Retailers will adopt bitcoin not because Bitcoiners beg them, but because eventually they will realize bitcoin is better for the retailer than for the customer.
Paper cheques can bounce up to a week or two later. Credit card transactions can be contested up to 60 to 180 days later. Bitcoin transactions can be sufficiently irreversible in an hour or two.
Bird site video
"You want to know how brilliant Michael K Williams was? and the depths of how fucking tragic this loss is? Take two minutes and watch this..."
Total Returns over the last 10 Years...
Bitcoin $BTC: +572,917%
Tesla $TSLA: +15,158%
NVIDIA $NVDA: +7,242%
Netflix $NFLX: +1,666%
Amazon $AMZN: +1,529%
Microsoft $MSFT: +1,328%
Apple $AAPL: +1,215%
Google $GOOGL: +975%
S&P 500 $SPY: +356%
Bonds $AGG: +35%
Gold $GLD: -5%
@nvk The real take away from this is: a group of hackers so incompetent they couldnt figure out how to use a fucking coldcard was still competent enough to hack critical infrastructure.
This is how velocity/fiat people think.
They are incapable of think in terms of store of value, they don’t seem to understand the importance of pricing in the future.
They are all about burn rate.
Goods & services are the real economy, any form of money is simply the accounting thereof
If you compare gold to the dollar over time, you can see it cost $20 to buy an ounce of gold in the early 1900s. It jumped to $35/oz in 1933, then it went haywire after 1971.
Today, an ounce of gold costs over $1,800. Does this sound like the USD is holding its purchasing power?
Remember that the anti-bitcoin crowd is openly advocating for the continued suffering of tens of millions of people around the world.
Another great read from the Human Rights Foundation’s @gladstein
Every altcoin is controlled by someone.
#Bitcoin is controlled by no one.
A key distinction that makes all the difference.
Bitcoin Maston Instance