Good to be back, fellas. 😂
BoomTown
npub1h4lr...2jcm
scarcity requires trade-offs.
Notes (18)
Spoiler: there was a lot of stuff that kept a face melting bull run from manifesting in the next three months.
nostr:note16lcaqky9rzlerpqyd6p7ex0jpwvlsnt68flhpul0rku000lxj32sw2mrnj
What’s the 70-year inflation rate on bricks?
//alarmism!!!
“Give me more fiat $$$.” -Musk
nostr:note1fvz6uyq3ghwr72hktuxtre5xwm6y7tt83u3h9dwt3v3qp9zd2fcsygn4xw
Our guy!
nostr:note1krp7ndavrkmjmxkh86hnqhf7z20d7js8kqkv0m9vftye2vlw0yaqt4r9wn
164,362.5 newly issued bitcoin per year.
OVERPLAYED: the concept of “diminishing returns” in bitcoin price appreciation
When capital allocators, working on behalf of thousands or millions of people start buying bitcoin, the effect will be greater in magnitude and velocity than individuals buying bitcoin in retail markets.
Short term supply is trending down…tick tock.
The class of 2021 hasn’t been rewarded for our hodling through the longest bear market in Bitcoin’s history.
Coinbase is this cycle’s FTX
Absolute scarcity, I hardly knew thee.
Same energy:
https://youtu.be/hWMnbJJpeZc
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How humbling it must be to be a fiat billionaire, recognize Bitcoin for what it is, and not be able to control the price action.
Unless you’re Trump and Lutnick…then you fucking control it. What the fuck are you doing?
Puhmp it.
Coinbase is fucking gay AF
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He fought the good fight. RIP
nostr:note15dh2cwuc3g69werm8gay772ldxq22pp4u9wgyzzhmayjv2v30gpqvzwun7
Seriously assholes. Just start worrying about NGU … everything else takes care of itself.
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Only question is when…sucks for them. Haha.
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Bitcoin replaces the Federal Reserve.
“Bitcoin sets the cost of capital!”
“Sats flow!”
Only if NGU.
Storer of value? Medium of exchange? Unit of account?
Only if NGU.
Perhaps all the rich bitcoin OGs should return to their roots and remember that there is an entire generation of bitcoiners who have been in - some all-in - for 4+ years and all we have is a stupid “bitcoin $100k” hat.
Absolute scarcity needs to do its thing. The fact that it hasn’t yet shows that while bitcoin influencers circle jerk with podcasts and venture capital firms, the credibility of bitcoin as money is being interfered with by Coinbase, binance, and the like.