this discussion about a new "bull market" is too repulsive. global economies are clearly forced into a slowdown after highest inflation in 40 years. you have exactly zero control over the situation, so stay humble, and above all stay fucking solvent
spend and replace
ordinals are smoothing out the transition to fee based rewards, outside of periods of retail manias. stress testing LN and incentivizing research into more scaling models with covenants
i learned to enjoy the more money these degenerates burn the better
tech giants will be remembered like Standard Oil. an inevitable step in the rapid scaling and standardization of a new industry, that is eventually commoditized and reduced to bare margins nostr:note19s5l0plhzxvqs0m7vlg40hyfvv47v638sgg4884x9mlez95ghnfqfxctqk
but twitter are adding phone calls 😮
what happened is the FTX/3AC/GBTC circle jerk of cumlordz suppressed bitcoin price discovery for all of 2020-2023, meanwhile plebs continued to empty exchanges to the lowest levels in forever
then a few ETFs came with new organic bids and exposed how little BTC there was left
what happened is the FTX/3AC/GBTC circle jerk of cumlordz suppressed bitcoin price discovery for all of 2020-2023, meanwhile plebs continued to empty exchanges to the lowest levels in forever
then a few ETFs came with new organic bids and exposed how little BTC there was left
if you think wall street can successfully wrap bitcoin with paper indefinitely you should have never bought any. that’s not a new threat model. if you’re still here, might as well accept it, embrace it as a healthy signal, and trust the process
you also don't have to sell to get married
I'm so relieved to know that bitcoin promotes freedom through economic incentives and not through someone's very specific ideology of what freedom is
the master enemy was always wallstreet
it's completely reasonable
this is what they mean when they say bitcoin price is reflexive
if they transact p2p anyway, paying each other with wechat, why don't they hold the assets on a self custodied wallet where the gov cannot know what is being transacted?
why don't they use wallets?