₿itcain

First principals thinker | Hard money advocate | ₿itcoin commentary daily

[₿itcain @Bitcain21]

All human endeavors are downstream of the money we use.
Fiat systems force degenerative incentive structures, humans competing at extraction rather than value generation.
₿itcoin inverts the incentive structure & grounds us under the laws of the universe- not the laws of man.

[₿itcain @Bitcain21]

@0_3_BTC Maybe at $1M ₿ we’ll start seeing things getting priced in sats

[₿itcain @Bitcain21]

@waleswoosh Long time horizon

[₿itcain @Bitcain21]

@scottmelker Markets price products… go figure

[₿itcain @Bitcain21]

@scottmelker Hmm I wonder why a guy with a gold company would say such a thing🤔

“In other news, local horse and buggy salesmen does NOT like cars! Warning of great danger and risk!!”

#petershill

[₿itcain @Bitcain21]

@Rajatsoni The bottom price can never knowingly be had, it’s a lagging indicator that can only be identified after the fact.
Just DCA and double down on dips if you can afford it, that’s all

[₿itcain @Bitcain21]

The problem with fiat is it requires inflation to sustain the system. Prices going up permanently, by design.
Bitcoin has an inherently deflationary supply issuance, a truly scarce form of money. With deflationary money, prices go down permanently by design.
Your money goes further each year than the year before, incentivizing saving/future planning, and growing prosperity.

[₿itcain @Bitcain21]

@kealeyma @Rajatsoni Crypto wouldn’t NEED to exist without fiat.

Without fiat we’d still be on a hard money standard, inflation wouldn’t be a problem, bitcoin wouldn’t be created in reaction to that problem.

Fiat money necessarily inflates to sustain itself, ₿ is a reaction to that fact

[₿itcain @Bitcain21]

@MacroBombastic @pete_rizzo_ Idk how mass fits in this but Bitcoin is energy backed money so I assume he means ₿

[₿itcain @Bitcain21]

@pete_rizzo_ @pete_rizzo_ What year/decade do you forsee the transition?

[₿itcain @Bitcain21]

@TheBTCTherapist Time horizon is everything

[₿itcain @Bitcain21]

@BitcoinToSaveUs Concentration =/= centralization

[₿itcain @Bitcain21]

@LearnAboutBit1 @fiatarchive And?

[₿itcain @Bitcain21]

@AdamBLiv Concentration =/= centralization

[₿itcain @Bitcain21]

@Strategy @phongle Good start let’s get to weekly next. Also 12% plz

[Samson Mow @Excellion]

Bitcoin is money. Everything else is credit.

[₿itcain @Bitcain21]

@JoeConsorti I got 3 words for ya, @JoeConsorti
Control. Control. Control.

[₿itcain @Bitcain21]

@AdamBLiv It’s like trying to convince yourself the sky is green-
Once you see it, you can’t unsee it. 🔸

[₿itcain @Bitcain21]

@Lea_Moreau77 @BTC_for_Freedom Tell me you haven’t studied Fiat without telling me you haven’t studied Fiat

[₿itcain @Bitcain21]

@dotkrueger This post will age like milk…
I don’t think anyone’s counting on stepping off the ship and having Mars support them, Fred!
It will require infrastructure to be built, but it will happen. “Never” is crazy pessimistic.

[₿itcain @Bitcain21]

@BTC_for_Freedom Actually, we require dual income households for gender equality… right guys?? …right???