Nick Giambruno Profile picture
Contrarian Speculator | Geopolitical Analyst | Investment Professional #nostr: npub1wgjh30uxvvepumxhl3qlfzmt4chueprxmcvrxyw0wjtv9m4w8zwq3se082
Nov 15, 2022 13 tweets 2 min read
Here is something most people—even those familiar with cryptocurrencies—don’t understand.

It’s the simple reason why Bitcoin different from shitcoins.

Many billionaires don’t get it either.

But after reading this short thread, you will understand something they don’t. 🧵👇 The sovereignty in Bitcoin is not with the developers, the miners, insiders, influencers, large holders, or any individual or group.
Nov 2, 2022 9 tweets 2 min read
Last year, Nigeria launched its much-ballyhooed eNaira, Africa’s first central bank digital currency (CBDC).

The jury is now in.

The eNaira has been a massive failure.

Here’s what really comes next...

Hint: it’s not what the elites hoped for Central bankers, academics, politicians, and an assortment of elites from over 100 countries hoping to launch their own CBDCs have closely followed the eNaira.
Apr 30, 2021 9 tweets 2 min read
Here are 7 reasons I am not optimistic about Ethereum’s long-term future.

#1. It is not immutable and can be censored. The developers can roll back transactions and change the rules whenever they want. They can also be pressured by others – such as governments. #2. ETH's scarcity is artificial. The developers – who prefer inflation – control its monetary policy, which is arbitrary, uncapped, and challenging to audit.

What will the ETH supply be in 5 years?

It could be 120 million, 500 million, 200 billion, 2 trillion... nobody knows.