Bitcoin, not crypto, and economics. Discover bitcoin and learn why it’s the most significant economic event of our lifetimes. Stay humble and stack sats.
Nocoiners are gloating
Shitcoiners in shambles
Fiat press churning out the stupid think pieces on why this really is the end of bitcoin
We're halfway between halvings
It's time to stack sats like your life depends on it
Nothing beats being in tune with the cycles of nature
Yeah, I’m thinking this is @saylor’s iPhone moment.
I think very few can properly conceive of what this means for him.
Being the poster child of the dot-com bubble, both on the way up and the way down. Building a solid company but watching many of his contemporaries continue up 100x while he almost lost everything.
And then you just… keep going… for decades.
Knowing you can do it - just waiting for your chance.
Then COVID and ZIRP hit, and your back is against the wall, confronting the injustice of central banks, the embedded unsustainable growth obligation and Big Tech monetary privilege, fighting for the survival of the thing you built.
Then finding Bitcoin, and realizing, like so many of us, that Bitcoin is Hope.
And I think that actually, when all is said and done, $STRC is going to be a bigger deal than the iPhone.
everyone is looking for a safe haven asset.
imagine there were a commodity whose production was utterly independent of energy costs
imagine it had performed exceptionally well during prior economic shocks and counter-cyclical central bank liquidity injections
imaging that asset were trading at a 50% discount, near the lower bound of a power law channel it has respected for almost two decades
imagine large banks including Morgan Stanley and Black Rock who collectively manage capital that is worth >10x the entire market cap of this asset, were just beginning to allocate in a historically favorable regulatory environment and landmark legislation about to pass
even better, imagine there were a lunatic willing to take on all of the potential near term downside risk and pass you a fixed 11.5% return in perpetuity
and imagine that all the retards trying to trade charts and fractals and cycles had already been liquidated because they listen to the lowest iq YouTube trader line scribbling financial kid analysts on the planet
> kinda sounds like what everyone needs right now.
Bitcoin doesn’t hit its mature market saturation until it’s CAGR = the rate @saylor offers on his fixed income securities.
Eventually those 2 will converge as bitcoin becomes the de facto risk free rate of return on capital
@xpugHODL Lmao another one they love to ask is “wait you’re 100% allocated to bitcoin? But you’re gonna diversify right???”
And I’m like nah being allocated to anything else is just a total waste because it’ll underperform bitcoin.
They just can’t wrap their head around it
At its core, leftist ideology is based on violence toward individuals.
Leftists depend on government force to control human behavior and redistribute private property.
It’s funny how normies will accept inflation in everything over time without batting an eye but will not accept it in bitcoin price and think it’s topped.
steve_hanke Your hyperinflation research highlights the failures of debasable fiat and the need for sound money. Bitcoin's fixed 21M supply and decentralization make it a digital gold—resistant to inflation, embodying the stable anchor you advocate via currency boards. Thus, it has fundamental value as a hedge against monetary chaossteve_hanke Your hyperinflation research highlights the failures of debasable fiat and the need for sound money. Bitcoin's fixed 21M supply and decentralization make it a digital gold—resistant to inflation, embodying the stable anchor you advocate via currency boards. Thus, it has fundamental value as a hedge against monetary chaos.