#bullishbounty

Defense wins ballgames, in sport and life

GM and happy Friday, friends!

I had an interesting conversation with my cousin yesterday; she was stoked about a particular electric car company’s stock.

I successfully made a case for Bitcoin (and why it’s an entirely different mindset than stock picking) but I also looked into the company she liked. Their stock was doing terribly, and it got me thinking.

If you see a particular industry as having huge upside potential, but want to avoid the risk and nonsense of choosing a winning company, it makes sense to invest in the industry’s dependencies. You might miss a bit of the individual firms’ upside (because profit margins) but you benefit from the industry’s landscape as a whole.

So it got me thinking, what is the Bitcoin network/industry/exonomy dependent on?

Microchips, and energy, for miners… communication infrastructure/internet service for nodes… but in a way, because Bitcoin is money, it’s interconnected with everything. No commerce, no need for Bitcoin (kind of). And it’s simple enough that when Bitcoin pumps, hodlers benefit.

But I’m still thinking about it. As Bitcoin adoption spreads, as more people hold and use it, what are some of the upstream companies/industries — those who aren’t already Bitcoin-adjacent — who will benefit?

(Disclaimer: asking purely out of curiosity. Personally, I’d rather just hold more ice cold corn).

#asknostr #grownostr #plebchain

GOOD MORNING NOSTR.

LIVE FREE. 🫡

GOOD MORNING NOSTR.

LIVE FREE. 🫡