@CsTominaga I do think that the collective mind has โlockedโ onto Bitcoin and its value is in the collective minds โlockโ to it. There is very little time for something else to gain the same space now.
@CsTominaga The real value of Bitcoin is as a "Source of reality." In a world of fake news, fake social profiles & fake everything, no one knows what is true any more. And this is going to get much, much worse as AI generated, & targeted, propaganda infiltrates our individual realities
@CsTominaga So, however much BTC grows, however much of a store of energy, or reality, it becomes, it is destined (IMO) to end up hopping though a series of small implosions, each of which getting wilder and wilder, until in the end it collapses in a race to the bottom.
@CsTominaga Because of its limited supply, Bitcoin can only result in the rich getting richer, and the poor becoming poorer, as they are stripped of value by orchestrated market pumps and dumps.
@CsTominaga Buying at $86 was great, but buying at $60,000 is still a bargain if you need to maintain some sort of reality in this crazy world.
However, and this is important.
@CsTominaga So what can a person be sure of? Only one thing perhaps - BTC has a max supply of 21m coins. This simple "Source of Reality" will see Bitcoin grow to millions of $ per coin over the next few years, simply bc Humans & Machines will need BTC to gain consensus on reality itself.
@CsTominaga Every day we are subjected to an ever more sophisticated, ever more personalised barrages of fake news. Discernment is almost impossible anymore. The narrative is controlled.
@elonmusk I am 100% with @elonmusk, free speech & against the principal of government overreach. Verifying identity is not an easy nut to crack but, like it or not, the blue check mark is assumed to be a symbol of true verification. Alas this is not the case. Ask me. Iโll send examples
@elonmusk The problem is that blue check marks are not 100 per cent genuine. In this respect the EUs statement is true. I have at least 50 examples of scam accounts with blue checks. Someone is selling them internally.
This is surreal.
The leading Presidential candidate is explicitly saying he will make America the leader in bitcoin & crypto, while supporting the right to self-custody.
All the critics were wrong. The government wonโt ban it, theyโre embracing it.
When speaking to the guys in India I was blown away by the simplicity of the double voter solution they have implemented in their election process.
After voting everyone has their finger dyed red and therefore cannot re-vote because the dye canโt come off for a few days.
Physical and digital universes collided yesterday. 36 leaders in our growing collaborative ecosystem met to discuss "the future of the reward industry." Thanks to everyone who participated Together we're building "Critical Reward Programme Infrastructure on a Planetary Scale.
The most important distinction between price and value is the fact that price is arbitrary and value is fundamental.
In the crypto world 95 per cent of the market is focussed on price. Make sure you focus on long term value.
One of Warren Buffettโs most famous quotes (via Benjamin Graham) is, โPrice is what you pay; value is what you get.โ
Itโs an idea that largely guides his investment decisions and one that he has used to achieve an unparalleled level of success.
โฆ.