And feels like retail is still largely unaware
#Bitcoin has crossed the rubicon and retail still remains largely unaware. We are so early!
GM #Nostr ☕️! As #bitcoin enters the open waters of price discovery, it is a fair winds and following seas kind of day! Have a blessed day!
Few still get how early we are to #bitcoin in the arc of fiat debasement
GM Dave! Clear and Visibility Unlimited for #bitcoin
Prayers for an open minded audience that prioritizes logic over ego
Not in a long time but I sure remember when I did! Aloe helps
Really well said Beau! A purposeful life is a good life! Just remember to share it with your loved ones along the way!
Natural deodorant without aluminum would be a great addition!
#Bitcoin eventually teaches everyone to adopt a long time preference.
Gradually then suddenly they will, glad they at least recognize your quality products!
#Nostr keeps getting better each and every day, grateful to be here!
And GM to all my fellow Nostriches!
Creates a higher bar but makes things #worththesats
I agree @HODL. As sovereign debt loses credibility with ratings downgrade, this is their lifeboat. I also see XXI as a likely backer for bitbonds because they can’t refi 10 trillion of bonds at 4.5%. Transmuting dollars to #bitcoin spares no entity
#Bitcoin is programmatically designed to go higher with a fixed supply being measured against fiat dollars that can be infinitely printed. It’s simple math and it’s a brilliant construct
For your reference:
This is the 100-year chart of the S&P 500 in #gold terms that I allude to in my recent interview with nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqgq73kpcjhhrptf9gnd9qksu3k2nxr09tusez8ltmk8z9x4h6wdavuwmfgqg
This "30,000 foot view" of the secular peaks and troughs of US asset financialization is incredibly telling... and critical to grasp.
History does not repeat... but it does rhyme.
Based on this chart, I think the closest correlate with where we are in the current cycle is approximately 4Q 1972.
Question:
If, in 4Q 1972, you could invest for the ensuing 10 years in either:
- US financial assets (including stocks, bonds, and real estate)
OR
- International equities and hard assets (including bitcoin and gold)
...which would you choose?
I'm not telling anyone what to do. But I am encouraging you to consider where we are--economically-speaking--and, importantly, where we are headed.
Onward and upward.
Welcome back Dr Jeff, always hard hitting truth and the quality alpha we all need to stick with and add more #bitcoin exposure!
