#AskNostr I've decided to create my own Strategic Bitcoin Reserve. Just like the U.S. government and Peter Schiff, I'm developing a budget-neutral strategy for acquiring my bitcoin at no incremental cost. Phase one of my strategy is inviting contributions to my reserve. lnbc2100n1pnucf7app5hvjtum9a0j9h70y5xvatlhwfwgay708lag2av9978ws035kzu25shp5tl4mmqc8aumkc5gj4j8y304l8s8rm75033q6v22yx8cu69z3w02scqzzsxqyz5vqsp5uq38puffv25sz369yvd93unrpx5n9563h64l2qrurcd87sj0yj9s9qxpqysgqplk6w7fplw3lpdg38y7mp3ggjvl38z9euamkpumnqjv306gufh2xujum0w9xh2g92agsk2hrnn7s34qatg0tfycy2lu3pw7h2h2w8usp56sx4h

The best thing about USG acquiring a strategic bitcoin reserve is that it will now learn the concept of opportunity cost. Dollars have an opportunity cost of ~0 since USG can print them on demand, so everyone in USG has for decades learned to never worry about costs, and never have to make trade-offs. That's why USG spends trillions of dollars every year on horrific things. But there are only 21 million bitcoin, nobody can make more, and everything you spend comes at the cost of more bitcoin. Once you start calculating the opportunity cost in terms of bitcoin forgone, and the appreciation of the market value of these bitcoin, the vast majority of USG spending begins to look really stupid. Most bitcoiners can tell you many stories about how finding bitcoin has helped them eliminate all kind of frivolous and wasteful spending. Now apply that to USG, and you could conservatively estimate that 90% of its spending would not pass the bitcoin opportunity cost test. Everything will be weighed against bitcoin and almost all of it will be found wanting. Most bitcoiners imagined that bitcoin would destroy the value of the dollar and bankrupt USG. But if bitcoin merely teaches USG to spend responsibly, that on its own could go a very long way toward eliminating most of its evils. Truly, #Bitcoin fixes everything.

#Bitcoin at $1,000 was too expensive, so I didn’t buy. Bitcoin at $10,000 was too expensive, so I didn’t buy. Bitcoin at $100,000 is too expensive, so I won’t buy. This is the philosophy of those who never get on the train.

DeepSeek is Omega-Bullish for #Bitcoin The Nasdaq is crashing in pre-market trading and dragging Bitcoin down with it. But this correlation is only temporary. The current narrative: DeepSeek is revealing how overvalued U.S. tech stocks are. On the brink of a revolution in AI and robotics, U.S. stocks seemed like the best investment option. But what does it mean for the valuations of U.S. tech companies when Chinese firms can deliver similar innovations at a fraction of the cost? My assessment: This is likely just a temporary correction in market sentiment. Similar to the Yen carry trade or “Middle East war fears,” which pushed weak investors out of the market before the next rally began. The bigger picture: We are heading into an era of unprecedented technological innovation. Companies considered safe winners today could be displaced overnight. Storing wealth in stocks is becoming increasingly risky. This "DeepSeek shock" should serve as a wake-up call – for anyone planning to park their life savings in stocks. - Can you trust that the companies you’re invested in won’t be disrupted overnight? - Which firms will be able to maintain their competitiveness in an era of ever-cheaper AI and robotics? “That’s why I invest in index funds.” If you buy the Nasdaq, you’re betting on the U.S. But what if China takes their business? Or what if the U.S. heavily devalues the currency in which the Nasdaq is denominated? These questions are difficult to answer and highlight the core problem: Where can we safely store our wealth for the long term? Bitcoin is the solution to the problem of value preservation. - Bitcoin doesn’t change. - Bitcoin cannot be disrupted. - Bitcoin cannot be seized or devalued. In an era of rapid change, Bitcoin’s boring predictability is its greatest strength: - Limited supply. - New blocks every ~10 minutes. - A security network tied to real energy expenditure that cannot be replicated. Stocks rely on the uncertain foundations of the market and are vulnerable to the shocks of creative destruction. Bitcoin, on the other hand, is the solid foundation on which you should build your financial future. This is not yet understood – let alone priced in. Stocks are still the consensus store of value. But I expect more and more investors to realize that the coming technological revolution requires a new approach to value preservation. History shows that investor beliefs change: - In the past, people stored value in savings accounts, gold bars, or war bonds. The best ideas of past eras often look ridiculous in the future. I believe the idea of blindly investing in stock indices will one day be seen as a stepping stone toward the “ultimate” store of value: Bitcoin. Celebrate creative destruction Let global companies innovate and lower prices for everyone. This should bring us joy – not fear, just because it disrupts stock markets. Hold Bitcoin, embrace creative destruction – and go outside.

The cycle goes over and over again #Bitcoin only #Memestr

A low IQ person that owns #Bitcoin is more intelligent than a high IQ person that does not

"My money is in the bank" 1. It's not yours 2. It's not in the bank 3. It's not money

Funny how the people sitting closest to the money printer are the biggest #Bitcoin haters. Must be hard to watch your scam get exposed.

Still on the orange-pill path! @bitcoin.rocks

I’m not interested in how many people got RICH by saving in Bitcoin. I’m interested in how many people were FREED by understanding #Bitcoin .

#Bitcoin is vengeance.

Have you ever thought to yourself, "I wish I had..." bought bitcoins early bought the dip held learned about crypto early ignored FUD But when the opportunity presents itself again, will you act? Today is earlier than all the days to come. 🤷‍♂️

Props to The #Bitcoin Therapist. Who else can relate? 4 years ago I discovered Bitcoin for the first time. I gradually and then suddenly began emptying my savings - until I was so fiat poor I could barely afford to pay my bills. Most of you think I’m an OG but I’m literally a pleb that got wrecked during the 2020 cycle. My conviction was set in stone about 2-3 months in. It didn’t take long. I’m an all or nothing person with everything. I never half ass it. The bear market was easy for me because I was prepared to go down 75%. I told myself if I lost everything betting on a magic internet currency I would be happier than if I died a slow fiat death at my 9-5 week in and out. The math made sense to me and that was enough. The current system did not make sense to me. I couldn’t understand why I needed to work for 40 years just to save enough to barely retire with health issues. That’s what inevitably did it for me. The same job every day at the same location with the same mundane routine with the same depressing outlook. I had to change it up. I went all in on Bitcoin. Me and my girlfriend quit ours jobs to travel and move around. We took time off and reinvented our lives. Now we live in new states, travel frequently and are much happier. This was a major change in our lives, it put stress on our relationship and it was at the depths of the bear market. Ultimately this led to us being happier and opened up a whole new world of possibilities for us. Four years later, I can honestly say the Bitcoin maximalists were right. Listen to the maxis. Don’t fuck with shitcoins. Work hard, earn honest money, take breaks, travel, touch grass, save in Bitcoin and stay humble. I’m only 4 years into my original 10 year plan. I’m not planning on selling anything until then. When you understand Bitcoin it will fundamentally change who you are as a person. There is no arguing this. It will alter your DNA. I’ve never been more bullish or excited on the future of Bitcoin. I believe it is a better investment today than it was 4 years ago and I imagine a million dollar bitcoin price is in the near future.

The last gm of 2024 Gm #Nostr #CoffeeChain #Plebchain

Buying a $4k DateJust does not communicate status to the people whose approval this advice is courting. It may communicate a crude kind of ambition, but it also communicates posing and a bit of desperation . Kind of like owning a C Class Mercedes “communicates” that you bought the cheapest model. On the other hand… If you’d have bought a modest, unassuming Timex automatic for $200 in March of 2020 and used the remaining $3.8k to buy 1 Bitcoin, you could have a decent Submariner now and put the remaining $85K to use on an appropriate networking/career wardrobe to fit the watch and your aspirations. Or. You could have just kept the 1 #BTC, stuck with the Timex, and realized that the outward trappings of wealth aren’t what ultimately make you successful at work or at love.

#Bitcoin is portable wealth, You can "opt out" of any Government, and instantly take your net worth somewhere else. You can't do it with real estate. Takes time to sell. Stocks are faster, but moving large sums via banks doesn't work. Imagine you move to Iceland. You open a bank account and try wiring 10 million in from a US account. Likely outcome: you will be flagged as a money launderer / criminal and the money will be blocked. Try moving 10 million in gold. That's 240 pounds. Not exactly inconspicuous. Bitcoin doesn't need to transfer. You can just use it, wherever you want. That's something completely new. Something that has never existed before. One of the reasons why it will dominate all other assets. Portable wealth. Think about it.

I need that badge sir

My wife knows that i don't give a single F about material things. She insists every year and keeps wanting to make me a gift. Take a look at her gift for my birthday. Enough Orange-pills for many matrixed Normies. The Sats you #Plebs #Zap me will land on her wallet. She's definitely a keeper. #Zapathon

#Bitcoin will do to Banks what email did to the Post Office.

Honestly I’d love a #Bitcoin flash crash down to $58k for old time’s sake…