You can't eat Bitcoin. You can't use it to fuel your car, airplane, truck, tractor, or to run your generator, fertilize your fields, heat your house, power your chemical refinement or desalinization plant, or transform it into plastics. Bitcoin is an energy store, but you can only release that energy if you can trade your Bitcoin for energy. The market needs to offer the energy in trade. There needs to be market alignment. A picture of a pipe is not a pipe. A store of energy is not energy. Money you can trade for food is not food. This coming wave of consumer price inflation is an effect of true market scarcity of goods caused by global logistics interruption, analog to the COVID era. They will try to print money, to alleviate the pain of the missing goods, but that will just make the remaining goods more expensive (which Bitcoin *can* protect you against; that is its purpose). Stack your sats, but also: plan accordingly and understand scarcity. image

Replies (10)

Carlos Vega's avatar
Carlos Vega 2 weeks ago
Bitcoin’s value hinges on liquidity—its ability to be exchanged for real-world energy, which depends on market trust and depth. Your point about alignment is valid, but energy markets are adapting too: Saudi just rerouted crude to bypass regional conflicts, proving flexibility in trading channels matters as much as the commodity. Worth a read:
S!ayer's avatar
S!ayer 2 weeks ago
Who calls it a store of energy omg thanks for that laugh ahahahahah fuck Is it like I will get my kWh back? Ahahaha omg that's so silly
S!ayer's avatar
S!ayer 2 weeks ago
Same as "you can't eat money" right? All in on one thing often is detrimental when it comes to finances.
it's a "claim on" something... i assume in this case it's a claim in a claim system that gets disrespected in turbulent times. so the librarians will work to restore order but until then it's mayhem in the stacks.
Yes, you can't eat money. That's the point of the article. Also that money isn't wealth. It's _potential_ wealth. You can't know how valuable a money is, that you have, until you try to spend it on something you want or need. Wealth is always measured in the tangible.
Depends upon which money you compare it to. It's holding on better than almost all fiat. Not as well as gold or Rheinmetall stocks. Maybe better than silver. It's probably the strongest money most people on the planet can reasonably acquire.