One of the most frustrating things about trying to orange-pill someone is that in your mind you know that time in the market beats timing the market - so you have a sense of urgency - you want other folks to get in asap - because you know from experience that the longer you're in, the more beneficial it is - which makes worrying about the 'price' at the current moment irrelevant, and yet that's all a no-coiner can focus on.

I've been playing with Giovanni's PowerLaw formula using Desmos Graphic Calculator. Although the PL formula shows what might be considered to be conservative 'predictions' of the btic price - I thought it was interesting to note these various milestones over just the next few years. Note this is calculated in # of days since inception of Bitcoin - so the X axis = # of days. Note how even with these conservative estimates, we still reach significant milestones (150k, 200k, 250k, and 300k) fairly quickly.

This looks like it might be an apt metaphor for Bitcoin: finite volume (fixed supply)- and infinite surface area (infinite value)… 🤔🤯

I’m listening to old episodes of Oliver Velez’s Bitcoin unleashed— and it’s breaking my brain right now. Bitcoin was the innovation. All this talk from Blackrock and the IMF about blockchain technology and tokenizing real world assets is just more fiat nonsense- extending and expanding the tyranny of control and enslavement.

Jeff speaks the gospel—

Bitcoin is acting like a coiled spring.

Listening to normies complain —on and on about inflation and geopolitics, —and yet they’re not interested in learning even a little bit about Bitcoin. 🤦🏼‍♂️🤷🏼‍♂️

A great conversation with Simon Dixon - starting with some juicy stories from Bitcoin’s early days:

It finally occurred to me that it’s not necessarily that normies aren’t paying attention to Bitcoin… it’s actually more that they just don’t think it can succeed. They think of Bitcoin the way Bitcoin maxis think about shitcoins. In their minds it’s just an extremely speculative casino bet, and they just assume it’s going to zero. 🤷🏼‍♂️🤦🏼‍♂️

The reason price action feels boring is because we’ve never spent so much time riding along the linear regression fit of the power law (evenly half way between support and resistance). I wonder if this means the resistance and support are actually going to bend towards the linear regression (a more narrow range)?

Great conversation- and a reminder of why we bitcoin in the first place….

If you buy 0.01 bitcoin a hundred times in a row… then you’ll have a whole bitcoin! …. Math! 😅

Tom Lee is so disappointing right now.

South park!

Did you know that the issuance schedule equation is more mysterious than you might have realized….

Bitcoin and Energy … Another great Jeff Booth conversation:

Another great conversation with Jeff Booth:

As bitcoiners, we understand the fiat system better than most. And yet, listening to Saifedean explain it, is shocking and mind blowing!!

This bull market feels eerily steady and not so extreme to the upside… which leads us to conspiracy theories about paper bitcoin, etc… but perhaps this is just Bitcoin’s benevolence….

Saifedean continues to educate— 🤯