psyom retweeted
Dextools has already updated the new supply for #xvgeth , to 10 billion.
Since last year @XVGETH went from approx 16 billion supply to 10 billion supply .
That's alot of burning, and a huge reduction in supply.
@vergecurrency
psyom retweeted
Today we celebrate 10 years of @vergecurrency! From a grassroots project to a global community dedicated to digital privacy, decentralization, and innovation. medium.com/vergecurrency/cel…
psyom retweeted
Most of June, July, and August have been updated to the milestones page: vergecurrency.com/milestones…
psyom retweeted
$7K #Bitcoin seemed like a dream until 2017.
But by 2020, $7K Bitcoin was boring.
$700K seems like a dream today... But one day it will be boring.
Bitcoin is already worth well over $1 million per coin to those who deeply understand it.
How do you value Bitcoin?
It's simple: Everything / 21 million.
Bitcoin is a new way to measure value.
Instead of a measuring stick that's constantly changing size via inflation and deflation (like fiat currency) we finally have a static economic measuring stick.
21 million units.
Imagine trying to build houses or bridges with a dynamic measuring stick.
One day a meter is one wingspan, another day it's 1.3 wingspans...
Good luck ordering materials, creating blueprints, etc.
How much easier is engineering with a static measuring stick?
1 meter stays one meter.
Bitcoin gives us the equivalent of a static meter for economic calculations.
Business, saving, investing... every economic activity is made more efficient as a result.
Finite 21 million coins vs. increasingly abundant everything else.
That's how you get to well beyond $1 million per Bitcoin in today's purchasing power.
The volatility and the fact that we're at a mere $71K just reflects people's need to psychologically adjust to this new reality.
Write this off as crazy ramblings by a twitter anon if you want.
But you might want to stack a lil #Bitcoin just in case it catches on.
