@sentnel7@NeilJacobs My man Javier is correct, but for different reasons imo. Bitcoin is divisible in quadrillions of sats. Anyone can own a sat. But, you, at least, need a smartphone, internet connection, capability to learn and guidance.
Bitcoin is for anyone, not everyone.
H/t @MrHodl
Galaxy Digital CEO Mike Novogratz 在摩根士丹利会议上表示,“加密市场比美国股市更接近底部,以太坊将保持在 1,000 美元左右,比特币将在 20,000 美元至 23,000 美元区间”。但其同时也表示,现在还未到大规模部署资本的时候,直至美联储停止加息,甚至降息的时候。(彭博社)https://t.co/DzQWHywXft
#Bitcoin to $20,000 and Ethereum to $1,000, says crash prophet and gold advocate Peter Schiff. Schiff's prediction was based on the most recent crypto sell-off following ugly US #inflation data. Inflation hedges like gold went the opposite way by rallying by more than 2.5%.
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When food is priced in the local currencies of poor countries that are not oil exporters, and food importers, prices are rising a lot more than what we see in dollars.
It was less of a rise in food prices in 2011 that kicked off the Arab Spring.
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A favorite parlor game is to ask what level year-over-year CPI will end the year at. The consensus is ~5.5%.
Note that the CPI Index HAS ALREADY increased by 4.1% this year! From December 31 (280.126) to May 31 (291.474).
This is a 10.1% annualized rate.
@CHangaard The message that Satoshi inserted into the first bitcoin block "Chancellor on Brink of Second Bailout for Banks" as a reminder of why he created bitcoin and what problem bitcoin solves: currency debasement by central banks (a.k.a inflation).