A government that issues debt and pays interest on that debt, and then can print more money out of thin air to make good on the payments, is crazy.

When I hear “risk-free rate” any more my alarms start going off. Just imagine working for the same pieces of paper without an escape…

#bitcoin

Retail #Bitcoin FOMO is binary. Below ATH: 0%. Breaks ATH: 100%. No in-between. They ignore the grind, then sprint headfirst into the hype. Classic.

this is the era of bitcoin treasury companies. they will compete so badly that one day a biotech firm will post, “we cured x type of cancer… also added 7k btc to the balance sheet.”

Bitcoin isn't just a digital currency to me, it's a symbol of financial freedom, personal sovereignty, and my belief in a future shaped by technology.

#bitcoin #nostr #zap

Shared this with my Facebook Normies:

Bitcoin is at a possible divergence point. These are interesting times. I encourage everyone of all generations to learn about it. People are beginning to realize it is the safest store of value. That's a step change in adoption. The hurdle rate for other companies is too high. They know their business will outperform other business if they keep their cash in bitcoin instead of the bank. If their best investment returns 10% or 20%, yearly, it isn't worth it compared to bitcoin. They really have no choice due to game theory, but they haven't quite got that far yet. I suppose maybe they have something up their sleeve, but I would bet on bureaucracy as what is slowing them down. I'd also point out that my favorite bad guy Elon just added to Tesla's holdings this last quarter.

This is a chart of how much bitcoin is owned by corporations, etfs, governments, and exchanges. They have over 3 million of the 16 or so million. All they are doing is buying. This is like land - they aren't making any more. This is digital property.

They have regulated it. That's acceptance. All those extra dollars they print that drive up prices? Bitcoin eats those. That's the easiest way to look at it. It will eat everything. Then we will transact in it or things anchored by it as base money.

Not investment advice. Everyone should educate themselves. That is part of the process of seeing the inevitability of it. Is 100 hours of your time on something that is really pinging your cognitive dissonance right now worth it? The entire system is changing. GenX has seen a lot of change. Now, realize that money is changing next just as we go into AI.

Everything is about to get weirder.

Indian snacks "Raj Kachori" 😋

#indianfood #foodstr #food #zaps #nostr #sats #bitcoin #photostr

Meat for sats is peak civilization.

GM☕

Virtue is built in the struggle.

GM

😍😍😍😍😍😍

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