Compound interest is something very few understands. Absolute scarcity is even harder to understand. Bitcoin needs thousands of hours studying so most people will never understand it, they will just use it.
Russia and UAE is mining Bitcoin. China and USA have to do the same to not get left behind. Game theory✅
Printing money is like peeing your pants to keep warm. The Fed was peeing hard in 2020. Now that the old pee is freezing they need to start peeing again to melt it. Pee on pee.
Holding Bitcoin is like holding Royal Flush in poker. You know you’ve won, and are just waiting.
49% of the population buys lottery tickets, but only 0.2% buys Bitcoin. We live in a high time preference world.
Everytime someone gets a mortgage the banks prints money out of thin air.
Being alive when Satoshi fixed money feels like winning the lottery.
Imagine ever wasting money on the lottery. You can use $670 to buy 0.01 Bitcoin or 20 lottery tickets.
Probability to be a USD millionaire:
0.01 BTC = 1:1
20 lottery tickets = 20:290M
The first night I went to sleep after I got orange pilled I woke up to buy more Bitcoin. I was afraid everyone else would understand it before I woke up the next morning.
Saylor will go down in history as the best CEO on Wall Street and it’s not even close.
Imagine working for 50 years then the money supply increases by 80% in five years and inflates away 40 years of your work leaving you with 10 years which gets taxed with income tax and capital gains tax.
Money printing is like peeing your pants to keep warm. It’s the ultimate high time preference move. The world did this during the pandemic, and now we’re paying the price.
When you understand Bitcoin you understand how bad fiat is.
A Bitcoiner is the type of person that can look at the Bitcoin price being $58k every day for 4 years straight and don’t sell. The amount of low time preference is on another level.
Game theory will force countries to buy Bitcoin by printing their own fiat currency to zero. It’s inevitable.
There are no interest from retail around Bitcoin. Retail needs some of their «heroes» like Apple, Microsoft, Bill Gates, Janet Yellen, Kim Kardashian or LeBron James to tell them that Bitcoin is wonderful. That will happen when the «heroes» have stacked enough in silence.
BlackRock is the second largest shareholder of Microsoft. They’ll vote AGAINST Microsoft buying BTC in December because if they vote YES they’ll send the price sky high into millions of dollars. The BlackRock ETF currently holds 400k Bitcoins and they want more at low prices.
The whales will use every opportunity and bad news in the media to manipulate the price so that weak hands sells their Bitcoin. Now the ETFs hold 1M BTC. How long will they be able to keep doing this?
During the last 5 years 80% of the money supply was created, ETFs have bought 1M BTC, Microstrategy have bought 252k BTC, Trump have endorsed BTC, available BTC on exchanges went from 3.2M to 2.3M.
And still the price is $66k. Make it make sense.
If you understand Bitcoin you know that it will go up forever. $1M will be looked back on as cheap.