Is this going to be the last cycle? Will institutions and nation-states be lettuce handing their bitcoin in downturns? Feels like this cycle we'll substantially dampen the volatility. 80% downturn? I can't see it. 50% after a manic blow-off top? Maybe.
Bitcoin.
Nah, my alt is better.
Ehh i mean world computer?
How about ultra sound money amirite?
Ok ok ok... Hear me out. JPG's on a blockchain?
U like memes? Memes+blockchain!
The degeneracy of alts has rapidly accelerated. Next up? AI + blockchain something something something.
h/t @barto
Treasury Secretary Yellen announces that the US will hit the debt limit on Tuesday, January 21st.
Yellen has advised the US Treasury to start “extraordinary measures.”
Man i'm almost becoming numb to the all the winning that's happening for bitcoin and greater humanity.
I was trying to tell my wife about all the positive tailwinds for bitcoin yesterday and i'm like fuck, it's like a total good-news avalanche right now. The momentum is mind-boggling. Bitcoin withstood 4 years of attacks and attempts to sabotage it from the Biden administration and look what happened. The perfect embodiment of antifragile.
And now we just sit around, shitposting, waiting for the next thing to break in the financial system so bitcoin can be the beneficiary of an unsustainable monetary system.