A flood is coming to the neighborhood. You're "diversified" in it with multiple houses. Flood insurance trading at $0.0025 on the dollar. The only way to buy this insurance, however, is to smash the dam with a hammer. 99% of the town owns zero insurance. See the problem yet? #Bitcoin

All it took for #Bitcoin to trade up to $69,000 USD was a couple million hardcore holders that refused to sell their 90% of supply. What happens when there are 500 million hardcore holders that refuse to sell the next 9%? What about the last 4.5 billion over the last 1%? Food for thought.

The entire reason we diversify is because we don’t have thermodynamically sound money. The entire reason we breed large animals for transport is because we don’t have a mass transit system. The entire reason we kill whales for oil is because we don’t have mechanical luminosity.

What, what if #Bitcoin is not a symptom of the increasing speculation of an increasingly corrupted ledger? What if Bitcoin is actually the solution & it’s doing exactly the opposite of what you would expect the world’s lowest risk asset to do?