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hugohanoi's profile
Hugo Nguyen
Hugo Nguyen
Hugo Nguyen
@hugohanoi

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Hugo Nguyen

@hugohanoi

I chain, therefore I am ⛓️

Joined April 2012

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    1. Charlie Shrem‏Verified account @CharlieShrem Feb 1

      1/ #Bitcoin and other privacy focused and decentralized crypto currencies are the biggest innovation of my lifetime. They literally take the power and control of money out of the hands of government and into the hands of people that use it.

      96 replies 772 retweets 1,944 likes
      Show this thread
    2. Penguini‏ @DaCryptoPenguin Feb 1
      Replying to @CharlieShrem

      They don’t actually. A decentralised asset can actually behave like a centralised one if an institution controls most of the supply and becomes capable of manipulating its value. There’s still a lot to be done before that statement becomes true.

      4 replies 2 retweets 18 likes
    3. Charlie Shrem‏Verified account @CharlieShrem Feb 1
      Replying to @DaCryptoPenguin

      Yes but we are on the path. They are trying to stop us

      4 replies 2 retweets 29 likes
    4. Penguini‏ @DaCryptoPenguin Feb 1
      Replying to @CharlieShrem

      Agreed with you. But it’s a problem very hard to solve, that of wealth distribution.

      2 replies 0 retweets 10 likes
    5. Hugo Nguyen‏ @hugohanoi Feb 1
      Replying to @DaCryptoPenguin @CharlieShrem

      In a fair society, wealth distribution will always be unequal. That has nothing to do with your individual right to own & move assets as you see fit, which is what Bitcoin gives us. Equal opportunity (to money), not equal outcome!

      1 reply 3 retweets 29 likes
    6. Penguini‏ @DaCryptoPenguin Feb 1
      Replying to @hugohanoi @CharlieShrem

      You’ve got equal opportunity to money with fiat currencies, don’t know what you’re talking about.

      1 reply 0 retweets 1 like
    7. Hugo Nguyen‏ @hugohanoi Feb 1
      Replying to @DaCryptoPenguin @CharlieShrem

      errr no, bankers & their powerful friends have access to cheap fiat money, most people don't.

      1 reply 0 retweets 15 likes
    8. Penguini‏ @DaCryptoPenguin Feb 1
      Replying to @hugohanoi @CharlieShrem

      Bankers and their powerful friends also have access to cheap cryptos. From being invited to partnerships to participating on private sales of ICOs (before pre-sale) to market manipulation and capacity to obtain insider info. So I still don’t know what you are talking about.

      2 replies 0 retweets 2 likes
    9. Hugo Nguyen‏ @hugohanoi Feb 1
      Replying to @DaCryptoPenguin @CharlieShrem

      Let's be specific, I'm talking Bitcoin not the thousands altcoins & ICO scams LMAO. There's no such thing as "access to cheap bitcoins", because you can't print bitcoins out of thin air.

      2 replies 0 retweets 8 likes
      Hugo Nguyen‏ @hugohanoi Feb 1
      Replying to @hugohanoi @CharlieShrem

      Whereas with fiat, central banks can always print more. And who has the best access to new fiat being printed but the bankers?? Who do you think benefited the most from the 2008 bailout? Where is that money coming from? Did the people have a choice?

      3:14 PM - 1 Feb 2018
      3 replies 0 retweets 0 likes
        1. Penguini‏ @DaCryptoPenguin Feb 1
          Replying to @hugohanoi @CharlieShrem

          Don’t fool yourself. Whatever happens in the future, if you think it’s made for you, there will always be a billionaire looking down smiling at your ignorance while he sees his wealth grow.

          0 replies 0 retweets 0 likes
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        1. Penguini‏ @DaCryptoPenguin Feb 1
          Replying to @hugohanoi @CharlieShrem

          Have you heard about inflation in fiat? How China and Japan have manipulated their currencies to their own benefit. Same thing happens to bitcoin

          0 replies 0 retweets 0 likes
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        1. Penguini‏ @DaCryptoPenguin Feb 1
          Replying to @hugohanoi @CharlieShrem

          Read above - mining = printing paper

          0 replies 0 retweets 0 likes
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