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nneuman / Nick Neuman
npub1e2w…flnt
2024-07-15 17:48:17

nneuman on Nostr: Blackrock CEO has done a 180 on #bitcoin. But he says something here that I think is ...

Blackrock CEO has done a 180 on #bitcoin. But he says something here that I think is completely wrong.

He says bitcoin is a tool for expressing the viewpoint of being "more frightened of the world, more frightened of your existence" - and that bitcoin is not a tool for optimism.

This couldn't be further from the truth, and shows that Larry has a couple more steps to take down the bitcoin rabbit hole.

Bitcoin has many optimistic use cases as Freedom Money.
- Savings and money that you can hold yourself, without having to trust a third party to keep it safe for you
- A fast, cheap way to move money anywhere in the world ~instantly
- A method for activists to fund and run their organizations when they are cut off from the banking system by corrupt dictators, see work being done by gladstein (npub1trr…hdpu)

- And finally, having money that protects you against hyperinflation by a poor government can be pretty optimistic.

Follow us a few more steps down the rabbit hole here Larry - lots more to see if you're looking for an optimistic case for bitcoin.

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npub1e2wr9uhjheywu9eprtxmdkshj8zdr92s8z5t9wkny650rnyp35mskxflnt