Gm #Nostr 🥳🐂👋🏼
I'm here, not because I'm the smartest.
I'm here because so many intelligent people are here, many that are much more intelligent than me.
That's my superpower, knowing & not knowing.
#nostr #Gm #Bitcoin
Say you're a major hedge fund or bank looking to make large #Bitcoin purchases.
You take a large portion of your cash reserves, start mass #Bitcoin inscriptions driving up txn fees with the goal to feed #Bitcoin miners, then purchase #Bitcoin OTC.
Increased miner revenue, especially the publicly traded miners, puts sell pressure on price action; Maintaining a moderate price for accumulation.
If inflation is going to erode the value of fiat, why not quietly swap it all.
That's why I would do with a couple spare billion. I mean, billion are pennies to trillions.
Just a thought of our current #Bitcoin climate. Bullish in every scenario.
My two cents.
#Bitcoin >> #Ethereum
#BRC-20 >> #ERC-20
#Ordinals >>> #NFTs
The #Bitcoin ecosystem is surely going parabolic this bull run.
The later two, whatever your feelings, will help drive #Bitcoin adoption.
Good day to you all.
Grabbed a few ordinals on stacks.
BTC fees are just not worth it atm.
However, I will be buying from 1 specific set, and hodling.
Whether you agree or not with bitcoin ordinals, they will drive users from Shitcoins back to Bitcoin.
Ordinal fees are also subsidizing miners.
Lastly, I believe, soon there will be a nice premium on un-inscribed sats, creating a new tertiary market within this emerging secondary market.
🤷🏾♂️🤔💎
