It’s still hard to believe sometimes that bitcoin is casually trading at these prices. image
Bitcoin’s “Quantitative Hardening” in the Belgian Financial Times 💪 image
I’ve learned a lot from Peter Todd over the years. Here’s a discussion of his NOSTR critique: View quoted note →
(US politics) Does anyone else also feel that the Drudge Report has taken a turn to the left? I’ve been reading it for 15 years or so and used to feel that it was sensational but quite neutral in the left-right spectrum. The last 2 years I notice a change, with a lot more negative news focused on Trump vs Biden for example. What do you guys think? New owners perhaps?
Fiat is an acid; a poison that weakens living creatures, that dissolves age old healthy membranes, and that slowly burns away all that is good in the world. Bitcoin is a base; a benign soap that cleanses our wounds; a purifying water that restores life in society’s rivers; a miracle potion that helps us remember songs of truth and virtue.
A Real Rap on Real Estate In the dance of wealth, where truth and lies entwine, Houses once stood, symbols of our design. But beneath the surface, a truth concealed, Fiat’s erosion, their fate was sealed. Deluded buyers, blinded by the lie, Houses crumble as the years fly by. In this tale of shifting wealth and gain, We find reflections of our human bane. So let us heed this cautionary verse, As Bitcoin’s rise calls for a reverse. For in its wake, a shift is seen, To sound construction, long unseen. Classical architecture, born anew, Guiding hands, patient, steady, true. No longer hasty, this time with care, Building legacies beyond compare. For in the ever-changing dance of fate, Bitcoin restores, it does not abate. It’s not just wealth, but values that await, In stone we build, our legacy, innate.
Bitcoin is demonetizing real estate. A lot of “invoosters” chomping at the bit to “buy the dip” in real estate are going to get burnt badly. It’s for the most part essentially a shitcoin, just one that’s slightly less shitty than the dollar.