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Sunday, 7 November 2021
Please help a student by answering a 1-minute survey!
I am Pedro Fontes, an IB high-school student writing an economics essay on the factors affecting the price of bitcoin. Please click the like above to help me by answering a quick survey. It won't take more than 1 minute!
Thank you, I appreciate your time!
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source https://www.reddit.com/r/btc/comments/qo8in8/please_help_a_student_by_answering_a_1minute/
New York City Mayor-Elect Eric Adams Will Take First 3 Paychecks in Bitcoin, Promises to Make NYC Center of Crypto
New York City Mayor-elect Eric Adams says that he will take his first three paychecks in bitcoin. He has also promised to make NYC the center of crypto. “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries,” he said.
New York City Mayor-elect Eric Adams said he wants to turn NYC into a crypto-friendly city and will also take his first three paychecks in bitcoin.
Replying to a tweet made by Miami Mayor Francis Saurez that he will take 100% of his next paycheck in bitcoin, Adams wrote: “In New York, we always go big, so I’m going to take my first three paychecks in bitcoin when I become mayor.” He added: “NYC it’s going to be the center of the cryptocurrency industry and other fast-growing innovative industries.”
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source https://www.reddit.com/r/btc/comments/qo7whv/new_york_city_mayorelect_eric_adams_will_take/
You'll all be rich, but here's why it'll be too late to matter like it does today:
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Crypto absorbs fiat and USD loses peg
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The DAO era
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Automation reduces prices of goods dramatically
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Gold collapses as Bitcoin boomers age and onboarding of digital assets continues
- Diamonds lose their value due to synthetic equilibrium and more digital lifestyles.
- Hydrogen Fusion energy breakthrough, while solar panels 10x power
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CRISPR and genetic editing defeat most commonplace diseases. Universal vaccines bring mRNA mainstream
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Desalinization techniques and water harvesting restore water balances
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3D printing reduces cost of goods further and home values plummet
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Solid state lithium batteries remove all competitive advantages from fossil fuel vehicles
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Relentless proliferation of the english language and remote work checks globalization's final box
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A move to Mars? No, in fact a mass migration into the digital world
Will it matter how much crypto or money you have anymore? The world should become a giant middle-class where work is optional and only ideas of value make it out. Sure there will be billionaires, but will it matter? Will they matter? They'll be rich, but have no power anymore like they do today. Much of their power comes from controlling share positions, political corruption, low-wage workers, and exploitation of people's civil liberties. Crypto will annihilate that. Surprisingly, the above list I expect to be mostly complete by 2035, and I haven't even mentioned A.I. or quantum computing. We are truly about to go parabolic imo and crypto was the missing link. In terms of lifestyle, it's unlikely to matter in 2035 wether you own 1 BTC or 100. So, stay alive, and try to get to 1 by then.
Type II civilization on the Kardashev Scale after?🍀
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Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
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submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
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submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...