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Bitcoin First

Posted: Thu Mar 31, 2022 3:06 pm
by Jack Jones
https://www.fidelitydigitalassets.com/b ... -first.pdf

This is published by a subsidiary of Fidelity Investments.
Investors should hold two distinctly separate frameworks for considering investment in this digital
asset ecosystem. The first framework examines the inclusion of bitcoin as an emerging monetary
good, and the second considers the addition of other digital assets that exhibit venture capital-like
properties.
Sounds familiar O0
Jack Jones wrote: Tue Aug 03, 2021 2:51 pm Also, regarding Bitcoin vs cryptocurrencies in general. My mental model of the cryptocurrency world is that Bitcoin is like gold, almost an unchangeable elemental commodity, and other cryptocurrencies are like individual stocks, being under development, having a leader, etc.

As such, I would never hold ethereum in a PP because there's no chance of it becoming the world's reserve currency. When Harry was unsure of the dollar's future, he held Swiss Francs, not duPont.

Re: Bitcoin First

Posted: Sat Apr 02, 2022 6:36 pm
by boglerdude
If Russia went big on bitcoin, what would the west do about it

Re: Bitcoin First

Posted: Tue Apr 19, 2022 3:13 pm
by gaddyslapper007
If governments could ban/ control Bitcoin then it wouldn’t be a tool for freedom. (FYI, they know this ….prepare accordingly). Remember…..the world economy (governments) now compete for peoples wealth. Wealth is liquidious (with BTC) and will flow to the path of least resistance…countries will compete for your wealth within their borders.

Re: Bitcoin First

Posted: Wed Apr 20, 2022 7:31 am
by yankees60
On right now and watchable any time you want once it is done.

https://www.c-span.org/video/?519559-3/ ... ation&live

APRIL 20, 2022 | PART OF WASHINGTON JOURNAL 04/20/2022
Washington Journal
Matthew Pines on Cryptocurrencies and Government Regulation
Matthew Pines from the Bitcoin Policy Institute talked about President Biden’s recent executive order regarding Bitcoin and other cryptocurrencies.

Re: Bitcoin First

Posted: Wed Apr 20, 2022 10:05 am
by Jack Jones
gaddyslapper007 wrote: Tue Apr 19, 2022 3:13 pm If governments could ban/ control Bitcoin then it wouldn’t be a tool for freedom. (FYI, they know this ….prepare accordingly). Remember…..the world economy (governments) now compete for peoples wealth. Wealth is liquidious (with BTC) and will flow to the path of least resistance…countries will compete for your wealth within their borders.
When a tool is banned, it doesn't stop being a tool. People who recognize the value of the tool will continue using it. The government might even change its mind.

For example, consider the war on drugs. Cannabis, MDMA, Psilocybin were banned but people kept using them. Now the science is catching up and it turns out that the war on drugs needlessly extended the suffering of millions of people with chronic pain, PTSD, and depression.

Re: Bitcoin First

Posted: Wed Apr 20, 2022 10:18 am
by Jack Jones
boglerdude wrote: Sat Apr 02, 2022 6:36 pm If Russia went big on bitcoin, what would the west do about it
I'm not sure. It's interesting that Senators like Cynthia Lummis and Ted Cruz are going to bat for Bitcoin even though many of us expect it to replace the $USD as the world's reserve currency.