The $500T use case for #Bitcoin? Capture the value you create today and bring it with you into tomorrow. Every day you trade your hard work for something, hoping it will afford you the things you’ll need in the future. Fiat is broken. Bitcoin is the fix.

Replies (44)

sati's avatar
sati 4 months ago
The thing should be called bloomberg btc not bloomberg crypto dumb asses!
Jocelyn Hinoue's avatar
Jocelyn Hinoue 4 months ago
Thanks for clarifying for him. Bitcoin is the crypto, not a crypto and all the rest are mostly scams. Always annoys me when they bundle bitcoin with crypto with a broad brush. Not the same.
Alton's avatar
Alton 4 months ago
Thought you were too diplomatic. How about: Jack, my net worth is a lot more than yours, so STFU and follow me.
“I just want to be clear, is Bitcoin not crypto.” “Well that’s just your view though. That’s just the crypto you’re focused on.” 🤦‍♂️
I prefer Monero over Bitcoin, but you are not offering and likely never will because your not a real cypherpunk.
BBG's avatar
BBG 4 months ago
Is anyone actually listening ?? How many more times does it need to be spelled out, keep it up Jack 🤟🏻
11ChaseW's avatar
11ChaseW 4 months ago
Always such a moving message, bravo
cinta's avatar
cinta 4 months ago
i wish there is some positive energy in Indonesia about bitcoin , compare to India , Indonesia is still left behind and people have stigma that it is some sort of scam .
Monero is good for spending as currency but it'll never have the kind of value Bitcoin has for various reasons. Monero good for spending, but only Bitcoin for savings.
Love you and your work, but we have to stop letting fiat off the moral hook with “fiat is broken” There is no repairing it. It’s fucking evil: a universally scalable instrument of enslavement. The moral case, grounded back to Aristotle, is laid out in an accessible form in my book “Modern Chains” Let me know and I’ll hook you up with a copy.
Baerson's avatar
Baerson 4 months ago
You said mostly. You're not there yet.
Jocelyn Hinoue's avatar
Jocelyn Hinoue 4 months ago
Well you are right. Anything else is just a scam with pre mine, pump and dump etc.
curt finch 's avatar
curt finch 4 months ago
The more I'm immersed in this environment of bitcoiners the more I see people working their ass off to tread water with a 7% monetary inflation rate You get a 6% raise and you're behind And nobody sees the tragedy all around them "Dude your water is murky. You're swimming in dirty water " "What is water?"
Given that the rapid rate of technology can make what is "state of the art" today, look like a dinosaur in the future, why the reliance on software as a replacement for money? This Bitcoin hysteria is cultish. Gold persists because technology cannot surpass it's intrinsic value. Bitcoin is just (a) flavor of the month, and (b) already technologically surpassed by newer, more useful cryptos. I posit the only reason BTC has people still excited is momentum on "number go up". Momentum always recedes.
So absolutely eloquently put Jack. Your voice in this space fills me with hope. To truly shift the paradigm we need to fundamentally change our perspectives and your words here matter. Love it
Platinum Bear's avatar
Platinum Bear 3 months ago
Eventually, people will wake up to the reality of currency is just paper. When that happens people will flood into hard assets: real estate, bitcoin, precious metals. People will choose Bitcoin because it has by far the biggest ecosystem. I don’t think people are looking for “cool” or “flash” crypto. I think they are looking for the hardest money. Nobody is looking to have their wealth debased. That’s why so many crypto don’t qualify for a good money.
I wouldn't say Bitcoin is a hard asset though. Its strongest asset is network effect. But Nokia once had a dominant network effect, as did Blackberry after it. But they each got superseded by newer technologies that were well marketed. This cannot happen to gold or real estate, because their value is intrinsic. They are not susceptible to technological innovations like Bitcoin or Nokia are. If Bitcoin meets its iPhone-equivalent successor, there is no value inside a Bitcoin that can retain its worth.