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Phil
Phil@primal.net
npub1t49w...2j9u
Sharing thoughts on BTC, Finance, CrossFit, Atl Braves
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Phil 4 months ago
Fold Bitcoin gift card is such a scam. $200 in Bitcoin purchased for me as a gift on Aug 18. Given to me today, so I redeem it on the app. They take a $25 (!!!) fee and convert at today’s (higher) price. 12.5% fee. Messed up, Fold.
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Phil 5 months ago
1 sat = 1 cent ($1M Bitcoin) is only an 8.7x from here. That’s nuts
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Phil 5 months ago
I really enjoy listening to Jordi Visser. Enough that I’ll even listen to Pomp’s podcast to hear Jordi
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Phil 5 months ago
Spent some time with family member this weekend for the holiday. He’s had interest before in bitcoin, but unfortunately was part of the BlockFi mess so has been hesitant since then. We talked about bitcoin a good bit this weekend. He said he’d consider putting $30k into bitcoin if it dropped “into the 70s” again. But said he’s more likely to buy Eth. I explored this and it’s completely the unit bias thing. Said “what if Eth catches up to Bitcoin and is 20x from here”. I explained market caps, different addressable markets, Eth’s vulnerability to better tech plays, etc. No luck—this is what we’re up against.