GN 🌕
I read Saif’s Bitcoin Standard, Broken Money, and many others.
“It’s gold’s tie to the physical world added to its innate liquidity profile that keeps it’s value so stable and makes it such good money. There is no equivalent with Bitcoin…. … Bitcoin has no anchor in the physical world.”
He lays out many solid points on the strength of Bitcoin but clearly falls short.
Bitcoin is anchored by the laws of gravity, proof of work energy— arguably better and clearly more measurable than Gold.
There is no Bitcoin without a proven physical expenditure and conversion of energy.
Endlessly competitively physical!
The Bitcoin Bubble
https://www.myrmikan.com/pub/Myrmikan_Research_2017_10_26.pdf
This was written in 2017 and he references it below which was released today. nostr:note1nsf7rm8sfgffh83xlpfkfht6f6wlcv39g8lwz064aacyjf6h9tysuyajwc
Awesome.
I deleted Facebook what feels like 15 years ago, X in 2023 I think, and LinkedIn last year.
🤙
I would love some thoughts on any that take the time to read this:
“Liquidity Reversing”
https://www.myrmikan.com/pub/Myrmikan_Research_2025_01_14.pd
Saylor (losing $6B in one day in 2020?), fartcoin, butthole coin, gold, Bitcoin, and bubbles.
Myrmikan Capital holds no punches on this one.
If Canadians don’t know this I may have some choice words.
Build however you want man! 🤙
“We’re polite Canadians, we like maple syrup EH!” Good one DB! Bang on with your Canadian sentiment. [what’s DBs npub.. I don’t think I’m following]
Eggs.
Quality protein powder although nothing beats eggs, fish, grass fed beef and chicken.
Avocados for shakes.
And a ton less carbs than I am eating 🤣
Keep it up man!
GOod Morning.
PV 🤙
Top of the rock? I remember being there on a clear day in Jan, out on the deck— at a brisk -25C 🥶☀️🤙
GN 🐺🌕
