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BitcoinPierre
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BitcoinPierre
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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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If you think bitcoin is going to zero, you should short it with leverage. Not financial advice.
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Elizabeth Warren will try to ban bitcoin treasury companies but she will fail, and her attack will backfire by accelerating adoption.
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