Bitcoin decoupling from equities here is incredibly bullish
fair. touche. I do think Bitcoin has a TAM in today's dollars around $500 trillion to $1 quadrillion, so in terms of purchasing power growth potential, one could argue the growth opportunity in bitcoin (aside from just vanilla gdp growth type levels, which will go on forever) is limited to a humble 250x - 500x to go from here
bearish. add a zero
part of the trick is being retarded enough to believe in yourself despite all the valid reasons to be doubtful. the smarter you are, the harder it is to maintain conviction. fear is the mind killer. retards are the fear killers.
nostr:note1lyhxwz9a2y9yu89kp82qudheqfw4cr7le7k5v6famsdv6kgxjhrq74k504
our family takes the extremely radical approach of "there's no reason to take medicine if you aren't sick"
"don't buy anything you can't afford to pay cash for, but never pay cash" is the bitcoiner version of "buy, borrow, die"
what sort of math is this?
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 circling back to this because I was thinking about it more. can you share some more detail on why not?
yes. all debt securities sit ahead of common equity
this tard opened his address to joint Congress tonight talking about how he's bringing back free speech in America. these people hate you and think you're stupid
nostr:note1xxggc4efq6gmhfdyu0f5pxjlqfkmd0ntnjygzdef6zjsuzjpfthschn303
surely pools are running custom block construction software? or have blocks have been historically slightly less than full due to this and no one noticing?
as a bitcoiner and an American, today is a sad but unsurprising day in history
remember when strike said zero fees for everyone forever and then walked it wayyyy the fuck back? pepperidge farms remembers
well be demoing the new nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n Jade Plus hardware signing device and discuss private key generation and storage best practices. come learn and discuss!
nostr:note1mgnlmrlchnzrdk0nqe0jm5ernnrhaa77k2l5qm5zegg0c2l6hvwsc3wch4
an inside joke about the absurdity of large numbers. our tiny human brains can't comprehend numbers large enough to express the centralization of society and money. in the context of government spending we're numb to the magnitude because the numbers are so large they lose their meaning.
nostr:note1d5zmedha22y2n0zwmfnad60cgjdg72nsg8c4efaxtd37vda8mj8slae0km
2 year term is novel and exciting, but 15%+ interest is still so crazy to me. clearly no one has yet successfully bridged the private credit dollar supply over to bitcoin backed loans. there's a gigantic opportunity for some tradfi credit folks to capture a billion plus market of bitcoin backed loans with pretty much zero credit risk. expect rates to trend towards SOFR plus 400 or less this cycle. and whoever figures this out and gets to market first is going to make an incredible amount of money. Tether / Cantor seem likely leaders, but haven't seen anything since Lutnick's announcement at the conference last year.
https://www.coindesk.com/business/2025/02/20/onramp-and-arch-launch-bitcoin-backed-lending-service