Note:
Purpose of Macro Bullish is helping people understand blockchain technology, finance and ongoing developments in this space.
*While we believe that blockchain is revolutionary technology, we do NOT promote / encourage investing in crypto currencies*
Did you know-
A small USB device like @Ledger can securely hold any amount of wealth without any counter-party risk.
You can store Billions without need for a bank or any third party. Ever.
#cryptocurrency#Bitcoin
My belief in #bitcoin doesn't come from the massive gains it has given in past or the potential gains of future.
It comes from pure mathematics and computer science which can be verified through its open source code and understanding of decentralization.
Don't trust, verify.
Did you know-
A small USB device like @Ledger can securely hold any amount of wealth without any counter-party risk.
You can store Billions without need for a bank or any third party. Ever.
#cryptocurrency#Bitcoin
GM of Bank of International Settlements basically says-
'Unlike cash, #CBDC will allow us to track every transaction and allow govts to enforce how you spend your money.'
Not many understand, but this is an absolute dystopian future we are headed into.
Impossible to understand Bitcoin without understanding the history and evolution of money.
@MacroBullish has explained that well in this article.
https://t.co/ktbaUr9RW7
Impossible to understand Bitcoin without understanding the history and evolution of money.
@MacroBullish has explained that well in this article.
https://t.co/ktbaUr9RW7
Chainalysis: "Transactions involving illicit addresses represented just 0.15% of crypto tx volume in 2021". All time low. Shows bad guys moving away from crypto. Too traceable.
What % of bank transactions are illicit?
And the size of assets in banks vs crypto?
Anyone know?
On the contrary, UN data suggests that illicit trade using traditional FIAT money was over $1.6 Trillion or 2.7% of of VOLUME in 2009.
*As opposed to common belief, blockchain transactions are tracked live and every movement can be traced by everyone*
https://t.co/KHwvg99AUs
@ChahalV_ And we have got just the thing you are looking for :)
Checkout our article on history of money: Cool leopard fur pants don't come out of thin air - History of Money and where it went wrong
https://t.co/zIPSWNIp8P
That alternative was created in 2009. Its the hardest form of money. One that cannot be stopped, confiscated, sanctioned, altered, censored or devalued. It is apolitical. Its permission-less. Its P2P. Its #Bitcoin
US denied GPS access to India during Kargil war in 1999.
Then, India decided to develop its own GPS and ISRO developed NavIC.
Lesson we need to learn from Russia-Ukraine war is that India needs an Indian alternative to SWIFT payment system.
Simple explanation of how #bitcoin tractions work and how they are different that centrally controlled fiat.
#cryptocurrency#CryptoNews#btc
https://t.co/rh4eGosfX2
Custodial financial services allow governments to freeze accounts first, and then sort out who is guilty or innocent later.
Self-custodial financial services force governments to actually charge people with a crime before they can use pressure to freeze their accounts.
The same article Verge sights in this post also clarifies that illicit share of #crypto transaction volume hit ALL TIME LOW of 0.15% in 2021.
VOLUME matters.
https://t.co/okwJxyOQoD
On the contrary, UN data suggests that illicit trade using traditional FIAT money was over $1.6 Trillion or 2.7% of of VOLUME in 2009.
*As opposed to common belief, blockchain transactions are tracked live and every movement can be traced by everyone*
https://t.co/KHwvg99AUs