Time to revisit first principles of #bitcoin :
- #Bitcoin not crypto
- Not your keys not your cheese
- Don't trust, verify
- Save, don't trade
- DCA
- Shitcoins are a scam
- Influencers are scammers
- No debt
- HODL and chill
- Stay humble
WAGMI with #bitcoin
@elonmusk On our current fiscal path, there is a 100% chance of a US bankruptcy with enough time.
We are borrowing at the expense of future generations.
Ending deficit spending will benefit ALL Americans in the long run.
In 2021, Charles Hoskinson unilaterally used his genesis keys to REWRITE the Cardano ledger and take control of ₳318m ($619m)
By comparison, when the DAO hack happened in 2016, the Ethereum community forked over $60m.
One of the largest ledger reorgs in blockchain history: 🧵
Ironically, Charles recently emphasized needing community input for scaling solutions, citing the importance of governance.
Yet, when ₳318M was at stake, he acted unilaterally via genesis keys to alter the ledger and control these funds.
Interesting.
BREAKING: The US Consumer Sentiment Index fell 6.2 points to 50.8 in April, the second-lowest on record.
This was only above the 50.0 points recorded in June 2022 when inflation was at 9.1%, the highest since 1981.
This also marks the 4th-consecutive monthly decline for a total of 23.2 points, or 31%.
Current conditions fell 7.3 points, to 56.5, the lowest since June 2022 and the second-lowest in history.
Consumer expectations fell 5.4 points, to 47.2, the second-lowest since May 1980.
Consumer sentiment is at crisis levels.