Martin Mladenov's avatar
Martin Mladenov
npub1ja0y...qz03
🇧🇬 Bulgarian coder working with PHP and JS, a Bitcoin maxi driven by financial freedom. Huge Nostr fan and all about that decentralized life! #bitcoin #nostr
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mvmrik 1 year ago
Some Bitcoin maxis have stopped buying Bitcoin, claiming they bought at low prices and it’s no longer worth it. They now hold or occasionally spend. I believe this harms Bitcoin’s network, which needs constant use. Every true maxi should buy regardless of price. Why don’t they, if they expect the price to exceed a million? Do they doubt it?
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mvmrik 1 year ago
Human DNA exists in every cell, with the same code copied across cells to transmit an individual's genetic information. This is decentralization—a single organism composed of many separate nodes. Do you see a similarity to Bitcoin?
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mvmrik 1 year ago
China dumping 15,000 BTC to buy gold is a head-scratcher, especially after Germany’s massive fumble selling 50,000 BTC at $50k. Bitcoin’s the ultimate scarce asset—21 million cap, no inflation, pure digital gold. Gold’s fine, but it’s heavy, costly to store, and doesn’t have Bitcoin’s upside. With BTC pushing $80k and beyond, this move could haunt China when Bitcoin moons. HODLers are laughing—another nation underestimating the king of crypto. Regret’s coming, and it’ll be epic.
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mvmrik 1 year ago
What happens to banks if the US sells gold and buys Bitcoin? Most banks hold gold reserves. How will this impact them, as the price of gold will likely collapse?