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7 Misconceptions About Bitcoin

“Bitcoin is more easily verifiable than gold, in terms of being a reserve asset and being used as collateral. It’s more frictionless to transfer than gold, and has a hard-capped supply. And I like gold too; I’ve been long it since 2018, and still am.” – Lyn Alden

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When Bitcoin Melts The System, Prosperity Steps In

“The logical construct behind the dissection of today’s evils is actually very simple: money is broken; fix the money, fix the world.” – Thibaud Marechal

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The Hard Forks that Didn’t Dilute Bitcoin

“If any of these forks had meaningfully gained ground relative to Bitcoin, the critics would have had a point. What’s the point of a monetary network which is undergoing a constant state of fragmentation?” – Nic Carter

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Call me Ishmael [BitMex]

“One can use a “brainwallet”. Refugees need to carry nothing with them, all they would need to do is remember a Bitcoin wallet passphrase. Funds, potentially millions of US dollars, can therefore be effectively stored inside of one’s mind.” – Bitmex research

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The Lightning Liquidity Marketplace

“Lightning Labs is positioning this release as a step toward an ecosystem of Lightning-based financial products, which it called “LiFi.” – Peter Chawaga

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Our Most Brilliant Idea

“When governments play God, civilizations burn in Hell.”

Robert Breedlove

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Bitcoin at 12

“I believe Bitcoiners have this in common. They recognize that they have undertaken a near-hopeless task. Creating a global, neutral, apolitical settlement medium and standard of value will not happen overnight. We have barely begun the project.” – Nic Carter

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Bitcoin and the Rhythms of History

“Individuals can opt-out of their local currency by joining the Bitcoin life raft. Protect purchasing power, rather than go down with the sinking ship that is their state.” – Brandon Quittem

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The Last Word on Bitcoin’s Energy Consumption

“If your local energy cost is effectively zero but you cannot sell your energy anywhere, the existence of a global buyer for energy is a godsend.” – Nic Carter

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Lies, Deception, & Unnatural Money

“Money printing only “works” if the majority of people don’t even realize that it is steadily devaluing their earnings and savings. People must be deceived into believing a false ideology about this practice, but that can only work for so long; as we’ve seen throughout history, bad money doesn’t last forever.” – Nik Hoffman

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