Do you look at Bitcoin as an investment or money?

#bitcoin #investment #money

Do you ever just zap yourself

#feelingzippy #justatickle #zap

Went to buy some nice casual shoes after work last Friday. Some of the shoes I remember being under $100 a couple years ago were listed above $200! After about an hour I left the mall, and just decided to buy more Bitcoin. My shoes are fine.

#bitcoin  #inflation

The 21st Century is the century of mobility. The power to leave is becoming more and more evident. The internet is providing individuals with more opportunities to learn and finance themselves. The disruption of traditional institutions will continue. Will they adapt or die, that’s for them to decide.

#Bitcoin #internet #information #mobility

One of the most impressive aspects of Bitcoin is the way in which it magnetizes the public eye. Some of the most successful brands today don’t advertise their products. Two that come to my mind are Tesla and In-N-Out. When you have a great product the customers will do the advertising for you. Bitcoin, although not a product, has a similar effect. Those who buy in are incentivized to grow the network. As the Bitcoin network continues to grow it becomes harder to ignore. As members of the network learn more they are more convicted in their choice to be here.

#Bitcoin #magnetism #networkeffect

Who’s going to teach the Amish about Bitcoin?

#bitcoin  #orangepilltheamish

Banking should be a service rather than a business. If the money is not in the bank then this should be called something else. As a customer I am looking for storage, not investment.

#banking #transparency

The commercial real estate collapse in SF is inevitable. Tech/finance companies simply don’t need as much space to run their business anymore and they are continuing to digitize. Borrowers will default when the principal becomes due and banks will take a haircut. The next question is, where does the demand go? Some say these buildings should be converted to residential, I disagree. The financial district, is not an attractive destination currently, issues need to be solved first (homelessness, crime). This is too much additional supply of housing, It won’t work. It will take time for supply to meet demand. It will be a great opportunity for new industries starting out to come into the city and get a bargain on office space. Where else will the demand go?

#realestate #supply #demand #sanfrancisco

Any Bitcoiners finding it difficult to diversify? I know I am. What other assets are you invested in? Let me know below. Gold makes the most sense to me, as it is an insurance policy on Bitcoin if it were to fail.

#bitcoin  #diversification

Is there a price in USD that you’d sell your Bitcoin for? I’m curious, drop a comment with your selling price.

#bitcoin  #whysell

Long term debt seems like a really stupid bet to me. Your lending your money to the government so that they can pay off their interest on debt. How are they going to pay off your debt? Their going to DEVALUE it. Is this productive lending.

#printer #duediligence #Fed #debt

If I was a regional bank, how would I protect myself from a potential CBDC putting me out of business? I’d stop buying bonds and I’d start buying Bitcoin. The FED can screw me with monetary policy, but they can’t change Bitcoin.

#bitcoin  #Fed #CBDC

In 2008 we saw gold sell off, why is that? People needed cash to pay for their expenses and to pay off their debts. Gold is not a great medium of exchange, you still needed something liquid in the short term. Some expect Bitcoin to take a similar dip in the upcoming recession. What they may be overlooking in their comparison, is Bitcoin’s superior function as a medium of exchange. What if Bitcoin is accepted as payment for expenses and debt in the short term. What if people don’t need to sell into cash to make these payments.

#bitcoin   #acceptability

All for more Bitcoin investment tools such as ETF’s. However, one of the main reasons you should hold Bitcoin is that there is no counterparty risk. These companies filing for Bitcoin ETF’s are exposed to a bunch of other stuff. Buy a cold wallet (do your research, I like Trezor), buy some Bitcoin, send it to that wallet and protect it.

#Bitcoin #selfcustody #trustyourself