Bullshit. The price increase brings in normies, the price drop forms Bitcoiners. Almost everyone comes for the gains and stays for the technology/sovereignty/...
It all depends on the probabilities you assign to those two binary outcomes. If you say it either wins or loses (50/50 or close to) then yes, it's the most asymmetric bet in human history. I also live in this camp.
#Bitcoin is a set of abstract ideas, encoded in software, with the internet as medium, using energy as its foundation of security and constraint.
The combination of democracy and fractional reserve banking incentivizes governments to pursue short-term goals, overspend and incur debt, defer problems to future politicians in power, make more and more people dependent on the state, and ultimately make policy for the ever-increasing proportion of (financially) dependent people in society, transforming the country from a success rewarding society (capitalism) into a wealth-distributing, no-longer-value-creating society (socialism).
Opt out, buy #Bitcoin
Dualism: Term for any doctrine that allows for two irreducible (not traceable to each other, reducible) and independent principles or realities.
Bitcoin's dualism of monetary and technological innovation and ultimately widespread adoption will be mindblowing!
Both of these revolutions - monetary (stateless money) and technological (a global, decentralized, timestamping ledger) - have the potential in themselves to greatly change our lives today and in synergy to completely turn our current understanding of the world upside down.
#Bitcoin
These days, some boomers seem to be leapfrogging the Bitcoin rabbit hole journey. Love seeing this! 😁😍❤️
Bitcoin allows you to legally rape the state and central banks.
You just cannot pack any more Bitcoin memes in one single sentence! 😂
Bitcoin is to money what Kopernikus was to our world view 🌍 (removing the world from the center of the universe).
Through Bitcoin, money will again revolve around the economy and no longer the economy around money (politics).
Before money was politicized, money was only ever there for the purpose of making the economy more efficient (through e.g. division of labor) and also to transfer monetary values through time and space. But nowadays money (politics) more than ever is there to "guide" the economy for "the greater good".
"And i have come to the position of asking, has monetary policy ever done any good? I don't think it has. I think it has done only harm. That's why I'm now pleading for what I've called "Denationalization of Money".
- F. A. Hayek
"If Germany were a stock - I would buy it."
- Robert Habeck, Germany's Vice Chancellor and Minister of Economy.
Isn't this headline the most pessimistic there could be for Germany? That our Minister of Economics has no idea about stocks, profitability and company valuation? Probably best (contra) indicator for the decline of Germany! 😂
Fucking 🤡 country 🤦🏻♂️
That's not gonna happen, but at least try your best every fucking day!
There is no second best (next to YOU)! 😉
Yes sir, I am!
This is just the very best marketing Bitcoin could ever get in the western first world, no Bitcoin use case could advertise Bitcoin that well, not even close. Let them introduce CBDCs, chat controll, digital ID, CO2 accounts and limits,... and sooner or later the will awakening even the normies! I'm pretty bullish on the dumbness of the western world's politicians to advertise Bitcoin for us. Let the 🤡 world become the worst parody of itself and see the world turn into a mad place, planting the seeds for a prosperous future 😎
Gary Gensler rn, shitcoiners in disbelief 😁
#bitcoinnotcrypto
https://giphy.com/gifs/bitcoin-bitcoinnotcrypto-0DXVpoFIcbRjIh47Ee
Followed, here's mine:
nostrplebs.com/s/humblehoneybadger
Here are some back! ⚡ #circulareconomy