Why haven't more countries followed the example of #ElSalvador's #bitcoin adoption? "El Salvador is a bit of an outlier, because you had a president that was a bitcoiner before he was a president." "We're going to see more countries actually implement some sort of bitcoin adoption." - @Samson Mow, CEO of @JAN3 Full episode: https://insights.bitcoinreserve.com/samson-mow-nation-state-adoption-of-bitcoin

On the latest episode of The Bitcoin Reserve Podcast, we sat down with Smeet Bhatt, the founder of Theya. We discuss: 🔸 Smeet's background as FX and derivatives trader on Wall Street 🔸 The case for bitcoin as a global macro strategic reserve asset 🔸 Why bitcoin is an underappreciated breakthrough in computer science & economics 🔸 The barriers for self-custody hardware storage of bitcoin 🔸 How Theya offers an intuitive way to set up multisig self-custody 🔸 The changing attitude of Silicon Valley VC investors towards bitcoin Full episode: https://insights.bitcoinreserve.com/smeet-bhatt-from-wall-street-silicon-valley-to-bitcoin

What makes the fiat system so insidious, is that the energy used to perpetuate its lies, is being drained from the same people that are being lied to, through inflation. Every person opting out, by adopting #bitcoin   , reduces the energy the system can steal to continue the lies.

Some major differences between #LiquidBitcoin and #Ethereum: Liquid is honest about how some degree of trust is required. Ethereum (the Ethereum Foundation) claims to be "trustless", however in reality this is not the case AT ALL. Liquid is FAR cheaper to use than Ethereum. An Ethereum transaction can cost hundreds of dollars. A Liquid transaction will cost about $0.10. Liquid Bitcoin's price is attached to Bitcoin's price. There is no conflict of interest with Liquid like there is with Ethereum, where there's a shitcoin at the base layer with its own free-floating price. Liquid is far more private. Ethereum does not have confidential transactions like Liquid does. The amount of funds being transferred are not visible using the Liquid Network. Just in the value proposition of stablecoins alone, Liquid USDT is objectively the best option available. Much cheaper than the ERC-20 USDT, and way more private. Reasons like this are why we offer Liquid Bitcoin and Liquid USDT to our clients. People all around the world can buy or sell any amount with Bitcoin Reserve. We've been a member of the Liquid Federation for years and we're proud to have been one of the first #bitcoin-only companies to do so ✊

Who will be the last to adopt #bitcoin? "It is the more privileged countries that will be the last to adopt bitcoin, simply because they have a bigger cushion, and they're more dissociated from the realities of the world". - npub1jan3xfrvxmd35smylytmnp3ne0sgqh2x47yq766s55zaf6eja4rselx52y CEO npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Full episode: https://insights.bitcoinreserve.com/samson-mow-nation-state-adoption-of-bitcoin

Adopting bitcoin not only allows developing countries to get out of the debt spiral. "#Bitcoin also allows countries in the developing world in the global South to tap into energy and make themselves wealthy." - @JAN3 CEO @Samson Mow Full episode: https://insights.bitcoinreserve.com/samson-mow-nation-state-adoption-of-bitcoin

Yesterday, a few hours before US presidential candidate Robert F. Kennedy Jr. made the announcement he plans to back the US dollar with #bitcoin and cancel capital gains tax for bitcoin, we sat down with the best person to discuss nation state adoption, the CEO of npub1jan3xfrvxmd35smylytmnp3ne0sgqh2x47yq766s55zaf6eja4rselx52y, npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a. The team and Samson discuss: - Why nation state adoption of bitcoin makes sense - Why hyperbitcoinization might happen faster than most expect Stablecoins - The Liquid sidechain - AquaWallet - Why Samson thinks CBDCs will fail Link to full episode: https://insights.bitcoinreserve.com/samson-mow-nation-state-adoption-of-bitcoin

And to think that wages adjusted for inflation are based on the heavily manipulated CPI metric...

Maybe it's not a good idea to have a small group of people behind closed doors try to centrally plan an economy of hundreds of millions of people, which then affects billions of people.... #Bitcoin   

Here’s how scarce #bitcoin is… 56 million millionaires exist in the world. Only 21 million #bitcoin will ever exist. Therefore… Not even every millionaire will be able to own just 1 #bitcoin. Most of the world has not yet realized how significant this is.