When Bitcoin passes gold’s market cap in 10 or 20 years, everyone will remember that Paul Tudor Jones’ public choice in May 2020 was the tipping point for Bitcoin.
The Bitcoin Tipping Point Did Occur in 2020.
Month: March 2021
ASSET DNA: Explaining Bitcoin’s speculative attack on the dollar.
The logical conclusion of this trend is that eventually, nobody will be willing to lend dollars when they can just buy bitcoin with those dollars themselves. And once the world has reached that level of understanding of bitcoin, it’s game over.
https://bitcoinmagazine.com/culture/asset-dna-explaining-bitcoins-speculative-attack-on-the-dollar
Bitcoin will save our earth.
In Bitcoin’s case, the novel technology provides energy producers a radically new way to monetize energy, and as a result it will permeate every energy production site across the globe. This will push down the profitable price of energy for all miners, driving more energy efficiency as wasted, stranded and renewable sources with near-zero (or below zero) energy cost are sought out to power mining facilities.
https://bitcoinmagazine.com/business/bitcoin-will-save-our-earth
The Bitcoin reformation.
This report makes the case that the 21st century emergence of bitcoin,
encryption, the internet, and millennials are more than just trends; they herald a wave of change that exhibits similar dynamics as the 16-17th century
revolution that took place in Europe.
Bitcoin’s hierarchy of needs.
Bitcoin achieves the unit of account (UoA) status for everyone globally while simultaneously becoming the most desirable asset to own. Which only encourages more people to continue using it as their store of value (Sov) and medium of exchange (MoE).
https://bitcoinmagazine.com/culture/bitcoins-hierarchy-of-needs
Bitcoin Loans: The Ultimate Guide to Bitcoin-Backed Loans.
Bitcoin-backed US dollar loans may be a good option for those who have held bitcoin long-term, have a relatively low tax basis, and need access to dollars. As bitcoin becomes a larger share of an individual’s overall assets, many holders would like to improve their lives by accessing the liquidity from bitcoin gains.
Free Men Don’t Ask Permission.
Free men don’t ask permission to transact with each other and don’t rely on the legacy third-party financial institutions that operate in tandem with State authorities.
Eight years as a Bitcoin hodler.
Back in 2013 I first read the word ‘Bitcoin’ in a news article about a bank bail-in in Cyprus. The government was in debt and their solution was raiding personal bank accounts. The article mentioned this also led to a boon in Bitcoin — a new digital currency that existed beyond the reach of the government.
https://medium.datadriveninvestor.com/eight-years-as-a-bitcoin-hodler-4a84c5df859a
