Was listening to Bitcoin Today over on Twatter and Terence Michael (author of Proof of Money) summed up exactly what the Average Joe thinks of Bitcoin when he was explaining his reluctance to Nostr: "I don't see the need. I'm already perfectly comfortable and cozy here on X." It's also a tad bit ironic that the sub title of his book is "What you don't know about why you need it."
[November 19, 2025] #Vegas #Bitcoiners Meetup - 6:30pm at Sierra Gold - 9465 S Eastern Hot topics in the #Bitcoin space, finance, macro, etc. Come make some new friends! #vegaslocals RSVP:
I hope people are keeping receipts during this Zcash griftathon. You literally can find very little discussion on Twatter prior to the last 30 days. Oh, and look at the uptick in activity that just happens to coincide with the massive October 10th crypto liquidation event. Totally coincidental, innit? Anyone that says this isn't a coordinated attack are just absolutely fucking braindead.
Things I've learned from Peter Schiff in the last 30 minutes. - Volatility in gold is good but volatility in Bitcoin is not. - Store of value use for gold is proven but 15+ years of Bitcoin store of value doesn't count -- It's just speculation. - Prefers holding gold and silver mining stocks over holding gold. Don't mind he sells multiple funds through Euro Pacific so he's totally not trying to talk his book. Also don't look at his fund was flat for an entire decade before this most recent gold run. - Said gold price decay was from holders selling spot but doesn't believe any Bitcoin price decay was the same phenomenon -- It's just ponzi unwind. - Entry price matters for all assets but not for Bitcoin. - Was pushed on his calling for a currency and market collapse over a decade ago and says when it finally happens, people will claim nobody say it coming. Chicken Little has nothing on him. I can't. I just can't quite understand why people continue to value and platform his opinions on Bitcoin, let alone any other investment or monetary issue.