Demand for a money derives from the money supply and security assurances.

#Bitcoin  is the only money with an absolutely fixed, unchangeable money supply.

#Bitcoin  is the only money that can be secured in custody schemas fully resistant to confiscation.

Bitcoin has now been working and trading for 15 full calendar years. It's time to see how it's doing and run some numbers.

On Jan 1, 2010, there were 1,624,000 bitcoin in circulation trading at around $0.001 each. The total market capitalization of bitcoin was ~$1,624.

On Dec 31, 2024, there were 19.803 million bitcoin trading at around $93,389 each, for a total market capitalization of $1.85 trillion.

In total over the 15 years, the size of bitcoin cash balances has increased by 110,400,000,000,000%, or around 110 billion percent.

If, during the next 15 years, bitcoin grows at only 1 ten millionth of its growth rate over the last 15 years, it grows to a total market cap of around $210 trillion, making it larger than all the world's fiat currencies and government bonds combined.

In such a world, a government may be able to keep its shitcoin alive if it doesn't inflate its supply too much (a big if, and an even bigger may). Whether they do or do not is largely inconsequential, because either way, inflation won't be able to touch the majority of the world's wealth.

Any bitcoin bearish thesis needs to present a coherent explanation for why bitcoin's next 15 years are going to have a growth rate that is significantly lower than a ten millionth of the rate of the past 15 years. Don't expect to hear one from people who get paid from the inflation bitcoin will kill.

Happy 2025!

Fiat is over if you want it!

Bitcoin or slavery. Everything else is a distraction towards your ultimate freedom.

California should just release the hostages

it will be bad when a client’s domain gets compromised and nsecs leaked via an attack

so people will switch to web based signer apps

then they will be compromised

the only way out is a proper hardware signer, a proper remote signer or a browser extension

Dollarization is when you use the USD instead of your domestic currency?

I'm just wondering when an economy expands, companies need credit to produce more cars. That also means people get wages and more buyers enter the market. This causes inflation

How would it be different in #bitcoin?

Dollarization is when you use the USD instead of your domestic currency?

I'm just wondering when an economy expands, companies need credit to produce more cars. That also means people get wages and more buyers enter the market. This causes inflation

How would it be different in #bitcoin?

Stays hot

Welcome to nostr!

I have officially quit my job.

Negotiated my new salary better than I ever have before.

Converting my first and every subsequent paycheck into Strike bticoin.

Going to love be on a bitcoin standard.

Go ahead, Universe. Fuck with me.

The fire in LA serves as a powerful reminder: never store your #bitcoin seed words on paper!

Dollarization is when you use the USD instead of your domestic currency?

I'm just wondering when an economy expands, companies need credit to produce more cars. That also means people get wages and more buyers enter the market. This causes inflation

How would it be different in #bitcoin?

Also using #introductions in your new posts helps for us to find new users

I’ve been a professional firefighter in California for 20 years. Currently I oversee a vegetation management program to reduce fire risk to communities.

We have money, resources and are ready to work. The Environmental regulations however take years to navigate and comply with and consume a large portion of the funds available for this work. California’s entire fire problem is a direct result of foolish policies.

It goes back to the USFS suppressing naturally occurring fire for over100 years resulting in excessive fuels in our wild lands.

Now the State of California is tying the hands of local communities in repairing the damage through nonsensical environmental regulations that prioritize red legged frogs or “spotted owl habitat” that hasn’t seen a spotted owl since the 80’s over human lives and property.

The government will blame everything and everyone except their own policies which are the real culprit.

The incentives are so screwed up that no one is really interested in actually fixing the issue because everyone is grifting off the system. Fires are big money for both Private contractors and government employees as is environmental compliance consulting.

There, I feel better now. Had to get that out.

#fire #grownostr

#bitcoin why you so up and down?