Scripting guru🫡

Waiting for $15k #bitcoin

Whenever I encounter something I don’t know, whether big or small, I look it up. It’s simple, but a lot of people don’t do it.

After years, this compounds more then it seems.

Elon is quietly funding dogecoin development.

meanwhile those working to spread freedom of speech are building on #Bitcoin & #Nostr

Ever since around 2013/2014, bitcoin’s price has closely followed the rate of change in the growth of global broad money supply (M2) in USD terms.

In other words, from the perspective of macro investors (which are generally different than network users), it is the asset that best serves as a pure-play on changes in global liquidity. It’s a hedge against monetary inflation, not CPI inflation.

Notably, the dollar index relative to other major currencies strongly affects global monetary inflation.

So in order to have a view on price within any intermediate term timeframe (eg the people calling for new ATH prior to the next halving), it’s important to have a view on global monetary inflation and liquidity, because that is primarily where new external demand comes from.

Right now, bitcoin is a coiled spring on the supply side (fast money is out, coins have rotated towards strong illiquid hands), but the demand side (and thus the price) is largely a question of global liquidity.

Need stack sats!

good morning nostr, live free or die 🫡

Pheonix is good for this. Also apparently mutiny

I am halting all signups. Generating private keys is forbidden.

Gold 2010

Good Morning! Today is a great day to dump dollars, stack sats, and enjoy art!

Check out my latest artworks now available at StevenMinnaar.com:

Footnote: If you like this post, repost it and I'll zap you 100 sats (first 10). If you really like it, zap me and I'll pay it forward. If you really, really like it, start your collection at StevenMinnaar.com and join the search for Hidden Bitcoin Treasure!