You have no fucking idea who he is, but is the Real threat to #bitcoin. If only, world was as sane/based as him. Alas, it is not - Hence bitcoin
listen to thus carefully - the full 40 odd minutes if possible.
Rep. David Schweikert
https://youtu.be/z7lOcJqZEl4?si=_QeoYDdvsUb7QguZ
Someone get this guy on david's radar
Token economy will never be big on bitcoin.
bitcoin will continue to accumulate monetary premium become its most secure and sound.
exactly like USD.
Hence bitcoin will continue to import all non monetary usecases from other chains .
exactly like USA
@jack mallers@Rusty Russell nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83anostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7znostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxnostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
I want to use this space to describe ideas which can become 1 Billion USD+ entities based on Nostr and Lightning.
If you are interested in this, give me a follow
If you follow me already, help me spead the word.
I can understand why you might think that, Infact it was my position a few years back.
Now I have come to understand that its mostly a volatility damper. Something that is necessary for a assest be closer to medium of exchange.
Future AI companies:
Slimmer top line
Fatter bottom line
Master of niches survive
Leaner teams thrive
More startups come to life
Most of them live shorter lives
#AI@ #BusinessFuture #Innovation
Still, just by uttering the phrase about strategic stock pile for 1% BTC US holds is BIG DEAL? it is essentially "Get of Zero" moment for central banks.
@TheGuySwann I think we should be exactly in this place.
only then tremendous upside will still exist.
only then equitable distribution will be achieved
that what represent the best case
if DJT would have spoken Like RFK, ie if he would have been that neuanced. I would have been a bit scared.
Trust me, anything more that this is NOT GOOD for bitcoiners (but still good for bitcoin)
what you want - them to allow self custody and free anyone who has been prosecuted with prejudice become of BTC
what you don't want - BTC as national reserve.
For those who think they have diamond hand, watch when prices rise by 20X from here in a short time frame. Most of the non whale ideological core of BTC will be wiped off the floor by US Gov.
For countries that gets left behind by US in this prisoners dilemma, they will come after there citizens' bitcoin, and they will be justified in doing so by mainstream logic. Bitcoiners outside US will need to relocate.
It would have been bad for bitcoininers.
@TheGuySwann
Trust me, anything more that this is NOT GOOD for bitcoiners (but still good for bitcoin)
what you want - them to allow self custody and free anyone who has been prosecuted with prejudice become of BTC
what you don't want - BTC as national reserve.
For those who think they have diamond hand, watch when prices rise by 20X from here in a short time frame. Most of the non whale ideological core of BTC will be wiped off the floor by US Gov.
For countries that gets left behind by US in this prisoners dilemma, they will come after there citizens' bitcoin, and they will be justified in doing so by mainstream logic. Bitcoiners outside US will need to relocate.
nostr:note1qc6ytxe9f06r8qy9puplprchqftrh8var3cdatwjgwgnuwj22cdsp7l5w2
3 key properties of money: Store of value, Medium of exchange, Unit of account. 🤔 What if #Bitcoin achieves Unit of account status before becoming a widespread Medium of exchange? If NGU continues, it only makes sense for the crypto community to value their portfolios in BTC. #btc
Notes by clearsight | export