@Marty Bent @Caitlin Long What an episode 💪🏻💪🏻💪🏻 Also feel like the bitcoiners should donate to help fund legal fees for Custodia Bank

My pleb take on Saif and Saylor’s chat about yield on Bitcoin: Yield comes from prices falling against #Bitcoin. Said in another way, your purchasing power increasing is the yield not the # of units you have. Money is just information. Technology is deflationary and exponentially increasing with AI, robotics 3D printing autonomous driving etc and they are converging. Prices of goods and services are collapsing to their marginal cost of production (lines of code over time). Over time people borrowing will have to return at least the rate of deflation plus risk. If the rate of deflation is currently -5% and increasing it will make less and less sense to loan money into the future especially if your hurdle rate as a bitcoiner far exceeds what you can get in traditional lending markets. Risking your bitcoin which increases at say 50% per year to earn 5% doesn’t make much sense to me. @Jeff Booth ~agree?

I just offered a large national account rebate program to be paid in Bitcoin. Ironically they are named Dollar Tree.

Something not often discussed when evaluating the scarcity of gold: AI/robotics will collapse the marginal production cost of an ounce of gold. Golds deflection rate of historically 1.5-2% will increase exponentially tracking the rate of innovation. There is a fuckload of gold not yet mined. Assuming a 15T current mkt cap gold needs 300B of inflows to maintain its fiat price. This will increase. Gold is leaky, #Bitcoin isn’t.

Has anyone else’s #Bitcoin tab on YouTube disappeared for the last month?

I subscribed to a bunch of Bitcoin YouTube channels under my Dads account. By any means necessary