“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.” —Peter Lynch
Why are shitcoins so INCREDIBLY unlikely to outperform #Bitcoin in the long run?? @Saifedean Ammous explains in BCB133👇
To have #BTC, you need to have the skill set & discipline to run a personal surplus. “#Bitcoin is for net producers.” — @preston
This next phase of #Bitcoin could get downright fucking weird.
We #firefighters use a shit-ton of tools to keep ourselves safe. And one of those tools is a #COLDCARD image
Where is this Recession?! Sam Callahan bellies up to the bar w/ BCB 🩷Love Story Tell All 😉 👉Nation State adoption 👉Bullish On the BTC ETF 👉Elizabeth Warren 👉Finding GOOD Econ data 👉Swan Institutional Watch Here👇
There are a ton of "fake jobs" out there these days. My neighbor's grown ass kid lives at home, spends all day fixing up a Subaru his daddy got him, works part-time at Home Depot, and calls himself "employed." When ur an adult, go get a REAL JOB that provides for your own needs. image
You’re not going to make a long-term or viable living off of being an “influencer.” Put ur big boy/girl pants on and go get a real job.
When small forest fires are always immediately extinguished, underbrush overgrows & it becomes hard to even walk in the forest. “Today, we don’t get the creative destruction necessary for a healthy economy.” —Dr. Jeff Ross @less We need to restore signals of market reality. #Bitcoin image
To be a long-term #Bitcoin Bear, you MUST explain how demand will go down. Good luck.🤷‍♂️ Here are 4 Key Drivers of #BTC demand this decade.👇 1⃣Bitcoin is the hardest money in human Hx at a time when hard money may be most needed (i.e. looming sovereign debt crisis & mathematically obvious debasement). 2⃣Bitcoin is permissionless money in an age of surveillance, censorship, capital controls, currency wars, & conditioned sovereign reserve assets. 3⃣Bitcoin is antifragile money juxtaposed against an increasingly & comically fragile debt-based financial system in need of regular, centralized bailouts & "repairs." 4⃣Bitcoin is frictionless & inherently global money in a world of 160+ fragmented fiat currencies. There is an obvious need for a digitally native, fixed supply, interoperable, trustless global value transfer mechanism, and as time marches on, it's becoming more & more obvious that #Bitcoin is it. image