I wonder what the deals are with these lines of credit

Blockfi FTX soon

SBF OWNS ME AND ALL

no synapse or stargate?

seems not according to the bridges/on-ramps they’ve listed in the picture

i’ll be hopping for sure 🐰

havent heard of most of those lol i wonder how liquid they are

ya just gonna use hop since theyve already paid me hehe probably gonna be the most used too

a full answer

it has value for 2 reasons because of the tech & neutrality

the ledger allows public triple entry accounting something a regular ledger could never provide without a trusted 3rd party

no s***
Bitcoin isn't anything like a stock lol
it isn't equity in a company
there are no dividends, balance sheets, profits, expectation of profits

it's a utility that is closer to a commodity than anything approaching a security / stock lmao

it's just a digital collectible known for being the first to ever solve the byzantine generals problem that cryptographers had been trying to solve for decades

if you don't understand this you probably shouldn't buy it, investors should only buy things they understand

also wow the IMF writing about what I've been saying for years

blogs.imf.org/2022/06/16/how-crypto-and-cbdcs-can-use-less-energy-than-existing-payment-systems

I have been trying to explain this to people for years and everyone accuses me of lying just like "HUH but BITCOIN USE LOT POWER number big"

YES BUT SECURING REGULAR SERVERS FOR BANKS & VISA USES WAY MORE POWER THAN A PROOF OF STAKE OR AUTHORITY BLOCKCHAIN

blockchains save power

few have the background in cyber security to begin with tho i guess

ok am done

another scam.

It's almost like the jpeg field of NFT's are a sham

all investment vehicles are scams.

bitcointalk.org/index.php?topic=845.0

it isn’t a currency either

great scam

The IMF wants us all on a digital currency anyway.

yeah all governments definitely want CBDCs so they have total control over all money

they could move interest rates on all cash overnight with a smart contract it would give the Central Banks a new level of control never seen before

taxes could be automatically reported

but you could replace concert tickets, house deeds, passport/ID, record keeping, insurance etc with tokens on a Blockchain and save a lot of money in security

it's just a digital collectible known for being the first to ever solve the byzantine generals problem that cryptographers had been trying to solve for decades

what’s the general problem that it solved ur referring to here

en.m.wikipedia.org/wiki/Byzantine_fault

The bitcoin network is able to come to consensus on whether the block being validated (mined) is honest or malicious and only commit honest blocks to the blockchain

yeah this is the technical explanation @Womanpuncher69

the real world example is that its ledger is always 100% accurate between two parties with no 3rd party

before Bitcoin a transaction like this would require a intermediary like a server to execute this fairly otherwise one party could cheat or manipulate the transaction and there would be no way of knowing

barry needs to drop his own exchange

barry owns 3.3% of btc 2.5% of eth
probably like 3% of total - stables

When will it be my turn

Despite the use of energy there's also the fact that a lot of banks still aren't completely paperless either and some the industries these banks invest in do a crazy amount of harm lol.

A lot of the environmental arguments seem to be from people who hate crypto religiously anyway, not saying improvements can't be made but the arguments have always felt disingenuous especially when you know things like ETH2 are in the works.