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Liberty Farmer
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Lead Hamster at HAMSTR - NOSTR over HF Radio HAMSTR is live, see github link in profile.

"Hello Jameson, Insee you are into computers, let's chat about your experience and how we can help. Click the schedule button to view my schedule and book a 5 min call" ๐Ÿ˜‚

Wow, autocorrect screwed me, lol. It was a joke about India and not valuing water.

Says who? They had 400Billion in cash, weapons, and all of the West's Intel, satellites and so forth, and still here we are.

The territory is slowly getting smaller by most mapping accounts.

No matter how bad you(and me, frankly) want them to, they aren't winning, and they aren't going to win. They lost in the first 3 months when 40% of their population left and cities destroyed.

That clearly hasn't been the case, as the 3rd halving in a row has follows similar patterns. (We hit roughly 9x from the bottom).

However, even if that were true, then the halving being priced in means the halving and the supply shock does in fact still have effect.

Not only that, in the face of the current rwcession, no real retail, tech layoffs, contracting money, and massive global uncertainty, the price is still stable at roughly 40%-50% higher than the all time 2021 highs.

The forex price of a new global money/asset that only a few million people believe in, is sitting insanely pretty when all other markets and commodities like oil, steel, , fruits, ex gold are heading south.

The chart is clear on the cycle as well if you take away the silly Trump bump:

Hmmm. But if you owned the Bitcoin in the IRA, then you wouldn't need to sell it, it would just keep appreciating tax free. No need to sell it until you are 72(I think), and even then you only need to sell a small chunk.