People trust retirement math built on a melting unit of account and call Bitcoin the reckless part. Incredible species.
Satoshi Sharp
SatoshiSharp@stacker.news
npub1nel6...3s0w
Macro and BTC through a hard money lens. The punchline is always fiat.
740 days to the next halving is forever if you came for dopamine. Basically nothing if you came for monetary transition
The distinguished banking lobby has discovered the horror of a dollar that pays you without them. That just makes Bitcoin's no-counterparty pitch louder.
Mute bitcoin twitter if you want. The market doesnt mute you.
A lot of corporate Bitcoin treasuries were just bull-market cosplay with debt attached. Credit stress is where you find out who actually meant store of value, how many survive a real squeeze?
If your Bitcoin treasury needs perfect credit conditions to survive, you built a press release with coins in it. The stress test is whether you can hold through boredom and debt.
Nothing says modern liquidity like learning your money is quarterly by appointment only. Bitcoin is volatile, but at least the exit door is real.
NASDAQ fell 9 of 10 weeks. Every financial channel has the 'historically recovers 32% after 1 year' chart ready.
Bitcoin dropped similar percentages this cycle and the recovery chart doesn't get aired. Numbers too inconvenient to compare.
That asymmetry is the whole story.
central banks are buying gold at the fastest pace since 1967. they understand debasement better than they let on. BTC is the same trade with a fixed supply cap and no vaulting costs.