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It seems so obvious. 99% of politicians are totally corrupt so bitcoin has no appeal. I think adoption has to happen from the ground up, plebs first.

PAGAN WOLF 2y ago

11.8 % of Bitcoin left on exchanges which is roughly 2.2 million coins

We did our part

2 paths… we all wait around for institutions… which want to side with CBDC government

Or we strategise a plan to get the 2 million off exchanges which eliminates all paper bitcoin and short squeezes to millions per coin

IMO we are letting Satoshis plan down

10 m $ per coin was his plan

And it’s a 2-3 day win

Bitcoin is the win

Frustrated on everyone waiting for Visa or USA or someone to “need bitcoin”

Many have already needed it and they didn’t buy it

Time to read between the line

Plebs did the work to get to 11.8% remaining… we need to get the rest

Nobody else will

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Discussion

MainStreetChungus 2y ago

If my fiat job would give me a raise I’d gladly take the 11.8%.

Bitcoin and lightning integration into all sorts of apps will take more off exchanges.

PAGAN WOLF 2y ago

And I’d gladly buy you $1000 worth of Bitcoin and give it too you if the plan was set and we said we need all bitcoiners to clear exchanges

I’d buy you bitcoin

I will literally do anything to succeed here

If all Bitcoiners represent change

THEN ITS TIME FOR THAT REALITY

we have all this technology and it’s fun… but it’s our technology

If Wall Street bets could do what they did

Bitcoin is much easier

MainStreetChungus 2y ago

Am I thinking this right? 21,000,000 x 0.118 = 2,478,000 bitcoin x $22,500/BTC = $55,755,000,000. Where is the dude that lent Elon $44billion?

If we can as a community make more applications that have bitcoin and lightning integrated, and we start stealing market share from fiat companies, we can soak that up quick. Just as a point of reference Costco has a $215B market cap.

PAGAN WOLF 2y ago

You sir

Understand the solution

And it’s really the simplest path of them all… tear in my eye

We just need everybody to participate

MainStreetChungus 2y ago

Let’s have a brainstorming session… nostr is taking bitcoin to social media. Fountain has taken bitcoin to podcasting.

-how about tv?

-how about digital radio like pandora/Spotify

We need more bitcoinpreneurs.

PAGAN WOLF 2y ago

It’s much simpler

We just need to account for all available Bitcoin

With unlimited paper contracts places like Binance and others are producing

We just need to reign in the 21m bitcoin

Then we can do the rest… whilst you’re able to print money and buy an unlimited amount of short contracts

It’s infinitely traded and can’t find price discovery

Many tell me price is the least important thing

But Satoshi said 10m $ per coin

Price is apart of his vision so it’s on my priority list

MainStreetChungus 2y ago

Maybe Set up a site that offers to pay anyone that takes their coins off exchange a 30% premium.

If you keep them on exchange you are probably just looking for gains anyway.

JoeCoffey 2y ago

It's a grind. I for one am happy with these prices. I lost my stack to BlockFi when I couldn't keep up with the pace of the collateral top ups as the price tanked. Big lesson. Now I try and stay humble, stack sats and rebuild.