If anyone could just tamper with the record, then it wouldn't be storage would it? Since when has the BTC blockchain been hacked to fraudulently alter any past transactions? Answer: Zero times.
Published November 12, 2024 Betting markets suggest Trump will pick pro-crypto adviser to lead Treasury Key Square Group CEO Scott Bessent is the betting markets' front-runner for the Treasury secretary role By Eric Revell FOXBusiness https://www.foxbusiness.com/politic...t-trump-pick-pro-crypto-adviser-lead-treasury President-elect Trump has begun making selections to fill Cabinet positions within his incoming administration and betting markets have identified a clear front-runner for the Treasury secretary role. Scott Bessent, the founder and CEO of investment firm Key Square Group who previously taught at Yale University, has been a key adviser to Trump's campaign. Traders on Polymarket give Bessent an 83% chance of becoming the Treasury secretary nominee, while he has an 82% chance on Kalshi's prediction market. Those figures are well ahead of the next closest competitors for the role, including several key Trump campaign figures. Scott Bessent, founder and chief executive officer of Key Square Group, has been a key economic advisor to Trump and helped the campaign's fundraising. (Stefani Reynolds/Bloomberg via Getty Images / Getty Images) It's unclear how soon Trump will name his Treasury secretary nominee, though he is moving quickly to line up nominees for key roles in the White House. Scott Bessent, founder and chief executive officer of Key Square Group, is the betting markets' frontrunner for the treasury secretary role. (Vincent Alban/Bloomberg via Getty Images / Getty Images) If the betting markets prove to be correct in their current assessment of Trump's Treasury secretary pick, Bessent would bring policy perspectives that bridge the traditional Republican economic policies with Trump's preference for policies like tariffs..... .......Bessent has also expressed support for cryptocurrency and said recently, "I have been excited about the president's embrace of crypto and I think it fits very well with the Republican Party, crypto is about freedom and the crypto economy is here to stay."
Thanks jbusse! mstr is a $50B company currently, It still has 2,000% to 10,000%+ price move to the upside in the next 5-10 years tied to the bitcoin price volatility to the upside The non-evangelicals would not believe this, either **** this post is for entertainment purposes only and not financial advice ****
I never thought this before but this explanation does explain its historical link to tech stocks especially long dated tech stocks aka money losing today but the promise of huge profits 10 years down the line. The mostly unprofitable fintech stocks seem to correlate well to Bitcoin. Like other startups it also requires an optimistic future & liquidity to go higher. That explains its cyclical nature in trading with the liquidity cycle. It peaked in 2021 Q4 and bottomed in 2022 Q4 which was the last liquidity cycle.
It's outside of the banking system. Outside of swift. You can move billions or more without restrictions. Avoids sanctions or freezing accounts. There are better blockchains that let you do more but bitcoin is the boomer crypto
What does that even mean? What is the relevance? A ledger is a file, a record of account. It is not, and never has been, an actual store of value. Go to a store and try to buy something with an accounting ledger and let me know how it goes. As for your blockchain reference, from what I understand, bitcoin needs blockchain. But blockchain doesn't need bitcoin.