Niko ๐Ÿ“š Konsensus Network's avatar
Niko ๐Ÿ“š Konsensus Network
OmniFinn@primal.net
npub1905c...3w9x
Full-Stack Publisher A citadel begins with a library: bitcoinbook.shop ๐Ÿ“š Book a free call and get your words out: starfishbook.com
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OmniFinn 1 year ago
Talk big game about freedom on #nostr. Make a fuss about US elections, the constitution, and shit. Do not realize the irony. Profit. image
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OmniFinn 1 year ago
PSA: there will be no god candle tomorrow. Quit your job and get to work. Will not explain.
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OmniFinn 1 year ago
@21 Futures One in which heat from ASICs is used to grow tulips for economic gain. Who write it? image
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OmniFinn 1 year ago
Life hack: turn your phone brightness way down. Saves battery and makes browsing less stimulating.
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OmniFinn 1 year ago
Listen up. #Bitcoin is not scarce (for the majority). Let me explain. Bitcoin will not be scarce to most individuals because they won't care if it's held by a custodian or if they have control of their keys. This will keep real bitcoin prices suppressed. Those who value self-custody can accumulate real bitcoin at a discount while the ignorant majority engages in a game of musical chairs. The situation won't be much different from the current #fiat system, except for one crucial aspect: the possibility to opt-out. Bitcoin offers an alternative for those who want to escape the legacy financial system. Most people will never care how their money operates, just like they don't care about the inner workings of their cars. Number go up, but it's mostly due to bitcoin being denominated in hyperinflating fiat currency rather than the immediate adoption of hard money standard. We're unlikely to witness hyperbitcoinization during our lifetimes. So, take a breath and remember that bitcoin's path to widespread adoption will be gradual. Donโ€™t worry about missing out on bitcoin before it "moons.โ€ Bitcoin's true value lies in its potential to disrupt the existing financial system, offering more control, security, and autonomy to individuals. Who even cares about the dollar price? The concept of scarcity in bitcoin extends beyond its trade value. It's about having sovereignty over your finances and securing generational liberty. In conclusion, bitcoin's scarcity for individuals will be determined by their time preference, level of awareness of and desire for self-custody. Stop waiting for the rocket ship, stack in silence, wield your freedomโ€ฆ and build the moon. image
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OmniFinn 1 year ago
#Bitcoin will not set you free. When I left #fiat originally in 2011, I had no assets to my name and no cash. Everything I owned fit in a small backpack. My key to freedom was not owning anything. That helped me realize I only needed my skills and will to advance. Bitcoin, of course, expedites everything, but you canโ€™t buy freedom even with absolutely hard money. You can always accumulate more using your skills. What holds many to fiat is the idea that spending bitcoin or not stacking hard enough makes you miss out on monumental gains. This may be true, but itโ€™s a trader, not a builder mindset. Builders never go hungry. Donโ€™t to be afraid of losing anything. This is a lesson I learned the hard way having lost everything including the will to live. As my final resort, I tried detatching from fiat and it fixed everything. Bitcoin is not the answer, not needing it is.
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