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Btcfeen
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BTC, MACRO, COOKING, FITNESS. I am generally interested in a lot of things and very open minded. I talk about things I find interesting.
Replying to Avatar Bartholomeus

https://fountain.fm/episode/S5nRdQS5jPHK14a3c4pJ

Trust, ETF and Trojan horse.

Great compilation with so much value, thanks nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev!

Don’t trust (Blackrock), verify!

They don’t have to REDEEM your IOY (paper) BTC, by using ā€˜33 trust structure.

Only positive point: Invasion of bitcoin mind virus in traditional finance

Don’t give your money to Blackrock to buy #bitcoin

Not your keys, not your coins or trust minimized group ownership

The positive is it gives way more capital access to btc. Like it or not, most boomers will only invest in btc bc blackrock gives it their stamp of approval. More capital means ngu. Ngu means more greed puts eyeballs on btc. More eyeballs mean people learn what btc real is. Hopefully after people invest they do the homework to learn WHY self custody is better than letting blackrock custody it

The biggest scam was when fiat was invented and money went from something that was scarce to something that could be printed at will. Why? Several reasons but one is war. Before the gov had to issue bonds and if people didn’t support the war it wouldn’t get funded. Now they can issue bonds and the fed will just monetize it. But who loses? The people thru inflation. Another reason is people with connections get super rich. Say you own Raytheon or phizer. If we go to war or say you need this shot to keep your job, it’s not good for the people at large, but it’s getting done anyone bc the people in charge of the gov can just fund it with printed money. That is why the money is so fucking important and why things will get better on a sound money standard with btc

Unless it’s prime real estate like ocean or lake front, famous city, or a mountain home, RE is not a SOV. Tech will allow homes to be mass produced very quickly and with WFH people can live anywhere. And yes that value will flow to btc

Any cool feature that alts have will eventually be added to btc’s subsequent layers. I don’t think alts are a complete waste of time bc they are test beds. But if anyone things anything will take over btc they are silly.

Binance losing market share is a good thing. They just push shitcoins when retail is getting excited about btc after new aths. Who remembers all the trash on binance chain lmao

note1h9r8qnhr7unexnvmn5uf24ywfwudswv34t0mandw9qde944n8q0qyztudu Larry’s bags are packed

No matter your thoughts about blackrock, them filing for a spot etf is hyper bullish for price

Alts will continue to get trashed until btc breaks 50k