An asset underpinning a broken monetary system provides a very different view of #bitcoin than an open protocol emerging in layers.
This is what most people still pricing bitcoin in pieces of paper miss.
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They’re still counting worthless paper while we’re stacking sats, building layers of freedom, and watching fiat crumble #Bitcoin unstoppable
Thanks for your consistent reminders of this Jeff 🙏 that’s the only way to transform the fiat mindset we have known up until now
The debasement trade couldn’t be clearer. Pricing Bitcoin in paper units while ignoring the rot beneath them reveals the fracture.
Bitcoin isn’t an asset inside a broken system — it’s a rupture exposing the system itself. An open protocol emerging in layers doesn’t ask for belief, it demands understanding.
Until we teach the next generation what money actually is — not just how to count it — people will keep mistaking the signal for the noise.
and until the world realizes this, we have an asymmetric opportunity to provide stability to our future selves
Why does my steak in 2021 and in 2025 still cost roughly the same amount of bitcoin though? I’m measuring btc in goods and services and the deflationary collapse in bitcoin terms isn’t revealing itself.
Is it because bitcoin is sniffing out the deflationary tech/ai/robotic collapse and the existing monetary system is just delayed in that realization so prices haven’t collapsed yet?
Something is breaking my brain and I can’t figure it out! 😫
That is exactly it Matt. Lag time + greed and fear. As a small indicator of what you’re talking about - many PE funds in real estate have halted redemptions because if the assets were marked to market -insolvency would reign. While the market “waits” for more liquidity….ie - money printing. Trying to measure it in shorter time horizons, against an increasingly chaotic insolvent credit based system is what keeps us stuck.
In time, it will be clear.
💡thanks Jeff
This is absolutely understand.
There's a difference between measuring bitcoin in fiat and measuring fiat in bitcoin.
In a free market everything has relatively value to everything else and there is no moat against opportunity cost. What matters is where one places their focus.
Well, the price of steak in banker's permission slips went up 22%...
I think Bitcoin is giving true signal.
We also have to factor in the fact that destruction, waste and chaos are inflationary forces even for hard money. The real deflation is when the world actually gets richer in real terms, while the money stands firm.
All the destruction of fiat malinvestment... waste, destruction and chaos will sap out real wealth gains for now. Bitcoin is more like a lifeboat when the fiat world is still crumbling. But it truly takes off as a deflationary rocket when real wealth creation takes over again.
We're in our benedictine phase. Charlemagne is yet to come.
🎯
It behaves like a volatile stock in fiat terms because thats what most people see it as..
It will reveal itself to everyone with time .
"Perception is reality, until you know differently"🧡
Impossible to explain it better