Some of us only use 10% of our brains.

So if your iq is 100 and you’re not using the other 10% of your brain that’s like an iq of 50!

What’s with the badge hate

Put it in nostr:npub1kmwdmhuxvafg05dyap3qmy42jpwztrv9p0uvey3a8803ahlwtmnsnhxqk9 and I’ll buy $1000 worth.

Test out our new rewards feature!

Why doesn’t Damus let me wear this badge?

Are we so afraid of JPEGs that we’ve got PTSD?

Nostr Badges are sweet, no idea why the main Nostr clients are allergic to them.

Same energy as apple banning zaps imo.

This is awesome I somehow have 30 badges!

Is there an iOS nostr client that integrates with badges?

Not really it’s most long term angel stuff

I’ve had to go to the chiropractor twice this month, leading up to ETF launch.

Post ETF flop I feel much more comfortable

Very good advice

They shut that division down i thought

If I don’t leverage up to buy the dream house I’m in a no lose scenario.

If I sell some BTC and the global economy hits a wall and BTC tanks for a few years, I’d be in a lose lose scenario for a bit.

Nuts in a vice potential

How do I tell how many Nostr badges I’ve earned?

Damus does not show them to me

Wow that worked

Great rule

Says page not found

I’m really struggling with lifestyle FOMO right now.

I have been a good HODLer for the last many years.

I sold some BTC in 2017/2018, after taxes I used the money to invest in companies, diversify into real estate and take some trips / make some films etc general lifestyle improvements.

I wanted to buy a Tesla X and build a dream home.

After some thought, I chose to frig the Tesla (even easier decision to stick with when Elon started shilling DOGE) and take the same money I’d have spent on 1 dream house to instead use it to upgrade my family’s living arrangements.

For myself, I did some minor renovations and landscaping on my existing house and we purchased and renovated an older home in Cape Breton and a Class C RV to drive back and forth with for summer visits.

That felt like the right decision, a modest lifestyle upgrade for myself while elevating the standard of living for my family and investing in Bitcoin entrepreneurs building bitcoin startups.

I even managed to buy back some BTC with the leftovers, albeit at higher prices.

I’ve been practicing delayed gratification for many years…however over the last 2 mths I’ve been experiencing a very big desire to upgrade to a more comfortable home.

We found an estate locally that is incredible, my wife fell in love with it, and I’m really struggling with the decision.

I know this is the absolute wrong time to sell BTC.

The real estate market in Ontario Canada is likely to see big drops over the next few years, and BTC is likely to see big gains over the next 2 years.

I’ve regretted selling too much bitcoin in the past, yet here I am wanting to do it again.

I really don’t think it’s a good idea to take on a large mortgage right now either since rates are so high … I’d hate to be a forced seller of BTC at lower prices in case we don’t see a raging bull market.

Is anyone else struggling with this?

Is this a top signal 😅

If anything he will enable doge

If anyone in here is looking to make some money arbitraging and an 8% p2p spread, there's currently 2000 buy offers and not many sellers on Peach.

Most of the current buy offers are in:

Germany

France

UK

Spain/Italy

400 Swiss Franc is the average transaction size.

You don't have to necessarily be in those countries, the fiat payments methods accepted are:

Sepa, Revolut, Paypal, Wise & Liquid USDt are the most popular online payments methods

-For local people in portugal/swizterland etc there's also local payment options.

If you want to give it a try, just download the app at https://peachbitcoin.com/ and if you want to get your trading limits lifted, just email steph@peachbitcoin.com about it.https://m.primal.net/HXzc.webp

I’ll find out what they’re doing to monetize and report back

The “illiquid supply,” which is coins that are in cold storage and unlikely to be sold near current prices, is growing.

It’s approaching 70% of BTC supply is in long term hold wallets, held likely by long term investors.

ETFs now introduce another factor for probably $30 - $60 billion worth of BTC to be soaked up by HNWs and Institutions to long hold BTC.

That’s another ~10% of the Bitcoin supply off the market, in long term hold by ETFs.

So now fast forward a year, we’ve got only 20% of the supply of Bitcoin in hit wallets and exchange wallets.

We now get into a situation where volatility to the upside is much more likely as the available float is lower and lower.

As the OTC brokers run out of OGs to offer a premium to, they have to buy on the exchanges.

BTC Miners after the halving are going to be less relevant in the OTC conversation because their supply to sell to OTC desks is going down by half…but not only that, the financialization of Bitcoin miners means a lot of the miners have already entered into contracts with power companies and others … a lot of their mined BTC is already sold.

Covered Call ETFs are launching which will be buying shares in GBTC, IBIT, FBTC etc (not buying BTC) to do options strategies with to earn income & pay dividends.

Am I correct in thinkng that Wall St will be trying to dampen volatility with these Covered Call ETFs, but that it also creates a condition where a sudden rush of demand for Bitcoin (whether through the Bitcoin ETFs or through exchanges buying real Bitcoin) could create a massive God Candle situation as the supply becomes more illiquid.

Lets say in a year, when all of these ETFs and Covered Call ETFs have soaked up 10% of the BTC supply, and Bitcoin Maximalists are not selling their Bitcoin, they’re locking away as much as they can in cold storage.

Now we have the Abu Dhabi Sovereign Wealth Fund looking to put 5% allocated towards Bitcoin.

That’s $50 billion in BTC they need to acquire.

Now lets say corporations start to realize that cash is a melting ice berg and they start to follow Microstrategy & SpaceX/Tesla in that they start to allocate 5% of their treasury to BTC.

Now let’s say every Billionaire in the world wants just 1% of their net worth in Bitcoin.

There’s 2600 Billionaires globally controlling $10 Trillion.

There’s another $100 billion of demand for BTC.

So now you have a “liquid supply” of Bitcoin of around 4 Million BTC with an ever-increasing demand by the wealthiest 0.1% as owning enough Bitcoin becomes a Veblen good, highly sought after by the world’s wealthiest.

With a large percent of Bitcoin inside of these Covered Call ETFs, they could miss significant upside of an Omega Candle driven by 0.1% FOMO.

This isn’t even factoring in retail demand, and the bottom 50% scrambling for the lifeboats as their currencies depreciate.

Caveat this with the reality that the “illiquid supply” will decrease significantly at a certain price point.

If BTC shot to $250k too quickly, 1-2 million BTC would probably enter the market as “liquid supply” and dampen the rise.

I have a pitch call coming up today with someone from the Crypto world who has decided to build on Nostr instead of using blockchain token schemes.

He’s going to build reddit using Nostr 👀

Anyone angel investors want to join the call?