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RE: Who doesn't hold Bitcoin?

in LeoFinance4 years ago

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Instructive

Very entertaining but instructive post.
Interesting to see you explain both Libra/Diem's failure and Bitcoin's success as basic economics of follow the smart money, see what they do right, see what they do wrong, then everybody repeat the right stuff, driving up the price.

Frontend-Backend

Second I like your analogy of the scary, hard to understand technology just disappears into the background. Most just run the frontend with no knowledge of the backend or the profits there. I spent a lot of time studying and writing about Steemit to try to teach people about how to earn both on the front end and back end, and the other ways in-between...

Some got it, some didn't, but most importantly it opened my mind to the many different possibilities out there.

Bankers not are popular

Lastly, As funny as it seems, Bankers are needed by all, but disliked by many/all?
Even big tech companies borrow from bankers, pay bankers interest and dislike the terms. Producers and workers are in different size boat, but essentially same boat, and bankers float that boat...for a price.
:)

Thanks, @shortsegments

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You'll get used to his style, this is a common post of his! I think it's well articulated and got some good opinions.