1) The no.1 looser is going to be gold in front of #Bitcoin
1/17
2) Bitcoin is a bank in cyberspace.
3) Amazon, Facebook, Apple will are going to be the biggest banks in cyberspace. They all will accept Bitcoin.
4) Square, Robinhood, and Cash app are already killing amazon, google, and Facebook. They all are going to consider Bitcoin.
5) Bitcoin is a digital property in cyberspace. 7 billion people on the planet can own it.
6) I never used Tether to date.
7) Massive demand for stablecoins but regulatory environment is a big challenge.
8) The underlying significance of laser eyes is to have a long-term strategy.
9) In times to come billion people will have digital smartphones with digital photos, digital apps and these billion will store digital property on phones.
10) There are 150 factors associated with Bitcoin. It is an energy protocol.
11) Don't focus on Bitcoin minute by minute. Have a larger picture. 8 Billion will have smartphones.
12) There are only 11,000 cryptos and I only own ONE.
13) Buy bitcoin put it in cold storage and meet me after a decade.
14) Investing in other crypto is like investing in equities. This means you have a high risk for low returns.
15) You don't need to invest in the next Instagram, Facebook, Microsoft, Just pick Bitcoin and get network effect.
16) If tomorrow amazon accepts bitcoin, PayPal builds products over bitcoin.
Your Bitcoin in the cold storage will be growing without taking risks.
17) Do not juggle too many razor blades (altcoins) in life.
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China🇨🇳 state-backed #Blockchain is integrating with 6 public blockchains.
Now just imagine anyone from anywhere will be able to build apps and run nodes using data storage and bandwidth from BSN’s overseas data centers.
🇨🇳wants to be the only infra provider to all the firms.
To add on to this we all know that 🇨🇳 controls more than half of the world’s Bitcoin mining operations — upward of 65% of the computing power to mine #Bitcoin. No other country is anywhere near that number.
What Mr. Garg said yesterday and its implications:
1. Mr. Garg's body language was very receptive yesterday he had a smile on his face for an hour and he was genuinely interested in the discussion. Yes, that could be because he is not holding the chair anymore.
Part-1...
2. Mr. Garg seemed hostile toward the word "Currencies" as no one other than a sovereign nation has the right and duty to issue and manage "currencies".
This is ok as there is hardly any nation on planet who is willing to allow crypto as "Legal Tender".
Part-2..
Mr. Garg seemed impressed with the setup, background of speakers, and obviously, the number of viewers registered to listen to his views. On quite a number of occasions, he called @NischalShetty by his name and added his views to his examples.