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🤔The famous bitcoin critic Peter Schiff discusses what would happen if all American companies sold their assets and bought BTC?
What if all publicly traded U.S. companies sold 100% of their assets, went out of business, laid off all their employees, and spent the proceeds to buy BTC? Then each Bitcoin would be worth millions. The market capitalization of US stocks would skyrocket. We would all be rich.Sarcasm or starting to suspect something? 😅 @Crypto_analysis_tips
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Trump was interested in the possibility of paying off the $34.7 trillion U.S. debt through bitcoin
Donald Trump was interested in the possibility of solving the problem of the country's national debt through bitcoin, CEO of Bitcoin Magazine David Bailey said.
According to him, during their first meeting, Trump asked whether the first cryptocurrency could help pay off the US national debt. The debt in question is $34.7 trillion.
Bailey responded to the politician that he has several ideas on this issue, but he is not ready to give a definite answer right away.
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What bitcoin mining looked like in 2013 when the cost per BTC was $100.
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What bitcoin mining looked like in 2013 when the cost per BTC was $100.
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Crypto speak: Smol brain/Smooth brain
Remember “gigachad?” Well, “smol brain” or “smooth brain” is the opposite of “gigabrain” and refers to a person who is considered uneducated or ignorant of something that is considered common knowledge.
It’s also someone who makes “childish” mistakes in the crypto space and doesn’t have the most basic knowledge.
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Crypto speak: Can devs do something?
“Can devs do something?” is an ironic reaction to a price crash. Presumably, at first, the question arose without ironic overtones — perhaps an inexperienced investor really believed that the developers could somehow influence the coin’s price.
But these days, the question has become a meme.
Example: “Can devs do something about these prices?”
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