Aussie Central Bankers don't understand what money is. 🤭🤫
Australia's Central Bank Says Bitcoin 'Not Really Money,' No Risk to Financial Stability - CoinDesk
Meet the Technician Who Unlocks Forgotten Crypto Wallets - CoinDesk
Andreas answering some work calls. You never know when it can travel through phone lines. You can never be too safe!
Take time to appreciate how boring and reliable bitcoin seems at times by looking at the #1 shitcoin Ethereum. Fees to interact with a complex smart contract are thousands of dollars.
Sometimes i just need to stare at a giant pile of shit like Ethereum to appreciate how beautifully designed and functional bitcoin is.
Is Bitcoin volatile?
Following the Saylor/Stevens discussion, I considered the meaning of the term.
A volatile substance evaporates easily - it doesn't easy turn back into liquid or a solidify. Volatility is unidirectional.
A volatile asset is one that *loses* value easily, not one that fluctuates in value. There's no upward volatility, because that's a confusion in terms.
The only Q remaining is what time frame are we measuring value across?
Over >4 years, Bitcoin has ZERO volatility.
I've just accepted a job in the industry! Being paid in #bitcoin! Couldn't be more excited! DCA every two weeks like clockwork. What a time to be alive!
TLDR: Convert your assets into BTC and issue debt against your assets and cashflow.
I am watching the MicroStrategy conference now and it's basically how to do a speculative attack 101.
Your stack is your monument - @rootdude
Bitcoin Maston Instance