Mainstream economists are renowned for bashing on #Bitcoin. Anthropologists, on the other hand, are becoming more and more interested in it. Why?

TL;DR: they take different views of the truth of what is money.

https://twitter.com/BitcoinMagazine/status/1391513355400192001

🧵 🤡 Nobel Prize winning economist @paulkrugman, @Nouriel, @steve_hanke, and many others systematically dismissing #Bitcoin as a bubble, tulip, or speculation asset, with little regard to how people actually use it and view it today.

Just finished reading "When Money Dies" by Adam Ferguson, and thought I'd share a tweet summary of it.

TL;DR: "Inflation is a form of expropriation of some classes of society during times of peace".

PS: Expect lots of 🖨💵

Thread 👇

/1 1914-24 Weimar Republic highlights:

Money printing (🖨💵) to finance WW1 → 🖨💵 to abate unemployment/ economic stagnation → Prices rise →🖨💵 to abate inflation → Inflation spirals → Speculation & corruption grows → Inequality, discontent, political extremism rises.

/2

#Bitcoin adoption in S. Korea.

TLDR:
- Cryptocurrency market is very big in S. Korea
- Investor behaviour driven by short-term speculation.
- Hwvr, investors are seeing opportunity in trusting software rather than banks, states & institutions.

rasr.rice.edu/RASR_V4_FINAL.…

1/ 🇰🇷 2/ 🇰🇷

⚠️Limitation: researcher doesn't seem to have actually interviewed any S Korean crypto investors😅

rasr.rice.edu/RASR_V4_FINAL.…

Bitcoin has a branding problem. While we might not care this is largely reducing Bitcoin's accessibility to the masses.

And while #Bitcoin is an amazing technology in itself, I believe the missing link lies in leveraging its culture, the #Hodlculture.

Thread + article👇🐔 2/
The Hodl culture not only has a basic understanding of Bitcoin, but coded inside its DNA are philosophical beliefs of btc as hard money, self-sovereignty, safety & behavioural heuristics such as long-term investing & stick to bitcoin.

Follow the white rabbit, follow #Bitcoin

Buy on @rariblecom, 30 in stock.

Art description below. 👇

app.rarible.com/token/0xd07dc4… 1/

And so we did. Down the rabbit hole we went. Navigating the intricate webs of blockchain nodes and Merkel trees.

Like a psychedelic it brought clear vision and re-found purpose. Finance, monetary theory, politics, economics, cryptography. All is revealed.

Which kinds of freedom does #Bitcoin enable?

My initial thoughts are that:
- Bitcoin is primarily an object for individual freedom, but
- It has the potential to grow into one for human freedom more generally that transcends any political affiliation

🕊️👇 Firstly, Bitcoin is about individual freedom. 🙋

Holders will be granted financial sovereignty transcending the will of banks & govts.

This also applies to the freedom of individual wrong doers -who restrict freedoms of others. Hence gathering support from the political right.

The big picture of the state of crypto adoption:

"Today [2018], cryptocurrencies have .003% to .03% global market share. By comparison, that puts us at roughly 1983 in terms of mobile phone development. The Motorola handheld."

medium.com/@nickrussell/b… Although, one might argue that time is passing faster in the 21st century, and the pandemic is "blasting us years Into the Future"

marker.medium.com/our-economy-wa…

@MichellePhan If you don't watch out you'll soon have more Bitcoin fans on Twitter than followers on Instagram! 🤣 Since you're new to crypto-twitter, I wanted to reach out to introduce myself and the moneymail.ai team: @lwsnbaker @_AliceMa_ @Thogori

Our heart is close to internet creators: we want to make it easy for them to receive tips during their live streams! 📹💸

Who thinks online payments should be easier? 🙋

Clearly, @beondeck get's it - they awarded us the gold! 🥇

Congrats to the amazing team, It's been a true pleasure working alongside you @lwsnbaker @gilad_k @_AliceMa_ @Thogori

More on product below: moneymail.ai.👇

https://twitter.com/beondeck/status/1253084873742376960

So, who thinks payments on video should be easier?

Apparently online streamers do!📸

After conducing initial interviews we discovered MAJOR hurdles for both creators and consumers🏃‍♂️

> anxiety about requesting money
> excessive touchpoints
> ads not making a difference
etc...

#Bitcoin Sats Card concept.

Includes:
- You own your assets (not a 'credit' card)
- Public Key (not the payment number)
- Avatar Name (not your real name)
- QR Code (receive payments!)
- Chip (lightning node, secured private key)
- Powered by Bitcoin Lightning (no @Mastercard) @RTL_App @lightning @LightningJoule @CasaHODL @coinbase @krakenfx @ShapeShift_io we are coming for you!

FinTechs in the UK: are you planning to enable QR-code payments to your mobile Apps?
Answer please please please...

@monzo
@StarlingBank
@RevolutApp
@lwsnbaker @monese sorry missed you there, buddy.

The pandemic should make us a whole lot more appreciative of the internet. Also good to remember there's a lot more to build on it. Here's something I wrote about that:

👇Thread ⚡️
#internet #corona
hackernoon.com/the-pandemic-i… 1/
Coronavirus is keeping us indoors. The internet is playing a 🔑 role in monitoring the virus, finding a cure, and letting us live 'as usual' in these unusual times. 🖥️

A quick & dirty calculation on the number of #coronavirus in China, Italy and UK.

What it shows is that Italy might reach a similar number of cases as China in around a month's time.

Thread 👇 Wuhan city was quarantined around the 22 of Jan, and the wider region in 29 of Jan.

Back then the number of cases in China was less than 10,000.

Similarly, today Italy has almost 10,000 cases and the entire country was quarantined.

@BitcoinMemer @BitcoinMemeCore @CryptoScamHub

The meme gurus might appreciate this one 'biblical meme'. Let's call it #thefruitofknowledge.

Adam and Eve go against the will of God and eat the fruit of knowledge, which grants them the power to distinguish good from evil. Similarly to the fruit of knowledge #bitcoin...

* enables us to see the excessive monetary power of the state, which it makes manifest through #QE, negative interest rates...

* goes against the will of the State, which claims divine power over us through manipulation of money.

What if you woke up from a coma in 2030 and found that Bitcoin SV was the de facto #Bitcoin? Looking back at history, it's not always the most authentic versions of truth that make 'mass adoption' but the most ideologically founded, universally accepting and emotionally grabbing.

Facebook could be jumping in it's own coffin with Libra. #Libra #Facebook This is because:

Cryptocurrencies and blockchain are the solutions to the problem of data ownership we are experiencing today.