Wait is bitcoin dead again?
Bitcoin hydro eplodes? Also Nuclear mining farms take off.
But that's going to happen anyway. Peak oil is a myth. We are not running out of oil. Every decade since the 1960's we move out peak oil - technology fixes the supply.
And electric will be felt in early 2030's and oil will be left in the ground.
Great book, "Principles of Economics" by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
Energy costs will spike in US$ terms, but not likely in terms of #Bitcoin.
Thanks Fred, good perspective. I don’t agree about Peak Oil being a myth. Too much data coming out of our biggest oil fields communicating a downward trend.
Chris Mortenson has done some good research on the topic.
nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle what happens to bitcoin in a peak oil reality where energy costs spike?
Maybe this is a dumb question but I’m still getting a play of The land here.
Just unloaded my precious metals IRA.
We're recovering...
Anybody else enjoying stacking via apple App Store purchases? Simple and effective.
I bought my first Bitcoin in 2013 but didn't really dive deep into why it was about to change the world which led me to continue to put my faith in the fiat world...
In the previous cycles this has led to me to offload Bitcoin to buy fiat junk...
This cycle will be different.
#stacksats
🤣 single-handedly destroying the legend of R2D2
I always enjoy the irony of hearing fiaters ask what the intrinsic value of bitcoin is.
Here come follow me down this maize of rabbit holes.
Here’s a question for the class:
I’m in sales, have a commission check coming in the range of $25k. Do I:
A. Payoff debt
B. Buy Bitcoin
C. 50/50 split debt payoff and bitcoin buy.
Each responder gets a Zap.
She’ll be back.
Nostr is that club with zero branding and no marketing where legends are made.
Really enjoyed your perspective on “What Bitcoin Did” regarding freedom tech and the slippery slope of Elon’s false freedom paradigm that he’s creating with Twitter.
Seinfeld theme song. Nailed it.
I put myself in that bucket...didn't buy enough during this last trough moment...
Somewhere in some federal reserve basement someone is crying right now.
Let freedom ring!
#introductions