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I appreciate the discussion and I respect your position even if it's counter to mine on Bitcoin Which is why I offered the books that I mentioned as English is my 2nd language and I don't have the formal education in economics (Saifedean Ammous has a PhD in Economics) Layered Money (I've only...

In the short term, Bitcoin is correlated with all risk investment assets The same types of investors are invested in the stock market, real estate, and Bitcoin Look at what happened in March 2020, Bitcoin lost half of its value in a short time during liquidity crunch But if you believe in...

You're hung up on the medium of exchange feature of money I highly suggest for you to read the following books "The Bitcoin Standard, Digital Gold and Layered Money" In the book Digital Gold, you'll learn of the story of Wences Casares, a billionaire who promised to his wife to retire but...

Global reserve asset is not the same thing as Global Reserve Currency For payment method, Bitcoin Lightning Network is instant and the transaction fees are pennies and sometimes less than a penny

Bitcoin is currently the hardest form of money in the history of the world Read the following books: The Bitcoin Standard Digital Gold Layered Money (just started on this, but so far it's great) @M.W. @Pekelo @nooby_mcnoob @RedDuke @S2007S , I do not know your financial situation, but if...

Global Reserve ASSet You didn't do any research, did you? Have you paid with gold at McDonalds or Starbucks?

Never say never Look what happened with Russia and their fiat and gold confiscated (govt gonna figure out those reserve assets are no good in times when they are actually needed) Look at what happened to Venezuela and their gold got stolen [I think Germany's gold also got "stolen" but don't...

prolly nothing... https://cointelegraph.com/news/vaneck-says-bitcoin-could-hit-4-8m-if-it-became-the-global-reserve-asset VanEck says Bitcoin could hit $4.8M if it became the global reserve asset The investment firm made a very high valuation for BTC and gold based on the extreme case that...

prolly nothing... https://bitcoinist.com/eu-voted-in-favor-of-a-crypto-wallet-crackdown-next/ EU Voted In Favor Of A Crypto Wallet Crackdown, What’s Next? by Reynaldo Marquez 13 hours ago in Crypto News Per a report from Patrick Hansen, developer at Unstoppable Finance, the European...

Bitcoin bears are "goblins" :D "...in 2017, everyone had their eyes on wall street and Goldman Sachs.... these days, no one cares"

It won't work. If a legit charity that received the millions sold at exchange for cash, probably going to go through, but when the courts send judgement to the exchange, it would be found charity sold stolen goods (crypto assets) and will have to pay back And then investigation The hacker...

They might try using some dexes, hit up Tornado cash little bit at a time and do some cross-chain trades, i.e. Thorswap ,rinse repeat over the course of some time may be possible to get a few million $ every year ,but since it's going to take a couple of hundred years, might have to share it...

I'm hoping the price of MSTR stays cheap for the next 2-3 weeks. I' want to get some Call options LEAPS on MSTR after settling our tax bill from last year

prolly nothing... Traders are shorting on FTX, but Axie hardly reacting https://www.theverge.com/2022/3/29/23001620/sky-mavis-axie-infinity-ronin-blockchain-validation-defi-hack-nft A hacker stole $625 million from the blockchain behind NFT game Axie Infinity 16 One of the largest...

Yea, I don't think it's a good idea. Anyone who owns Bitcoins can do the same thing, borrow against it to buy more Bitcoins using BlockFi, Nexo, Ledn, Celsius, and others This is not the first time that Microstrategy has borrowed (and even sold stocks) to buy more Bitcoins There's a pattern...

prolly nothing... https://www.bloomberg.com/news/articles/2022-03-29/microstrategy-borrows-against-bitcoin-holdings-to-buy-more-coins MicroStrategy Borrows Against Holdings to Buy More Bitcoin The $205 million loan is backed by $820 million of Bitcoin MacroStrategy unit loan was done...

Ca$hkari says hold my beer BOJ says hold their Japanese beers ------------------------------- ------------------------------------ BOJ offers four days unlimited bond-buying to defend yield cap...

*** Post is for entertainment purpose only Short update Bitcoin has been going up. There's an "interesting" buyer of Bitcoin which is Terra Luna (UST) Bitcoin is extremely undervalued given the current worldwide situation High inflation Global uncertainties (i.e. war) and a need for a safe...

I like your description Tether has created over 80 billion even if they blew half on yachts and mansions and the rest on hookers and blow, it doesn't seem it's going to matter since no one is redeeming them (or maybe hardly anyone) Maybe if we get a severe Bitcoin and cryptos bear market, but...