This tweet shows a very promising outcome for bitcoin. In simple terms, how big can bitcoin possibly get? Well, in today’s dollar terms, basically 10 million USD per coin, meaning it will engulf everything. Maybe it’s time to get your hands on some bitcoin in case it catches on.
Peter Schiff claims that gold is the best hedge against inflation. But the numbers tell a different story. Now granted, the market cap is a flawed metric, but it really does say something in this scenario. Here’s a great tweet: „#Gold is the best hedge against inflation.“ – @PeterSchiff QE Read more…
Oct. 31, 1517, Martin Luther Nails his 95 Theses to the Church doors, lighting the flame of Reformation that Split the Catholic in Two. 491 Years Latter To The DAY: Satoshi Nakamoto Releases the Bitcoin Whitepaper, sparking a fire in cyberspace that rages to this day over Money.
Trader University explains in this video how the current fiat overindulgence can send both physical and digital stores of value to the moon, as we say on twitter. Here’s how to buy bitcoin. And here’s how to buy gold.
BITCOIN WILL TURN THE WORLD UPSIDE DOWN! H/t @selfbankt The single major issue I find when discussing bitcoin with other people in Europe is that they don’t see it as a revolution. To them, it’s just another electronic payment system like Paypal, Visa, Mastercard, or USA’s Venmo. Even for remittances, Read more…
Sergii Sokoliuk wrote a nice series of tweets about common bitcoin myths. https://twitter.com/SSokoliuk/status/1442458052825862144?s=20 All I knew about Bitcoin was its price. Then I took a crypto deep dive week. Now I believe it is the future of everything. Here are simple myth-busting analogies that helped me to understand $BTC “What Read more…
Saifedean Ammous shared his chapter on time preference: Time Preference, Chapter 13 of my forthcoming textbook, Principles of Economics, is now available for members of http://saifedean.com This is my most detailed discussion of time preference yet. Or you can watch this video if you don’t have the required patience yet:
Bitcoin nation state game theory 101. You don’t have any choice but to play. This is what excites many Bitcoiners. We really believe that bitcoin is the hardest money ever created. Michael Saylor equates this to the discovery of gunpowder. No matter how much traditional armies refused to adopt gunpowder Read more…
From Anilsaidso: Opportunity Cost: Every financial decision is a trade-off with your future self. #Bitcoin makes this abundantly clear on long timescales. Investments are choices and choices are trade-offs. “Doing one thing means not being able to do another. We live in a world of trade-offs, and the concept of Read more…
BritishHODL, who’s bio reads, “Investor with 17 years in the game. #Bitcoin will eat every asset class.” has tweeted this guide. There are really only 3 rules to #Bitcoin: 1. Buy #Bitcoin. 2. Shut the f*** up. 3. Get fabulously wealthy. This thread, that I’ll pin is designed to collate Read more…