Your analogy doesn't work.

In percentage terms, atmospheric CO2 has increased ~0.014% since the pre-industrial age.

The soil being 0.014% more or less hydrated each year would make zero difference to the plant.

I only ever watch the first season of a 'continuity driven' TV show for this very reason.

A lesson learnt after thinking the first season of '24' was the best TV show I'd ever seen, and yet season 2 episode 1 was just an insultingly lazy setup.

(After all the twists and cliffhangers of the first season, S2 E1 kicks off with the kidnap of our heroic protangonists daughter. Yawn).

Episodic / standalone adventure stuff is still great though e.g. The Mandalorian)

GM

Presumably, during big and sudden price drops, people withdrawl Bitcoin from exchanges and into cold storage. Hence the on chain activity.

And vice versa. As the bull market starts heating up, people have confidence to move some BTC back on to exchanges, just in case a gamma squeezed pi cycle top God candle appears.

Saylor talked me into being a fiat dividend maxi during the past 6 months.

Difficult to be laser focused on MSTR now.

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What's the next best crypto asset? There is no second best crypto asset.¹

¹ 2025 addendum:

There is no second best crypto asset, except for the newly listed 1,000 digital asset treasury companies.

I bought BTC treasury companies earlier this year. Chasing the bubble. Ouch. OK, fool me once, shame on you.

Then I thought I'd be more prudent, and went hard into Strategy's STRD for the fiat dividends. Oof. Fool me twice, shame on me.

To hazard a guess, i'd imagine the growth in the legitimacy of the stablecoin market now provides fiat off ramps that never previously existed for OGs.

Just two years ago, here in the UK I was getting my bank accounts frozen regularly because I was simply depositing money to Coinbase.

If I ever sell, USDT seems like a godsend.

Privacy is not a right. For example, you have no right to force everyone to avert their eyes when you change on a beach.

It is property rights which need to be enforced. Owning a towel enables you to change on a beach in a manner which protects your privacy.

Likewise, owning a VPN utility sheilds your online activity. You have no moral right to dictate that nobody is permitted to scan data transmissions.

Privacy is an emergent value from property rights. It is not a right in itself.

In some ways its great that everyone simultaneously has access to create AI forgeries for zero cost.

So much fiction could have been written about how disaterous this would be, and how the innocent would be framed for crimes they fid not commit.

But the reality is the US President is making fake videos about war zones / conflict areas, and no one really cares.

If you can get a little bit of "private time" in the matrix, it's definately worth the risk of a self plug.

Never swiped to refresh twitter & primal so much...

a) to see the community in joint celebration.

b) to confirm my bias that Trump still the same anti-establishment and genuine guy that emerged in 2016 (and i say that as an anarcho-capitalist).

Sell your car windows. Stack more sats.

The Red Dwarf novels, written by the creators of the show (Rob Grant and Doug Naylor).

Like with Hitchhikers Guide to the Galaxy, I'm never sure how the very British sense of humour travels though.

The day I got my first tooth filling I felt like I'd metamorphosed into being part cyborg. I had failed at being 100% human, and was now dependant on this small foreign body part.

So I'm up for anything now.

Around 2014, I was a gold bug. I'd bought a few Bitcoin as a hedge, but seeing the price of BTC exceeded 1oz of gold, well - back then I thought that was insane, and stopped stacking sats. How on earth could a made up internet currency be worth more than a beautiful, weighty physical gold coin?

Now I look at the price of 1oz of gold and kinda think that is crazy. The price has doubled since i bought it. How can one small metal coin be worth so many units of fiat? How accurate does the weighing and assaying equipment need to be to ensure my gold is correctly valued?

Where as Bitcoin - well that's up 100x (or whatever) since I bought it. Strangely today, that doesn't seem crazy at all to me. It has no physical presence, size or mass. Which means my brain doesn't have to think about how can a single gram or millimeter be worth a certain price. It is purely digital. It is unencumbered to be valued at any fiat price.

Anyway, GM.

That is exactly what it is.

Insurance is not some mumbo jumbo legal definition. Insurance is an individuals cost-benefit analysis of their situation.

Lets say I have made 100x on my BTC. Moving say 10% of my stash to a custodian protects a portion of my wealth from an attack / mishap with my own seed phrase storage. If the custodian goes bust, meh. I still got my 90% of the best performing asset.

And it helps me sleep better, so less stress, and so less likely to fumble the seed phrase...

Saying 100% of your stash should be self custodied is like saying this:

You should have no home fire insurance. Because that insurance company may go bust. Instead, you should be competent enough to ensure no fire ever starts in your house.

Bitcoin is freedom tech.

You have the freedom to custody it any way you like.

Do not be manipulated into holding Bitcoin in a manner you feel uncomfortable with.

If you lose / have stolen your 24 words, thus lose all your wealth, none of these Bitcoin OGs on nostr are coming to bail you out.