When #platforms - race , religion , nation or a corporation - try to control ; humans develop #protocols .
Written language was such first #proltocol. No one could stop anyone from learning or writing #Sanskrit…»
Bitcoiners are good at explaing what everyone knows - #gold was best money ..
They fail miserably on how #bitcoin actually works - they start talking alien languages ! #SHA256 !……»
News lags the price movement ..
Many times you see a stock bucking the trend .. or a sudden gain .. or a loss .. and there is absolutely no news .. why ?
Then you…»
A true store of value does only one thing - it stores value - no reduction or increase in purchasing power ..
As of now #bitcoin is NOT a store of value because…»
This becomes even more interesting when you consider that MSTR has done nothing to monetize its stash of #bitcoin thus far .. ..whereas NVDA is already killed the hype hen ..
Comparison…»
Is it a coincidence that global #gold stockpile, as of 2024 , is around 19 million kilos - roughly around the supply of #bitcoin s ?
And the price of one kilo gold…»
You can't like #bitcoin if your plan is to undermine #gold ..
Because Bitcoin is NOT digital gold .. it is literally gold for the digital universe(s)
Digital gold…»
#gold = 77 K
#bitcoin = 68 K
If ETFs marked the corporate participation , #Nashville marked the political participation - 11 senators , two presidential candidates and One Mr Saylor :-) ..
... but nothing moves the…»
Tether #Gold is a representation of physical gold ..
#bitcoin is digital gold !
There is no one to one peg .. no wrapper coin BS .. not ever direct convertibility between gold and…»
It is hard to understand bitcoin till we start appreciating the properties of #gold !
permission less
censor resistant
portable
These three made gold the apex asset of physical world .. and…»
bitcoiners have explained to the world why #gold was important ... and they have scared them enough to buy it again :-) ... An advocacy gone tangent ..……»
#Bitcoin was designed in fundamental characteristics of #gold
According to Szabo, he was specifically focused on the double spend problem: "I was trying to mimic as closely as possible…»