The only thing that Brits love talking about more than the state of the weather is house prices.
"Safe as houses", "can't beat bricks and mortar" etc...
To help grow the BTC as unit of account meme, I had a rough idea. The national House Price Index (HPI) but priced in BTC rather than our national shitcoin (GBP).
Here's a quick mock-up for the index based on the summary style of HM land Registry.
Perhaps it should include 'Since June 2022' and 'Since June 2019' (last reward era) rather than last month and last year.
The gist is to highlight the difference between nominal and real performance - could turn into a website with some more info.
Any ideas / feedback welcome 🙏🏻
💯 - check out handle @MacroScope17 for commentary on this theme
In the agricultural age the wealthiest people owned farms.🌾
In the industrial age; factories and production lines. 🏭
In the information age, the wealthiest people have powerful ideas which spread at the speed of light. 💡
People thriving in the information age aren't doing so because they're better with tech.
They're thriving because they are better at letting go of the way things were done in the industrial age.
Maybe they were never attached to these ideas in the first place (Gen Z).
Gen Y are really caught in the middle, following the boomer playbook at their own peril.
More followers on this bird app than the other, considering dropping X entirely.
Careers really are old tech. in the information age.
🇺🇸 Department of Labor estimates that a worker entering the labour force today will have ten to fourteen jobs by the time they are thirty-eight.
Heading to Bristol over the weekend, any BTC spots I should try and check out? Thinking ☕ and 🍺
RIP Twitter
BTC adoption feedback loops
GM
🚲
☕📝
Seeing a building project under construction as a bitcoiner...
What were interest rates when it was on the drawing board?
What will they be when it completes? 🤷♂️
The fiat standard is madness.
How Brits can save time and money on P2P #Bitcoin trades in 2023. 🇬🇧
Which tools give you access to more peers with better offers?
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Why trade P2P? 🤝
P2P trading provides privacy benefits over centralised exchanges.
As the risks with the KYC process become better understood, P2P platforms are set to grow.
Further exchange bans from banks will also boost adoption (see
StarlingBank)
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Where to start?
Peach, HodlHodl, Bisq, and RoboSats are well-known P2P platforms.
Peach and HodlHodl are particularly easy for new P2P traders.
That said, finding peers in the UK is often a waiting game. ⏰
Order books are thin, and trade premiums can be high. 🫰
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Enter Revolut, a multicurrency neobank with excellent exchange rates. 🏦
It's simple and free to deposit GBP 💷 via Faster Payment bank transfers or a debit card.
The option to swap from GBP 💷 to EUR 💶 instantly (with no fees) opens up BTCEUR offers on P2P platforms.
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Regardless of which P2P platform you browse:
• BTCEUR order books are deeper.
• Lower trade premiums are available.
It's no surprise, there's a total population of ~67 million with Sterling 💷 compared to ~340 million people with the Euro 💶. (5x)
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As an example, check out Hodl Hodl earlier this month as a buyer:
💷 Faster Payments (GBP)
• 2 offers, best price £24,973 (€28,181) / BTC
💶 Revolut (EUR)
• 12 offers, best price €26,290 (£23,320) / BTC
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Trading #Bitcoin P2P is sure to become a more popular option in the future.
For now, with more offers and lower premiums, BTCEUR order books are better than BTCGBP.
Try using Revolut as an easy way to find more peers on your favourite P2P platform: https://revolut.ngih.net/c/4243721/1471631/9626
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For peers who aren't in a hurry, consider posting some trade offers in GBP to improve order books for other Brits. 🇬🇧
To compare order books for all four platforms mentioned, check out the full article here: https://ianforbes.ghost.io/p2p-btc-for-brits/
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Are threads on #nostr a thing?
Sad to hear about Bottlepay ☠️
It was a slick app for Brits 🇬🇧
Wen address to zap ⚡️?
Have you got a Revolut account? Seems to be a good option for 💶 generally, you'll even get some brits on there too.
Tricky to protect customers from fraud when they're dealing with GBP deposits in a fractional reserve system 🤣
Love that it's displayed everywhere now even by the lamestream media.
Price is what gets people over the line to take ACTION.
Most folk continue to ignore btc until it breaks ATH, then FOMO buy the top, inevitable lol
Have Fun Staying Poor is a strong meme.
Coined by the crypto bros, appropriated by a fiat economist 🤣
Looking forward to the doc that gets made about FTX
Lol, just like bitcoin...
Saw that Fedi has raised $20+ million in VC. Looks slick but where does the revenue come from with their community custody app / wallet?
In the UK Bitcoin price has been listed in the biz section of the Evening Standard for a while.
Heard it's now in The Week mag too, very popular with white collar boomers.
Financial advisors will be getting a few calls when btc outperforms all familiar indexes this year.
Ledger breach was a bad one too, phishing is non stop.
mETH merge was peak lol
Doggy coin and BNB made the cut. Some shitcoins can beat the odds...
https://www.swanbitcoin.com/bitcoin-and-the-one-hit-wonder-altcoins/
The functions of money, fiat currency edition:
S̵t̵o̵r̵e̵ ̵o̵f̵ ̵v̵a̵l̵u̵e̵ -> Medium of exchange -> Unit of account -> Means of control