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Financial companies & central banks have weak cybersecurity & antiquated infrastructure.
Most people do not understand the value that comes from having no central third party, holding their own private keys & running a full-node:
#Bitcoin is THE financial backup of last resort.
“It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.” — Satoshi
Bitcoin "could be an explosion someday... It would make the Big Tech explosion look like baby stuff." — Trump
Got #Bitcoin?
Let me be clear:
1) Nov98K & Dec135K miss = FLOOR MODEL FAIL
2) Dec100K miss: I have said earlier that if BTC<$100K Dec2021, then S2F is “off the rails” “invalidated” “dead”. Tbh that was an ill attempt to clarify “$100K average this cycle” & regression analysis. S2F MODEL INTACT
@100trillionUSD FASCINATING how diff this bull mkt is vs pvs ones, which saw blowoff tops by this pt in cycle. All the leverage is key reason IMHO—buyers substituting unbacked claims to #bitcoin for real thing, which suppresses price. Model shows how cheap #BTC is vs true price. When squeeze?🤔
Yes, it is an important question as to exactly *how* to build a decentralized platform that protects free speech against corporate censorship. Web3, BTC-only, or tokenless?
But note that consensus has shifted! A critical mass of the right people now *agree* this is a problem.
Easter eggs like this are all over the inside of #Bitcoin. And, it is likely, that some of the best have still not been discovered or discussed publicly.
The Impervious Browser: Your Portal to the P2P Internet
Zoom, without Zoom.
Google Docs, without Google.
Medium, without Medium.
WhatsApp, without WhatsApp.
Payments, without banks.
Identity, without the state.
All without centralized intermediaries 😈🔥🚀
#Bitcoin@lightning