Why should #Bitcoin lead to a fairer financial system when the top 100 holders alone possess 13.78%?
In the current fiat system, the top 1% holds approximately 45% of global wealth, which isn't ideal either.
However, a #BTC Standard will change the financial world, and here's why:
Proof of Work over Proof of Stake/Ownership
⇒ In the fiat world, once you achieve a certain financial status, it's challenging to lose it, as having substantial wealth can generate even more money.
⇒ In a #Bitcoin ecosystem, the dynamics are radically different. Everyone must put in genuine effort to accumulate more capital.
⇒ Consequently, wealthy individuals will eventually spend their money, redistributing it to hardworking people.
So yes, #BTC's wealth concentration may be high now, but that's because we're in the early stages! This disparity will naturally improve over time.
#Bitcoin has now cornered the central banks.
⇒ If they print more money, it will pump #BTC to the moon, and it will end deadly for fiat currencies.
⇒ if they stop printing more money, the economy will crash and the faith in the current system will vanish. #Bitcoin will rise.
#Bitcoin is resistant to the state.
"Most of the questions around Binance have nothing to do with Coinbase" ARK Invest CEO Cathie Wood
https://nostr.build/av/5a731157199a401fa6f8808ace7c1dd894f1508282e4509545e1d400d12a1eb5.mp4
GOT é bom porem o final é triste. Até a 4 temp é maravilhoso e depois vai caindo o nivel. Tem aquela batalha dos bastardos que é MARAVILHOSA porem o nivel só cai...
JUST IN: 🇺🇸 #Bitcoin only company Swan faces heavy accusations and customer backlash on Stacker News 😱👀
#bitcoin cannot be stopped. When the state tries to go after bitcoiners, and they will, some will be caught, but many will escape because the government doesn't have the capacity and efficiency to do so.
With the major alt coin exchanges facing legal issues is it time we finally see #Bitcoin dominance over 48.5% again? 👀
The last time the smart money was this short; the world’s largest stock market fell by more than 50%.
The net short position on S&P 500 E-mini futures is now at its highest since 2007 ⚠️⚠️⚠️
CleanSpark pushing up the #Bitcoin hash rate 🙌
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Remember the banking crisis back in March that was due partially to people pulling deposits out in the chase for higher yields? Well...
“Everyone knows the flood is coming,”
JPMorgan has estimated that Washington will need to borrow $1.1tn in short-dated Treasury bills by the end of 2023, with $850bn in net bill issuance over the next four months.
A principal concern voiced by analysts was that the sheer volume of new issuance would push up yields on government debt, sucking cash out of bank deposits.
NYC is currently experiencing hyperbitcoinization 👀😅
Step 1) Appear on Forbes
Step 2) Cozy up to regulators
Step 3) ?
JUST IN: 🇺🇸 CEO of BitcoinMagazine warns of incoming bankruptcy of major custodian 😱🚨
Gensler's villain arc:
1) Be a humble MIT Professor in 2018
2) Meet CZ in Japan for lunch in April 2019 and ask about a job as an advisor for Binance
3) Later in 2019, send CZ a copy of his intended testimony to Congress ahead of the hearing to gain goodwill.
3) Don't get job Binance
4) Become Biden's SEC Chair in 2021
5) Exact revenge in 2023
College students are far more liberal than conservative.
But the disparity is far greater at US News & World Report’s top 20 ranked schools (e.g. Harvard, MIT, Princeton, Yale).
Specifically, libs outnumber cons:
▪️69%-16% at Top 20 schools
▪️55%-23% at lower ranked schools
Among female college students, liberals outnumber conservatives:
▪️79% to 8% at Top 20 schools
▪️65% to 17% at lower ranked schools
Among male college students, liberals outnumber conservatives:
▪️59% to 23% at Top 20 schools
▪️44% to 32% at lower ranked schools
Are the people agreeing unaware of human sacrifices and tribal warfare or do they simply not care?
In person #Bitcoin exchange spotted in Istanbul, Turkey 🇹🇷
Around 100 trading pairs will be removed from the Binance US platform, however they may remain active on Binance Global.
Possible selling pressure on these tokens on the way.
Good opportunity for you who own one of these to bitcoinize.
Just saying...
