3cap
Joe Burnett

Two days ago, I published Your wealth is melting after ~7 months.
If #bitcoin is the best form of money, you need to be using it as money. Traditional assets that you hold today are insufficient for long term savings, and bitcoin makes this clear.
https://unchained.com/go/your-wealth-is-melting?utm_source=twitter&utm_campaign=joeb-your-wealth-is-melting-4-17-2024(3

2024-04-13 00:44:18

Get your coins off exchanges.

2024-03-18 02:41:34

Even if #bitcoin adoption completely stopped and only its existing users continued using it as savings technology, it would still outperform most asset classes over the next 10 years.
However, adoption is going to accelerate.

2024-03-15 22:43:33

For those not on X, you may like my recent video on #bitcoin and MSTR.
https://youtu.be/BGmo58IMxvM?si=3SYmi79bbfiEG6LV

2024-03-15 22:36:07

Holding #bitcoin for decades is simple, but not easy.
You will be rewarded if you succeed.

2024-03-14 20:08:39

The most overcrowded trade ever is holding large cap passive index funds.
The most undercrowded trade ever—with massive upside—is cold storage #bitcoin .
BTC is going to eat SPY and QQQ.

2024-03-13 20:29:00

Seems like I should come back here thanks to congress.

2024-03-01 18:25:46

The concept of the Bank of America #bitcoin multiplier—the idea that you can put $1 into bitcoin, and it increases the total value by ~$118 is vastly underappreciated.
Bitcoin is the most positive sum monetary system humanity has ever discovered.

2024-02-12 21:59:33

When an exponential function is plotted on a logarithmic scale and it still curves upward, this indicates double-exponential growth, meaning the rate of growth is accelerating exponentially.
#Bitcoin

2024-02-01 21:56:33

Even if you think you're smart enough to outperform cold storage #bitcoin, you probably can't.
Stay humble and stack sats.

2024-01-15 00:32:32

Bitcoin is set to continue outperforming all major asset classes, sustained by the ongoing saving habits of its minuscule existing user base alone.
This purchasing power growth will ultimately attract new savers, further amplifying its returns.
We’ve seen nothing yet.

2024-01-03 02:18:58

Financial "assets" are massively mispriced compared to #bitcoin and Saylor understands this.
Humanity has become absurdly productive and efficient over the last 200+ years. We learned to fly, then soon landed on the moon. We invented the telegraph, then soon created the internet.
With all of this innovation, we haven’t been able to properly save. Any “asset” that we hold today can be debased through additional production or devalued by free market competition. Because we couldn’t save in an immutably scarce asset, we resorted to hoarding real estate up to unlivable prices, endlessly buying tech equities despite monstrous valuations, and we even bought up negative yielding bonds. We unlocked immense wealth from unimaginable technology advancements, but we had no idea where to put this wealth.
Thankfully now we can save bitcoin, the one best monetary tool that nobody can print more of. Immutable absolute scarcity. If you want the ultimate passive investment, a global human productivity index fund-like return, or a “diversified” portfolio of everything, you now can just relax and buy #bitcoin—a money where the yield is an eternal decrease in prices due to free market competition and advancing technology.
Your wealth is melting—buy #bitcoin.

2023-12-31 21:54:31

2024 is almost here, and now I have a personal account on YouTube—exclusively talking #bitcoin .
Subscribe if you want me to make more videos in the new year.
https://www.youtube.com/channel/UCq6AqCnxP5_fKIcTDK9MD4Q

2023-12-24 15:37:53

Bitcoin’s yield is the free market competing to lower prices for you for the rest of eternity.

2023-12-24 15:36:52

Your wealth is melting—buy #bitcoin

2023-11-22 04:03:29

Bitcoin. https://image.nostr.build/b1c7b60d95d1b29b1d24357a69b1ac0f28ec4e8102b8d2a2f0328e109648aca3.jpg

2023-11-18 20:30:39

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I have the exact same mindset. I accept that all other assets I hold will likely underperform bitcoin on a long enough time horizon.

2023-11-02 02:44:24

Bitcoin is more physical and more real than the dollar.

2023-10-12 00:49:20

X is down.
What’s up guys.

2023-10-10 21:57:32

Bitcoin.
It just goes up.

2023-10-10 17:36:37

Thrilled to launch The Bitcoin Frontier Podcast!
In Episode 01, @npub13l3…8xc2 and I discussed the global #bitcoin fever as it appears to approach a pivotal moment.
Go listen to the first episode and subscribe!
https://www.youtube.com/watch?v=lnSGR_hq8aU https://image.nostr.build/c94abcc47d7f44000935429326d51e8d40a0adaa1775bcfa3e96d2dd5ba5eda0.jpg

2023-07-01 21:53:31

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Easy on Damus app.

2023-07-01 21:26:41

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Probably ha

2023-07-01 21:25:36

The USD accounting system is failing. Units started to get rapidly debased after March 2020.
The BTC accounting system is gaining traction. It appears impossible to debase these units.

2023-07-01 21:18:06

Now that Twitter is dead, what’s up everyone.

2023-04-19 04:58:57

Old generation savings technology: hold a diversified auto-rebalancing portfolio of every regulated financial asset in the world.
New generation savings technology: buy and hold #Bitcoin .
Don’t over complicate.

2023-04-19 04:42:19

If your car is 2020 or newer, you’re short #Bitcoin .

2023-04-13 01:29:07

2023-04-02 20:19:14

“The only thing you can do with #Bitcoin is sell it to someone else.”
>> Yes, this is called money.

2023-03-28 02:36:07

No matter what the fed does, Bitcoin will hit $1,000,000 by 2030.
There is no asset with less future uncertainty.
Only 21,000,000 BTC, and nobody can change that.

2023-03-24 13:28:34

You used to be a slave all day and at the end you got food and a house.
Now you work all day, your get USD, and at the end you get food and a house.
Slavery is still here. You work for the top 0.1%.
#Bitcoin fixes this.

2023-03-20 17:06:28

Over 5 years ago, the CEO of Credit Suisse called #Bitcoin a bubble.
Since then, BTC is up 318% and Credit Suisse just sold for ~ 1/5 the size of Dogecoin.

2023-03-19 21:27:08

Hyperbitcoinization will be amazing.
Imagine going to the grocery store or gas station and seeing prices fall by 50% due to technology productivity growth and free market competition.

2023-03-19 21:23:34

USD is vaporware.
It is closed sourced, you cannot run a full node, and I'm pretty sure there's an inflation bug.

2023-03-19 20:47:48

Bitcoin is changing the world.

2023-03-19 15:42:40

Bitcoin bulls need to be more reasonable for the normies.
Let’s start with sat cent parity first.
$0.01 = 1 sat in 90 days.

2023-03-17 19:42:43

Sell Bitcoin?
For what?
The dollars they’re printing?! 😂😂😂

2023-03-17 03:26:04

NO MORE GAMES.
RUN A #BITCOIN FULL NODE. TAKE SELF CUSTODY. SELL YOUR ALTCOINS.

2023-03-17 03:01:14

HYPERBITCOINIZATION

2023-03-17 02:59:52

Run a Bitcoin full node and hold your own private keys.
If nobody understands why this is important or nobody does this, Bitcoin is worthless.

2023-03-16 18:48:58

Stop searching for yield.
You are the yield my dawg.

2023-03-14 21:57:28

Open AI + Boston Dynamics + Bitcoin + Humans = Singularity
Global economic growth is about to explode.
1 BTC = $10,000,000+

2023-03-13 15:56:27

The end game is buying Bitcoin.
This is becoming increasingly obvious for everyone.
Individuals, SMBs, corporations, governments, and central banks.

2023-03-13 15:55:35

Hyperbitcoinization is accelerating.

2023-03-12 23:36:24

The official unemployment rate is only 3.6%, inflation is at 6.4%, and bank depositors are already getting bailed out.
Buy bitcoin.

2023-03-12 17:59:08

Let me get this straight.
Multiple banks are failing, high growth tech has been decimated, inflation hit record highs, interest rates are at record highs, and Bitcoin is still ~ 7x higher than it was during the 2018-2019 bear market.
This is hyperbitcoinization.

2023-03-10 15:33:22

Unlike Twitter likes and retweets, zaps are an instant way to get people’s attention.
Any zap over 1,000 sats, even though it’s only $0.20, results in an follow.

2023-03-10 03:27:38

FTX borrowed customer deposits and bought shitcoins.
Silicon Valley Bank borrowed customer deposits and bought long duration bonds.
In 2008 Lehman Brothers borrowed customer deposits and bought mortgage bonds.
Fiat banking is inherently fragile.

2023-03-10 02:50:22

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Excited to listen to this one!

2023-03-10 02:50:03

Debt based monetary systems are inherently unstable and incredibly fragile.
A healthy economic system is not built on creating endless debt.

2023-03-08 23:30:36

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Maybe. So far they are moving slowly.
If I was an energy exec I’d be going all in on Bitcoin mining right now.

2023-03-08 23:27:49

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Agree.
Companies like CleanSpark were more successful last cycle because they built infrastructure during the boom and bought cheap mining rigs during the bear.
Next cycle miners will diversify by acquiring and building power infrastructure during the boom and then stack cheap ASICs during the bear.

2023-03-08 03:13:16

At the peak of the next bull cycle we will see a public Bitcoin mining company with a market cap > $100B.

2023-03-08 03:13:03

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Reason why?

2023-03-07 16:11:52

If you own power plants producing excess energy, you should be mining Bitcoin.

2023-03-07 02:51:33

The hardcore plebs are on Nostr.

2023-03-06 23:40:12

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Umbrel is not a crypto. It just makes running Bitcoin Core easier.

2023-03-06 23:19:18

Your favorite "crypto" is a security unless you run your own full node and the full node doesn't auto-update.

2023-03-06 21:04:48

Whoever just sent me 21,000 sats, thank you!

2023-03-05 23:09:04

Welcome to Nostr #[0]

2023-03-05 19:30:06

Unlike every other asset in the universe, there is no market based supply response to a price increase in Bitcoin.
No matter how much technology, time, and effort is dedicated to producing BTC, there will never be more than 21,000,000.

2023-03-05 19:13:51

A closed zero sum monetary system leads to an open positive sum economic system.

2023-03-05 01:21:45

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Thanks! He’s not on here yet. I need to get him on.

2023-03-04 16:47:31

Two years ago today I was sitting in my economics class in graduate school when my professor was presenting an ARIMA model on the price of Bitcoin.
He said "the price of Bitcoin moves exponential on a log scale. That never happens."
This is hyperbitcoinization.

2023-03-03 17:13:51

Bitcoin is easier to understand when your realize the world has never really had good money.
The world has been searching for Bitcoin.

2023-03-03 16:50:14

Mike Novogratz probably got a Luna tattoo without even running a Luna full node.
Complete incompetence.

2023-03-03 16:49:50

The lack of future uncertainty around Bitcoin is critical to why it is the best money humanity has discovered.
- What will the supply be in 2040?
- Will it be censorship resistant in 2040?
- Will there be any critical consensus altering changes?
Your altcoin is more uncertain.

2023-03-03 03:16:54

In 2050, if the average individual Bitcoin allocation is ~ 90% of their net worth, all BTC will be worth 9x more than all equities, real estate, collectables, and bonds.
You are greatly underestimating the future purchasing power of 100,000,000 sats.
This sounds crazy until you recognize that Bitcoin effectively works as the ultimate global productivity index fund without management fees and counterparty risk.
The best long term risk adjusted return is holding spot BTC.

2023-03-02 22:04:46

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Legends.

2023-03-02 04:28:59

Bitcoin mining is about distributing coins without seigniorage.
Miners do not "secure" the network.
Miners build digitally verifiable walls of energy around transactions to provide confidence that your transaction settled.
More confirmations = more digital walls of energy.

2023-03-01 11:11:01

Could free Nostr relays monetize by passing ads into feeds?

2023-03-01 04:46:20

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Daily OpEx sell pressure from miners has likely never been higher.

2023-03-01 04:20:33

IMO Bitcoin halvings are not “priced in” for three critical reasons.
1. Many individuals aren’t educated on Bitcoin halvings.
2. Some think Bitcoin’s security is flawed as the block subsidy trends to 0.
3. Today’s price bids bring miners tomorrow who sell to cover OpEx.
There is no nominal supply side response to an increase in the price of BTC, but there is an real supply side response to an increase in the price.
Miners continue mining on the supply distribution schedule, and miners usually sell to at least cover their OpEx.

2023-02-28 02:57:53

Over the next 20 years the USD market cap of Bitcoin will bewilder even the largest bulls.

2023-02-28 02:57:40

How paradoxical is it that less than 10% of all BTC are left to be mined, yet the Bitcoin mining industry is larger than ever before?
I expect this trend to continue.

2023-02-28 02:33:19

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Agree.

2023-02-27 17:55:18

In 20 years the Bitcoin block subsidy will be 0.195 BTC.
That's 32x smaller than the block subsidy today.
Absolute scarcity is mind boggling.

2023-02-27 16:37:43

BREAKING: A record high 67% of all existing BTC has not moved in over a year.
Bear markets create strong holders, strong holders leave few sellers, few sellers result in a lack of sell side pressure, and a lack of sell side pressure leads to 📈 when ANY buyers step in.
https://pbs.twimg.com/media/Fp-14DCXwAQy0Xn?format=jpg&name=large

2023-02-27 15:54:31

It's not difficult to understand the entire cryptocurrency industry is a joke.
Dogecoin is literally one of the largest coins.

2023-02-27 03:52:46

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This is just block time randomness.

2023-02-27 01:21:50

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Wow, looking great.

2023-02-27 01:20:09

Ordinal NFT data inscriptions likely won't bring consistent block space demand for the next 100+ years.
If the world adopts the Lightning Network as a global payments network, there may be nearly infinite demand for opening (routing) channels at a low enough transaction fee.
For example, node operators may know if they can open a channel at ~20 sats/vbyte it will be profitable.
Approaching 1 sat/vbyte, there may be nearly infinite profitable Lightning channels to be opened. However because of this, the mempool may find equilibrium at ~3 sat/vbyte.
This isn't necessarily good or bad. Just how it may play out.

2023-02-26 19:07:32

Why trust others to not debase your money when you can now choose a money that requires no trust in others?

2023-02-26 16:20:26

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The Blocksize War is a great book.

2023-02-26 15:49:37

Large cap passive index funds like $SPY will be less effective at preserving purchasing power over time.
Technology is accelerating faster than ever.
Initial profits get captured by startups, they exit to public markets, and eventually lose to a new startup.
Buy #Bitcoin .

2023-02-25 18:19:48

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Bitcoin purchasing power goes up faster and faster.

2023-02-25 17:56:44

Money trends to ONE BEST LEAST UNCERTAIN tool.
Not two, five, or 1,000 tools.
There is no second best.
Metcalfe’s law, Gresham’s law, Thiers’ law, etc.

2023-02-24 17:42:51

Your transactions acquiring real estate, equities, bonds, and treasuries are protected and finalized only by a legal system.
Whereas, your transactions acquiring BTC are protected and finalized by digitally verifiable walls of energy (PoW) and a legal system.
https://pbs.twimg.com/media/Fpvka6EWYAIer8z?format=jpg&name=medium

2023-02-24 03:01:36

ETH merge successfully occurred, ETH’s supply has been net-deflationary for multiple months, coinbase launched an ETH layer two, and ETH is still underperforming BTC.
Altcoins trend to 0 BTC.

2023-02-23 23:22:11

I think there’s a viable scenario where both USD and BTC coexist for a long time.
USD is a short term unit of account, MoE, and SoV.
BTC is a long term unit of account, MoE, and SoV.

2023-02-23 15:53:40

I really enjoyed sitting down with Matt Schultz, CleanSpark Executive Chairman to discuss the Bitcoin mining industry.
✅ Mining BTC in Georgia
✅ Energy and Bitcoin
✅ Volatility and Leverage
✅ Matt's career and outlook on Bitcoin
https://youtu.be/cpM3ka8EmOE

2023-02-23 02:43:33

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Add a Lightning address to your settings!

2023-02-23 02:36:25

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Add your Lightning address in settings!

2023-02-23 02:35:30

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And comment, so I can zap your post!

2023-02-23 02:34:09

Let’s do a Nostr experiment.
If you repost this and follow me, I will zap you.

2023-02-23 00:57:32

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Blockware Intelligence Podcast on YouTube or any podcast app.