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bitcoinist
bitcoinist@bitcoinist.org
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Bitcoin ONLY Sovereign Individual Rothbardian Libertarian ∞ / 21,000,000
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bitcoinist 1 year ago
Imagine convincing a bitcoiner to sell some #Bitcoin for gold. People that are buying gold right now are so lost…
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bitcoinist 1 year ago
People that store value in #Bitcoin are active users.
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bitcoinist 1 year ago
If 1 sat would be at parity with 1 USD, #Apple’s market cap denominated in #Bitcoin would be approximately 26,200 BTC. Feels about right. $100M #Bitcoin, we’ll get there within the next 10 years.
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bitcoinist 1 year ago
I can’t wait to buy my first $100k #Bitcoin
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bitcoinist 1 year ago
Farewell, adherents of fiat! We stand poised to inherit the earth. Our faith lies in the divine, not in the mere piece of paper that proclaims it. #Bitcoin image
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bitcoinist 1 year ago
Every existing and future entity is essentially a derivative of #Bitcoin.
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bitcoinist 1 year ago
Tick-tock, next block! As the timechain relentlessly marches on, do you have enough #Bitcoin to secure your place in a citadel? Dive into the rabbit hole sooner rather than later, and you'll find a honey badger waiting to stand guard over you. #FollowTheWhiteRabbit image
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bitcoinist 1 year ago
Are you stacking sats, pleb? #Bitcoin #AskNostr image
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bitcoinist 1 year ago
A little social experiment here, can I borrow $100 from a stranger here? I’ll pay back within 24 hours. #lightning #askNostr #nostr #Bitcoin lnbc1600980n1pjlm74rpp52jyr9qqqx58ytmnsjmnnnhrppn8m5pgwvccv2gwrkcdfame2d98qdqqcqzzsxqyz5vqsp55lnx6pge5tej2mfpdwwhgqjy69wjqr4npg278hfdjkdads3vw0ns9qyyssqr49h4k25zmy20gz9ncmgnsv7t9wf00s2ljxdwgau5vxnsv5n2h5hr4gtpqrla28wks9akr7k22hjqnqd2tnuhj9a37xng0eyve3vw4cqws0wfh
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bitcoinist 1 year ago
Shaking off the leverage degenerates is a normal thing in #Bitcoin. When in doubt, just zoom out: +23% in the last month +45% since the start of the year +131% in 1 year Over the week: -11% Bitcoin volatility will only intensify: 1. The dollar is entering a death spiral: interest coupons on bonds are record-breaking 2. A new cycle of Federal Reserve's monetary policy easing is beginning 3. Halving in a month 4. ETFs are just warming up If you look at the history of the collapse of world reserve currencies, it always happens against the backdrop of wild price fluctuations. This is normal. In a month, Bitcoin will become twice as "hard" as gold (the stock-to-flow ratio), for the first time in human history we will have an asset harder than gold. A vivid historical example of the hyperinflation of imperial currency is on the chart below. This is how the price of gold jumped before it went into hyperinflation. Gold is not fluctuating like that now because the Federal Reserve has learned to manipulate the gold price. Bitcoin cannot be manipulated like this due to free instant delivery/verification on spot markets. Unlike gold, which is traded mainly in derivatives, and the real stocks hardly move at all. Bitcoin is like a lifeboat on the Titanic that has already started to sink. The number of spots is limited, and the dollar is going down. It might shake more, but that's not a reason to be scared, it's a reason to buy more. It's riskier to sell in order to buy cheaper than to miss the next major leg up. Do not trade, it’s an accumulation game and trading will always leave you with less Bitcoins.