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Brett Phillips
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Brett I. Phillips My initials are bip 🤔 I like to play devil’s advocate and take the contrary position.

Indeed it is. Similarly how the ETFs needed to be seeded before the normies entered, we too are seeding nostr with content.

GM! It's a beautiful day in the [Bitcoin] neighborhood...won't you be mine [store of value]...won't you be mine [medium of exchange]

I tried buying some candy and a drink at a Pick'n'Pay in Cape Town, ZA last week. Before traveling, I had heard about the crypto qr app that would convert a payment QR code to a lightning invoice listening to nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk. I was very excited; the app seemed rather slick and the test transation worked. At checkout, payment failed; in hindsight it was probably because my VPN was turned on. As I fell back to tapping my phone for a credit card purchase, I was still bullish. Frictions will lessen; we are still early.

Bitcoin's potential to suck the financial premium from other asset classes like major US equities poses a significant risk to 401k's, IRA's and the providers of these vehicles. They know this and are attempting to use bitcoin ETF's as the replacement asset to keep their target date funds alive and the massive amount of fees rolling in (perhaps)