We’re all trying to wrap our heads around new numbers…6 trillion being the standout…fiat is imaginary money and ever more clearly so. Does this guarantee a short term pump for Bitcoin? Nope. Is it incredibly bullish in the coming years? Yes and yes again. This will be the hardest hodl of your life but it almost certainly will turn out to b worth it.
As the globe settles into an extended period of lockdown/economic contraction – look beyond the headlines and perhaps focus on what the world may look like in 6 months or so…hint….Bitcoin will have a place.
Picks of the Week
This discussion of BTC mining and this off the cuff reaction to record levels of dollar printing. Finally this Bitcoin education in a tweet.
If in doubt – hit the books (highly recommended):
https://twitter.com/DrBitcoinMD/status/1233406458093539329
Slow and steady:
https://twitter.com/VictorErem/status/1242345554849468416
Tongue in cheek but nonetheless interesting ‘Bitcoin proverbs’ (recommended)
https://twitter.com/SavedBySatoshi
How would you rather save? (recommended):
https://twitter.com/saifedean/status/1241421763336122368
All is not well in the money markets, history-making stimulus or not (recommended):
https://twitter.com/CaitlinLong_/status/1242562086632173568
An insightful reflection on bailouts correct:
https://twitter.com/Anders_/status/1243668601837694982
2020 life: https://twitter.com/ErikVoorhees/status/1243744947070619649
Articles
Will Bitcoin rise to the occasion?
https://medium.com/in-bitcoin-we-trust/bitcoin-will-emerge-as-a-response-to-the-crisis-in-which-the-world-is-settling-down-eafa885666c4
Much Ado About Bitcoin Price for Not Much (recommended):
https://medium.com/in-bitcoin-we-trust/when-hodling-bitcoin-theres-only-one-number-that-really-matters-12f1bbb8e09f
Is the legacy system crumbling? (recommended):
https://medium.com/@dergigi/dear-legacy-people-30034da666ab
COVID-19 isn’t to blame for the coming recession (recommended):
https://fee.org/articles/covid-19-isn-t-the-true-culprit-of-the-coming-recession/
Tim Draper put his money where his mouth is/was:
https://cointelegraph.com/news/billionaire-investor-tim-draper-quit-stocks-for-bitcoin-6-months-ago
Exploring widespread ‘policy stupidity’ in the modern age (highly recommended).
https://medium.com/incerto/the-intellectual-yet-idiot-13211e2d0577
What will emerge from the rubble of this global recession/shutdown?:
https://www.advisorperspectives.com/articles/2020/03/24/preliminary-thoughts-the-new-world-order
A succinct explanation of Quantitative Easing:
https://nuggetsnews.com.au/resources/basic-knowledge/what-is-quantitative-easing-qe/
Podcast
Discussing the relationship between Bitcoin mining and price (recommended):
YouTube
Focusing on opportunity not cost:
Pomp unpacks the possible ramifications of a $6 trillion stimulus package for BTC going forward:
Riding out the corona quarantine:
Another quality overview of a long-running project -ICON:
The ticking time-bomb of corporate debt (recommended):
Infographics
Not all Altcoin projects are equally funded – Tezos has some funs in the kitty (admittedly somewhat trimmed since the end of Jan):
https://twitter.com/crypto_bobby/status/1240799746564018177/photo/1
Nothing lasts forever:
https://twitter.com/matt_odell/status/1242252279635488768/photo/1
Website / Utility
Useful site for assessing miner profitability in times of volatile price action:
https://www.asicminervalue.com/
Once again, interesting times we live in – see your down the crypt rabbit hole. As always, looking forward to your comments and suggestions.
Note on Sources:
Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.
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