Thread by @ProfessorMeo_w

@woonomic Justin Sun's quote: "The biggest problem is too much money."

Right underneath, "Goodbye world" - dude that suicided after 100x leverage and lost 2000 BTC

Savage...the rest aren't worthwhile memes

@woonomic Next picture of 3 guys and convos,

"You can get rich overnight", "Bitcoin is a fraud", "People that buy Bitcoin are dumb

@woonomic In sequence now

"Everyone's talking about Bitcoin, but no one really understands it."

"I'm so confused, I don't understand it"

@woonomic Part 1, What is Bitcoin

Blockchain, P2P, Precision calculation?

21 mill cap, 25 BTC block reward 2012 - 2016, 12.5 2016-2020 and so on...

@woonomic Characteristics of Bitcoin:

Decentralised, price fluctuation, hard to fake, no tax???, anonymous

@woonomic - Marry Me.

- Why?

- I have Bitcoin, don't ask mom or dad or the bank. I can transfer money any time

- Let's get married..

@woonomic 2008 Nakamoto published "A P2P Electronic cash payment system"

Timeline of 50 BTC per block reward, 10,000 for pizza, 1 BTC = $100 USD, Mt. Gox, Price goes up and down, Libra

@woonomic Girl thinks about why she would care about Nakamoto. Doesn't care if he's handsome, no girlfriend? Big head midget lady says no one knows the identity of Nakamoto

@woonomic Part 2: Why Bitcoin's price is going crazy?

Dudes in traditional clothes talk about Bitcoin's price being a roller coaster, dude on the right saying if he bought 10 years ago, he'd have more money than famous rich dudes.

@woonomic Why is Bitcoin so valuable? Scarcity, only 21 million. (They nailed this one)

Mining gets harder and harder while computing power gets slower? (They missed this one)

@woonomic Bitcoin can buy physical goods

SAFE HAVEN AGAINST INFLATION. Zimbabwe dollar comparison being made

@woonomic They got a black dude saying that you need sacks of money to buy matches, better to buy Bitcoin. Lmao

@woonomic Part 3: Bitcoin's Development

Bitcoin ATM's become widely available. First one in Vancouver, represent

@woonomic Bitcoin may develop a payment network. In that infographic, they have it as medium of exchange to buy services, for trading, and for exchange.

@woonomic Cross border applications are more widely used. Bitcoin transaction fees are low, cross governments and institutions, cross border payments are instantaneous

@woonomic There are also big honchos that say Bitcoin is worthless

Ray Dalio says it's a speculative bubble. Jamie Dimon calls it a scam. Warren Buffett rat poison squared blah blah

@woonomic Last one is weird. Reporter comments that Li Xiaolai (biggest Bitcoin hodler in China) has 6 digits of BTC. Dude flexes by lighting cigarette with fiat

@woonomic Also says he's lowkey.

Reporter: You're so rich, why do you still sell courses for 19.9 Yuan?

- I'm not selling classes, you're trippin' bro

@woonomic This be a shot at alt-coins

Reporter: Can you tell me which coins are successful?

- Follow me, I'll send you a self-help book?

INVESTORS CAUTION, SPECULATIVE CURRENCY

@woonomic Word, these Chinese corporate folks can't meme for shiet