John 8:12 ❤️ | Head of Sales and Marketing @Metify_inc 🦉| Formerly @Securitize @TheBlockPro__ & @Blackstone
Dec 23, 2020 • 24 tweets • 15 min read
The Macro Case for Bitcoin (Thread) from @TheBlockRes' 2020 YE Report.
TLDR: #Bitcoin perfected the concept of digital scarcity, the
value of which is priceless.💎
theblockcrypto.com/post/88463/202…
Over the long run, #Bitcoin, a censorship-resistance store of value that can be transferred and settled trustlessly in a peer-to-peer fashion might prove to be the equivalent of a “Monetary Elysium.”
Cred's downfall left more questions than answers, which is, unfortunately, common in the still-nascent cryptocurrency industry. #Bitcoin
Luckily, there is a trail of online ‘bread crumbs’ 🍞and court filings that help paint a picture. 👨🎨
It is best to start at the inception of Libra Credit, which conducted an ICO in Q2 2018. #Ethereum
The company successfully raised $26.4M in the LBA Token offering between May 1st and May 5th, 2018. 💰