I’m a big believer in this thesis. Bitcoin’s NGU success will limit its ability to be regulated for exactly this reason…spending Bitcoin to regulate Bitcoin is a waste.
I’m up nowhere near 300% … I smash bought a lot, perhaps poorly timed, early. I believed in S2F and made some major moves anchored in that back in 2021. I stacked aggressively every paycheck, every bonus / deferred comp for 3+ years.
My portfolio return profile is more consistent with equities than with paradigm shifting magic internet money. It’s one thing to be underwater on purchases during a bear market…but we’re supposed to be bull running.
I don’t have a lot of patience for the bitcoiners who are preaching “great time to stack cheap sats…” … that’s what the last 3 years have been. Now it is time to inflict some FOMO on the non-believers and cynics.
Class of ‘21 maxi hodlers have done our part…time for us to reap the windfall afforded to previous cycles.
That’s fine but when 📈🔥🚀?
I’ve been hearing the same damn “be patient” “keep stackin’” taglines for the last 4 years.
It was there when we didn’t have the blowoff top. It was there as we entered the bear. It was there when FTX blew up. It was there with the ETFs were announced. Now it’s been 5 months since the halving and the price has gone down, consistently. “Still a great time to buy, though.”
“It’s always a good time to buy bitcoin.” Okay, yeah, but - dude - at some point it has to be the asymmetrical payoff to justify this level of stress.
It is about time for this thing to rip.
Do they though? If anything, they should move faster…we’re not getting the institutional commitment “game theory” bitcoiners would expect at this stage.
It’s been 6-months of downward chop … need price action sooner rather than later. All these folks who have been around multiple cycles can’t appreciate how hard the 2021 cycle has been for first timers (no blow-off top, lengthy “consolidations”, backdrop of bad macro, etc.)
What should we watch? And who should we follow? There’s not a lot of that TA / quant content published over here on NoSTR…
(Also, wth is going on? Thanks.)
There is no way American public education will teach authentic early American history. Those early days were such a sh*tshow…in particular, financially.
This book is doing a good job summarizing how ineffective governments were (/maybe still are) at issuing money and managing debts.
“A Republic…if you can keep it.” -Benjamin Franklin
American democracy is facing a failing currency. American democracy has been tested in the past…will it continue to persevere?
I choose to believe, “Yes!” 
Been going through a lengthy period of stress. About to commit to reading a book to anchor in what matters. Life is the small things…
For those of you who are still on Twitter, I had a long debate thread today with Parker Lewis about Nostr. I'm a big fan of Parker, so I figured I'd share it here for shared learning.
Here's the latest post. I'm not sure it'll be the last or not but it's the latest one as of this writing. You can scroll up to see the exchange from the start.
https://x.com/LynAldenContact/status/1828553130717442443
Linking to my own post in isolation is bad form and the thumbnail is awkward depending on what client you're using, so I'll also provide a pic of the start of the debate too, with two posts of his and one of mine.
I'd be open to any thoughts about this debate.
(Can’t see the thread if you don’t have a Twitter account…)
He’s all about going all in on medium of exchange. I think he views NOSTR as a distraction from that effort.
Then “they” fight you. Hedge funds getting into the bitcoin game … will be fun to see which one gets liquidated first.
NGU will keep them from being able to afford kicking down doors…they won’t be able to pay enough people to kick down the doors.
I can tell you’re frustrated about something. Truly sorry you’re angry about it. Hope things get better soon.
That’s what’s awesome about capitalism (and by extension, Bitcoin): by worrying about myself and what’s best for me, everyone benefits. nostr:note15s5ypg7fj07y0vhtnq3486nyz305d3waea9xhhl62ce6yx6jvn0sk3me6h
Every social issue we’ve seen play out since covid is them fighting bitcoin and our freedom. They can’t fight it directly because of Streissand Effect.
But if you look at EVERYTHING going on in our world through the lens of their money is broken, has competition they can’t eliminate, and they know they’re losing it all makes sense.
Greed is good. It aligns incentives. It funds projects, bring new entrants into the ecosystem, etc.
NGU is literally all that matters. Everything good comes from people looking out for their own best interests and the interests and those whom they love and care about.
NGU for the win!
Regulations will be designed as a service rather than a constraint. They will probably be designed and implemented by private parties rather than governments or large state-aligned institutions.
By appreciating faster than every other money out there, bitcoin will make onerous, unnecessary regulations too costly to enforce.
This is the subtle but critically important point and why NGU is all that matters. NGU aligns the incentives of consenting parties.
Yo nostr:npub1pyp9fqq60689ppds9ec3vghsm7s6s4grfya0y342g2hs3a0y6t0segc0qq you gonna start posting more over here?
The Dude is willing a whole new generation of generational wealth over this halving’s finish line. nostr:note1laxu6k39wxk8crpaa5zkechms9ea03cjeualxlnn3ppd5j507vysvmh347