Hodling #Bitcoin as a Company is not easy, over the past year it felt like we were battling an opposing public opinion in our community all the time.
This was resolved by us learning & studying which was crucial
.
Thread 👇🏽👇🏽👇🏽

2/ The arguments were exhausting especially if you didn't put time into education
1. Too volatile
2. Untrustworthy
3. Will get banned
4. Consumes too much energy
5. Not an investment, its speculation
6. Manipulated market
7. CBDC's
8. Used by criminals
3/ We saw something different, #Bitcoin was the most stable asset in our lives. Block after block it operated with perfection as promised. #Bitcoin hasn't changed at all since we got into it (yes, we verified) but the echo system built on top of it grew immensely
4/ Meanwhile everything else around us was insanely volatile, Our Central Bank printed more money than was ever printed in the country's history. Prices of real estate, commodities, groceries shot through the roof, more importantly the prices of Chicken
5/ Our business is built on the back of fresh high quality Chicken which increased in price by >25%
Nassim Taleb came out on @CNBC and suggested that owning a business should be sufficient to protect you from inflation because you can raise prices,
6/ what he fails to understand is the competition dynamic. We are competing with the likes of Costco, Mcdonald's & Popeyes. They didn't raise prices because they are Chicken monopolies & have 1000X more buying power than us. Therefor we are left with these choices
7/
a. Increase Prices & lose market share to our competitors
b. Keep Prices the Same & lose profit margin
c. Use lower quality Chicken and make our product worse
All of these options are bad
8/ #Bitcoin was our strategy of choice. For us it represents Hope, Freedom & Fair Opportunity. Prices of everything got cheaper for us in bitcoin over the last year. It gave us a fighting chance to compete with these Chicken Monopolies.
9/ We urge companies especially medium & smaller sized business to study more about this new & exciting savings technology. It'll take time but will be worth it because it will end up saving you time. Here are three amazing articles and a website to get you started,
10/ By @real_vijay
https://t.co/lwK7wOkjT7
11/ By @parkeralewis
https://t.co/P2BIcISdlX
12/ By @JeffBooth
https://t.co/4eaEnFfXhE
13/ By @michael_saylor
https://t.co/FcG6UuDKOm
14/ If you like seeing both Food & #Bitcoin content, give us a follow & come try our food, we'd love to serve you the best quality chicken 👊🏽😎

More from Crypto

Michael Pettis @michaelxpettis argues that it is not always obvious who (China or the U.S.) adjusts best to "turbulent changes."
Bitcoin answers that question.
Thread:


World economies currently suffer four major redistribution challenges:
The most important is increasing government stealth use of the monetary system to confiscate assets from productive actors.
/2

That process is exacerbated by "Cantillon Effect" transfers to interest groups close to government ("the entitled class," public sector workers, the medical industrial complex, academia, etc....), which is destroying much of that wealth /3

The shadow nature (see Keynes) of government inflation makes the process unidentifiable, un-addressable and undemocratic.
The biggest victims (America's poorly educated young) are unequipped to counter generational confiscation tactics of today's wily senior beneficiaries. /4

Government control of the numéraire in key economic statistics (GDP, inflation, etc...) makes it impossible for economic actors to measure progress and liabilities. /5
A primer on how to use @coingecko for your crypto data/research/trading needs.

Share it with a friend who needs it!

1/ Getting started with crypto and want to check prices/projects? https://t.co/LFnk4vukxj has info on just about every crypto you'll need :)


2/ Search over 6000+ cryptocurrencies available on the market. You can see what's trending in the space as well.

Researching by categories? Filter (left side) -> Select categories -> DeFi, DOT ecosystem, Exchange-based tokens, NFTs - anything!


3/ Lets say you're looking at #Bitcoin
https://t.co/g205lj03pG

At a glance you get:
- Price
- Mkt Capitalization (valuation)
- Circulating/Total supply
- 24h trading volume
- Links to websites, social media, block explorers
- Calculator

Next - check valuation?


4/ Market cap is used to rank coins, and we'll show you how its calculated - Hover over Circulating Supply (?) for breakdown.

Note: used @chainlink as example here - https://t.co/Jc46fe79Ag

While MC is important also consider product fit, narrative, team, community etc.


5/ If you're trading on AMMs like @Uniswap or @SushiSwap, you can copy the contract address directly to your clipboard.

Using @metamask_io? Add the token directly so it shows as one of the "Assets" that you own in the wallet.

See: https://t.co/94XihMf5oz

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