Every Bitcoin crash tests conviction.
Every block proves the thesis.
Still can’t inflate it.
Still can't confiscate it.
Still can’t censor it.
Still can’t stop it.
Taking Care of Bitcoin
TCBcoin@nostr.theorangepillapp.com
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Taking Care of Bitcoin Podcast
The traditional fixed income market is dying.
It just doesn't realize it quite yet.
Convincing people Bitcoin is valuable can be difficult.
Luckily, the empirical world will do the convincing for us.
The most prosperous individuals will hold Bitcoin.
The most successful businesses will hold Bitcoin.
The most powerful nations will hold Bitcoin.
A price deflationary world does not mean the end of spending.
It simply maximizes the efficiency of spending by all economic actors.
Individuals
Businesses
Nation States
All allocating capital at max efficiency; sending pure price signals and unlocking untold prosperity.
If we are going to call this free market capitalism, at a bare minimum, we should insist the cost of capital be determined by the free market.
The FED has arbitrarily controlled the cost of capital since 1913.
Bitcoin is now setting the free market cost of capital.
Tale from the front lines: accused of operating an unlicensed money transmitter business.
Taking Care of Bitcoin with Dave Scotese!