The fastest way to make money with fiat money is to get as close to the money printer. Ideally through lobbyists, bankers, politicians, or apply for bailouts.
The fastest way to make money with #Bitcoin is provide value to other people as fast as possible.
Big difference
#Bitcoin has no intrinsic value therefore its price should be negative and everyone that uses it is a terrorist drug addict trying to kill the planet.
Furthermore nobody uses it (but it doesnât scale) and lightning is a failure, China banned it, and banks hate it.
Checkmate.đ¤
Yes⌠yet within this small group there are a lot of very intelligent people, Iâd argue higher ratio than outside the group
Education and information reduces fear and uncertainty...
Letâs say #Bitcoin crashes to $100.
Thatâs a market cap of $2.1 billion.
A few dozen high net worth psychopath holders would buy up almost all of them (just in case) and USD price would be back up to todayâs levels in no time.
The farther it falls, the faster supply is gone.
This really puts it in perspective
âWhat good is it for a man if he gains all of the #Bitcoin  in the world but in the process loses his soul?â
Saylor just bought another 1/3,200 of all the #Bitcoin ever to exist.
For comparison thatâs:
2.5 million people
20,300 millionaires
plus at least one billionaire
Just like that.
Letâs say youâre retiring now, 65 years old.
Letâs assume you live to 95 / 2053 (assuming medical advances next 20-30 yrs).
Also assume #Bitcoin continues its adoption CAGR and reaches mass adoption by 2039 or early 2040s.
âIâm too old to learn about #BTCâ isnât an excuse. đ¤ˇââď¸
There is a non-zero chance I am a complete idiot, and have progressively become dumber the more I have learned about #Bitcoin .
You should account for this, I have.
However, the more I talk to smart #Bitcoin âers like you all the lower odds I think this is.
Either we are all crazy, or none of us are.
Trying to spend more time on hereâŚ
Working on my text twitter threadâŚ
Putting a lot of work into this one
#Bitcoin is the best performing asset so far into 2023.
Everyone knows we are entering a risk off period. Everyone.
Itâs almost as if the #Bitcoinâers might be right⌠However most wonât allocate even 5% of their bonds to #BTC because of emotions.
Yes thatâs what Iâm trying to figure outâŚ
https://twitter.com/luke_broyles/status/1637323772679147522?s=46&t=PFGy_bhOPe2nlmzl-cBiJQ
How do I post this better on Nostr? This is an important one.
Preaching to the choir, I know⌠đđ¤Ł
As the influence of political energy declines, the necessity for further control and power increases.
This is coming, it is inevitable.
The world will bifurcate towards increasingly communist CBDC and increasingly apolitical #Bitcoin .
Choose now or face increasing challenges.
2023 so far, summarized:
The rating agencies were wrong
Powell/Yellen were wrong
Biden was wrong
Trump was wrong
Bankers were wrong
Bitcoiners, thus far, have been the least wrong
â Bank runs
â Stimulus injected
â QT ending
â âDefault or printâ
â #Bitcoin up (over 60%)
Brutal.
Jerome Powell testified before Congress that the banking system was stable and that the economy could continue to handle higher rate hikes.
48 hours later the second largest bank failure in US history was underway.
Either he was lying, or he genuinely didnât know. đŠ
I believe #Bitcoin will take less than 30 years to be mass adopted, purely by adoption data of the internet vs BTC.
We are in year 14.
Probably have 10-20 years left.
Most retirees will live to see hyperbitcoinization.
30 year olds will only be 40-50.
Very different world.