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!
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