The thing that really bothers me about gold is it’s betting on a regression for humanity. Gold fixes nothing in a world today that deals in commerce across space. At the end of the day golds best hope is we regress back to a trust model of “gold backed” fiat because gold is completely impractical for commerce as we know in the 21st digital century. It’s like begging to make the same mistakes we’ve already learned from and I personally find it incredibly depressing to think we go back to a standard where we have to trust an asset already paper traded 200-250:1 isn’t going to end up in catastrophe again. Bitcoin is truly our only hope.
I want an App Store with no subscriptions and no exorbitant pricing for casual users. Imagine if these apps could be powered by lightning and a value for value model. Want to generate an AI image? $0.05 per request payable by lightning. The current App Store pricing models are stupid and I would never try 90% of apps that might be decent because I don’t want to get locked into some dumb subscription
2024 prospects.
- ETF approvals
- Halving
- CSW loses COPA case and all financial backing. Becomes totally irrelevant
- Feds ease rates
- Money printers go brrr again
- Multiple Latin American countries start integrating bitcoin
- Class of 2024 plebs starts pouring in as FOMO forces their hands
- Corporate treasuries start diversifying into bitcoin with new favorable accounting rules and inflation rearing its head again after money printer
I couldn’t script a more bullish timeline for bitcoin if I tried.