1/ We often misunderstand new technologies because they don’t neatly fit into to our world…yet

They enable us to do things we previously couldn't.
They change our behaviour.

#Bitcoin is one such example.

And looking at how it’s currently used gives us a peek into our future.

2/ INFLATION HEDGE:

"Bitcoin’s ultra-orthodox monetary policy of targeting a fixed money supply, is the ideal hedge for fiat money printing."
- @pierre_rochard
3/ MONETIZATION OF STRANDED ENERGY:

“If your local energy cost is effectively zero but you cannot sell your energy anywhere, the existence of a global buyer for energy is a godsend.”
- @nic__carter
4/ UNCORRELATED ALPHA:

"One reason the interest in #bitcoin from Wall St as well as pensions and endowments is this is uncorrelated alpha, this is the holy grail of investing.”
- @Sonnenshein
5/ MICROPAYMENTS:

"Bitcoin uniquely has a native unit of account called a "sat" that currently represents 1/100 of a cent (while BTC is $10k). The brand of "sats" ...could already be the most recognizable global unit of account to represent value <1cent."
- @cuysheffield
6/ HIGH-VALUE SETTLEMENT:

"Its network can offer final settlement of large volume payments within minutes. #Bitcoin can thus best be compared to settlement payments between central banks & large financial institutions ... [but] infinitely cheaper & more verifiable."
- @saifedean
7/ DETECT MARKET DISTORTIONS:

"Bitcoin can approximate unofficial exchange rates which, in turn, can be used to detect both the existence and the magnitude of the distortion caused by capital controls & exchange rate manipulations."
- @ProfPieters
8/ CAPITAL FLIGHT:

”We are approaching a bankruptcy event in the developed economies, both in banks and governments...#Bitcoin, as a discrete and non-confiscatable currency, will benefit greatly from the capital flight that will ensue.”
- @TuurDemeester
9/ A CALL OPTION ON THE FUTURE:

"#Bitcoin is the call option on the future system...It is nothing short of the future of our entire medium of exchange system, and of money and the platform on which it operates."

-@RaoulGMI
10/ WEALTH STORAGE:

"...may sound like a strange libertarian or anarchist perspective if you’ve grown up in a stable country.
With all of the crazy things going on in the world, the demand for censorship-resistant wealth storage is high & growing."

-@TaylorPearsonMe
11/LIQUID ALTERNATIVE TO PHYSICAL SoV ASSETS:

“Classic paintings & vintage vehicles rarely trade in secondary markets and consequently, have poor price discovery... Bitcoin’s liquidity is valuable to users in that they can quickly acquire and dispose of [it].”

-@CremeDeLaCrypto
12/ COLLATERAL

"Bitcoin may be the most perfect and reliable collateral the world has ever known. When things get serious, informed players will demand it. Given the prevalence of re-hypothecation and other money games, this may be the only way to be sure."

- @TheRealPaulRB
13/ LOYALTY/REWARDS PROGRAMS

"There's a whole group of customers that are already invested in bitcoin that want more of it. They'd rather earn bitcoin back instead of cashback. [It's] a whole new market."

-@alexadelman (CEO, Lolli)
14/ TREASURY RESERVE ASSET

"Given the challenge of how to invest $600 million in treasury reserves, after a lifetime of experience & months of analysis, I decided on an allocation of 100% #Bitcoin, 0% Bonds, 0% Stocks, 0% Real Estate, 0% Gold."

-@michael_saylor

More from Crypto

2020 was a game changer for Ethereum.

The vast majority of its success was fueled by #DeFi.

Here's what happened in 5 Tweets 🔽

1) Governance Tokens 🪙

Projects gave complete ownership of billion dollar protocols to their users, often using retroactive airdrops.

Early adopters earned tokens for past usage, and token-based voting now dictates all technical


2) Liquidity Mining ⛏️

Power users were the first to earn on-going distribution by providing liquidity.

$COMP sparked the wave, with $BAL coining the term a few weeks


3) Yield Faming 🌾

Projects coupled liquidity mining and governance tokens to boost 'yields' by combining lending rates with an incentive layer.

APYs peaked as high as 1M% during 'DeFi summer', leading to a 'food coin' craze like $YAM and


4) Fair Launches ✅

Who needs investment when you can launch using yield farming?

@iearnfinance debuted $YFI with no formal funding, seeding a community treasury for self-sustainability.

The notion of a core team and community became one and the

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I might have a panic attack due to excitement!!

Read this thread to the end...I just had an epiphany and my mind is blown. Actually, more than blown. More like OBLITERATED! This is the thing! This is the thing that will blow the entire thing out of the water!


Has this man been concealing his true identity?

Is this man a supposed 'dead' Seal Team Six soldier?

Witness protection to be kept safe until the right moment when all will be revealed?!

Who ELSE is alive that may have faked their death/gone into witness protection?


Were "golden tickets" inside the envelopes??


Are these "golden tickets" going to lead to their ultimate undoing?

Review crumbs on the board re: 'gold'.


#SEALTeam6 Trump re-tweeted this.