MetaMask has announced a new partnership with payment giant PayPal.
Users in the United States can buy $ETH in their wallets through PayPal.
Opening the door to hundreds of millions of users to Web3.
This is very big!
The onboarding has just become easier.
Bullish as Fook!
Nobody is cheering.
It's just the reality.
Consequences have Consequences.
We are seeing in real time the fall of the US Empire and the fall of the $.
Thank God we have Bitcoin.
Hopefully, after all, this plays out, we will have a massive awakening and realize that we need to separate Money from the State.
In the last Renaissance, we separated Church from State.
In this Web3 Renaissance, we will separate Money from State.
Freedom to Transact.
In Code We Trust.
Why would they go for permissionless?
Open and Decentralized models are a direct threat to the establishment.
They will always look to drive people and systems into Close, Centralized & Gated models to maintain control and power.
All this will be sold "for our own safety."
That's what Bitcoin has enabled.
It has opened the doors for a world where we can build new models that don't depend on a third party.
But Bitcoin was just the beginning, now, we are building on those principles, this thing that we call Web3.
I hope BTC Maxis will come to see that if we truly want to change the system, we need more than just a store of value, digital gold.
We are in this Decentralised Boat together.
Building a Brave New World.
The enemy is CBDCs.
That's what we are against.
We are all rowing in the same Decentralisation Boat.
It's time we wake up and don't fall for the oldest trick in the book "Divide and Conquer."
I just followed you.
This is the point that I am making.
The fight is not between BTC and other Altcoins.
The real fight is between Closed-Centralised Models vs Open-Decentralised ones.
I have a dream.
A dream where Bitcoin Maxis and Web3 enthusiasts live in peace and harmony.
A world where we unite to fight the forces of Centralisation and Closed systems.
You may say that I'm a dreamer, but I'm not the only one.
Openness, not Decentralization.
That’s what people want.
The whole point of decentralized models is non-excludability/censorship resistance.
When people say decentralization, that’s what they mean, but most are unaware.
You can have decentralization and lose openness.
permissionlessness = self-sufficiency, and openness.
open = non-excludability
self-sufficiency = pays for itself
what trustless means in the Bitcoin context ("no trusted third parties").
money that can be trusted bc is permissionless (open + self-sufficient)
Hey Gigi, can you talk about what are Bitcoin's limitations and risks?
I'm sure there are downsides also.
For example, one issue that I see is the lack of economic incentives for node runners.
Bitcoin consensus only pays for adding transactions to the chain and nothing for all the work needed to run a true p-2-p network.
Nodes are run now by volunteers, and I'm curious to see if you consider this to be an issue.
I'm not FUDing or anything.
I believe Bitcoin is our vessel to get out of this shit we are in.
I'm curious to see your opinion on this matter.
“In the beginning, God created The Bank and Money.
And The Bank was without Money and bailed out.
And darkness was upon the face of the taxpayer.”
- Genesis 1:1
“Then God created Bitcoin and said, let there be light.” - Genesis 1:2
“In the beginning, God created The Bank and Money.
And The Bank was without Money and bailed out.
And darkness was upon the face of the taxpayer.”
- Genesis 1:1
“Then God created Bitcoin and said, let there be light.” - Genesis 1:2
gm,
Another day. Another block to mine.
LFGrow!
I'm bullish on the following:
DeFi on BTC
NFTs on BTC
Please don't hate me. 😅
I know many BTC Maxis would disagree, but I think that to build new models, we need more than just Money or Digital Gold.
We need new financial systems, proof of identity, and proof of ownership, all on-chain.
Open, Decentralised, Private, Trustless, Permissionless, Censorship-Resisten without a central server (big brother) looking at what we do.
I'm bullish on:
DeFi on BTC
NFTs on BTC
I heard you are the guy who is helping make this a reality.
#LFGrow Stacks!
Yeah, me too, and I'm not afraid to say it out loud.
I'm bullish on:
DeFi on BTC
NFTs on BTC