One-stop education blog/amplifier that focuses on the new retail investor (aka n00b) in cryptocurrency and blockchain. Through network effect we resonate!
You made money if you bought Bitcoin and held it until today in 122 of the 125 months that Bitcoin has been available.
The only three months that have been unprofitable were December 2017 and January / February 2018.
Thanks Pomp for the cool stat!
Mind 🧠🤯 blown 🔥
In 2018, US taxpayers paid...
$800M to manufacture US dollars
$24M to transport them
$14M for quality assurance
$7M for counterfeit deterrence
There is still an estimated $3B counterfeit bills globally.
Bitcoin costs tax payers nothing. There are zero counterfeit bitcoins.
Kids today can't imagine a world where people used horses as daily transportation.
Kids tomorrow won't be able to imagine a world where money was backed by governments, instead of software.
Today @DeutscheBank is valued at just over $14 billion and the stock price is in a free fall.
If we could raise the capital, it would be interesting to purchase the failing bank and revive it by embracing Bitcoin.
Crazier things have happened 🔥
Bitcoin has no CEO.
It has no fancy offices.
It has no marketing department.
It raised $0 from venture capitalist.
Yet, it is worth $100 billion in just 10 years.
Bitcoin is an example of why product-market fit is the only thing that ultimately matters.