Hi guys please check out my geyser 🙏🏻 it’s for my son, we have only 1 day left to launch it🙏🏻 View quoted note →

you are right, but barely anyone uses Bitcoin compared to the other two. why is that?

because scammers are better at marketing

Dun dun dun dun

Compared to the other two? Who is using crypto

Millions of people. From where I stand (I work at @npub1m7r9...ny2w) I can see a small sample and Bitcoin keeps loosing market share to crypto and stablecoins. Lightning usage is very small and isn't growing.

Bitcoin not crypto, this is the message that needs most effort to absorb with most people

Following the hype. The bitcoin dominance chart is telling a very different story

No hype, real market activity. Don't know what chart you are referring to.

I like the odd ball.

I would argue you have made a mistake about what “using money” means. Ask yourself which of the entire ecosystem do people want more and which do they trust the most? If you confuse the payment network for the money you’re gonna have a bad time.

Nah, it’s because scammers don’t actually want their tokens, they just trade them. Trusting bitcoin enough to buy it once and hold it for 10 years produces 1/100th of the transactions as someone who buys a crypto and then sells it when it goes up, then shorts it when it drops, buys it when it’s low, pumps it in his TG group, sells it at the high, stakes it to get another shitcoin governance token, withdraws it to redeem their airdrop, and buys 10 different super rare NFT diamond kitties to their address. But ask yourself, which of those two has more confidence and more desire to own which money?

Mic drop 😳

#BitcoinDevsWillFixThis.

But anyone can fork Bitcoin thus indicating that it has crypto potential... 😉

Search it, self explanatory 😉

#BitcoinCoreDevs: We can host unsavory images

Taxes, and who wants to spend/replace when you can just spend the Monopoly money.

Jamie Dimon can’t print money, but he has influence on who can. I think it’s Political / Central Bankers, to be slightly more precise. I think there’s momentum to minimizing the FED which is the first step of eliminating it. Trump ends the FED and eliminates taxes I think I’d call that a success.

#WeAreNotTheSame

Do you know you can earn daily from mining?, send me a dm

this is like the first good post I read from you. hmm, cool! View quoted note →

"You simply cannot work for something that someone else can just print." Someone once said something like that. Not sure who it was. Was it even the Guy who has read more about #Bitcoin than anyone else you (or I) know? @Guy Swann View quoted note →

Actually banks issue money as loans from nothing and without needing any reserves.

Issuing loans is their business. They can’t just print to cover their payroll, like the central bank, or to create a welfare system, like a congressman.

Issuing loans from nothing is still money printing, still inflated the supply, and allows them to make interest loaning out capital that they never owned. If I give you a loan to buy a car, but I never owned the car (or its value), then you paying me rent for it through the loan is essentially fraud. Yes this is how the banking system just works, but I’m saying it’s normal operation is a horrible system. 😁

Agree it’s horrible. There’s 10 people on an island (that’s the whole economy), 1 central banker who makes the shells (currency) and 3 private bankers. There’s 50 shells in existence but they have fractional reserve with 0% reserve requirements, and the central shell creator is the creator of last resort. Each banker loans out 50 shells for housing. Now there’s 200 shells in the economy but only 50 actual shells. If the three customers are hard workers and high earners it’s not *possible* for them to earn enough to pay back their loans, cuz there’s not enough physical shells. It’s easy to think that in the real world the problem is solved because it’s just numbers on a screen, but the only one that can add zeros in the end is the fed. If the bank could do it, then there’d never be an insolvent bank.

Richard Werner has proven that every bank loan prints money (aka credit creation or customer deposit creation), so it’s even more than crypto. Just doing Bitcoin is not enough, the power to create deposits must still be taken away from banks. This will require vision, education, and organizing.