Discover and read the best of Twitter Threads about #digitalgold
Most recents (3)
It’s inevitable.
Anyone who truly believes in Digital Assets and what the space potentially represents for a revolutionary future should want #Bitcoin to succeed (even if you despise #BTC). #BTC has found it’s purpose.
It being considered the greatest
Anyone who truly believes in Digital Assets and what the space potentially represents for a revolutionary future should want #Bitcoin to succeed (even if you despise #BTC). #BTC has found it’s purpose.
It being considered the greatest
SOV today, a hedge against the debasement of fiat currency, and accepted as #DigitalGold, is officially the #Bitcoin purpose.
@rogerkver can definitely argue that #BTH is much closer to the Satoshi White Paper than #BTC
#BTC proponents argue that #BTC is better at being #gold
@rogerkver can definitely argue that #BTH is much closer to the Satoshi White Paper than #BTC
#BTC proponents argue that #BTC is better at being #gold
Lol it's so much
When the Ethereum network split into two (ETC and ETH, July 2016) the networks didn't have replay protection so you would send thru these contracts that were super simple and would ensure that ONLY your ETH or ETC was sent on the intended chain.
When the Ethereum network split into two (ETC and ETH, July 2016) the networks didn't have replay protection so you would send thru these contracts that were super simple and would ensure that ONLY your ETH or ETC was sent on the intended chain.
It was especially important exchanges did this as in the first days of the network split, users who were "in the know" could send only ETH to, say, Coinbase and then withdraw that ETH but actually receive ETH & ETC and then send that ETH and separately ETC to Poloniex to profit.
It doesn't matter if the forkchain doesn't have value but the moment Polo listed ETC (about 3 days after the hard fork) ETC had value and eventually anyone who had ETH listed at the time of the fork had to credit their customers w ETC. That they may have inadvertantly given away.
I took the time to read Paul Tudor Jones (PTJ) May letter for his investors, and did a bullet point summary.
He mentions #bitcoin several times. It got me interested in learning his thoughts.
Hope you enjoy the read.
Thread 👇
He mentions #bitcoin several times. It got me interested in learning his thoughts.
Hope you enjoy the read.
Thread 👇
"A large demand shortfall will prevent goods and services inflation from rising in the short term."
This means that although we've had a big inflow of cash into the economy, it does not directly mean there will be inflation in goods and services, caused by lack of demand. 1/n
This means that although we've had a big inflow of cash into the economy, it does not directly mean there will be inflation in goods and services, caused by lack of demand. 1/n
"Traditional hedges like gold have done well, and is expected that investors will continue seeking them"
Since all Central Banks around the world have been pumping money into the economy, market participants still see gold has a hedge against future inflation. 2/n
Since all Central Banks around the world have been pumping money into the economy, market participants still see gold has a hedge against future inflation. 2/n
