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  • Couple things Dan Morehead said he said 1st of all Brian just to reiterate Bitcoin is you know it's a it's a near bulletproof network.

  • He said this thing has tried to been hacked by terrorists C.

  • I.

  • A government's everything he said and this is a really good point.

  • He's been in banking for 30 years.

  • He said Brian This network has never gone down.

  • He said can you think of a single banking network, can you think of google facebook, any other technology platform that's never had downtime?

  • He said there is not one in the history of the financial system or even the online system And it was just a good reminder for me to realize that it has low aspirations.

  • It's simple.

  • But again like you said it's that store of value, we kind of want it to be that simple, simple insecurity.

  • Exactly.

  • And can I take that a step further?

  • Yes so the network is secure, it's never gone down to think about this Bitcoin price dropped 55 or 56% in a matter of weeks.

  • We didn't need anybody to come in and then still cash into it to keep it going.

  • We didn't need to be bailed out.

  • No baker minor had to be bailed out.

  • It's a free market, it's the only free market left in the world so even taking away the security of the network the fact that you can have 55% volatility to the downside And you can have 50% of the miners going offline at the same time and everything just continues to run smoothly without any centralized authority having an impact that should tell you everything you need to know about Bitcoin.

  • Mhm.

Couple things Dan Morehead said he said 1st of all Brian just to reiterate Bitcoin is you know it's a it's a near bulletproof network.

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Scott Melker Explains Everything You Need To Know About Bitcoin ?

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    林宜悉 posted on 2021/09/09
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