NEW: 🇪🇺 The European Central Bank declaring war against Bitcoin—by Tuur Demeester 👇
The ECB claims that early Bitcoin adopters steal economic value from latecomers. I strongly believe authorities will use this luddite argument to enact harsh taxes or bans.
Rather than praising bitcoin as a tech paradigm shift à la petroleum and the internet, the authors introduce the blatantly luddite argument that "early adopters" ... "increase their real wealth and consumption" ... "at the expense of [latecomers]".
Then they go on to brazenly advocate for legislation ... "to prevent bitcoin prices from rising or to see bitcoin disappear altogether" in order to prevent "the division of society".
The authors also model some projections, to illustrate the paltry amount of BTC that will remain available for latecomers. (Woe is me! Conspicuously left out is the reason that has driven 15 years of bitcoin adoption & development: it's simply better tech).
Full thread: https://x.com/TuurDemeester/status/1847512241173582058
The ECB claims that early Bitcoin adopters steal economic value from latecomers. I strongly believe authorities will use this luddite argument to enact harsh taxes or bans.
Rather than praising bitcoin as a tech paradigm shift à la petroleum and the internet, the authors introduce the blatantly luddite argument that "early adopters" ... "increase their real wealth and consumption" ... "at the expense of [latecomers]".
Then they go on to brazenly advocate for legislation ... "to prevent bitcoin prices from rising or to see bitcoin disappear altogether" in order to prevent "the division of society".
The authors also model some projections, to illustrate the paltry amount of BTC that will remain available for latecomers. (Woe is me! Conspicuously left out is the reason that has driven 15 years of bitcoin adoption & development: it's simply better tech).
Full thread: https://x.com/TuurDemeester/status/1847512241173582058
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Financial independence can make or break your life and both Bitcoin and USDT help people be financially independent.
Imagine not being able to have a bank account, which leads to not being employable, which destroys your chances of improving your life. You're stuck.
Listen closely what these people have to say.
Full documentary: https://x.com/Tether_to/status/1844724644403626285
Imagine not being able to have a bank account, which leads to not being employable, which destroys your chances of improving your life. You're stuck.
Listen closely what these people have to say.
Full documentary: https://x.com/Tether_to/status/1844724644403626285
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NEW: 🇺🇸 Paper from the Minneapolis Federal Reserve states that "a legal prohibition against bitcoin can restore unique implementation of permanent primary deficits."
Without Bitcoin to contend with, they believe the debt can go up forever❗️
H/t Matthew Sigel
Without Bitcoin to contend with, they believe the debt can go up forever❗️
H/t Matthew Sigel
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NEW: 🟠 Saylor dismisses concerns about government seizure of Bitcoin as merely a crypto-anarchist trope 🤔
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🟠 Lugano’s Plan ₿ Forum starts on October 25th 🇨🇭
🎟 Get your ticket: https://planb.lugano.ch/planb-forum/
🎟 Get your ticket: https://planb.lugano.ch/planb-forum/
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🟠 We’ve hit 1:30 on the Bitcoin Spiral Clock 🕰
Between 1:30 and 4:30 is when the real magic happens 👀
Via John Osterman
Between 1:30 and 4:30 is when the real magic happens 👀
Via John Osterman
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