This is basically true. Trump is into this way of running things. They’re surrounding themselves with shitcoiners. Trump may do alot of good still, but he’s no Bitcoiner. nostr:note1pqmh2tu7mu7utrye56fpwex2mxs985pj2quc4qmvh39x0jaf09astntcq9
Discussion
What people need to understand is, all these shitcoins are just software, and there will always be better software. So use the software if you need to, but you can’t accumulate and HODL software. There is better ledgers than XRP. If you find yourself in a situation where the counterpart wants you to use XRP and you have no other choice buy just enough 😂
Bitcoin is also just software. If it is going to compete for the shallow minds, it needs to up the ante.
The most exciting aspect of Bitcoin as of late is ngu. That's it.
The most exciting aspect of #bitcoin is that I can lock the value of my productive time, at the time I produce it, into perpetuity and protects it with cryptography and energy.
I can choose to delay gratification forever if I choose to. This is not Cola, this is beachfront real estate.
Truly valuable.
BUT it doesn't excite the masses because they don't understand why that is important not do they want to.
Saying that, I would still like to see a world where Bitcoin is used for transacting, but as time passes I find this to be increasingly unlikely due to the technical limitations currently imposed on it. Even if Bitcoin was to be adopted as the worlds reserve, it wouldn't matter enough if the medium of exchange was a cbdc.
This cannot be ruled out as a potential and dare I say even likely outcome.
Yup, agree, I found bitcoin myself when a friend told me about some shitcoin 8 years ago. I got rekt, and have since concluded it only pays to stockpile bitcoins.
As far as how the future plays out, it’s so complex, so many moving parts, so many incentives and different entities, it’s impossible to anticipate how we will actually transact.
But there will never be more than 21 million bitcoins and I’m pretty sure more people over time will find a need to hold them.
I like threads like this, real talk 🤙
This is an absolute truth.