“When I say payments, I actually mean someone’s entire financial life”

-- Elon Musk

If someone non-technical asked you how to buy bitcoin and self-custody it, what resources and devices would you point them to first?

-What guides?

-Where to buy?

-How to store it?

“The institutions are coming” was a meme in the last cycle.

And it was partially true. Small businesses came. High net worth people came. Forward thinking public companies with bitcoiner leaders like MicroStrategy and Square/Block came. Even a few big insurance companies and asset managers dabbled.

But that was premature. The institutions just tasted. Their leaders bought with their personal accounts or otherwise understood, but couldn’t put big regulated money in. And it was a crazy time- with fiscal stimulus many things were a bubble.

I talk to some institutions, and like, they get it now. That’s not exactly news when Larry Fink is on tv calling it a flight to quality. But I will reinforce it anecdotally- institutions increasingly get it, or at least some of it.

Most people only see the prior cycle or two. They don’t see all prior cycles since inception because that requires looking at a log chart and putting in a few hundred hours of research.

Bitcoin has to get big enough to hit your radar, lead you to form an opinion on it, collapse, and then hit your radar even bigger again, for most people to get it. It’s not about “all cycles”; it’s about their *specific* cycle of understanding it, forming an opinion, and then seeing another cycle that either validates or challenges their opinion.

Also, many people will get emotional this cycle. Fade emotions and focus on fundamentals.

Anyway, enjoy your evening.

My son has done it again! He's orange pilled a second kid at school. At this rate, he's going to orange pill more people than me! 🤣

People tend to ignore bear markets and then buy high-volume tops. It is sad but that is what happens.

I’m going to emphasize “study bitcoin” to people this cycle. Not tell them to buy it. Not tell them to have fun staying poor. Just point out that it’s still here, yes it’s important, and yes you should take the time to understand it.

I just don't understand the benefit outside of just managing your follow list & then have selective filtering.

Genious, haha!

I noticed the update was pushed, but was considered spam and had been quarantined. I have now switched to SouvereignIndividual OS and no longer suffer from TheCurrentThing attacks.

Maybe over the top, but I've installed WokeBurner Firewall and the system looks way cleaner somehow. Some may say "more honest"

Until you close your account you haven't quit Twitter you are just faking it. You still have a Twitter account. You gonna quit it or continue to fake it?

you do not have to quit tiktok or twitter if you do not want to but just know that I am disappointed in your lack of conviction

Where did all the Ukrainian flags go? Did "we" win? Out of main stream news, out of mind?

The situation that the Jewish people are in, including some bitcoiners that I respect, has been on my mind lately.

No doubt I’ll comment on it more, but for now I wanted to offer my deep sympathy in the form of sharing an anthem I grew up with, “The Flemish Lion”. Both in this song and in the recent personal updates I see determination and fierce courage in the face of gruesome brutality. I keep re-reading in particular verse IV.

Here goes the translation:

The Flemish Lion

They shall not tame him, the proud Flemish Lion,

Even if they threaten his freedom with chains and shouts.

They shall not tame him, as long as a Fleming lives,

As long as the Lion can claw, as long as he has teeth.

Chorus:

They shall not tame him,

as long as a Fleming lives,

As long as the Lion can claw,

as long as he has teeth.

II

Time devours cities, no thrones remain standing:

The armies may fall, but a people shall never perish.

The enemy marches to the battlefield, surrounded by mortal danger.

We laugh at his fury, the Flemish Lion is there!

III

He has been fighting for a thousand years for freedom, land, and God;

And still, his strength remains in all its youthful delight.

When they think him powerless and provoke him with a kick,

Then he rises threateningly and frightful before them.

IV

Woe to the thoughtless one, false and full of betrayal,

Who comes to caress the Flemish Lion and treacherously strikes him.

Not a single movement of his escapes their watchful eye:

And if he feels wounded, he shows his might and roars.

V

The signal for revenge has been given, he is tired of their provocation;

With fire in his eyes, with anger, he springs at the enemy.

He tears, destroys, crushes, covered in blood and muck,

And triumphantly grins at the enemy's quivering corpse.

THE FIATJAF says it’s THE NOSTR. nostr:note1gt4q3wdd6lfjzmweh9ge594s8vjga5cshuqdqzdhj9d6ahdlgasqpe96fa

You can't.

I didn't say it would go up and down at the same time. Logic fail on your part.

I said it either goes up, and my net worth goes up now - or it goes down, allowing me to stack more sats at unrealistically affordable rates, and ensures my net worth goes up more in the future.

Either way I and other plebs benefit. So explain to me how either one of these is bad.