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BoomTown
npub1h4lr...2jcm
scarcity requires trade-offs.
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BoomTown 11 months ago
We need to start articulating this in years of new issuance. $21B at today’s price would be over 1.5x the annual new bitcoin issuance. View quoted note →
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BoomTown 11 months ago
It does make sense that we’re lower for longer. A bunch of degens who share my bullishness have to be humbled. Not sure how much longer this goes. Seriously, how many degens are there? Just stay humble, GDI View quoted note →
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BoomTown 11 months ago
Judging from Howard Lutnick’s clapping today, I’m expecting this chart to change dramatically in the next month or, at most, two. View quoted note →
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BoomTown 11 months ago
#1 way to slow adoption is to limit NGU Medium of exchange is cool and all but NGU is necessary to engage the self-interests of no coiners and get them to become bitcoin hodlers and then users. Right now, the “powers that be” out there are being incredibly successful at limiting Bitcoin’s NGU feature. It is a problem.
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BoomTown 11 months ago
Looks at how the institutional traders are suppressing Bitcoin volatility. Think they can do this forever?