US now defines Bitcoin and digital assets as cash—for large transaction reporting - CoinGeek: https://coingeek.com/us-now-defines-bitcoin-and-digital-assets-as-cash-for-large-transaction-reporting/ I heard voices in crypto space saying it's a good thing but that's an extremely naive view. They'll just move from having a rigged centralized system to a rigged decentralized system by luring everyone into a mediator who'll opt in "for their own good".
@YllFigureItOut
Joined 20 December 2020 · 51 posts
120 KT
0 KT received · 0 KT · $2.69 given
Posts
Jeff Bezos said everything is about convenience. That's the only reason Amazon succeeded.
Why does it seem the market tanks just when the pandemic seems to be soon over? Why did it soar when everyone was in lockdown but now the sentiment changed all of a sudden?
Currently BCH is more like FreeBSD than Linux in OS analogy.
Did you also quit your work? Why? https://www.youtube.com/watch?v=ieStO3JqWJ0
The FED is fucking with crypto markets: https://www.youtube.com/watch?v=kh56GNygYYA
Early crypto investors were wrong a bout a lot of things, the biggest mistake imho was the ancap approach... it'll MUST have legal support.
BTC: exists since 2009, Blockstream: since circa 2015, yet ETH which was built from scratch already has functional L'2 with wallets with direct to L2 onramps and DEFI. There's no negligence greater than Blockstream's failure to develop anything useful for BTC.
Is DEFI really a way to rebuild a banking/financial ecosystem in which there'll be less risk for an economic meltdown similar to 2008 because of being over-leveraged or the things have little to do with each other?
Always do the opposite of what the CEOs and billionaires tell you.
Everyone tells me they're Nigerian princes. If only they told me they're were princesses I might have fallen for it...
If only someone with 1M viewers made a vid about how sBCH could fix the fees https://www.youtube.com/watch?v=6Sxb2dKRi08
1. swap, 2. wait, 3. %%%%%, 4. moon.
"I can help you If you try to be less annoying" - Things my colleagues say.
Any guess as to what FB's endgame is with Meta? Are they trying to get hold of a new currency+wallet through a game? It seems to be an extremely useful clever trick.
What's your favorite finances/economics film/series? I say The Big Short and Successors or Billions.
Nobody told me in DEFI you could get paid for STALKING coins!!!
Boomers are trained to build the product first, while Zoomers hype the market first, and that's why they boomed while we mooned.
If someone really cares about his BTC he holds them in L1, not in L2, which is what BCH aims to make sure its users will be able to do.
I told you all we're going to zero already in 2017 but nobody believed me!... /s
Would you say honestly some dapps have solid business models?
How can I tokenize the fog in my town and sell it as an NFT? This is starting to look more and more like 2017.
Satoshi didn't invent Bitcoin because he wanted to get famous or rich or novel, he wanted to solve a problem. I see very few projects which seriously try to solve a real world problem.
Please tell me the BCH ratio can't get lower...
Why ETH has no ETF coming?
I believe the only good use case for BCH is competing with the banks in the 3rd world.
BTC is gaining in ratio. This is good for BCH... /s
I saw that image and thought it describes how I use the Internet: https://imgur.com/1X6iiNZ
Marc de Mesel got invaded: https://www.youtube.com/watch?v=iW3DIl1p-hk
History repeats with an ironic twist: China still sells miners to the world after banning Bitcoin. This is just like when the British made opium illegal, but still selling it to China.