@jasonrileywsj I don't remember the last time I read a book so quickly, enjoyed it so thoroughly, or came away with a longer list of follow-up reading. Thank you for a succinct and thoughtful introduction to such a massive body of work, tied so elegantly to current events.
The political left has never understood that, if you give the government enough power to create "social justice," you have given it enough power to create despotism. Millions of people around the world have paid with their lives for overlooking that simple fact.
Longrun BTC Tailwinds:
- $200T in global debt
- It's better gold
- Socialist politics
- Governments competing
- Inevitable fiat crises
- Arc of digital vs physical
- Internet needs a native currency
- Human desire for freedom
Note: Bill Harris came to PayPal via merger with Xdotcom (an online bank) in 2000, and left 2 months later because he didn't see a future in the payments business: https://t.co/S6CHbR5AGz
Very excited to present at NSN Conference on Friday - 9:30 and 1:30. If you're there check out my sessions on creating powerful presentations to accompany your sales pitch and how to avoid common pitfalls! #NSN2k18@NSNHQ
Dan basically introduced the velocity concept here. Years and years and years before pundits started pretending they invented the "problem of velocity"
https://t.co/AsNWGQTPik
Holding following views simultaneously:
1) >95% of cryptoassets are massively overvalued
2) 1% are massively undervalued
3) Asset class as a whole is massively undervalued due to #2
4) Many projects/raises are sickening & ethically suspect
5) Gov should not step in to "fix" it
We're thrilled to be a data partner to Bloomberg and Galaxy for their new cryptoasset index! Not bad for a six month old project :)
Much more to come! https://t.co/fMHlKbTmQL
Crypto must be ruining young investors for their future traditional-markets investing. Consistently measuring returns in "x" is a once-in-lifetime thing. Major mindset shift required.
Fellow Bitcoiners, are you ever going to realize how problematic these fees are getting? Avg fees now over $40 per tx. A year ago avg fee was $4. A year prior, $0.40. Growing faster than price, and exponentially with usage. We just spent $4800 to move 15 BTC in one TX.
New updates to the investor resources page:
- Added Token Data (https://t.co/ACcbvzbQTi)
- Added Bitwise Hold 10 (https://t.co/L9NcZ8jAxa)
- Added Onchainfx (https://t.co/Je2QxGd0rP)
https://t.co/kwHrbthd5d