Hot take: I think the Blackrock/Larry Fink mishegas goes a lot deeper than what’s being bandied about. I personally think the 401k/pension holders and administrators are realizing that their entire portfolios are insolvent and will lose purchasing power for the rest of the fiat lifetime as inflation outstrips any returns on any financial assets, especially bonds. The govt printing money to bailout a behemoth like BR will debase the currency so much that it doesn’t even matter what BR is holding as a custodian. The only way for them to continue in their management of funds role is to provide something that will offer an insurance hedge against the total collapse or debasement of their portfolios. They have figured out that the answer is Bitcoin, but they can’t buy enough of it, and are scrambling to figure out what to do as they think about billions of people ready to go full French Revolution on their asses if the current trajectory continues. The big boys are not responding to customer inquiries. They are panicked af.
For other wild hot takes, please stay tuned to this feed.
The stock market crashes when too many of us plebs are employed. How could you not want out of that system immediately?
Finally got hit. Came on fast.
Bavette cut beat the storm for the W. #foodstr 
Trying to front run a storm on the grill is high stress. #foodstr
No doubt. Many will not take this same approach, sadly.
ETFs, leaving your claims to BTC with an exchange, or anything short of self-custody is a claim, on paper, to Bitcoin; not Bitcoin itself. Not all paper claims will be satisfied.
The amount of self-declared intellectuals that are going to get bamboozled by shitcoins and paper Bitcoin this next cycle is going to be something to behold.
Been pondering a Bitcoin only, no seed oil, local farmer/rancher only restaurant if I ever enter F U money status.
Didn’t even know they were on here. Seguido. nostr:note1pe88rzrggdcrxqmwnuag4xrms6fslpfjexu5c38zmemf92savesqlqe2pq
My conversations have been over an extended period of time as well. Very unfortunate.
I have always assumed SatsCards will float around like cash in the local economy with varying denominations noted on them and verifiable in seconds with an NFC reading device. I also think this solves the high fee FUD so many are screeching about these days.
I have the exact same conversation, just at a financial institution about the money.
Memorize them or multi-sig stored in different locations.
Bitcoiners recognize the root cause of many of society’s ills. The fact that we are first to embrace technologies fighting against those ills shouldn’t yield complaints about Nostr being too BTC heavy. We are all waiting for the rest of the world to catch up. They will get it in time as we did, but they need to go on their own journey, just as we did. nostr:note1s89nelrzp0p7plwzxylm2j9lxkq6006y6xt64ffqcd933r078gfsgcaewt
I do all my own grinding. Very true though.