Bitcoin has now officially passed a security audit. At least Peter Schiff can't say that security is zero and therefore goes to zero.
Bitcoin News
Bitcoin’s Brutal Flush Sets the Stage for a Violent Upside Rebound
Bitcoin’s latest wipeout has all the hallmarks of a classic capitulation eventβ€”exactly the kind of deep washout that often precedes upside.
I think secure cryptocurrency should stay on the L1 network. L2 is risk money. Like burning FIAT money. Burns faster.
Bitcoin can make surprisingly large price increases - and less falling, crashing price declines.
bitcoin we trust
It amazes me that the government initially fought against blockchain with all its media and now accepts it, albeit on its own terms. Open source software has been legal since 1985. (GNU)
I still keep 90% of my assets in BTC. The remaining 10% are altcoins.
A deflationary monetary system can only exist if it is fully decentralized.