We need to start articulating this in years of new issuance. $21B at today’s price would be over 1.5x the annual new bitcoin issuance. nostr:note1pm6sw8qm7m0peuegv4zpmtgq6wagxas00yag6muuczf2j7ezwy8qyxdchz
The rocket ship is getting fueled up. Get ready for blast off. nostr:note1uc0js4tprkh5z7avj03cmvc03hkjawdz0fzgav25tazn23ducgmshqwm57
It does make sense that we’re lower for longer. A bunch of degens who share my bullishness have to be humbled. Not sure how much longer this goes. Seriously, how many degens are there?
Just stay humble, GDI nostr:note1e6mjcr9njgk3l9e6842xnqtjg262dufxuspw54vatlevhv8w2ytqgc5lgu
Get this weak take outta here. Geez, there are some absolute non-sensical bears … smh nostr:note10zxgm9n05lf5hc2afp5aedpps0w9wa0wt46shmmyaglds2t862eq9m5aaj
Nope, when bitty is $1M/BTC on its way to a whole lot more, governments wont have funds to operate as they will have no buyers of their treasuries.
Definitely not in the US, at least. They’ll be trying to calm the “masses”…the bigger threat to bitcoiners is the “masses.”
No more dry powder. Been out for months …let’s get on with it already. nostr:note14jp3v4n322v7p7plf33u2e9qhx0jz4p9ylm4qvvgyyvjs73de4fqktmnsd
They won’t be able to afford to enforce the policies you’re whining about. nostr:note1qp2ccqjnh99f75zvgak7hnc6a57wy6wgkq4kd8y47kvh3z4nz0rqdqf26e
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx where’s the “since bottom trough” chart … it looks better. nostr:note1xkcv5fwy9wdu9zy3vuu45enfnu2xysrs659gzyng7ggeht5d90wqx2fsn2
For any “meaningful” duration I strongly disagree with 1-3 … and bitcoin makes 5 obsolete because bonds won’t be generating 30%+ annual coupon rates. Bitcoin *replaces* bonds.
The only useful “bitcoin bond” duration would be less than 4-years to manage “short-term” volatility. And most bond buyers doing any volume are not max bidding short-duration paper. And those with a mandate to “buy bonds” aren’t touching bitcoin-backed bonds right now and by the time they get their mandates, bitcoin is already gonna have disrupted bond markets.
Why would any investor buy a bitcoin-backed bond? Those who believe in bitcoin should objectively just buy / earn bitcoin. Those who don’t believe in bitcoin think that bitcoin-backed bonds are stupid.
Serious question. That we should discuss as a community.
I know some Bitcoin influencers have made it their reputation and it their livelihood to jet-set the world, advocating this concept of better yielding, less risky debt but I think they’re barking up the wrong tree. Bitcoin makes debt markets - at least the ones we have today - obsolete.
The entire concept of bitcoin bonds is stupid. Just buy bitcoin.
Individuals making syndicate investments will exist. Venture capital FUNDS will not exist.
VC funds don’t exist on a bitcoin standard. nostr:note1myu4elzmp7jgfj039aedgrdkzay27dg47qdn9zmglxs7xr0kaquqlwp920
Judging from Howard Lutnick’s clapping today, I’m expecting this chart to change dramatically in the next month or, at most, two. nostr:note14kxr7qn6jez2jtcg7lw7wutq68ks2hfwgf809mzz8d4npu2ad4yquevtyc
Got any more of that “absolute scarcity?”
https://tenor.com/view/you-got-any-gif-26357631 nostr:note1u72c7vzlln6sxgxxdk8268hnajfpvxgms2jj0fg84zmrje6qsf0qd5nw09
Got any of that “absolute scarcity?”
nostr:note1u72c7vzlln6sxgxxdk8268hnajfpvxgms2jj0fg84zmrje6qsf0qd5nw09
Just begs the question “WHO?” … like frfr. And when do we get to wreck the shorts?
And - just as importantly - why? nostr:note158gn3fzfcwv7mmxtlexfxhwzayyj5t0gcwp6hh5lsfm05q49zl9sak0j4z
“make it stop. make it stop. please. MAKE IT STOP!” -class of 2021 maxi nostr:note19at6w68wmjtpyg4j0cvepqf9f6yk2yyhew9wkpx3ncue6gdwr30qe9anus
And under fiat, the only way to create shareholder value is scale. With Bitcoin, quality delivers shareholder value. Also, public companies will be forced to shrink, which is good for free markets (and by extension everyone), too.