We’re at the stage where Bitcoin Bugle headlines are becoming reality

Like it or not, the unit bias will soon run in the opposite direction Few

The job is not done until the concept of “native yield” is forever defeated So the job will probably never be done

The irony of reposting this is not lost on me View quoted note →

Since the genesis block, every capital allocator has been benchmarked against a new hurdle rate; most just haven’t realized it yet. Bitcoin is the world’s new cost of capital, and outperforming it — read: stacking more sats over time — is the only rationale for putting money to work. More here: https://ten31.vc/insights/outperforming