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product at swan ๐Ÿฆข | ๐Ÿ‘ถ๐Ÿ‘ฆ dad | โšฝ #coyg | #bitcoin ๐ŸŸ , not crypto ๐Ÿคฎ

thanks! queued it up โœŠ

Help! It's been ages since I've updated my relays. What's the best resource to keep up to date (including paid of course).

Vivek's speech was full of (often gimmicky) one-liners, but he made an interesting analogy about time that ill paraphrase and expand on.

If seconds - the unit of measurement for time - were unpredictable, it would be almost impossible to coordinate amongst our species and plan for the future.

It is no different with money - the unit of measurement for *value* - and given how society has meandered and human flourishing has stagnated since 1971, it shows.

Sats are the seconds of value.

He knows more about Bitcoin than people are giving him credit for. Dude literally started an investment company (largely) on the basis of opposing the ESG narrative.

Best presentation/panel you've seen so far?

I'm not in Miami ๐Ÿ˜ญ so have lots of time today lol

City have made Madrid look like a bottom half Prem side. As an Arsenal fan, you just love to see their dominance validated like this.

of course miners selling less bitcoin over time should have *some* effect. the question is, how much?

my argument is that - in the face of bitcoin having 5000%+ to appreciate in price - how that 8% is distributed (and for a % of those, sold) is negligible.

I have a few problems with this line of thinking:

a. it's not lower supply. it's a lower *inflation* (or if you prefer, supply *issuance*) rate

b. assuming that's what you meant, this still ignores the basic math of how much the supply issuance impacts price. see my meme above :)