Bitcoin is crypto-anarchy,
And anarchy is true Christian faith.
Pure Christian faith is anarchistic.
Church pay no tax. Christians should pay no tax.
#Bitcoin
@Breedlove22@benmezrich The thing we call money is just an information system for labor allocation.
What actually matters is making goods & providing services.
We should look at currencies from an information theory standpoint.
Whichever has least error & latency will win.
How will you eventually sell your bitcoin bag @michael_saylor
Central bankers are creating their own coins these days. BTC soon not numba 1.
I sold mine on Jan 3rd, about 6000 BTC, made a pretty penny.
https://t.co/I56ogxBdLW
#Bitcoin is an open, fair, & equitable monetary network. It improves as new members contribute their human & financial capital, just like every country, state, city, agency, company, club, church, party, union, cooperative, association, school, institution, ideology, & culture.
Yap I'ma buy GOLD BARZ with my 200 mil USD...
BTC is done TBH.
Peter e-gold, LR, e-bullion etc.... their lives were like 10 years each. Then They Dunn! Poof
@michael_saylor
https://t.co/S744VQwj1a
Bitcoin traded near $42K on Friday and near $30K on Monday. An asset that drops 28% over a weekend is not a safe-haven, a store of value, or a viable hedge against #inflation. If you want to gamble on #Bitcoin, buy Bitcoin. But if you want to hedge against inflation buy #gold.
I sold 6,000 BTC on Jan 3, 2021. @michael_saylor
I got ~195 million USD for it.
It cost me 130 USD in high school 10+ years ago.
Good game well played fellas...
Did not sell at peak tho =(
https://t.co/Ql7B16uRHT
Bitcoin proponents claim that #Bitcoin represents the greatest transfer of wealth in history. I partially agree. Not sure it's the greatest but a large wealth transfer is taking place. But the wealth is being transferred from the people who buy Bitcoin to the people who sell it.
Bitcoin is up 4x in 2020, and most HODLers expect the rise to continue in 2021. But that's what they thought at the end of 2017 as Bitcoin finished the year with a 14x gain. But 2018 was #Bitcoin bear market, as its price fell by 70%. What if history repeats? What if it's worse?
@adimugri Bitcoin does not have to be a corporation to be a security. It's does not need any officers. All the SEC has to allege is that people buy #Bitcoin in anticipate of selling it for a profit, and that others profit from their efforts to help generate profits for all Bitcoin owners.
#Ripple just ripped below 20 cents. It traded above 60 cents earlier this month. Almost 70% of its market cap gets erased in less than a month based solely on the SEC's allegation that it's a security. What happens to the price of #Bitcoin if the SEC alleges that it's a security?
FIAT is about getting people to spend
Gold is about hoarding
BTC is about hoarding
No FIAT = no economy, nobody making trades. People don't pay their groceries with BTC
More assets than BTC to hoard to avoid inflation
https://t.co/AsY87gqY44
According to Max Keiser I oppose Bitcoin because I'm a fiat addict. In the bizarro world of Bitcoin #gold is the new fiat. Clearly @maxkeiser doesn't understand the concept of fiat, or how it differs from legitimate currency or actual money. That explains his #Bitcoin fixation.
Bitcoin is a stablecoin.
It's protocol and monetary policy is stable.
The fluctuating price represents the ebbs and flows of the world discovering Bitcoin's value.
IMO BTC was the greatest rally of our lifetime...
I am cashing out 6000 BTC on Jan 2, 2021
That I bought for $130.
Whoever buys my bags -- GL getting a decent return on it... at $27,000 buying BTC as an investment is...
https://t.co/Ynuq6SQVMc
Bitcoin is hitting new record highs, as its dominance of total crypto market cap rises to 69.3%. It hasn't been above 70% since Mar. of 2017. As regulators target altcoins, speculators are taking cover in Bitcoin. Not for long as #Bitcoin will eventually be in the crosshairs too.
Ponzi scheme bitcoin... high fees... dark net markets... cybercriminality, ransomware.. deflationary scheme.
Won't Last 4-Eva. Lots of systemic risks (outside of technology, i.e. legal... etc...)
https://t.co/xKWcAPvIT0
#Bitcoin promoters have incorporated Hans Christian Andersen into their sales pitch. As with the Emperor's clothes only very intelligent people can see Bitcoin's value. By pretending to see it people can show how smart they are. Those who refuse to pretend are too dumb to get it.