If you believe in scarcity , would ever want to be in commodities manufacturing?

#askNostr ..

#bitcoin gained tremendous value since its inception 🥇 .. no, I am not talking about the fiat price of a coin !

From a lowly eCash tool , it established itself as a store of value ! The value of network multiplied because it stuck to its values - immutable value system despite lures and pressures !

The old saying says " rolling stones gather no moss" :-) Code turned into #gold .

:-) Yes

That seems obvious, but #nostr might do the trick .. what is your rationale ?

Big tech is buying islands to set up nuclear power to run their #AI mills

What a waste 😭 ..

#bitcoin is inevitable..

The only question is ..

- will it reach the plebs first - via #nostr #zaps

- or via Banks to the ultra and very rich

OR both ?

#askNostr

And there are no shortcuts !

Most people fail at #nostr cuz they didn't follow the prescription..

- leave #microsoft

- leave #apple

- leave Google

- give up social

- leave smart phone ..

- give up GUI

.. Find #nostr ..

Then use whatever you want 😉

It is cryptic message from divine - leave the garden :-)

Schiff is wrong about #bitcoin ..

#Saylor is wrong about #gold

Two wrongs - make ONE right ..

Spread your portfolio (gradually and equally) into #bitcoin and #gold .. start with say 5 % .. watch and grow to 10 , 20 ... Target is 30 Bitcoin - 30 gold .. 30 stocks and 10 cash ..

It doesn't really matter thenportal you use - securities, ETFs , exchanges or ATMs :-) .. crawl , walk , run ..

#bitcoin is a way to educate the most educated ( and tech savvies) what uneducated people in India already knew ..

That #gold is the best form of money .. it is first #decentralised , #censor-resistant, #permission-less and #private store of value ..

Some people are #jargonOnly :-)

.. must be said ..

If #bitcoin reached through #nostr ..it will reach the poor ..

If it did via Banks - it will help the rich ..

Either ways ..

But that said ..

If you really want to help the poor ..quickly - buy #gold ..

Three billion people in China and India together privately custody 70000 tons of #gold .. if gold goes up , it is an intravenous injection to lift the most vulnerable ..

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It is not only that .. Bitcoin opens the door .. it is like a laddar .. once the bridge is made ..freedom tech and IDEOLOGY folks can reach the places otherwise closed to them ..

And yes .. 10 Million a coin is a welcome thing :-) ..

walk your dogs and water your plants - yourself :-)

It is an absolute hype .. and the bubble is about to burst on big tech ..

As for coding , writing actual code is probably ten to twenty percent of work - the bigger chunk is thinking about code ... . AI doesn't do the bigger part ..

There is a limit to how much faster you may run on better shoes .. I am not beating Ussain Bolt any time soon ..

However, if you want to sell a big stash of scarce goods , price will crash .. so it's a catch 22 .. you can't get out .. your only path is forward..

On the other side are commodities.. you can buy as much as you want without moving much needle on price .. and you can sell as much as you want ..

The modern economy is based on commodities.. and to commoditize every possible good and service .. the goal is to make everything available to everyone..

The most powerful social client ever .. across all social platforms and protocols ..

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The concept is nothing new ..

if I want to borrow 100 dollars , a friend would lend me for free .. if I want a million dollars mortgage, I would end up paying 8 percent .. likewise ..

Which means a million dollars together are more precious than them as individual bills ..

Scarce things always get pricier if you wanna buy more of them together ... In a bigger lot ..

If I placed an order of 250,000 Bitcoin today , what will be its price in next hour ..next day ? .. #askNostr

Nope , I am not buying 250 K coins :-) .. I am pointing to market cap of #MSTR .. Market says it will be 43 billion dollars ..

Which means one Bitcoin is valued at 175,000 dollars today for a lot size of 250 K ..

Scarce things always get pricier if you wanna buy more of them together ... #bitcoin

Prices of other assets will never fall because Govs will always need to step in .. point in case property market in China ..

Bitcoin price will keep on increasing because of above printer .. and a part of it will go to gold .. but btc will be disproportionately high ..