It depends if they have a man that enables it.
Most boys sign away the next 30yrs for a mortgage based on 2 salaries trapping the family dynamic once the children arrive.
Greatest investment of my life is my wife raising my children instead of someone on minimum wage.
Trying out Primal for the first time, thanks to the annoying insistence of nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx ... Looking forward to posting on #NOSTR more regularly (and weening off of X) via a solid desktop app! 🍻
Nostr is the signal.
Twitter is the noise.
The Dollar is NOT Money & You WILL Adopt Bitcoin
“You don’t have a choice… You’re going to have to figure out #Bitcoin … It’s not going away.”
nostr:npub1wnrvn852sq8wp4x6vq5gqfe0w9kvy7j4dfqdrxj5mdv4ewkp5yjq4mfvtt with nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u
Fountain: https://www.fountain.fm/episode/dRU0cscVNAD0XBCPrH7Y
YouTube: https://youtu.be/SqknBDbTlDE
Spotify: https://open.spotify.com/episode/5OIHQNB61c0sQBVynp9hEY
Everywhere else: https://bitcoinpodcast.net/podcast
This was one of the best podcasts I’ve listened to this year. Refreshing different.
Best take aways:
Monetary inflation can’t go fucking sideways, it’s gotta go up… by design!
Something about Fiat bros liking hot chocolate or something?
Everything goes down in a deflationary bust, but your bitcoin purchasing power will go up.
Nice work.
Just think of all the bus shelters they can build!
I think it was the old lady from Titanic that said is best:
“It’s been 84 years and #bitcoin was still ranging between 50-60k”
Jim Carey’s playing both the president and Fed chair?
The Hardest Trade is coming this cycle.... be prepared
My favourite #Bitcoin price action is when bitcoin jumps 10% for absolutely no reason.
Analysts and Media scramble to find reason for price action.
When the answer is we ran out of wimps who are selling
I can't imagine how his masked profile picture and custom Taylor Swift playlist didn't lead her astray?
This is the signal I am here for
Free speech is how the world realises you're a prat or not.
If we don't have free speech then how can we determine who we should ignore and stop listening to.
That said, you should be careful the words you choose to speak, as Churchill so wisely put it:
#Freespeech
My gut tells me they are looking for a reaction to give justification of Orwellian survelliance tools.
It feels like we are stuck either way.
Im off Twitter now, as the feed is just garbage, 100% here.
It's how we ignore what the political class is saying.
The power of ignoring ridiculous policies is how Europe really governs.
I like how this St Louis Fed post blames people for banks’ failings.
Flip it around. Banks irresponsibly created way more claims for gold than they had gold, kept defaulting, and lost trust. So the government made gold illegal to own for like 40 years.
There was no “shortage” of gold in the Great Depression. There was an excessive amount of fraudulent promises for gold, made by commercial banks and central banks.
https://www.stlouisfed.org/open-vault/2017/november/why-us-no-longer-follows-gold-standard
So.... when Banks need Bitcoin but it's being hoarded.
And they are starting from a zero position holding.
Does this mean that the train which needs stopping is unable to cease its trajectory?
But how long is “Forever” really?
The life expectancy of Bitcoin is potentially…. forever.
Well, at least forever from the perspective of lasting as long as civilised society on planet earth. If we avoid the obvious outcome of killing each other through our continuously polarised societal fractions, in some sort of crescendo akin to a Shakespearian tragedy then, forever, is relative to human consciousness. Bitcoin may die shortly after, when the last node running confirms the last block broadcast by the solo miner crunching the numbers. But that aside, it could be around as long as the human race is present on this spinning blue ball we call home.
And if this is the case, then in a 1000 years time, the current distribution of bitcoin private keys today is like pouring sand and grit through a series of sieves that have ever shrinking holes, and we are only on the 5th epoch.
I do not believe that either the existing lost keys, the lost keys yet to come, nor the targeted destruction of key locations and holders is even close to being priced in.
Bitcoin fades away
The 19m coins mined so far, an estimated 2–4m have been considered lost forever or abandoned forever. This time I really mean forever. No deep sea searches or advancement in cryptographic brute force shall ever find these lost coins, they are gone, they are really lost, they no longer exist. They will echo through time however, there will be a constant record of their final resting place broadcast every 10minutes. But for all intent and purpose, they have…. evaporated.
In the early days these errors in key management yielded large volume of lost coins. The coin volume for individual errors gradually reduces as we move through the epoches of time, but they are as constant and frequent as the early days and will continue for bitcoin’s life. Individuals may even channel their inner Egyptian Pharaoh and take their coins with them to the grave whether intentionally or not. But the sieves of time will take more and more bitcoins along with it.
21m coins is a meme, the reality is far far fewer and this will forever be decreasing.
Bitcoin hates centralisation
The honey pots being created as we begin the journey towards institutional adoption is something people have not considered. What if we wake up tomorrow and coinbase has lost all access to its private keys? Inconceivable you cry! Well…. Forever is a long time remember. One day they will screw up or one day they’ll be a target to geopolitical forces that want those keys gone. We could see vast stashes of coins evaporate and the coins remaining will vastly increase in value as a consequence.
This is why honey pots are easy targets and bitcoin is happy for those consolidated UTX0s to be victims, because ultimately it hates centralisation. What will be left will be the widely distributed holders or smaller corporations that have maintained better key management or are too insignificant to be targeted.
Compared to gold… more gold is constantly being mined, more ways to source gold are being created (water and asteroids mining), gold supply is always going up and to the right. Bitcoin supply will soon, if not already begin going down and to the right.
And the conclusion is, that Bitcoin evaporation is neither understood or even close to being priced in.
Happy Hodling
https://medium.com/@TheyHODL/bitcoin-evaporation-is-not-priced-in-e7dbb6366c1b
#Bitcoin #BTC Evaporation is not priced in!
nostr:note1kkgry7rl8mkd45cmcz3mqelrc45hhscww596c56w05pqyc3r99psyx5dd3
But how long is “Forever” really?
The life expectancy of Bitcoin is potentially…. forever.
Well, at least forever from the perspective of lasting as long as civilised society on planet earth. If we avoid the obvious outcome of killing each other through our continuously polarised societal fractions, in some sort of crescendo akin to a Shakespearian tragedy then, forever, is relative to human consciousness. Bitcoin may die shortly after, when the last node running confirms the last block broadcast by the solo miner crunching the numbers. But that aside, it could be around as long as the human race is present on this spinning blue ball we call home.
And if this is the case, then in a 1000 years time, the current distribution of bitcoin private keys today is like pouring sand and grit through a series of sieves that have ever shrinking holes, and we are only on the 5th epoch.
I do not believe that either the existing lost keys, the lost keys yet to come, nor the targeted destruction of key locations and holders is even close to being priced in.
Bitcoin fades away
The 19m coins mined so far, an estimated 2–4m have been considered lost forever or abandoned forever. This time I really mean forever. No deep sea searches or advancement in cryptographic brute force shall ever find these lost coins, they are gone, they are really lost, they no longer exist. They will echo through time however, there will be a constant record of their final resting place broadcast every 10minutes. But for all intent and purpose, they have…. evaporated.
In the early days these errors in key management yielded large volume of lost coins. The coin volume for individual errors gradually reduces as we move through the epoches of time, but they are as constant and frequent as the early days and will continue for bitcoin’s life. Individuals may even channel their inner Egyptian Pharaoh and take their coins with them to the grave whether intentionally or not. But the sieves of time will take more and more bitcoins along with it.
21m coins is a meme, the reality is far far fewer and this will forever be decreasing.
Bitcoin hates centralisation
The honey pots being created as we begin the journey towards institutional adoption is something people have not considered. What if we wake up tomorrow and coinbase has lost all access to its private keys? Inconceivable you cry! Well…. Forever is a long time remember. One day they will screw up or one day they’ll be a target to geopolitical forces that want those keys gone. We could see vast stashes of coins evaporate and the coins remaining will vastly increase in value as a consequence.
This is why honey pots are easy targets and bitcoin is happy for those consolidated UTX0s to be victims, because ultimately it hates centralisation. What will be left will be the widely distributed holders or smaller corporations that have maintained better key management or are too insignificant to be targeted.
Compared to gold… more gold is constantly being mined, more ways to source gold are being created (water and asteroids mining), gold supply is always going up and to the right. Bitcoin supply will soon, if not already begin going down and to the right.
And the conclusion is, that Bitcoin evaporation is neither understood or even close to being priced in.
Happy Hodling
https://medium.com/@TheyHODL/bitcoin-evaporation-is-not-priced-in-e7dbb6366c1b
If you think Bitcoin is scarce, we have barely even started. Once this first cohort of Bitcoiners are gone, things really get interesting.
https://medium.com/@TheyHODL/bitcoin-evaporation-is-not-priced-in-e7dbb6366c1b
Agree, looks very similar.
If 2016/17 plays out from here… we’re heading to $1.5m
If #bitcoin has the same run as 2017, could it reach $1.5m?
Freehand fractal 😂
But if you’re not ready for this type of move, you need to be.