@rogerkver@saylor@jack@elonmusk@PeterSchiff@KimDotcom Interesting question. Satoshi had solved scaling. He stated so himself. Whom did he share the open source proof of concept code with? The fact that itβs never been released hides a major truth to what happened to Bitcoin.
An Important Lesson
Money originated in the marketplace as a medium of exchange. Governments, sooner or later, love to take it over, monopolize it, and then debase it to accommodate their thirst to spend. Prices soar, savings erode and economies fall apart in the chaos.
@adam3us@zooko The math is simple. If only a few projects successfully change the world by redefining the way value transfer is done, then the actual wild west is perfectly legitimate. This is true for any other industry in its early days.
The ten public companies holding the most bitcoin on their balance sheet hold nearly 200,000 BTC total.
#Microstrategy, led by @MichaelSaylor, holds more bitcoin than any other public company.
#Bitcoin#Billionaires
Not including Satoshi, three bitcoin addresses contain more than 100,000 bitcoin each. The three addresses with the most bitcoin belong to Binance, Bitfinex, and another address, whose identity is unknown.
Nevin Freeman (@nnevvinn) from Reserve (@reserveprotocol) talks about the dangers of algorithmic stablecoins like Terra and Celo at @laBITconf. $RSR $RSV
First though I will point out that IMO $LUNA will keep pumping until its investors and users become aware of the fundamental issues. At that point collapse will be sudden, similar to the image below. Both $UST and $LUNA will go to 0. Might take a while though.
Governments around the world have unintentionally created the perfect environment for #PaymentCoin $POD to proliferate and thrive. It is unstoppable. #crypto#cryptocurrencies#Bitcoin