Bitcoin tanks first in times of crises because its liquid, global, and traded 24/7. Other markets follow. In times of crises, fear and doubt, traders and speculators sell what they can, not what they want. Market just opened this morning. Take a look: NVDA -7% META -5% AMZN -4% S&P500 -6% Dow Jones -5.5% MSFT -3.5% US Oil -2.3% JP Morgan -7.5% Bank of America -7.8% Nothing changed in bitcoin fundamentals, it’s just moving from soft hands to stronger hands, from short term holders to long term holders, from bears to bulls. Bulls aren’t willing to sell at cheap prices because they studied and understand the value of what they hold. If you want to buy from a bull, you need to bid up the price. That’s what drives market price up high. When the price is dropping, it just means bears are getting scared out and worn out. Bitcoin is a living being, it wants to be held by the strongest hands so that it can grow in value. To do so, it will shake up all of the soft hands before going up to the next level.

CCTV cameras every corner. 24/7 speed checks every few miles. Vehicles can be searched basically at any given time. In some places, you’re subject to fines when your household trash exceeds the weight quota… Freedom in America is engraved in its DNA. Americans must fight to keep it that way.

Spending a few days in europe will make you realize how underrated freedom in america is. Yes things are messy, but the constitutional rights are much more powerful than people think. Some of the constitutional rights go deeper than just laws on paper. You can’t just explain it to people who live outside the US. They have to experience it.

First time in #Amsterdam. Any cool shops/cafés for bitcoiners? #bitcoin

There us 2 types of people in this world: those willingly choosing bitcoin and those who will be forced to choose #bitcoin.

Inefficient boarding groups is also going to be laughed at. We know the optimal way to board planes. Airlines choose not to adopt it because it’s another excuse to squeeze more money out of passengers. Backwards.

Next generation will laugh at how backwards most of our systems are. Stripping off before going through an xray machine at the airport will be at the top of the list.

Can we all agree on how to drive on the highway? Right lane: heavy vehicles, driving 5-10mph below speed limit. Middle lane: cruising at constant speed (at around the speed limit) Left lane: passing lane only. Can only be there temporarily. Not for cruising. Accelerate, pass, and collapse back to middle lane. On ramp: increase speed then merge to right lane. Off ramp: decrease speed then merge from right lane. None of this should involve any braking. Braking is for coming to halts, not to decelerate on the highway. Predictability in driving behaviors leads to no unnecessary braking, which leads to no unnecessary traffic jams.

You get your bitcoin at the price you deserve, which is determined by your: 1) contribution to society (how valuable your craft is) 2) financial discipline (spending/saving habits) 3) time invested in studying #bitcoin

#Bitcoin is an abstract representation of your time and energy on this earth.

To all fellow #bitcoiners How do people decide to just move to costa rica? Do you fly there and buy/rent a house? How does that work? @Paul Saladino MD

Price of gold wasnt volatile until we changed the rules of its unit of measure.

“Bitcoin’s price is too volatile” is a funny statement. Yes. Of course it is when you measure it in fiat. The weight of a 5kg bag of potatoes will be volatile too if gravity changed rules every time you weighed the bag. The bag itself didn’t change. The unit you measure it with is not fixed.

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Fiat blurred the line between saving and investing. #Bitcoin can be both a SoV and a currency. Eventually, fewer and fewer people will accept fiat in exchange for goods and services. The few who accept it will also agree to take on bitcoin payments and convert them into fiat for whatever reason (maybe pay taxes or whoever the last business/person to require fiat payments only - maybe the IRS). There was a time where spending less than you earn helped you get out of the lower class and increase your PP over time. Nowadays if you dont store your excess cash in Gold, RE, Bonds, Stocks or event art, you lose it. Not anymore. Bitcoin fixes this.

Who invented the 9-5 system (school and work).

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Eat steak Stack sats Stay humble

Okay here is my 2 sats: I am by no means an expert in economics or financial markets. I am decent with math and have a (basic) background in computer science and programming. I only learned about bitcoin fairly recently (less than 1 year ago). I’ve been studying it daily since September 2024, and only bought in November. The first time I heard about it around 2017 I quickly dismissed it - my rule at the time was cash is king so why would I waste my time with digital money? I didn’t even have a credit card, just a debit card to withdraw cash once a week from the ATM. Once I read The Bitcoin Standard (after it sat on my shelf for ~2months), I truly felt like I was the last person to hear the news. Felt like everyone knows about the truth behind our financial system, and I just joined in. Then quickly realized, NOBODY is aware. I’m curious to why more people aren’t asking questions about our financial systems on a larger scale? And I mean people like parents who have been working for 20+ years, honest earners, and millionaires (surely you don’t become a millionaire by sheer luck)… Why do we have a federal reserve and almost every country has a central bank? Wouldnt be simpler if everyone in the world adopted Bitcoin? Why is there a “foreign exchange” industry that generates Trillions of Dollars annually purely on arbitrage (also known as speculation, or gambling imo) without adding a dent to the GDP? There wouldnt be a need for the Fed’s “dual mandate of price stability and maximum employment”. The free market will decide on the price of goods & services and the hard money will incentivize people to work and provide value for society because there would not be any other “easy” ways to earn money (unlike today where it can be borrowed and printed). Borrowing will still exist, but lenders will only lend capital if the investment is worthy. And anyone who decides to lend money they dont have will have to deal with the consequences. To this day I still don’t understand why this is not something the human civilization cannot agree on.

This is incredibly well done! View quoted note →

First time using Damus and exploring the free world. What’s the difference between this and Primal? #introductions