Referring to Mjr Jason Lowery’s thesis. Im old and don’t have an understanding of this stuff deeply enough to really get how he sees it as a defensive weapon from how he describes it. But it’s getting more traction. There is a growing meme that whatever country begins to print money to buy Bitcoin will win the future. Russia passed a law last week allowing it to be used for exchange with foreign countries.
My understanding of Bitcoin as a defensive weapon is that it offers absolute cyber security. The Bitcoin blockchain (base layer) is decentralized, the largest and most secure computer network in existence. Think of it as an immutable foundation upon which things can be built. Anything built on it partakes of that foundation of decentralization and security. These additional layers are already being developed. Some exist. They allow scaling and speed and all desired functionality. The very few other cyrptos which are not outright scams (arguable), ie Etherium, Solana, are programmable applications, easy to scale and very fast, but they are not robust or secure.
We, my family, has no intention to use Bitcoin as day to day currency. It is our savings account. Michael Saylor likens it to buying a piece of Manhattan in the 1860s.
It is the hardest asset ever invented by human beings.
Trump has embraced it. Senator Cynthia Lummis has introduced a bill to begin to hold it as a treasury asset to begin to back our dollar with a hard asset again.
There are 60 million Americans who own Bitcoin and 170 million who own some kind of crypto. Harris is needing to befriend this community because the entire vote of the last election was around 170 million..
My understanding of Bitcoin as a defensive weapon is that it offers absolute cyber security. The Bitcoin blockchain (base layer) is decentralized, the largest and most secure computer network in existence. Think of it as an immutable foundation upon which things can be built. Anything built on it partakes of that foundation of decentralization and security. These additional layers are already being developed. Some exist. They allow scaling and speed and all desired functionality. The very few other cyrptos which are not outright scams (arguable), ie Etherium, Solana, are programmable applications, easy to scale and very fast, but they are not robust or secure.
We, my family, has no intention to use Bitcoin as day to day currency. It is our savings account. Michael Saylor likens it to buying a piece of Manhattan in the 1860s.
It is the hardest asset ever invented by human beings.
Trump has embraced it. Senator Cynthia Lummis has introduced a bill to begin to hold it as a treasury asset to begin to back our dollar with a hard asset again.
There are 60 million Americans who own Bitcoin and 170 million who own some kind of crypto. Harris is needing to befriend this community because the entire vote of the last election was around 170 million..
