sat_stacker
Sat Stacker

Bitcoin, health, happiness

Public Key

npub1h64w9g2zxzj5yqu9s8s0cdr00zasns6nyq8nhg4v3wd5ayytyx8srkwaxl

NIP-57 Address

[email protected]

Profile Code

nprofile1qqsta2hz59prpf2zqwzcrc8ux3hh3wcfcdfjqrem52kghx6wjz9jrrcwftzvd

Author Public Key

npub1h64w9g2zxzj5yqu9s8s0cdr00zasns6nyq8nhg4v3wd5ayytyx8srkwaxl

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Last Notes

2024-04-15 02:26:57

Most geopolitical conflicts fall within the normal distribution of not mattering. Every now and then we get a major tail event that really changes the course of things, but most events are long term buying opportunities.
Breathe. Go outside. Stack sats.
#Bitcoin #Iran #Israel https://image.nostr.build/605ee6ba41ec9bafbd2df63ef4f215cb3bbe740cac7b638f837b65291c007419.jpg

2024-04-03 04:46:28

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Chip shortage incoming?

2024-03-29 00:24:17

T’was a great day for the industry.
#bitcoin #justice https://image.nostr.build/abcfb6e38091acf13f0ba2e32fe24acb023961797acb046c303c09e24ccb1b07.jpg

2024-03-28 17:52:14

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That’s cool, good luck!
It might be more intuitive to put the dollar value of 1 satoshi in the top section with BTC price info! 👏🏼

2024-03-28 00:25:09

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This is the only way!

2024-03-27 00:09:34

I'm trying to free your mind, Neo. But I can only show you the door. You're the one that has to walk through it. https://image.nostr.build/03ac877d3fe0f89173dfe27a7194fb7633d2cacb6c0b6233cfcfeba0b091b513.gif

2024-03-26 00:55:02

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Bottom right looks like he’s choking 😂
Top left is the strangest spot to be doing yoga 🤔

2024-03-25 18:32:00

$MSTR melting faces while #Bitcoin pumps to start off the week 🚀 https://image.nostr.build/c6c0158d4ce9eee7fce83da1bcede573a205d632be85503f094852dd1e3e8240.jpg

2024-03-24 00:53:43

Do you take privacy into account when consolidating UTXOs? https://image.nostr.build/0c5d539b43b8a17cd434f2d2e789119bceff075e3d338afc56cf1597ffb9cf5c.jpg

2024-03-22 19:00:32

21 million #bitcoin
60 million millionaires

2024-03-22 00:49:22

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Not to mention, the €3,000 figure will not be adjusted for inflation overtime.
How much will €3,000 be in 10 years? 20 years? Purchases of that size will eventually become more common, and governments will be able to automatically increase their scope of surveillance without having to introduce new laws.
#bitcoin

2024-03-19 17:42:38

Do financial advisors have a fiduciary responsibility to offer #bitcoin to their clients?
“In some cases, advisers are still not allowed to provide recommendations for these ETFs unless specifically asked about them, so they don't have a fiduciary duty to offer them. However, they may soon lose business to their competition if they aren't allowed to inform their clients about all of the options they have.”
https://www.investopedia.com/tech/do-advisors-have-fiduciary-responsibility-offer-bitcoin/

2024-03-18 22:07:22

The Cantillon Effect:
Those closer to the source of money creation benefit significantly more than those to whom it trickles down.
This is why we #bitcoin

2024-03-17 07:58:43

This is when you SMASH BUY the dip!
🤜🏼 ⚡️ 🤛🏼
#bitcoin https://image.nostr.build/ccb864f51ab769bcd78562cec4b1080913f92ce74a0e0b6ad393e5ad53729177.gif

2024-03-16 20:39:57

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💯

2024-03-16 17:41:45

Some argue that #bitcoin can’t be considered money because it’s too volatile, but most haven’t taken the time to understand what money actually is.
Money has 3 key functions:
1. Medium of exchange
2. Unit of account
3. Store of value
Volatility matters for 1 & 2 but not so much for 3.
Medium of exchange (MoE) - money acts as a universally accepted intermediary for transactions.
Unit of account (UoA) - money provides a common unit to measure the relative value of different goods.
Store of value (SoV) - money saves the purchasing power of earnings for future use.
Not all money that we use today is good at all 3. The dollar, for example, is a great unit of account and medium of exchange, but it’s a terrible store of value. Due to systematic inflation, people have to invest (gamble) their earnings to preserve their purchasing power, or watch as the value erodes away. One reason #bitcoin is a big deal is because, while it’s not currently a MoE or UoA, it’s an excellent store of value. It allows people to become savers, not gamblers.
Most monies go through stages of development, and if adopted organically, they are always accepted as a store of value before they can function as a medium of exchange. One of the biggest differences between a SoV and a MoE is their functions in the context of time, and it’s why volatility matters for one but not the other.
As a MoE it’s important that the value of money stays relatively stable day to day so you can predict future prices. As a SoV, money functions over a longer time period, so the daily price fluctuation is less important than the overall long term trend. As shown in the attached chart, the exchange rate of hard assets like gold can fluctuate violently day-to-day when denominated in failing fiat currencies, but they tend to trend up over the long term. This is what #bitcoin does with fiat currencies AND all other assets.
As #bitcoin gains global adoption, you should expect that its price will be volatile. It’s no easy feat to repair/replace the massively broken financial system that is currently used, and there’s naturally a lot of friction involved when adopting a new form of money. But if you zoom out, you can see clearly that #bitcoin is winning, thanks to its disinflationary supply and an increasing demand for assets that can’t be debased. As the dollar continues to inflate, the demand will only grow stronger.
Ultimately, it’s my opinion that everyone should own a non-zero amount of #bitcoin in their overall portfolio. It’s more risky to NOT own some, and if volatility is a major concern for you, there are two main solutions:
1. Increase your time horizon
or
2. Decrease your allocation https://image.nostr.build/0c06bcf54187eb30dfdb9f9c36ba60838d9c4164083281e77e69fbb8e27052e3.jpg

2024-03-16 17:12:20

I spend every waking hour of my day thinking about bitcoin

2024-03-16 16:15:55

Imagine thinking #bitcoin can’t get to $1M after it went from $1 to $73k… you’re right, it’s just gonna stop going up here and never go higher again 🤣
Happy Saturday!

2024-03-16 03:21:54

What was it that made #Bitcoin *click* for you?

2024-03-15 07:09:15

Let’s give this thing a try!
#introductions