It's far more important to me that individual's and their families understand Bitcoin, buy it, and safe-keep it for future generations
But as a investor, seeing the "tailwinds" this asset has with nation state adoption hotting up, is very exciting for price action
Having Bitcoin as a serious part of your family financial plans allows you to say "fuck you"
Great scene I was introduced to this week...
https://www.youtube.com/watch?v=y6yCmdIkw_E&t=186s&ab_channel=WAusJackBauer
Fair call. The monetary premium of all sorts of assets will be eaten on the way there
Hmmmm
They never say it. They say "oh I did buy some, but lost it, or sold it, surely I've missed the boat...? Are you really serious about it"
So maybe not crazy
But always apprehensive
Great question! Changes all the time...
- 1 - Australia (where I am now)
- 2 - Europe (Portugal or Greece. Somewhere close to my home in UK, but warmer)
- 3- West Coast US (watching political evolution closely, in particular RFK unleashed on big pharma and health aspect)
My wife and I have lived in Asia, which we love, but would prefer to go on holiday there then setup permanently
The hard thing to answer is the timeline... Online I follow lots of Bitcoin content etc
In real life, when I tell people I am an investor with a focus on Bitcoin, most people still think I am crazy
Most of those people know Gold is valuable
So just a matter of time until they realise the 10x superior Bitcoin is to Gold
On chain metrics help hugely to predict the future behaviour of HODLers
Around the 100k usd Bitcoin price we will see large sell side pressure
Good to remember when getting carried away with 10x dreams from here!
Table courtesy of the very talented nostr:npub1qh5sal68c8swet6ut0w5evjmj6vnw29x3k967h7atn45unzjyeyq6ceh9r
If you've spent enough time studying it, Bitcoin is so clearly a 10x on Gold
Which means Gold parity in terms of market cap remains a very attainable price target for Bitcoin
Today the global Gold market is almost $18 trillion, whilst19.78 mil Bitcoin have been issued
That would put a reasonable estimate, in today's dollars, at a 900k usd Bitcoin
Over 10x from here
Could it happen this bull run...?
Recently purchased a large map of the world
Been a fun exercise to distill ideas on where to live
So far it's highlighting how much I like where I am
It's amusing to see how people react when they lose
Any game frankly
But in this case an election
- "We must fight the diss-information"
- "We must censor speech more"
- "Sharing information online is the problem"
Sure, the playing field was the problem...
Good reminder: treat others as you would like to be treated
Plus: remember to approach every policy with a pinch of salt, and imagine, what would it be like if your team lost, and the other guy had the powers you claim to so badly need
A lot happens in 4 years!
Keep up the great work Will!
My 2 cents: onboarding is actually not bad, it's the speed having signed up. Posts don't load. Websites don't open. Can be painful...
(This is a general piece of feedabck, not specific to Damus)
Are you sure about that? Not even a small part of you censors who you hang out with?
Commendable if true
But in my experience you enjoy hanging out with people who see the world similar to you
Thanks for adding this nuance. Of course always different angles.
From what I've read, the punishment vastly outmatched the crime, and hence the lack of justice
As to all the other "innocent"... What a mess. Heart goes out to anyone caught in something like that
Bitcoin is akin to a "veblen good". The higher the price goes the more demand increases
Which is particularly important when you consider: no matter how much demand there is for it, you cannot create more
In short: HODL on tight friends
Proof will be in the pudding when Trump takes office
But the idea of abolishing income tax is fascinating
Enjoyed this breakdown
Median house price from the last decade for one of the most beautiful spots near me
This is an area which has a median household income of $1,748 per week
Make sense...? Or is this an obvious sign of real estate with a monetary premium increasingly baked in?
The evening when you really want to have a chilled time, and book in a call witha a friend, is of course the same evening that all your children take 3x as long to get to sleep....
😅