@italivar Ég held að það sé öfgar að kenna sauðkindinni um, en ég veit ekki meir, þekki ekki baksöguna þarna.
Kindur geta ollið skaða á ungum trjám, ekki stærri og eldri. Úrgangurinn getur virkað sem áburður til að græða upp land.
Fyrir mér eru of miklir öfgar í umræðunni
@italivar Sáð meira hinum megin kannski?
Gæti landfræðin spilað inní?
Eins og þegar það er þurrt öðrum megin við fjall en votlendi hinum megin, vegna þess að rakin í lofti/rigning klárar sig áður en rakin nær yfir?. Magnað fyrirbæri, en mér sýnist vanta víðara sýnishorn á myndina
@EnviroEngine@DividendBreeder@McDonaghTech No suprises = The economic world on a Bitcoin standard is completely predictable, not super complicated like todays (fiat) market.
Just adding perspective even though you said it.
BlackRock and Fidelity have both accumulated over $1 Billion worth of #Bitcoin in one week.
You think they worked this hard for a spot ETF just to watch it fail?
No.
They're here to pump this thing to the exosphere and siphon off juicy fees for decades to come.
But if you're feeling terribly bearish, I get it. It's ok.
Just do me a favor:
Go look into the mirror and tell the spineless salad hands looking back at you to dump all their BTC right now.
Buy some safe government bonds and get in line for UBI and bug-burger vouchers while you're at it.
Everyone else: Your long-term vision, patience, and courage will be rewarded as always.
"The bursting of the Bitcoin bubble"
- The Economist, October 2011
People have been calling Bitcoin a bubble since it was worth $30 in 2011.
12 years later it's worth $30,000.
If you're still calling it a bubble or a fad, maybe now is the time to ask why you've been wrong so far.
Ignore the price for a moment. What is Bitcoin actually?
It's the solution to a global problem: How to store wealth long-term without the risk of debasement and seizure.
It's is a technological breakthrough.
Teslas are engineered to be the best car.
iPhones are engineered to be the best mobile device.
Bitcoin is engineered to be the best store of wealth.
Do you think investing in tech stocks is normal but investing in a technology that addresses one of the biggest problem on earth (storing value) is dumb? 🤔
The majority of people are storing their wealth in assets that leak value to inflation or debasement over time and are liable to seizure by increasingly capricious governments.
Sovereign debt, equities, real estate, gold, fine art... They are all imperfect stores of wealth, but they were the best we had until Bitcoin.
"But Bitcoin has no intrinsic value!"
Here's why Bitcoin is valuable:
It's Finite: There are only 21 million coins. There's no central banker who can debase your wealth.
It's Divisible: you can buy / sell $0.10 worth, or $10 Billion worth.
It Can't Be Seized: It can't be physically taken from you. There are ways to store it so that no external party can take it from you. You have full control over your property. Do you know anything else like that?
It's Supply Inelastic: Unlike almost everything else on earth, as the price of Bitcoin rises, there's no way to make more of it. That prevents the price from falling due to a sudden supply glut.
It's Portable: You can move anywhere in the world and have access to your Bitcoin without permission. It weighs nothing and you can move across borders without anyone knowing you own it.
It's Free From Counter-party Risk: The entire financial system could melt down around you. JP Morgan could go bankrupt. And you could still have your coins without needing to be bailed out by anyone.
It's Globally Accessible: Storing wealth is a global problem. And Bitcoin isn't jurisdiction specific. No one gets special treatment - it's a fair protocol available to all.
No other asset on earth has these combined characteristics. It had to be invented.
#Bitcoin was engineered as the ideal store of value.
It has gained more since March 2020 than the S&P500 has gained since the bottom of 2009.
It's not just some widget that anonymous people like me are hallucinating over.
Now that Blackrock, Fidelity, Deutsche Bank, Crédit Agricole, Citadel, and other large institutions are about to offer it to their clients you can either dig your heels in and say that they're just getting in on the scam, or you can try to understand why 70% of supply hasn't been sold in over a year despite large volatility.
Why are Billionaires stacking Bitcoin?
Why is famous trader Paul Tudor Jones saying he's "never sat on a horse as long as he's sat on Bitcoin?"
Are we all morons? I certainly don't feel like a moron watching investments 10x over a 4 year period.
The time to ask questions with an open mind is running out. The institutions are coming. And the fiat wave won't be far behind them.
The window of opportunity on the most obvious investment of our generation is closing.
You'll still benefit by stacking BTC at $300K a coin.
But you'll hate yourself for ignoring this tweet.