Default avatar
Monk Richardson
npub1rm7m...0zsp
Bitcoin education and posts to prevent people from swapping Bitcoin for something worth less than sand (fiat).
MonkBitcoinson 9 months ago
Selling a US dollar for ~1200 satoshis is a vote for change. A vote much more powerful than any ballot box.
MonkBitcoinson 9 months ago
The most common way people lose their Bitcoin is rushing into cold storage. Take your time and only play with a few sats to begin with
MonkBitcoinson 10 months ago
The price of whatever you want to buy will be cheaper priced in Bitcoin the longer you wait. This is how money is supposed to function.
MonkBitcoinson 10 months ago
Saylor's Strategy burning their keys is not priced in. Your landlord selling up the property you live in to hold the value as Bitcoin is not priced in. The total demonetisation of silver and gold are not priced in. Every millionaire and billionaire scrambling to get their hands on some sats is not priced in. Hold your Bitcoin securely and forget you own it for 20 years. Fortune favors the patient.
MonkBitcoinson 10 months ago
No other investment type will make sense until the global monetisation of Bitcoin is close to completion.
MonkBitcoinson 10 months ago
Forego that $20 piece of crap you want to buy and get 25,000 sats. In the future you can buy a year's worth of food for that money. Think of your spending as 'years off your retirement'. That purchase could be a few months to a year!
MonkBitcoinson 10 months ago
If you're cheering on government accumulation of Bitcoin you are a high time preference cuck. The longer they wait to do this, the more Bitcoin you can accumulate and the better off you'll be in the long run.
MonkBitcoinson 10 months ago
Wear blue light blocking glasses after sundown. You can thank me later for the benefits.
MonkBitcoinson 10 months ago
The market cap of money is reflective of the total capital stock of the world. As more goods are created, but more money is not, money appreciates. Central bankers are robbing this deflationary paradise from us.
MonkBitcoinson 10 months ago
Anything the government says is a distraction or a pysop to hide money printing. Ascend above the 'left vs right' they want you to fight about.
MonkBitcoinson 10 months ago
Mainstream economists: Noo, no one will spend any money if money is deflationary! Bitcoiners: Here is a zap of some of the scarcest most deflationary asset in the universe because your post was a bit funny.
MonkBitcoinson 10 months ago
Telling someone to buy Bitcoin won't help them. Tell your loved ones to LEARN about Bitcoin through the lens of the history of money. There's no other way to have the appropriate conviction to hold once 1 Bitcoin is $1 million dollars and beyond.
MonkBitcoinson 10 months ago
The most important thing you can do for Bitcoin is help your normy friend with $200 of Bitcoin on coinbase move to self custody.
MonkBitcoinson 10 months ago
Any double spends achieved? Nope Blocks are still being churned out? Yes Tariff analysis complete: Bitcoin does not care and has still already won.
MonkBitcoinson 10 months ago
Don't waste your time listening to moonboy podcasts that say things you already known and reaffirm your thought process. You're simply stroking your ego. Instead spend time improving your craft and income, or learning something new that you don't already know about Bitcoin.
MonkBitcoinson 10 months ago
The dollar supply doubles every 10 years or so. They are robbing half of the wealth from cash and bond holders every 10 years. Opt out.