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With all the hype about #BTC 
being near its ATH, we’re seeing a lot of new interest from people who weren’t exposed to crypto before.
For those people, it’s important to understand just why #Bitcoin is going wild again, as well as just how wild it might go.
Making a thread ->
being near its ATH, we’re seeing a lot of new interest from people who weren’t exposed to crypto before.For those people, it’s important to understand just why #Bitcoin
is going wild again, as well as just how wild it might go.Making a thread ->
The thing is, Bitcoin is ideal as a store of value. Impossible to counterfeit, absolutely resistant to all forms of centralized control, and with a fixed max supply.
This makes it somewhat comparable to #Gold, but, unlike gold, it’s also the best payment system in history.
This makes it somewhat comparable to #Gold, but, unlike gold, it’s also the best payment system in history.
Gold obviously wouldn’t work as a cross-border payment system. The only way to make it useful is to tokenize it.
When you do that, the tokens might be as safe as BTC, but you’re still trusting a centralized authority to guarantee that the tokens are backed by gold.
When you do that, the tokens might be as safe as BTC, but you’re still trusting a centralized authority to guarantee that the tokens are backed by gold.
With BTC, you’re not trusting any single organization, bank or government. Your keys, your value.
Fiat currencies inflate, banks fail, governments collapse.
Fiat currencies inflate, banks fail, governments collapse.
Like gold, BTC is valuable because the whole world sees it as such, not because some government said so.
Unlike gold, BTC and crypto is ushering in a revolution that will be as radical as the emergence of the internet. The future is now. Don’t be late to the party.
That's all.
Unlike gold, BTC and crypto is ushering in a revolution that will be as radical as the emergence of the internet. The future is now. Don’t be late to the party.
That's all.
