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christo
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Can anyone explain the alex Jones onion thing?

Alan on Threads:

Tulip mania is a shitty comparison. You know what you can do when tulips get expensive? Plant more.

If Bitcoin gets more expensive, what can you do? Join the network of miners to mine some.

Except supply is completely inelastic. Double the entire hashrate = still the same amount of Bitcoin comes out. But the difficulty adjustments to maintain the clock means it'll cost twice as much.

Tulips also don't solve Byzantine General's Problem to permissionlessly send value across the globe.

*****

I thought it was a great answer to someone comparing btc to the Dutch tulip wars

When 0.1 Bitcoin surpasses top assets

As time goes by and normies pile into Bitcoin, we'll see the very same arguments surrounding custodial vs non custodial, that we see with the Lightning network

The legacy banks will offer safeholding

My neighbour asked if they should by dogecoin.

If you are affected by the state, you will be annoyed and angry at your circumstances and you will vote thinking your circumstances will change

If you are a Bitcoiner and separated from state, you will not vote

Want an example to illustrate how normies will want to buy sats in the event of a dollar crisis event?

Remember trying to get hold of hand gel during covid?

Can anyone send me unfuckable energy through time and space so I can row 5k πŸ’ͺ

Thanks πŸ’ͺ

Things that have been falsely demonized:

β€’ Bitcoin

β€’ Red meat

β€’ The sun

What else?