I was a couple months off, but I wanted to let you know that bitcoin hit a new all time high.

Don’t be racist, plenty of white people care.

The UN is a joke

That’s just a different kind of luck

Gonna try this out

@remindme@mstdn.social 180 days

Right now I’m up over 400% on my bitcoin, it’s by far my best performing investment. Come back to this comment in 6 months and see where it’s at.

Bitcoin is currently at $57,000 and it’s up 144% in the last year. Haters gonna hate

One of the positives from the covid pandemic is a lot of bathroom doors can be opened with your foot now.

Wes Anderson movies are fucking terrible.

Technically, when you buy a show or a movie you’re buying a license to watch it. That license can be revoked at any time. This is true for physical and digital copies, it’s just impossible for companies to revoke the license when you have a physical copy.

Fun Fact: They never got him out, they sealed the cave with his body still there. Nutty Putty Cave is his grave.

It’s secure and it’s decentralized. No other currency offers both. If you don’t mind trusting banks and governments to manage the money system its not a big deal. But when they fuck it up, it’s the average person that suffers. Taking that power away from them is good for humanity in my opinion.

No, it means it’s not dead and is still trending up.

This is more unsettling than a needle to me.

Let’s keep going. It’s up 117% from December 3, 2020.

If I’m being realistic, I’m not all-in on bitcoin. I have a variety of investments. But bitcoin is beating them all, by a lot. If you plan to invest in bitcoin and cash out in a few months for a profit? Yeah, that’s a gamble. But long term I think it’s a safe bet.

I treat it like a security for now. I’d like to use it as a currency at some point in the future after it has more widespread adoption. I see it kind of like the internet in the late 80’s/early 90’s right now.

I’m not an expert on the technical hurdles, but I think the lightning network can resolve most scalability problems.

I can’t speak for everyone, but I have faith it won’t go to zero because I think it solves a real problem and that people find it useful. As a crypto it is unique because it has first mover advantage and is completely decentralized. And the longer it’s around, the less likely it is to go to zero.

Please enlighten me then.

Bitcoin is not a scam. Most other crypto is though.

He might have confused it with interest rates. Not sure what inflation rate is right now, but it was over 7.5% for awhile.