Comments by "SAL" (@SAL-fs1mr) on "Bloomberg Technology" channel.

  1. Or buy what you want using bitcoin.
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  2. No, there is nothing to suggest that China has 70% of the bitcoins.
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  3. Look at Bitcoin's Stock-to-Flow. We told you so.
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  4. This sounds like FUD from someone who is part of the xrp zombie army.
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  5. The supplies of any commodity are only limited by how much time and energy we devote to making more of them. The supply of a commodity is never finite. This is why the term "commodity" is a poor choice of description to bitcoin. Bitcoin is a strictly finite asset with only 21 million bitcoins that will ever exist.
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  6. Bitcoin is the cryptocurrency KING. Many altcoin fanboys think their favorite altcoin provides "real utility", but the truth of the matter is, all the combined utility of all the altcoins together pales in comparison with the ultimate utility of Bitcoin, which is long-term store of value!
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  7. Cryptocurrency is only 2 categories: Bitcoin and Altcoins. Anything that isn't BTC is an altcoin. Bitcoin alone accounts for well over 2/3rds of the entire crypto ecosystem.
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  8. Bitcoin is KING
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  9. @James R store of value is a very real utility of money (the other 2 are medium of exchange and unit of account). You are technically correct, anything can be used as a store of value, but only idiots would store value in an asset that can be easily debased - that is why it is stupid to simply hold government printed money to store value over very long periods of time.
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  10. Don't. The vast majority of altcoins are scams or loser projects. If you are new to crypto, stick with bitcoin.
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  11. You sell gold, and buy bitcoin (the new/digital gold).
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  12. 2nd layer technologies like the bitcoin lightning network enable small transactions to happen instantly and at practically no cost at all. For price stability, bitcoin needs to first become a much more robust system with price per bitcoin over $200,000.
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  13. There are some governments that are already using bitcoin alongside their own currencies.
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  14. Maybe the supply of gold can be "hacked" by mining asteroids.
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  15. Bitcoin's lightning network is already working great.
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  16. Actually, it is already possible to use bitcoin for instant and practically free transactions by using the bitcoin lightning network. Bitcoin: store of value and medium of exchange. Bitcoin is the default money of the cryptocurrency ecosystem and is the currency of the internet.
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  17. I have bought and will continue to buy bitcoin. Dollars are what's worthless. As Ray Dalio says "Cash is trash".
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  18. Bitcoin is continuously traded, there will always be sellers and buyers.
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  19.  @slickrick5811  because altcoin shills keep spreading misinformation about "bitcoin transactions can't scale", but with the bitcoin lightning network, bitcoin can scale without much difficulty.
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  20. Digital Gold (portible, divisible, uniform, scarce, longevity).
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  21. Maybe, but how many people can run an EOS full node??? At least I can easily run a bitcoin lightning node.
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  22. BTC going to zero is exactly what the central banks are hoping for 🤣🤣🤣
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  23. The lightning network is working right now. I've been using it regularly for the past several months. Not vaporware at all.
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  24. The effect of the halvening in price will be delayed, not immediate.
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  25. A few months ago, many were saying bitcoin would not even reach 20k. But here we are.
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  26. She's talking about how bitcoin scales, and thus, why it will continue to be king.
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  27.  @GIDSKID100  if you are using grayscale to figure out where the smart money is going, give the full picture: over 85% is in bitcoin, 12% is in ETH, and less than 1% is Ripple's xrp (other altcoins have higher share than xrp actually).
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  28. When bitcoin was 1k, people said it was delusional to believe it will eventually get 50x bigger to 50k. to get to 1 million is only 20x from here.
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  29. @CX 0 "you have to hope many more people realize the true value of a decentralized global monetary network that is resistant to supply inflation and censorship, and awareness is picking up" ftfy
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  30.  @tysonbailey17  utility is what wins in the end, and Store of Value is the ultimate utility. This is why Bitcoin will continue to be the crypto king, and xrp will continue to be a small pet project in comparison to Bitcoin.
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  31. Indeed, but the same can't be said for the Brave token. I hope the people at brave implement Bitcoin microtransactions which was what they intended to do at the beginning.
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  32.  @gzfashions  dude, you are over thinking it. If at anytime you want to buy a bitcoin, you have to offer a price at which a bitcoin owner would want to sell. Then you make the trade for the actual bitcoin. All the land today is already owned, right? But if you offer the correct price, you can buy land at anytime.
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  33.  @tg4481  yes, in Ohio you can use bitcoin to pay your taxes.
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  34. You predicted accurately, bitcoin crashed UPWARDS!! HAHAHA!!
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  35. And dilute gold holders!
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  36.  @nithshan7623  well, the coding happens on GitHub (the code is completely open source and free), but the actual platform for upgrading is the users of the network choosing to run the code on their own computers.
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  37.  @MrArjan23  I've been using lightning network regularly for several months already, have you been living under a rock?? Set up a bitcoin lightning wallet (such as BlueWallet) and I can send you some bitcoin right now.
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  38. Bitcoin is the best treasury asset. Ada and eth keep changing their protocols, so they are drastically inferior with regards to immutability and the store of value utility. In simpler terms, they carry way more risk due to their inherent complexity.
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  39.  @williamsgoldanddiamonds6239  the key thing that many people misunderatand about Bitcoin is that the code isn't static, it is always being improved on! So whatever new tech you might think makes bitcoin obsolete can in fact be ported to Bitcoin, thus, bitcoin is likely to continue to dominate the entire cryptocurrency/blockchain space. Does this make sense to you?
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  40.  @peaceandfreedomeconomics8984  they cashed out at the previous top only to buy at the lows. Accumulation cycle happening again right now.
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  41. Cash App allows bitcoin withdrawals from their app. This means you can buy bitcoin on Cash App and then move those bitcoin to a hardware wallet you control.
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  42. Yea, because it's centralized.
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  43. Great opportunity to buy the dip.
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  44. Actually, it's a net positive for the environment because Bitcoin helps incentivize the development of renewables. Transactions are now instant with negligible fees since the development of the Bitcoin lightning network over the last 3 years.
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  45. Fortunately, miners don't control bitcoin. The network nodes do.
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  46. Xrp is a centralized security token, so no, it won't be a standard. Bitcoin is the global standard.
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  47. MARK OF THE ZUCKERBERG
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  48. It's more technically correct to say that the blockchain with the most proof of work without violating the consensus rules is the true bitcoin.
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  49. Nope, I'm definitely not running my lightning nodes with interledger.
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  50. Great opportunity to buy the dip.
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