They claim to be buying 30% of new block reward at these prices. I just want to be able to verify those claims.
How do we know they have the bitcoin?
The great Wall Street crab market.
Ready for it to end.
What’s the Ten31 view on business models for real (tangible) assets under a bitcoin standard?
Discounting at 50-65% means pretty much every single physical asset (real estate, energy, manufacturing, etc.) out there is mispriced relative to bitcoin.
How is the bitcoin community fixing that? I’m not a developer but I’m a bitcoin maxi … besides hodling bitcoin forever and spending only as necessary, how do I build a career / profession by buying oil fields, high rises, golf courses, etc. with my stack?
I’m sure other bitcoiners have this dynamic, too.
Some of my worst nightmares are literally these videos.
No I don’t…that’s one of the biggest knocks against deflation and a fully competitive market. It doesn’t encourage investors to take on the upfront investment in projects, new technologies, ventures.
In the corporate world, you make every operational decision on a “money forward” basis. It doesn’t matter that you built an apartment complex for $50M and need $3000/mo for rent to pay back the investors. If the market can’t support $3000/mo but instead offers $2500/mo, the operator of that facility (in consultation with the investors) will charge $2500/mo.
Another example, railroads. If a company owns the only line from A-B, it has a geographically protected monopoly and has a huge windfall. If a competitor comes in to build a competitive line A-B, not only is the monopoly destroyed but the value either can charge is determined by the cost charged by the other company.
We see the same dynamic around gas stations.
Once the capital is spent, it is mostly irrelevant to the operational decisions going forward.
Products and services are worth their marginal cost to maintain. For online content, that “value” effectively free on a per view basis. Deflation in action.
We should be celebrating that most of the noise on the internet is deemed to be worthless. It will filter that worthless stuff out while promoting really amazing content.
The quiet part said aloud…love it when this happens. Especially when someone of Hillary Clinton’s reputation and prestige says the quiet part aloud. This is how we know we are winning. nostr:note1w00g9n77y2lpp3n8v4xlav4l94ls5yk3lnnwunzszlhtymxhgv7sky32ec
My man, I’ve done this … all in, only NOSTR … both with a ‘nym and a real account. This has not been the way. I have no followers on my real account and the engagement I have with this account is very low.
All caps doesn’t make something true. We’ve got to make this platform more useful for the “common user.” The influencer class barely uses this place and it seems their NOSTR content is inferior to what they post on twitter.
The content for the common user is far inferior to the content on Twitter. If you don’t have followers then the value prop of this platform is difficult to manifest.
120 has been a fun, challenging experience for me a couple times.
What happens if we haven’t cured inflation? Employment is high, real inflation is 7%+ and central banks are cutting rates to make debt more affordable in order to protect asset prices (cascading concerns).
That scenario doesn’t sound good but seems like it is playing out. Might not be a “recession” but isn’t that what is happening?
IMO, the concept of federal government has merit. The fact that it has been bastardized since its inception is a critique of people & incentives.
Democracy by David Moss plays out in case study form some of the problems Americans have faced throughout its history and will have you acknowledging the merits of a governing collective representing its constituents.
A.
Read Democracy by David Moss
There are reasons for nation states to exist.
Great rip. 💯📈🔥🚀 nostr:note1xeqn8ccrcrqmuqr7yhqdgkat5euxun4zh9x0s2k3ve5znecf7j0sl3nudm
nostr:nprofile1qqsphh4hcsk9trquc2rd0drwge9vh75rmaa43xru4ha74nyrld9emygpzdmhxue69uhhqatjwpkx2urpvuhx2ue05wqmlf what you got on Coinbase addresses?
I think we just have the announced totals from their disclosures. And fudging those disclosures is against the law. So we assume they’re accurate.
Could be wrong but I think that’s the case. Also, I’m not saying it is what is suppressing the price let alone suggesting it is happening…just pointing it out as a trust gap and an example of ways the price could be suppressed.