We all have been there. And #Bitcoin FOMO never ends.

⚫️ TSLA $431

🔶 MSTR $412

Which one hits $500 first?

🧡👊🏻🍻

I don’t see any serious critique of his comments in the comments of this note.

I don’t think he’s wrong on many points.

- there will absolutely be people cashing out

- bitcoin price could absolutely tank if blackrock or any big party decided to sell off (very possible)

- 1 million bitcoins is a significant portion of the total that would have an impact on overall fiat value up or down depending on events that unfold

What I have issue with:

I doubt any tax dollars would actually be used to purchase this amount of bitcoin.

100b may sound like a lot but it’s still peanuts in the grand scheme of demonetization of other assets.

There would be no need for bailouts unless BlackRock and friends forked but the network decided to sell them off. In this case you might have a need for bailouts. nostr:note16f76suqdw4g6evv6ayvhn6dfddfrkvhagfvfneyz7wq8z86y9eusgwgwka

Two guys saw me snooping on the 2nd floor. They were staring at me. They either know I’m not meant to be there, or they’re into me. Asian persuasion, what can I say, I still got it 🔥 I could be their mum though. Was so tempted to nod at them and be like ‘Bert, Ernie, see you in professor Kermit’s class on Wednesday’ and walk off. I could be a spy, I totally blend

I found some magic symbols on a blackboard

So has the Fed quietly just given up on the 2% #inflation target? #asknostr

Numb???? It’s breaking news. Now 100,400

BITCOIN CRASHES THROUGH 100K

Don’t want to put my thumb on the scales of the market but I did buy $100 of bitcoin last night 😬

Coffee hit a 47 year high in cuck bucks yesterday.

Make no mistake, this is a direct attack on #CoffeeChain

Suggesting a SBR for the sister isle only works if those in leadership truly have a vision for their island beyond the typical 5 year term.

I'm not dead yet...so I guess?

Another viewpoint is currency exchange. Exchanging your current currency that looses value into one that maintains or grows in value.

#asknostr Can anyone recommend a good kids book about bitcoin? One that a 4th grader would like to read?

Indeed. This is why cigarettes often become money in prison. It's just a valuable, scarce good that is used to exchange for other goods.

#Bitcoin was born and meant to be digital money.

Money is whatever you use as a “proxy” to exchange goods. Thus, everything can be money. Different type of money have different characteristics, like scarcity, durability and salability.

As of today, Bitcoin is the best form of money ever invented.

When you see it as an “investment” you are probably (just hypothetically) looking at it as “I want more dollars/euros/whatever”. When Bitcoin is money, then yes, the bitcoin you stack becomes saving.

Why saving in Bitcoin and not in dollars?

Because dollars are programmed to lose their value over time, thus making it a bad saving mean. Bitcoin, on the other hand, is programmed to keep its value over time (actually increasing your purchasing power), making it the best saving technology ever invented.

Does it make sense? Does it answer to your question?

Work in progress

#musicproduction #newmusic #ableton #electro