Within the first 20 seconds he says…
“In my opinion, bitcoin is the only cryptocurrency with any value—full stop. I don’t even believe in ethereum. It’s because bitcoin has a decentralized management structure, a decentralized organizational structure, and it’s because bitcoin has a known monetary policy where there will only be 21 million of them.
Every other cryptocurrency in my opinion is an unregulated security, it has a CEO, and they have a policy of issuing some number of tokens based on what the CEO or others say. As long as that’s the case it’s really just like the government…they can just dilute their crypto. And so all crypto in my opinion is a fraud.
Bitcoin is actually an important technological innovation which is immutable digital scarcity.”
Derek
npub1g6…4hu7v
2023-04-11 22:41:12
in reply to nevent1q…t5a3
Author Public Key
npub1g6ghj36a9y9d6p4vz4rq6z8rwrqxm6evllnlhkt26e55h9y0q6psv4hu7vPublished at
2023-04-11 22:41:12Event JSON
{
"id": "6a9a31b98f2bd36c6243945614b8b3a87881a7225891e03bd669eba6132e8485",
"pubkey": "469179475d290add06ac15460d08e370c06deb2cffe7fbd96ad6694b948f0683",
"created_at": 1681245672,
"kind": 1,
"tags": [
[
"e",
"820e171f1f2f851442363711a88b182a89eda19c277cc4c3c934f91ec9430916"
],
[
"e",
"30a641b20226d669e676e561cb6e1728078123bff94facfcb54865edf5d176bb"
],
[
"p",
"6c535d95a8659b234d5a0805034f5f0a67e3c0ceffcc459f61f680fe944424bf"
],
[
"p",
"8c7b73dc2dd8045e2b545ad68eeacbce0552bebb6b196971f2e2e8cf9bab4afc"
]
],
"content": "Within the first 20 seconds he says…\n\n\n“In my opinion, bitcoin is the only cryptocurrency with any value—full stop. I don’t even believe in ethereum. It’s because bitcoin has a decentralized management structure, a decentralized organizational structure, and it’s because bitcoin has a known monetary policy where there will only be 21 million of them.\n\nEvery other cryptocurrency in my opinion is an unregulated security, it has a CEO, and they have a policy of issuing some number of tokens based on what the CEO or others say. As long as that’s the case it’s really just like the government…they can just dilute their crypto. And so all crypto in my opinion is a fraud.\n\nBitcoin is actually an important technological innovation which is immutable digital scarcity.”",
"sig": "3dabc7881b7be8a65a8832fef731b9a8df5be520ab6b6841fac69f28f61f9f168a348e0ae4e62b88827499df872c2ee3dddd449f2f963612bfdd221be92de548"
}