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
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sms 1 month ago
It’s about laying a stronger base for the next leg. Sometimes down is what makes up possible and this feels like one of those moments. It could be better. It could be worse. I’m still impressed. Bitcoin’s fate isn’t tied to institutions or narratives, but to humanity itself. I’m comfortable tying my own fate to that. Sentiment comes and goes. Engagement might be dookie butt. Quitting still doesn’t feel like an option. image
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sms 1 month ago
Absorption always has been and likely will be stronger than sell pressure in the long run. It seems absorption is being set up to be even greater, following a typical trend, but I’d rather celebrate the actual purchase than the potential purchase: it’s proof of work for a reason; proof of potential work would be a completely different story. Down years are luckier than up years, if you have experienced any. I’ll jinx it just to separate the weak from durable: bitcoin has never had consecutive negative years. Sentiment is only wack for those who forgot 1 btc = 1 btc. When I smell weak handed despair in the air it makes my tummy tickle. Bitcoin priced in fiat is always a discount: I call it productivity fuel. image
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sms 1 month ago
I don’t think any specific sequence of events needs to unfold for Bitcoin to succeed. Its creation was the success, and it’s been succeeding ever since. What people call catalysts don’t decide if Bitcoin wins…only how fast bitcoinization accelerates. Bitcoin doesn’t belong to a political party. It belongs to those who hold it, and better money is something everyone can benefit from. I’ve accepted my fate as a permanent accumulator of sats. It’s no bad fate at all. image
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sms 1 month ago
Hold me closer, cheap satoshis, Count the fractions on the timechain, Freedom’s built in quiet purchases, You’ve had a bullish day today. image
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sms 1 month ago
What other do doesn’t matter I’m stacking sats. The accumulation continues, fizzle or pop. image
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sms 1 month ago
Today is Bitcoin’s birthday. 17 years since the genesis block, and the network continues to tick tock. In that short span, it has lived through more government bailouts than it has years of existence, each one reinforcing the problem it was created to solve. From zero to trillions in value, Bitcoin is still young. Watch it claim its place, first by securing its own foundation, then by absorbing every monetary premium built on weaker ground. image
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sms 1 month ago
Bitcoin is a rabbit hole of sheer truth, even the noise. Your wallet and value are not the only beneficiaries, your health and quality/appreciation of life will swell as well. Your brain gets rewired but in a healthy way in my experience. Bitcoin fixing money is the first half of the equation, but that’s only because more than just money is broken. image
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sms 1 month ago
I’ll HTMFSP w BTC bc ik WAGMI BB SS nm NGU j FI LFG 2026 FOMO or BTFD FTMFTW ibh 24/7 365 4 21M image
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sms 1 month ago
Bitcoin: a decentralized digital monetary system and programmable base layer. Onchain micropayments are expensive so Lightning and other layers fulfill the cash utility. The importance of a conservative base layer has been recognized, scaling has been outsourced off chain. Segregated Witness and Taproot soft forks increased security, privacy, and functionality. With functionality comes use cases and controversy over proper use of block space. Mining has centralized into professional operations; without a specialized computer you stand little chance of success and even with a whole fleet the odds are stacked against you. As the block reward keeps halving bitcoin is transitioning toward fee based security. 17 years of bitcoin transactions still fit on less than 1 terabyte. Chain analysis and privacy tools have symbiotically fueled each other’s advances. Bitcoin evolves slow and reacts quickly controversy is a feature not a bug. Consensus comes after deliberate discussion. Bitcoin still shares so much with its visionary proposal, but now it holds historical proof. What did it become? More. In the doldrums of doomer sentiment I remain with hint of quiet triumph. The dream hasn’t failed; it’s hardening into reality. If the white paper was a seed then we’ve only glimpsed the sapling of the tree it will become; change is uncomfortable, but it turns out how it’s always meant to be. image
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sms 1 month ago
New year? New me? Same BTC. image
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sms 1 month ago
Studies show patience beats trading. No need to over complicate things, I just buy and hold Bitcoin. image
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sms 1 month ago
Bitcoin’s long term potential still trumps any short term scam. Bitcoin is a fair and square asset; I wouldn’t want it if it wasn’t. image
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sms 1 month ago
Huge outflows from ETFs don’t shock me they excite me, I believe they are standard behavior, but the fear they cause is an opportunity to stack cheaper sats from weaker hands. It might seem like ETFs are selling a lot of bitcoin but it’s all Bitcoin that was bought, and they’ve bought way more than they’ve sold. And it’s still an insignificant amount to their total AUM. image
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sms 1 month ago
If you can’t take the risk you don’t deserve the reward. I’d rather risk my money than my body or mind, the former is replaceable but the latter isn’t. Bitcoin is more than a gamble; it’s a tool for freedom. image
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sms 1 month ago
Gold and silver passed the stress test, Bitcoin flunked it this time. We all have our soy boi high beta risk asset moments, but that doesn’t mean we can’t also have our hedge moments. No asset is purely one thing, especially bitcoin. Sometimes you need a new box. Peer to peer electronic cash? Digital gold? Why not just bitcoin? Bitcoin shines brightest when liquidity is abundant, inflationary money printing episodes, and financial repression or currency collapse scenarios; better prepared than scared. The honest box: Asymmetric, volatile, scarce digital asset with option like convexity; best performed in risk on liquidity cycles, but capable of hedge behavior in specific inflationary or systemic trust breakdowns. image
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sms 1 month ago
Money printing leads to inequality and that’s one of Fiat’s major flaws. It’s breaking the system and Bitcoin is our best shot at fixing it, but it’s a marathon not a sprint. image
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sms 1 month ago
Is the Bitcoin bottom in? I couldn’t tell you, but what I can tell you is this: you can hope in one hand and stack in another and see which one gets full faster. If you don’t stack the sats someone else will. It’s not about timing it’s about every chance you get. image
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sms 1 month ago
There’s nothing like having so much fun with family that you forget your routine obligations. My family is not the feeling and the feeling I cannot touch. True value is given. Thanks Satoshi. #Bitcoin
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sms 1 month ago
Too much control turns into corruption, our limitations are what make life beautiful. What’s wrong with more power to the people? Imagine if more people could have a say faster. Decisions made more efficiently, less resources wasted. Imagine a system that didn’t push you to opt out, instead pulling you to opt in. In bitcoin there are no heroes only double edged swords. image
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sms 1 month ago
Not everyone will be awakened by Bitcoin’s ideological and social justice narratives, but they will eventually be impacted by its systemic and economic implications which will attribute to the former. The more centralized an institution is the greater the risk of discrimination when it comes to resource allocation. Bitcoin is my favorite because it has no favorite. Everyone has a fair chance of making something for themselves with bitcoin, that doesn’t make it easy, only worth it. image