Arguing that "velocity of money" causes inflation (or has anything to do with it) is EXACTLY the same as a technical analyst trader thinking volume causes the price of a stock to go up.
This is obviously nonsense once you understand the analogy.
Parman - Activate OP_GFY now!!
parman@nostrich.cc
npub1ltt9...k97y
Bitcoin KYC cleaner (it's true), Bitcoin security and self-custody mentor, Bitcoin author, and private key whisperer.
PGP: E7C061D4C5E5BC98
Creator of Parmanode https://parmanode.com
Creator of ParmaDrive https://parmanode.com/parmadrive
Creator of ParmanodL https://parmanode.com/parmanodl
Creator of ParmAirGap https://parmanode.com/parmairgap
Creator of BitVotr Protocol https://bitvotr.com
Bitcoin Mentorship https://armantheparman.com/mentorship
KYC Free Collaborative Custody Service https://armantheparman.com/parmanvault
Lost Bitcoin/Crypto Recovery Service https://armantheparman.com/recovery/
Security Review Service https://armantheparman.com/bsr
Assiter of Boomers https://bitcoin4boomers.com
Essays
You know like when, cos I was the only guy in the room, when you buy Bitcoin at dumps immediately after?
Can we do something about the colour of the candles?


Parman's TLTs (Tyrant Language Tips)...
"Let me be clear" - is supposed to say, "I'm not lying", but it actually means, "I am lying".
and -
"We take this very seriously", actually means "we want you to think we care, but we don't."
Another -
"We've employed a whole range of things", means to say a lot of different things were done too numerous to list, but in fact means nothing was done and nothing can be listed.
another -
"As we've always said", means we've been repeating this line (which is often a lie), and it's going to be used again in this word salad to distract you from what you were asking, making you feel your question was answered and making it difficult to follow up with another.
Sign up for "The Easy Tyrant Weekly" for more.
I am boolish
Feeling cute, might go to the bank tomorrow and request to withdraw $58,000 in cash, a mixture of 20,s and 10's.
I like Nostr
I flinch a little if a waft of cold air creeps in from the foot end of my blankets, while others dunk themselves into buckets of ice.
We are not the same.
If you read one of my essays each time you whip your phone out while sitting on the toilet, you're gonna make it, and in style.
Bitcoin Guides
The price of Bitcoin is reflected by the value assessed by the people that have it, and, WANT IT THE LEAST.
It is not a measure of adoption, just a partial indicator - eg a historical look at cycle lows can give some indication. You can never see adoption in today's price.
It's also important to understand the price is not a justification for the validity of a token to compete as money.
No matter what price a shitcoin may achieve, or the returns it has provided, you should never use that to justify its existence. High price scams are successful scams, and will all eventually fail as money.
Similarly, you should not use Bitcoin's price as justification for it being the best money contender.
So how is adoption measured if it is not with price? Fundamentally, adoption is the size of the network of people preferring to receive Bitcoin as payment for their time and labor, in terms of the portion of that payment they wish to keep as their savings in Bitcoin, rather than convert back to their local government shitcoin... This is not something that can be easily measured and it is not seen with clarity in the price.
By the way you should also not use the price of a shitcoin to attack it, because then you are supporting the idea that price can be used to assess if something is a scam or not.
Tulsi will be president in 2028.
Also, would.
I just dropped this in the lion's den on ETH Reddit after someone replied to me with "Bitcoin was created out of nothing too". Enjoy.
**********
It's convenient to think that because the truth I'm pointing out here in this ETH echo chamber must hurt...
Bitcoin is created by MINING (that had an energy cost, it's not free). Not a single person got special treatment. Satoshi created the PROTOCOL, an idea, from nothing, fine, but really it was INVENTED from a collection of existing ideas like proof of work and crytptography, but he SOLVED the Byzantine generals problem, something previously thought to be unsolvable for decades. But then he mined something that everyone thought was worthless, and gave himself no special privilege, and sold none of his coins, and disappeared and gave Bitcoin as a gift to humanity.
Anyway, the shitcoins then came and COPIED the idea, which is fine, that's not the issue, but ETH was PREMINED, meaning that 80% of the total supply, the fucking TOTAL supply, not just a little bit, was awarded, FOR FREE, no mining, to the founders. WTF. And you people buy it?? Do you even know why Bitcoin was invented?
Learn why.
Documentary...
https://youtube.com/playlist?list=PLBuns9Evn1w-T2RwqMhUnTZbTTe-M-g42
My essays...
*********""
https://www.reddit.com/r/ethereum/s/uwM8cml7rS
Why Bitcoin, Though? – Bitcoin Guides
The Problem With Money and the Solution Explained – Bitcoin Guides
We Are Separating Money and State – Join Us – Bitcoin Guides
Stephen really is a dirty Marxist piece of shit, and is being given way too much speech on mainstream, I mean government, media, I mean propaganda.


What is Bitcoin's price (round your answer off to the nearest 58k)?
GM, Brazil ๐
Daily #WhiteboardNotes


Brazil, hello
21 million Bitcoin, 58k each.
The rules can't be changed.
Fuck I'm stressed. I don't have enough bitcoin.
Someone tell Democrats that the solution to their woes is just to vote for Trump.
They don't even necessarily need to wash the dye streaks out of their hair.
Some people love obeying.
Give them arbitrary rules like, "stand six feet apart".