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Itsdess
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Tweets daily about #bitcoin lightning ⚡#NOSTR ⚡ Living with Bitcoin for Adoption, Decentralized believer Bitcoin only news letter,,fix the money fix the world 🌍

Psychology is so weird.

Be different! #bitcoin

You can’t win against #Bitcoin bare me witness

#Bitcoin is proof of a universally true principle: it is proof that the work works.

You cannot “fix” proof of work, but proof of work can fix you.

#Bitcoin

All that can be shaken will be shaken, and only the unshakable will remain. 21M #Bitcoin is the only unshakable money supply.

The prospects of our world today would be quite bleak without #Bitcoin …

Thank you Satoshi Nakamoto for giving us all hope for a better tomorrow 🙏🏼

Every man always talks his own book.

Said another way: every man advocates for the ideas that advance his self-interest.

Since nothing in it can be hidden, #Bitcoin is an open book (or an honest money) so advocating for it simultaneously advances self and collective interests.

Power to control money is the power to control all.

#Bitcoin is money that only its rightful owner can control.

“Power to the people” reaches its fullest expression in Bitcoin.

Free your mind, free your funds, then free your loved ones with the orange pill: #Bitcoin.

No #Bitcoin beyond 21M will ever be minted…

But new Bitcoiners are minted every day.

This is why the Bitcoin price will go up, forever.

History will be unkind to those choosing to remain ignorant by ignoring #Bitcoin let's keep on educating the people

#Bitcoin is the only money issued without an issuer.

Unless you understand the game being played, then you are the game being played. Study #Bitcoin, free your mind, and stand up.

What are the most philosophically rich pieces of #Bitcoin content you’ve ever consumed?......Let's share it might help

How it sounds vs how it tastes #bitcoin

For those of you who are pre-rich: What are you looking forward to most about being wealthy?

You will literally never have more energy than you do in your early 20s.

You need to be creating and selling and stacking cold hard Sats.

By 30 you'll be a multi-millionaire with options. #bitcoin

You just articulated one of the best parts about Bitcoin.

It will make everything more affordable. Here's how:

Without Bitcoin, you're forced to invest in a bunch of random stuff to grow your purchasing power.

Hotels, homes, speculative startups, etc.

Sure you know a bunch of it will fail, but you have so much cash that you just spray and pray that something hits and makes up for the losses.

That's capital misallocation. And it's happening at scale.

It inflates the price of everything for everyone.

Including homes that people need.

So what happens when people start stacking Bitcoin instead of dumping money into real estate investments?

The price of homes that people actually need to live in will fall.

Prices are truth.

They are the market's way of telling you the relative value of things.

So if your buddy can't get anyone to dump $16 million into a hotel, that means he's holding the bag.

He (or the bank that owns the hotel) needs to revalue the hotel much lower to whatever the clearing price is.

That's what happens when you play around with 20th century stores of value at the dawn of Bitcoin.

Asset holders need to adapt or die.

The price of real estate will continue to fall relative to Bitcoin because it's a terrible store of value compared to BTC.

Insurance costs, property tax, maintenance costs, tenant headaches, natural disaster risk, pandemic risks, etc...

Capitalism won't stop though.

At a certain point, Bitcoin returns slow down when it's properly priced closer to ~$10 million a coin in today's terms.

And then it may make sense to buy equity in businesses that can offer cash-flow or rapid growth opportunities.

But it's important to remember: People won't stop consuming just because they have Bitcoin.

When someone has surplus wealth, they eventually value time/experiences/material comfort more than incremental wealth.

Or they may want to fund entrepreneurs for excitement / challenge / impact.

And so Bitcoin will incentivize people to save and carefully allocate capital, but once they have "enough" - they will still trade some of their Bitcoin for goods and services.

One last thing:

You said deflation is a bad thing.

Deflation is coming no matter what.

When AI and robots are doing 90% of our work, that's massively deflationary because they can do things way faster and cheaper than humans.

Which should make the price of everything fall.

But you're right that deflation is bad for a debt-based economy because you can't pay back debt if the currency the debt is denominated in gets more valuable.

That's why central banks debase currencies to make sure the debt based economy doesn't implode.

So right now, instead of letting technology gains make things cheaper for everyone, central banks actually make sure we all face 2% growth in prices every year.

And they'll debase the currency as much as they need to to make sure prices grow instead of fall.

Which is why things get worse every year if you're stuck in the fiat system.

Luckily anyone can opt out of the inflationary system right now by adopting finite Bitcoin.

Bitcoiners are already living in a deflationary world.

We're getting the full benefit of humanity's increasing productivity.

Everything around us is getting vastly cheaper every four years.

Anyone can opt into this deflationary system at anytime and get the full benefit of the AI / robotic revolution that is just beginning.

You need to learn how to escape the matrix.

Study #Bitcoin $BTC

Ignore the noise. Owning 1 BTC isn’t the goal, stacking sats is.

Start where you are. Build relentlessly.

Every fraction you own today outshines their mockery tomorrow.

Stay focused.