Bridging web2 → web3 🌉
I make crypto simple for newcomers while keeping up to date with what’s happening on-chain. Start here if crypto feels overwhelming.
The most powerful financial weapon in history isn't Bitcoin. It's the US dollar.
But that's exactly why Bitcoin matters.
For most of modern history, money has had a control panel. It sits in central banks. It expands when they print. It tightens when they hike. And if needed, it can be frozen, sanctioned, or cut off entirely.
When the US weaponised the dollar - through sanctions, asset freezes, and financial exclusion - it sent an uncomfortable message to the world: money is neutral... Until it isn't.
At the same time, central banks expanded balance sheets at record pace. Trillions created out of thin air. Purchasing power quietly diluted. Savers effectively taxed through inflation while nobody called it a tax.
Then Bitcoin showed up to the party. Uninvited.
Fixed supply. Borderless. Permissionless. No central bank. No passport required. The first monetary network in history that can't be printed at whim, can't be easily seized, and doesn't care who you are or where you're from.
For people in inflation-heavy economies, that's protection. For nations outside the Western financial system, that's leverage. For everyone else, it's a hedge against the possibility that governments and central banks don't always have your interests in mind.
Whether you're already holding Bitcoin or 100% skeptical, one thing is hard to argue with:
Bitcoin isn't competing with gold. It's competing with the architecture of global money itself.
That's not a small idea.
@criscrinkl True. But we may go lower too in the short-term. If it’s a long term buy then your friend can go nuts. But if it’s a trade for money to help their situation - that’s a high risk play.
Yep I understand, but you can bid and elect to pay more to ‘guarantee’ as much as possible that your transaction is written to the block right? So my thesis is institutions will be willing to set that bid at a level to guarantee the transaction and thus raise the fee floor. Yes if the block’s not filled they won’t have to but they can just set the fee regardless right?
Good question. Extended family, mentors, friends, role models. There is definitely something to be said about free-will and your power to choose the type of person you want to be. Buffett said it best - find the people you admire and change your behaviour to match theirs. You can choose whoever you want to be like, so be like the people you admire.
@Emilyy20k Yeah I don’t disagree. Your friends, family and peers can shape you as well. And definitely there are personality traits that are there at birth - having children makes that abundantly clear!
They are buddhists. I assume their parents were buddhists but never bothered to ask as it doesn’t matter.
If religion helps you with values that’s great. But I’ve never understood god-fearing. Why should I fear god if they exist? And the people that tried to sell me on Christianity always used hell as the key selling point. All you need to do is believe and you’ll go to heaven. Commit sibs, repent and you’re good. Those were the messages I got from those trying to save me. None of those aligned with my intuition or belief systems.
If religion gives you comfort, peace, a sense of community or any number of positive things then great. I’m happy for you and these are all positive points that religion can bring.
Hedge. Buy half now and leave half of it happens to fall to $53K. Best of both worlds.
In my opinion, barring a left field event like the US deciding to default on its debt or world war 3, we are at bottom - purely because everyone believes with greater certainty that we are going lower this time. Markets have a way of burning you in these moments when consensus appears so ‘certain’.
Random question and different from the usual post content.
I live in a very quiet street with barely any traffic as it’s a dead end. Tonight as I was driving along a car was reversing out of their driveway. They stopped and I kept going straight. As a person in the opposite position this is what I would prefer to happen - they keep going and I can take my time with my reversing.
It did make me wonder though. If you were in that other car - would you think that was rude or would that be the sensible thing to do?
Note if it was a busy road my inclination would instead be to stop and let them get into the road (assuming it was safe to do so).
What’s everyone think?
2017 was the peak for ICE vehicle sales and the chart is clear, it’s been downhill from there ever since and that’s accelerated rapidly since 2025. It is indeed only a matter of time. I agree it should be through choice and nobody should be forced to change until they’re ready - and that’s what we’ve seen so far. Walking my daughter to school today and walking along a main road breathing in noxious fumes, I personally can’t wait for the day we are fully switched.
It doesn’t need to do anything other than its primary purpose as an alternative means of ‘money’ - a censorship-resistant, secure, and decentralised peer-to-peer cash system and ledger for transferring and storing value without the need for a middleman. That’s it. It does not try to be anything else nor does it need to be. What it does have going for it is security through PoW and scarcity based on its hard cap. It needs no other utility in my mind to get away from the broken fiat system that is constantly debased and has limitations when it comes to global transactions.
Not to degrade other things like Ethereum which introduced smart contracts and allowed all the weird and wonderful things that have sprung up since. Both have their own special forms of utility.
@JM_speakss So don't go all in. Just allocate 1-3% (or more depending on risk appetite), that way he has exposure without risking his whole NW. It also helps to buy the bottom rather than a euphoric top.