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@bitcoinrow
#bitcoin white-belt | finance major | feed your head
USA Katılım Kasım 2021
3.4K Takip Edilen7.5K Takipçiler

Peter Schiff spent 40 years screaming that fiat is a scam.
He was right.
Peter built an entire empire warning people about monetary debasement, inflation, and central bank tyranny.
Great work! I started stacking metals in 2011.
Then Bitcoin arrived, the solution all sound-money enthusiasts had been waiting for.
Hard-capped. Self-custodied. Unseizable.
No government control.
No custodian.
Everything Peter claimed to want in a monetary asset, delivered by math instead of human decree.
And he attacked it.
Not because Bitcoin was wrong.
Not because the thesis failed.
I can only imagine it’s because he sells gold. That’s it.
The man built a cathedral to sound money and then locked the doors when the congregation showed up.
I’m sure Peter is doing well, and that’s good. I wish him and his family well. He has done a lot of great work, but I can’t help thinking there is something missing in his story.
Peter could have been a Michael Saylor–type figure. He could have built a Bitcoin bank. He could have been the bridge between the gold bugs and the protocol.
Instead, he chose to die on a hill made of a metal that failed precisely because it requires the custodians he spent his whole career warning you about.
This is Kodak holding a digital camera in 1995 and saying, “Yeah, but film is real. Digital images are imaginary.”
This is Blockbuster watching Netflix ship DVDs and laughing from behind a late-fee counter.
Except worse.
Because Peter knew.
He had the framework.
He had the audience.
He had the mission.
He was well equipped to see bitcoin well before most.
Decades of fighting fiat. The weapon finally arrives. And the man ignores the best solution sitting right in front of him for 17 years.
Tick tock, Peter.
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‘And who is that, mother?’
‘That's your great-great-grandfather, son.
He bought whole #Bitcoin for our family in the mid twenties of the 21st century.’
‘Whole Bitcoin? My friends always talk about a few satoshi. How much is a whole Bitcoin?’
‘One hundred million, son, one hundred million.’

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People are sleeping on what @CashApp and @Square are doing
50% of people 18-25 use CashApp monthly
CashApp has a educational section, easy to buy Bitcoin (24M users have bought Bitcoin on CashApp since 2018), Lightning capabilities and even a “Spend Bitcoin” map with thousands of Square merchants on it that simply flipped on Bitcoin payments and can now save 2-3% vs CC fees by accepting Bitcoin
CashApp will also give you $25 in BTC for being the first Bitcoin transaction for any new vendor
CashApp is single handedly onboarding masses of youth (and really all ages) into Bitcoin
Products like these are what adoption really looks like imo
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@Eng_china5 I wish i could say sorry like that, but if i did everyone would think i was fucking around..
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The gap between natural deflation (thanks to technology) and forced inflation (from central banks) is the greatest wealth transfer in history. It's a hidden tax on future generations, enriching asset holders at the expense of everyone else. #Bitcoin fixes this.
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@bitcoinrow bc 90% of bitcoiners became so in the last 15 months and have little context of things that happened before they arrived to the scene.
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@bitcoinrow Gets Bitcoin but doesn't want children? Not sure that's possible.
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@LegacyBitcoin I don’t understand.
Or maybe i don’t understand some ppl but nobody likes theft.
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@bitcoinrow There are people that advance the argument that without debasement . . . no one is motivated to do . . . anything.
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