Damus
captjack ๐Ÿดโ€โ˜ ๏ธโœจ๐Ÿ’œ profile picture
captjack ๐Ÿดโ€โ˜ ๏ธโœจ๐Ÿ’œ
@captjack ๐Ÿดโ€โ˜ ๏ธโœจ๐Ÿ’œ
PURPOSE OF CRYPTO
NOT INVESTMENT OR GET RICH QUICK OR NOT EVEN STORE-OF-VALUE

๐Ÿ‘‰๏ธ MAKE PAYMENTS - GROW CIRCULAR ECONOMY
๐Ÿ‘‰๏ธ EARN/SPEND FOR WORK / SERVICE IN CRYPTO
๐Ÿ‘‰๏ธ KEEP OUTSIDE THE DEBT SYSTEM IN OWN CUSTODY
๐Ÿ‘‰๏ธ DISCOURAGE LEVERAGE/FRACTIONAL RESERVE BANKING
๐Ÿ‘‰๏ธ USE WITH EASE

none of above is happening in majority of top 50 chains
top is measured by fiat ramping price NOT any technical or usage value of chain
4๐Ÿ‘€1
captjack ๐Ÿดโ€โ˜ ๏ธโœจ๐Ÿ’œ · 2w
nothing above is happening in bitcoin anymore LEVERAGE and ISSUING PEGGED LIKE MSTR SRTC IBIT other tickers are new normal. excuse ? - bitcoin need part of FINRA FINCEN CRS to grow more in FIAT terms. real growth in usage is near zero to FLAT. LN + LIQ - end is near in terms of coin cap growth eve...
captjack ๐Ÿดโ€โ˜ ๏ธโœจ๐Ÿ’œ · 2w
SOV -> argument bitcoin is FIXED and FIAT is infinite FIAT can go CHASE many other asset class for gambling n growth bitcoin is NOT only FUCKING hole when FIAT DICK need to enter like Saylor Theory.
Nedrek · 2w
Oh, it is happening. All over again. https://npub1j6xf732v0kevuvfzp40k0863vmfgx4jp4h47wclqzmgkxx923ejqug69dc.blossom.band/b8277dc6c02a43b5ed9fa1bbcc06f536aaeb377789544cdb3c35b2ac30fb8e14.jpg
Jude · 2w
What do you use to store value and invest if not bitcoin? Didnโ€™t Bitcoin always have to attack the credit markets?