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bc1984adam
npub1984a...059a
Python/Go dev building Arkfile OSP | FOSS, Linux, Bitcoin, Monero, Markets, Regen Ag, Real Estate | xau.ag | +smilingzebra45
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bc1984adam 2 years ago
Most diehard bitcoin USERS have 10s to 100s of UTXOs. Most bitcoin speculators have few to none. If none, then what they have is merely an IOU instead of a UTXO*. *A UTXO is an "I Owe Me".
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bc1984adam 2 years ago
commodities and civilization are both cyclical image
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bc1984adam 2 years ago
Gold has beaten the total return (including dividends) of the S&P500 ETF, SPY, by a significant margin since the turn of the century. 9.3% vs 6.8% CAGR, respectively. Meanwhile, M2 has risen by 6.9% annually over the same period of time. Meaning that SPY has more or less protected your wealth, while gold has allowed it to grow by 2.4% each year *in real terms*. Sources: - - -
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bc1984adam 2 years ago
'All landlords are parasites' 'Gold is a worthless yellow rock' 'Bitcoin miners provide 0 value to society' ^^^ Skeptical of anyone making categorical statements like this As with anything in life, there are always gradations Utility is in the eye of the beholder
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bc1984adam 2 years ago
THE FIVE SENSES; SIGHT, Henry Guillaume Schlesinger, circa 1865. image