Seth Michael Steele's avatar
Seth Michael Steele
S_michaelsteele@BitcoinNostr.com
npub14evv...lrc7
We must live together as brothers or perish together as fools #Bitcoin
Seth Michael Steele's avatar
sms 10 months ago
Through my experience investing, I’ve learned it’s easy to overestimate the value of technical analysis and models, while underestimating the impact of market psychology and macro events. To me, investing is about putting your money to work; not just diversifying for the sake of it, but finding the best possible job for each dollar. I don’t work for Bitcoin; my dollars do. I focus on creating value elsewhere and then bringing it to Bitcoin. That’s how I contribute. If I believed my highest value was directly in Bitcoin, I’d be there, but I believe this is my lane. I believe in delayed gratification. The results take longer, but they take you further. To me, it’s obvious that Bitcoin is maturing as an asset class. “Digital assets” in general? I see most of them as expensive testnets at best. My hands are diamonds; that’s what matters. Paper hands do more to help me than hurt me. Cheap sats are beautiful. Don’t forget it. image
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sms 10 months ago
I remain persistently skeptical of centralized power, especially when it values order over reason. History shows that forced stability often comes at the expense of truth, innovation, and individual freedom. Systems built on control eventually collapse under the weight of their own contradictions. In contrast, I remain cautiously optimistic about the chaos of current events, not because I trust the system, but because each disruption is another opportunity for Bitcoin to prove its value. Every crisis reveals the cracks in legacy structures, and every overreach highlights the need for a neutral, incorruptible alternative. I stay unfazed by FUD. Bitcoin endured its darkest days long before I even discovered it, and the fact that it survived without me is part of what gives me confidence in it now. That kind of antifragility isn’t just rare; it’s almost mythical. And when it comes to diversification, I remain uninterested. Diversifying into weaker assets isn’t diversification; it’s dilution. If it’s not more Bitcoin, I probably don’t want it. My conviction isn’t rooted in hype; it’s grounded in understanding, history, and hard incentives. In a world where trust is continuously betrayed, where noise drowns out signal, and where power seeks to preserve itself at all costs, I choose to align with something that doesn’t ask for trust; it earns it. Bitcoin isn’t just a hedge against uncertainty; it’s a quiet rebellion against a system that never deserved our confidence to begin with. That’s why I remain focused. Not because I know what’s coming next, but because I know where I stand when it does. image
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sms 10 months ago
Sometimes I make mistakes. Sometimes I feel downright stupid. But then I remember, there are still people out there waiting for “alt season.” The term is misleading. It’s not alt season…it’s rug season. Unless you’re an insider or have a gullible following to dump on, chances are you’re not the one walking away with the money. Most of that money isn’t even “stolen” in the traditional sense: it’s lost to slippage in thin liquidity, pumped and dumped in echo chambers, and ultimately funneled back into fiat. These games don’t build generational wealth; they reinforce the dollar system. Bitcoin dominance has risen roughly 17%, pushing toward 64%. That alone should make it obvious: no pile of rugs, no coordinated hype cycles, has managed to outpace Bitcoin. Why? Because Bitcoin is the only asset in the space playing a game that isn’t zero sum. I’m betting on the one that leads, not the ones left gasping for air behind it. So far, that bet’s served me well. Markets are fraught with uncertainty. Why wouldn’t the king of uncertainty lead the charge? I can’t get rugged, because I don’t buy rugs. And I don’t have much sympathy for those who do. Not just because I’ve been there, but because in most cases, all it takes is a little due diligence to avoid being the exit liquidity. image
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sms 10 months ago
I don’t believe Bitcoin’s full potential depends on scaling payments or expanding into DeFi. While those are interesting experiments, they’re not the foundation of its long term relevance. Instead, Bitcoin’s future hinges on its perceived role in the world and the nature of the participants who secure the network. Its core design, neutral, decentralized, and permissionless, has already made it a global phenomenon. It doesn’t need a new use case to justify its existence. It needs to double down on what makes it superior: a robust network that can evolve organically through changes in mining dynamics and shifts in public understanding. As block rewards dwindle, corporate miners with large overhead may become unprofitable. That doesn’t mean the network is at risk; it means it’s ready to adapt. While hashrate could temporarily drop, the beauty of Bitcoin’s architecture is that it can recalibrate. The vacuum left by large players can be filled by smaller, more agile operations: think pleb miners, or setups tapping into stranded or excess energy sources. The narrative needs to shift: Bitcoin doesn’t belong to corporations, and it doesn’t require massive capital to participate. You don’t need a public company to mine, and you don’t need a billion dollars to control your own money. We’re far from maturity. If corporate mining were the final frontier, we’d already see more entities settling into a Bitcoin standard. But they haven’t, because the true final frontier is mining Bitcoin for Bitcoin’s sake, not for dollar profitability. Bitcoin doesn’t need to change much to reach its full potential. Its resilience lies in the fact that if there’s a path forward, the incentive structure ensures someone will find it. People will pivot. The network will grow, not in a single direction, but in all directions at once. We don’t need to predict exactly what that future looks like. What matters is that the free market manifested Bitcoin, Satoshi captured it in code, and from here on out, Bitcoin will continue to preserve and propagate itself, because that’s exactly what it was designed to do. image
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sms 10 months ago
I could never truly flip bearish on Bitcoin. At this point, stacking sats feels like second nature. Even if I suspect the price might dip in the short term, I don’t pretend to have a crystal ball, so I stay focused, productive, and consistent in accumulating. To me, Bitcoin is always in a state of being undervalued relative to its long term potential. Fiat price action might suggest volatility, but every exchange of weaker assets for stronger ones, especially during drawdowns, feels like a calculated upgrade. These moments aren’t setbacks; they’re opportunities. I can’t predict the immediate future, but I do know sentiment has been largely bearish, and markets have a way of humbling consensus opinion. Ultimately, Bitcoin leads not just because it’s first or most secure, but because it tracks global liquidity more closely than any other asset. One day, we may look back and realize that Bitcoin didn’t just reflect global liquidity; it became the benchmark for it. That’s the arc I’m betting on, and that’s why I never waiver. image
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sms 10 months ago
Did I read that right, 104% tariffs on China? Kinda surreal stepping out of the fiat mines to that headline. Hard to remember the last time I bought something stamped Made in USA. “Made in China” seems to be the default, it’s been the backbone of shelves for decades. Meanwhile, Goldman Sachs pegs the odds of a U.S. recession at 45%. Sure. Everyone knows it’s higher. But admitting it’s more likely than a coin flip would probably cause the very recession they’re trying to avoid. Reminds me of the time I saw a guy filling up a generator with a lit cigarette hanging from his mouth. He was leaning over, staring into the tank. That cigarette could’ve dropped in and turned him into fireworks. It didn’t, but the tension? That feeling? That’s where we are now. Everything is set up perfectly to go terribly. All you can do is watch in awe. Now China says they’ll “fight to the end.” That’s the cherry on top of a cake made of slow motion wreckage. It’s not an explosion it’s a trainwreck, unfolding car by car, with everyone pretending the next one won’t derail. Even the Fed seems spooked, suddenly hinting at dovishness like a man coming in from a thunderstorm, soaked to the bone, only to put on his raincoat after he’s already inside. And now people are fleeing the country? Call them American’ts. I don’t care how bad it gets, I’m not leaving these mountains. Yes, things are escalating. But that doesn’t mean doom. It means do. Things might get worse. Or we might thread the needle and pull it off. But sitting there paralyzed, freaking out about it? That’s the one guaranteed way to lose. image
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sms 10 months ago
Don’t trust, verify! What used to be called trust issues is now better understood as self defense in an age of noise. Yesterday’s paranoia is today’s free thinking protection. Information moves faster than ever, nearly instant, but it’s no more honest than it’s ever been. Speed doesn’t equal truth. Bitcoin shows us that integrity outweighs pace. In a world where narratives shift like the wind, verification is the only form of trust worth having. image
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sms 10 months ago
You gotta love the dip; it’s when conviction really pays off. I’m definitely feeling incentivized to have a productive week. Bitcoin’s just reflecting broader market sentiment. There’s a lot of fear out there, which usually means it’s a good time to buy. It’s patience over panic. Life goes on: I’ve got things to build and friends to post with on nostr. I love NGU, but after a while, the signal gets drowned out by noise. That’s why I like the word dip. Ever taken a dip in a cold river to reset your mind? Same energy. This is a good thing. A subtle reset. A palate cleanser. I’m grateful for it. Stack spot. Stay solvent. image
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sms 10 months ago
Bitcoin’s resilience is beginning to stand out, not just in contrast to past market turbulence it has faced, but especially when compared to traditionally “safer” assets. Where legacy markets tend to delay pain, masking problems with short term fixes, Bitcoin rips the bandage off fast. Sometimes it stings. Sometimes it exposes what needs to breathe. More often than not, it recovers quicker and more honestly than the systems built to avoid discomfort. Yes, it’s volatile. There’s a strange clarity in that chaos, like finding rhythm in noise. Over time, you start to notice a kind of stability within the volatility. It doesn’t suppress reality, it reflects it; immediately and unapologetically. Even stranger is how often Bitcoin seems to price in events before they unfold. In a way, it’s becoming less of a speculative asset and more of a real time indicator of global sentiment and human coordination. Not because it tells the future, but because it digests and reflects reality faster than anything else. Price watching, ironically, becomes less about the number and more about the signal. Compared to the noise of mainstream narratives, Bitcoin’s price action can feel like a truer lens through which to understand what’s actually happening. In a world addicted to delay and denial, Bitcoin doesn’t flinch. It reacts. It reveals. It resets. That may be exactly what makes it resilient and inevitable. image
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sms 10 months ago
My 4yo brother just told me he likes my money shirt… So proud I’m speechless. 🥹 Is this what winning feels like? #Bitcoin image
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sms 10 months ago
Tariffs be damned, Bitcoin is unstoppable. If opportunity disguised as a discount scares you, you might be in the wrong asset. A range-bound year, or even a dip, would be a gift in disguise. Most people just don’t realize it. The spring is coiling, not snapping. This isn’t the end; it’s a delay. The fact we’ve seen this much of a disruption? Sheer luck. Let’s be clear: sats won’t stack themselves. Action is required. If you can’t see the opportunity in front of you, it’s not because it isn’t there. It’s because your time horizon is too short. Think bigger. Lower your time preference. Bitcoin has been labeled both a risk asset and a safe haven, and it’s earned both titles. It’s often the first to sell off when panic hits, but it’s also the first to take off when conviction returns. When the pressure rises and markets flee to strength, I stack the toughest asset on Earth. When everything else bends, Bitcoin holds firm. When the dust settles, it doesn’t just recover; it leads. image
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sms 10 months ago
Bitcoin’s growing role in a world of chaos: When QT began, I was curious how Bitcoin would hold up under the harshest macroeconomic conditions it had ever faced while being priced in fiat. What I didn’t expect was just how much turmoil this cycle would bring; yet, through it all, Bitcoin remains afloat. That alone speaks volumes. I once thought the FTX collapse would be Bitcoin’s biggest stress test, but as Bitcoin solidifies its role as a global financial cornerstone, macroeconomic headwinds will exert greater influence… Not because Bitcoin is failing, but because it is becoming an increasingly accurate reflection of the broader economy. Bitcoin is no longer just an isolated asset; it’s being adopted as a financial crutch by the very system it was built to outlast. As legacy markets crumble under their own weight, they will lean on Bitcoin more and more. For now, that means global instability will shake Bitcoin, not because it is weak, but because its adoption is growing within a fragile system. Things will get worse before they get better, regardless of whether tariffs succeed or fail. It’s not the end; it’s an opportunity. A world in crisis isn’t a world without hope. It’s a world where the foundations of the old system are finally breaking apart, and those who see the shift coming have a chance to position themselves ahead of the collapse. The pain is necessary. The chaos is temporary. What emerges on the other side will be built by those who refuse to sink with the ship. image
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sms 10 months ago
Reciprocal tariffs are here…now what? Designed to level the playing field, boost American manufacturing, and shrink the staggering $1.2 trillion trade deficit. Their true impact hinges on how other countries respond. Will they adapt, retaliate, or fold? One thing is certain: no country will face harsher tariffs than the ones they impose on America. Any outrage over this policy seems less like a principled objection and more like the tantrum of those accustomed to an unfair advantage. The spoiled brats of global trade are about to get a lesson in discipline. At first, I was skeptical, ignorant even, of how tariffs already distort free trade. if the system is already skewed, could reciprocal tariffs actually be the closest thing to free trade we’ve had in decades? If one player cheats, the game isn’t fair until the other stops letting them get away with it. I’m not worried about price action. We all know where Bitcoin is going. More time to stack is never a bad thing. But there’s a deeper question: how much can the cost of living rise before it eats into Bitcoin demand itself? Even as a bitcoiner I rely heavily on running a surplus in the fiat mine to keep stacking more sats, any rise in my cost of living is another sat I can’t stack for the future, will it get to a point that I can’t run a surplus? Fiat isn’t everything, but it affects everything because it counterfeits productivity. It allows a privileged few to steal from everyone: past, present, and future; by conjuring value out of thin air. The more they print, the more you have to work just to stay in place. Destroying value is easy. It’s rebuilding that’s hard. In the end, the ones who will suffer most aren’t governments or corporations; it’s fiat’s most loyal servant: the consumer. Even if these tariffs succeed, the consumer still eats the cost. The only question is, for how long? The real answer? Stop being a mindless consumer. Stop chasing the illusion that happiness is something you can buy. The only way to win this game is to refuse to play by its rules. Self Reliant Minimalism. That’s the answer we’ve been looking for. Minimalism alone is just Big Small trying to sell you more less…But self reliant minimalism? That’s the real deal. And the only thing separating a self-reliant minimalist from a so called “toxic” Bitcoin maximalist? Where they put the surplus. image
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sms 10 months ago
Not gonna lie, this pump caught me off guard, especially with the looming Liberation Day tariffs set to hit tomorrow. Fortunately, I’m positioned better than ever: I’ve got the most bitcoin I’ve ever had and the least amount of bitcoin I’ll ever have again. Some might not see that as fortunate, given we’ve pulled back from ATH, but I consider it the ultimate fortune: every dip is just another chance to stack more sats, regardless of price. So what is this? A cruel April Fools’ joke from the market? Or is the feared hammer coming down softer than expected? Israel has already preemptively removed tariffs on imports…who else follows suit now that the mere threat of action has shifted policy? And if enough nations preemptively adjust, does that ironically result in less enforcement overall? One thing is certain: freer trade is an undeniable win for all productive markets. The only losers? The parasitic ones. image
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sms 10 months ago
With all the doom and gloom, it’s almost surreal to hear the CEO of the world’s largest asset manager suggest that Bitcoin could topple the U.S. dollar. Not that the idea itself is shocking, but the fact that he said it out loud? That’s monumental. He pointed to America’s ballooning debt, subtly signaling that there’s too little being done to fix it, contrasting the so called drastic cuts taking place. A man who built his empire on the dollar now sees Bitcoin as the safer bet. And yet… people are still bearish? image
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sms 10 months ago
Liberation Day Tariffs are shaking the market, because nothing says “freedom” like restricting free trade. It makes sense…if you don’t think about it. April 2nd is the big day, too serious for April Fools, but still absurd in its own right. While consumer confidence hits a 14 year low, I see the inverse. People aren’t losing faith in the economy; they’re waking up to the need for a fair system: one that isn’t designed to grind them into dust. And I’m not alone. CryptoQuant data shows addresses quietly stacking sats amid the chaos. Do they know something others don’t? Yes. Bitcoin. Tariffs come and go. Markets panic and recover. But Bitcoin remains. Worst case? When the dust settles, Bitcoin will still be here. The only thing that won’t be? Cheap sats. image
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sms 10 months ago
Recession fears are everywhere, but every time I buy more sats, my worries fade. When Bitcoin’s price dips, it doesn’t shake me; it drives me to be more productive, to earn more, and to hold stronger. Bitcoin is one of the purest pricing mechanisms we have, and by following its incentives, we don’t just protect our wealth, we help build a more efficient and honest world. Yes, Bitcoin is unpredictable. But I’d rather align my destiny with its outcome than be tethered to a system designed to fail. Inflation isn’t accidental, and it sure as hell isn’t necessary. Rebellion isn’t reckless, it’s rational. The wealth gap is widening, and the debt trap is deeper than ever. Education shouldn’t cost six figures. Action is always an option, but opportunity is slipping away. The clock is ticking; what are you waiting for? image
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sms 10 months ago
I stayed productive this week. I got “lucky” and stacked the “dip”. Did I time it perfectly? No. But luck favors those who are always prepared. Since my initial discovery of the world’s greatest treasure, I’ve built my life in a way that ensures I can acquire Bitcoin consistently; sometimes at a discount, but always increasing my exposure. Nothing has changed for me. The people panicking right now are sprinting full speed with their faces inches from the ground, obsessed with every short-term move, blind to the bigger picture. Look up. Widen your time horizon. Slow down. Enjoy life. Because if your vision is too narrow, you’ll miss the very future you’re racing toward. image
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sms 10 months ago
Are the four year cycles already behind us? Does an unusually modest bull run erase the possibility of a true bear market? I’ve always been a permabull, but I never expected so many people, institutions, and companies to start thinking the same. Bitcoin’s history is a cycle of struggle and triumph. Its weakest moments have often been the foundation for its greatest victories. It has always been three parts hope, one part despair; a delicate balance that fuels conviction. But what happens when despair fades? Does hope lose its meaning, its edge? Perhaps. When the fight feels easier, it’s easy to forget why we fight at all. But that’s when gratitude matters most, because Bitcoin’s greatest test isn’t survival. It’s whether we remember what made it necessary in the first place. image
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sms 10 months ago
We caught a glimpse of Bitcoin’s future, true financial freedom, but it seems that moment was just foreshadowing. Now, we veer off course, drifting back toward fiat in a stablecoin illusion, trading self sovereignty for the comfort of familiarity. Who really benefits from this so called practicality? The everyday consumer? The bureaucratic overlords? Surely not freethinking individuals. Surely not quality. Bitcoin bows to no one. It’s not designed for those who seek control; it’s built for those who seek freedom. Why tether yourself to a dying dollar when Bitcoin’s volatility is a heartbeat, a signal of life, while fiat’s slow decline is the silence of a deathbed? Fiat has always been a mirage. I choose to walk the path of truth, no matter how uncertain, because real sovereignty is worth the risk. image