Just paid for this beer with #bitcoin for the monthly Bitcoin meetup here in #queenstown. Stacks of businesses accepting #btc. Bars name is Locker Room. Bullish!
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Major consumer surveys, such as the Security.org Annual Report, show that 74% of all crypto investors own #Bitcoin !
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What's stopping Saylor from just buying the number #1 crypto asset in the hypothetical scenario of bitcoin getting flipped for number 1 ?
As a bitcoiner you should at least ask the question, theres more than a zero percent chance this happens...
There is something special about people who believe in a coin so much they dedicate their time to convincing others.
It also makes you feel like you are in a large dedicated community. You simply dont get the same thing with fiat.
A sociologist called Robert K. Merton in 1968 termed the phrase the Matthew effect (from the bible) which means the rich get richer, this applies to not only fiat but infinite supply staking coins like Eth, Sol and Dot. #bitcoin doesnt have this issue, everyone buys at market rate to increase their stack.
1. In 2036 the block reward will drop to 0.39 btc the price will need to be 1 million usd but its likely we will be talking about lifting the hardcap, increasing the blocksize or adding a utxo tax. All will be wildly unpopular so the response will likely be to do nothing...
The biggest thing holding bitcoin back is tax. It makes spending it pointless. The only way to treat it is buy and hold like Saylor. Just tried converting to fiat too and its such a mission depending on your country. No way 90 percent of the world is using it as it is right now...
Talking with some altcoiners like @KaspaSilver made me realise if we are debating the security budget with #bitcoin then coins like bitcoin cash, bsv and litecoin are truly screwed to the point where nobody should be buying them at all because they are destined to fail
Its wildly unpopular popular for bitcoin to pitch lifting the hardcap or adding a tax to pay miners when all their fees will eventually come fron fees. The only other solution is to force fees up....there's no easy solution here. But the likely path is to do nothing....
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Bitcoin 🧡 André 🇳🇿 retweeted
To be fair, being denied a scoring opportunity inside the penalty box would have been really tricky as everyone knows we score screamers from outside.
Bitcoin 🧡 André 🇳🇿 retweeted
I promise you, let dembele get close too that world cup final, and watch them give him that ballond'or. Lmao, the major 4 candidates this season are
1. Kane
2. Olise
3. Yamal
4. Rice
5. Mbappe.
I still wonder how dembele sneaked in this years ballon'dor conversations😂
