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adam3us
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#bitcoin at $105.5k
bitcoin
hasn't been this high since jan 30th $106.5k and the
ATH
was 20th jan $109.6k *other than a brief intraday spike to $105.7k on 12th may
#BTC
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"time variance authority" -"Loki" TV series. TVA feels similar to the bitcoin timechain. except there is no authority, just decentralized fundamentals: physics, entropy, game-theory and economic incentive.
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with bitcoin the timechain drives the arrow of time with proof of work. bitcoin not blockchain, rather timechain!
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suggested treasury company metric: "months to mNAV cover" eg @Metaplanet_JP has 2x yield (100%) in 3 months. and yet mNAV is 3.3x. so it would take 5 months at 2x to cover the mNAV, after that further yield is all upside (assuming btc/share increases reflect in pricing).
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