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December 07, 2024, 06:38:11 PM |
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I keep hearing people call bitcoin a token, it's not, it's a coin..to be specific. It's a solid store of value but gold is far far better as such/hedge asset and will be for some time (has been for 1k years or something, after all). For me there's many reasons...I'm an FA and learned to absolutely despise banks and the fed reserve a decade ago and found btc and it just made too much sense. I am still in the camp that it needs to become a legit currency. I mean it is, I buy stuff all the time with it, but that's because of the "circles I'm in, others will accept it".
If bitcoin can figure out how to scale better, reduce transactions fees and make it even easier to use..it will reach 1M or something insane some day NO QUESTION. If not, I dunno,
I always wonder where bitcoin would be if our greatest punks and minds in the field were all alive and working together full time on the project.. to name those most inspirational to me personally ..Gmaxwell, Szabo, Back, Andreas, Hal, and one of my biggest heros, elite hacktivist Jeremy Hammond ( Was watching a silk road doc the other day and just realized that the same DEA agent who caught Ross also caught .."anonymous"..I had a good chuck. He caught sabu, a rat, who gave up Lulzsec, and elite group of around 8-9 Mr Robots who joined forces with anonymous and were the strongest "arm of it". But yeah it's all thanks to Sabu..but getting off topic.
Also besides a better currency, as I've talked about many times over the years, whenever Satoshis proposed 2 party escrow is finally figured out, and it's done through bitcoin, man...watch out.
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