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BitcoinChurch
npub1fzwm...wyru
Hear me out: what if we hard fork to add more precision (sub-satoshis), and also increase the supply slightly by extending the distribution schedule starting with 0.5 sats/block in 2140, 0.25 sats/block in 2144, etc? This would still keep the supply under 21M, correct? Perhaps this type of “tail emission” would be more palatable than 1 sat/block forever? And could be extended again by adding more decimal places and extending the halving schedule. Am I insane?
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BitcoinChurch 1 month ago
I know I’m not an influencer, and don’t have a big following, and I’m not as active a nostr user as I would like to be. I only post or repost stuff that I really think is worth sharing, not every random thought I have. And I am much more active on nostr than on other social media which I mostly ignore. So anyways I just wanted to say, if you are a human that follows me and are reading this note, I really do appreciate you sticking around and hope something I share improves your life in some small way.
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BitcoinChurch 1 month ago
I was thinking. This run has been pure speculation. Speculation that corporate/central bank/govt treasuries and institutions and money printing will fuel the “supercycle” and pump the price to $1m. Institutions (pensions, insurance, etc) are not buying. Corporations/central banks/governments are not buying (microstrategy and El Salvador are still the outliers, no other big entities have followed so far). The money printing has not yet commenced. Everything over the past year was pure hype based on trump opening the regulatory flood gates and the money printing, resulting in tons of money pouring into bitcoin. Now all the speculative money is being washed out. They took profits and are going to wait for the narrative to shift so they can speculate again at some point in the future. The question is, are the big institutions still coming? Is the big print still coming? If yes to either or both then this current price dump will fuel a massive pump (perhaps approaching or even exceeding $1m?). Have we hit bottom yet? 🤷‍♂️. But I know that when we do hit bottom (which I believe will be significantly higher than the cycle low of $15k - I’m guessing somewhere in the $50k-$80k range), it will be short lived, and the next bull run will start quickly thereafter and will be epic. I’m hodling.
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BitcoinChurch 2 months ago
Mom is nearing end of life. Very difficult time. Trying to be strong for everyone but it is tough. Time is the only scarce resource. Don’t wait to make what you want out of this life, it is a quick ride.
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BitcoinChurch 6 months ago
They said it was for the black man They said it was for the Mexican, and not for the white man But if you look at the street, it wasn't about Rodney King And this fucked up situation, and these fucked up police It's about coming up and stayin' on top And screamin', "187 on a motherfuckin' cop"