This partially explains Bitcoin's parabolic bull runs and the potential for hyperbitcoinization.
Large Bitcoin buys actually *unlock* large amounts of USD that are stuck "dormant" on corporation's and individual's balance sheets.
cc: @parabolictrav for this original idea
It makes me nauseous when bitcoiners get excited about the Federal Reserve or some other central bank potentially buying bitcoin.
No. Central banks need to become irrelevant, not more relevant. You trying to tweak a dead system or create a new one?
BTC vs ETH debate.
@woonomic @glassnode And
- BTC is better for humanity.
- ETH is better for crypto speculation.
"The biggest use case so far for Ethereum is a decentralized version of that circular speculation-based system."
Bitcoin: A Hedge Against The Dystopian Present.
"If Bitcoin is a technology that is only viable in dystopian times, then, dear readers, that time is now."
Written by John MacG.
Bitcoin Is Protecting Human Rights Around the World
"It's an escape hatch from tyranny," writes the Human Rights Foundation's Alex Gladstein. "It's nothing less than freedom money."
They don't want you to know how the money works. They never talk about it.
This is because it is ponzi & pyramid scheme; hidden in plain sight. Yet, the majority are able to see the extent of the scam. It runs deeper than deep.
The theft is coming to an end, #Bitcoin is here
Wow the "experts" are popping up like fungus on wet walls... Doctors, CEO's [not all], students and self educated podcasters who tell their friends about Bitcoin [good], Eth/XRP aka SHITCOINS [OMG] heaven forbid Paypal, Robinhood, Coinbase [STFU]. I have been at it for 10+ yrs.
The same people who like me are convinced that the whole Corona story is bullshit, I have a hard time making them understand that Fiat currency is g…
A joker making jokes.
There is no "crypto". There is #Bitcoin , and there are some other pretty artifacts that try to imitate it, but failed.
Dogecoin is the people’s crypto
This might be the most beautiful sentence ever regarding Bitcoin: http://reddit.com/r/Bitcoin/comments/lc59li/this_might_be_the_most_beautiful_sentence_ever/
Check this out - A former member of the Tasmanian Parliament creates his own money in the 80s. Promptly gets taken to Federal Court where the feds spend 22 mil prosecuting him, only for him to win! Dude now calls himself the "Grand Duke of Avram," and continues to operate his bank.
What a fucking legend! Dude is channelling serious bitcoiner energy here!
Enter this echo chamber orange pilled
Bitcoin Maston Instance