Bitcoin is not guaranteed to go up in value over time, especially at maturation.
It's floating value replaces the money printer and centralized elasticity of the money. This is key, and should be talked about more.
The value of the network is based on our actions collectively.
Matthew D
MatthewD@nostr.ly
npub1z3h8...760f
Dreaming of a front porch fit enough for banjo plucking.
Officially tired of the AI slop.
Thought I had relating to Mises regression theorem and United States as a consumer economy. I believe in the theory Mises states that consumables have a big role to play in a money monetizing. So it would stand to reason that the United States being a consumer-based economy would be the likely place for Bitcoin to monetize the most effectively transitioning from a store of value to a medium exchange.
Kick-started by small businesses carving out niches and attacking the margins of the big centralized monopolies. Delivering goods and services that are higher quality for lower prices.
Open to critique, or further questions about this idea train.
Accepting fiat for soap at whitepaperstreetsoap.com
Can do peer to peer deal via DM.
Innovation causes prices to decrease overntime
Bitcoin is an asymmetric peace tool.
It's use has outsized effect on global peace.
@jack Square online stores don't support adding Bitcoin payments. This seems like an oversight. Please fix.
4 seasons greetings to you all from Menards.
The next Bitcoin bull run will be a speculative lightning bull run.
Celine Dion made good music.
I haven't gone nostr, just fell back into the pit of despair of centralized social media for several months.
Man it's insidious.
What real world problem does on chain expressivity solve?
If the window to exchange fiat for Bitcoin is closing rapidly, then so is the window to effectively learn how to employ people or machines that will want to work for your Bitcoin.
You can learn today, you have time. There will come a point when you are either effective at managing your stack like a thrifty entrepreneur, or you will be had for not preparing in time.
The culture is not NGU
The culture is a peer to peer electronic cash system.
Bitcoin layer two Renaissance ๐ค Bitcoin scarcity realized ๐ค Mining hardware, software, and template construction decentralization ๐ค Matthew D
$XYZ block is a picks and shovels play into the first years of real Bitcoin scarcity.
Everyone knows it's scarce, we talk about the halving etc, but I think the true essence of how scarce it really is hasn't manifested.
You're a Bitcoiner, you can read tea leaves, any innovation in Bitcoin mining should be looked at.
If there's one thing institutional money is good at it is marketing. The large operators have always had a way of telling the retail public one thing, but doing another.
Their actions are painted on charts, data doesn't have opinions.
GM
People are up in arms about @Peter McCormack hiring a security detail, but no one AFAIK is talking about this.
Sounds like lazy government wanting to outsource it's responsibility to a tech platform. Good on ya Pete.


USD stablecoins are infinite loss coins.
They are defective assets mainly transacted on defective networks.
GM
The ICE enforcement is a glaring example that KYC and sharing your information with the government, or ANY data broker is a horrible idea.
When an unstoppable force (BTC) meets and immovable object (US gov debt) there will be friction.