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https://mobile.twitter.com/Breedlove22/status/1141567060847149056

This thread from 2019 lays it out pretty well. It is the hardest currency, and that's where societies traditionally migrate. We currently have the softest currency in the history of mankind. Nobody will escape this black hole.

https://mobile.twitter.com/Breedlove22/status/1141567060847149056 This thread from 2019 lays it out pretty well. It is the hardest currency, and that's where societies traditionally migrate. We currently have the softest currency in the history of mankind. Nobody will escape this black hole.

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[–] • 2 pts

A fool and his money are soon parted.

Crypto is not an asset, it is not encrypted beyond the reach of government, it is not created by individuals for other individuals.

Can people make money swing trading? Yes.

Does that make it worth anything? Only what somebody will buy it for.

Even speculative assets. I.e. gold, silver, etc in your hand, isn't worth anything but what others will pay.

[–] • 0 pt

Even speculative assets. I.e. gold, silver, etc in your hand, isn't worth anything but what others will pay.

Yes. But others will pay a premium for something that has a finite supply, is in demand, and can be used for trade. The hard cap of 21 million is a big selling point to me compared to everything else