The difficulty building the network effects and associated engagement over here in NOSTR speaks to the importance of first mover advantage in systems that require network effects to succeed.
It takes time and energy and persistence and patience and humility to build out on NOSTR when Twitter is over there, flashing its pre-existing network effect as an attractive alternative. But NOSTR has more staying power in the long-run.
A tsunami of freedom. 🤙🏼
I’ve done 2x 120 hour fasts over the last two years both times with some salt water… both times Sunday night to Friday dinner … the second time was easier because I knew what to expect.
(1) Each fast, I had two periods of time with headaches, lethargy, and kinda blah feeling that I had to push through: Tuesday pretty much all day and Thursday morning/early afternoon.
(2) Sleep quality went way down starting Monday night and continuing the duration of the fast
(3) Digestive surprises started at around 72 hours
(4) Mental clarity and focus was great Wednesday and AMAZING Friday morning / afternoon. This was the main benefit!
(5) Lost 10+ lbs despite drinking 2-3 gallons of water per day.
(6) I wonder how altitude would impact this experience (??)
Free(ish) markets and private property rights. #Murica
“Is he sick?”
“No - worse - he’s discouraged.”
-It’s a Wonderful Life
That is a silly take. Institutional adoption gives more legitimacy to the asset and drives adoption. Of course there will be “rug events” with the institutions but the events will be higher volume and with more people involved. Those people will learn, as many have before them, and it will usher in more bitcoin self-custodians.
This is great for bitcoin’s long-term success.
Also there are mathematical inconsistencies in his logic. If BlackRock has $50B in bitcoin in the first 3 months, the price of bitcoin will be $1M+/bitcoin. The illiquidity of markets and absolute scarcity is going to create all sorts of problems for these ETFs. PS … I’m not selling.
Would love to hear you jump in there and challenge him more on some of that rambling and jargon.
nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy … the conversation with Fred Krueger is a little lazy on his part. People are inherently greedy. Won’t game theory keep asset allocation increasing over time?
Why would anyone stop buying bitcoin if it goes to $500k USD/bitcoin? His flippant attitude towards post-$500k bitcoin is annoying for someone who isn’t already “fiat rich” and playing this game for some sort of self-affirmation.
It seems like he forgets the “absolute scarcity” angle that inevitably accompanies the increase in adoption …
And far too many lazy “you knows” from Fred…
nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy … the conversation with Fred Krueger is a little lazy on his part. People are inherently greedy. Won’t game theory keep asset allocation increasing over time?
Why would anyone stop buying bitcoin if it goes to $500k USD/bitcoin? His flippant attitude towards post-$500k bitcoin is annoying for someone who isn’t already “fiat rich” and playing this game for some sort of self-affirmation.
It seems like he forgets the “absolute scarcity” angle that inevitably accompanies the increase in adoption …
Last I checked, Riot is ~2-3% of global hashrate.
When will the first green $10k USD/bitcoin daily candle be? 1Q2025?
“Falling prices are not generally good for the economy, though.”
The only reason falling prices are “generally not good” is because *other people* have debt they could not pay back if asset values and subsequent cash flow generation wasn’t appreciating over time … for every saver out there: if you have saved money, falling prices would be absolutely great for the economy.
Opt out of the rigged game with bitcoin.
1989 was a great album for any era … she’s also had some really solid chill albums recently which are for the streaming era where her fans listen while “tuning out” and doing other work / chores. I think she has brilliantly managed the business of her music and stayed incredibly consistent to who she is at her core WHILE capturing the dynamism of life and growing up and situations.
I think “Lover” was a miss but still captured the cultural weirdness of the late twenty-teens (“peak functional fiat culture”) and I am not a huge fan of this recent Kelce storyline / NFL marketing development. BUT, I thought what she has done to manage in business AND keep her music relevant was incredibly tough and she knocked it out of the park. Better than any other artist of the last 20 years, by far. True “excellence” despite the fiat system she operates in.
and has gained fandom from plenty of other guys who had a rough time in those formative middle school and high school years, too. She monetizes the chip on her shoulder well.
When things get weird and you get mad, just remember the best way to fight against it is to constrain their financial flexibility. Remove the money printer that enables these shenanigans. Opt out with bitcoin AND force accountability on those with responsibility in the fiat system.
That was incredible!
Tick tock, next block…
What’s the best way to learn about P2P exchanges?