The Bank for International Settlement #BIS's annual economic report (june22 of 138 pages) proves every single word in the #Bitcoin white paper ⚡️bitcoin.org/en/bitcoin-pap…

If you think the fiat world is ugly now.
It's only getting uglier.

🧻bis.org/publ/arpdf/ar2…

🧵My views👇🏽
The number of times these words were mentioned (order per #) within 138 pages.
#Web3 1
#USDT 3
#binance 6
#leverage 6
#Coinbase 10
#ethereum 12
#Tether 15
#luna 27
#bitcoin 28
#decentralised 30
#terra 37
#centralised 53
#DeFi 63
#stablecoin 71
#cbdc 110
#crypto 214
OK info about this report:
+ Highlighted some of the risks within the shitcoinery world (stable coins, crypto, Defi)
+ Confirmed that all shitcoins are copying #Bitcoin and following its behavior
+ Attacking lack of regulations leading to rug pulls like Terra Luna
+ USDT risk
Negative info about this report:
The mainstream propaganda is getting outrageously worse. They're painting the savior picture, again. While all our CBDC concerns seem to be inevident.
This report proves Bitcoin's ethos.

This makes me more convinced that the only attack vector that would weaken #BTC won't ever happen.

The world monetary system has failed since the 1st modern financial crisis in 1720.

The Fiat world will continue working against us.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Sooly⚡️سولي

Sooly⚡️سولي Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Sooly_Kobayashi

Jun 30
21 #bitcoin Revolutions 🧵 Image
#bitcoin is the revolution of separating money from state.
#bitcoin is the revolution of moving sound money in time and space.
Read 23 tweets
Jun 30
خبر مهم بحياة #بيتكوين

أوّل صندوق تداول صرف البيتكوين على السعر الحاضر أُعلن بداية تداوله في سوق امستردام الهولندي المالي إبتداءً من الشهر القادم.(غداً)

معلومات عن هذا ال بيتكوين سبوت اي تي اف
👇🏼 Image
اسمه
Jacobi Bitcoin ETF
رمزه
BCOIN
كوده
BCOIN, ISIN: GG00BMTPK874
ضمن
Euronext Amsterdam
تكملة👇🏼 Image
هذا الصندوق ووفق عليه في اكتوبر ٢٠٢١
سيتفعّل الشهر القادم

شو يعني؟👇🏼 Image
Read 7 tweets
Jul 2, 2021
"We're hearin about #Lebanon's economic situation.
Vs.
We're seein a crazy clubbin nightlife on social media.
How r people goin out & spendin given the disastrous Lebanese situation?" @TheRealTahinis
Ali asked me this Q yesterday on Clubhouse, and I answered briefly:
⫸Thread⫷ Image
- Lebanon's post-war era (1990-Present) vs. the three main sectors of the economy (Agriculture, Manufacturing & Services) that haven't been built neither for self-sufficiency nor for export.
- How lively Lebanese are by nature.
- How luxurious cars in Leb are bought on credit.
- How Lebanese like to enjoy life at the expense of being realistic sometimes.
- How most Lebanese families in Lebanon have family members that are abroad working as expats worldwide. These Lebanese expats do send hard currencies to their families.
Read 16 tweets
Apr 29, 2021
Countries are working on their own #DigitalCurrency. "Having a centralized digital currency seems like a more soft-touch way of introducing cryptocurrencies into society." this serves #BTC's price and ideology.
As of 2016, over 24 countries are investing in distributed ledger technologies (DLT) with $1.4bn in investments. In addition, over 90 central banks are engaged in DLT discussions, including implications of a central bank-issued digital currency. en.wikipedia.org/wiki/Digital_c…
Innovators like Ecuador, China, Senegal, Singapore, Tunisia, though these countries will not be standing alone for long with Estonia, Japan, Palestine, Russia and Sweden looking to launch their own national cryptocurrencies. bit.ly/3t4JkZA
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(