Career underwriter tradfi payments/merchant svcs/credit card processing. BTC = future of digital pymts. Here to understand the transition, ask questions
If something feels “off” in the world, especially post-2020 - take 40 minutes of your life to understand ‘What’s The Problem?’
h/t @satsvsfiat - thank you for this incredible information, we will be sharing it far and wide
#bitcoin
Introducing: “What’s The Problem?”
Let’s help *everyone* get to the starting line.
Accessible to all, the story of Fiatello and the Big Red Button is something we can all send *before* the first Bitcoin book / podcast / video.
Please share it with everyone you care about (link below).
Thank you Bitcoin 🧡
@satmojoe
@TXMCtrades@InvestInYou21mm 3D chess - creates conflicting info, muddies the water. Satoshi had great foresight in other areas so why not anonymity preservation too
@p_ferragu Sir, your profile says ‘commenting on technology�� . Bitcoin is one of the most important new technologies of the 21st century and you haven’t heard ANY other compelling arguments?…
Technology is supposed to be your thing…It’s clear your alpha is not alpha
@NSmolenski Everyone is so impatient when it comes to MOE. Straightforward order of operations mismatch, surprised more cant see this
SOV comes first, people hold til price stops ripping, volatility dampens and CAGR gets lower, MOE follows. Large scale MOE can’t happen before mass adoption
@SantiagoAuFund@myMizBiz Potentially worse than hyperinflation for dollar holders, depending on the type of reset (most will not be positioned). A bomb going off vs a fire they can see grow and run from. Bleak
@SantiagoAuFund Hyperinflation happens in countries with massive institutional breakdowns, uncontrolled money printing, and collapse of trust. You seriously think this won’t happen in the US over time? 🤷♂️
One of the most oversimplified and incorrect concepts is that something moving up in price should be doing so on a lot of volume.
The opposite is more often than not true. You want maximum impact for minimal effort, an indication of little supply.
When you see a ton of volume you just found a bunch of two way trade and willing sellers.
And for example, the current global financial order that has been in place since 1971 is only about 1.5x as old as I am.
We just kind of view this as "how it works now and forever" but in reality it's a five-decade experiment so far.
@cjasonmaier I read your book and loved it. Been recommending it to my lefty friends! You’re doing awesome work, you’re on team Orange and that’s all that matters
@DariusDale42 You’re not wrong. But government misallocation of capital - cronyism/favoritism - it’s all just a symptom of the entanglement of government & money
Absolute power corrupts absolutely. The temptation is too great. The only solution it separation of money and state
Introducing: “What’s The Problem?”
Let’s help *everyone* get to the starting line.
Accessible to all, the story of Fiatello and the Big Red Button is something we can all send *before* the first Bitcoin book / podcast / video.
Please share it with everyone you care about (link below).
Thank you Bitcoin 🧡
@satmojoe