Seems like a lot of people supposedly advocating for free markets don't understand what voluntary association means, nor the role that discretion with private property plays in an open and free society.
“Bitcoin — and crypto more generally — is about the rights of the individual and about the technological protection of civil liberties.”
https://t.co/faqXmWh8z1
Custody is good for assets you can't protect yourself.
Dividing cash in three piles doesn't make any part safer.
Distributing wallets in multisig however does all the magic without needing a bank.
Don't give your crypto to "permissioned vaults".
cc re trust @Melt_Dem
Gold is a position you can hold if you expect your domestic fiat currency may go through debasement. Gold was worth $38.90 in 1970 and $800 in 1980. A 35% annual return for the 10 years it was held. I can pick random dates in history too.
1/ Some thoughts on how a US fiscal crisis may play out and how crypto does in response. In short, deflation likely a greater risk than hyperinflation. Still positive for crypto longer term though a bearish event for all financial assets, save gold.
So after playing with my @CasaHODL node for a while I’ve decided that @lightning is the #BTC equivalent of #gold certificates. You knew that you could redeem them for gold “deposited in the treasury” but gold is faster and easier to use as certificates. @lopp@starkness@RayDalio
In the 80s, people thought that the proliferation of computers would lead to everybody learning how to program. It didn't. Similarly, I don't think that the proliferation of Bitcoin will make everybody sound money maximalists.
It just needs to be *better*.
Like I've been saying. In case there was any doubt. #Crypto#XRPcommunity
"This Cambrian explosion of cryptoassets may precipitate one of the greatest reorganizations of wealth and transformations of the global economy in our history."
https://t.co/CnZPEQmOhs
For newcomers to cryptocurrency that feel it may be too late, that couldn’t be further from the truth. There are many new platforms emerging with big potential that have very few people spending the time to really understand them. Augur is one of them.
State of Blockchain Q3 2018: summary of key trends, data and events in Q3 2018 (slides included) via @CoinDesk - https://t.co/Y6EWYm3XK3 #Blockchain#Cryptocurrency
"When you over position you get the reaction of others who have seen these claims before and say either this is fraud or whatever #WarrenBuffet said." @elerianm#ConsensusInvest https://t.co/AjIfbQNfMz