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Morpheus
npub1cu26...dr50
What is the Matrix
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morpheus 1 year ago
🇸🇻 Bitcoin came to the 🇺🇸 US and called out the Federal Reserve 👀
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morpheus 1 year ago
"They can make more real estate. They can find more gold. They can't make any more #Bitcoin" - Jack Mallers
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morpheus 1 year ago
There is no way to take money out of politics, but there is a way to take politics out of money, and that way is #Bitcoin.
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morpheus 1 year ago
Federal debt on 1st day of the new fiscal year, jumping $204 billion to new record of $35.669 trillion, but it gets worse: Treasury also had to draw down its cash balance by $72 billion - that's over $275 billion in the red FOR JUST ONE DAY:
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morpheus 1 year ago
Is this sustainable? the fed debt jumped $204 billion in a day to record highs.
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morpheus 1 year ago
🇺🇸 SAYLOR: "#Bitcoin's the most certain thing, in an uncertain world."
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morpheus 1 year ago
#Bitcoin will perform better if @KamalaHarris is elected, because the US Dollar's value will collapse faster
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morpheus 1 year ago
Is the USD the next biggest carry trade to unwind?
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morpheus 1 year ago
Bitcoin the best hedge against the carry trade. The carry trade is not over it took 15+ years to build and does not end with 2 days of volatility. Other currencies need to be sold to buy back the YEN as the negative interest rate spread closes. Either other currencies will fall against the YEN or money printing will happen to buy it back without the system loosing liquidity With Bitcoin giving you optionality to all currencies either way you will be able to sustain purchasing power in YEN or have greater purchasing power in other currencies that need to print against BTC.
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morpheus 1 year ago
With annual spending of $6.95 trillion and taxes of $4.91 trillion, the US government is currently overspending by $233 million per hour.
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morpheus 1 year ago
On a blended basis this moves BTC from 1 T to 4 T in market cap. With a 30x multiplier, that means we need 100 Billion in fresh capital coming into the asset.
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morpheus 1 year ago
#Bitcoin breaks the entire legacy financial system by allowing everyone to play the game of money with the same rules
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morpheus 1 year ago
Most people think Bitcoin won't even reach $100K When it does, will they continue to question the best asset in the world, the only one that doesn't require intermediaries to work as money? Keep in mind this is a finite asset that nobody can create more of 94% of the total 21,000,000 supply is held by only 1%-5% of the world The 95%-99% who haven't figured it out yet will have to convince the holders to convert their Bitcoin to USD WHAT IF THE HOLDERS DON'T WANT TO SELL? How high can the price go? Over time, more and more people are figuring out that they don't want to hold US dollars Saving in US Dollars is a death sentence for your wealth over the long term Today, most people buy houses and stocks to protect their wealth from USD debasement Then they switch from stocks and real estate to USD when they want to spend their savings YOU DON'T NEED TO CONVERT BITCOIN TO DOLLARS! You can send Bitcoin to anyone and receive Bitcoin from anyone in the world within minutes The US government seems to be coming after holders of legacy assets with the potential of an unrealized capital gains tax Holders of legacy assets have no choice but to comply, because they can't use stocks and real estate as a medium of exchange You must convert legacy assets into USD at some point The billionaires of the world didn't become billionaires by giving handouts to the government And they're not going to like paying more taxes than they need to This is where Bitcoin comes in: Nobody can take your Bitcoin unless you give it to them willingly Governments can't stop you from using your Bitcoin unless you give them your private keys
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morpheus 1 year ago
In 30 years $1,000,000 will be worth: $552,000 at 2% inflation $412,000 at 3% inflation $308,000 at 4% inflation $231,000 at 5% inflation #Bitcoin fixes this.
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morpheus 1 year ago
Bitcoin at $60,000 today is 4-6x less volatile than it was in 2021. $60,000 is no longer a blow-off top level dominated by speculators, it is a consolidation zone where long-term, mature holders accumulate and HODL. Cycle after cycle, new floors are set. $60k is the new $20k.
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morpheus 1 year ago
Credit, Cole Walmsley: Let’s do some math. I just played poker for two hours. I profited $1,909. I am choosing to save all of my winnings in Bitcoin. Let’s be conservative and say that in 10 years, Bitcoin will have surpassed gold’s market cap, which would be a 15x on Bitcoin’s current price. That would make my $1,909 turn into $28,635. But that’s not the important thing to note. Money, bitcoin, dollars… none of these are our most precious asset. Our most precious asset is time. My hourly win rate for this session of poker was $954.50. Two hours at $954.50 an hour equals $1,909. In 10 years, due to Bitcoin’s value appreciation, my poker winnings are worth $28,635. At the same hourly rate of $954.50, that would be like I spent 30 hours sitting at the poker table. But I didn’t. I played for two hours. By saving my winnings in Bitcoin, I’ve granted myself an extra 28 hours that I *don’t have to work* to make my hourly rate of money. Do you understand how significant that is? By saving my money in Bitcoin, I have given myself more time. Time that I don’t have to spend slaving away to make money, time that I can choose to spend with my family, my friends, pursuing my true curiosities, and more. Think about it. By choosing to save in Bitcoin, I am making more money (increasing my purchasing power) without having to work or spend time making money. Instead of worrying about having to spend my time to make money, I can freely choose to spend my time where I’d like, while I’m still increasing my purchasing power. This is Bitcoin. And that is just one poker session. What about all of the other days where I make money and save it in Bitcoin? The implications of this on an individual level are massive, but they are simply unimaginable on a global level. What if everyone on Earth was granted more time? What if we didn’t have to work more and more and more to keep up with an increasing cost of living? What if we could work less and less and less to comfortably pay off a more affordable cost of living? Compare this to the U.S. Dollar (and all other inflationary political currencies). The U.S. Dollar has *lost* ~7% of its value every year since 1971. If I choose to store my $1,909 of poker winnings in dollars, I would lose half of my purchasing power in 10 years. (Rule of 72, which states that to see how long it would take to lose half of your value, take the percentage of annual loss (7%) and divide 72 by that number. 72 divided by 7 is roughly 10.) By choosing to store my winnings in dollars, my value has gone from $1,909 to $954.50... as if I only spent one hour at the poker table. But I spent two hours at the table at a $954.50 an hour rate, so I should have at least $1,909. That’s the thing. Because I chose to save in dollars, my value has been stolen, but more importantly, my TIME has been stolen. Now I have to work an extra hour at that same $954.50 rate just to make back my money. Do you understand how insane that is? Imagine working an entire year and saving all of your earnings in dollars. 40 hours a week for 50 weeks. 2,000 hours at $20 an hour for a total of $40,000. You keep it in dollars for 10 years, it inflates away, half of the money's value disappears and 1,000 hours of time are stolen from you. That is 42 days taken from you. Imagine doing this for 10 years. That would 420 days of work stolen from you - over an entire year. That's as if you worked every single day for a year and didn't get paid a dime. And you wonder why the world is so broken. Consider the person that bought Bitcoin 10 years ago. Their purchasing power has gone up tremendously (a 483x, to be exact). Now, they don’t have to worry as much about working to make money. Bitcoin has done the work for them. That is what money is supposed to do. While the world’s productivity increases (we make better things more efficiently) over time, our money should increase in value as a result of that global productivity increase. Bitcoin is the reflection of that. Bitcoin is the index for global productivity. It makes no logical sense that we should have to be working *more* just to live our lives while productivity increases. But this is what inflation does. This is what political fiat currencies do. They steal your value. They steal your time. Humanity suffers as a result. Bitcoin cannot be inflated past 21 million bitcoins. That’s the whole point. That’s the core reason it is the greatest savings technology in the world. Don’t take it from me, take it from the market. Has there been any better place to store your money for the last 10 years than Bitcoin? There’s you in 2034 wishing you had saved your money in Bitcoin in 2024. Yet you’re here in 2024 with the opportunity right in front of you. The moment you start saving in Bitcoin is the moment you start freeing your time. The quicker you understand that (and act on it), the quicker your time will be freed. That’s the coolest thing that often gets overlooked with Bitcoin. The increase in purchasing power is great, but there is nothing greater than having our time free to spend as we truly please. Just remember that. Bitcoin is time.
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morpheus 1 year ago
Capitalization of gold: 17T Capitalization of real estate: 379 trillion Global equity market cap: 115 trillion Bitcoin market cap: 1 trillion With global liquidity increasing, negative catalyst decreasing, huge buyers joining, bitcoin is the clear winner for asymmetrical bet.