An approachable & well articulated explanation of the dark secretes hiding in plain sight at the core of so much that is wrong
Worth sending to friends & family who remain unconvinced about bitcoin ... if any of them are still talking to you that is ... π
I find npub1ycvsxes7qfrmv897k8uqqfrwvj5efv0f282lxzacrdlglm8c2qrqm7jjgr 's podcast knocks a bit of the hardened bitcoiner crud off me & brings the bitcoiner optimism back to the surface ... worth a follow just for that
https://www.youtube.com/watch?v=dbrlTS8zIzY
mobiusmoe
mobius@nostraddress.com
npub12qc8...rgrq
w/e
sue me
(but only if it's payable in BTC)
Notes (8)
weirdly bullish for bitcoin
remember, bitcoin loves you
I am against violence
I disagree with npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs 's take on banksyβs work
Public art has always been an important part of free speech, acting as real world memes, effectively communicating complex & nuanced messages to the masses in relatable & censorship resistant ways
A form of speech which is capable of cutting through censorship & reaching a frightened, obedient & submissive populace to directly challenge the regime's narrative
As the build-out of dystopian surveillance & censorship infrastructure accelerates, especially in the EU, UK & Australia, public art will remain important freedom tech & a bastion of free speech
Interspersed with jokes, dry wit & entertainment, banksy has been meming on these topics & cutting through to a bemused populous for decades
Some resent his personal financial success & consider it invalid ... wait, I can't help but think this reminds me of something .. π€
Long before nostr, bitcoin, bitchat, etc, banksy was speaking to us all about the dangers of government over-reach while popularising this important form of free speech once again
... giving us much needed shits & giggles along the way ...
Is it more dignified to be carried everywhere in the arms of your humanoid robot Whitney Houston / Kevin Costner style, or does it have more gravitas to ride everywhere on its back?
It is the question of our age & it's going to become real important real quick
It's about time we all had the courage to discuss it out in the open ...
Bitcoin's exchange rate expressed in gold follows a power law trend almost as closely as when expressed in usd (95% vs 96% r-squared)
In past bull/bear cycles bitcoin's behaviour around the power trend line is nearly identical for both measures (green circles).
This relationship has noticeably decoupled in the current cycle:
- the usd exchange rate has risen from long-term support trend line to the power trend line (red circles)
- the gold exchange rate has remained anchored to the long-term support trend line (red circles)
If gold is a more accurate measure of purchasing power, it can be argued bitcoin has not yet entered a bull-run in purchasing power terms
In gold terms, the power law trend line indicates, if a purchasing power bull-run occurs, bitcoin's price may:
- 2x from here to the power trend line (reversion to trend / no bull-run)
- 5x from here to to 1sd-up line (conservative base case bull-run)
- 10x from here to to 2sd-up line (up-side bull-run)
In usd terms, that's an exchange rate of US$500,000 to US$1,000,000 per bitcoin in a bull-run this cycle
This seems unlikely to say the least ... something is broken ... can someone tell me what it is?
npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2 npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs npub1f4uyypghstsd8l4sxng4ptwzk6awfm3mf9ux0yallfrgkm6mj6es50r407 npub1gkkahxwca30rf2td22u9p3jnmlh79dylgmm2et0kykftle6tdcysj4zden
npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89 npub153xmex42x4chdf757hp3q6zxagykkek7pdgwuwd074964dkyha9s82ryu8
npub1r00t03pv2kxpes5x676xu3j2e0ag8hmmtzv8et0matxg876tnkgsp5sqe8
This relationship has noticeably decoupled in the current cycle:
- the usd exchange rate has risen from long-term support trend line to the power trend line (red circles)
- the gold exchange rate has remained anchored to the long-term support trend line (red circles)
If gold is a more accurate measure of purchasing power, it can be argued bitcoin has not yet entered a bull-run in purchasing power terms
In gold terms, the power law trend line indicates, if a purchasing power bull-run occurs, bitcoin's price may:
- 2x from here to the power trend line (reversion to trend / no bull-run)
- 5x from here to to 1sd-up line (conservative base case bull-run)
- 10x from here to to 2sd-up line (up-side bull-run)
In usd terms, that's an exchange rate of US$500,000 to US$1,000,000 per bitcoin in a bull-run this cycle
This seems unlikely to say the least ... something is broken ... can someone tell me what it is?
npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2 npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs npub1f4uyypghstsd8l4sxng4ptwzk6awfm3mf9ux0yallfrgkm6mj6es50r407 npub1gkkahxwca30rf2td22u9p3jnmlh79dylgmm2et0kykftle6tdcysj4zden
npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89 npub153xmex42x4chdf757hp3q6zxagykkek7pdgwuwd074964dkyha9s82ryu8
npub1r00t03pv2kxpes5x676xu3j2e0ag8hmmtzv8et0matxg876tnkgsp5sqe8