Schopenhauer, “All truth passes through three stages: First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident.” I LIVE BY THIS
At first, they say it’s “theoretically impossible.” Then, “Maybe possible, but certainly not practical." Then, “But only fringe groups are using it." Later,”We are studying it.” Now: “It is the future. We are here to provide governance and regulation." -- Tim May
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The first countries to regulate and minimize ownership are going to really feel the burn as things progress.
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The opposite for financially struggling countries if they embrace it, they will be well positioned in the next move
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Then we say, "Get lost!".
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For every old school doubter there is at least one
#blockchain mystic, mesmerized by its “electrickery”, and foretelling it will cute warts.pic.twitter.com/mDCPl3Jq06
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Almost everything positive you read about blockchain is wrong: https://www.constellationr.com/blog-news/blockchain-almost-everything-you-read-wrong …pic.twitter.com/PdtDdDF2Rw
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Sounds like you've only researched the available blockchain platforms minimally or have under 1 year experience. A token isn't worth $100 to $8k based on mere hype, it's a store of value that is immune to geopolitical events, seizure, and many platforms offer secure governance.
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Value is immune to geopolitical events ... such as China's Bitcoin policy?
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Yes, I believe it is immune long term.
#BTC#Bitcoin is up a couple$k per token value since the China ban. I think long term, the entire world weighing in on the public valuation of#blockchain marketcaps, outweighs any jurisdictions banning it...but time will tell. -
Indeed, time will tell. Meanwhile we should all keep testing our assumptions. Cryptocurrencies have them too.
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I agree.
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When did TM say this?
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Timmay from South Park.
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the damage from banking is 1000x that of Bitcoin to the environment.
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In 5 years solar and wind will be cheapest form of electricity and problem solved
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