In the 2017 bull market, corrections found demand after drops from 30-40% In the current bull market demand seems to appear after corrections between 15-20%. This is probably indicative of a difference in buyers: retail (2017) vs institutional (today).
The most powerful people of the past were the ones with guns, legislation, and media publications. The most powerful people of the future are the ones with code bases, algorithms, and applications.
“Bitcoin at $10,000 is an industry, bitcoin at $100,000 is a world power, and bitcoin at $1,000,000 is a global government. It’s just not the one anybody expected... bitcoin at $1M is like a pro freedom global government..." -
In the latest Crypto Long & Short, looks at how the latest OCC statement, which opens the door for banks using blockchains to store and validate payments, hints at more than just better crypto services
Bitcoiners have a lot of misconceptions about the Fed and stuff like that. But you don’t need to be a genius these days to see why people want to have a stake in a payments network that’s not controlled (or regulated) by a central entity.
"Imagine there was a base metal with a magical property: Can be transported over a communications channel. Anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it." - Satoshi Nakamoto global.strike.me
Pomp 🌪 @APomplianoI continue to say it - @JackMallers has built what will be one of the most valuable companies in the world. Money sent anywhere globally in seconds and for free. LFG! 🔥https://t.co/0NVxm0WM01
Great takedown of the Chapwood Index here from . Anyone who cites the index as evidence of inflation being higher than the official numbers instantly loses credibility
WBD297 - Questions for Tether with & Stuart Hoegner ( ). We discuss: - If & how Tether is fully reserved - Claims of pumping the Bitcoin price - The use case for stablecoins whatbitcoindid.com/podcast/questi…
The next step after remote work is pseudonymous work. Separate your earning name, your speaking name, your real name. Treat your real name like your social security number: only for official documents. Indeed, think of it as a social security name.