Bitcoin is going to be the #1 asset by market cap in existence on planet earth.
It becomes clearer with every asset that it flips. The target is clear: we dethrone gold.
Pleased to announce that I'll be a keynote speaker at the 4th Annual Economic Crime & Compliance Symposium! It'll be a day of discussions on AML/CFT, sanctions, tax evasion, and more. 🇯🇪
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This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy.
Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy
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DEGENS, our time has come!
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Unpopular but true: Bitcoin is the most significant monetary advance since the creation of coinage.
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
Bitcoin's hash rate hit an all time high 500 exahashes/s this month.
To highlight the enormity of this number:
- For every star in our galaxy, the Bitcoin network is calculating 5 billion computations per second.
- It would take ~2000 years for the entire global population, each performing one hash/second, to match the Bitcoin network's hash rate.
- The Bitcoin network performs ~67 times more hashes per second than there are grains of sand on Earth.
- By number of raw operations/second, Bitcoin is ~500x more performant than the world's most powerful supercomputer.
Yet, there are skeptics out there that still believe "bitcoin is backed by nothing".