#ProofofWork #PoW
In an inflationary fiat system, inflation has more value than “money” and can be used as currency. But in a Bitcoin world, information is information and, money is a store of value.
Damn…. If it wasn’t #MarchOffTwitter….
It’s just the same recycled garbage from 2019…. YouTube influencers have to generate a certain amount of hype to stay relevant, in the bear.
There is no one in the world that understands clickbait better than a professional YouTuber.
Probably not. Maybe a /USD price pump. Newbs tend to leave it on the exchange, not to mention they have to keep it there until the ACH clears on the backend. I also think anyone who buys bitcoin because of 50bps, already has their bitcoin custody figured out. On chain action probably won’t be particularly remarkable.
Remember, there are no hero’s in bitcoin.
If they debase all fiat currency equally, the perception is not the debasement of a currency but rather rising prices as the USD/EUR exchange rate stays the same. They pit the consumers against their own providers while convincing the consumer the bank is the only one they can absolutely trust. It's really quite brilliant, in a totally perverted way.
Wall Street created trillions of dollars out of nothing and the Fed just said, "Yep, that's all real."
In the end, inflation rages, Pow gets to save face on the pivot and most importantly, there's no global panic and the Bitcoin revolution will remain non-violent.
That’s QE forever! It’s happening…!!!
The structure is a little close to the structure of a tradfi bank to be comfortable. But if we use them as escrow accounts and I don’t start the work until the contract is funded…
It would also provide a downstream level of quality control for the companies that provide the materials.
I want to use them as escrow contracts to ensure contractors never get screwed again.
You can’t zap ETH…
Nostrians are maxi’s.
It’s on the three dots.
With 1/10th the gravity of earth, we probably will land softly on the moon.
@lightningkoffee is the bitcoin of coffee!