Kevin.Stacks

Family • Investing • $BTC

[Kevin.Stacks @layeredstacks]

Some thoughts on $BTC being down during this historic stock bullmarket:

If $BTC is an emerging Store of Value for a digital first world, then it makes sense that it's selling off in order to fund the intelligence layer of the digital world.

IMO this is not $BTC breaking.

Capital that was stored in $BTC is now redirecting towards a new frontier. This makes complete sense.

Especially when you consider who the largest $BTC holders are. Who are the whales?

At a minimum they are individuals who understand the digital world, assymetries and world changing technologies.

AI is that next opportunity. The market is showing us that.

So what does this mean for $BTC? Capital is redirecting towards growth in AI. Capital does not to be stored right now, it needs to be used.

Although it's not what what any of us "Bitcoiners" want to hear, I think this is the most simplest high level explanation of what's happening.

How long will this last is not the right question IMO. Because timing these things is for forces beyond most of us.

The better question I think, is what is the role of $BTC on the other side of the build out of this digital world?

I think $BTC will emerge as the premiere store of value and pristine collateral of the digital age.

At some point the digital economy will begin storing capital in $BTC. And right now you can buy into that network at a $1.3T valuation.

Which raises an interesting question. How much will that network be worth when it fulfills it's true role?

This is the correct framing IMO.

[Kevin.Stacks @layeredstacks]

@Carlo720 I missed the first dip into $60k. This time I'm doing what I can with what I have.

[Kevin.Stacks @layeredstacks]

I'm $BTC class of 24. This is my first real bear market. Is it always this toxic?

[Kevin.Stacks @layeredstacks]

@figarotactic Shit I'm not ready for that. I need to get myself ready.

[Kevin.Stacks @layeredstacks]

@MercurialDad So where do you stand? Are you a Bitcoiner?

What are your thoughts on where we're at.

I've been very interested in BTC since 24. I have never seen this Joe Biden post. While I do worry about BTC being captured I haven't really gone down that rabbit hole.

[Kevin.Stacks @layeredstacks]

@jaytoppp Right now it's rough. But I'm in it for the long run. I'm all in.

[Kevin.Stacks @layeredstacks]

@matta_tpa @sunny051488 I like this take Matt

[Kevin.Stacks @layeredstacks]

@BittyCent21 Lol might have to get a second job at this rate

[Kevin.Stacks @layeredstacks]

@bobbobbob614 Bro we hit $40k and I'll have some serious explaining to do to my wife.

[Kevin.Stacks @layeredstacks]

@arreguinleo10 Bottom territory at least?

[Kevin.Stacks @layeredstacks]

@GlendaP63126819 Will do, thanks Glenda

[Kevin.Stacks @layeredstacks]

@ThisDayOnWallST Damn. Okay, i need to prepare.

[Kevin.Stacks @layeredstacks]

@Paws1t1veEV I'm getting to many of these comments. I thought we had capitulated already. 🤯

[Kevin.Stacks @layeredstacks]

@lazr_55 True, thank you Larz

[Kevin.Stacks @layeredstacks]

@fiddlee_dee_dee Lol thank you. Guess I'm earning my stripes.

[Kevin.Stacks @layeredstacks]

@MaccoyMo I hear 22 was a brutal one

[Kevin.Stacks @layeredstacks]

@TomT151373 Haven't been around for long. I read about these drawdowns. But living through it is totally different game. I'll learn.

[Kevin.Stacks @layeredstacks]

@FishAndFix Definitely not!

[Kevin.Stacks @layeredstacks]

@disrupt717 It just feels like when the enemy is at the gate, we shouldn't be turning on each other. Then again, I'm still fairly new to this. So what do I know.

[Kevin.Stacks @layeredstacks]

@bvx6x Thanks B

[Kevin.Stacks @layeredstacks]

@cryptobearcat1 Thank you. And honestly I have no choice. I'm here for the long run.

[Kevin.Stacks @layeredstacks]

@MercurialDad NGL you just blew my mind. WTH?

This is so random, why would he post that? And just like we drew it up?

Weird. I'm skeptical enough to not believe in coincidences