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"Classic Polymarket having a poorly worded thing that wasn't thought through" Kain on the Polymarket MicroStrategy Bitcoin question mess "The actual question is, will MicroStrategy sell any Bitcoin by 05/31/2026? Yes. But it wasn't disclosed until June 1. Because there never is" "If you're saying we would only resolve...

12,471 просмотров • 1 месяц назад •via X (Twitter)

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🎙️ Can They Manipulate Bitcoin? Jeff Booth ⚡️ on You’re The Voice | Podcast by Efrat Fenigson "Let's say #bitcoin fell by 95%. You're gonna sell or buy? Buy. Of course. So now let's say the existing system, imagine, just let's play game theory, imagine the system that the BlackRock and everything consolidate enough coins, and then they start to try to make self custody illegal, and these things are coordinated, and then they start shorting bitcoin to drive price down. There are too many people that know, and they will just take all the bitcoin into self custody. And so it keeps it decentralized and secure. And what would happen in that case is as they tried to manipulate Bitcoin, I'm not saying they will, but if they tried to do that and manipulate price down, then you would have a major financial party get liquidated, completely liquidated. It would look like FTX, but JP Morgan or BlackRock. And that would take down the entire system if that happened. So will these games happen? Of course they're gonna happen. People are going to try to cheat because human beings have always tried to cheat. So that's totally logical that they will. But human beings have tried to cheat on a system that allowed cheating. Try to cheat a system that won't allow cheating and eventually you're gonna get liquidated and bring it on. It doesn't touch anybody that self custodies. It doesn't touch you at all. Like were you hurt by FTX? Nothing." Watch full episode, like, share & support >>

Efrat Fenigson

135,387 просмотров • 2 лет назад

.Erik Voorhees: It’s actually good, from the Trojan horse perspective, that Bitcoin was traceable enough for traditional institutions to tolerate it. “When Bitcoin came out, everyone called it private, thought of it as private. It was referred to as anonymous in every news story. And in some ways, it is very private and very anonymous. But the truth is that it’s also extremely trackable and traceable. It is not private in reality. And the question is, should it have been from the start? And at first I thought, yes, it should have been more private. And that was a mistake in its design. However, I think if Bitcoin had been anonymous truly from the start, like a Zcash or a Monero, it would have had such antagonism from the state. I don’t know that the state could have snuffed it out, but they would have tried much harder. And I think it’s actually good, from the Trojan horse metaphor perspective, that it was traceable enough that the traditional institutions could tolerate it. They’ve never liked it, but they could at least tolerate it because there is some traceability. And that has allowed Bitcoin to grow. And I think in its shadow, that other crypto assets are actually anonymous is very healthy. The strength of cryptocurrency as a concept in society, I think, is served best when Bitcoin itself is not perfectly private, but other assets are. That is a very difficult thing, I think, for the state to combat. And that decentralization of attributes is really, really crucial. So, yeah, I’m very glad that there are other coins that are private. I want there to be more of them, and I want them to be more popular. And I think it’s okay that Bitcoin itself is not.”

Arjun Khemani

23,056 просмотров • 23 дней назад