Switching to another platform won't fix shit. Switching to a protocol-based approach might. https://www.youtube.com/watch?v=HfJwezWWu08
No way we could have seen that coming!
I've always said that there's fundamentally no difference between a Formula 1 racing wheel and a wooden wheel on a cart from thousands of years ago. The principles stay the same.
I saw that yesterday and even asked Grok about it. Very sad, but X is a closed system and sooner or later any closed system gets coerced or co-opted..
Even after if I was a full maxie, I considered buying MSTR, but finally realized that was just FIMO. What kept found something in my head was Michael Saylor rationally and logically making the case for why Bitcoin was the ultimate pristine asset. And everything he said checked out so why would I not just buy Bitcoin and why would people buy MSTR?
As my hand hovered over the Buy button to give Saylor my money, I realized there was a very legitimate reason for someone to buy microstrategy, but it wasn't for me. I can buy Bitcoin through the kyc or none kyc methods, manage it in a hot wallet or cold wallet, use lightning or liquid, run my own node and transactions. Most people can't.
Not to say I'm so great, but it's that just most people have not had the compulsion to dig that much into Bitcoin. Saylor provided them away to take advantage of Bitcoin's vakue without having to spend as much time learning about it and how to use it. There is value in that and Saylor was providing that value to certain people. In the end though, it was really no different than buying Micro Strategy, Tesla, Amazon, or a penny stock: outsourcing the hopeful appreciation of the monetary value you put into the system. Either I believed in Bitcoin more than a man, or I didn't.
That's outstanding! I remember having block parties when I was growing up in the seventies and we'd block off the street and everyone would bring picnic tables and grills out and enjoy time together. Having a hard time imagining doing that now. Good for you and your wife!
Any more, it seems like there are a lot of plebs selling. Not for Lambos, those with very small stacks selling for necessities. It's going up forever Laura, but it's also still a real struggle Laura. I try to encourage people not to put their grocery money in, unless they are single without dependents and can live in a shack. But so many come in looking for the big win next week. Just keep DCAing what you won't need to touch for years.
I saw Star Wars in the theater as a kid, and it blew me away, as well as every other kid! Nothing had come close to that on the 70s. But the re-watching it as an adult, you pick up on so much more than you did as a kid. Like how Luke was a pansy little whiner. Within the last few years, I watched all of them, with my kids, and the only thing that made it bearable was watching HISHE after:
https://youtu.be/m6U6I9Jbkxs?si=xAsfA_zlV5WM_Mbx
Life saver!
The most bearish episode of the month… followed by the most bullish. Fascinating all around:
Col. Douglas Macgregor:
https://youtu.be/guKBCe9VPi8?si=oQbrDVkA-Fxl6MfT
Michael Saylor:
Very awesome (and sobering) video with Col. MacGregor, but Natalie, please ditch that distracting background!
So is that like a D, or maybe a D-?
Well, that wasn't as bad as it could have been I guess, although that was more like a Beanie Baby or tulip bubble take on things. Guess it's good if it at least gets more people asking questions about #Bitcoin, but muddying the waters with crypto just helps more people get reckt.
l.prageru.com/4ivRUKM
definitely agree with the idea of not wanting their transactions censored, but that is the case whether El Salvador mines or not. the only befit to them mining is if they have access to cheap power that can provide them more Bitcoin than if they were to buy it directly (accounting for other intermediaries, convince/complexity, etc.). in that aspect, it's just like business. or at the least, very analogous.
how is it a truth protocol rather than a propagation protocol? if both truth and untruth cannot be censored, it's not a mechanism for favoring one over the other. im not at all defending or fsvoting other networks that do censor, just to be clear.
that power isn't to compete "over the ledger", but kust for the next block so they can get paid. its a business. it's literally no different than starting a company that makes shoes or builds houses or teaches people in a school. that is simply a business. the difference is that when somebody becomes part of the Bitcoin economy, it doesn't matter how big and powerful any of the miners are, that oerson still has the same value in the Bitcoin economy. big or small miners don't change that value.




