A flood is coming to the neighborhood. You're "diversified" in it with multiple houses. Flood insurance trading at $0.0025 on the dollar. The only way to buy this insurance, however, is to smash the dam with a hammer. 99% of the town owns zero insurance. See the problem yet? #Bitcoin

The entire reason we diversify is because we don’t have thermodynamically sound money. The entire reason we breed large animals for transport is because we don’t have a mass transit system. The entire reason we kill whales for oil is because we don’t have mechanical luminosity.

What, what if #Bitcoin is not a symptom of the increasing speculation of an increasingly corrupted ledger? What if Bitcoin is actually the solution & it’s doing exactly the opposite of what you would expect the world’s lowest risk asset to do?

Markets feel increasingly disconnected from reality because the ledger at which you price those assets in is increasingly detached with reality, math, and the law of conservation of energy. The problem and disparity isn’t in the asset, it’s the currency. Wake up. #Bitcoin