Doge community: @elonmusk will figure it out
Cardano Community: @IOHK_Charles will figure it out
Ethereum Community: @VitalikButerin will figure it out
Bitcoin community: we have system where we don’t trust or rely on anyone and everyone can verify it!!!
Most of your money exists not as something folded in your wallet, but as an entry in a bank’s database, faithfully requested and rendered beneath the glass of your phone.
If someone else gets to decide *if* and *how* you can spend it, is it really yours?
I think people are sleeping on the potential importance of the lightning network over the next 5 years for the payments industry.
As BTC base layer fees climb, lightning becomes more important, apps/utility are starting to reach a critical mass, and liquidity can grow.
It is extremely hard to have conversations with most people when everything you want to discuss would require a complete reassessment of everyone's worldview but you know they just aren't ready to go there.
2021 is the year of the inflation shock (BofA):
- shipping rates up 210% YoY,
- food prices are up 33% YoY,
- energy costs are up 71% YoY,
- house prices are up 20% YoY;
- US inflation is annualizing 7.2% highest since early 1980s
By the way, this #Bitcoin ETF will suck. The tracking error will suck, the fees will suck, the counterparty risk will suck...
Unless you have serious account restrictions on how you can get access to owning Bitcoin, buy the real stuff.
And learn how to take self-custody of it.
Hucksters who launched a thousand stupid shitcoin scams have hired a World Excrement Forum muppet to "reset" the internet into proprietary censored centralized scams pretending to be decentralized & go after bitcoin miners with dumb carbonhysteria.