This is what #Bitcoin looks like for the citizens of Turkey, Egypt, Nigeria, Argentina, Lebanon and Pakistan.
A combined population of
725 MILLION people
Try to convince them Bitcoin is not useful. Good luck 😉
The criminal part of fiat money is that you have to earn it twice.
Fiat removes the ability to save and forces everybody to become an "investor", or more accurately, a gambler.
A masterclass from @saifedean:
One notion I always find a bit silly is that "big money" won't allocate to BTC because it's "too late" relative to other crypto assets. Needing to be super early to something to make it is not really how people allocating this type of capital think.
Think of it like this; You have two axes:
- On one hand, the longer BTC exists the more lindy effect it has garnered and the more its code base has been proven to be reliable
- On the other, you have price and market cap. The higher these things go, the more liquid and less volatile Bitcoin becomes. This makes BTC more "investable" for big money.
So yes, what I'm saying is that the longer BTC exists and the higher the price goes, over the long term this actually makes it more investable for "big money".
🎉 !!SMOLSKULL JUST TURNED 2 YEARS OLD!! 🎉
(hey, a new smol fxhash project will drop on 1 DEC to celebrate fxhash 2.0 launch, more info REALLY soon)
Post your fav smolskull here 👇🧵
#fxhash#smolskulls#tezos
@squiggleDAO https://t.co/wKglmt8g9A Minted Hyper ribbed #2483 and sold it to #artonblockchain couple days later for 9 eth. That sale somehow started the first squiggle run..
Oct 2010:
"NO WAY #Bitcoin can get to $100....
It is barely at $0.30!"
This thread will make your day... Psychology, price history, and where the value of #BTC goes from here.
🧵👇