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Rhydian the Red
rhydian555@getalby.com
npub14kxe...2fye
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Rhydian555 1 year ago
Stop looking at the charts and get to work
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Rhydian555 1 year ago
It appears Jason Lowery, author of Softwar, has deleted all recent tweets about advising the incoming administration on Bitcoin... Are we about to see public acknowledgement of a "softwar" between nation-states? The DoD recently pulled Softwar from circulation for review yet again, it is currently being resold on Amazon for 10x.. You can download a pdf here:
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Rhydian555 1 year ago
First they ignore you, then they laugh at you, then they fight you, (You Are Here) then you win.
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Rhydian555 1 year ago
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Rhydian555 1 year ago
Bitcoiners have already won, now we just wait for the world to catch up ⏳️
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Rhydian555 1 year ago
The Bitcoin Act of 2024 has officially been introduced: "A bill to establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes." image
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Rhydian555 1 year ago
BITCOINER PRICE INDEX - OCT 2024 UPDATE The latest update in Consumer Price Index for All Urban Consumers, adjusted for Bitcoiners Introduction Welcome to this month's edition of the Bitcoiner Price Index, where we explore the evolving cost of living on a Bitcoin Standard. By adjusting the latest Consumer Price Index (CPI) data from the Federal Reserve Economic Data (FRED) for the price of Bitcoin, we aim to illustrate how the purchasing power of goods and services shifts in terms of BTC compared to USD. This index offers unique insight for those who measure their wealth in Bitcoin and seek to understand the long-term impact of currency debasement and market fluctuations on their daily expenses. Let's dive into the latest data and see how our purchasing power stacks up this month. October CPI Update According to the latest update via the Federal Reserve Bank of St. Louis on November 13, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in October, the same increase as the previous 3 months. The all items index increased 2.58 percent for the 12 months ending September, 2024. Adjusting for Bitcoiners While the Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, it needs to be adjusted for those living on a Bitcoin Standard to reflect the cost of those goods and services relative to BTC. The price of Bitcoin on 10/31/2024 was approximately $70,352.67. The all items index measured in BTC fell -52.81% for the 12 month ending October, 2024. image Trends Including this data in my previous analysis of the last decade, the year-over-year trend in CPI is an increase of 0.04%, while the trend in BPI is now -0.16%. This suggests a slow but consistent increase in the cost of goods and services for those living on a US Dollar standard, and a decrease in costs for those living on a BTC standard. It is worth noting that there are extremely sharp increases in BPI seen in 2015, 2019, and 2023, but despite this, the average year-over-year % change in costs of goods and services for Bitcoiners is still decreasing at 4x the rate that prices are increasing in USD terms.
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Rhydian555 1 year ago
Degens are now aping into shitcoins, bull market confirmed.
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Rhydian555 1 year ago
BTC has now doubled since I onboarded my mother-in-law, gifting her a cold storage device and some sats, helping her set it up and buy more, while my sister-in-law was sitting at the same table telling her it was a scam and waste of money the entire time.
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Rhydian555 1 year ago
Right now, I'm glad that I gifted a few of my naïve loved ones cold storage devices and some sats. They'll come around 😌
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Rhydian555 1 year ago
When nocoiners ask why BTC is making a new ATH every day image
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Rhydian555 1 year ago
It seems that BTC price likes to rise on weekends, when tradfi is asleep...
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Rhydian555 1 year ago
Learn how to start earning cryptocurrency rewards simply by playing video games and even order from your favorite restaurants without leaving your game with DevourPlay!
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Rhydian555 1 year ago
Best fidget toy for the office.. Weak grips sink ships 💪 image
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Rhydian555 1 year ago
Excited to share I'm buying my first house! And not selling any BTC to do it 😤
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Rhydian555 1 year ago
I work in the animal research industry, and don't believe this was an accident. A single point of failure resulting in 40 monkeys escaping is extremely unlikely, somebody would have had to severely break protocol for this to happen... Interested in following up what they say was the cause. My guess is activist sabotage. image