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McCoy
McCoy@primal.net
npub18y33...x5t7
Bitcoin NOSTR block 768722
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McCoy 4 months ago
All publically traded businesses depend on future profits/gains to stay alive. New investors *support* the old ones as they expect the gains to continue. All businesses are ponzis image
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McCoy 4 months ago
send it βœ…πŸ•―οΈ
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McCoy 4 months ago
"The Bitcoin Age is defined by a tale of two parallel worldsβ€”a dollar-fueled machine of institutions with the power to create unlimited amounts of money, and a revolutionary technology that was designed to help the common man survive such a rigged system. With the invention of bitcoin, humankind has finally discovered a solution to disproportionally rising prices: universally accessible digital money with a limited supply, controlled by no one. Bitcoin, which lets people transact without government currencies or bank accounts, utilizes software freely available to anybody with a smartphone and the internet, resulting in a tool that, if harnessed correctly, frees people from the shackles of credit. Bitcoin is the arrival of better money." -Nik Bhatia Bitcoin Age
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McCoy 5 months ago
The solution in retrospect will be obvious:
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McCoy 5 months ago
Democracy + fiat does not work: Uncle Sam at an overall net-negative $143 trillion = unfunded liabilities+ current debt This is not fixable - perhaps we have a shot if we collapse into a benevolent dictatorship/monarchy that rules for 20+ years with a singular focus on fixing it. Democracy+Bitcoin held by the citizens could work - likely will be some pain getting along the way
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McCoy 5 months ago
protip dont be fragile
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McCoy 5 months ago
Bitcoin wasnt created/discovered for niche subgroups: -not for devs to innovate on -not for finance-bros to arb -not for influencers to monetize -not for gov insiders to front-run βœ… Bitcoin is for the PRODUCTIVE HUMANS - those making real stuff, in the real world - to save their work/talent/effort in a money that is reliable and secure
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McCoy 5 months ago
Bitcoin Companies = any co. that can consistently beat the hurdle rate + stack profits in bitcoin They have a massive advantages: βœ… their savings actually protects them from future uncertain, allowing them to focus on their product βœ… if enough conviction, they will bust-ass to avoid selling their corn
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McCoy 5 months ago
For 3+ years, I listen to "On the Brink", Castle Island's weekly Friday update (2x speed, 15 mins) to check-in on the blockchain, tokenized-security, VCers, ETFers, and Treasury Company bros. My take-home bullets: βœ… The bitcoin adjac noise is about to get really LOUD. Stay focused on the signal: work, stack bitcoin only, stay humble, self-custody, and take personal responsibility βœ… Most "digital asset maxis" don't really believe bitcoin will replace the USD. Even some *bitcoiners* dont believe - the "new-asset class maxis" crew βœ… Watch what people do, not what they say. βœ… Ultimately 90% of this stuff is building on fiat. Play stupid games, ..... βœ… It is ALL GOING TO ZERO against bitcoin
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McCoy 5 months ago
Can someone please estimate + track how much the US GOV will spend on a mass shooter who is dead + the tsunami that wasnt? I'm guessing 100 million range. In case your confused, this is the actual method they use: exaggerate ALL threats, print/spend *quietly* without any gain in productivity. 🀑s all the way down 🍿 stack and chill
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McCoy 5 months ago
Debasement takes a while. Just stack through it, and chill.
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