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btcschellingpt
9b12847f3d28bf8850ebc03f8d495a1ae8f9a2c86dbda295c90556619a3ee831
Bitcoiner Rational optimist #AUStrich OpenSats Bitcoin Brisbane bitcoinbushbash@nostrplebs.com Honeybadger Noob Day Working on https://primal.net/EscapeHatch

That awareness is important .. i didn’t say never look back or don’t check your rear view mirror ..

.. that awareness can then empower new paths and choices - but there’s no do-over in life

Replying to Avatar pam

Lunch time thoughts - we moved from household payments for newspapers to individual mobile subscriptions. Previously, a household of 3, paid for 1 paper. But now they might have 3 subscriptions. Digitalisation of media made a lot more money for these media companies.

Yet, for the longest time (10 - 15 yrs back), paper companies refused to adapt to change. Home readers refused to give up their hard copy papers.

Those who quickly converted revenue from traditional sales to digital subscriptions survived. In fact relieved from heavy manufacturing cost ( machineries, operational cost)

The younger generation at that time were quicker to adapt hence the creation of social media and other startups.

Readers were also exposed to various digital media options hence local media players lost monopoly and had to amp the game as competition got bigger, real quick.

If you think back, tech creation and conversion is a long process, but this thing with tech, when it disrupts, it’s wild, rampant and there is no stopping it.

If you ignore it, you would lose out. The best you can do is to find ways to maximise it and live with it.

Nanotech has been around for a few decades but only recent yrs started disrupting the market. Not many industries are converting but those who infuse their tech with it are gonna be the forerunners for a long time.

The tech disruption right now is on AI. Love it or hate it, it’s happening. And AI tech is abundant, beyond Chat GPT.

At some point open source will disrupt the market. The buzz has been heavy but the turning point is going to be on the success of businesses here. Any use cases can disrupt this market via Nostr, Web5, AT protocol or others. Pharma on open source will be absolutely wild.

I’m not sure yet if tech disruption will happen to AR/VR, as users don’t have a need, and it’s a very costly adoption at the moment. Perhaps in 5-10 yrs, perhaps never idk but doubt anytime soon (unless there is another lockdown that desperately forces people to interact with each other virtually, who knows)

I think tech disruption is pretty fascinating. To understand it, to be part of it, to be fore runners of it, and to maximise is an amazing opportunity

Incredible time to be alive 🤝🧡

Interoperability between ⚡️ on #bitcoin and ⚡️on Liquid

I recall Adam noting that the cryptography for doing this trustlessly was do-able

Has lots of interesting implications

- privacy

- liquidity

- .. 🤷‍♂️

Looks like i got smoked from the bird app for being snarky about the temporary nature of the US debt ceiling suspension

Some people got no sense of humour

“Temporary suspension until” is such beautifully innocuous language

LMFAO 🤣 😂

Temporary govt measures 😂🤣😂🤣😂🤣😂🤣😂🤣 bwahahaha

For EVERY DAY since July 2014 when there was 4 years of #bitcoin price history data, the purchasing power appreciation for holding for 4 years was at least 100%

Buy as and when you are able; hold for at least 4 years and future-you will thank you for your patience

My takeaway #1 .. (historically) it does not matter when you buy if you are prepared to hold for 4 years then your "worst case" gain is a little over 100%

My takeaway #2 .. that 19% CAGR is the baseline against which to measure alternative investments and savings tools

My takeaway #3 .. we're so freakin' early .. we don't even have a decade of price history data yet so will be interesting to look this time next decade!

For those interested in verifying for themselves, head on over to coinmetrics where they have the daily price history data for bitcoin available for community download here

https://coinmetrics.io/community-network-data/

Be your own bank

#Bitcoin enables this

Opt in, come learn 🧡

The outrage train

It’s designed to get you onboard and keep you there .. prevents you from thinking clearly and especially, from taking action

Time is precious

Act instead of spectating

🤝🧡