#threadstorm 1/ 🧵 Cryptocurrency has long sought the Killer DApp. This is something that we discussed since 2017. Yet, so far it has not shown up. So what will it be?

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5/ We are seeing a massive change to the system. The key is the digital world and the expansiveness of it. This is where we see the growth rates that are unparelled.

4/ Due to this, if a currency is not used, it will fade away to nothing. We have seen that repeatedly over time. This is going to keep going as projects roll out and are nothing.

3/ Cryptocurrency allows anyone to create money. The difference is nobody is forced to use it. People are free to utilize it and have economic productivity tied to it.

2/ We see how politicians operate, always buying votes and running deficits. This is often blamed on the money but the reality is the debt is sold for currency. It is different than printing.

#threadstorm 1/🧵 We hear a lot about the money printer go brr. This stems from the idea that inflation bad/deflation good. It is a flawed belief and one that causes a lot of pain.

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5/ Hive is a decentralized, permissionless database. This can be the basis for decentralizing the Internet. We are dealing with a siloed system right now.

4/ Artificial intelligence is built upon the idea that data is fed into increasing computation power. Guess who controls the data.

3/ Some of the most visited sites on the internet are based around databases. This is something that we can decentralize and open up. It gets even more important when we consider the future of AI.

2/ This offers the potential for any individual entrepreneur to build a database that could be the basis of a business. There is no cost on the back end for the data storage, something that is huge.

#threadstorm 1/ 🧵 If people on Hive realized the value of databases, everyone would be building them instantly. Data is becoming more valuable with each passing day and they are in the hands of centralized

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5/ All this is good for price which makes most happen. It is not, however, good for the tenets of freedom and sovereignty. Bitcoin is being hijacked right before our eyes.

4/ What happens when Wall Street, central banks, and sovereign wealth funds all get into the game? These entities have tens of trillions of capital under their control.

3/ His firm holds an enormous amount of $BTC, nearing 1% of the total that might truly be circulating. The other issue is he is a small player. When it comes to funds, there are much bigger fish.

2/ Wall Street is gearing up in a big way. Michael Saylor is a hero to many in the bitcoin community but he is part of the problem. The challenge here is fixed money always pools.

#threadcast 1/🧵 Bitcoin is being hijacked. This is a point I made a number of years ago and it is only getting more common. We are seeing it grow to the point where few are going to be able to miss it.

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