Freedom is massively undervalued - Bet Bitcoin.
Not all are created equal in the world of assets and value storage.
Picture this landscape as a city, where the asset holds the highest, most desirable ground with the best characteristics for storing and growing value over time. What would you choose? Who stands to benefit when we chain ourselves to a mortgage and ignore the potential of assets like Bitcoin?
Why do people flock to the hamster wheel and trap themselves with liabilities? Is the comfort of owning your home worth the shackles of a 30-year debt? Reflect on this: you're trading decades of your freedom for a single asset that may not appreciate as much as you think. By all means, buy the farmland on high ground (like the billionaires now do) with cash. What if you don’t have billions?
A-GRADE
At the peak, we have Bitcoin. Like prime A-grade real estate, Bitcoin enjoys a built-in scarcity with a cap of 21 million coins. This scarcity gives it a distinct advantage over other forms of value storage. It's like owning a prime city property that cannot be duplicated or artificially inflated. On top of that, Bitcoin's decentralization makes it resistant to:
Political or economic interference. NOBODY CAN CONTROL IT.
→ Owning real estate outright with no possibility of eminent domain or government seizure. It is so powerful, yet so few...
It's like owning a skyscraper in a city where every other building is made of straw.
B-GRADE
The suburbs of our city are occupied by commodities - our B-grade assets. While commodities have inherent value and are a traditional hedge against inflation, they don't hold the same advantages as Bitcoin. Market conditions, political instability, and logistical issues can influence their value. Additionally, while some commodities are finite, they don't have the strict, verifiable scarcity of Bitcoin.
How are these competitive against Bitcoin?
C-GRADE
Finally, at the lowest ground, we find fiat currencies. In this model, fiat currencies are like C-grade property in a flood zone. Fiat currencies can be produced in unlimited quantities by central banks, leading to inflation or even hyperinflation. Massive debasement ahead. Look at Norway for, eg - Where is it heading?
They are also subject to governmental control and policy decisions. Over time, these characteristics make them a shitty method for storing time and energy - Don’t do it.
How insanely mental is it that the “debt ceiling” is unlimited for a few years? Imagine an average middle-income family living paycheck to paycheck and amassing massive credit card debt, which is now on the brink of default. What to do? Give 2 years of unlimited debt? “Ok, let’s figure it out after 2 years”. Problem solved?
I ask myself daily - I am always the crazy one here or? I certainly will not sell my freedom in this landscape.
In this economic landscape, I wish I had a currency I could bet, I even though NOK would be ok “They have everything that EUROPE needs, massive resources”, even the Somali shilling would be the better bet, it seems. Imagine waking up to find your life savings devalued overnight. That's the risk you run with fiat currencies…
Bitcoin stands tall on the highest ground.
- First Global
- Private (no government oversight)
- Digital rules-based
- Monetary system
Read carefully and rinse and repeat.
And those entrusting their future to fiat currencies - enjoy the inevitable value erosion.
Start growing a pair, start to question everything, and start learning. Cope with stoicism and live prudently. Stay humble and stack sats. And most importantly, do your own research. Dive into the world of Bitcoin and other assets. See for yourself if the economic landscape is as I've described. Make your own decisions. Your future wealth depends on it.
Don't trade your invaluable freedom for a worthless illusion. Choose the assets that empower you, not enslave you.
Your freedom is your most valuable asset.
Are you trading your freedom for a fragile fiat system?
Morning rant out: Bet #Bitcoin
https://www.kiiskiunfolding.com/blog-1/freedom-is-massively-undervalued
Like Eckhart Tolle found Zen masters in cats, we find ours in Bitcoin
No counter-parties, no debasements. Just pure, decentralized serenity 💪 Have a nice weekend!
Bitcoin - High Transaction Fees: A Sign of Growing Pains and a Stronger Network
I'm no expert on JPEGS, BRC-20, or even Bitcoin, but I enjoy learning and sharing my thoughts on these topics as I continue to grow and discover new things.
Is this good for Bitcoin ? YES. If you pay the fee, there is no problem.
It is exciting, fun, and awesome to try something new. So much confusion and fear concerning Bitcoin due to this “more usage”. The base layer works as intended, and miners’ fees are at a record high.
Innovation on top of the Taproot upgrade “ordinals” “BRC-20” has led to an influx of spam transactions, putting the Bitcoin network to the test. This is what Bitcoin needs, which is very beneficial for Bitcoin in the long run as it tests and strengthens the network.
🚀 The Emergence of BRC-20 and Ordinals.
These are purely the result of the Taproot upgrade, and now “crypto degens” are doing what crypto degens do, experiment, have fun, do weird shit, and gamble the shit out of anything - Productizing the Bitcoin block space.
JPEGS - ordinals - NFT
BRC-20 - “memecoins”
This allows for creating new “asset classes” like BRC-20, which offers a "fair mint" issuance mechanism over several blocks. Those who pay the most for the block space receive an allocation known as proof-of-fees-paid.
→ Increased demand for Bitcoin's block space, resulting in higher fees.
🕰️ The Benefits for Miners and the Bitcoin Network:
Higher transaction fees undoubtedly benefit miners, who receive more rewards for processing these transactions. Additionally, the higher fees are a testament to the increased network usage, which ultimately strengthens Bitcoin's security and robustness.
443k unconfirmed TXs. Yeah it is pretty crazy at the moment. Bitcoin is still in its infancy, with a 500bn market cap, and how many people have even heard about Bitcoin?
The market will adapt to these changes, leading to a more resilient Bitcoin ecosystem. Solutions like the Lightning Network and Liquid Networks already exist, and more innovations will likely emerge in response to these growing pains. Binance is already hinting they will adopt lightning?
→ More innovations will likely emerge in response to these growing pains.
💡Conclusion
The market will find a way to harmonize and adapt to these changes, ultimately leading to a more robust and resilient Bitcoin ecosystem. Bitcoin is still in its infancy.
We are witnessing growing pains. Bitcoin, if anything, can withstand challenges and continues to grow and innovate.
Chill, have a lower time preference and stop the drama. Enjoy the ride as we watch the Bitcoin ecosystem evolve and mature.
Delving into Bitcoin mining research, and I'm blown away by the whirlwind of competition and beauty it entails.
This extraordinary force is steering electrification and a greener world.
I will publish something in May. This will be quite a ride...
Send good reads and resources, much appreciated _o/
GM
"The happiness of your life depends upon the quality of your thoughts." - Marcus Aurelius
Let your mind focus on the positive, and watch your life improve. 💪🌞
Bitcoin is an unbiased player in a world of economic conflict and instability.
100 reasons to be bullish on Bitcoin, but what excites me the most in the near future? Bitcoiners
Read more:
Happy 1st of May! 🎉
As nature blooms, let's seize the opportunity to grow and flourish along with it!
The road to Bitcoin may make you feel lost at times.
Stay curious and keep learning 💪
GM
"When you arise in the morning, think of what a precious privilege it is to be alive - to breathe, to think, to enjoy, to love." - Marcus Aurelius
Be grateful for each day and make the most of it.
Discover if Nintendo's legendary gaming history translates into a legendary investment opportunity!
You hope, dream, and pray that your dad will give up smoking, but in the end, you get nothing... I grew up with Nintendo...
https://kiiski.substack.com/p/nintendos-untapped-potential-great
GM
<3
New piece (Self-indulgent rant warning)
Finland: Kicking the Can Down the Road to Nowhere
https://kiiski.substack.com/p/finland-kicking-the-can-down-the
GM
What if 1929 deflation?
Remember, this isn't about spreading doom and gloom – it's about arming ourselves with knowledge and staying adaptable.
https://kiiski.substack.com/p/preparing-for-a-deflationary-spiral
GM
Keep supporting #bitcoin only companies.
Bitcoin often changes people because it represents a paradigm shift.
Bitcoin does something fun to your mind. You start to question everything. It is truly a paradigm shift in our understanding of what value is.
What other doors Bitcoin have opened for you?
I am currently venturing into Stoicism and minimalism...