There are many coinbase alternatives. What’s happening to coinbase is a strategy mistake which they are directly responsible to their shareholders. The management saw the crypto regulation coming and choose to do nothing. Now they want to fight against SEC to save “crypto”.
How it will end: SEC will win the sued, Coinbase will pay for fine.
#Bitcoin up, Coinbase down. Market has spoken.
If we want separation of money and state, first we need to have separation of #Bitcoin and shitcoins.
如果我們希望金錢與國家分離，首先我們需要將比特幣與劣質幣分離。
Drop the unnecessary regulatory hurdles on shitcoins. You can’t win. Why? Because it’s unethical to sell unregistered securities to the public. Time to embrace #Bitcoin .
My mining friend asked me about ordinals. He wants to learn more because he saw his mining fee increase by 10x. The truth is incentive matters.
Reply below what should I tell him about ordinals. Good reply get Instazap.
The Binance and SEC news is pretty much expected. This leg down is providing another good opportunity.
#Bitcoin
The market reacts negatively with 5.5% drop on the news. SEC isn’t wrong about Binance violating securities law. We still in early days thinking Bitcoin has anything to do with illegal securities aka shitcoins.
https://watcher.guru/news/sec-sues-binance-and-ceo-changpeng-zhao-for-violating-us-securities-law
The game of #Bitcoin is the game of low time preference. Those who understand this will survive. Those who don’t will end up like FTX.
I know that ordinal is a shit tech. However, I disagree with people that we should impose censorship on payment to those who want to use bitcoin onchain or Lightning to pay for their ordinal inscriptions. It’s a slippery slope for bitcoiners to think like this.
You will need #bitcoin as one of the most essential survival tools in a fiat system that’s about to collapse.
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US-China power shifts shape the future. Thriving means adaptability, neutrality, and a fresh approach. Embracing #Bitcoin will be inevitable investment decisions.
美中權力的轉變正在塑造未來。要繁榮發展，我們需要適應力、中立和全新的方法。擁抱比特幣將成為必然的投資選擇。
Checking it out.
Everything can be seized, will be seized.
凡是能被奪走的，終將被奪走。
#Bitcoin
There should be more Layer 2 or layers build on top of #Bitcoin. Lightning network shouldn’t be the only one.
😂 
People who work for a job will never understand how hard is entrepreneurship. Employees and employers have two mental realities. It’s almost like they think from different dimensions.