bitcoin

Mnuchin talks Crypto

Treasury Secretary Mnuchin talked about Crypto today: https://twitter.com/coinyeezy/status/1150831522339012610?s=20 Remember how I have been saying BSV is honest money? BSV fits within the law. Most of Crypto is a pipedream for anarchists who didn’t have good fathers. BTC is relying on a non existent Lightning Network which runs afoul of KYC and AML. BTC can’t scale and now it will soon …

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Buy The Blood

BSV is trading at ~$130. This looks like strong support on charts. BSV has fallen 50% from recent highs while BTC has fallen 25%. I have been pounding out blogs talking about the fundamentals of BSV. Fundamentals is about what to buy. BSV is the only crypto anyone should buy because Crypto is a Ponzi. Technical analysis is about when …

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Crypto is a Ponzi

Simply put, time is limited for Crypto. I expect another bear swoon maybe as soon as this Summer. The counter to this is Bitfinex and Tether will pump BTC in one last glorious exit pump, dumping at a peak on retail noobs conditioned to HODL. This will be the last hurrah. Bitfinex implicated in a 850M fraud on April 24. …

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The Bitcoin Economy Part 1

Technology has transformed the human experience over the past 150 years. Medicine can now prevent and treat many previously incurable diseases. We can traverse the planet in hours instead of years. One farmer can feed a small town. Cars did not exist when my Great Grandmother was born. Technology moves fast. One area that we have not transformed is breaking …

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The Twitter Killer

There is a new app powered by Bitcoin SV. It’s called Twetch. This early stage app has the potential to be a Twitter killer. To use Twetch you must have a moneybutton.com wallet linked. Once on Twetch every action has a microtransaction fee in BSV associated. This small fee pays for putting the information on the BSV blockchain and rewards …

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Bitcoin: The Endgame

Crypto is going through a typical bubble cycle. After euphoria we have capitulation, despair and then a resumption of trend at a more sane pace. Looking back at history we can see this bubble cycle play out again and again. As the legendary investor Jesse Livermore said: “There is nothing new in Wall Street. There can’t be because speculation is …

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Metanet Is The Future

Buckle up. This post will take you down a deep rabbit hole. “Bitcoin is an economic system”. Today I discovered a whole new meaning to this frequently used statement and I’ll share it below. First, watch the clip of this video from 2014: At 2:20 mark of this interview from 2014 it sounds like CSW is talking about Metanet. 🤯https://t.co/T59WWB7ErO …

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Winner by TKO: Bitcoin SV

Yesterday Coingeek posted Original Bitcoin is Reborn with Bitcoin SV (BSV); BCH Hash War Ends. From the article: CoinGeek Mining is pleased to announce the original Bitcoin is back with Bitcoin SV (ticker: BSV). CoinGeek will support a permanent chain split from Bitcoin Cash (BCH), continue mining the BSV chain, and will work with others globally to establish a vibrant ecosystem …

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Bitcoin In One Lesson

The intention of this post is to share very simply why Bitcoin works so well and why it will be the only cryptocurrency left standing by next year. To start, here’s a screenshot from the first page of the Bitcoin Whitepaper. Note I have highlighted the word System. This word is often overlooked when talking about Bitcoin. Drilling down on …

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A Bitcoin Call to Arms

On November 15 Bitcoin Cash hard forked when two developer groups disagreed on the future of Bitcoin Cash. I covered the background in this post. Read that for a primer on how we got here. When there are multiple groups competing to be the default ruleset and client used to run the Bitcoin Cash network the issue is resolved using Nakamoto Consensus. …

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