Visualize a tiny metal rod in the palm of your hand, just one micron long. Scale it 1000X, it’s a millimeter. Another 1000X, it’s a solid meter.
But just one more 10X and it breaks through the walls. Your surroundings weren’t built for something that strong, growing that fast.
@aravind We live in a debt based world economy. There is no ‘funds’ around the world that is different from this debt.
All countries currently hold reserves of US debt.
The only way out is to replace/back the USD system with a collateral like gold or BTC that has no counterparty
in 2100, Koreans will be remembered as a quasi-mythical people who emerged from a period of violent division, made TVs 96,000% cheaper and then inexplicably vanished
We've decided to transfer a big chunk of our #Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory.
You can call it our first #Bitcoin piggy bank 🇸🇻
It's not much, but it's honest work 😂
More wild stats: $IBIT makes up 0.2% of BlackRock's ETF lineup but has accounted for 42% of its net flows this year. $FBTC makes up 2% of Fidelity's ETF lineup but has accounted for 64% of its net ETF flows this year.
Former U.S. President is saying that #Bitcoin is like “everyone walking around with a Swiss bank in their pocket.”
He said that in a concerning context… but it’s exactly the point of Bitcoin and this is perfectly illustrated. Game on!
https://t.co/NaBMhc6X3B
“With legal tender, they scam you with the inflationary tax… #Bitcoin is the natural reaction against central bank scammers; to make money private again.” - Javier Milei, President of Argentina 🇦🇷🇦🇷
Can we interest you in some Treasury bonds? We’re currently financing two wars and need some liquidity.
Don’t worry about them losing their value, we’re backing them with the U.S. military.