We must live together as brothers or perish together as fools #Bitcoin
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npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 Profile Code
nprofile1qqs2ukxpl0shcey6n30jkjr659fqqwuah3puj8rcgpnked3y5zulhkcwnh0wa
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npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 Show more details
Published at
2024-04-06 04:01:46 Event JSON
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Last Notes npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I appreciate it đ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms People get hyper transparent and semi traceable data from #Bitcoin transactions and FREAK OUT when itâs bad news. I simply marvel at the awesome innovation that allows this while also being the best SOV humanity has witnessed for the past decade and a half. Self custody + #BTC= holding the keys to your own digital treasure chest. Governmentâs selling #Bitcoin for fiat, while idiotic, is one of the most selfless things they can do, discounted sats for all! Sadly I donât think governments are intentionally doing this, and will likely do the exact opposite when they realize the inevitable. https://m.primal.net/IzLJ.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin reigns supreme, the value behind it is unimaginable, and the future will reflect such. The key to transcending the limitations of time lie in self custody. The potential this unlocks is boundless. You can thrive and endure on a #BTC standard or fade into obscurity with fiat. This isnât just a digital asset. Itâs destined to be a cornerstone of global finance. https://m.primal.net/Ivid.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Irrationality looks like a lot of volatility and broken models to me npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The ripple effects from MicroStrategyâs dive into #Bitcoin could be turning into monumental waves. Each wave is a different company, could Dell be the first one to hit shore? Could it be dwarfed by successor waves? Thereâs no titan like Saylor, but Saylor isnât the biggest titan. He was the first, and you know what comes after the first? ALL of the others. This was never going to be another retail cycle, itâs the first institutional cycle, Iâm expecting a lot of irrationality in the markets as the titans get their bearings. Right as the silt settled the institutions came to romp, stomp, and murk up the waters again. If I were picking stocks the most important thing about any company would be DO THEY HOLD #BTC? While this is a rare qualification to have nowadays, I believe moving forward it will become a more important part of mainstream investing. You can see it with stock prices jumping on authentic or false claims of companies adopting some sort of #Bitcoin standard, I believe the amount of people responsible for such jumps will increase astronomically. Maybe to a point where not operating on a #BTC standard is another nail in the coffin for companies who arenât providing adequate shareholder value. https://m.primal.net/IuYW.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin isnât just an intelligence test for individuals, itâs also an intelligence test for governments. Any government that sells: dumb, and any that holds: smart. Even if they think turbulent times are ahead: selling #BTC is a pea brain activity. Who cares when other people do it, I appreciate the cheap sats, itâs just painful to watch. When the music stops, some people or governments might try to make sure they arenât sitting on any #Bitcoin. Iâm quite the opposite, when turbulent times are ahead I want to be sitting on and accumulating as much #BTC as possible. The start of 2025 is approaching, debt ceiling pressure can be suspended/ignored, but the consequences remain. The U.S.âs loss of economic prowess is not to be swept under the rug. Fiat is a system built on trust and obedience; what happens when we lose these things? #Bitcoin is the fortress I refuse to abandon, because I would much rather fortify my position further. I know the turbulent times will pass, and I know my fortress will stand strong. No more bandaids on deep wounds. We have let our problems fester into crises for long enough. Itâs time to let this house of cards fall and build something new, something hardy. People underestimate #BTCâs use as a precious resource. Itâs solid ground in a world of quicksand. https://m.primal.net/ItOe.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Money weaves through our interactions and binds us through trust and mutual expectations. When money breaks it can ripple through our relationships manifesting as tension and mistrust. Itâs not just numbers in an account. Itâs promises we make and keep; the support weâve given; and the respect we show. Donât be mistaken, corrupted money can corrupt the strongest of bonds. Every interaction is an exchange of some sort and the means for that exchange is what I understand to be money. Everything CAN BE money, but not everything is GOOD MONEY, and there happens to be no second best money. #Bitcoin https://m.primal.net/IsGi.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Step 1. Get hardware wallet or reputable custodial service depending on your preferences. Step 2. Buy #Bitcoin Step 3. Ensure you have a solid accounting system or consult with an accountant regarding taxes and financial reporting Step 4. Stay informed in regards to #BTC regulatory environment and comply unless you are willing to make a stand and possibly face the consequences. Hope this helps, I donât have a business to do this, but I do work for myself at all of my jobs and run on as much of a bitcoin standard as possible. If I end up with a small business I would take the balance sheet and convert as much as I could to btc. What was left would just be for running what parts of the business are on/need fiat rails for convenience purposes, accounting would be a lot easier if you only bought as much btc as you didnât plan on spending soon and leaving what needed to be spent in cashâŠsometimes easier said than done. npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Agreed npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms More companies are coming out with similar strategies to $MSTR when it comes to turning balance sheets into #Bitcoin treasuries, but none at the sheer scale that MicroStrategy has accomplished. How long will this remain the case? If there were ways to self custody exposure to $MSTR I probably wouldnât be 100% #BTC. No one issues bearer shares anymore, but I think itâd be cool if they were brought back. I refuse to believe bearer shares were âdiscontinuedâ due to money laundering and tax evasion. I think itâs more likely the difficulty to trace and debase was the cause to cease. Financial sovereignty is the antithesis of digital surveillance. #Bitcoin makes things possible that havenât always been impossible, things that were made impossible by the infringement of our God-given rights. Crisis is no excuse for this infringement, shutting people and their companies down for critical thinking or questioning the incentives behind crisis farming is still an infringement. Operation Paperclip ought to have be dubbed Operation Fascist Seed. Its blooms wonât stop their quest for overreach. âThe natural progress of things is for liberty to yield and government to gain groundâ -Thomas âżefferson https://m.primal.net/IpmA.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Okay okay, fiat price has been crabbing for 5 months, still bullish, but not as bullish as bitcoin dominance đĄ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Fiat price might seem bleak, but #Bitcoin Dominance looks to be in a very bullish trend. Iâm so bullish on #BTC.D that in my lifetime I think it will make sense to start using it to reference against all assets rather than strictly digital ones. I think this would be the first step in getting people to price the world in #Bitcoin. First we have to get the people to price #BTC in/against the world. https://m.primal.net/IofH.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms All of this volatility without going anywhere has got me very bullish on the moment #Bitcoin bounces back to and then through all time highs. Itâs amazing to watch #BTCâs resilience in real time. It almost seems to defy reality. Miners seem to be selling more, this could indicate an opportunity for cheaper sats before things really kick off, but I donât recommend timing the market, stick to your DCA, maybe stack harder when #Bitcoin is below your average cost. Yâall can sell all you want, Iâm solvent, convicted and stacking more no matter the situation. Iâve never complained about cheaper sats. https://m.primal.net/Ineq.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoinâs integrity is unmatched. Its resilience is unparalleled. It doesnât follow any man, instead it follows mathematical principles. I bank on certainty in an uncertain world; I bank on #Bitcoin. #Bitcoin has been the reigning champion in the digital asset world since its creation. Itâs more likely that it will become the #1 largest asset in the world than be dethroned by a different digital asset. What replaces email? What replaces the internet? In the digital age #BTC is king. https://m.primal.net/ImQV.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Why is it that when people conflate #Bitcoin with premine scams I get enraged? Why does saying they have different purposes make me cringe? âBut look at all the applications being built on inferior blockchains!!â Am I the only one who doesnât think a scams ability to generate more scams is a valid legitimacy test? https://m.primal.net/IjtA.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The U.S.â monetary policy has been tightened substantially in the past few years, #Bitcoin has proven its NGU technology still works in high interest rate environments. If itâs on a harder policy than the dollar already, what happens when the Fed starts to cut? Are you prepared for more chop? Itâs my favorite. https://m.primal.net/IgMl.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Nothing gives more confidence and conviction than looking forward on a #Bitcoin standard. https://m.primal.net/Idvg.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Accidentally zapped my own postđ«š Just wanted to let yall know Iâm not like that đ Fat finger moments npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Iâm 80 IQ I donât like NFTs, I think they are over hyped, and thatâs just the way it is. After #Bitcoin being the highest sales volume across the board for NFTs in May itâs seeming thereâs no second best NFT. I donât know if Iâll ever have enough BTC to fork out for a digital image, but good on those that do. They werenât lucky. https://m.primal.net/Iclh.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin incentivizes me to produce value by any means possible. It incentivizes me to continue to produce higher quality by perfecting my skill. It incentivizes me to be picky and patient instead of drowning myself in consumerism. If I wrote a love letter it would be to Satoshi. He gave me a reason to go or a reason to stay depending on how you look at it. Itâs easy to lose hope nowadays, but I can see it through #BTC. Price is fun to watch but itâs not important as long as my portion of the total supply cannot be diluted. You canât steal my hard earned money by printing more #Bitcoin because one cannot simply print more #Bitcoin. I donât need everyone and their mom buying #Bitcoin to keep buying. An 80% drop doesnât make me want to sell it makes me want to buy more. Theyâll call me lucky, but they ought to call me insane. https://m.primal.net/Ibak.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Just found out about invalid rune mints, imagine spending 1.365 #Bitcoin on an invalid transaction. Just because itâs on #BTC doesnât mean it isnât a waste. Any expedited process stands to compromise the long term quality and sustainability of the outcome. This goes for the individual as well as #Bitcoin. No need to rush, move with precision. https://m.primal.net/IaJH.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The #Bitcoin crab market is my favorite market. Makes everyone shake in their boots. I donât care because I know Iâm protected against debasement. https://m.primal.net/IZFr.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Very well put sir! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I donât have exposure to meme coins because, believe it or not, their success depends on #Bitcoinâs success. Iâm a firm believer that if #BTC âfailsâ, literally everything else that âcompetesâ will be beyond doomed. They lack the foundational substance for me to consider storing value in them. If you donât see the value in a hard capped supply or network effects then youâre missing the whole picture. #Bitcoinâs network effect > all else. Everything has a centralized authority when compared to #Bitcoinâs decentralization. I simply choose quality. Institutional interest isnât the end all be all for legitimizing where itâs okay to put your value. I think it can signify a markets ripeness to be manipulated and turned into a profit. When Solana ETF? Not like it would change my thesis. ETF or not nothing compares to what can be built on #Bitcoin. https://m.primal.net/IXvg.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms How low can exchange balances go? How much longer will we be blessed with this #Bitcoin crab action? I fear the next leg up is closer than expected. Iâm not changing my accumulation strategy. Unfazed by FUD or FOMO. https://m.primal.net/IWiA.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Great point npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Exchange #Bitcoin balances hitting 5yr lows?!? Not your keys? Not your coins. Supply shock will exert upward pressure, faces will melt, and exchanges will get caught double dipping. Donât let it be with your hard stacked sats!!! https://m.primal.net/IVaT.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Then you win? Fiat doesnât put up much of a fight when it canât fight by printing money huh? Did Trump push the first domino or did RFK? It wonât be long before every candidate is tumbling over themselves to publicly endorse #Bitcoin. Not only are supporters getting louder, critics have gone eerily silent. Everyone said #BTC isnât real, but with the emergence and persistent innovation behind AI, it might not be long until #Bitcoin is the only thing in the digital realm that will be impossible to fake. Damn the man, praise the individual. Stop rallying behind false prophets and start rallying behind yourself. https://m.primal.net/ITOr.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The narrative behind #Bitcoin is one of the most intricate fables. Itâs an underdog story that strives to empower individual financial sovereignty. Itâs a story whose ending has yet to be written; whose fate lies in the palm of our hands. The threats are out there, threats will always exist, itâs up to us to take responsibility and be aware. When it comes to the myriad of possibilities; I feel safest banking on #BTC. https://m.primal.net/IQsJ.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Buying #Bitcoin is like buying acreage in the modern El Dorado. I like to keep my friends close and my risks closer, third party risk is my least favorite type of risk. This epoch will begin to rewrite the very foundations of finance. #BTC is a testament to human ingenuity, for every problem there is a solution, we just got to find it; if it canât be found we got to make it. #Bitcoin is the first successfully engineered money, it is still the best engineered money. #BTC is still the first of its kind and we are still treading through uncharted waters. You gotta take it one breakthrough at a time. https://m.primal.net/IPXs.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Patience, discipline, and financial prudence are key traits to successfully making it the distance with your #Bitcoin. Withstanding the test of time with your stack requires more than just luck. Donât forget this. Luck didnât keep me from selling at $15.5k, but knowledge and logic did help me buy at a point where it felt like there was no light at the end of the tunnel. As #BTC matures I think its growth will become steadier, and I think this cycle will be indicative of how much #Bitcoin has matured. We mustnât forget that #Bitcoin is a low time preference asset. Imo this means it doesnât age/mature as fast as a short time preference asset. Itâs an immortal jellyfish vs. fruit flies. https://m.primal.net/IPIc.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I donât think I can out trade hedge funds. Most of my experience in trading has shown me that I donât know how to trade. I think I can out HODL them. HODLing #Bitcoin is simple, but it isnât easy. Iâm not spending millions a year on cutting edge information or algorithms that would give me an advantage in the short term as long as I kept doing it. Much like #BTC, patience and discipline are severely undervalued. I was never looking for a quick fortune, rather a slow and steady accumulation of wealth. https://m.primal.net/INxZ.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The stars are aligning for #Bitcoin. I wonât stop stacking the digital gold. I know it wonât be up and to the right all day everyday, but I am ready to weather the storm. https://m.primal.net/INPG.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms This is why we maxi! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Quality Investing on a #Bitcoin Standard I donât invest in #BTC I save my money in the best money. I price opportunities in #BitcoinâŠand one day it might look like a smart idea to invest my sats, but I have yet to see that day. I havenât seen what would be considered responsible and sustainable business practices when priced in #BTC. Iâm not sure how Iâd self custody my share of whatever I was investing my #Bitcoin in, why would I invest self custodial #BTC in something that had third party risk? It might seem like a good investment on paper, but itâs only paper. I donât see much difference between this trade off and âsend me 1 #Bitcoin, and Iâll send you 2!â The uncertainty of these ventures goes beyond just third party risk. DO YOU KNOW HOW MANY OF THESE COMPANIES ARE AUDITED EVERY 10 MINUTES?!?? 0!!! Sounds like a flight risk to me, I think you can get away with a lot of unethical behavior when you arenât audited every 10 minutes. My stance is as firm as the ancient oaks, rooted deeply in the soil of financial sovereignty. Iâll just keep saving my money in the best money until something seems worth my while. IF something seems worth my while. https://m.primal.net/IMKB.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms How ironic I just made a post conflating things like this with the premine ETFs npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The tapestry of history is rich with instances where governance turns what were once illicit and dishonest deeds into orchards of tax income and regulatory gains. Lotteries, gambling, marijuana, alcohol, tobacco, in some countries prostitution, and now đ„đ„đ„ PREMINE ETFs!!! This changes nothing in my eyes; colors have been revealed. #Bitcoin only. https://m.primal.net/ILCw.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I need that couch đȘ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms How long until the Fedâs monetary policies are influenced by #Bitcoinâs monetary policy? Or is it already? Are we in control? Were we ever before #BTC? I canât help but ponder the supply and demand imbalances we will face, not only in this cycle, but for many cycles to come. The unexpected is the norm when dealing with something for the first time. The human race has never seen a treasure as pure as #Bitcoin. https://m.primal.net/IKUw.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin isnât just about the price, itâs about the evolution of a technology that, against all odds, continues to redefine the very fabric of our financial system. It came from nothing, and comically, itâs more likely it will become everything than return to nothing. The question isnât if, itâs: when will they notice? https://m.primal.net/IJmj.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The bittersweet feeling of success!!! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Iâm glad you like it! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin transaction fees have been falling faster than anticipated, miners are being forced to adapt at an accelerated pace to maintain profitability in the long run. Transaction volume falling is nothing to fear. I prefer to think of it as a testament to Bitcoinerâs diamond hands. Who knows, maybe the elevated transaction volumes was all spam in the first place and we have returned to what can be considered the norm. No matter the case, Iâm curious to see if the miners will weather the storm. https://m.primal.net/IIHH.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I havenât seen any direct evidence, but I have heard conspiracies about possibly government owned ufos that donât seem to have any exhaust holes, which could point to a different energy source than we are familiar with. Would be huge if true. I do agree that said new energy source could seriously boost human productivity, but I donât think it would be a silver bullet for debt. I believe our debt stems from human natureâs darker side of fear and corruption. Technology has already increased human productivity exponentially, sadly debt seems to have a positive correlation with productivity. Things still get more expensive as we get more productive because itâs almost used as an excuse to steal more from the people. npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Iâm not sure the exact status of either, I do believe Braiins Pool uses stratum V2 already. Your thinking seems sound to me. npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I think it is a valid concern, but Iâm bullish on things like BetterHash and Stratum v2 helping fix mining pool centralization. I also think thereâs more incentive to protect the network than attack it even if youâre AntPool. npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Whales are some of the smartest money, but donât follow the whales too closely. #Bitcoinâs dynamics are shifting, and I think it will be in the little guyâs favor. The more big players we get the less an individual big playerâs take will matter versus overall sentiment. #Bitcoin was always meant to be in the hands of the many, there will be no special group that makes all of the decisions. The only constant is 21,000,000. We will see #Bitcoin change in a mainstream metamorphosis of sorts. Adapting will be crucial. https://m.primal.net/IHqd.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms FTX repaying its customers so soon gives me a weird feeling and leaves me scratching my head. At the time it seemed like the start of something way worse that would have rekt all exchanges and cleansed #Bitcoin of LARPs and scammers by disrupting NGU like never before, however it was the bottom, the point everyone capitulated voluntarily or worse. Iâm glad non governmental creditors are getting reimbursed what they have lost, but Iâm pretty sure itâs only the dollar value at bankruptcy +18% if it was less than $50k at the time. They are in a pickle because they underestimated third party risk. I custody my own corn because I donât like having anyone to blame but myself, keeps me honest. When you follow a global asset thereâs never a dull moment! https://m.primal.net/IHai.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Great question! Personally I donât know the answer, but it does make me think of another question: Is the S19 the new S9 or is the S9 still the S9? npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The #Bitcoin miners are beginning to capitulate; the effects of new supply getting cut in half are starting to be realized. Less efficient #BTC miners are exiting stage left. I believe energy-efficient and waste heat miners will be a more and more dominant portion of hashrate. My fears of a centralized authority controlling too much hashrate is soothed by the knowledge that mining #Bitcoin will only get less profitable in terms of #BTC and that miners who are not primarily focused on #Bitcoin mining profitability, rather mitigating wasted energy or generating heat, will be more so equipped to go the distance than miners who are primarily focused on playing fiat games. #Bitcoin is currently the freest market, its adapt or die, always has been always will be. https://m.primal.net/IHHZ.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Calling #Bitcoin âdigital goldâ is like calling a car âmechanical horseâ. While arguably true it does undermine the greatness of the invention. A horse canât compete with a car or tractor much like gold wonât be able to compete with #BTC in the long run, nothing will. #Bitcoin has been one of the most resilient assets since creation, I believe itâs steadfast nature will become more so appealing as clown world progresses. #Bitcoin never was a speculative asset, itâs only been a beacon of hope. https://m.primal.net/IGnD.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms đđ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Based AF đ Keep up the good work in advocating for worker solidarity and financial empowerment through #Bitcoin! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin wonât dethrone fiat imo. Thereâs a very small percentage of the world that will research and think about the monetary policy they operate under enough to stumble across the thought, âIs this really the best way?â Thereâs an even smaller amount of the world that would not answer YES after thoroughly researching and transitioning to a #BTC standard. Fiat will dethrone itself with it unpredictable, degenerative ways that will continue to worsen. #Bitcoin however will ALWAYS be an alternative. A predictable and innovative alternative that will continue to get better. The choice is already obvious to those educated on the matter, and the uneducated will eventually be left with no other choice than #Bitcoin or slavery. This isnât #Bitcoinâs fault; itâs the result of a broken system, corrupted money, and human nature. Everyone wants a free lunch, but thereâs no such thing. Someone will always have to pay the price. In our case it is the youth, the children, even the unborn. Anyone who doesnât benefit from fiscal stimulus but is tied to the debt, the resulting compounding rise in cost of living, or the potentially accelerated decline of quality of life and life expectancy. https://m.primal.net/IFoq.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Retirement to me will be traveling to all the #Bitcoin and #Nostr meetups to chill with homies in the signal chambers⊠What do I bring to the table? The 80âest of IQâs and comical relief. (I am not cool enough to do it on a motorcycle, but anyone who does is based asf) #note1nl4âŠaqj4 npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms One by one, #Bitcoin is beginning to shake up and redefine every market. It started in the digital realm but its expansion to the physical world is only beginning. We are slowly approaching the suddenly phase. Never follow blindly, donât be afraid to verify. I stand for #Bitcoin because I believe the opposite of instability is predictability. https://m.primal.net/IFDk.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Evil Tom laugh đ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Donât ever play tug of war with #Bitcoin, you will lose. The most powerful governments donât stand a chance and itâs only just being realized. https://m.primal.net/IEnl.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I donât want exposure to #Bitcoin, I want direct ownership. I donât want third party risks, I want to take responsibility and hold my own keys. I donât want #BTC for 40 hours a week minus bank holidays, I want it 24/7. Oh and it just so happens the 40 hrs are the same Iâm supposed to be working an average job in the fiat mines. How convenient! I donât want #Bitcoin with âmanagementâ fees, I want to âmanageâ my own stackâŠitâs free to hold my own keys, FREE!!! đ€Ą I donât want to get less for my collateral due to third party risk, I want to maximize the amount of money I could throw at an opportunity when it comes a-knocking, and any opportunity will be priced in #Bitcoin. I donât want to work for fiat, I want to work for #BTC. If all of your exposure is through ETFsâŠhow will you do this? You wonât be able to unless they are turned to in-kind. I donât speculate, I hold #Bitcoin. I have a low time preference, but zero tolerance for could be would beâs. I know exactly what to expect from #Bitcoin except for the fiat price, so Iâll go ahead and let yâall know that #BTC will never fail you, but your expectations might. https://m.primal.net/IETc.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms HELP! I need podcast suggestions incase Iâm completely missing out on something, you never know. Pls tell me your favorite/most slept on podcast so I can make sure Iâm listening. Hopefully nostr/bitcoin related, but Iâm not picky when it comes to learning something new. npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Do you feel that? The tides are turning bullish. The worse the broader economic climate is; the more appealing #Bitcoin becomes. In times of uncertainty: predictability is priceless. Not predictability for the next <1 year or until the next FOMC meet. Predictability for the rest of eternity. The average person wonât understand this because the average person is a high time preference, short attention spanned consumer whose goals align with what they consume. A banana vs digital, exponential gold dilemma for an advanced monkey (us). I donât want a new all time high soon, but high $50k - low $60k sats somehow felt cheap and ATH does seem like max pain. Sidelinors beware! https://m.primal.net/IDjq.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin reigns supreme as the OG meme coin. There is no second best meme coin. When we laugh we laugh together. https://m.primal.net/IDOo.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Wasnât hard to see coming⊠itâs exactly what I was expecting. Over time #Bitcoin has become easier to hold, I donât think this trend will continue linearly. Many shakeouts to come! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin ETFs? More like lettuce hands. They didnât come close to changing #BTC, at least not yet. Itâs seeming that they are increasing volatility to a degree that disproves diminishing returnsâŠletâs see if this will keep up. đ€ https://m.primal.net/ICcx.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms In todayâs news apparently Saylor is trying to put decentralized identities on #Bitcoinâs base layer using inscriptions. Idk why⊠This is why we #Nostr https://m.primal.net/ICIy.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin is becoming a greater share of the global economy. I donât think itâs foolish to assume it could become all encompassing. It represents a cataclysmic shift in the way we view money on all levels from individual to institutional to international. Itâs a revolution that everyone is a part of whether they like it or lump it. Fix the money, fix global trade. Itâs either CBDC Slavery or #BTC Freedom for you and me. Bitcoin is neutral towards the environment like it is towards its users and this is good. https://m.primal.net/IBXf.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin is the original decentralized digital asset. It has inspired tens of thousands of wannabe scams that have risen and fallen in #BTCâs wake. #Bitcoin stands out because it is the most secure and longest running digital asset. 21,000,000, PoW consensus, and the ability to hold/verify my own reserves are the main reasons for holding my wealth in #BTC. NGU is just a side effect of #Bitcoinâs anti-debasement properties. No money comes without compromise. After doing my own research it seems #BTC is the best compromise and when it comes to pricing things in #Bitcoin, itâs best just to hodl. Slow and steady will win the race, #BTC has been the best performing asset on various different time frames and its pace hasnât wavered. The king is still on his come up, he wonât be dethroned any time soon, possibly ever. https://m.primal.net/IBFO.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I suspect this cycle we will see #Bitcoin supply and demand imbalances like weâve never seen before. Adoption rates like weâve never seen before. Enslavement like regulation attempts by bad actors with power. Mind blowing advancements in mining. And Iâm just excited to watch. https://m.primal.net/IAlm.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms đ𧥠npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Canât zap u đ„ (I might be regardedđ€) npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms đđ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms đ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Thanks! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Iâve got an idea đĄ What if we put unregistered securities on the base layer đ This way #Bitcoin can finally compete with all the other unregistered securities đ§ Not like there will be any legal implications đ€ I call it Beta #BTC đ„đ https://m.primal.net/HzLC.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms It workedđ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms It worked đ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms It workedđ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin is still cheap and tomorrow is a big day for me to potentially earn more fiat to stack more #BTC. Wish me luck! đ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Itâs a big one for sure 16â blade and all. Hard to pick up, but harder to put down because itâs so fun đ€Ł npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Worried that the #Bitcoin halving might just not happen? Donât worry, Iâll make sure itâs a clean cut đ (Yes I was listening to #Bitcoin podcasts and yes I need to buzz my head again) https://m.primal.net/Hwzt.jpg npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Did it work? npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms NOOOO npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Canât zap đ€ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Canât zap đ€ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Idk if they are going through, itâs saying unable to complete operation npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Idk what changed but itâs working now Iâm pretty sure đ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Of course Iâll keep trying! đ«Ą npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms APPRECIATED! For some reason I canât zap you on primal or damus, idk why, but you always post the best signal and it makes me sad I canât zap.đ„Č npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Is that mine? Rookie numbas. Iâll have to zap harder npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I wish it was easier to find out how many sats youâve zapped on nostr. Idk if Iâm doing good or bad, but this is a preemptive public zap shame or praise event. (Disclaimer: Iâm a regarded nostr noob whose allocation to #Bitcoin is higher than his IQ) đ𧥠npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Only if I get drafted, and if I have a choice in where I go. I would never do it voluntarily, only because I donât want to take lives or give mine so stubborn, senile old men can make even more money. However, I respect people who do volunteer their lives for this country because their motives are pure patriotism. Itâs a shame our government has to constantly betray them by being so corrupt! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms On the brink of what could escalate to a World War, strategies to make it the distance with my #Bitcoin have never been more important. My plan? Join space force, write a book about #BTC, thenâŠprofit? No matter what happens, if I become more risk adverse it will result in me stacking more #Bitcoin. If we all keep stacking, eventually, no money printer in the world will be able to fund a war. https://m.primal.net/HvMR.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I donât know if the recent discount on #Bitcoin was caused by escalating tensions between Iran and Israel, but I do know it wiped out a lot of the leverage. I believe #BTC dominance will benefit from this sell off. https://m.primal.net/HuqO.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Is the #Bitcoin market currently in a state of euphoria or is no one bullish enough? We are experiencing an influx of capital that rivals 2021 easily. IMO thinking we have already reached a state of euphoria is cope for those who are under exposed to #BTC. Those LARPs who think this cycle will be smaller than the last are in for a shock. âNo WaY InStItUtIoNs PuMp It HaRdEr ThAn ReTaIlâ Not to mention 0 FUD. I think things are just warming up and the real euphoria is yet to come. I associate euphoria with FOMO and I think FOMO levels are relatively low because the below $100k ship hasnât sailed yet. https://m.primal.net/HtBA.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms The #Bitcoin halving is usually associated with a surge in price as it slowly creeps towards absolute scarcity. For some reason it seems group thinkers are convinced this time will be less dramatic than 2020. They think a 5x is impossible. They think long term holders will lead to reduced volatility⊠They are in for just as big of a shock as supply. đ Long term holders donât care about helping volatility. Long term holders, well at least the smart ones, wonât sell just because #Bitcoin is overvalued in the current cycle. As itâs still severely undervalued when you look at future cycles. I think long term holders will be indifferent to fiat price volatility because they realize 1 #BTC = 1 #BTC. Iâm still expecting something more dramatic than 2020. Something so dramatic we invalidate the presumption of Diminishing returns and all other models. I would not be surprised if S2F seems to get re-validated, PlanBâs background was more associated with institutional investors than emotion filled retail investors. Emotions are hard to quantify; I assume the institutions are bringing NONE. They wonât get shaken out, and they wonât stop. In fact they will start to increase their recommended allocations⊠I havenât seen any evidence that this cycle is going to be smaller than the last. Why is everyone acting like this time will be the same WHEN ITS ALREADY DIFFERENT (ATH before halving) âMeh, meh, meh, priced inâ đ€Ą SHUT YOUR FACE. Normies have barely started asking about it unless I bring it up. â$70k?!đ§đ°â ETFs havenât even started pushing/soliciting yet. What we have seen is interested clients gaining exposure. We havenât seen all the sheeple who will invest in #Bitcoin because daddy Fink says so. Sheeple might be sheep, but their pockets are deep. You will find me anywhere but the sidelines. https://m.primal.net/HsQf.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Agreed đ npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms Donât let me forget!! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms I agree with your logic! npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms #Bitcoin ETFs havenât even been out for a whole year, the party is just getting started. The success of these ETFs will catalyze more demand for the apex asset. I suspect the recommended allocation will increase with their success too. People will start to catch on, and the amount of maxis will boom. Monetary premiums of other assets will be eaten. Flipping gold this cycle is a possibility, and would be a huge milestone/shift in global finance. https://m.primal.net/HsAR.png npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7 sms May the dip be with you đ«Ą