----bitcoin conspiracy fan fiction----------
what if the SAAS companies realize the only thing that they can save themselves is print a bunch of shares while their MNAV is basically infinity in order to buy bitcoin.
gojiberra
gojiberra@nsec.app
npub1g49u...tqvs
figuring it all out
I appreciate your humor, insight, and your post whether or not I agree
November 2021 โ peak mania for both:
๐ Median new build home: ~$450,000 (near its peak, which came a few months later in Oct 2022)
โฟ Bitcoin: ~$69,000 (ATH hit November 10, 2021)
Today (February 2026):
๐ Median new build home: $392,000 โ down ~13%
โฟ Bitcoin: ~$69,000
ok bitcoin did go down to $16,000 in 2022...
but it illustrates Jeff Walton's point. All those people who thought they were building "equity" instead of paying rent from then until now....
...got royally swindled! by property taxes, mortgage insurance and the interest payments
when claude starts making me cry, i know it's time to close the window. what in the world.
"If you had to see the true liquidity value of your home on any one given day, at any one given moment, at any one given second, it would be incredibly volatile because there's just not buyers all the time of that specific type of house in that specific location."
"volatility is data not downside"
--Jeff Walton
i got a chainsaw for christmas
it's convenient for sawing wood.
it also stays under the bed.
i'm kidding.
i sleep on the floor.