Community Trust ScoreVerified
Bitcoin is the most beautiful asset man has seen. Real estate, cash, shiny rocks, nothing comes close few. BTC is a fantasy about a risk-free, control free and macroeconomic- forces-free asset that beats inflation and enriches holders. Sounds good, right? Too good to be true. Trade for profit and leave true believers holding the bag. If crypto becomes a threat, it will be targeted.
Dave Pradko: At the highest level, there’s a finite number of Bitcoin available, which means BTC can’t grow in a way that keeps pace with a global or digital economy. It’s the same reason the US dropped the gold standard. Jack’s either in on the scam or out of his lane
Alex Weprin: Oh man, Jack Dorsey says he thinks Bitcoin is the key to Twitter’s future. Says it will “ensure people and companies can freely trade goods and services anywhere on the planet.
Jack elaborated: Focused “on the use case of the Internet having a native currency, and bitcoin is the best candidate for that role. If the Internet has a native currency, a global currency, we can move so much faster.
I think it is hugely important to Twitter and Twitter shareholders that we continue to look at this space and invest aggressively in it. There is an obvious need for this, an appreciation for it. An open standard, which is native to the Internet, is where it should go.
Alex Gladstein: “Bitcoin is digital real estate.” BTC is actually something much more profound: the instantiation and realization of real property rights. It’s the first time in history when people can essentially make their time and energy unconfiscatable.
If the US gov wanted to effectively shut it down in the US, I’m sure they’d find a way. Confiscate servers, ATMs, pass laws, etc.
It’s impossible to shut it down locally. China has tried many times and always failed. Bitcoin doesn’t need any server in the USA to be fully functional in the USA. Even shutting down the Internet wouldn’t be enough as people could still send transactions by satellite or radio waves.
Bitcoin is Digital Real Estate without the annual tax bill, insurance bill, utilities, upkeep costs, etc.
Bitcoin is by far the greatest discovery in human history. It will catapult us into a new era of abundance & cooperation. Future generations will look back at us and wonder how we survived with the economic & social oppression that occurs today. The Bitcoin Renaissance is near.
Ultimate: He kept saying the market will ultimately decide, referring to Bitcoin vs. everything else. That’s exactly the problem. Corruption entered this space, and only two digital assets have been given clarity, so the market can’t decide. When everything has clarity, it’s game over for BTC
