Me opening my investment accounts to do my taxes this year

This is my favorite part… “Ordinals, a completely fictitious framework for identifying individual satoshis within utxos, have given people the ability to ascribe ownership claims to digital objects stored in blockspace.” “Ordinal theory not only promotes a collective delusion that individual satoshis exist (as opposed to being an abstraction used as a unit of account to measure the value of utxos), and that they can be identified and “attached” to arbitrary data in blocks.” View quoted note →

Why ordinals are dumb:: So you’ve created an NFT of the first few bitcoin magazine covers on bitcoin using ordinals…awesome, good for you. Someone else takes the same bitcoin magazine covers and makes an NFT on the Ethereum blockchain. Someone else then makes an NFT on both Cardano and Solana’s chains. Which is the real “NFT”??? Each think their record is the true record. Do you trust the bitcoin ordinal because it’s bitcoin? What if you found out that the original authors of the bitcoin magazine articles were the ones that created the ethereum NFT? Would you believe them? Would you take it to the courts to decide? Would you trust the US government to decide a “true record”? The real answer is none of them. The only thing that was scarce in the first place was the 1 sat that was used for the ordinal. #Bitcoin tries to be nothing but Bitcoin. By trying to be a distributed ledger for everything, the other chains succeed in nothing. They are so focused on being a computer for everything, they completely disregard the 1 thing that really matters. Digital scarcity of the coins themselves. But they couldn’t compete on that anyway, Bitcoin has POW, no insider ICO, the network effects, and the game theory…THERE IS NO SECOND BEST! So keep shitcoining, it’s the only way these other chains can make money to keep their vapor ware running. And ordinals on bitcoin are at best a fad and at worst a cash grab. PV🤙

🟠🟣 Have fun with your ordinals.

🟠

Michael Buddy - “Going back to the 1920s, there has been no BTFD generation like you. Congratulations" When the money is corrupt, you need to exchange your money into some kind of asset. The stock market and its index funds are the easiest thing to switch your cash into. The last 20 years with 401k’s 529’s, Heath Care Savings account growing in popularity, money just piles into markets with no regard to valuations. One day everyone will realize the stock market is not an asset to hold wealth, it’s a claim on a company’s future cash flows. Only then everyone will see what we see, #Bitcoin is the only option.

Markets Insider

'Big Short' Michael Burry admits he was 'wrong to say sell' after the Nasdaq 100 entered a bull market

The tech-focused Nasdaq 100 entered a technical bull market for the first time in nearly three years after closing 20% higher from a December 28 low.

Well shit, now I lost all my follows… need to dig up that note on how to get them back

Sitting here with the Sunday Scaries realizing how much my job has been gaslighting me. Fiat mining is the mother shitcoin. Stay strong through the week my plebs, exercise, eat healthy, stack sats. https://www.marketwatch.com/story/gaslighters-have-two-signature-moves-are-you-being-gaslighted-at-work-how-to-recognize-the-signs-11670265006?rss=1&siteid=rss