A stock needs cash flow because it is a claim on a business.
Bitcoin needs trust because it is competing to be a savings asset.
Myntad
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Bitcoin insight made simple.
Bitcoin does not promise yield.
It offers something harder to find: a chance to hold purchasing power outside managed dilution.
The return on Bitcoin, if it wins, is not a dividend.
It is a repricing of what people are willing to give up to get it.
Tag a Bitcoin Maxi who kept you from shitcoining.
If an asset is money, the key question is not what it pays you.
The key question is what it lets you preserve.
Nobody asks whether dollars have a P/E ratio.
But somehow Bitcoin is supposed to justify itself like a stock.
The cash flow critique is mostly a category error.
People are trying to value money as if it were equity.
Bitcoin does not need cash flow because it is money.
The real question is whether it will buy you more in the future, not whether it pays a dividend.
Myntad
Bitcoin Has No Cash Flow. That’s the Point. Bitcoin Is Money, Not a Stock | Myntad
Bitcoin has no cash flow because Bitcoin is not a stock. It is money. Here is why that matters, and why Bitcoin may outperform equities in purchasi...
That's another 535 potential wholecoiners eliminated by Strategy alone in a single week. They are absorbing capital at a record pace.
Homes should serve people, not portfolios.
Lower house prices are bad for investors.
They are good for almost everyone else.
When houses stop competing with money, they become more affordable.
Earn bitcoin.
Save bitcoin.
Spend bitcoin.
Study Bitcoin meanwhile.
A house is a terrible financial asset.
It is illiquid, expensive to maintain, and geographically fixed.
I’ve been thinking about future-proofing at the individual level.
This led me to a thesis: Bitcoin may make financial capital more resilient relative to other forms of capital.
Wrote a short piece on it here. Curious if you think the framing holds up.
Myntad
How Bitcoin Changes the Power Dynamics of Capital - Myntad
Do you think of “capital” as just money and other financial assets? Like Pierre Bourdieu and many others, I think there are good reasons to con...
If the investment demand is removed, house prices would look very different.
Housing demand is not just about living.
A large part of it is about storing wealth.
When saving fails, everything else gets turned into a store of value.
Housing didn’t just become expensive.
It became a substitute for broken money.
What happens when it no longer has to play that role?
Myntad
Bitcoin and Housing Affordability: Why Home Prices Could Fall Back to Reality | Myntad
Housing is unaffordable in many parts of the world. Bitcoin could reduce speculative demand and bring home prices closer to their real use value.
When money works, you can focus on your work and let that be enough.