Avatar
Anda
1359beb3d2334b2e5d4655850b1bc270c9a077878973394b3d3fe5cd1382b0af
#Bitcoin #Politics #Sports #Food #Fitness #Music #Travel

Put this in perspective:

THIS WEEK ONLY…

1. The Fed cut rates by 50 basis points

2. Microstrategy purchased ~25k #bitcoin

3. Trump sends first #btc transaction from a US president

4. SEC approves trading options on Blackrock’s spot Bitcoin etf

5. ‘Rumors’ that BNY Mellon will be granted exception to SAB121 to custody Bitcoin

The bull run has started

Say goodbye to $58k

Say hello to Valhalla

#SEC just approved trading options on Blackrock’s spot #bitcoin etf

BNY Mellon may soon custody #bitcoin… all other banks will follow by the next halving.

So nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m bought another 7,420 #btc now totaling MicroStrategy’s holdings to 252,220 #bitcoin.

Bitcoin is a numbers game, and #Mstr holders will reap the rewards in unimaginable ways.

Day 31 of #100pushups until 100k

40, 30, 30

One month down 💪🏽

#workout #fitness #fitstr #gym #bitcoin #btc #grownostr

We just crossed 1 hour and counting for the next #bitcoin block to be found.

The elusive block #862,016 is out there, somewhere.

I love the rifts caused by nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m and nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak for simply having different long-term #bitcoin views.

But everyone is missing the point…

Bitcoin is an open protocol, meaning anything can be built around Bitcoin. We can’t control it, so why limit what can be done?

The sole priority is keeping the network in tact. Everything else follows.

Replying to Avatar Jeff Booth

I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed.

The natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure)

Free market economies are more productive meaning faster deflation (or real wealth gains by falling prices)

That system is incompatible with an inflationary monetary system meaning one of those systems must fail.

Either:

1) A system based on truth, hope, and abundance for all 8 billion people on the planet driven by a free market economy and all prices fall relative to bitcoin forever. This means Bitcoin is used as a medium of exchange and freedom tech spreads to the world through lightning, Liquid, Fedimint, Cashu, etc.

OR

2) A control system. An extractive rent seeking system that is NOT the free market (similar to the one we have had for 5000 years that resets every 100 or so years through war) continues to centralize by having you believe price of bitcoin is going up in fiat which makes the surveillance state stronger. This eventually centralizes Bitcoin - custodians, media, regulation (funded from the same manipulation of money) where it is attacked from layer 2. (Similar to gold)

While these ideas may “seem” compatible in the short term because you want Bitcoin to go up in fiat. What it really means is that you are giving your energy and strength to the system centralizing the world by converting Bitcoin to Fiat….to then measure prices.

Quite simply - If Bitcoin is only a store of value, it fails as a store of value.

Ps - It won’t fail. #1 is inevitable in time because too many (and more each day) have seen behind the curtain and are determined to build path #1.

Many of you here - the people that inspire me every day. You make a difference with every word, thought and action.

Almost did that in all caps per nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx because it’s so important.

Referring to # 1 above…..There is no second best.

They may not coexist, but #2 will lead the way until it has to be replaced by #1.

Looks like my comment on yesterday’s video inspired this topic!

RE today’s video:

The fork won’t happen until the US controls more #bitcoin. If they follow RFK’s suggestion and accumulate 10%+ of the supply, then this is on the table. I also expect they could intentionally “lose” bitcoin/have Coinbase hacked to justify a fork.

This can be avoided if mining is treated as national security, and all countries, including our “enemies”, maintained significant hash power.

Jurisdictionally distributed hash power reduces the incentive to fork around.

How is no one talking about the markets today?

#bitcoin is up

#mstr is up

#s&p is up

#gold is up

#everything is up

Thought Apple was notifying me of a #lightning wallet hack…

#bitcoin #btc #liquid

Hot tub night session

Day 30 of #100pushups until 100k

35, 35, 30

#workout #fitness #fitstr #gym #bitcoin #btc #grownostr

#Trump just sent the first #bitcoin transaction by a president of the #US, live on video.

It has always been important for the president to show their commitment to doing the same thing the public is doing.

One of these matters more than the rest.

#bitcoin #btc

Cheaper to borrow money, so more money can move faster. Generally this money flows into investing in business labor, materials, and ‘risk-on’ assets, such as bitcoin, gold, and the stock market.