Bitcoin has returned to the mark of $70,000. HODLers have another opportunity to sell on the rise. They can kill two birds with one stone if they buy gold with the proceeds.
๐ฃ๏ธ Peter Schiff: If Bitcoin breaks support at $50,000 (which seems quite likely), then it will probably test the $20,000 mark at least. This will be a drop of 84% from its historical peak. I know that Bitcoin has done this before, but it has never happened with such hype, leverage, institutional ownership, and market capitalization at stake. Sell your Bitcoins now!
๐ฐ If you had been spending 10 million dollars a day for the last 2000 years since the birth of Jesus, by now you would have spent about $7.4 trillion dollars.
The national debt of the USA today is $38.7 trillion.
2014 - you're an idiot 2015 - you're an idiot 2016 - you're an idiot 2017 - you were lucky 2018 - you're an idiot 2019 - you're an idiot 2020 - you're an idiot 2021 - you were lucky 2022 - you're an idiot 2023 - you're an idiot 2024 - you're an idiot 2025 - you were lucky 2026 - you're an idiot
๐ฑ Vitalik Buterin stated that cryptocurrencies for content creators are ineffective because the real issue today lies in filtering high-quality content, not in incentivizing its production.
He pointed to a more efficient curated practical model, Substack, and suggested that small tokenless DAOs choose creators, with the creators' coins serving as predictive tools rather than objects of pure speculation.