Another post to Patreon, delivering value for $5 per month, all inclusive.
Since delving into all of this crypto stuff very deep and having a million things to write about over time, I find one annoying conflation that runs equally deep.
You can spot this conflation easily. Every time you hear someone in the Main Fiat Media besmirching Bitcoin and other crypto, listen for the buzzwords they use. Chew on those words. More often than not, you will conclude that the pundit in question is thinking of Bitcoin (I’ll use “Bitcoin” hereafter to refer to all crypto) as an equity rather than a currency. The two aren’t even similar.
In essence, what you’re hearing is someone saying: “well, it trades like a stock, has a market like a stock, so it must be a quasi-stock.” Or, thereabouts; or, they just simply don’t know what they’re talking about, to invoke Occam’s Razor. Then you dismiss them.
[You can read the rest here, where I go into the intricacies of equity, debt, financial instruments, money markets, and etc. by popping for the 5 bucks per month, along with all the how-tos and brilliant distinctive insight, and you really don’t get this level of stuff anywhere else. Rather, you get bullshit daily upsells everywhere else.]