Cyber criminals bribed and recruited rogue overseas support agents to pull personal data on <1% of Coinbase MTUs. No passwords, private keys, or funds were exposed. Prime accounts are untouched. We will reimburse impacted customers. More here: https://t.co/TUULYI5mWK
The reason Bitcoin is flying under the radar still is because most people reason by analogy rather than first principles.
There’s never been something like Bitcoin before so you simply can’t understand it by reasoning through analogy.
We went from “bitcoin will never win, it’s going to fail” to “bitcoin is winning too much, it’s going to fail”.
The vibe shift is real. Hyperbitcoinization is real. The information asymmetry is compounded by logic asymmetry. We are so early.
Do you know why Ireland can afford to behave this way? Because it has insanely low capital taxes and insanely low corporate income taxes. The result is that investments can and *do* flow to Ireland. As I keep saying, rulers are far more sensitive to capital flows than goods flows. The best way to assert a nation's sovereignty is to have policies that promote growth notably by attracting capital, people and goods. Counter-tariffs are the tools of those who never cease to underwhelm.
BREAKING: As other nations embrace #Bitcoin, the European Union fears losing control over its money printing power! 🇪🇺
Eurocrats just had their ‘oh sh*t’ moment with game theory. Absolute fiat clown show. 🤡
.@saylor revealed his latest Strategy to acquire more BTC
The potential scale? +262,500 BTC and +52% BTC yield
THREAD breaking down what it means for #Bitcoin, $MSTR, and $STRK ...
Pay my tariffs in Bitcoin.
If the US wants to grow its Bitcoin stockpile and prevent trade surplus nations from weakening their currencies, all while re-shoring American manufacturing...
They should demand tariff payments in Bitcoin.
Talk about "budget neutral!"
Other countries would be filling the US Strategic Bitcoin Reserve to the brim.
Surplus nations like China would be forced to buy Bitcoin at the current market rate to pay US tariffs.
Which removes the incentive to weaken their currency to gain a trade advantage, since a weaker currency simply buys less Bitcoin.
Plus the US dollar would lose some of the structural demand that keeps it perpetually propped up and prevents the US manufacturing sector from competing on price.
But it wouldn't totally collapse since the US would suddenly have a strong balance sheet due to holding the most Bitcoin.
It's been obvious for a while that the world needs to move to a neutral settlement asset to reduce the massive trade imbalances that have hollowed out the United States industrial base.
And we are now a couple moves away from Bitcoin being at the very center of the new monetary world order.