Tuesday, September 16, 2025

Pig God, bitcoins, alleged monopoly

 Hubris meets nemesis.

The alleged monopoly lies in a powerful combination of engineered scarcity, decentralized security, network effects, and macroeconomic appeal, supported by valuation models that show its long-term potential. 

Pig God propagandists would have you believe this combination could never be repeated or improved on. What unique precious snowflakes they are. Prove me wrong!

ALEX  " bitcoin is fundamentally different from other cryptocurrencies. It runs on a decentralized, peer-to-peer software network and issuance schedule that, by design, can't be tampered with by centralized authorities. 

It provides a way to send value over the internet without trusting third-party intermediaries. Like the gold standard, it's a neutral monetary system; unlike gold, it has no physical properties, making it harder to seize or censor. . . "  GOLDSTEIN

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