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Toby McMann
cfc09e2c78fe9d5566c6c0f85cfd433dde0c95ec40b44e12a1ecf900fc373afd
Bitcoin enthusiast | Nostr only Nosce te ipsum

People want to invest their time and energy in what is true. Doing otherwise disrespects and cheapens their being.

Bitcoin is truth. Its growth metrics prove the point. nostr is the same. Welcome aboard.

#introductions

Governments, corporations, big tech, religious institutions, etc, all build big, beautiful walled gardens offering the allure of something better, often claiming it is free. All they demand is loyalty and obedience, together with your time and energy..

#Nostr fixes this. #bitcoin fixes this.

Be your own boss.

Scammers playing on ego, and the allure of big, beautiful walled gardens. It is all an illusion.

"The first half of life is devoted to forming a healthy ego, the second half is going inward and letting go of it." -Jung

#Nostr solves this. Keep coming back.

The key to success at times is separating from the tribe. Rising above. Seeing through the fog of war. And not being dragged into toxicity. These teams, and their cheering fans, are role models for the opposite.

I'm not sure Plan B was ever a maxi. His model and thoughts around BTC price, and demand drivers (including an early call on nation state adoption) were ground-breaking. Credit where it is due. Tremendous value-add. But, he is just a trader -- being honest about the change he wants to see. No judgements. Bitcoin doesn't care. Tick tock.

Thesis: As #bitcoin's inflation rate programmatically approaches zero, and relatively few coins remain unissued, the halvenning's impact on price decreases.

Sorry. Don't shoot the messenger. I know how much we all love to lean into halvennings and the 4-year cycle. But this reality is a feature, not a bug -- ie, ultimately, there are no halvennings. We are being weaned off inflation, by design.

So, as more and more coins are issued, the halvenning represents less of a supply shock, and we have seen declining price appreciation in each successive 4-year halvening cycle.

For those interested in predicting the exchange rate to fiat, we might want an increasing focus on changes to a) bitcoin adoption, and b) levels of fiat debasement.

We might also focus on levels of paper bitcoin -- i.e., if bitcoin is increasingly fractionally reserved, effectively it increases supply, which suppresses the exchange rate relative to fiat, acting as an offset to higher adoption or fiat debasement.

I think there is significant progress, but obviously the vast majority of folks remain largely unaware.

This guy is just parroting what he learned in some textbook or class. When he gets into the real world and starts understanding money, its role and the value of scarcity, he will realize the huge blindspot in "modern financial theory" taught to him.

Well said. It is just so sad for the normies, getting less and less for their effort. Hopefully there is an awakening. We are here for them, when they want the help.

The fundamental struggle for each of us is that between Ego and your Self.

Ego puts pride and intensity ahead of humility and intimacy. It's happiness is fleeting and often destructive. You need more and more of it, like a drug. It is high time preference. It shrinks your world.

The Self is humble. It is low time preference. It is calm, and lasting. You need less and less of it, over time, to achieve happiness. It expands your world.

The spiritual journey is the search for your Self. Awakening is when you find it.

And, if you replace "Ego" and "Self" above with "Fiat" and ""#Bitcoin" -- it helps describe the rabbit hole down which the "plebs," "freaks," and HODLERs are descending. It is a spiritual journey, bigger than oursleves. The result is serenity and peace.

Replying to Avatar StackSats ⚡️

Normally, gold prices and interest rates have an inverse relationship – when interest rates rise, gold prices fall, and when interest rates fall, gold prices rise.

This is because gold does not yield interest or dividends. Rising interest rates make interest-bearing assets like government bonds more attractive, leading investors to move capital away from gold. Conversely, falling interest rates reduce bond yields, making gold a more attractive store of value. Additionally, low interest rates are often accompanied by expansionary monetary policies and inflation, which increases demand for gold as an inflation hedge.

The fact that both interest rates and gold (as well as Bitcoin) are currently rising indicates a loss of confidence in the financial system. Normally, higher interest rates would draw investors into bonds and weaken gold. However, when markets fear that rising debt levels are unsustainable and that fiat money is losing credibility, they flee into energy-linked, scarce assets instead.

This signals that investors no longer trust the long-term stability of the financial system. They anticipate either persistently high inflation, an impending debt crisis, or a significant currency devaluation. The market is effectively indicating that printed currency and the debt-based system are losing credibility, while real, limited-supply assets are being prioritized. This is exactly what is happening right now: interest rates are rising – yet gold and Bitcoin are also rising.

Inflation