Hey Mike, if you're ever curious and want to understand more about it, we gotchu.
https://twitter.com/muststopmurad/status/1022169639386836992?s=21 …pic.twitter.com/Hvi5rrigpm
I have never heard the arguments against bitcoin. Please keep telling me more about what the media told you, you’re very interesting!https://www.cernovich.com/how-to-buy-bitcoin/ …
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Here you go. Listen to this so that you can finally quit believing in this tulip coin boom.pic.twitter.com/RaIaNxWvgF
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When the tulip bubble popped it went to zero, was declared dead & was completely abandoned. The so called
#Bitcoin bubble popped over 300 times & was declared dead over 300 times, made new highs after each death & all technology & adoption metrics improve exponentially every yearpic.twitter.com/uw2bvkjXBJ
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A lot of misinformed people in the comments section. Not surprising since MSM is spewing out garbage regarding the topic. "The Bitcoin Standard" by
@saifedean is a good place to start. There are additional resources on my pinned tweet. If you have any questions, I'm here to help -
The bitcoin std is definitely a good read for the bull case
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The Bitcoin Standard is a good read for simply understanding where we started and where we're at now with currencies. You don't even have to be a Bitcoin believer to be upset with how things are run now.
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I bought bitcoins several years ago to buy pizza. But I was not hungry. Then, I sold my bitcoins a year ago. I Bought the entire pizzeria.
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My only concern is that the government will create its own coin. They can simply use it for all transactions, whether a payment, or getting paid. Most ppl won’t want a digital wallet with hundreds of different coins. One is easiest. Don’t want to have a coin that no one uses.
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Governments will absolutely attempt to create their own coins, like Venezuela with the Petro. However, they will all fail as they offer no real advantage to the traditional fiat system. Bitcoin will still be the harder money.
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Hope you're right. Does the block chain allow unlimited reproduction? If, it's a set limit of coins, it could be an interesting fight for dominance.
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Bitcoin has a set limit of 21 million coins. People have attempted to change parts of its code and create "forks" but these are separate chains which are all in the process of dying off. The increasing supply schedule (currently 17mil+) and total supply (21mil) are immutable.
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My main holdings are Bitcoin. I also carry Litecoin. The others are very small value, low risk, "if it takes off, I'll make money" investments. Logically, it is certain to be a crypto world. But, it's an illogical world right now. Waiting for a bank holiday, and
#EndTheFed
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It shows how spoiled we have all become that people do not understand the need for Bitcoin. People are forgetting history of governments
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The only real downside is convenience. Once you can use it at your local shop, it will be the standard.
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Not concerned about the volatility. Love the total independence from central banks but the biggest obstacle I've seen are the tax reporting requirements which have to be made in dollars. Can't see a legal way around this.
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There is value in having an investment ( btc) outside of the purview of government control and manipulation? Sure, with the dollar the prob is low, but how about throughout history, over the world and even current events? but it only works if NO One effectively controls it:
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I, for one, can remember my mother taking the my siblings and I to the grocery store, and one kid would stand in the cashier line while the others tried to race get our groceries before the price changed, multiple times throughout the day.
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The way Brazil tamed inertial stratospheric inflation in the early 90’s was interesting. Read the Real Plan, and the unsuccessful attempts that preceded it.
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