On the latest episode of The Bitcoin Reserve Podcast, we sat down with Smeet Bhatt, the founder of Theya. We discuss: πŸ”Έ Smeet's background as FX and derivatives trader on Wall Street πŸ”Έ The case for bitcoin as a global macro strategic reserve asset πŸ”Έ Why bitcoin is an underappreciated breakthrough in computer science & economics πŸ”Έ The barriers for self-custody hardware storage of bitcoin πŸ”Έ How Theya offers an intuitive way to set up multisig self-custody πŸ”Έ 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 #bitcoinβ€―β€―β€―, reduces the energy the system can steal to continue the lies. image
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 ✊ image
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
Are you feeling the gravitational pull of inevitability? image