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The Sat Stacker Show
6a39f7337575ebad62dee5c41999bfe603f5c2eaf5b181e450f555fe9a7dec75
A Bitcoin show for people who think deeper about money. Where we stack signal, not hype. And its about conviction over predictions. My goal is to help people better understand and grow their conviction in the best form of money ever known: Bitcoin. Time to quick slacking and start stacking.

Harder to gain followers on NOSTR bro, there aren’t enough OF bots 😂

Professor who thinks the gold standard caused the Great Depression.

But doesn’t understand that Monetary intervention is required to solve problems that monetary intervention caused.

Full takedown vid avail on YT

https://youtu.be/WA6UvNCA8XI?si=tYfQEwoZomDj5ykD

https://m.primal.net/OTwW.mov

Here’s my Matthew Kratter - esque takedown of the arrogant UK Professor who hates bitcoin but knows nothing about it

nostr:npub1v5ufyh4lkeslgxxcclg8f0hzazhaw7rsrhvfquxzm2fk64c72hps45n0v5 https://fountain.fm/episode/MaF0sLzJ5t53j5duscNv

Great video Matthew. Shameless plug but I also made a takedown video of this professor on my channel if anyone wants to see him get destroyed a second time 😄

YT https://youtu.be/WA6UvNCA8XI?

Scarcity is important, but it's not the only reason bitcoin has value. Don't get sucked into the "what is it backed by" fallacy. Bitcoin is money, and as such it doesn't need to be "backed by" anything else. (What is gold "backed by"? Nothing, because gold is money. Fiat needed to be backed by gold because fiat is not scarce.)

Bitcoin fits the properties of money, and thus does not need to be backed by something else.

It's durable, divisible, fungible, portable, verifiable, and scarce.

History shows these are the properties that a given commodity must have for human beings to naturally and voluntarily converge onto using it as money.

The appreciation in bitcoin's "price" is evidence of the free market adopting it as a monetary good and a store of value. Volatility is a natural symptom of fickle human beings, not a lack of stability in the properties of Bitcoin.

Bitcoin is 16 years old and there are $900T of dollars and dollar denominated assets sloshing in and out of Bitcoin's $2T market cap. Of course its fiat-denominated exchange rate is volatile.

The free market values Bitcoin not only because it fits the properties of money mentioned above, but also because it comes along with its own monetary network.

That monetary network enables the transfer of value over a communications channel, without the need for or permission of any third party.

Imagine being able to dematerialize a billion dollars worth of gold and send it to anyone in the world, cheaply and almost instantly, at any time.

And it can't be stopped, seized, confiscated, or frozen.

Their argument that it would lose scarcity if it became widely adopted is nonsensical. The supply of Bitcoin is fixed. The supply cannot be increased beyond 21 million. If demand increases, the result is an increase in the fiat-denominated price of Bitcoin.

When she says Bitcoin ≠ crypto

Never heard that one before 😂

Normies make me sad. No wonder the government can print money at will and pawn it off on people as being valuable and “scarce”

Hell yeah bro. Please steal more of my purchasing power daddy I love it

How Bitcoin separates money and state, gives freedom and sovereignty back to the people

Conversation with Rob Wallace of nostr:npub1ya6ds0y0j7yutq6pg2ftzxfvgdzaklls64g75vh0522c7svj7mjs9cug3q is up now!

https://m.primal.net/Nlgd.mov

Dollars are infinite

Bitcoin changes people

We’ve never seen anything like this before

GN

nostr:npub1ya6ds0y0j7yutq6pg2ftzxfvgdzaklls64g75vh0522c7svj7mjs9cug3q

https://m.primal.net/NhJS.mov