the difference is that secured credit is fundamentally stronger than unsecured credit. it’s cheaper, larger, and simpler.

with unsecured credit, you’re borrowing against your reputation. credit checks, personal data collection, spending limits, and high rates.

with secured Bitcoin credit, you’re borrowing against your Bitcoin. no credit checks, no personal data farming, instant liquidity, and significantly lower rates.

deposit $1M in Bitcoin, and you can immediately access $500K in cash or credit. buy a house with a swipe. no questions.

secured Bitcoin credit is what credit should’ve been: fast, fair, and backed by real value. digital property enables it.

My Twitter is down again. WTF. Centralized platforms suck. 🤦‍♂️

Every day I ask myself: „Do I really need food and shelter, or should I rather stack more #Bitcoin?“

Election Day nihilism is starting to set in.

the farther you move away from nature, the more you suffer.

Gm

It seems we like the coin today.

I need someone with a cattle prod to poke me whenever I add something else to my todo list without finishing a project first.

Projects for tomorrow in no particular order:

1) Let the chickens out to free range

2) Zero the red dot on my 300 BLK

3) Setup my new Start9

Another sunday another 12 mile hike. Lfg.

It is happening at the same time, but I agree. The bigger impact “currently” is the one you mention above.

Today world’s balance sheet is approximately 900 trillion divided by 21 million (minus lost coins) to get a reference point of the purchasing power of the transition in today’s terms.

Two concurrent things are happening:

1) The world’s balance sheet will likely expand greatly in the coming years to quadrillions - and #Bitcoin (at that time will rise higher in those terms to measure accurately the real purchasing power) keep dividing new balance sheet by Bitcoin.

2) All prices are falling to the marginal

cost of production (in Bitcoin) meaning the purchasing power of the above is #’s is rising exponentially.

Which is why putting a number on what it is worth in fiat is a crazy way to look at it.

Sorry, I couldn’t resist

Don't think I was gonna vote for Trump, but not having him on the ballet is crazy.

Just learned that 10 states didn't put Lincoln on the Ballot in the 1860 election

Damn dating has way to many rules

See you on the other side #nostr 🫡

Enki out.

#hikestr

I love me some strippers