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In Switzerland 🤔 thinking about how BTC is the digital Swiss Bank Account 🏦
I’m attending the Plan ₿ Conference in Lugano, on the Italian Border of Switzerland 🇨🇭 It’s amazing to think that Bitcoin is the modern version of a Swiss Bank Account. Historically, Switzerland has been known for its gold standard in Banking Privacy and the maintaining of strong domestic sovereignty. It has been a bulwark to store wealth and protect it. Now, the Bitcoin offers superior ability to store wealth through time and space in without anyone’s permission. It’s 1000X better than what Swiss Bank accounts were, in many ways. It’s available to everyone ; not just the ultra-wealthy are allowed access to this powerful technology.
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New comment 14d ago
In Switzerland 🤔 thinking about how BTC is the digital Swiss Bank Account 🏦
First PoW member ejected ✌️
If you’re here you need to be willing to learn. Proof-of-work or HFSP For those interested, you can find the referenced Bitcoin First research paper here. It’s mandatory reading as far as I’m concerned. https://www.fidelitydigitalassets.com/research-and-insights/bitcoin-first
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First PoW member ejected ✌️
Hardware question
How does a mining rig transfer real BTC to a cold wallet?
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New comment Oct 26
Bought $75 of BTC...
I just bought $75 of BTC and got it to my cold storage wallet... but I lost like $1 due to fees. Is that normal? Nonetheless, it is cool to be able to have BTC in cold storage like that. I bought it through CashApp, which obv has its regulations and whatnot... And if I wanted to send just like $10, there would have been a stinkin $3 fee... what the heck? Why is that? Nonetheless, like I said... super cool stuff.
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New comment Oct 23
ECB Warns Bitcoin Could Skyrocket Forever! 🏦😱📈 | The Distributional Consequences of Bitcoin REBUTTAL
💥 **The ECB's Bitcoin Take: What They Got Wrong!** 💥 In this video I offer my perspective on the ECB Research Paper arguing that Bitcoin rising in value is not a good thing 🏦☹️ Worth a read : https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877 In this video, we dive into the **European Central Bank's** report on Bitcoin 🧐 and break down some key points that caught our attention! From claiming Bitcoin impoverishes non-holders to labeling it as the “currency of criminals” 😱, the ECB’s perspective has some *major flaws*. 🔍 We'll explore: - How Bitcoin 🟠 might actually empower people and improve their lives. - The **central banks**' misunderstanding of Bitcoin's energy usage and scarcity 🌍. - Why Bitcoin’s rise might be inevitable 💰.
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ECB Warns Bitcoin Could Skyrocket Forever! 🏦😱📈 | The Distributional Consequences of Bitcoin REBUTTAL
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