@mattkratter you were once a great educator matt. why so much hate now? it’s just a company doing what’s best for its shareholders by buying bitcoin, just like you’re doing what’s best for your family. don’t let hate consume you. you’re better than this.
anthropic and openai want an fda for ai so they can use regulation to entrench themselves and squeeze out open models. that’s what this whole psyop is about. they won’t succeed.
if you’re thinking like well someone’s gotta buy these scam tokens for the price to move, you’re dead wrong. it’s mostly liquidity providers sitting on exchange APIs like vampires, programmed to react to every bitcoin move.
humans have almost no intuition for exponential state spaces. a 24 word bip39 seed represents 256 bits of entropy which is like 2^256 ≈ 1.16 × 10^77 possibilities. just guesss the words sounds plausible only because the human brain is catastrophically bad at comprehending combinatorial scale.
@jack@OpenTable i book all of my restaurant reservations on opentable. imagine i can book my reservation and pay with bitcoin without the “can i get the check pls drama”. that would create so much efficiency end to end plus it enables millions of restaurants to be able to accept bitcoin.
humans have almost no intuition for exponential state spaces. a 24 word bip39 seed represents 256 bits of entropy which is like 2^256 ≈ 1.16 × 10^77 possibilities. just guesss the words sounds plausible only because the human brain is catastrophically bad at comprehending combinatorial scale.
about 250k bitcoin left to mine before the next halving. after that, the entire 4-yr halving cycle will produce only about 300k btc. no chart explains it better than the simple truth itself.
bip110 failed. period. move on. don’t be hostile to the bitcoin network. if you don’t like pow, too bad. go create your own shitcoin and mine the fuck you want.
everyone keeps trying to predict bitcoin’s price like we have no historical reference. we actually do.
look at star island in miami beach. it’s a tiny man-made island with only about 30 waterfront homes. for over a century it’s been one of the scarcest pieces of real estate in the world.
as more wealth was created, more of it flowed into the same limited supply of homes. star island didn’t just keep up with inflation. it absorbed an increasing share of global wealth because supply never changed.
a few examples…
- 1999: rosie o’donnell bought a waterfront home for $6.75m.
- 2003: she sold it for $16.5m.
- 2009: shaq’s waterfront estate sold for $16m during the financial crisis.
- 2025: that same estate sold again for $120m.
bitcoin shares the same core characteristic:
- absolute scarcity.
- fixed supply.
- impossible to dilute.
no analogy is perfect but star island is one of the closest historical analogs we have to bitcoin. when a truly scarce asset becomes a global store of wealth, history shows us what can happen over the long term.