02-09-2021, 03:49 AM
"Bitcoin is not a currency, nor is it a payment network. It is a bank in cyberspace,
<!-- SC_OFF --><div class="md"><p>This is from <a href="https://www.coindesk.com/complete-case-for-100k-bitcoin">The Complete Case for $100K Bitcoin.</a> wherein this quotation is referenced (towards the end). </p> <p>There's validity pointing out that the statement is not 100% perfectly accurate in technical terms. Though, I do also think that people may be apt to missing the overarching theme of the tweet. </p> <p><em>There's rhetoric to consider here. "Rhetorical nuance" if you will. It's like a football aficionado saying, "Football is not a game. It has nothing to do with a ball. It's a way of life and freedom for the spirit." Of course that's not 100% perfectly accurate in technical terms, but it gives an idea as to what it can stand for and mean to some people, while also holding some more universal, philosophical truths.</em></p> <p>I really like this thinking and sort of statement. Obviously, CEO of Microstrategy, Mr. Saylor, sees a future wherein blockchain technology / distributed ledger technology is something like ubiquitous and authoritative. <em>I, too, share that vision - as I'm sure many reading now do, too.</em> Along with that, though, is a thinking outside of traditional and restrictive ideation. It's "untraditional" in so many words. Just because you've/we've/they've done something like <em>that</em> for a thousand years doesn't mean you can't or shouldn't do something like <em>this</em> now.</p> <p>Edit: I'm surprised no one has noticed yet, but the quote in the title of the post <em>is not</em> in the article (c'mon people, you need to be a little more vigilant; your life may depend on it god dammit) ... ... ... it <em>was.</em> I remember reading it and is the reason I initially posted it a couple of months back and wanted to post it again, because it really gives a good perspective and idea of what's possible with DLT. Nevertheless, I'm now searching for it and not finding it anywhere. I haven't done a search of all his tweets, so imagine it is there somewhere, but maybe someone reading this now can link it for everyone if they find it.</p> <p>Edit2: <a href="https://blog.kraken.com/post/6725/watch-super-bull-michael-saylor-says-bitcoin-is-the-central-bank-of-cyberspace/">Here's</a> something close from Kraken.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/pale_blue_dots"> /u/pale_blue_dots </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lfmkz2/bitcoin_is_not_a_currency_nor_is_it_a_payment/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lfmkz2/bitcoin_is_not_a_currency_nor_is_it_a_payment/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>This is from <a href="https://www.coindesk.com/complete-case-for-100k-bitcoin">The Complete Case for $100K Bitcoin.</a> wherein this quotation is referenced (towards the end). </p> <p>There's validity pointing out that the statement is not 100% perfectly accurate in technical terms. Though, I do also think that people may be apt to missing the overarching theme of the tweet. </p> <p><em>There's rhetoric to consider here. "Rhetorical nuance" if you will. It's like a football aficionado saying, "Football is not a game. It has nothing to do with a ball. It's a way of life and freedom for the spirit." Of course that's not 100% perfectly accurate in technical terms, but it gives an idea as to what it can stand for and mean to some people, while also holding some more universal, philosophical truths.</em></p> <p>I really like this thinking and sort of statement. Obviously, CEO of Microstrategy, Mr. Saylor, sees a future wherein blockchain technology / distributed ledger technology is something like ubiquitous and authoritative. <em>I, too, share that vision - as I'm sure many reading now do, too.</em> Along with that, though, is a thinking outside of traditional and restrictive ideation. It's "untraditional" in so many words. Just because you've/we've/they've done something like <em>that</em> for a thousand years doesn't mean you can't or shouldn't do something like <em>this</em> now.</p> <p>Edit: I'm surprised no one has noticed yet, but the quote in the title of the post <em>is not</em> in the article (c'mon people, you need to be a little more vigilant; your life may depend on it god dammit) ... ... ... it <em>was.</em> I remember reading it and is the reason I initially posted it a couple of months back and wanted to post it again, because it really gives a good perspective and idea of what's possible with DLT. Nevertheless, I'm now searching for it and not finding it anywhere. I haven't done a search of all his tweets, so imagine it is there somewhere, but maybe someone reading this now can link it for everyone if they find it.</p> <p>Edit2: <a href="https://blog.kraken.com/post/6725/watch-super-bull-michael-saylor-says-bitcoin-is-the-central-bank-of-cyberspace/">Here's</a> something close from Kraken.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/pale_blue_dots"> /u/pale_blue_dots </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lfmkz2/bitcoin_is_not_a_currency_nor_is_it_a_payment/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lfmkz2/bitcoin_is_not_a_currency_nor_is_it_a_payment/">[comments]</a></span>Kind Regards R