People seem to think when bitcoin is adopted by the US it’ll succeed. But that has nothing to do with it.
It’ll be a bottom up approach. Everywhere else will move on from bretton woods because they have to.
The US will be the last to fall.
Bitcoiners watching the price drop.
#bitcoin
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Calls for bailouts already?
Grab the popcorn.
Plug in a miner and it’s an environmental hazard and its energy usage needs to attract an additional tax.
Plug in an EV and it’s emissions free and is subject to subsidies.
🤷♂️
Things looking an awful lot like ‘08 here. Here’s hoping we mint a new bunch of whole coiners soon.
It’s about to get spicy!
The sad part is it’s all one trade. Has been for a long time.
Wen divergence.
The price of bitcoin going down because banks are failing is hilarious.
Cheap sats will get cheaper.
GM ⚡️🌞
This week has been crazy for my SaaS.
Some lessons (if you're interested)...
Never pay for user testing. Ship product and acquire cheap traffic instead. Watch recordings. People who are paid to test nitpick and generally suck at providing useful feedback. Take those insights, roll improvements into product, then ship in more expensive regions... rinse repeat.
If you're not uncomfortable you're doing it wrong. Move fast. Think you're moving fast? Move faster.
Challenge your own ideas. You have assumptions about how people use things. You're way the fuck off. Users blow my mind daily with how they interact with things. You are wrong. You're always wrong. Start there.
Have fun doing it. It's a wild ride.
PV purple people ☀️
That shit aint going down either.
Biden wants to double cap gains to 40%.
Why? They need more tax revenue because they spent too much and can’t pay their debts.
And you’re on the hook for it.
They’re screwed next FY. Public got crushed in the markets so much less CGT to bring in.
Solution? Just double CGT rates. Real smart.
Just opt out and transfer your wealth to Bitcoin.
#bitcoin
GN Nostriches ⚡️🌚
Who here is stacking for their children? My kids will be handed their stack on their 18th. Up to me to raise them right so they continue to add!
Lol the tag in the note.. 😅
She did a great job here. She on Nostr? Need to fling her some sats.
Bitcoin uses too much energy...
No it doesn't.
#1 The network requires compute for security (amongst other things). How that compute is powered is not determined by Bitcoin in the same way an EV is charged, the power source is indeterminate. Bitcoin DGAF where the power comes from, however lower cost energy is incentivized (more profit per btc mined) so as to encourage more efficient energy sources.
#2 Define too much? By comparing to what? What does it offer in return for the energy usage? Replacing fiat and all the waste that goes with it as well as the gold industry (for monetary purposes) it seems a pretty fair trade to me.
#bitcoin
I favor a variation of dca. When ‘bitcoin is dead’ stack harder. When your friends and family are asking you about bitcoin. Don’t.
When not, save in fiat for when ‘bitcoin is dead’ articles start appearing 🤣