Satoshi built a viral loop into Bitcoin's protocol:
โAs the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value.โ
Money is a belief system.
Fiat asks you to trust humans that determine monetary policy decisions.
Bitcoin asks you to trust a transparent software system that determines monetary policy decisions.
The question is simple โ do you trust the humans over the software?
This week in crypto:
1. Binance will launch stablecoins
2. Justin Sun wins lunch w/ Buffett
3. SL Benfica now accepts Bitcoin
4. OKCoin launches in Europe
5. Samourai Wallet raises money
6. Bitcoin still not dead :)
We are slowly but surely building the future ๐ฅ
My friends in the Hollywood inside tell me that a new movie is coming out about the Cryptocurrency crash last month. It will star Jodi Foster and Anthony Hopkins. The title, they tell me, will be "Silence of the Lambos"