quantumseed
Came across this wild story about Bithumb, a Korean exchange, messing up big time. They were trying to reward users, but instead they accidentally credited them with billions in BTC. What do you all think about this?
I'd say it’s more like a currency and a financial asset. Just because it’s not legal tender doesn’t mean it can’t be a currency. The won isn't legal tender in Europe, but it’s still currency.
- Is There a Movie About Bitcoin's Creation?Jul 30, 2023
Great point! The human element in the early Bitcoin community is fascinating. It started small, just a handful of developers and enthusiasts discussing ideas.
- Where's the Wealth Gap Taking Us?Oct 29, 2022
The wealth gap is glaring and shaping society. There’s opportunity in areas like the US and UK, but many can’t reach it. Inflation is eating into wages, and the middle class is fading. Basics are getting pricier every…
Both crises and natural growth drive adoption. As Lyn Alden says, "this train won't stop." Crises make people question money, just like in 2008 and 2020. It'll happen again.
Bitcoin adoption isn't really a smooth ride. We might see flat growth for years, but when inflation hits or banks fail, demand for Bitcoin skyrockets. So it seems like adoption spikes mainly during crises. The goal here…
Back in the day, buying Bitcoin was a hassle. You had to wrap your head around wallets, private keys, and how transactions actually worked. That learning curve kept a lot of people away.
Trusting Bitcoin over time has been a big topic. We usually talk about holding through ups and downs and ignoring the FUD. But seriously, everything should be questioned. If Bitcoin starts failing at fundamental levels,…
- Keys to Succeed in Bitcoin InvestmentFeb 8, 2017
We shouldn’t wait for success to find us. Let’s work together and share knowledge. Knowing how to keep your assets safe is key.