Here is an excellent quote from Jeff Booth to all the wanna be Bitcoiners: "If you're pricing Bitcoin from the control system, you haven't left the matrix yet."
Roland
roland@nostrplebs.com
npub19u7a...fkkt
On a mission to converting you from fiat to #Bitcoin☀️ #BitcoinMindset
Sharing my journey along the way 🧡☮️
twitter.com/rolandkovacs68
Here is an excellent quote from nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrthwden5te0dehhxtnvdakqaktkhjto all the wanna be Bitcoiners: "If you're pricing Bitcoin from the control system, you haven't left the matrix yet."
Imagine there are 21 million people on Earth and Bitcoin is the only medium of exchange. It is evenly distributed - everybody has 1 Bitcoin.
How much do you think a person would value all of his property and income?
Now do the same with 250.000 Satoshis (0.0025 Bitcoin) the approximate average based on 8 billion people.
It does not make any sense to put energy into posting on X. Your posts aren't shown to your followers. What you get instead is a stupid notification about some of those you follow posting.
I will not renew my subscription there and will focus on Nostr.
Instead of "the Bitcoin mindset" I should have always said the "rational mindset" or simply just "common sense".
Everybody is talking about price discovery, but shouldn't we be focused on value discovery instead?
Bitcoin - the only reliable economic measuring tool.
I was a guest at the podcast of the Hungarian Bitcoin community.
A magyar Bitcoin közösség podcastjának a
@HUSZONEGYworld
-nek voltam a vendége, ahol fontos témákat feszegettünk. Köszi a meghívást. ☀️
I am excited to see this price decline ☀️🙂
Fiat is dead.
What is your game?
1. More fiat
2. More Bitcoin
Imagine the length of the meter decreasing year by year and as a consequence the size of everything you own getting smaller.
This is exactly what is happening with your wealth due to the decreasing "size" of the unit of fiat.
Value is subjective, but Bitcoin as the only reliable metric to measure value with is objective.
When you want to invest you have to compare price and value.
You can see the price, the value you have to measure.
When it comes to Bitcoin the problem is, that it is the only reliable metric to measure value with.
What now?
Imagine everybody using broken scales.
Would you use broken scales as well?
Would your reasoning for using broken scales be that everybody uses them?
Exactly.
So why are you using broken economic scales - fiat?
All the wannabe bitcoiners who are still using fiat as the basis of their economic measuring, calculating and decision making are like alcoholics talking about quitting drinking yet drinking all the time.
The measuring tool - fiat - is broken, yet everybody continues to use it...
Please somebody explain to me why this is smart?
The Eiffel tower could be a perfect tool for economic measurement. It is scarce, exactly defined. Unfortunately it is not divisible, verifiable and is not traveling with the speed of light.
This is why Bitcoin is the only reliable tool for economic measurement.
If you consider yourself a Bitcoiner your goal shouldn't be to have more fiat, but to have more Bitcoin and time to live the best version of your life
Most people don't know there is a problem.
Most people don't know what the problem is.
Most people don't know Bitcoin is the solution.
Most Bitcoiners don't know what is Bitcoin the solution for...