@Culture_Crit
lack of free speech
high taxes
dependence on globalization
de-industrialization
big company focus vs entrepreneurship
radical climate agenda
proximity to historical enemies
You can't sync a node to the
#2
coin by market cap
the
#3
coin is run on 5 servers w/ 0 usage
#4
is a super scam fork of bitcoin
There's literally no competition for
#bitcoin
.
"Bitcoin will overtake the dollar in importance as it becomes the single global currency of the internet within a decade" - Jack Dorsey
#Agreed
#bitcoin
Spammers drove up fees in
#bitcoin
, which stimulated the
#lightning
network. Scaling arrived quickly, forcing them to stop spamming. The incentives worked beautifully. Attackers sealed their own fate.
Take what happened today, ~20% drop, multiply it by 4x the intensity, and stretch it over 2 years.
That's what many bitcoiners have lived through *at least* once. Oh, and add in MSM telling us we're dumb all the time.
Now, do you think Wall St is getting our coins?
#hodl
"We've on boarded more people to bitcoin than any other company."
This is self-important VC thinking. Imagine saying that about another commodity, "we've on boarded people to lithium."
No, bitcoin enabled your business. Bitcoin doesn't need Coinbase specifically, CB needs
We’re looking into how to best add Lightning. It’s non-trivial, but I think worth doing. I’m all for payments taking off in Bitcoin.
Not sure why you think we’re ignoring Bitcoin - we’ve onboarded more people to Bitcoin than probably any company in the world.
Let’s build it
51% attacks are valid and potentially beneficial adversarial market behavior. Cleansing money printing scams from the ecosystem is a good thing.
Stop whining and fearmongering.
#bitcoin
This is a serious problem. Nakamoto Consensus is failing. “Vertcoin (VTC) is currently being 51% attacked” by Mark Nesbitt, security engineer at Coinbase:
#Bitcoin
is never going away. People will never stop working on it and building on top of it.
Like the printing press, you can embrace it, learn to use it, promote reading, or choose to fight it and lose.
@LukeMikic21
You truly believe that inflation has been 10% for the last 25 years? Who is gaslighting whom?
Gold is up only 5% from its 2011 high
Commodity index DOWN 38% from ATH in '08
Oil is DOWN 47% from its ATH in '08 (16 YEARS!)
Nat gas DOWN 90% (!) from '05 high
Copper DOWN 17% since
This type of rhetoric is a huge red flag!
Bitcoin maximalists create an atmosphere that rewards thinkers. It's open and friendly to those looking for answers, but righteously closed to frauds and scams.
If u think btc is too toxic you're likely a scammer or influenced by one.
#Bitcoin
is getting more obvious, not less. It will have a repricing event that will be fast enough to catch everyone off guard. Naysayers will start their trash talk all over again from 10x higher.
.
@brian_armstrong
also warned that XT, Classic, Unlimited, Bcash, and 2x would takeover
#Bitcoin
(yes, every single one, lol).
Then warned
#ethereum
would flippen bitcoin out of dominant position.
Don't underestimate the
#DeleteCoinbase
crew.
These are many of the same people that brought us Segwit with the UASF and forced Bitmain to get rekt.
#Bitcoin
If the ethereum price doesn't collapse after this shit show of an upgrade, and ethereum classic's price didn't collapse after their 51% attacks, the whole altcoin complex is based on nothing, zero.
If Ver dumped his bcash bch, and attacked it the way he does
#bitcoin
, it couldn't be saved, Bcash would die a quick death. Investing in bcash is trusting one megalomaniac with your money.
#ProofofVer
Bitcoin is easily understood by young people.
A kid under 12 years old today won't remember a time before
#bitcoin
. They'll have a bitcoin wallet before a bank account.
Imagine selling them on the idea of fiat when they know bitcoin first. Won't happen.
A
#gold
shop owner I know has reported to me his business is buying back much more gold from customers than they are selling. Been the trend for 6 mos. Customers are saying they're buying
#bitcoin
.
Fools or scammers call it
#BitcoinCash
.
Don't play their game, it's an 8 month old altcoin called
#bcash
, with a megalomaniac as front man. There is literally zero chance it becomes widely used. $BCH
This is what many sound money advocates learned at the beginning of our journey, that fractional reserve banking was how the system was a pyramid of money printing. But it's not, it's worse.
They don't "keep 10% and loan out 90%." Banks today make loans without the preceding
👀 Dave Smith on How the Banking System is a 'House of Cards'
"Everybody still kind of has in their mind that...the money in your bank account is your money and that they're holding it for you, right? But that's not right. That's not what's going on...There's not nearly as much
2017 Coinbase tried to destroy
#bitcoin
2018 Started adding shitcoins in earnest
2019 Acquires human rights abusing
firm to spy on everyone
#DeleteCoinbase
goes viral
Monthly volume now down 94%
😎
This is a huge negative for
#Bcash
, because means they are likely only competing for transactions that don't require censorship resistance.
#bitcoin
#BcashIsNotBitcoin
It's already a given that
#bitcoin
is taking some of gold's bid in this ongoing crisis. Next, it will start to eat some of real estate's and bond's store of value.
This new FINCEN proposal has a bright side. If they could easily track
#bitcoin
already, why would they need this? Chainalysis is not as reliable as many fear.
#Bitcoin
is freedom.
In 2014, I had my last job interview. A VP of Product asked me about bitcoin, because he'd seen it on my social media. I sat up straighter, got a brighter look on my face and said, "Bitcoin is freedom." True story.
@Bitcoin
Anyone can fork bitcoin and pretend to be the real deal.
Show us hard evidence, let a pre-2017 version of bitcoin try to sync bcash or bitcoin. Fact is, it won't recognize bcash because it's an out-of-consensus fork of bitcoin.
Roger, just end this.
The claim that
#bitcoin
is stagnant is tactical deception. It provides a reason for political attacks.
The facts are clear, Bitcoin has the most cutting edge R&D, the most consistent performance and the most passionate community.
Bitcoin didn't change. You simply misunderstood it Vinny.
You didn't listen to Hal Finney saying we needed a layer 2 for mass payments? Or the gold bugs talking about bitcoin as sound money all those years?
It's your mistake, take responsibility for it.
And to think, we as an industry wasted years trying to drive adoption of Bitcoin and when we finally succeed - it then magically transforms into digital gold...🤦♂️
Much of the wealth preserving premium of real estate will be gobbled up by
#bitcoin
.
Think of foreign investors buying real estate abroad to offshore their wealth. Bitcoin offers a better option.
There are a lot of clues: Blackrock shilling, ETF comp, Mr 100, Jason Lowery. All these things point to elites positioning. They wouldn' t do that for a toy $1T asset. They're going to take it to $20T. What am I missing?
#Bitcoin
I've been saying this for years,
#bitcoin
will not be a bottom up phenomenon. If you don't have 2 nickels to rub together you aren't bitcoin's target market.
This is hard pill to swallow for many bitcoiners who see bitcoin as some great virtuous leveler. It is not. Income
During my time in Africa, while advocating for the Lightning Network, I faced a cold, hard realization.
Despite my efforts, I found that more people were interested in dealing with USDT rather than Bitcoin.
They desired USD, even if they were synthetic versions.
Over the next 2-5 years,
#bitcoin
will absorb most of the monetary value of
#gold
. The bitcoin market cap will go from $100 billion to $10 trillion. That's just two 10x rallies away.
This next bull market, I'm going to steer people away from
@Coinbase
. Their neglect of
#Bitcoin
support in favor of scam tokens is unacceptable.
@CashApp
is bitcoin only.
It's very hard to pin point the beginning of the end for an influencial person. But with Roger, this is the exact moment. He's never recovered his standing in the community. Now he's a scammer.
#bitcoin
1/
#Bitcoin
is in a mania. I admit that. People are accumulating. If bitcoin was a typical investment, it would be setup for a 90% sell-off. But this isn't a typical investment.
The bad thing is every stock is as fragile as
#Facebookstock
.
It's one big false ediface enabled by expansionary monetary policy and based on bankrupt materialistic culture.
Buy
#bitcoin
. The hardest money ever.
In this post, published on
@BitcoinMagazine
, I do a quick geopolitical survey of El Salvador. I look into the history, politics, its geography and demographics, and economy trying to forecast how
#bitcoin
will fit into their unique situation. 1/
Fiat money
Fiat food
Fiat science
Fiat art
Fiat mal-investment
Fiat thinking
Fiat culture
Fiat time preference
...
#Bitcoin
as hard money will be far reaching.
The SEC's actions make sense when looked at as being hostile to
#Bitcoin
.
-Disgracefully slow action against ICOs.
-Total disregard for own rules w/ ETH and Ripple.
-4 year blockade of a Bitcoin ETF.
-Trivial fine on a $4b scam.
They are anti-bitcoin, pro Bitcoin competition.
Lightning network transactions are
#bitcoin
routed peer to peer in a default anonymous way like cash, so it is the real
#bitcoincash
. Bcash bch is slow, expensive and not private by comparison.