We are going through the monetisation of bitcoin. So we are incentivised right now just to save in it and ride the wave. Spending now has a Huuuuuge opportunity cost.
I outlined it above, it only makes sense. Humans have a tendency to get rid of the weakest moneys. If you were in Africa a couple centuries ago and had the option to trade with glass beads, which would lose all its value in the near future, or gold. Which would you choose?
Same thing applies today. Why trade in Bitcoin if you hold fiat. Only once everyone saves in bitcoin and it sucks up the monetary premium laying around in real estate, gold etc and the price stabilises, then it should be used as MoE. It’s only justifiable to spend bitcoin if you earn in bitcoin and hold no fiat.
I don’t get your point? How can money ever be used as MoE when people don’t use it as a UoA? They use dollars as the unit of account and then convert that into sats to get the price. Unit of account can only be had after we have dethroned the dollar. This can only be accomplished after sucking all of the monetary value out of the system.
The blurb is crazy and I love it. I’m fast tracking this book to the front of my list. Give me a few weeks to finish LOTR 😁
Bitcoin is built on distrust therefore it’s bad, use my shekel instead.
🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸🇵🇸
From the jourdain to the sea PALESTINE WILL BE FREE.
It's official!
Palestine is now a member of the United Nations.
It is an indisputable recognition of his right to self-determination.
And a historic snub to Zionist barbarians.
🇨🇵
Du Jourdain à la mer, la Palestine sera libre.
C'est officiel!
La Palestine est maintenant membre de l'ONU.
C'est une reconnaissance incontestable de son droit à l'autodétermination.
Et un camouflet historique aux barbares sionistes.
#Freeepalestine #Freedom #Share4Share #Zap
https://video.nostr.build/7303802ceae77f2efb35a386a8d83bbc5a1094d4276c4ef10d765bfee15e9945.mp4
Hopefully this doesn’t have unintended consequences.
Recently downloaded nostr. Trying to become ‘The London P2P guy.’ 😁👍
Sounds like you got some stuff to work out. 😅👍
I’m rooting for you guys but personally I’m not a risk taker. In the long run Monero can never outperform bitcoin. So the best bet is just buy bitcoin and swap into Monero when needed.
Whether you agree with Saylor or not. He’s obviously understands the different stages money goes through and knows MoE comes after SoV. If I was a tech billionaire with ties to Wall Street I would play the exact same cards Saylor is currently playing. We must remember we haven’t won yet.
I respect Monero, but I’m not here for altruism. How can you expect people to HODL a coin that keeps losing purchasing power year after year? It doesn’t even keep up with inflation.
Non-KYC 🌽 is an absolute must. Imo most Countries will start implementing an exit tax to disincentive people from leaving.
If you want non-KYC sats send me a message. 😁
I love Liquid ❤️ After every DCA I withdraw into lightning then swap into liquid. Once I have a sizeable utxo I send it to cold storage.
I have saved loads on fees, I only make 1 on chain transaction every couple months.
Are you ready for the 50% exit tax that the UK will inevitably place on citizens trying to flee?
If not then start stacking non-KYC 🌽 check out my nostr:npub1yul83qxn35u607er3m7039t6rddj06qezfagfqlfw4qk5z5slrfqu8ncdu account or send me a message if you’re interested.
Framed stainless steel #Bitcoin CoinJoin.
You can see one of these originals in the flesh at the nostr:npub1uv2tr83c5y7k82af6zdzlqs8m0klcmndd8u5vmlg2eyrskld6uzsv4rmr8 Conference. 🇳🇱
More: https://kanuto.io/art
CoinJoin is great for forward privacy. But if you want backward and forward privacy make sure you stack non-KYC 🌽. Send me a message if you’re in London and want to trade.
My take on your initial post would be.
Trust your feels in regards to average looking people. ignore your feels in regards to attractive/ugly people. 😁
I agree to a certain extent. How we perceive body language will depend on how said person looks. If Brad Pitts look alike was acting shy, people would perceive him as him being endearing. If Steve Buscemi look alike was acting shy, people would think he’s a creep that’s up to no good.