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Bitcoin is "too big to fail". Web 3.0(protocols, not platforms) points the way for decentralized projects as well, just as Jack Dorsey pointed out.
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Bitcoin's significance not only lies in financial freedom for individuals, but also points a way for other decentralized projects. Bitcoin is a lighthouse, it's also an experiment. Thus its survival is crucial for the whole industry.
#bitcoin
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Wonder what the evaluation standards are.https://cryptoweekly.co/100/
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It’s beautiful. 二年前に一度行きましたが、9月で夜の竹の中は真っ黒でした。携帯のバッテリーも切れたため小型懐中電灯を使ってなんとか竹の中を抜けました。https://twitter.com/usalica/status/1205680526947864576 …
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It's a sad story. A 48-year-old Chinese(male) committed suicide after knowing that his heart surgery may cost $14,000 which he/his family cannot afford.
#Bitcoin
cannot fix this.Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Bitcoin is the unexpected disruptor in the currency competition between US dollar and CNY. Bitcoin, CNY and US dollar forms the "interesting & unique" balance(?). Just like a triangle. The more the players, more complicated the game is.
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Good point. But why attack Bitcoin when there are more benefits? An ex-government official once said that bitcoin helped deter dollar hegemony during a mining conference. If normal people like us can see why bitcoin is so great, so can the government.https://twitter.com/hasufl/status/1205084258496331776 …
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This is Bitcoin&Blockchain popularity index in recent one month(data from China's biggest search engine Baidu). Pink one is blockchain while blue one is bitcoin. Popularity of blockchain is at least 2x/3x of bitcoin.pic.twitter.com/vFPQgYm3En
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8/ the title suggests gov's policy of putting blockchain before bitcoin(though gov understands how innovative bitcoin is) , which matches gov's public attitude towards blockchain.
#bitcoin
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7/ Xinhua's report in Chinese :http://xh.xhby.net/mp3/pc/c/201911/11/c708360.html … As China's state news agency, this article's title means that gov surely understands bitcoin but used a different way of saying that, in front of 1.4 billion people...
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3/ The article says: "trading records of traditional financial system are stored in banks' central database while blockchain is bitcoin's ledger. bitcoin's ownership and trading records occurred at any time are written down in blockchain ledger."
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2/The article says: “Bitcoin was born and operated through internet, it's an open-source P2P digital currency. It's different from gold/silver and fiat money(endorsed by national laws and sovereign credit) which people have been used to in recent 100 years."
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1/ China's state news agency Xinhua published an article with the title "Bitcoin is blockchain technology's first successful application/use case". The article introduced what bitcoin is and bitcoin's features.
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People not knowing what sound money is because they haven't experienced the consequences of fiat yet. Or the consequenced are made seemingly invisible by interest-related parties. Normal people don't have choices other than working harder facing inflation.https://twitter.com/krugermacro/status/1193035069587365888 …
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IMO China effect is probably the main factor. Because trading time matches. The news came out at around 6-7pm(Beijing time) then price started to rise and stopped soaring at 12pm. 8am the next morning price started to soar again. It’s huge news in China. https://twitter.com/iamjosephyoung/status/1187907896178143232 …pic.twitter.com/9XCiQDlu8B
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