@cz_binance#Bitcoin is the first decentralized, universally available asset on an open monetary network.That means that at any given time, someone, somewhere is working to add value using all the financial & technical assets at their disposal to the benefit of all the other bitcoin holders.
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@steve_hanke Rockets that reach escape velocity orbit forever. In fact, the primary reason we invented rockets is to place objects in orbit. #Bitcoin is not coming back to earth.
@wclemente This is a topic that calls for a much higher bandwidth dialog than can be achieved via tweets. Maybe in our next podcast we can discuss because there are many variables & frames of reference to consider, & volatility will evolve over time depending on various political dynamics.
@wclemente I don't expect that. I do expect #Bitcoin to progressively advance to become the primary monetary index in the world as it demonetizes gold, silver, real estate, bonds, equity, etc. As it becomes a greater portion of the world economy, its volatility & growth rate will decrease.
@wclemente#Bitcoin volatility is going to decrease as institutional adoption continues. The current volatility is a function narrow distribution, excessive leverage, exposure to other crypto assets, and asymmetric tax, accounting, banking, & exchange standards vs. gold & equity indexes.
Laser eyes proclaim a technology to guarantee the human rights of life, liberty, & property. Laser eyes channel action even as they protect from dilutive distraction. Laser eyes signal intent to make #Bitcoin an instrument of economic empowerment.