People buy gold out of fear.

People buy Bitcoin out of hope.

The difficulty adjustment in Bitcoin was an epiphany for me.

When gold prices rise, more gold gets mined.

When Bitcoin’s price rises, the supply issuance stays the same.

Gold CANNOT compete with Bitcoin’s inelastic supply.

While there is clearly some “signal” to his short term technical read, from my perspective, he treats Bitcoin as just a high-beta “risk-on” asset. Obviously, that’s all it is to the fast money, NGU crowd. But its real value is as an emergent, deflationary monetary protocol the likes of which humanity has never seen before.

So, regardless of the one day, week, year or even FULL CYCLE volatility, if it stays decentralised and secure (nod to nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqgewaehxw309ac8junpd45kgtnxd9shg6npvchxxmmdm2rmas) it MUST eventually outcompete the existing fiat system. Completely. As in “winner-take-all”.

My point is that one can REALLY wreck themselves by overthinking and trading bitcoin’s price in fiat. I have found it’s just better to get my UTXOs off exchange and into my own sovereign control. This allows me to free up the REAL scarce asset. My “time and attention”. 😌🪬🫶

My current favorite Bitcoin podcast is far and away the nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc show. He exudes energy, positivity, and keeps it real.

Love hearing his macro and Bitcoin opinion/insights. The added benefit to him answering Strike-related questions and talking business makes it super unique. Wish more Bitcoin company and regular company CEOs did podcasts like this.

Highly recommend it.

Many bitcoiners are butt hurt to see gold going parabolic.

Zoom out, bitcoin has performed exceptionally well so far this decade and will continue to do so.

Gold is having its day because governments are falling back to what they know as the dollar reserve system comes into question.

China is setting up a parallel settlement network using gold and it's using gold because it's been reliable for millennia and, more importantly, has the liquidity profile to settle the size they need to settle if they're going to compete with treasuries.

This does not change the fact that bitcoin is superior in every way to gold. It's a harder money that's more easily divisible, easier to send, easier to verify and easier to custody.

Bitcoin still has many trillions of dollars of market cap to add before it can compete with gold from a liquidity perspective.

I am more optimistic than ever that bitcoin will reach this point because more people are learning these facts every day and the infrastructure around the protocol is advancing at a faster pace than I've ever seen.

Square's release this week is the latest example of this. 4,000,000 merchants across the United States are currently being forced to ask the question, "Should I accept and hold bitcoin?"

How many do you think will take the plunge?

Zoom out.

Talk to the people, it's the best way to curate a feed. Also maybe read most things with a bit of sarcasm, it makes life here more fun.

Talk to the people, it's the best way to curate a feed. Also maybe read most things with a bit of sarcasm, it makes life here more fun.

Followid 👀🤣

You make zaps from people who feel like your content brought them enough value to hit you with some sats. Or they just like what you are doing! Welcome!

One of us!! 👀😂

Followed 😂

Bahaha love the follow thru

Welcome to nostr. Shit gets weird here 😉

Welcome to the wierdest wild westyist palce on the interwebs 🤣🤣

Why not post a note introducing your self so we can get to know you better ?? Add the hashtag #introduction, visablity and conecting with people with similar intrests is driven by # as you can follow one to curate your feed. 🫂