Making the big move to leave NOSTR!!
Time to leave all the fiat junkies pretending to like BTC on here!
Don't forget to get depressed when the price is down, and be sure to console and zap each other, hoping for better days when you can dump it for profit and buy your normie toys with the fiat!
Seeing a top trending post is about a person lamenting on how bitcoin has not made him extraordinarily fiat rich yet, and that he can't sell it and feels destined to forever be a hodler as if that is a fate worse than death is disappointing.
You can tell he is purely invested in BTC to just get rich quick, and by all the comments comforting and relating to him is so fucking awful to read.
I felt like this place would be different and would explore the amazing tech protocol and the incredible impact it will have for ourselves and humanity but instead I just read fiat-brained ramblings.
I love writing about bitcoin and thinking deeply but this place is just like X and full of greedy price-focused retards.
Been thinking about the idea that humans can maintain a stable relationship of around 150 people on average, or the Dunbar number, also makes me think about social medias effect on our social limits. I wonder if we were meant to absorb so much information from others. In Bruce Almighty, Bruce hears all the prayers and pleas of all humanity all at once like God does and it is overwhelming.
I think social media is like that to a degree and causes detrimental effects: trading dopamine and receiving a plethora of information we were never evolved to personally handle. You can doomscroll and absorb more opinions, conflicts, drama, and information that your entire bloodline would ever be exposed to.
I quit X and instagram even a few weeks ago and just use NOSTR now. I look at primal and sometimes browse damus on my phone. I feel like it is enough and my brain feels different lately for the better.
It might seem weird but I think it is best to be alone in my own little world, with just enough connections to see what is going on briefly. I plan on going even deeper someday, barely checking in, but this is a good start.
Rule changes suck. It is especially bad when it is an investment you own. If you own something where the terms can change either by internal or external force at any time now or in the future, you run a big risk.
All my life and I am sure others have been affected by rule changes.
Maybe it was the game that nerfed your favorite character or that membership that changed its policy. A new TOS rolled out encroaching on your personal privacy.
The reason why I moved everything to BTC is that I know it will never change on me. The rules, like the number of BTC that will be created are known and will never change. I feel a peace of mind knowing I own something with this special resistance to change.
Hearing about a unrealized cap gain tax for the ultra-wealthy makes me think that someday they may will create a confiscatory rule for the masses, giving BTC ever more importance.
Wish more people would understand that they don't have an edge (including me), and are best off DCA'ing BTC for the foreseeable future. Would not only save in money but would also help their mental health too.
Oh you need to have primal on ios to make a lightning wallet thingy but you would never know if you use the web app.
I like a bitcoin only focused social media I don't think there is anything like it anywhere.
Whenever I see people sad or frustrated with BTC or crypto I wonder if they were even around a year ago. One year ago we had the same thing happen: chop from around Mar-April and a pump in Oct.
Still one month out from another pump and you have time to grab cheap BTC until then.
Have a strong feeling this was my last DCA under 60k.
Every time I hear of a company buying BTC I always think that it might one day turn into a forced seller during bad times. Maybe it will save their company but only if they unwind it possibly at terrible price too.
I feel like this especially happens with BTC miners. They mine and hoard BTC, but when the price is below cost of operations which happens at least one or twice per cycle, they turn into forced market sellers dumping sometimes at worst moments.
Think I will post here because you can't type out anything of length on shitter:
Most people have no clue of market structure. They have never seen TA or any kind of financial models. Their only time seeing historical price structure is on a user friendly app or yahoo finance line chart. They have no idea of fundamentals and ranges. They can conjure grandiose ideas that an asset could hit crazy high or could "go to zero." You see it all the time even with people like Saylor. They have no experience seeing bitcoin charts. At anytime it could jump or dump. it is a window into their shallow understanding.
Its an old byproduct of interpreting the world with incomplete information. In the past there was no readily available information for most decisions people had to make. What they had to do was use their gut feelings, or some crude logic to just make the best choice possible. This low-information mindset is still strong with pre internet people. This has a huge effect on their ability to judge assets. They either rely on authority figures or established
narratives to guide them.
This is why there are so many assets. Almost all of them are dogshit and shouldn't exist because of their awful yields, but they do because we still exist in a majority population thinking that anything could happen and anything could reprice way greater.
Posting here feel like dead internet theory in a way. On twitter I can get attention even when almost nobody follows me if I post good stuff. On here I feel like you till never gain attention unless you type in dumb normie cattle NPC prompts. 1 BTC=1 BTC! Get your BTC off exchanges ppl! GM time to stack some stats! Everything is starting to sound like those XRP and ADA cults.
The country mass-auctioning off land to CCP shell companies, aiding and abetting millions of illegals, is going to adopt a BTC national reserve for OUR national interests! #Softwar! #BTC
The US govt BTC selloff is the final boss of FUD. After this there is no more narrative obstacles in the way other than the occasional macro economy FUD.
I don't think the US govt will ever make a BTC reserve or care much about it unless they are incentivized to so. It strongly implies the govt is thinking about its people and the best interests of them and not just about getting paid.
The US govt is a business, and not actively making the best decisions for its people. It makes options that make it the most money in the short term which is way they are dumping their BTC even during an election.
Its full of people who know they are just going to die, and that no matter what they do life will go on regardless, so they orientate policy to benefit them: eventual death is a stronger force than making a legacy that may or may not even be respected.
If it was, than it wouldn't be selling mass amounts of land to the Chinese, or building an app to help illegal immigrants exploit the system.
At some point the country was sold off just like a popular content creator whose channel changed, or the time the praetorian guard auctioned off the role of emperor of Rome.
BTC doesn't have a strong force to lobby (pay) govt officials to steer things in their favor yet. Once the geriatrics hear you will give them money for their beachfront home, or a new boat will they consider anything.
Even if someday they do enact some sort of BTC reserve, they won't even read the bill they passed they will just be told by their aides that the guy who paid for your jet is behind this so vote "yea" this afternoon.
They. Don't. Care.
For the first time in human history you can take full ownership of a financial protocol. You can take part in every aspect, from mining to running a node, to hosting your own private wallet.
In the past you had no choice but to delegate responsibility, and to pay someone else:
some of the earliest forms of writing we have found dealt with money and trade. Goods and debts were written down, and dealt with by a centralized entity at the time.
They used their capital to make an infrastructure overall conducive to them and them only. They took advantage of humans inability to communicate at distance and profited massively, sometimes charging exuberant fees to send money (Western Union at one point charged $25 just to send cash in 2005.)
The remittances market is nearly a trillion dollars and still growing.
Its money ultimately siphoned off by hardworking people just to do something that tech innovations have solved.
We now have a way to completely detach from that system with BTC. Send the global remittances market pilfering some of the hardest working time and energy to 0.
More elaboration on paypal and BTC: paypal is a financial protocol in which the user can use its platform to transact but is not involved in with its ownership. To use paypal is merely to give your fiat to an intermediary that benefits from its established tech structure.
The common individual never had its own sovereign communication system for vast distances until recently.
Empires and private banking cartels like the Medici family used their infrastructure to reap great fortunes from this communication system. Those who used its services never got to be involved in its ownership, only to be a customer.
Now that long-distance communication has been solved through digitization, I am so thankful that a system came into fruition to bring this gate-kept system to the masses. BTC is a real system for the people without intermediaries. A system that someone can own and participate in.
You can now be owner of an inca road, a western union, a paypal for the sovereign individual for the first time in human history.
BTC doesn't have supply chain issues. BTC doesn't care if it is banned or regulated. (BTC miners in China moved to the US and were back up and running in just a few weeks). BTC is like paypal, if paypal also used its stock shares as its currency, but instead of being controlled by few it can be participated in by all. Anyone can buy participation into the BTC protocol.