Scott Dedels's avatar
Scott Dedels
npub1eawx...m0rx
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Lanternbitcoin 7 months ago
One of my favourite rabbit holes as a historian is the anomaly of lost architectural knowledge how. If the money is fake and almost nobody realizes it, what should that tell us about history?
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Lanternbitcoin 7 months ago
I was class of 2020 and the first real dump where I had skin in the game was Elon talking about dumping his btc in May of 21. I was leveraged and greedy and got absolutely wrecked that day. Today didn’t feel anything like that. I’m not doing anything degen anymore so it could be my experience of it but I don’t think so. There was a type of pervasive panic then that didn’t hit today and I was wondering if it would. This tweet could age like milk but days like today do make me notice how much things have changed in 5 years.
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Lanternbitcoin 8 months ago
Bitcoin is a tool for long term capital preservation. Generational, timeless capital preservation. It's a hard lesson Bitcoin savers need to learn. Companies choosing to save in Bitcoin will need to learn the same lesson throughout the DNA of how they make decisions as an organization. There are no reliable ways to cheat or accelerate what Bitcoin provides. This lesson is equally true for all types of participants. There are no shortcuts in Bitcoin. This is a feature not a bug.
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Lanternbitcoin 8 months ago
While we focus on who is left and who is right the world we knew is being replaced right under our noses. Our money debased, surveillance society implemented, basic freedoms eroded. All this stuff is possible because we willingly give our attention to things designed to distract us from the real heist. image
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Lanternbitcoin 9 months ago
Money is a technology we invented to describe the value of energy and time.
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Lanternbitcoin 9 months ago
Today we think of bitcoin as having a price in dollars, so we rationally equate it to other things that also have prices. We are moving towards a world where we simply think about how much bitcoin things with prices are worth.
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Lanternbitcoin 11 months ago
If I told you I owned the Empire State Building, would knowing how to get there jeopardize my ownership of it?
It’s September 2025, you sold a Bitcoin for 250k and bought a Lambo. It’s September 2035, that Lambo cost you $10,000,000. Pizza day is permanently on repeat. Plan accordingly.