Why would you get a non liquid asset when you can also get an extremely liquid asset (24/7/365) such as bitcoin, which as an added benefit can't be printed into oblivion >25% of USD that has *ever* existed was printed in the last 12 months
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Replying to @lost_dogz @mssilverstein and
The same way any investment good's value evaporates: by enough people deciding they don't value it.
2 replies 0 retweets 6 likes -
Replying to @IMJackRudd @mssilverstein and
What would make people stop valuing the hardest money this world has ever seen? Side note: I regard bitcoin as a savings technology, not an investment.
3 replies 0 retweets 1 like -
Replying to @lost_dogz @IMJackRudd and
If a nuclear blast set off a global EMP that fried the Internet the Bitcoin ledger would cease to exist That's a lot less "hard" than gold coins Hell it's less "hard" than baseball cards and Beanie Babies
5 replies 3 retweets 36 likes -
Replying to @arthur_affect @lost_dogz and
If that happens, we have bigger problems than saving our money. If this is what it takes to kill Bitcoin, I will take that bet!
1 reply 0 retweets 1 like -
Replying to @capoczino @arthur_affect and
no in all likelihood the Fed/SEC could shut it down tomorrow and you’d be fucked, nuclear bombs are kind of a worst case scenario
2 replies 0 retweets 2 likes
Yeah the EMP thing is just a brute physical fact that's worth bringing up because they're bizarrely in denial about how fragile any Internet-based system is when it comes to futureproofing
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