Tuesday, 30 October 2018

Bitwage - The resistance

Here is a batch transaction of ~14BTC sent out today from BitWage, https://www.blockchain.com/btc/tree/384914557

I like to think of all receivers here as members of the resistance, converting a percentage of their salary to BTC every week/month, real devotees.

They are most likely not speculators, since selling isn't allowed on Bitwage, just buying. And you don't have fine control over when to buy either, it happens shortly after your paycheck gets deposited and invoice created.

No, these people just like buying bitcoin. They like how it feels to give the middle finger.

Sure they're not big institutional investors, but they put their shoulder to the wheel every week buying whatever fraction they can. All those fractions add up.

Heave, heave, heave



Submitted October 30, 2018 at 04:25AM by bondiblues http://bit.ly/2PwWQpe

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