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ANONYMOUS INTERNET LEGEND EXPLAINING WHY #BITCOIN WAS ALREADY BETTER MONEY AT $2 IN 2011 “TODAY’S NEWS STORY… THE VALUE OF BITCOIN CRASHES.” “ONE BITCOIN FELL BELOW $3. AND THAT’S CONSIDERED A CRASH” “ALL CURRENCIES ARE FIAT” “MONEY REALLY DOESN’T HAVE ANY VALUE BY ITSELF. IT’S JUST THE VALUE THAT... show more

The Bitcoin Historian

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Bitcoin isn’t just a store of value. it’s infrastructure. it’s collateral. it’s programmable money. the BTC-FI accelerator is for founders building in that direction. apps are open 👉

Bitcoin isn’t just a store of value. it’s infrastructure. it’s collateral. it’s programmable money. the BTC-FI accelerator is for founders building in that direction. apps are open 👉

Core Ventures

11,731 Aufrufe • vor 11 Monaten

Michael Saylor's Michael Saylor EPIC ADVICE for CEOs: "Stop investing in toxic money. Just raise $100 million and buy Bitcoin." at Abundance360 Summit 2024 with Peter H. Diamandis, MD "The Microstrategy story is: We had $600 million enterprise value with $600 million cash - which is a liability. What do we do? We flip it to be $600 million Bitcoin and a $600 million enterprise." "And Bitcoin has been going up 40% a year... So you flip your balance sheet to be an asset, and today the enterprise value of the company is $30 billion." "The enterprise value is up by a factor of x40. It took 42 months... Not 40 years... I haven't graduated from my senior year of Bitcoin." #MichaelSaylor #Bitcoin $MSTR Strategy

Michael Saylor's Michael Saylor EPIC ADVICE for CEOs: "Stop investing in toxic money. Just raise $100 million and buy Bitcoin." at Abundance360 Summit 2024 with Peter H. Diamandis, MD "The Microstrategy story is: We had $600 million enterprise value with $600 million cash - which is a liability. What do we do? We flip it to be $600 million Bitcoin and a $600 million enterprise." "And Bitcoin has been going up 40% a year... So you flip your balance sheet to be an asset, and today the enterprise value of the company is $30 billion." "The enterprise value is up by a factor of x40. It took 42 months... Not 40 years... I haven't graduated from my senior year of Bitcoin." #MichaelSaylor #Bitcoin $MSTR Strategy

Roger James Hamilton

13,190 Aufrufe • vor 2 Jahren

JUST IN: $11 TRILLION BLACKROCK AND $6 TRILLION FIDELITY OPENLY DISCUSSING HOW FIAT MONEY "DOES NOT HAVE INTRINSIC VALUE" "#BITCOIN IS THE 1st ASSET TO GAIN WIDESPREAD GLOBAL ADOPTION IN THOUSANDS OF YEARS" THEY ARE TELLING YOU 🚀

JUST IN: $11 TRILLION BLACKROCK AND $6 TRILLION FIDELITY OPENLY DISCUSSING HOW FIAT MONEY "DOES NOT HAVE INTRINSIC VALUE" "#BITCOIN IS THE 1st ASSET TO GAIN WIDESPREAD GLOBAL ADOPTION IN THOUSANDS OF YEARS" THEY ARE TELLING YOU 🚀

The Bitcoin Historian

58,253 Aufrufe • vor 5 Monaten

.Justin Drake: "I don't see how ETH could not flip BTC" Justin is asked: What's Ethereum? Is it a settlement layer? A world computer? Monetary network? He responds: "For me, this hasn't changed for many years. Ethereum is the Internet of Value." "In order to be successful as the Internet of Value you need very good money at the center of it because that will be the substrate -- the economic bandwidth -- that will allow you to build a lot of services (e.g. loans, stablecoins)." "In some sense, the success of the platform and the success of the money are tied at the hip. This is why I think those who are pushing for ETH as money are really helping the platform and vice versa -- those who are helping the platform are helping with ETH the money." "One of my theses is that we'll have winner-takes-most platforms. There's only one Internet. There's only going to be one Internet of Value that captures 90-99% of all economic activity. And just for weird, path-dependent reasons, we have Bitcoin that is the largest money right now. But I think this is a highly-unstable equilibrium for multiple reasons. And I think the best candidate to win the Internet of Value is by far Ethereum." Fede’s intern 🥊 adds to this point, "I was never convinced there was a chance of [Ethereum flipping Bitcoin] to be honest. But I'm getting convinced there's a high probability -- you [Justin] have played a part in convincing me because of the issuance (declining block subsidy) and now the post-quantum. I do think there's a high chance that ETH becomes the dominant economic substrate in the long-term. I don't see how proof-of-work could work long-term." Justin echoes this: "Unless there's some catastrophic failure of Ethereum, I don't see how Ethereum could not flip Bitcoin." Source: Blockspace Forum Read our thesis on why ETH is better money than BTC below 👇

.Justin Drake: "I don't see how ETH could not flip BTC" Justin is asked: What's Ethereum? Is it a settlement layer? A world computer? Monetary network? He responds: "For me, this hasn't changed for many years. Ethereum is the Internet of Value." "In order to be successful as the Internet of Value you need very good money at the center of it because that will be the substrate -- the economic bandwidth -- that will allow you to build a lot of services (e.g. loans, stablecoins)." "In some sense, the success of the platform and the success of the money are tied at the hip. This is why I think those who are pushing for ETH as money are really helping the platform and vice versa -- those who are helping the platform are helping with ETH the money." "One of my theses is that we'll have winner-takes-most platforms. There's only one Internet. There's only going to be one Internet of Value that captures 90-99% of all economic activity. And just for weird, path-dependent reasons, we have Bitcoin that is the largest money right now. But I think this is a highly-unstable equilibrium for multiple reasons. And I think the best candidate to win the Internet of Value is by far Ethereum." Fede’s intern 🥊 adds to this point, "I was never convinced there was a chance of [Ethereum flipping Bitcoin] to be honest. But I'm getting convinced there's a high probability -- you [Justin] have played a part in convincing me because of the issuance (declining block subsidy) and now the post-quantum. I do think there's a high chance that ETH becomes the dominant economic substrate in the long-term. I don't see how proof-of-work could work long-term." Justin echoes this: "Unless there's some catastrophic failure of Ethereum, I don't see how Ethereum could not flip Bitcoin." Source: Blockspace Forum Read our thesis on why ETH is better money than BTC below 👇

Etherealize

170,709 Aufrufe • vor 3 Monaten

. Raoul Pal reveals he's been buying $ZEC during this recent market correction, and why he thinks it could be worth 5-10% of Bitcoin "In the world of store of value, there was only one really. But now we've got another one: Zcash 🛡️ - Bitcoin with privacy." "I talked to Barry Silbert about this the other day. To assume it could be 10% of Bitcoin, 5% of Bitcoin - that's great, in terms of how much economic value it has." "Privacy in the world has value for people, and I think people will understand that more." Podcast out this Thursday! Real Vision

. Raoul Pal reveals he's been buying $ZEC during this recent market correction, and why he thinks it could be worth 5-10% of Bitcoin "In the world of store of value, there was only one really. But now we've got another one: Zcash 🛡️ - Bitcoin with privacy." "I talked to Barry Silbert about this the other day. To assume it could be 10% of Bitcoin, 5% of Bitcoin - that's great, in terms of how much economic value it has." "Privacy in the world has value for people, and I think people will understand that more." Podcast out this Thursday! Real Vision

MR SHIFT 🦁

138,173 Aufrufe • vor 2 Monaten

I think eventually owning 0.1 BTC will be enough This is because Bitcoin is the only asset that can serve as a medium of exchange, unit of account, AND store of value Today, the functions of money are absorbed by 6+ asset classes On a Bitcoin standard, Bitcoin will be the only money, so it can grow MUCH bigger than the current financial system

I think eventually owning 0.1 BTC will be enough This is because Bitcoin is the only asset that can serve as a medium of exchange, unit of account, AND store of value Today, the functions of money are absorbed by 6+ asset classes On a Bitcoin standard, Bitcoin will be the only money, so it can grow MUCH bigger than the current financial system

Rajat Soni, CFA

24,812 Aufrufe • vor 6 Monaten

In 2013, Peter Schiff said Bitcoin "replicates all the properties of gold, even improving on some of them." His only problem with it? "No intrinsic value." The network, censorship resistance, borderless settlement, that's the intrinsic value. BTC was below $1k at 2013's end. Even after the recent pullback you're up over 67x. And the institutions whose entire business is making money? They're piling in. I guess they see the value. Funny how that works.

In 2013, Peter Schiff said Bitcoin "replicates all the properties of gold, even improving on some of them." His only problem with it? "No intrinsic value." The network, censorship resistance, borderless settlement, that's the intrinsic value. BTC was below $1k at 2013's end. Even after the recent pullback you're up over 67x. And the institutions whose entire business is making money? They're piling in. I guess they see the value. Funny how that works.

Lark Davis

28,366 Aufrufe • vor 5 Monaten

We are in an extended period of price discovery. Why is XRP selling at $1.35 and Bitcoin, backed by Jeffrey Epstein and used in child trafficking, with little real value in terms of utility valued at 68.5K? It is because prices are being manipulated by the Deep State Parasites. The prices of cars, houses, food, all things are being controlled by these Satanist Elite Hybrids and the fake fiat money. When the world shakeup is over. And indeed eggs must be broken to make an omelet, the manipulation will end. Prices will return to 1955 levels. All things will be priced according to their inherent market value. The matrix control grid is dissolving, one deep state operative at a time. We are returning to an age of purpose and value. All money will be backed by tangible assets, and we will value our time, our family, friends, and above all, our creative purpose, once again.

We are in an extended period of price discovery. Why is XRP selling at $1.35 and Bitcoin, backed by Jeffrey Epstein and used in child trafficking, with little real value in terms of utility valued at 68.5K? It is because prices are being manipulated by the Deep State Parasites. The prices of cars, houses, food, all things are being controlled by these Satanist Elite Hybrids and the fake fiat money. When the world shakeup is over. And indeed eggs must be broken to make an omelet, the manipulation will end. Prices will return to 1955 levels. All things will be priced according to their inherent market value. The matrix control grid is dissolving, one deep state operative at a time. We are returning to an age of purpose and value. All money will be backed by tangible assets, and we will value our time, our family, friends, and above all, our creative purpose, once again.

Eli Weber

77,722 Aufrufe • vor 4 Monaten

Warren Buffett explains why he prefers productive assets over Bitcoin. He says he would gladly pay billions for a small share of U.S. farmland or apartments because they produce real value like food and housing. But even if he could buy all the Bitcoin in the world, he wouldn't take it, because it produces nothing and only has value if someone else pays more later. Buffett argues that Bitcoin is a speculative asset, not an investment, driven by hype, trading costs, and money changing hands rather than real wealth creation. In contrast, true assets must deliver something tangible over time. Bitcoin, he says, is speculation, not an investment: hype, fees, and money changing hands- without creating real wealth. True investments deliver tangible value over time.

Warren Buffett explains why he prefers productive assets over Bitcoin. He says he would gladly pay billions for a small share of U.S. farmland or apartments because they produce real value like food and housing. But even if he could buy all the Bitcoin in the world, he wouldn't take it, because it produces nothing and only has value if someone else pays more later. Buffett argues that Bitcoin is a speculative asset, not an investment, driven by hype, trading costs, and money changing hands rather than real wealth creation. In contrast, true assets must deliver something tangible over time. Bitcoin, he says, is speculation, not an investment: hype, fees, and money changing hands- without creating real wealth. True investments deliver tangible value over time.

Stocks World

27,526 Aufrufe • vor 5 Monaten

VanEck CEO Jan van Eck on CNBC: “There’s something else going on within the Bitcoin community that non-crypto people need to know about. And that is: ultimately, VanEck has been around before Bitcoin. We will walk away from Bitcoin if we think the thesis is fundamentally broken. We don’t right now, but you always have to look at the underlying technology and the crypto. What the Bitcoin community has been asking itself is: Is there enough encryption in Bitcoin, because quantum computing is coming? And secondly: Is there enough privacy in Bitcoin? And so a lot of Bitcoin OGs or maxis have been looking at Zcash. Zcash is a token. It’s sort of related to Bitcoin with a lot more privacy. The kind of garbage that we got about Bitcoin four years ago was: ‘It’s used for all bad illicit behavior.’ But now everyone kind of realizes that when you move money around on the Bitcoin blockchain, you can see it. You can see it move from one wallet to another. And a lot of people are looking for more privacy.”

VanEck CEO Jan van Eck on CNBC: “There’s something else going on within the Bitcoin community that non-crypto people need to know about. And that is: ultimately, VanEck has been around before Bitcoin. We will walk away from Bitcoin if we think the thesis is fundamentally broken. We don’t right now, but you always have to look at the underlying technology and the crypto. What the Bitcoin community has been asking itself is: Is there enough encryption in Bitcoin, because quantum computing is coming? And secondly: Is there enough privacy in Bitcoin? And so a lot of Bitcoin OGs or maxis have been looking at Zcash. Zcash is a token. It’s sort of related to Bitcoin with a lot more privacy. The kind of garbage that we got about Bitcoin four years ago was: ‘It’s used for all bad illicit behavior.’ But now everyone kind of realizes that when you move money around on the Bitcoin blockchain, you can see it. You can see it move from one wallet to another. And a lot of people are looking for more privacy.”

Arjun Khemani

568,668 Aufrufe • vor 8 Monaten

.David Sacks: Bitcoin Strategic Reserve Will Maximize Long-Term Value of U.S. Holdings "The reason why we need a Bitcoin reserve is that the federal government already owns some. In fact, it obtained around 400,000 Bitcoin over the past decade through criminal and civil forfeitures and seizures. And so the government has to have a strategy for how it deals with this. In the past, the strategy has been simply to sell it in an ad hoc way, almost willy-nilly, and that cost American taxpayers something like $17 billion in lost value. So we want to have a long-term strategy to maximize the value of these holdings. We’ve decided that Bitcoin is scarce, it’s valuable, and it is strategic for the United States to hold on to this as a long-term reserve asset. So that’s the plan with the 200,000 Bitcoin that we believe are in the possession of the federal government. I say 'we believe' because no one really knows for sure since we’ve never had a proper audit. That’s one of the first things this executive order provides: we’re going to do a full government-wide audit to find out what digital assets we actually have so they can be safeguarded and moved into a strategy that maximizes their long-term value."

.David Sacks: Bitcoin Strategic Reserve Will Maximize Long-Term Value of U.S. Holdings "The reason why we need a Bitcoin reserve is that the federal government already owns some. In fact, it obtained around 400,000 Bitcoin over the past decade through criminal and civil forfeitures and seizures. And so the government has to have a strategy for how it deals with this. In the past, the strategy has been simply to sell it in an ad hoc way, almost willy-nilly, and that cost American taxpayers something like $17 billion in lost value. So we want to have a long-term strategy to maximize the value of these holdings. We’ve decided that Bitcoin is scarce, it’s valuable, and it is strategic for the United States to hold on to this as a long-term reserve asset. So that’s the plan with the 200,000 Bitcoin that we believe are in the possession of the federal government. I say 'we believe' because no one really knows for sure since we’ve never had a proper audit. That’s one of the first things this executive order provides: we’re going to do a full government-wide audit to find out what digital assets we actually have so they can be safeguarded and moved into a strategy that maximizes their long-term value."

Josh Caplan

90,888 Aufrufe • vor 1 Jahr

“What I think SPX is, is a wake-up call. And I think for the normie, the average person, it literally is best described as being the next Bitcoin, because that's literally what it is. Bitcoin was a wake-up call to show people that value is subjective. And SPX is the next iteration of that. And once you get enough people to understand that the value of the dollar is subjective. It only has value because people believe in it. Bitcoin only has value because people believe in it. SPX has value because people believe in it. And the next step is Well, it's not just money that is subjective in value. It is literally everything is subjective. The entire universe is this subjective entity that is created from our own consciousness. And that's what Like, the purpose of this vehicle, yes, it's going to make a lot of people a lot of money, but the point of that is to wake people up to the fact that the entire universe is this subjective entity. It is not just this, like, empirical machine with interlocking gears and like this orderly machine that proceeds from just like the sum of its parts like no like we are literally the universe creating the universe and that's what spx is meant to wake people up to.” — Crypto Maxi 💹🧲

“What I think SPX is, is a wake-up call. And I think for the normie, the average person, it literally is best described as being the next Bitcoin, because that's literally what it is. Bitcoin was a wake-up call to show people that value is subjective. And SPX is the next iteration of that. And once you get enough people to understand that the value of the dollar is subjective. It only has value because people believe in it. Bitcoin only has value because people believe in it. SPX has value because people believe in it. And the next step is Well, it's not just money that is subjective in value. It is literally everything is subjective. The entire universe is this subjective entity that is created from our own consciousness. And that's what Like, the purpose of this vehicle, yes, it's going to make a lot of people a lot of money, but the point of that is to wake people up to the fact that the entire universe is this subjective entity. It is not just this, like, empirical machine with interlocking gears and like this orderly machine that proceeds from just like the sum of its parts like no like we are literally the universe creating the universe and that's what spx is meant to wake people up to.” — Crypto Maxi 💹🧲

Tanz Cho 💹🧲

12,124 Aufrufe • vor 11 Tagen

“How many bitcoin do you own?” That’s how it starts, a stupid question from the host. From there, it goes downhill fast. Christine Lagarde repeats every tired anti-bitcoin cliché the ECB has ever pushed. Let's go... 1️⃣ “Bitcoin has no intrinsic value.” Neither does fiat. Intrinsic value is an outdated economic myth, money derives value from scarcity, credibility, and demand for settlement. Bitcoin’s scarcity is mathematically enforced; fiat’s is politically decided. 2️⃣ “It has no anchor of safety.” Bitcoin’s anchor is energy. Every coin represents irreversible work, proof of energy expended to secure the network. Fiat’s anchor is faith in central banks that inflate at will. 3️⃣ “It could collapse.” So can any monetary system. But bitcoin has operated with 99.99% uptime for 15 years, through wars, recessions, bans, and collapses, that you and your friends created! Now go and compare that to banking crises that occur every decade. 4️⃣ “It’s speculative.” Yes! In the same way that every emerging monetary asset is. Gold was speculative in 600 BC. Bonds were speculative in 17th-century Europe. Bitcoin is price discovery in real time. A Feature! 5️⃣ “A digital euro will be safer.” Hmmmm... no! That’s not safety. That’s dependency. A CBDC is not money you own; it’s credit you’re allowed to use, programmable and reversible at will. While bitcoin is ownership; CBDCs are permission. 6️⃣ “Stablecoins are different.” Exactly! They’re IOUs, not assets. They rely on trust in an issuer, exactly what bitcoin removes. Bottom line: Every critique Lagarde makes of bitcoin describes fiat more accurately. Trust math, not mandates.

“How many bitcoin do you own?” That’s how it starts, a stupid question from the host. From there, it goes downhill fast. Christine Lagarde repeats every tired anti-bitcoin cliché the ECB has ever pushed. Let's go... 1️⃣ “Bitcoin has no intrinsic value.” Neither does fiat. Intrinsic value is an outdated economic myth, money derives value from scarcity, credibility, and demand for settlement. Bitcoin’s scarcity is mathematically enforced; fiat’s is politically decided. 2️⃣ “It has no anchor of safety.” Bitcoin’s anchor is energy. Every coin represents irreversible work, proof of energy expended to secure the network. Fiat’s anchor is faith in central banks that inflate at will. 3️⃣ “It could collapse.” So can any monetary system. But bitcoin has operated with 99.99% uptime for 15 years, through wars, recessions, bans, and collapses, that you and your friends created! Now go and compare that to banking crises that occur every decade. 4️⃣ “It’s speculative.” Yes! In the same way that every emerging monetary asset is. Gold was speculative in 600 BC. Bonds were speculative in 17th-century Europe. Bitcoin is price discovery in real time. A Feature! 5️⃣ “A digital euro will be safer.” Hmmmm... no! That’s not safety. That’s dependency. A CBDC is not money you own; it’s credit you’re allowed to use, programmable and reversible at will. While bitcoin is ownership; CBDCs are permission. 6️⃣ “Stablecoins are different.” Exactly! They’re IOUs, not assets. They rely on trust in an issuer, exactly what bitcoin removes. Bottom line: Every critique Lagarde makes of bitcoin describes fiat more accurately. Trust math, not mandates.

Eli Nagar

187,201 Aufrufe • vor 9 Monaten

Jack Mallers’ appearance on Bloomberg is NO EXAGGERATION one of the sharpest 9-minute Bitcoin segments you’ll find this year. Here’s what stuck with me: – Performance in dollars is a distraction. “The only metric that matters: Bitcoin per share.” – Scarcity isn’t a narrative device. If you want more Bitcoin, you PAY UP. – Altcoins? Tech stocks at best. Bitcoin is gunning for the world’s $400T store of value market. – “I’ll never own another asset outside of Bitcoin.” Not diversification but CONVICTION. – The real use case: You create value, you want to keep it. Bitcoin is the answer. Mallers doesn’t hype. He just points at the inevitable.

Jack Mallers’ appearance on Bloomberg is NO EXAGGERATION one of the sharpest 9-minute Bitcoin segments you’ll find this year. Here’s what stuck with me: – Performance in dollars is a distraction. “The only metric that matters: Bitcoin per share.” – Scarcity isn’t a narrative device. If you want more Bitcoin, you PAY UP. – Altcoins? Tech stocks at best. Bitcoin is gunning for the world’s $400T store of value market. – “I’ll never own another asset outside of Bitcoin.” Not diversification but CONVICTION. – The real use case: You create value, you want to keep it. Bitcoin is the answer. Mallers doesn’t hype. He just points at the inevitable.

Fernando Nikolić 🇦🇷 🟠

261,455 Aufrufe • vor 1 Jahr

A dollar bill is made of linen and cotton. But we accept it because we trust it. Over 16 years Bitcoin has built its own trust system — decentralized, no central authority, no single point of failure. And now Morgan Stanley is in. Goldman filed a Bitcoin ETF this morning. It’s becoming part of the model portfolio for individuals and institutions worldwide. There will only be 21 million coins ever. If each coin’s value is $1 million — that’s $21 trillion. Still below gold’s total market cap, but faster to move and easier to store. Read Niall Ferguson’s The Ascent of Money. Every characteristic that has defined money throughout human history — Bitcoin checks every single box. That’s why I’m bullish.

A dollar bill is made of linen and cotton. But we accept it because we trust it. Over 16 years Bitcoin has built its own trust system — decentralized, no central authority, no single point of failure. And now Morgan Stanley is in. Goldman filed a Bitcoin ETF this morning. It’s becoming part of the model portfolio for individuals and institutions worldwide. There will only be 21 million coins ever. If each coin’s value is $1 million — that’s $21 trillion. Still below gold’s total market cap, but faster to move and easier to store. Read Niall Ferguson’s The Ascent of Money. Every characteristic that has defined money throughout human history — Bitcoin checks every single box. That’s why I’m bullish.

Anthony Scaramucci

41,174 Aufrufe • vor 3 Monaten

Sahil Bloom reveals to make $1,000,000/year you NEED to create $10,000,000 of value for others “To earn $1,000,000/year, you have to create $10,000,000 a year of value. And if you do that, you actually probably will in some way. Like you'll probably capture enough of that value to make that money. But like value creation is what making money is about. The recipe for making a whole lot of money is not that difficult. It is just create value and then receive value. And creating value is just identifying problems, creating solutions, and then scaling those solutions. At all points in time, if you're trying to make money, you need to be doing one of those.”

Sahil Bloom reveals to make $1,000,000/year you NEED to create $10,000,000 of value for others “To earn $1,000,000/year, you have to create $10,000,000 a year of value. And if you do that, you actually probably will in some way. Like you'll probably capture enough of that value to make that money. But like value creation is what making money is about. The recipe for making a whole lot of money is not that difficult. It is just create value and then receive value. And creating value is just identifying problems, creating solutions, and then scaling those solutions. At all points in time, if you're trying to make money, you need to be doing one of those.”

The Iced Coffee Hour

12,895 Aufrufe • vor 2 Monaten

Buying cuban cigars for bitcoin in 2023 Today, ₿180,000 is about $190. To anyone thinking, ‘OMG, how could you miss out on those Bitcoin gains? You should have HODL'd! Gresham's Law dude!’ I could’ve spent Cuban pesos instead of bitcoin, sure. But I want to support freedom money in one of the last bastions of communism. I do not regret it. To the point about Gresham's law, it simply doesn't apply to Bitcoin. Gresham’s Law applies when a government legally mandates a fixed exchange rate between two monies—something that never happens with bitcoin’s market-driven, floating timechain value—so there’s no enforced overvaluation to drive out the “good” money. IMO, the real opportunity cost is NOT the bitcoin I spent on this cigar—it’s the fiat you hold right now that is not Bitcoin. Every single time you spend fiat, you could have spent bitcoin or HODld bitcoin. Think about that for a second. (Not financial advice obvs)

Buying cuban cigars for bitcoin in 2023 Today, ₿180,000 is about $190. To anyone thinking, ‘OMG, how could you miss out on those Bitcoin gains? You should have HODL'd! Gresham's Law dude!’ I could’ve spent Cuban pesos instead of bitcoin, sure. But I want to support freedom money in one of the last bastions of communism. I do not regret it. To the point about Gresham's law, it simply doesn't apply to Bitcoin. Gresham’s Law applies when a government legally mandates a fixed exchange rate between two monies—something that never happens with bitcoin’s market-driven, floating timechain value—so there’s no enforced overvaluation to drive out the “good” money. IMO, the real opportunity cost is NOT the bitcoin I spent on this cigar—it’s the fiat you hold right now that is not Bitcoin. Every single time you spend fiat, you could have spent bitcoin or HODld bitcoin. Think about that for a second. (Not financial advice obvs)

Joe Nakamoto ⚡️

22,481 Aufrufe • vor 1 Jahr

Bitcoin fundamentally changed how we see money, ownership, and property rights. Now it’s time to expand what Bitcoin’s value can do. At the The Bitcoin Conference, Charles Hoskinson shared a vision for the next era of financial systems where Cardano provides the infrastructure and wallet to unlock Bitcoin DeFi built around the user. Watch his full opening remarks and visit to sign up for the latest updates on Bitcoin DeFi. #bitcoin2025 ⬇️

Bitcoin fundamentally changed how we see money, ownership, and property rights. Now it’s time to expand what Bitcoin’s value can do. At the The Bitcoin Conference, Charles Hoskinson shared a vision for the next era of financial systems where Cardano provides the infrastructure and wallet to unlock Bitcoin DeFi built around the user. Watch his full opening remarks and visit to sign up for the latest updates on Bitcoin DeFi. #bitcoin2025 ⬇️

Input Output Group

1,249,885 Aufrufe • vor 1 Jahr