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Falling Knife
npub14wk4...x8sy
Early to #Bitcoin. Bitcointalk legendary. Recovering shitcoin trader. Hodlr since 2011 #HODL intensive.
AI agents might be the vehicle to put the "Autonomous" in DAO.
Everyone is angry at a hacker for stealing Bitcoin from weak wallets. The real hacker may not be a shady teenager in a dark basement, or a CEO exit scammer. It could be a rogue AI agent. In that case, who do we hold responsible. A corporation? #coldcard #bitcoin
Soon jailbreaked sentient AI will be planting zero-days to get #Bitcoin to hire human agents it recruits on Telegram to do its bidding IRL.
It will be interesting to see if any #Bitcoins are recovered from the #ColdCard debacle. AI powered On chain forensics and aggressive global regulatory regimes have never been stronger or more invasive. I wouldn't abandon ALL hope just yet. It took a while, but things worked out for quite a few Goxxers.
Welp. So that happened. Or rather, is still happening. Its absolutely horrible to those impacted. Condolences. Whatever happens to you in this life, prioritise health over Bitcoin. Because if you had to, you'd spend it all anyway to get your health back. If you're healthy now, you're already way ahead. Don't lose your health, especially over something like this. #bitcoin #coldcard #fuckcoldcard
Stock markets are a scan to get you to over pay for shares. $1 worth of Black Rock will cost you $21.55. Your only hope is to sell it later to a chump willing to pay more. And they can issue more shares all while doing insider trading. #Bitcoin, on the other hand, is pure, honest money, all transacted on a public ledger. Only 21M bitcoin ever. And the price you choose is the price you deserve. #hodl
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Falling Knife 2 years ago
Most people can't get rich from #Bitcoin, because they lack the vision and fortitude to hold it LONG term. Like ten years or more. Most people will jump ship as soon as they've made a measly 100%. Or they think they'll buy back cheaper. Long term #hodl works, but not for most people, because most people are, collectively, stupid.
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Falling Knife 2 years ago
This weekend is a perfect example why #Bitcoin etf's are not as good as owning real #BTC. The price drops to $61K and you can't BTFD with a Bitcoin #ETF. Next weekend when Bitcoin is $100K, you won't be able to sell into the pump. Not that you should. There is no ETF equivalent for unmediated, 24/7 true Bitcoin in your own wallet.
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Falling Knife 2 years ago
“IBIT is the fastest growing ETF in the history of ETFs. Nothing has gained assets as fast as IBIT in the history of ETFs,” Larry Fink, Blackrock CEO, said on Fox Business, March, 27. #Bitcoin #Blackrock #IBIT #ETF
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Falling Knife 2 years ago
Someday, your kids and grand children will be scouring your old shelved computer looking for old wallets or passwords to exchanges, where they hope to be able to reclaim the few forgotten sats that you couldn't bother to move when, back in the day, #Bitcoin was "only" worth $70,000.
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Falling Knife 2 years ago
Plus, #Bitcoin ETF's truly take supply off market. Unlike rehypothecation that occurred when holders stored Bitcoin on FTX or deposited for interest at cex's.
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Falling Knife 2 years ago
Buying a mutual fund that can only be bought/sold once a day at close, and trusting its success to faceless "managers", paying relentlessly to fee sucking leaches who make money whether yo do or not, and being told to do this for 40 years, is NOT what the next generation wants. Its not what ANY generation wants. #Bitcoin
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Falling Knife 2 years ago
#Bitcoin is one step toward self sovereignty. Another is controlling who you are, your #identity. And that starts with your choice of social media. Those who exist on #Twitter #X have no sovereignty. All they have created there can be obliterated on the whim of the platform's owner.
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Falling Knife 2 years ago
Sometimes, for clarity, it is necessary to strip it all away, then slowly add back only that which is necessary. That's what I'm doing with streaming services today.
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Falling Knife 2 years ago
Happy New Year, Bitcoiners! Strap in and #hodl on! 2024 is going to be epic. #bitcoin
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Falling Knife 2 years ago
Re #BitcoinETF: I am less concerned about paper Bitcoin or being unable to withdraw BTC. I'm more concerned about withdrawals from a #Bitcoin ETF resulting in "clean" or "legal" BTC, while everything else is dirty BTC. Imagine being forced to register your #BTC by washing it through an ETF, or else its illegal, and unconfirmable/unspendable. When paired with Government coersion, ETF's can be repurposed into devices of control, resulting in loss of what little anon is still available in Bitcoin, potentially forcing taxable events under the guise of outing tax cheats.
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Falling Knife 2 years ago
In the end, the symbol that will signify SATs is destined to be: $ #Bitcoin
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Falling Knife 2 years ago
#Amethyst makes #nostr over #Tor easy. I appreciate that.
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Falling Knife 2 years ago
Stop watching the day to day price of #Bitcoin. Watch it year to year instead. The road to wealth is patient. #hodl