Subnostr

less 1y ago

The Great Sats Rush is on.

#Bitcoin

Replying to

TeslaLiberty

That's pretty much until you die

less 1y ago

Yes.

Replying to

Toxic Bitcoiner

This you?

less 1y ago

Too crabby.

https://x.com/vailshirecap/status/1765088050949108097?s=46&t=NCyR3qw1z7F5G9_K91ti_w

Replying to

Toxic Bitcoiner

Is Dr. Bull back?

less 1y ago

Still Dr. Bullcrab.

less 1y ago

In honor of the poor #Bitcoin bears, degen traders, and other haters, I will do 12 push ups a day until bitcoin falls to 12k.

less 1y ago

Hear me out:

Shareholder proposals. Requiring that a minimum of 10% of cash reserves be placed into #bitcoin, rather than just depreciating fiat currencies and bonds.

Any Bitcoiner who is a shareholder of a public company has the right to create such a proposal, requiring a vote by all shareholders.

Few will succeed initially. But it will get the ball rolling and discussions occurring in the C-suites of America.

less 1y ago

As a bearer asset, #Bitcoin is creating a whole new "Owner Class" throughout the world.

Expect fiat overlords to be increasingly displeased by this unstoppable network whose time has come.

less 1y ago

Unpopular opinion: The models aren't (yet) broken.

2021 was simply an anomaly... which throws off opinions of what should happen in the current #bitcoin price cycle.

less 1y ago

(Purchasing) Power to the People.

#Bitcoin

This is worth building and fighting for.

less 1y ago

You don’t sell the golden goose without regret.

Likewise, you don’t “take profits” on the superior savings asset.

#Bitcoin

🪿

Replying to

Gigi

I credit Satoshi.

less 1y ago

I was going to respond with this but didn’t want to you take it as insult, Gigi. 😂👊

less 1y ago

The order of understanding #Bitcoin:

1. Skepticism

2. Speculation/Gambling

3. Investment/Portfolio hedge

4. Savings/Superior money

less 1y ago

“Timechain,” not “blockchain.”

#Bitcoin

Improve your lexicon.

H/t Satoshi Nakamoto and nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle

less 1y ago

Increasing questions from clients and business interviews about spot #BitcoinETFs are forcing tradfi money managers and analysts to come out of the woodwork from whence they were previously hidden.

It’s amazing to watch and read the horribly uneducated and genuinely arrogant takes about #Bitcoin from those who were hoping to avoid the topic indefinitely.

Popular talking points:

“Tulips!”

“Rat poison!”

“Used by criminals!”

“Boils the ocean!”

“Wastes energy!”

“Tax evasion!”

“Not real money!”

“Anarchy!”

“Blockchain, not Bitcoin!”

“Sooo volatile!”

Replying to nobody

nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l

Very sorry to hear about your dad’s passing today Jeff.

I lost my dad last year & my heart goes out to you. Prayers for you & your family.

less 1y ago

Thanks bro. 🧡

Replying to

f0xr

Most can't grasp fundamental economic concepts, because we've been brainwashed into believing that money=wealth. In reality, money is the opposite of wealth.

Wealth is the goods and services that improve our quality of life. Money is a social ledger to keep record of who has created goods and services for others instead of for their own consumption. Production beyond consumption is what enables capital formation. Specialization and complex supply chains are what separate civilization from subsistence survival. Money is the social technology that enables this.

Since savings and capital formation enable technology to advance and aggregate wealth and living standards to rise, sound money is an equity stake in the future of civilization. It's a representation of the production that wasn't consumed immediately, but was deferred to enable greater production with less effort in the future. As production becomes more efficient as a result, prices will fall, meaning that the consumption you deferred yesterday as savings will buy more goods and services tomorrow. That's your reward for having a low time preference, which is what allows capital formation and increased efficiency.

The money=wealth mentality turns that on its head. It enables the financial system to expand the money supply through credit creation, thereby corrupting the entire social technology on which civilization depends. That credit lets those who haven't been productive and deferred consumption present the illusion of having done so, deceiving producers into trading real goods and services for "money" created from nothing on a bank balance sheet, making a mockery of the entire basis for honest trade and capital formation. Then as the producers hold that "money" as savings, instead of benefiting from the increased efficiency resulting from their low time preference production, they can buy less tomorrow as the constantly increasing "money" supply is used to transfer real wealth from producers to Cantillionaires and usurers who charge interest for loaning out "money" they create with a keystroke.

less 1y ago

Good stuff. Well-written. 👏

less 1y ago

GM.

#Bitcoin is the stateless energy money that was first imagined by Nikola Tesla and Henry Ford 100+ years ago.

Spend a few minutes researching this to understand why stateless energy money is an idea whose time has come... and the effects it might have upon the entire world.

less 1y ago

GM

(Purchasing) Power to the People.

#Bitcoin

less 1y ago

What. A. Month. 🔥

Shout out to #Bitcoin.

less 1y ago

Whether through taxation, inflation, regulation, or confiscation, the government will stop at nothing to seize the purchasing power of its citizens.

For the first time in history, regular people have a way to fight back... and, possibly, thrive.

#Bitcoin is better money for a better world.

(Purchasing) Power to the People.