nostr:npub15ej2f9eu6glf7we45cjznam8r2azc2hx3spnzwgnkhpdwunfmyrq03p58qhAt could irrationality look like in tour opinion. I totally agree with your thought process. It took a while but Saylor as a pioneer created a standard for others to follow and this will happen this cycle. Exciting times!
Irrationality looks like a lot of volatility and broken models to me
The ripple effects from MicroStrategy’s dive into #Bitcoin could be turning into monumental waves. Each wave is a different company, could Dell be the first one to hit shore? Could it be dwarfed by successor waves?
There’s no titan like Saylor, but Saylor isn’t the biggest titan. He was the first, and you know what comes after the first? ALL of the others. This was never going to be another retail cycle, it’s the first institutional cycle, I’m expecting a lot of irrationality in the markets as the titans get their bearings. Right as the silt settled the institutions came to romp, stomp, and murk up the waters again.
If I were picking stocks the most important thing about any company would be DO THEY HOLD #BTC? While this is a rare qualification to have nowadays, I believe moving forward it will become a more important part of mainstream investing.
You can see it with stock prices jumping on authentic or false claims of companies adopting some sort of #Bitcoin standard, I believe the amount of people responsible for such jumps will increase astronomically. Maybe to a point where not operating on a #BTC standard is another nail in the coffin for companies who aren’t providing adequate shareholder value.
#Bitcoin isn’t just an intelligence test for individuals, it’s also an intelligence test for governments. Any government that sells: dumb, and any that holds: smart. Even if they think turbulent times are ahead: selling #BTC is a pea brain activity. Who cares when other people do it, I appreciate the cheap sats, it’s just painful to watch.
When the music stops, some people or governments might try to make sure they aren’t sitting on any #Bitcoin. I’m quite the opposite, when turbulent times are ahead I want to be sitting on and accumulating as much #BTC as possible.
The start of 2025 is approaching, debt ceiling pressure can be suspended/ignored, but the consequences remain. The U.S.’s loss of economic prowess is not to be swept under the rug. Fiat is a system built on trust and obedience; what happens when we lose these things?
#Bitcoin is the fortress I refuse to abandon, because I would much rather fortify my position further. I know the turbulent times will pass, and I know my fortress will stand strong.
No more bandaids on deep wounds. We have let our problems fester into crises for long enough. It’s time to let this house of cards fall and build something new, something hardy. People underestimate #BTC’s use as a precious resource. It’s solid ground in a world of quicksand.
Money weaves through our interactions and binds us through trust and mutual expectations.
When money breaks it can ripple through our relationships manifesting as tension and mistrust.
It’s not just numbers in an account.
It’s promises we make and keep; the support we’ve given; and the respect we show.
Don’t be mistaken, corrupted money can corrupt the strongest of bonds.
Every interaction is an exchange of some sort and the means for that exchange is what I understand to be money.
Everything CAN BE money, but not everything is GOOD MONEY, and there happens to be no second best money.
#Bitcoin
We are sitting up near ATHs for #Bitcoin and the bull run has seemingly yet to start. There hasn’t been as much fresh capital from newcomers as one would have anticipated or presumed due to the ETF flows.
What we have seen so far has been by Bitcoiners for Bitcoiners (of varying degrees).
Even with the whale selloff of $1B worth of #BTC in the past two weeks I’m still bullish. So what the market has cold feet and wants to wait and see? That could indicate that we are in for a significant move once clearer signals emerge. Cheaper sats or melting faces?
Selling #Bitcoin for dollars is an act of short time preference. Doesn’t matter who you are or why you think your reason is: you think the grass is greener where you aren’t…and you’d be correct but for different reasons than you suspect. You are chasing immediate returns and overlooking the potential for your own grass. Nurture your own lawn! Doesn’t matter if you move to where the grass is greener if you can’t see the big picture!
Is this the new norm or is it the calm before the storm?
PSA: we don’t operate on fractional reserve banking anymore, in 2020 during c19 we changed to OPTIONAL reserve banking
🤡🌎
This is why we #Bitcoin.
Did you just rock my world by unlocking a new rabbit hole? (Yes you did)
Step 1. Get hardware wallet or reputable custodial service depending on your preferences.
Step 2. Buy #Bitcoin
Step 3. Ensure you have a solid accounting system or consult with an accountant regarding taxes and financial reporting
Step 4. Stay informed in regards to #BTC regulatory environment and comply unless you are willing to make a stand and possibly face the consequences.
Hope this helps, I don’t have a business to do this, but I do work for myself at all of my jobs and run on as much of a bitcoin standard as possible.
If I end up with a small business I would take the balance sheet and convert as much as I could to btc. What was left would just be for running what parts of the business are on/need fiat rails for convenience purposes, accounting would be a lot easier if you only bought as much btc as you didn’t plan on spending soon and leaving what needed to be spent in cash…sometimes easier said than done.
More companies are coming out with similar strategies to $MSTR when it comes to turning balance sheets into #Bitcoin treasuries, but none at the sheer scale that MicroStrategy has accomplished.
How long will this remain the case?
If there were ways to self custody exposure to $MSTR I probably wouldn’t be 100% #BTC.
No one issues bearer shares anymore, but I think it’d be cool if they were brought back.
I refuse to believe bearer shares were “discontinued” due to money laundering and tax evasion. I think it’s more likely the difficulty to trace and debase was the cause to cease.
Financial sovereignty is the antithesis of digital surveillance. #Bitcoin makes things possible that haven’t always been impossible, things that were made impossible by the infringement of our God-given rights.
Crisis is no excuse for this infringement, shutting people and their companies down for critical thinking or questioning the incentives behind crisis farming is still an infringement.
Operation Paperclip ought to have be dubbed Operation Fascist Seed. Its blooms won’t stop their quest for overreach.
“The natural progress of things is for liberty to yield and government to gain ground”
-Thomas â‚żefferson
Just 5 months chop, I’m not complaining, it’s bleak vs what btc.d has been doing
Okay okay, fiat price has been crabbing for 5 months, still bullish, but not as bullish as bitcoin dominance đź’ˇ
Fiat price might seem bleak, but #Bitcoin Dominance looks to be in a very bullish trend.
I’m so bullish on #BTC.D that in my lifetime I think it will make sense to start using it to reference against all assets rather than strictly digital ones.
I think this would be the first step in getting people to price the world in #Bitcoin. First we have to get the people to price #BTC in/against the world.
All of this volatility without going anywhere has got me very bullish on the moment #Bitcoin bounces back to and then through all time highs.
It’s amazing to watch #BTC’s resilience in real time. It almost seems to defy reality.
Miners seem to be selling more, this could indicate an opportunity for cheaper sats before things really kick off, but I don’t recommend timing the market, stick to your DCA, maybe stack harder when #Bitcoin is below your average cost.
Y’all can sell all you want, I’m solvent, convicted and stacking more no matter the situation. I’ve never complained about cheaper sats.
#Bitcoin’s integrity is unmatched. Its resilience is unparalleled. It doesn’t follow any man, instead it follows mathematical principles. I bank on certainty in an uncertain world; I bank on #Bitcoin.
#Bitcoin has been the reigning champion in the digital asset world since its creation. It’s more likely that it will become the #1 largest asset in the world than be dethroned by a different digital asset. What replaces email? What replaces the internet?
In the digital age #BTC is king.
More people will come when #Bitcoin’s price goes higher, it seems backwards, but don’t waste these small opportunities when they come.
Honestly, if you have more #BTC than you did last week then you are winning.
The longs are getting liquidated, it’s a shame, but not my loss because I’m 100% spot.
The amount of long term holders in profit is still high which is a sign of strength and I am still bullish af.
