@sats per dollar

I like to think of bitcoin’s fixed 21 million supply as a giant dead rotting whale resting on the ocean floor. Every day, every week, every month, small fish show up ( HODLers quietly DCA’ing). They take tiny bites. Relentless, patient, unemotional. They never stop eating. Every so often, a massive shark appears (an institution, a trader with size). It takes a huge bite, causes a splash, sends waves through the ocean. Then it swims away, and often spits that bite right back out. That’s volatility. Meanwhile, the small fish never leave. Over time, more and more of the whale is consumed. Eventually, there’s less and less left for the sharks to fight over. Some creatures take bigger, permanent bites (think Michael Saylor). Those aren’t trading bites. Those are forever bites. The point is simple: the whale is finite. The eaters are multiplying. And once the whale is gone, the ocean changes forever.

It do be like that

Tonight’s Scottsdale #bitcoin meetup was off the hook

BEAUTIFUL I T A X E

Bro, how the fuck do bitcoins work!?