Easing is Meming

1 BTC is 1 BTC

I think the Halvening & the Difficulty Adjustment are by far the two most underappreciated/underestimated gifts baked into the protocol. What happens when you have a ever-growing Hash Rate, compounding at approx. 35% YoY & a supply schedule being cut in half by 50% every 4 years. You have the apex asset of the digital age, playa! Your stack — the one you should be building — represents a tangible, measurable share of global time and energy. Hash costs money; your BTC represents proof-of-time in a world running on proof-of-energy. Plotted over any time horizon, you can mathematically calculate your stack’s claim on global energy. Every block mined increases the total energy securing the network, and your share of it — however small — commands proportionally more time. This is without a doubt the most magical part to all of this, as time goes on you can mathematically calculate your stack as a representation of time. At any one point in time your BTC commands more of the world’s energy (time), and therefore money. I vibe coded a website to help graphically showcase this, you can suss below. I plot price based on a number of factors but price is not what's important, % of the network in time is the best way to visualize how significant a 'small' stack will become when time is the denominator.

SID Model — Scarcity • Incentives • Demand

A disciplined, energy-based way to price Bitcoin across any time horizon.

Pic above denotes a 0.1 BTC Stack, Feedback welcomed and encouraged, #BTC

An exciting epoch of decentralization for BTC comes from a fracturing of the energy grid(s) monopoly. With the inevitable abundance of cheap global energy the emergence of smaller, distributed mining operations will not only drive up competition, but reduce the reliance/concentration of large scale operations. Increased reliance on AI & soon Robotics are the canary in the coal mine for the inevitability of cheaply, freely available energy - We have no choice.

I think the 'everyone finds bitcoin at the price they deserve' rings true here. For BTC to become the 'no brainer' asset for wall street (currently very clearly gold) what must pass is simply time. It's bizarre their entire career's are carved out trying to find edge and take advantage of each other at every opportunity, but ego prevents them from embracing the best money. Money is no longer a zero-sum game, we can all win. View quoted note →