I’m coining a new term: Bitcoin Boomers. Because the OG Bitcoin Boomers are dumping their easy-earned gains on the head’s of subsequent generations and forcing them to swim upstream just to stay afloat. image
@Bitcoinbekka I’ll always be a fanboi for how for a while you would fearlessly alpha Michael Saylor in tweets in his early days. It was glorious. Nobody but Nobody could get away with how you trolled a major CEO. Yet in Bitcoin world, you helped introduce him to the playground, and let him know the rules…and he got that. In that way, I believe you played a very pivotal role to reveal Saylor as a true Bitcoiner. Appreciated you. image View quoted note →
I think its important to remind ourselves that for virtually everyone in the Fiat system it makes complete sense that you obey the orders of someone that you work for, and at the end of a “pay-period” you get credits to give to other people who obey the orders of someone THEY work for. Yes, Bitcoin is Freedom Technology…but it won’t be adopted quickly, because few are able to understand. It will take decades to break the collective unconsciousness. Prepare accordingly. image
Well said! Nostr is perhaps happily doomed to be the place where people can just be. Fwiw the very wealthy realized centuries ago that “Gentlemen’s Clubs” would rule “Social Media” nine ways to Sunday. Be Small but Mighty and choose your friends wisely. image View quoted note →
A foot is your foot. An inch is your thumb. Every real housewife knows a cup, pint, quart, teaspoon, tablespoon…and they built the greatest country the world has ever known. Not with Math, but with Measurements. image
Look at this 2-year Weekly chart of Volume (bottom) v Price Action. Forget what Asset this is. This is an Asset that is Dislocating. Dislocating assets break. Always. With unanticipated results. But we don’t know WHAT will break. The stresses within have ripple-effects without. And those stresses are intertwined through SO many things when viewing the free-est global-market asset the human race has ever known, however small but scrappy. Yes, Bitcoin is tiny, so far as harbingers go. But Gold is not, and Gold is likely the tsunami that has been sucking out the water from the beach right now, if you view the Volume chart as the place where the earth meets the ocean of money. Bitcoin’s time is to shine is not yet. Likely another one to two years. So DCA accordingly and don’t swing for fences. image
The very recent weakness in Bitcoin is a side-effect of the breakout in precious metals. Remember that in Bitcoin, God-Candles are basically just baseball cap branding. OG’s in Bitcoin have largely already dumped after 10 to 14 years of hodling. But in precious metals circles people have waited their whole lives for a 10x “melt-up”. Which is about where Gold and Silver are at right now. Think 30 years or more. So expect Old Guys with dreams of Cabo to absolutely eclipse what we think has been OG Bitcoiner selling after 10 years of hodling. “Retail” in Gold/Silver has been hodling longer than most Bitcoiners have been alive. And they are going to find that selling is very, very difficult at the prices we’re approaching. The spot markets at trading co’s has got to be interesting now, with buying v selling reaching a disconnect. Watching Gold & Silver run is like watching Susan Lucci finally win an Emmy award. t’s well-deserved, and everyone over 50 is applauding. But it’s little more than an honorarium at this point. image
Starting to see a bit of talk about how Bitcoin is no longer a “Retail” asset because the Robinhood Retail crowd has become the Blackrock ETF Retail crowd. So fwiw, I’ll repeat: “UNLESS AND UNTIL….Overnight and Overweekend markets kick fully into gear and break the Western-centric hold on Bitcoin… Until we see THAT, Bitcoin is NASDAQ. Don’t leverage or expect anything more than 10%. Mark these words: Until the Non-Western “Flyover” markets clearly wrest control from Western “Wall St” markets, Bitcoin is going to trade like a trad-fi “FAANG” style investment. So accumulate accordingly.” View quoted note →
All the propagandized “division” - in America and elsewhere - all division in the world, boils down to: “My sources of information are better than your sources of information.” This has always been. And the first step in confronting this monstrous maelstrom of insanity… …is to recognize both sources of information are Fiat. image
Shower thought today: The last legit conspiracy theory I can think of that has definitively been Debunked is that Playboy was primarily about the articles & interviews. image