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“August saw a somewhat flat market, with coins like Ethereum and Bitcoin having a slow month, but other cryptocurrencies like Maker and Ripple surprised everyone and really skyrocketed.

Crypto disruptors landed on the scene – FedNow is a new instant payment platform direct from the Federal Reserve. FedNow may challenge the likes of BTC and ECH.

There’s also WorldCoin, which aims to be a payment network, ID system and universal basic income platform all in one.”

I used to respect this man for his perspectives on money and markets. After seeing this in my email inbox I can no longer value anything he has to say.

https://nostrcheck.me/media/public/nostrcheck.me_4356890100429613301694876956.webp

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Discussion

Neuromancer 2y ago

He’s too old for this I guess, he hasn’t put in the hours to study this thing. Eventually 90% of the people haven’t put in the work to understand bitcoin enough.

But when they do , they will eventually learn that, “Bitcoin is and that is enough” as famously quoted by nostr:npub1ccsfkkfk46jsjtn80cup0vjn98slkheqd65t36tut822kddvdcxqxjdc57

j 2y ago

Kiyosaki understands bitcoin very well. This seems to be a scam his team has come up with.

Neuromancer 2y ago

He understands bitcoin along with the shitcoins , not to the extent of bitcoin only.

j 2y ago

Folks like Kiyosaki know it’s bitcoin only. He also understands that there is a market out there for Doo Doo coins. So I believe he’s leveraging his platform to make more profits.

Neuromancer 2y ago

Could be. If that’s the case then kiyosaki is just a parasite and an unethical actor

j 2y ago

If this is the case, I’d agree. However since I understand Capitalism I understand his move. There is a market…with willing market participants. The end.

Neuromancer 2y ago

Gotta love the Saifedean snippets you post brother . Keep em coming.

Pura vida 🪻

j 2y ago

YES SIR!! I’ve just about finished reading all of nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak ‘s books. I’m finishing up Prociples Of Economics now. I started sharing these quotes because I became convinced that even some Bitcoiners have not made an effort to study economics. The bitcoin standard, the fiat standard and principles of economics really have helped me understand human behaviors.

The last book that I’ve read recently is by Thomas Sowell. Basic Economics A common sense guide to the economy 5th edition. This book will give the reader a clear insight into why society and politics/legislation looks the way it does. It’s really scary what our elected officials are doing. Many of them I’d bet have no sense of how economics works. They all should take a class in economics as a prerequisite to proposing legislation.

https://a.co/3oC1RcO

Neuromancer 2y ago

Indeed, the politicians and the bureaucrats have no idea about the economics that works ( Austrian school )

Separation of the money and state is essential at this point.

Neuromancer 2y ago

Anyways brother, keep posting those Saifedean snippets . Love them🧡

Pura vida 🪻