So how do we find out what that BS is ?

And where can we find objective information about alternative forks ?

Why not keep running an older release ?

Etc, you open a can of worms with little guidance ?

It's my next destination, any tips ?

Wtf are you doing with your car.

It needs service you know ?

Show it to your son as why to #Bitcoin.

Show it to your daughter as why to #bitcoin.

Uhmmm.

It is one thing rambling some thoughts, but something else to awnser serious questions !

So this is just my opinion.....

I think it will be faster than the Weimar period and more hectic.

First this is going to a world wide event.

Second with the interconnected world information goes way faster, and WAY faster.

Once the trigger is pulled, and I have no clue what it will be or when it will happen, there will be no going back.

Wetter oil companies start demanding exclusive #Bitcoin, or one of the world powers, China, US, Russia, whatever is going to use their printing press to buy up #Bitcoin, it will create a shock.

No fiat system can ignore that or they risk running behind in the hyperinflation it will trigger for most fiat currencies.

Whatever the source there will be too much fiat going through a too small funnel towards #Bitcoin.

To be honest I'm m surprised Microstrategy can buy this much #Bitcoin without the price/market responding so timid.

That is just one rather small company scooping up some 2,5% of all #Bitcoin that will ever be in existence in a limited time..

Imagine this would happen in the physical gold market 😬

And that is not even hard capped..

So I think volatility will go crazy.

And there will be fallout:

Government confiscating all centralized coins, and probably also capital flow restrictions as far as they can control it.

All these things will only be more dry wood for the #Bitcoin fire raging.

Bank transfers offshoring money won't be possible, ever tried to take some gold bars on a plane ?, leaving #Bitcoin as a few remaining possibilities to escape with.

Who in such scenario is going to sell their #Bitcoin against what amount of fiat, what are you gonne do with that fiat ?

I simply can't imagine a organized transfer between these two systems.

Those in control will want to protect their own position and by that cause panic.

All those fiat flows can be made invisible they do so for decades. But #Bitcoin can't be transferred in volume without not being noticed.

Microsoft buying 10 THOUSAND #Bitcoin is already big, but peanuts compared to the big players.

Imagine several trying to buy 10 Thousands daily 🙄

But I have warned for more than 10 years this system will collapse and so far not much has happened so it is just a ramble. 🤗

Still people care about Lambo ?

Endless money pit even if you would actually like the car 😇

That is why I said I did....

And I'm not SN..

When $ 1 million ?

That are milestone that matter.

Another few % up or down ??????

Legarde is still talking the same old bullshit, Bitcoin Bad. Criminals, blabla, look at our beautiful CBDC 🤡

Derivatives 1 quadrillion.....

The flow towards #Bitcoin hasn't started by any measurement.

Just a few crazy people...

Look at the volatility of Gold during the Weimar.

That is what is awaiting for #Bitcoin.

And probably the moves are going to be even more scary 😨

Funny stuff.

Even when you are allowed to hit or kick a Gorilla a hundred times before he can respond most would rather break a wrist or hurt themselves sooner than doing any harm to the Gorilla...

Who has the knowledge and guts to poke out his eyes and run away to let him die in a painful way ?

( the only way I would know to hurt him without weapons)

Yet many think they stand a chance against it 🤣

I loved El Salvador, only been there three weeks.

But prices are getting crazy.

Forget just buying something unless you don't mind paying way above what locals pay.

And it is still a developing country.

Nothing wrong with that if you know and realize what that means.

Cheap places are hard to find these days.

Cheap places with a high living standard are even harder.

That makes things difficult.

Leave for some better place now, while you know you pay some high prices, or wait for the downturn, not knowing when that will happen, how severe it will be and not knowing if you can still move by that time ?

And as always funding a 'better' place is not easy...

This....

Get a LN walled and start using it.

#SPAR get your #Bitcoin payment service out on whole of Europe !

Please elaborate, and for sure how we can help keeping #Bitcoin safe.

#Bitcoin reaching $1million is as easy as no one willing to sell below that price.

The fact Microstrategy can still bulk buy some 10 THOUSAND #bitcoin at the time without price moving much tells us many don't believe higher prices are close.

We have ONE Microstrategy buying (one company going all in), a few Governments tiptoeing, and ETF'S just getting started.

And already with this little demand they scoop up some 15% if all #Bitcoin every going to be in circulation 🙄

(See below)

Don't sell your #Bitcoin, keep your own keys !

When this thing is gonne start moving for real, we plebs can forget owning anything close to a whole coin.

APR from 14%....

Nice business model 😁

I tried this with the IRS.

It didn't work 🙄

Think small.......

Uhhm how about that not so small price ?

The system is terminal sick.

A Fiat system needs to grow to function.

At start it is not even noticed.

New money finds profitable investments and new sensible infrastructure also helps te economy.

A little debt is manageable.

The increasing velocity of money helps too.

But the system needs to grow even when sensible investments are gone, new infrastructure not needed and costs are exploding.

The debt becomes a burden and people stop extreme spending.

The society has become a social institution, ever needing more money.

Inflation is wrecking spendable income.

Goverment knows a few tricks, more debt, more taxes.

The welfare state attracts many, but most are unwanted or shouldn't need it.

Every developed nation is close to this state.

Something has to break.

Some things never change.

To spend #Bitcoin you need to own it.🤷‍♂️

Let's stop waisting time what the preferred hodling time should be ? 🫣

That prevents the longer discussion that Hodl is also a usage, and since you can't spent it without owning it even more important. 😇

Guessing is always hard.

I guess #Bitcoin chances of succeeding is close to 70%.

Not that I'm convinced there is a 30% chance of it

failing, but due to my rule there can't be much gain without risk (or cheating/violence).

And since I think there is plenty of upside I have to lower the chances of succeeding 😇

Even than, 70% chance on betting correct on the next world reserve currency / monetary system, doesn't seem like a bad bet ?

The only way inflation is not bad is if it can't be abused by humans !

So in case of #Bitcoin it is hard coded, finite, and used as a way to kick start it.

Once a monetary/Money system is up and running inflation is not needed. but more important if there can be inflation it will be abused.

You know you are fighting something you can't win ?

Tell me a better way to introduce the next #Bitcoin ?

Of course we are on the same page.

I guess we all have these two faces:

"I'm gonne save you, listen to me"

And

"IF you don't want to listen, find out the hard way"

So I moved all simple and sarcastic reasoning aside.

How can we help realizing this ?

I don't understand let alone help coding a quantum restaurant algorithm.

Few will hear you.

But you are right.

That is why an new "Gold rush" is on the horizon.

It will be the #Bitcoin rush.

The emotions will be similar as old Gold Rushes, but this time world wide.

I think it will out do everything we have ever witnessed:

First information goes way faster than ever in history.

Second we NEVER had something hard capped.

Third we never had something unlimited (Fiat) chase something hard capped.

We are going the witness a new standard

The previous Gold standard took many decades but probably centuries to work out.

But this time that realization will be suppressed in a very short time.

We are not ready for it...

We need to educate.

These are also the people who work for money someone else can just print, thus most.....

Only untill one is willing to really check for themselves, write down every form of tax, permission etc you pay to Government, they will realize how much Government actually takes.

I can't even imagine people not getting angry if they would know ?

The next phase was realizing what is being done with that money....🤬

After that there is no way back...

It doesn't make things easier..

But at least I now can do something about it.

#Bitcoin