JUST IN: BILLIONAIRE MICHAEL SAYLOR JUST SAID #BITCOIN WILL NOT BE A "MEDIUM OF EXCHANGE"
"BTC IS CAPITAL, NOT MONEY. A BTC BACKED STABLECOIN COULD BE."
"WE NEED TO CREATE A BTC BACKED STABLECOIN THAT PAYS YIELD"
"DIGITAL CURRENCIES ARE THE WINNER OF MEDIUM OF EXCHANGE"
"THERE ARE FUNDAMENTALIST BTC OGs THAT WISH THAT WASN'T THE CASE"
"99.9% OF THE WORLD'S PRICES ARE IN USD" 👀
Unfortunately, you will not be able to depend upon normal information channels to give you an accurate and timely understanding of the decay of the nationstate.
The official inflation rate in Europe is 9.2%, which means that your purchasing power is halved every ~ 7 years.
So the state takes half of your income in taxes immediately and robs the other half through inflation over time.
#Bitcoin fixes this.
The Fiat system is pushing us toward feudalism.
Wealth continues to be more concentrated in the hands of few.
Ability to earn money is based on political allegiance.
Inflation keeps people in serfdom, unable to advance and own property.
NEW: CryptoCom to disclose cold wallet addresses and major assets balances within 24 hours.
Good. 🤝
All exchanges should do it to restore confidence.
More transparency required immediately.