Probably Nothing

The first lesson of economics is scarcity... The first lesson of politics is to disregard the first lesson of economics. - Thomas Sowell, on Fiat Currency

[Probably Nothing @PROBABLYN0THING]

I want to obtain much #Bitcoin as possible. Will I stack more #Sats if I buy a miner or buy spot?

This 🧵 walks through thinking and modeling the decision.

TLDR: It depends on your assumptions, but under current conditions, I'm buying spot.

🧵 1/18

[Marty Bent @MartyBent]

Grown men with children are writing notarized letters to people demanding their ape jpegs be respected.

Interest rates aren’t high enough.

[Probably Nothing @PROBABLYN0THING]

@MarkYusko 👀

[Probably Nothing @PROBABLYN0THING]

Probably Nothing

[Marty Bent @MartyBent]

Do you think your tax dollars are being allocated efficiently, anon?

[Probably Nothing @PROBABLYN0THING]

Probably Nothing

[Joe Carlasare @JoeCarlasare]

Probably something 👀

$DXY

[Probably Nothing @PROBABLYN0THING]

@MarkYusko Yeah, Probably Nothing...

Also, dude, you stacked for 10 years and here in 2024 it's only 50% of your net worth?

Either did not stack hard enough or sold a ton of bitcoin

[Bit Paine ⚡️ @BitPaine]

This is the best visual demonstration of the Cantillion Effect that you will ever see.

[Probably Nothing @PROBABLYN0THING]

Probably Nothing

[Probably Nothing @PROBABLYN0THING]

@River $76,208.10

[Probably Nothing @PROBABLYN0THING]

Increased Fossil Fuels? Right Wing? Climate Catastrophe Deniers? Utilizing stranded and Wasted Energy? Immutable and decentralized money?

This is a great #Bitcoin advertisement. Sign me up!!

[Greenpeace USA @greenpeaceusa]

BREAKING: @GreenpeaceUSA just released an explosive new report exposing the deep ties between the fossil fuel industry, right-wing climate deniers, and the growing lobbying network pushing a plan to save dirty coal and gas plants with #Bitcoin

READ NOW: https://t.co/zXpeHg6LkB

[Probably Nothing @PROBABLYN0THING]

Confirmed, probably nothing.

[Preston Pysh @PrestonPysh]

Probably nothin’

[Probably Nothing @PROBABLYN0THING]

Probably Nothing

[Probably Nothing @PROBABLYN0THING]

@PrestonPysh You have to value in sats per share, and even then there are a lot of assumptions, especially based on the ability to raise capital and issue shares

[Probably Nothing @PROBABLYN0THING]

Coinbase has sold more Bitcoin than just about any institution and barely holds any on its balance sheet.

Would be great if they did an MSTR, but it would be a 180

[Probably Nothing @PROBABLYN0THING]

Probably Nothing

[Michael Saylor @saylor]

#Bitcoin is Digital Property. It is superior to other investments such as Gold, Equity, or Real Estate because it is digital, available, global, ethical, & useful to millions of companies and billions of people.

[Probably Nothing @PROBABLYN0THING]

"Trust the experts"

[GregZaj1☣️ @gregzaj1]

@danroberts0101

[Anil Patel @anilpatel]

A 34yr old Michael Saylor describing how he convinced DuPont to front him $100,000 cash to build MicroStrategy at 24.

[AMERICAN HODL 🇺🇸 @americanhodl8]

Me when somebody asks me literally any question about literally any topic: