#Bitcoin. Husband & Dad. Ex-Expat. Lover of sports, adventure, friends, family, food, & drink. Give back & pay it forward. Common sense, logic, & reasoning.
"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.
@Vivek4real_ realistically Bitcoin cant be used as intended (peer to peer electronic cash system) unless taxes are completely removed and it is declared legal tender
@KrissBergTweets Well not only that but if you use a bank to “hold” your money you’re actually lending that money TO the bank so they can create more money via fractional reserve banking.
What if I told you we’re living through a depression?
The silent depression. The great debasement.
Dollars create the illusion of prosperity. Fiat lies.
#Bitcoin makes the invisible visible.
When I listened to this episode of Joe Rogan with Andreas Antonopolous in 2016 it made sense because I was new to Bitcoin.
But now in 2024 we all can see that Andreas was 100% right. This is exactly what's happening in our society right now.
The autism epidemic has now reached a scale unprecedented in human history because it affects the young. The risks and costs of this crisis are a thousand times more threatening to our country than COVID-19. Autism is preventable and it is unforgivable that we have not yet identified the underlying causes. We should have had these answers 20 years ago.
RFK Jr: “If the autism epidemic is because of better diagnostic criteria why are we not seeing it in older people?”
“Why is this only happening in young people?”
“Have you ever seen anybody our age with full blown autism.”
“Where are these people walking around the mall?”
“They're not in homes. There are no homes for them. There are no institutions for them.”
“Anybody can look around and see that this is a canard.”
“This is coming from an environmental toxin.”
“Somebody made a profit by putting that environmental toxin into our air, our water, our medicines, our food.”
“Within three weeks we're gonna announce a series of new studies to identify precisely what the environmental toxins are that are causing this.”
@MarioNawfal This will create a new digital economy that most cannot imagine. Fiat currency wont be used for transactions. I have a guess as to what will be used to transact.
Take a moment and let this sink in. This will also create a digital economy most cannot imagine. Fiat currency will not be used to transact in this digital economy. I have a guess as to what that will be.
🇺🇸 EX-GOOGLE BOSS: AI WILL REPLACE MOST PROGRAMMERS IN A YEAR—SUPERINTELLIGENCE COULD ARRIVE IN SIX
Former Google CEO, Eric Schmidt:
"We believe that in the next year, the vast majority of programmers will be replaced by AI.
Within three to five years, we’ll see AGI—systems as smart as the best humans.
And in six years, artificial superintelligence—smarter than all of us combined.
This is happening fast, and society isn’t ready."
Source: @ericschmidt@vitrupo
@TheCryptoLark Although the President can influence this especially since republicans have control of the House and Senate, realistically any purchasing for a SBR and lowering or eliminating capital gains on crypto or Bitcoin would have to go through Congress. That will take time.