1. Decentralizing money is a 100x bigger deal than decentralizing information. 2. The Internet as it is today is still remarkably centralized.
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Replying to @MustStopMurad
Well look- I admire your optimism. But don't you think that corporations and oligarchs will co-opt crypto just the same way they did the internet? In fact, perhaps they've done so already.
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Replying to @bill_tribble
Murad Mahmudov 🚀 Retweeted jratcliff63367
Murad Mahmudov 🚀 added,
jratcliff63367 @jratcliffDefeating S2X was the single greatest victory in the history of bitcoin. It put on notice to every corporate or government entity, that you cannot control bitcoin by subverting a handful of people who control mining pools. Change the rules and we will not follow your chain!!!1 reply 0 retweets 0 likes -
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Replying to @bill_tribble
It is extremely difficult for corporations to coopt bitcoin
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Replying to @MustStopMurad
What, they can't just buy it, with all that fiat currency they've collected? Wow, that must put them at a real disadvantage compared to switched-on libertarians who understand crypto!
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Replying to @bill_tribble
If they buy it aggressively the price will go into the stratosphere
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Replying to @MustStopMurad
Said price measured in fiat currency... Which governments and banks own. Who are in the pockets of the corporations. This doesn't quite sound like a revolution.
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Replying to @bill_tribble
Only a small % of Bitcoins are in circulation. 60%+ of Bitcoin is HODLed by people who don’t plan to sell. At all.
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It’s not a currency yet. It’s a digital commodity like Gold. It is undergoing monetization. When it gets bigger, more liquid, less volatile, it will be more useful as a currency.
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