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    For those who doubt Bitcoin potential as a payment currency, try this

    Not many people know that lightning is operational and offers more anonimity. When people learn that they will start to use. Then one day a big criminal group will be busted and say they used lightning to send funds. That's when politicians will get pissed and try to ban it. But the way it works...
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    David Rosenberg attacks Bitcoin then tells people to buy it

    "Comparisons to gold in this regard are baseless. No one ever talks about the risk that gold could go to zero because it simply can’t — there is a floor in its price, because it has physical properties that make it useful even outside of its primary function as a safe-haven asset. But bitcoin...
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    Any chance IB will allow buying and custody of cryptos?

    Because IB is the gateway to the world's markets. Coinbase is an arm of the US government
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    Any chance IB will allow buying and custody of cryptos?

    On the retail side Fidelity and TradeStation have done this. Goldman and others are also in https://www.coindesk.com/goldman-sachs-to-enter-crypto-market-soon-with-custody-play-source Any chance IB joins this soon? Set margin requirements at 100% (like OTC stocks), I dont mind, just allow...
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    Global Macro Trading Journal

    One reason not to own Pax Gold vs GLD is the Ether fees everytime I want to sell some/rebalance. These fees an add up and they are uncertain, unlike broker commissions. But if ETH2 delivers that will be out of the window. It will be super cheap to move ETH tokens and ETH itself around. I really...
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    Global Macro Trading Journal

    If this Pax Gold idea works out, and I dont see why it wouldn't, then the world could have Tokenized US Treasuries, Microsoft Shares, German bunds, etc etc. If that is done as a custodial solution subject to the whims of regulators, its not ideal but its already an improvement to the system. Its...
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    Global Macro Trading Journal

    Gold backed cryptocurrencies, a pretty neat idea. This is a custodial solution which is subject to government influence but so is GLD. But with crypto, at least is a lot easier to move and deal that currency. I'm looking forward to the day where I will be able to close my financial brokerage...
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    Global Macro Trading Journal

    I have priced a lot of Ethereum competitors that are worth more than $1B vs ETH to see how they are doing. The charts all look terrible, except for DOT (Polkadot) and ADA (Cardano). And DOT has been doing better than ADA long-term. I'm long DOT already and ADA is on watch if it keeps climbing...
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    For those who doubt Bitcoin potential as a payment currency, try this

    Here, I will help you. Download Wallet of Satoshi, deposit BTC. Got to Bitrefil, buy things, scan the QR code with Wallet of Satoshi. Enjoy the purchase. The end. I'm not one to bullish and technical by nature, so I added all the upsides and downsides of the process, plus the technicalities...
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    For those who doubt Bitcoin potential as a payment currency, try this

    https://en.wikipedia.org/wiki/2012%E2%80%932013_Cypriot_financial_crisis https://www.rt.com/business/cyprus-crisis-bailout-deposit-631/ "Final 'haircut': Cyprus to levy deposits by 47.5 percent " Fiat paying apps solve all problems!
  11. D

    For those who doubt Bitcoin potential as a payment currency, try this

    Yeah, tell that to the Venezuelans, Argentinians and Brazilians who lost all of their savings in the last 30 years "playing by the rules". Good luck
  12. D

    Global Macro Trading Journal

    This is from a Grayscale PDF presentation to accredited investors I downloaded I bet a lot of managers will continue to be persuaded by this and add a few percent to their portfolios. The 2/20 structure also encourages risk taking, especially when it comes with limited risk and exponential...
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    For those who doubt Bitcoin potential as a payment currency, try this

    Yes, privacy doesnt matter, money printing doesnt matter, negative rates dont matter, capital controls dont matter, fiat risk doesnt matter, centralized system risk doesnt matter, bugs in closed source systems dont matter. All problems are solved by fiat payment apps lmao
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    Global Macro Trading Journal

    https://cointelegraph.com/news/bitcoin-has-actually-only-taken-2-of-gold-market-cap-new-data-suggests This is a interesting take on the BTC market cap "Using realized cap, which calculates market cap in a different, more precise manner, the real “theft” from gold actually stands at 2%, says...
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    Global Macro Trading Journal

    Institutions are so amateurish when it comes to crypto that not only are they buying BTC 3 years after hearing about the opportunity but also they dont realize that their buying is being broadcast to the entire world All they had to do was to use several addresses to increase privacy
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    A German programmer has 2 chances to guess his IronKey password or he’ll lose $280m in Bitcoin

    If this guy didnt lose his password he would have sold it all at a small profit, got hacked or lost the drive. He is lucky to even get a chance at such a fortune
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    For those who doubt Bitcoin potential as a payment currency, try this

    You know, there are countries beyond Canada. Try sending those funds to China or Brazil... Also, it will be fun in 5-10 years when your beloved government currency starts charging you 3% negative rates and all of the sudden you realize the trap you were led into
  18. D

    For those who doubt Bitcoin potential as a payment currency, try this

    Its both a store of value and a currency. You can always keep a small amount like 0.5% of your total BTC in a hot wallet like Wallet of Satoshi/Muun for Lightning payments/purchases. Ironically, BTC Lightning is so good that when politicians/bureaucrats that are all friendly to BTC understand...
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    For those who doubt Bitcoin potential as a payment currency, try this

    Here is a big list of places that accept Lightning BTC https://lightningnetworkstores.com/ I bet most bears had no idea of most of the info I gave on this thread. They are too biased and full of overconfidence to even bother getting more information. Do your homework you dumbfucks
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    For those who doubt Bitcoin potential as a payment currency, try this

    Here is a tutorial for the Wallet of Satoshi This seems one of the easiest clients as Muun doesnt autoconvert on chain BTC to off chain BTC (lightning). They charge 0.3% for that, which would be about $1.5 for my example. I bet as lightning gets more spread cheaper methods will appear. In...
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