It's hard to express the amount of creativity and productivity that will be unlocked when we stop spending all this energy trying to take advantage of each other. Humans are absolutely incredible when they can focus on doing something rather than what other people are doing.
when nostrube?
It's not about pumping my bags. It's about prosperity of human civilization. I just happen to be long human civilization. #Bitcoin
As a ultra hard commodity money free of counterparty risk on the process of monetization, Bitcoin should behave as both a "risk on" asset that absorbs liquidity in good times as well as financial Armageddon "nothing else is safe" asset. It has only existed during a period of high liquidity and good times, until now.
If money is economic energy and energy can neither be created nor destroyed, is QE money printing or not?
It’s not enough to go around crying for freedom. There is a cost to having freedom. Freedom must be enforced by creating anti-tyranny technologies such as the printing press, the internet and bitcoin.
Bitcoin collateral is the solution to government-imposed distortions to trust between economic parties.
Using #Bitcoin as pristine long term (over)collateral is the path to reduce volatility and further monetization. Once it gets boring, builders can build. Short term leveraged speculators can go play with shitcoins.
I used to think that the US banning bitcoin would send it into a nuclear winter, now I’m starting to feel that it would be super bullish for anyone in the global south. The amount of capital flight from US to the global south, innovation and development in the regions that need it the most is hard to fathom.
No one is being prevented from trading bitcoin into anything, people are being prevented from trading fiat into bitcoin.
#bitcoin não é dinheiro, não é reserva de valor, falhou em ter qualquer utilidade e deveria ser probido, mas não deixe de pagar imposto sobre o seu #bitcoin.
Se o seu governo dificulta investir fora da jurisdição dele, nenhum investimento dentro da jurisdição dele pode ser bom.
Se o seu governo dificulta investir fora da jurisdição dele, nenhum investimento dentro da jurisdição dele pode ser bom.
Stay solvent, run banks
So... Is this how "suddenly" feels?