Inflation Rates
Exxon Mobil? 🤔
Public #Bitcoin miner $BTC balance sheet HODLings:
Having your bitcoin in cold storage and immune from this kind of fuckery is a truly special feeling.
Never Forget
“If money is conservative, then everything else will be conservative. If money is non conservative, the world goes insane.”
-Michael Saylor on 🤡 🌎
#Bitcoin
#Bitcoin Address Count w/ Balance >0 Satoshis ($0):
So much signal in this metric, indicating the rapid adoption of BTC.
Few understand this!
#Bitcoin returns if held over a 1 through 8 year period:
Rule of thumb: only buy $BTC if you plan to hold for at least 5 years.
Im pretty sure I was shadowbanned until Elon took over.
Twitter under the leadership of Elon is awesome.
NASDAQ Returns by Year:
Comparing length of major #Bitcoin drawdowns:
Median sales price of houses sold in the United States during the housing bubble (2004-2006) vs the COVID crisis (2020-2022):
Home prices increased substantially more during the years of the COVID crisis. I'm often told (by mortgage bag holders) that housing is not in a bubble. I tend not to believe them.
Some differences between 2004 and 2020:
1. New home building oversupply in 2004 vs new home undersupply in 2020
2. Fed was ratcheting up interest rates in 2004-2006, from 1% to 5% vs holding rates at ~0% in 2020-2022
3. Huge increases in broad money supply during the COVID crisis (stimulus checks)
4. Shady/Predatory lending practices in 2004-2006, not as much in 2020-2022
The combined Social Security(SS) trust fund (OASDI) income and costs:
Costs (SS benefits paid) exceeded Income (payroll tax, interest income on treasuries held) in both 2021 and 2022.
The entire Social Security program is expected to be "bankrupt" by year 2035. At that time, SS benefits will have to be cut(unpopular), or payroll taxes will have to increase.
h/t #[0]​
take a coca plant, crush it up, do some sh*t to it chemically...cocaine
take sugar cane, crush it up, do some sh*t to it chemically...refined sugar
“Show me the incentive and I’ll show you the outcome!”
-Charlie Munger, inadvertently explaining why #Bitcoin’s price will go up forever.
That would be a great analysis
#Bitcoin address count with greater than $1, $10, $100, and $1000:
Addresses with greater than $1 and $10 are at an all time high despite the depressed $BTC price.
