alexthorn
Alex Thorn

it’s intellectually dishonest to argue that #bitcoin isn’t a store of value because its exchange rate went down during a risk off move
gold has fundamental properties that make it an effective SoV and monetary good, but the fact that it (often, not always) trades that way is bc of human adoption, psychology, and trading behavior, not magic
sovereigns, central banks, corporates, and institutions hold gold and trade it that way (sometimes… gold was down yesterday lol). its longevity gives it stability. knowledge, understanding, and adoption of gold is widespread.
bitcoin’s properties — scarce, non-sovereign, fixed supply, permissionless, etc. — make it *fundamentally* similar to gold (better bc it’s digital), but it doesn’t yet trade like a SoV because it isn’t widely held for this purpose (yet)
the bitcoin bet is that it *may become* widely held for this purpose. that possible future is what gives bitcoin upside potential that gold doesn’t have. think of it like an early-stage bet on the future of gold, in this thesis. what if you could be *early* to the future of gold? that’s the trade (or one of them, at least)

2024-07-20 23:35:05

who is getting hyped for nashville this week
https://m.primal.net/JYFR.jpg

2024-07-03 16:02:54

humanity shouldn’t be doomed to oscillate between one fiat currency and another every time there’s a world war
https://m.primal.net/JGmN.mov

2024-04-08 02:27:59

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i still cannot figure out how to enjoy beef liver

2024-04-05 23:42:42

who is coming to bedford next week for cheat code

2024-03-31 19:27:22

“i saw satoshi the other day driving down the highway. license plate: satoshi.” - hester peirce
i wonder who she was talking about 😳 https://video.nostr.build/9aeac3738d37536a1372e73c51d141cab6d130609d7f64cc8e91b760841ccf41.mp4

2024-01-09 00:06:14

it’s about to get funky

2023-07-10 03:55:04

who is gonna be in nashville at bitcoin park this week? 🙋🏻‍♂️

2023-07-09 18:29:53

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bro you have 5 daughters wtf 🤯

2023-07-09 18:28:36

good morning nostr

2023-07-01 21:05:41

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mine arrives this week! 🙏🏼

2023-07-01 21:04:48

damn twitter really is over now huh

2023-03-19 20:49:26

every time they bail out another bank btc pumps lol

2023-02-21 13:49:22

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my kids are pretty young, but there’s nothing more rewarding in the world to me than playing outside with my 3yo. kid will look at me and go “dad, let’s run!”

2023-02-21 13:48:25

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gm nvk 🤝

2023-02-21 13:45:19

gm nostr, let’s get that bread

2023-02-21 13:40:16

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it’s one of the greatest. that and the one where #[7] marty and matt eat steak in new york

2023-02-14 13:34:01

just landed in nyc. it’s still the best city in the US, probably the world. big week this week here — see y’all at pubkey thursday night

2023-02-14 13:32:46

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gm to you sir

2023-02-08 15:43:31

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gm matt

2023-02-05 00:27:27

where my nostr plebs at

2022-12-26 16:38:20

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paid 😘

2022-12-25 13:57:06

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merry christmas jesse!

2022-12-24 14:39:10

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i’ll be stacking sats til my body turns to ash, gm matt

2022-12-24 01:04:32

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sup neil, fomo21 nostr shirts inbound?

2022-12-22 05:57:13

is this thing on

2022-12-21 17:55:46

2022-12-20 15:38:28

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lol this was a scam on many levels, but not the least of which they did a secret premine of about 30% of supply. classic premine too—as in, undisclosed blocks prior to their “launch” date