Yep, some people will never be convinced. But if you are talking to someone who is reasonable, they will at least entertain the question.
For this #Bitcoin cycle the best question to ask skeptics is:
“At what market cap would you concede that Bitcoin has become a global reserve currency?”
This will lead to some real cognitive dissonance in those still trying to call Bitcoin a scam but trying to come to terms with its ever increasing market cap.
There are more important things in life than being prudent.
Doing the dishes while listening to my new favorite Bitcoin podcast
nostr:npub1cxyr9w0dwkjxs7svmwjlg4veqp9uzw0qvwux0c0554lqzw5ut48qrahz6x
https://podcasts.apple.com/de/podcast/presidio-bitcoin-jam/id1804198027?i=1000707012739
Thanks for recommending!
I wonder at what point people in the Weimar Republic began to realize that it was their government that was responsible for inflation.
Because even today it seems to obvious and yet so few people get it.
Bitcoin is nondual capital
This is an excellent interview. Gundlach gets it.
You will not find me on a Boeing plane for the foreseeable future.
I just sat in a meeting with a Vanguard economist and he dropped that they will soon release a position paper on Bitcoin for the first time.
Not that any of us are surprised that they are coming around to Bitcoin, but this will still be a big deal.
As much as despise Jordan Peterson's zionism and the fact that he works for Mossad's US propaganda arm (daily wire), this was nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m at his finest and worth a watch...incredible.
💯
That’s right. If you’re only holding a relatively proportionate amount of Bitcoin in such a system, you would still have to work pretty hard to finance your lifestyle.
Realistically, however, you may have to work less hard than in a Fiat system, because you would be more incentivized to only buy and consume the things you actually need
JUST IN: Jeff Booth explains how prices will fall forever on a Bitcoin standard in the free market.
“If you own Bitcoin, you’re already part of that system.” https://blossom.primal.net/ec020470fc00f9c2afe199515d5a2517d195c928dfc6b63d97176181bbc10c28.mp4
This is not completely intellectually honest.
Of course, if Bitcoin ultimately ends up being the only currency in the world, anyone holding a disproportionate amount of it, will live in abundance for life.
However, anyone holding a proportionate amount or less, will still have to work to acquire Bitcoin to continue fund their lifestyle.
Proof of work: new PB around Hyde Park
Bill Gates is your grandpa?
“Life is not a dress rehearsal”
Any qualified opinions on Proton VPN?