Context is critical.
Hoarding fiat currency (a depreciating asset) over time is incredibly stupid.
Hoarding bitcoin (an appreciating asset) over time is quite intelligent.
This applies to individuals, families, corporations, endowments, pensions, and governments.
These dudes were on Mark Moss’s show yesterday.
Many people believe the Doom and Gloomers and think we’re on the precipice of a massive recession and market crash.
My (approximate) time frames for the progressive adoption of #Bitcoin as the world’s premier reserve asset and reserve currency:
Collectible: 2010s
SoV: 2020s
MoE: 2030s
UoA: 2040s
Exactly.
My (approximate) time frames for the progression:
Collectible: 2010s
SoV: 2020s
MoE: 2030s
UoA: 2040s
I’m with you, Guy.
Yesterday’s debate with Parker Lewis and Jeff Snider was a great case in point.
They just kept talking past each other.
Yes.
I believe that bitcoin is many years away from being a great, ubiquitous MoE for the world.
This is the store of value decade.
Getting into medium of exchange arguments with fiat brains is a futile exercise.
The world doesn’t really need yet another medium of exchange.
But most people *desperately* need an appreciating store of value to combat ubiquitous government fiat currencies, which exist primarily to steal humanity’s purchasing power over time.
#Bitcoin returns, protects, and appreciates purchasing power over time to those who choose to voluntarily join the growing monetary network.
Accurate.
No. I’m not watching this very closely.
Not a recession.
Rather, economic normalization… after the extremely wonky social, monetary, and fiscal policies from 2020 to 2022.
Understand this and you will do well.
#macro
Thanks Marko.
I couldn’t figure out how to do that either. However, nostr:npub15nrj3vfln4pn04f7m5llhdh6k4vdj3sgfl9mvc0xe8p0lulgup9sumvsd9 hooked me up with a Damus-compatible script that is working well.
Thanks for this info, but nostr:npub15nrj3vfln4pn04f7m5llhdh6k4vdj3sgfl9mvc0xe8p0lulgup9sumvsd9 already helped me to figure it out.
Awesome!
You just received my first-ever Zap. 🤝
Actually, I restarted the app and I now see the lightning symbol.
I just tried zapping your post. Did it work?
And now they have increasing global M2 to provide a meaningful tailwind. 🔥
I tried it.
Nothing seems to have changed.
