What the gold market tells me about Bitcoin: - you can have the right view but just be too early: I invested in gold in 2020 and 2021 alongside bitcoin back when Zoltan Pozsar toured podcasts. For 2-3 years, not much happened. - diminishing returns do not apply to hard assets. - momentum beats rationality in the 1-5 year frame: see the silver - market structure beats market cap: when everyone has 2-5% gold exposure and believes in it, they won’t sell when it doubles or triples. But when crypto degens make 100% gain in 1 year, they flood the market with stop losses - payment capability is irrelevant to price, or else: price is determined by stock, not flow
😎 it’s a techno world
Nostr seems to be for Bitcoin devs and Bitcoin content only. How can it attract a wider public fed up with the Dschungelcampization of Social Media and public discourse? Big opportunity!
As governments around the world need to find ways do diversify away from the Dollar as a settlement network (SWIFT system) and reserve (UST), it is perplexing to see why only China and Russia seem to grasp that Bitcoin is the ideal solution. What are your top reasons as to why that is? Do you think governments are so regarded that they first load up on gold just to realize its ill suited for settlement?
Our Portfolio Managers Weigh Impact of Trump’s Tariffs | VanEck
Our Portfolio Managers Weigh Impact of Trump’s Tariffs | VanEck
As markets react to sweeping new tariffs, our portfolio managers weigh in on what this means for their respective asset classes and strategies.
This makes you high if you‘re not and if you are it makes you double as high
When will bitcoiners admit they elected the wrong guy? All this rationalizing of pure madness, it’s quite embarrassing!
If you’re overly anxious about price, just do a candy flip at a fucked up rave and you’ll feel very relaxed about it, trust me
I’ve always thought we wouldn’t succeed unless we totally separate from shitcoins. Based on this order, that will happen. The executive order is the final death blow to shitcoins and I’m quite happy we’ve achieved that
As a huge tea nerd, I’m planning to travel Taiwan to source the best oolong teas. Maybe I should start an import business based on direct bitcoin payments to local farmers. @Giacomo Zucco and planB have already planted the seeds there.
I'm drinking a 2007 aged Sheng Pu-Err tea from the deep mountains of Yunnan. Life is mysterious with this tea, full of wonder. In the depth of my insecurities, I cherish this moment, hopeful of future days