Pro tip:
#Bitcoin isn’t a hedge.
It’s a completely new monetary and financial system for the world.
Calling it a “hedge” is like calling indoor plumbing a “hedge” to an outhouse.
Normies still have no idea that it is changing the world for the better.
Awesome analogy! This is exactly why I don’t buy into price targets or power law because those all intrinsically focus on a fiat denominated output. #Bitcoin is a new protocol, a decentralized system, and a paradigm shift in how value is defined. The only guarantee is that fiat continues to collapse against it because they keep inflating in a deflationary world
Everyone tries to Fiatize bitcoin. They don’t understand the zero to 1.
You hedge when you don’t know the answer
No one I know IRL has even remotely considered doing anything with Bitcoin. I’ve stopped mentioning it.
#Bitcoin
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Migrate to the new global financial system #Bitcoin
Great analogy!!
But Greg Foss sat in a risk chair. He calls it a hedge. And risk-on I think.
Man, that Canuck has fallen off the side of his chair. Hockey guy too & I like him. Fiat brain ruined his stack once. Looks like he hasn’t learned a thing.
