SaifedeanAmmous
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šØ BREAKING: Saifedean Ammous Drops a Bombshell!
āWhen Bitcoin hits $200,000ā¦ the dollar is almost dead.ā ššø
The author of The Bitcoin Standard isnāt mincing words. Ammous sees the fiat system on life supportāand Bitcoin as the cure. š§ ā”
š„ $BTC isnāt just risingāitās rewriting the rules of global finance.
š° $200K isnāt a price target. Itās a paradigm shift.
š” Are you ready for the flippening?
š¢ Is your portfolio prepared for the post-dollar era?
#Bitcoin200K #CryptoRevolution #SaifedeanAmmous #BTCvsUSD #BinanceHODLer0G $BTC
āWhen Bitcoin hits $200,000ā¦ the dollar is almost dead.ā ššø
The author of The Bitcoin Standard isnāt mincing words. Ammous sees the fiat system on life supportāand Bitcoin as the cure. š§ ā”
š„ $BTC isnāt just risingāitās rewriting the rules of global finance.
š° $200K isnāt a price target. Itās a paradigm shift.
š” Are you ready for the flippening?
š¢ Is your portfolio prepared for the post-dollar era?
#Bitcoin200K #CryptoRevolution #SaifedeanAmmous #BTCvsUSD #BinanceHODLer0G $BTC
š šSaifedean Ammous ā Economist and Authoršš
Saifedean Ammous is an economist and the author of "The Bitcoin Standard" a highly influential book that advocates for Bitcoin as the future of money.
Bitcoin Advocacy
Ammous is a leading Bitcoin maximalist who argues that Bitcoin is the best store of value and that it provides a sound monetary system free from inflationary policies and central bank manipulation. His book has played a pivotal role in shaping the understanding of Bitcoin as an alternative to fiat currencies.
Influence in the Crypto Space
Ammous is a highly respected figure in the Bitcoin community. His writings and lectures have influenced both new Bitcoin enthusiasts and seasoned investors, solidifying his position as a thought leader in Bitcoin's economic and philosophical discussions.
Public Advocacy
Ammous frequently speaks on Bitcoinās economic principles, emphasizing its sound money qualities over traditional fiat currencies. He promotes Bitcoin's resistance to inflation and decentralization as key advantages in creating a fair and sustainable global financial system.
Bitcoin as the Best Store of Value
Ammous argues that Bitcoinās fixed supply makes it superior to gold, the current store of value. He highlights Bitcoin's digital scarcity and censorship resistance as critical qualities that make it the ultimate solution for the global monetary system.
Long-term Commitment
Ammous is committed to the idea that Bitcoin will eventually replace fiat currencies and centralized banking systems, restoring financial sovereignty to individuals around the world.
In short, Saifedean Ammous is a Bitcoin maximalist whose work in promoting Bitcoin as a sound monetary system has made him a key figure in Bitcoinās economic and philosophical circles.
#CryptoNews #SaifedeanAmmous $BTC
Saifedean Ammous is an economist and the author of "The Bitcoin Standard" a highly influential book that advocates for Bitcoin as the future of money.
Bitcoin Advocacy
Ammous is a leading Bitcoin maximalist who argues that Bitcoin is the best store of value and that it provides a sound monetary system free from inflationary policies and central bank manipulation. His book has played a pivotal role in shaping the understanding of Bitcoin as an alternative to fiat currencies.
Influence in the Crypto Space
Ammous is a highly respected figure in the Bitcoin community. His writings and lectures have influenced both new Bitcoin enthusiasts and seasoned investors, solidifying his position as a thought leader in Bitcoin's economic and philosophical discussions.
Public Advocacy
Ammous frequently speaks on Bitcoinās economic principles, emphasizing its sound money qualities over traditional fiat currencies. He promotes Bitcoin's resistance to inflation and decentralization as key advantages in creating a fair and sustainable global financial system.
Bitcoin as the Best Store of Value
Ammous argues that Bitcoinās fixed supply makes it superior to gold, the current store of value. He highlights Bitcoin's digital scarcity and censorship resistance as critical qualities that make it the ultimate solution for the global monetary system.
Long-term Commitment
Ammous is committed to the idea that Bitcoin will eventually replace fiat currencies and centralized banking systems, restoring financial sovereignty to individuals around the world.
In short, Saifedean Ammous is a Bitcoin maximalist whose work in promoting Bitcoin as a sound monetary system has made him a key figure in Bitcoinās economic and philosophical circles.
#CryptoNews #SaifedeanAmmous $BTC
š šWhat Is a Bitcoin maximalistāļø
A Bitcoin maximalist is someone who believes that Bitcoin is the only cryptocurrency that will ultimately succeed in the long run.
They argue that Bitcoin is the most secure, decentralized, and trustworthy digital currency, and they often view other cryptocurrencies (altcoins) as inferior or unnecessary.
Maximalists typically think Bitcoin will become the dominant global currency and that other projects won't achieve the same level of adoption or security.
In short, they have strong faith in Bitcoinās future and are usually highly skeptical of competing digital currencies.
Bitcoin maximalism is more of a belief or ideology than a specific group of people, but there are some prominent individuals known for strongly advocating for Bitcoin over other cryptocurrencies.
Hereās a list of top Bitcoin maximalists based on their influence, contributions to the space, and public support for Bitcoin:
1. Michael Saylor
2. Elon Musk
3. Jack Dorsey
4. Max Keiser
5. Peter McCormack
6. Adam Back
7. Saifedean Ammous
8. Jameson Lopp
9. Robert Breedlove
10. Gregory Maxwell
These individuals have significantly contributed to the global adoption and promotion of Bitcoin, and they frequently advocate for the idea that Bitcoin will remain the dominant cryptocurrency.
#CryptoNews #BitcoinMaximalist $BTC
A Bitcoin maximalist is someone who believes that Bitcoin is the only cryptocurrency that will ultimately succeed in the long run.
They argue that Bitcoin is the most secure, decentralized, and trustworthy digital currency, and they often view other cryptocurrencies (altcoins) as inferior or unnecessary.
Maximalists typically think Bitcoin will become the dominant global currency and that other projects won't achieve the same level of adoption or security.
In short, they have strong faith in Bitcoinās future and are usually highly skeptical of competing digital currencies.
Bitcoin maximalism is more of a belief or ideology than a specific group of people, but there are some prominent individuals known for strongly advocating for Bitcoin over other cryptocurrencies.
Hereās a list of top Bitcoin maximalists based on their influence, contributions to the space, and public support for Bitcoin:
1. Michael Saylor
2. Elon Musk
3. Jack Dorsey
4. Max Keiser
5. Peter McCormack
6. Adam Back
7. Saifedean Ammous
8. Jameson Lopp
9. Robert Breedlove
10. Gregory Maxwell
These individuals have significantly contributed to the global adoption and promotion of Bitcoin, and they frequently advocate for the idea that Bitcoin will remain the dominant cryptocurrency.
#CryptoNews #BitcoinMaximalist $BTC
See original
Debate on JPEG Spam in Bitcoin
What are the ecosystem leaders criticizing?
Adam Back (CEO of Blockstream)
He has labeled the growing phenomenon of inscribing images directly on the Bitcoin blockchain as 'JPEG spam.'
He points out that from May to September, the total number of registrations reached over 105 million, generating up to 7,000 BTC in fees, but contributing only 0.1% to the miners' profits. According to him, this represents a reputational risk and hinders access to the system as real currency.
Adam Back (CEO of Blockstream)
He has labeled the growing phenomenon of inscribing images directly on the Bitcoin blockchain as 'JPEG spam.'
He points out that from May to September, the total number of registrations reached over 105 million, generating up to 7,000 BTC in fees, but contributing only 0.1% to the miners' profits. According to him, this represents a reputational risk and hinders access to the system as real currency.
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Although Saylor holds 10 million BTC, Bitcoin remains rock solid ā A statement from the author of The Bitcoin Standard
The cryptocurrency market has just received another positive perspective from #SaifedeanAmmous , the author of the famous book The Bitcoin Standard, as he argues that even in the most extreme scenarios, Bitcoin cannot be manipulated.
Specifically, Saifedean assumes that if #MichaelSaylor and Strategy company own up to 10 million BTC ā nearly half of the supply, this does not mean Bitcoin is under threat. Because if Saylor were to do anything detrimental to the ecosystem, such as proposing to increase the BTC supply, the value of the assets he holds would also drop significantly, making such an action financially irrational.
Moreover, he emphasizes that Bitcoin in funds like Strategy or BlackRock's ETF is essentially an asset belonging to shareholders and investors. If these institutions behave incorrectly, the owners will sell their shares or withdraw capital to other channels, creating a self-balancing market mechanism that protects users.
This viewpoint reinforces the belief that Bitcoin is a robust decentralized system, not easily disrupted by any individual or organization. That is why Bitcoin is considered a long-term store of value, even when the market is volatile. #anhbacong
Risk Warning: The cryptocurrency market always carries risks and high volatility. The content of this article is not investment advice. Readers need to conduct thorough research before making financial decisions.
The cryptocurrency market has just received another positive perspective from #SaifedeanAmmous , the author of the famous book The Bitcoin Standard, as he argues that even in the most extreme scenarios, Bitcoin cannot be manipulated.
Specifically, Saifedean assumes that if #MichaelSaylor and Strategy company own up to 10 million BTC ā nearly half of the supply, this does not mean Bitcoin is under threat. Because if Saylor were to do anything detrimental to the ecosystem, such as proposing to increase the BTC supply, the value of the assets he holds would also drop significantly, making such an action financially irrational.
Moreover, he emphasizes that Bitcoin in funds like Strategy or BlackRock's ETF is essentially an asset belonging to shareholders and investors. If these institutions behave incorrectly, the owners will sell their shares or withdraw capital to other channels, creating a self-balancing market mechanism that protects users.
This viewpoint reinforces the belief that Bitcoin is a robust decentralized system, not easily disrupted by any individual or organization. That is why Bitcoin is considered a long-term store of value, even when the market is volatile. #anhbacong
Risk Warning: The cryptocurrency market always carries risks and high volatility. The content of this article is not investment advice. Readers need to conduct thorough research before making financial decisions.
See original
5 valuable crypto tips from Saifedean Ammous that I heard directly in Hanoi last May
- Saifedean Ammous is a Professor of Economics at the Lebanese American University and a member of the Center for Capitalism and Society at Columbia University. He holds a Master's degree in Sustainable Development from Columbia University.
- Saifedean Ammous is the author of several economics books translated into many languages, including the book 'Bitcoin Standard' which has been translated into Vietnamese.
5 tips from Saifedean Ammous:
1. Only buy BTC for the long term
2. Do not trade
3. Do not buy Altcoins
4. Do not mine coins
5. Do not sell BTC for less than 5 years
#BitcoinStandard
#SaifedeanAmmous $BTC
- Saifedean Ammous is a Professor of Economics at the Lebanese American University and a member of the Center for Capitalism and Society at Columbia University. He holds a Master's degree in Sustainable Development from Columbia University.
- Saifedean Ammous is the author of several economics books translated into many languages, including the book 'Bitcoin Standard' which has been translated into Vietnamese.
5 tips from Saifedean Ammous:
1. Only buy BTC for the long term
2. Do not trade
3. Do not buy Altcoins
4. Do not mine coins
5. Do not sell BTC for less than 5 years
#BitcoinStandard
#SaifedeanAmmous $BTC
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