You’ll understand the world better if you looked into it from a game theory lens. No one can be trusted unless they’ll get something out of it. Every player has an incentive model and their behaviours are guided by it.
The entire system we live in is a value extraction scheme. How to avoid getting value extraction? Just question every decision whether it’s based on a narrative to steal your time and money.
So the question is; so what? So what if you know so much in how money or the financial system works. If the goal is still to accumulate as much money as possible as that is “voice” and the only empirical method to do that is to deceive people into giving you their money. Then there is an obvious conflict of interest; to fight for fair money but the only way to obvious money is still to literally steal from other people. The system has always been unfair. People that are rich stole and fair money would never change that; it only cuts off a tentacle.
Our broken money is a result of our core system behaviour which is to steal from each our in a closed economy.
Stealing became centralised. Bitcoin stops this but it doesn’t change the underlying core behaviour. We are just going to invent new ways of stealing. You’ll never gain an upper hand being honest. Honest money existence is unnatural in a dishonest system.
To thrive, you have to steal.
Can someone educate me why mstr is still a positive convexity play? Whenever mnav goes up, saylor dilutes. Whenever strc goes up, saylor buys more BTC. Looks like the asset that benefits from these activities is just BTC.
@BrianSozzi It will start moving when the price is right. There is a price to every risk. This added friction just caused the equilibrium price to spike up.
People will soon learn that the cost of electricity/power is greatly dependent on transport cost. Stranded power can be used to mine bitcoin (digital energy) and transported anywhere within minutes. Countries with natural supply of oil can decide not to supply oil and use it for themselves with this option (mining bitcoin). Mined bitcoin can be used to support their economies if the alternative is a bitch.
@LarkDavis Stop buying the ETFs. If this isn't already clear enough. BTC natural habitat is outside the regulated system. Anything that touches the regulated system gets manipulated.
Large institutional and the wealthy have realised that bitcoin is a concept that cannot be destroyed and the time to be able to manipulate prices is also coming to an end. They have to rotate out of their useless metals and buy bitcoin