Pran ⚡
@Pran10000
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There is no 2nd best crypto asset maximalist.
India
Joined June 2010
Token: INR. Node: Single. Consensus protocol: "Trust me, bro.".Tokenomics: 13% CAGR monetary inflation. Supply cap: none. You might not want to hold this shitcoin for the long term.
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Reminder: This is the same government that also says -"Inflation is 2%", "Zero people died of Oxygen shortages during Covid", "Nobody entered the Arunachal Border" etc etc. Just saying. .
📑Some articles/ reports in the media have raised concerns about the potential negative impact of 20% ethanol blending (E20) in petrol, particularly with regard to older vehicles and customer experience. These concerns, however, are largely unfounded and not supported by.
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RT @chetan_kaul: @mehtahansal We need to stop calling ourselves a 'rising super power'. Superpower in what exactly ?. We produce and manu….
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RT @Pran10000: 📜 Bitcoin has no use apart from being a medium of exchange over time, i.e., money. Unlike Gold, you can't even make jeweller….
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When you hear someone say, "Buy this new token so you can barter with it," just ignore the noise & and acquire the thing that people DON'T want to spend, i.e., BTC. That's where the network effects of money are being created. 6/6
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When you hear someone say - "I want to hold it forever." They mean - "I know this thing will be around forever and will increase my purchasing power & someone will always take it from me when I need to exchange it". The market is meming a new money into existence. 5/n.
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The universal desire of wanting to hold on to BTC (as much as possible) will make it the most saleable good, i.e., global money. Since your time on earth is limited, it will be spent eventually, because there is nothing else you can do with it. 4/n.
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Since the price (purchasing power of BTC) is constantly changing, there are enough new hoarders and spenders of Bitcoin at every price. The act of aquiring a token to spend it immediately makes it a barter good, not money 3/n.
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The only thing you can do after acquiring BTC is to give it to someone else eventually, i.e., spending. This can be done after 1 min or after 100 years. When you choose to spend depends on your time preference and that is constantly changing even for the same individual. 2/n.
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📜 Bitcoin has no use apart from being a medium of exchange over time, i.e., money. Unlike Gold, you can't even make jewellery out of it. 1/n.
@saylor 🧨 The Bitcoin Paradox: A Manifesto on Scarcity Without Utility. “If no one can use the thing for the reason it was created, then why is it valuable?”. This is the question Bitcoin Maximalists fear most—because it reveals a truth they can no longer hide:. Bitcoin has been.
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Holders of the altcoin INR - .Fundamentals and technicals look extremely weak. I would book my losses. NFA.
Token: INR. Node: Single. Consensus protocol: "Trust me, bro.".Tokenomics: 13% CAGR monetary inflation. Supply cap: none. You might not want to hold this shitcoin for the long term.
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Only the central bank can legally purchase physical cash from the treasury at production cost, which can be used to bail out banks at the expense of the taxpayer. That's what Bitcoin is trying to fix.
@_whitneywebb @markgoodw_in All M1 money in the system, that means the money used in daily life, is privately issued money. It’s not from the Federal Reserve, it’s simply created when people loan money. So we already have private money, and everyone has the right to create money.
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Bitcoin is getting boring now, might move to Kaspa, it has great tech and a thriving community I hear. Is it true? $Kas.
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Awesome! Shameless Govt can send you Tax notices, why can't you send them a notice?.
The owner of a #Mercedes car has sent a legal notice to #Ghaziabad municipal commissioner seeking Rs 5 lakh in compensation after his car broke down on a waterlogged road in Sahibabad during heavy rain on July 23 morning. Details here 🔗 . #Ghaziabad
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If they need 'influencers' at an earnings call - you know the sentiment on the stock isn't too good.
We're excited to announce that leading Bitcoin analysts will be joining the live Q&A of our Q2 earnings call tomorrow at 5 PM ET: @LynAldenContact, @PrestonPysh, @Excellion, and @PunterJeff.
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Bitcoin haters have this exceptional ability to nail the local bottom. Up 55% since this tweet. @VishnuFNO 🫡
Gold up 0.3% fell 5% from ATH .Bitcoin Down 7% fell over 35% from ATH . Gold is Universal Money . Bitcoin is Fake Money.
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Source of data attached. Cant audit the supply because it's just one node, obviously.
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