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Fernando Nikolić 🇦🇷 🟠

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88.7% of Brazil's crypto volume is digital dollars. Brazil is also #1 in the world for crypto adoption. Bitcoin and everything else split the other 11.3%. So the #1 adoption market is mostly a dollar adoption. https://t.co/zkSPKejA4l

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Michael Saylor said Strategy is "emerging as the central bank of the crypto economy" on yesterday's earnings call. I think he picked "central bank" because very few people know how to price a bitcoin-backed preferred stock, so he used a name normies can already picture. Which is how you should always sell Bitcoin.

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In February I wrote that incumbents go deny, fight, absorb, rebrand with bitcoin. Same thing the music business did with torrents (I worked at Universal Music during The Pirate Bay's heyday) So we're at the "absorb" step now, pretty much on schedule.

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Storytelling is hard to hire for in the Bitcoin space because the default personality is socially awkward. Same way that the inverse is true that lots of charismatic people aren’t technical. More of a spectrum thing.