Law professor @rohangrey Tells @BBCNews “The entire Bitcoin ecosystem is sort of built on a foundation of sand.” He’d been great on @SquawkCNBC too @andrewrsorkin
Unsurprisingly, I dont think it's a smart idea for a state to declare bitcoin legal tender.
119
55
28
227
I would rather hold a bearer asset that has minimal counterparty risk than a debt based instrument backed by government violence depreciating in value everyday. Smart idea or not bitcoin is a software protocol (like TCPIP) that cannot be stopped and doesnt care what anyone thinks
1
0
0
20
You're not supposed to ""hold" money. If you do, that's on you.

12:56 PM · Jun 6, 2021

1
0
0
1
Productive effort should not be stolen by endless money printing. Mechanisms that holds value over time at minimal cost show how broken government money is. If you want to extract value from others provide a service or product they want, rather than thieving it through inflation
1
0
0
4
Or just invest, beat inflation and quit whining.
1
0
0
0