What I'm watching... 👀 #Nasdaq stocks ( $QQQ ) in the US have absolutely crushed it relative to most other equities over the past five years, rising a whopping +158% in US dollar terms! However, they have actually decreased -55% in real (neutral energy money) terms over that same time period. Understand that how you measure your life is extremely important and relevant for a better future. False weights, measures, and money--like government fiat currencies--give you a distorted and misleading picture. #Bitcoin is better money for a better world. image

Replies (17)

Wilco's avatar
Wilco 1 year ago
It's the ultimate deception, and the vast majority of people fall victim to it.
Having the appropriate unit of account / understanding of the cost of capital (bitcoin) helps in a variety of ways. For example, we’ve compared every financial decision we’ve had to the opportunity cost of Bitcoin. This has forced us to be extremely judicious with our decisions, overall improving the quality of our allocations.
I would imagine there’s a similar forcing function for you as a Hedge Fund Manager. Most fund managers aim to outperform typical benchmarks like the S&P500, but you have the almost impossible task of trying to outperform Bitcoin.
why is everyone waiting on friday jobs #'s? they will only be revised....#marketmanipulation, taking money from short term traders is the name of the game....think #longterm and stack #sats #bitcoin View quoted note →
Cosa Nostr's avatar
Cosa Nostr 1 year ago
Realizing that so far in practice there is *no* unit of measure for _value_ is wild. But #Bitcoin *will* be that unite of measure
Jeff's avatar
Jeff 1 year ago
Hmm, I don't understand the fascination with BTC— a better currency for better people? I've been in BTC since 2012, and all I see is a decline in values and greed, which doesn't inspire optimism.