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BitcoinPierre
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Institutional capital has not fully priced the drastic reduction in trust costs represented by
Bitcoin
's self-verifiable supply and permissionless transfer.
#BTC
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BitcoinPierre
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Bitcoin is up 550% over the past 2.5 years
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Not holding any bitcoin is too risky.
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Central banks rely on seigniorage, capital controls, and legal tender laws to maintain monetary monopoly, those tools are can backfire when used against a network that anyone can join with an internet connection and electricity. Bitcoin creates a decision dilemma.
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From 10 years ago, I stand by it. The blocksize limit continues to be the main reason why Bitcoin is decentralized.
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Bitcoin has a $2.1 trillion market cap
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