I think we need to reframe supply and demand to Demand and Supply.
There generally isn’t random demand for a given supply. There’s usually demand, or a need to be met, and therefore a supply is identified, extracted, manufactured, and streamlined to facilitate.
The same Demand Supply dynamic can be applied to #bitcoin as a global need, only in this case the supply was ‘discovered’ and will not change. What a unique circumstance.
It’s crazy how I only buy:
1. #bitcoin
2. #coffee
3. Healthy food
4. Clothes if required
5. Vacations when it makes sense
How is no one talking about the coordinated tax harvesting by the #bitcoin ETFs?
ETF’s launched Jan 2024, and the multibillion dollar outflows started the last week, 2 months before the tax deadline.
It’s obvious that profits are being taken, triggering long-term capital gains, and likely used to pay 2024’s taxes. Then they reallocate to the ETF now that the price dropped, and sell off again this time next year to pay their 2025 gains. Rinse and repeat.
And that’s just the US. Don’t forget all the foreign allocators with different fiscal years and other incentives.
#btc #gm #pv
The free market will push for favorable #bitcoin regulations.
The free market will opt for using #btc to purchase items - those with >10btc and <1btc will use it first, and those in between will use it last.
The incoming class of politicians and technologists are internet native, or close to. Their constituents will have been born into the internet.
Until the current ruling class is phased out, the free market will be hindered from choosing the bitcoin network as a primary (and eventually only) vehicle to transact.
Working on a concept called the ‘Bit-Zone’ or ‘BZ’ for short.
Thesis of this dual state of existence of a fiat world while transitioning to a bitcoin world. While this is in slow undetectable progress, there will be inevitable Tipping Points.
The most pivotal of the tipping points to break out of the Bit-Zone is energy:
Energy production will generate btc (mining), that energy will be sold for btc, and the btc earned will fund expanded energy infrastructure.
A second tipping point that’s important for society to onboard the bitconomy is an overhaul of tax law - to be discussed in a separate thread.
The BZ is easy.
#BZ #bitcoin #btc
My MBA alma mater has engaged me to teach a 5 week (10 total sessions) course in #Bitcoin to graduate finance students. I’m assuming they have zero knowledge.
What do you think of my class topics?
1. Why Bitcoin Matters
—problems with current system and why Bitcoin exists.
2. Bitcoin’s Mighty History
—who/how Bitcoin was developed and important dates.
3. Trust in Cyberspace
—Byzantine generals, double spend problem, and miner/node security.
4. Bitcoin Tokenomics and Security
—tokenomics, UTXOs, fees, public/private keys + wallet transaction demo.
5. Bitcoin Investment Case
—Bitcoin’s annualized returns and volatility dynamics.
6. Bitcoin’s Legitimacy in Finance
—IRS, ETFs, FASB, SAB121, strategic reserve.
7. Corporate Playbook with Bitcoin
—MSTR, SEC40 Act, breaks in conventional corporate strategy.
8. Financial Applications on Bitcoin
—borrowing, rewards paid in btc, bitcoin bonds, lightning network.
9. Bitcoin and AI: Opportunities and Threats
—scarcity counterbalance to abundance, quantum computing, real time payments, paying AIs.
10. Bitcoin in Your Career
—engage Bitcoin at current career, get Bitcoin-based job, Bitcoin in all industries.
Each session will have lectures, activities, resources, and assignments. Lmk if there are any suggestions.
#asknostr #grownostr #AI #btc #gm #pv
When i type ‘Omw’ and it turns into ‘On my way!’ I will literally delete it and retype.
I should probably just change the auto correct in settings but I’ll wait til I can have an #AI agent do it for me.
#gm