But not as scarce as #platinum

All the platinum in the world would be about 3 inches deep in 1 Olympic pool.

Was he carrying 200 BTC on him at the conference?

https://www.visualcapitalist.com/u-s-banks-with-the-most-commercial-real-estate-exposure/

I am not sure if you could even see that wire.

But 250,000 sats for every person on earth is scarce?

Well that was a nothing burger…

Keep us updated from the bluebird. Some of us don’t have access to the blue bird.

We have to start building decentralized repositories using npubs…

Did she say this recently?

Looks like people are trying to fleece the westerner.

Big fan of kimchi.

They have to moving that 2 billion into another asset. Maybe a fire sale to get cash quickly for something about to happen. And why sale it now? Why not wait until after the halving. When the supply is cut in half. Something is going on.

I know. It’s wild. It’s hard to understand selling a finite asset to exchange for something you can print unlimited amounts.

Bitcoin going to a million. Got it! ;)

Be careful out there. These bitcoin maxis will get you.

What did I miss?

And that’s what makes a good free market.

Haha! What is it with you and shaved metals in envelopes? Why would someone do that when you have goldbacks? As more and more vendors and retailers adopt goldbacks people will drop paper currency for gold notes. Most stores accept paper currency why would they not accept gold notes?

When it comes to online transactions I go to a retailer that accepts goldbacks. Buy online retailer fiat gift card. And I use that dirty fiat gift card to make online purchases. The psychology of that is much easier to adopt because people are already doing that in mass.

https://www.goldback.com/exchange-rate

I have the book on my bookshelf collecting dust. I have other books I rather read. So, I am not sure if the books goes into attack vectors. But as more and more adoption happens and the complexity of bitcoin network continue to happen the attack vector is going to get wider and there is going to be more financial incentive to do so. Just saying.

lol. Look at all these third party risk. That’s the headwinds that Bitcoin and others will have. Can the technological money evolve faster than the counter attack. There is a reason analog money has survived for 5000 years.

The last time I checked the reverse repo market. The Fed had a little over 1 trillion dollars. Today, that number is less than 500 billion dollar. Holy cow! Looks like this party is going to start in summer of 2024.

https://www.newyorkfed.org/markets/desk-operations/reverse-repo