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TheGrinder
6e75f7972397ca3295e0f4ca0fbc6eb9cc79be85bafdd56bd378220ca8eee74e
Sovereign, creator of bitcoins, future owner of Mars. 0863F34D0311FC550226F06A376B54D5650980FB

In Germany we have the Christkind bringing gifts and we unpack on the 24th (Santa happens on Dec 6).

When my niece asked me yesterday at what time the Christkind would come... I "called" using GPT and let my niece talk to the Christkind.

Should have seen her face when it responded with her name assuring her she'd be on time 😁

I think it's the other way around. You take the crap they tell you as granted and truth rather than doing some research.

Replying to Avatar RHodlr

I saw that one. So funny!

Same to you and you're right! Should have been a Macchiato

Having some AI fun with my niece.

Her cats...

The AI output

Replying to Avatar @Lassmiranda21

Endlich mal weihnachtliche Themen.

https://youtu.be/WebLK_eFyL0

Das neue Bundeswehr Sturmgewehr G95 - Sogar schlechter als das alte G36?

#PewPew

AK47 ist billiger und besser

GM #coffeechain

Christmas terrorist attack but one guy went absolute mental snd saved the day.

I posted the proof when thr TRUMP liquidity got rugged. You're welcome to do your own research in case you missed it.

PayPal just called for a $500 refund.

When I asked them if they know Kitbogo the call instantly ended 😂

Today would be a great day for such a pardon to distrac the people from reading the Epstein files

Replying to Avatar Saifedean Ammous

No, you did not miss the bitcoin train.

We are just getting started.

Just because bitcoin went up a lot does not mean it cannot go up a lot more. On the contrary, the more it goes up, the more it demonstrates product-market fit, the more likely it is to go up.

Bitcoin is different from stocks, bonds, and commodities because it has a much, much larger addressable market. Let's compare:

Apple's total addressable market is 8 billion people who can own an iphone and laptop. A lot of them already do, and a lot of them are too poor, so there's just not much more room for growth. Maybe Apple can increase by 5x, or 10x, but it would need to introduce new products that are wildly popular to do so, which is very difficult. Ultimately, an Apple stock is a claim on cashflow, and it is priced based on expectations of Apple cashflow, and it is not easy to continue to increase cashflow once you're a trillion dollar company.

But bitcoin is money, and its total addressable market is all of the planet's cash balances, which currently include something in the range of $100 Trillion in physical government cash and checking and saving bank accounts, plus ~$120 Trillion in government bonds, ~$22 Trillion in gold, and arguably, a chunk of the world's real estate and stock markets, which people are holding to beat inflation, and not to take risk in search of return. All in all, bitcoin's Total Addressable Market is in the range of $200-300 Trillion, which is about 100 times larger than what it is now. All of these assets are trash compared to bitcoin, and there is no reason for anyone intelligent to hold a significant position in them. Everything held in these assets has lost ~90% of its value against bitcoin in the last 5 years, and will likely keep losing another 90% every few years. The only things maintaining significant demand for these assets at this point are their holders' old age, intelligence deficiency, and susceptibility to government propaganda. They can continue to hold these assets as they decline, making them poorer, or they can shift to bitcoin and start getting richer. Either way, and regardless of what they do, the world's wealth is going to end up in the hard money, and not in the obsolete moneys of the twentieth century.

Bitcoin has no cashflow to price it. Most nocoiners think this makes it a ponzi, but that is only because they have never experienced real money, and only have as a frame of reference the hot potato trash fiat money which everyone smart tries to exchange for hard assets as soon as they can. They are incapable of understanding people demanding to hold money for its own sake, for its ability to hold value, and not for cashflow. This is how gold became the money of the world without generating any cash flow, and this is why bitcoin, which is infinitely better money than gold, is going to continue to monetize and grow.

Nonetheless, bitcoin's demand is highly variable, and with leverage, it will likely continue to be significantly volatile for the foreseeable future, so always keep in mind that it could decline significantly, and manage your position accordingly.

A 1x cycle is a fluffing joke.

GM und frohes Fest 🥂

GM purplechain! merry Christmas Eve🎄 and happy nostr anniversary to me!