i encourage everyone to make at least one personal, artistic edit in their lives. it is a medium which is unique to the period in which we live and we ought to use it more whilst we're here
@ars_critica A aura farmada por Olavo em vida ainda brilha igual um poste de luz branca na rua, mesmo apĂłs a sua morte. Ă sempre uma experiĂȘncia assistir a reação de diversas pessoas ao seu nome.
đš All you need to read to break free from Saylorâs fiatised Bitcoin narrative is this:
Most conversations about Bitcoin in public markets (like @saylorâs) are surprisingly shallow. They tend to revolve around a simple narrative: Bitcoin is scarce, large institutions are buying it, and therefore the price will continue rising. That explanation is easy to understand and it attracts capital, but it misses the deeper reality of what Bitcoin actually is and what it is becoming.
Scarcity alone does not explain Bitcoinâs value. Scarcity is a design constraint, not a thesis. Throughout history many scarce assets have existed that never developed lasting economic importance. Scarcity without utility simply produces speculative bubbles that eventually collapse under their own weight. When Bitcoin is reduced to nothing more than a fixed supply asset with a 21 million coin limit, critics are correct to question its long-term sustainability. In that framing it looks indistinguishable from any other scarce collectible.
Bitcoinâs real value comes from something much more fundamental; it is the first global monetary network that allows value to move with the same permissionless and deterministic properties as information. Transactions settle without counterparties, without trust intermediaries, and without the risk of dilution by centralized authorities. It is not merely a digital commodity, but a protocol for economic coordination.
This is why understanding the difference matters.
Saylor is wrapping Bitcoin in the very perpetual fiat mechanisms that many came to Bitcoin to escape. He has effectively âfiatisedâ Bitcoiners under the guise of financial engineering.
Real progress for Bitcoin in the capital markets isnât financial engineering dressed up as innovation. Itâs building directly on Bitcoinâs network, creating BTC-denominated cash flow, generating real BTC-native yield for shareholders, and strengthening the system rather than extracting from it.
Right now, financial instruments (like $STRC) are being treated as the innovation, while the protocol itself becomes secondary. That inversion of priorities reveals a form of fiat thinking that Bitcoin was designed to challenge.
Bitcoin ultimately enforces reality through mathematics. It does not accommodate narratives indefinitely. When financial structures become detached from itâs underlying economic truth, the protocol has a way of exposing the mismatch.
This is what we are seeing today. Saylorâs model is simply the first iteration of Bitcoin in modern finance, attempting to force a revolutionary asset into a legacy fiat wrapper. It will ultimately fail because their core principles are entirely opposed, and the cracks are already showing.
Bitcoin wins by extending finance natively, not by submitting to outdated fiat structures. The fiat-driven opportunists dressed as âBitcoinersâ will get flushed out. Itâs all part of Bitcoin's evolution and a lesson the market has to learn.
Remember why you came to Bitcoin.
Gaethje absorbing the Faustian Spirit from the deceleration of independence before beating the breaks off Topuria as a +350 underdog is just further proof this nation has a mandate from heaven
@DuquesaDetax Duquesa, o que vocĂȘ acha da proposta do Renan Santos em alterar alĂquota do imposto de renda baseado na % de gordura corporal com limite mĂnimo de 10% para homens e 15% para mulheres (para desestimular a anorexia)?
14/ History's lesson is uncomfortable but consistent.
Whenever a civilization develops a technology powerful enough to drop prices for a generation, the political and monetary class finds a justification to capture that windfall before it reaches the people who built it.
AI is too valuable a dividend to leave to the consumer.
So they'll print over it.
And they'll call it sound policy.