If your car is younger than your bitcoin, your time preference is probably too high.

Great thing about NOSTR is you don’t need to post too much about Bitcoin or the decline of the world as everyone here is self aware of it

Can just be yourself, which of course includes some of the above 😉

Nice one mate, good to have you on here. When my X verification ends, I’ll be off it too

small accounts on nostr, we need to have each other's back. do not let big accounts put a rift between us. it's us small accounts making them big accounts.

how many people do you think self custody more than one bitcoin?

My gf just broke up with me 💔🥹

Nauseating levels of Saylor-imitating Bitcoin treasury companies at this point.

They may do well in the bull market… but there will be extreme wreckage during the subsequent bear market.

Regular folks should simply stack sats and chill while the chaos unfolds. 🍿

Come to Dublin this August lad for a meet up - lots of like minded retards there

I did it because i want to live in the future not the past

nostr:note1cgkkfzhr6r5tpj3wkp04c05ds3x6jrxv0xlhxz7mjf36dh8u52yq0z2skz

As society becomes more productive and technologically advanced, money is *supposed* to grow in value.

This is literally the mechanism by which the fruits of all our labor are shared. By all the things we need and want becoming more affordable.

If everything is getting more expensive while technology is advancing, someone is stealing from you.

Looking forward to reading it!

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.

I disagree — you hold a monopoly over your body

The state’s "services" are monopolies enforced by violence. From law enforcement to currency, competition would drive efficiency and accountability, yet the state suppresses alternatives to maintain control.

Accurate and I say this as an investor in nakamoto lol 😂

Confirming that this npub NOT compromised.

That's how they incentivize them to support and implement their system.