This just came out in the newly shared e-mails. In 2009 Satoshi shared this. Was it to protect Bitcoin from not being a security? Thoughts?
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20 sats \ 1 reply \ @oliverweiss 18 Mar
If you create something that is supposed to replace fiat, you don’t use it just to get more fiat.
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0 sats \ 0 replies \ @BitcoinIsTheFuture OP 18 Mar
lol. Classic!
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20 sats \ 1 reply \ @johnbnevin 18 Mar
'Investment' implies 'expectation of income or profit over time' according to GPT.
So being cautious early on was important ethically and legally as it wouldn't be cool to characterize it as a vehicle for gains given the uncertainty, possibility of fork or failure.
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0 sats \ 0 replies \ @BitcoinIsTheFuture OP 18 Mar
Wow nailed it, great points!
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10 sats \ 1 reply \ @beorange 18 Mar
As usual... he was right.
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0 sats \ 0 replies \ @BitcoinIsTheFuture OP 18 Mar
Yup! The vision is priceless!
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10 sats \ 1 reply \ @quark 18 Mar
imagine what would he say about ETFs right now.
I wonder why he describes it as "a dangerous thing to say" a danger for the investor? or for Bitcoin in general?
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0 sats \ 0 replies \ @BitcoinIsTheFuture OP 18 Mar
Yup he started the movement to F the big banks and Wallstreet bankers. So why give them a penny much less a sat.
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25 sats \ 0 replies \ @TNStacker 18 Mar
Satoshi is not saying it is not an investment. This was about promotion. The reference is to the hammer of the Fed. regulators. If you call it an investment you have to register it and representatives, etc.
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