@CryptoCapo_
It's so funny. This guy missed the entire bear market rally, and now he has the best chance to short this ponzi, and he is too scared to do it. You can't make this shit up!!! 😂
So far,
#HijackingBitcoin
has been the most eye opening read for me in years. It's like a red pill for bitcoiners. The amount of corruption, deceit and stupidity in this space is mind blowing.
Bitcoin: Original Intentions vs. Reality
Many people are asking me why I think
#Bitcoin
has not lived up to its promise. Here is a step-by-step explanation:
A thread 🧵
👇
@Nova_Sapien_
@rajatsonifnance
That means mortgage can still be a great business decision if you know what you are doing. Not everything is black and white.
This is an incredibly important book that everyone should read who is involved with or considering getting involved with Bitcoin (BTC). I am selling these for $10 at the Sound Money tent.
The information in this book has been suppressed for years and there is an active company
Conlcusion:
While Bitcoin is very secure and immutable, it has completely failed in its mission as a peer-to-peer electronic cash system.
The original idea has been perverted by a handful of devs, who control the narrative and censor anyone who dares to speak up.
@AaronRDay
Lol, them jailing Ver was the reason I bought the book. It was instant trigger for me. U.S. Government attacks him - he probably said too much truth. Would never read it if not for his arrest.
Bitcoin tech is so hilariously bad and outdated(due to subversion and sabotage
#HijackingBitcoin
), I think it's dominance will trend towards ZERO as time goes on. Come at me, maxis.
Some people think I am a
#bitcoin
maxi because of the laser eyes. What they don't realize is that's it's only one laser eye. The other eye is seeing CLEARLY. I did this on purpose. It means I am always open to new information.
Decentralization & Trustlessness
Original Intentions:
• Create a system free from central authorities and intermediaries.
• Enable direct peer-to-peer transactions.
What Really Happened:
• Centralized exchanges and custody services are prevalent. ❌
• Peer-to-peer
@IncomeSharks
@KimDotcom
Instead of talking about his arguments, you are spewing crypto bro science. Your twitter feed is not "everyone", and "everyone" are not always wrong.
Privacy
Original Intentions:
• Provide pseudonymous transactions.
• Enhance privacy compared to traditional financial systems.
What Really Happened:
• Blockchain analysis can easily de-anonymize users. ❌
• A full-scale attack on privacy by governments (KYC, AML, ban on
@DrProfitCrypto
Not sure I agree with your strategy. If you short here, and price goes up, then you have to realize your loss, but your long term bags have unrealized gains.
@PeterLBrandt
What narrative? Hedge against inflation? Failed. Store of value? Failed, because too volatile. Adoption? Failed. Can't be used as money because it's too slow.
Global and Low-Cost Transactions
Original Intentions:
• Facilitate low-cost, global transactions.
• Make micro-transactions feasible and efficient.
What Really Happened:
• Transaction costs can be high during peak times. ❌
• Scalability issues limit the efficiency of
@rajatsonifnance
Let me give you my take on this: Private Property is a myth. The state can come in whenever and just take it from you. Also, if you pay property taxes, it's simply not yours. You are still renting. Doesn't mean you shouldn't "own" a house. You can do that, for whatever reason,
Hey,
@danheld
, I know you are reading this. If you can provide a refutation of my analysis, you are welcome to do so. I am sure, as someone with high conviction for bitcoin core and years of experience, you will have an easy time doing so. There is nothing wrong with a debate.
Bitcoin: Original Intentions vs. Reality
Many people are asking me why I think
#Bitcoin
has not lived up to its promise. Here is a step-by-step explanation:
A thread 🧵
👇
Mainstream Adoption
Original Intentions:
• Become a widely used currency for everyday transactions.
• Replace or complement traditional financial systems.
What Really Happened:
• Limited adoption for everyday transactions due to volatility and usability. ❌
• Instead of
@Roman_Trading
Yesterday you said double bottom, bullish divergence and bullish pa, and that you opened a long. Now you are saying the opposite. Big fan of yours. Most of your analysis is awesome. But this tweet is a bit dishonest.
@100trillionUSD
You said recently that 98k by the end of november is still in play. This is simply a false statement. Stop leading noobs into slaughter.
Security & Immutability
Original Intentions:
• Ensure a secure, tamper-resistant network.
• Use blockchain technology to create an immutable ledger.
What Really Happened:
• The network is highly secure and the blockchain is immutable. ✅
@SnifferInCheif
@FischerKing64
If tipping becomes the norm, then not tipping becomes a non-option. So life is just more expensive in the U.S. because everyone has to tip.
@jclcapital
The age of blow off tops is over. Whales are now in control. They will use different narratives(December peak, stock to flow, lengthening cycle etc) to scale in and scale out of this market.
@TechDev_52
I survived both march 2020 and may 2021. And I will tell you this: the most recent dump was different. It felt different. It felt like the start of a bear market. Sorry to pop your bubble.
@TechDev_52
You are always comparing to previous cycles, which is a big mistake. The past can not always be replicated. It's now a different market, and different outcomes are not unlikely. If you wait until "something happens", you will panic sell the bottom.
@BitcoinMagazine
The guy on the left has actual value. New car is always nice. Exotic holidays will give you beautiful memories. The guy on the right however...well he can watch a number on a screen.