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GuthrieFi
496dd3604f1065c6a5e27e5af91b25dc83fe01da419f0b01d83d21fc3a2fc660
Head of Product at wisdomtreeprime.com
Replying to Avatar Carl B Menger

BREAKING: Rishi Sunak, Prime minister of the UK, says 100% of women do not have a penis.

#Bitcoin won’t fix this.

https://www.independent.co.uk/news/uk/politics/rishi-sunak-transgender-penis-b2319675.html

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GuthrieFi 2y ago

Is it the lack on penis you're trying to fix?

Replying to Avatar Harry Duncan

Coin clipping, no ?
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GuthrieFi 2y ago

I always think of coin chipping as what individuals did to extract gold out of the coins (its why coins have created edges)

Rome straight up melted the coins down and mixed in 50% copper and othe common metals to double the supply

Replying to Avatar Harry Duncan

Bitcoin: the first undebasable money.

History shows humans have always found a way to debase or dilute the money of the day: finding more cowrie shells, more rai stones, more glass beads, clipping coins, mining more gold, melting non-monetary gold, paper printing, plus many more examples.

Bitcoin is a monumental, civilisational milestone because, for the first time in human history, it credibly enforces an undebasable money supply. In other words, an absolutely scarce money supply.

Debase the money = Debase the people

Undebasable money = Undebasable people.
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GuthrieFi 2y ago

You're missing the best example- look up how romans did it

Replying to Avatar LukeMikic21

1,000,000 Bitcoin  has left the exchanges since Mar 2020, leaving only 2.3M, or 11% of the BTC supply for sale🚨

What happens if this trend continues, and there's 0 Bitcoin on exchanges in 2028?🤔

NOBODY IS BULLISH ENOUGH
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GuthrieFi 2y ago

You don't want an asset with no price discovery... doesn't need to be a usd market but it needs to be traded vs something or it's just a collectable

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