Price: $10,818 | Block: 650576
Bitcoin And Blockchain Are The ‘Future’ Of Twitter, CEO Jack Dorsey Reveals - Due to Bitcoin's incorruptible & uncensorable nature, it's making more & more sense to decentralize every application on the internet. The amount of content being deleted by centralized platforms is simply not ethical - free speech is a basic human right. Personally I believe a decentralized internet will eventually exist on the Lightning Network. Yes Ethereum is building the D-Web & may lead the way, however I think a much more scaleable & secure version will be built on Lightning. Time will tell. For now, Bitcoin's greatest & most important use-case is hard money. Digital gold for on-chain transactions & Lightning as the payment layer with extremely high throughput.
Bitcoin's Big Believers: 6-Digits 'Inevitable,' BTC Has a Better Chance of Going to $100K Than Zero - In my mind Bitcoin is a binary bet, it's either going to zero or becoming a massive black-hole to the current financial system - swallowing everything. Personally I'm not willing to bet against Bitcoin, as there's currently no better alternative. Bitcoin beats gold on every level as hard money. There are a lot of theories as to how Bitcoin fails, but none of them are plausible in my mind. Even if a group of individuals within the space wanted to attack it (Like the Bcash hard-fork in 2017), they're going to find it near impossible. I choose Bitcoin because it's the most conservative & robust. Ethereum is everything but. It is a science experiment that may or may not fail. The people running the Bitcoin network (nodes, miners, devs) are incentivized not to attack it, simply because they hodl it & they want to see it succeed. Bitcoin fixes the world, by fixing the money. I think the biggest attack vector possible (likely short-lived) will be from government intervention in the form of over-taxation/regulation. To enforce these laws however, will be incredibly costly. I'm betting people will just go around them as Bitcoin's privacy tech improves & people need more money because the economy has collapsed. It's already possible to massively improve your privacy on Bitcoin if you're willing to learn. See my article here.
Study Shows Merchants That Accept Bitcoin Attract New Customers and Sales This is another trend I'm starting to see play out. A couple of months ago PayPal, Visa & MasterCard announced they were getting on the Bitcoin & Crypto band-wagon. Big money can clearly see the trends & want to capitalize on it. I think they're also fearing extinction and want to remain relevant. I'm betting innovative projects like BTCPayserver & The Lightning Network will completely wipe them out eventually. I'm also betting we will see heavy merchant adoption of Bitcoin & Crypto over the next 6-12 months. The momentum is unstoppable at this point.
Bitcoin continues to grow fundamentally behind the scenes. As we enter the greatest financial collapse in human history, the perfect storm is brewing in the Bitcoin-space.
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