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Over the weekend @levelsio went on a tear about housing affordability. He made great points, but his ire wasn't directed at the core of the problem; broken money.
To make housing affordable again the monetary premium needs to be taken out of real estate.
https://www.tftc.io/bitcoin-the-solution-to-the-housing-affordability-crisis/
To make housing affordable again the monetary premium needs to be taken out of real estate.
https://www.tftc.io/bitcoin-the-solution-to-the-housing-affordability-crisis/
The government is openly telling you that it is about to run the fiat debasement playbook on "turbo" and you're still on the sidelines, anon?
There will only ever be 21 million bitcoin. Get your slice of the pie while it's still cheap.
KISS
There will only ever be 21 million bitcoin. Get your slice of the pie while it's still cheap.
KISS
The beauty of bitcoin is the simplicity of its design.
There will only ever be 21 million bitcoin.
Blocks come in every ~10 minutes.
The difficulty adjusts every 2,016 blocks.
The block subsidy gets cut in half every 210,000 blocks.
Blockspace is limited.
A transaction must be valid to get included in a block.
In a hyper-financialized and centrally planned global economy bitcoin's simplicity is counterintuitive.
"Monetary systems are complex. It can't be this easy."
Not only CAN money be simple, but it SHOULD be simple. We've been brought up in a counterproductive centralized system and humanity has succeeded in many areas in spite of the central planners.
Imagine what we'll be able to do when the central planners are replaced with a simple, neutral and incorruptible permissionless monetary network. Those who abide by and adapt around bitcoin's simple rule set will be able to coordinate economic activity with orders of magnitude more certainty than they have today.
No more guessing about what the Fed will do, how much debt the Treasury plans on issuing or whether or not capital controls will be turned on like a light switch.
That all goes away under a Bitcoin Standard.
Keep it simple, stupid.
There will only ever be 21 million bitcoin.
Blocks come in every ~10 minutes.
The difficulty adjusts every 2,016 blocks.
The block subsidy gets cut in half every 210,000 blocks.
Blockspace is limited.
A transaction must be valid to get included in a block.
In a hyper-financialized and centrally planned global economy bitcoin's simplicity is counterintuitive.
"Monetary systems are complex. It can't be this easy."
Not only CAN money be simple, but it SHOULD be simple. We've been brought up in a counterproductive centralized system and humanity has succeeded in many areas in spite of the central planners.
Imagine what we'll be able to do when the central planners are replaced with a simple, neutral and incorruptible permissionless monetary network. Those who abide by and adapt around bitcoin's simple rule set will be able to coordinate economic activity with orders of magnitude more certainty than they have today.
No more guessing about what the Fed will do, how much debt the Treasury plans on issuing or whether or not capital controls will be turned on like a light switch.
That all goes away under a Bitcoin Standard.
Keep it simple, stupid.
Spoke with someone who started a daily DCA into bitcoin recently.
"I was sitting there waiting for the right time to get in. Looking for a dip or an influx of cash to make a sizable buy and eventually I looked up and six moths went by. So I decided to just start buying a little every day."
This is the right mentality. Get off zero.
Too many people wait for an "opportune time" to get into bitcoin and miss out on massive runs. Bitcoin is a game of "time in the market" not "timing the market". If you miss the best 10-15 days of bitcoin performance in a year you'll miss out on most of the purchasing power increases.
Do you think there was an "opportune time" to adopt the internet when it came out?
Was there a "best" time to adopt gun powder when it hit the market?
Did you have an advantage if you waited a few cycles to take advantage of electricity?
No. In every case, the most opportune time to adopt these technologies was "as soon as humanly possible".
Bitcoin is no different. The best time to adopt better money is as soon as possible.
"I was sitting there waiting for the right time to get in. Looking for a dip or an influx of cash to make a sizable buy and eventually I looked up and six moths went by. So I decided to just start buying a little every day."
This is the right mentality. Get off zero.
Too many people wait for an "opportune time" to get into bitcoin and miss out on massive runs. Bitcoin is a game of "time in the market" not "timing the market". If you miss the best 10-15 days of bitcoin performance in a year you'll miss out on most of the purchasing power increases.
Do you think there was an "opportune time" to adopt the internet when it came out?
Was there a "best" time to adopt gun powder when it hit the market?
Did you have an advantage if you waited a few cycles to take advantage of electricity?
No. In every case, the most opportune time to adopt these technologies was "as soon as humanly possible".
Bitcoin is no different. The best time to adopt better money is as soon as possible.
It’s always important to remind people that Laszlo is much more than the “bitcoin pizza guy”. He created the first MacOS implementation of bitcoin and the first GPU miner.
His contributions to bitcoin go far beyond making the pizza purchase.
His contributions to bitcoin go far beyond making the pizza purchase.
Are the Japanese using Metaplanet as a bitcoin-proxy flight to safety as their government bond market melts down?
🚨 Japan admits its finances are “worse than Greece.”
🇺🇸 US consumer debt just slammed into a wall.
Global bond markets are screaming.
Fiat endgame is here—#Bitcoin is the exit ramp.
Dive in 👇
https://www.tftc.io/japan-admits-it-has-a-problem-and-consumer-debt-hits-a-wall-in-the-us/
🇺🇸 US consumer debt just slammed into a wall.
Global bond markets are screaming.
Fiat endgame is here—#Bitcoin is the exit ramp.
Dive in 👇
https://www.tftc.io/japan-admits-it-has-a-problem-and-consumer-debt-hits-a-wall-in-the-us/
The sats haters are going to be sorely disappointed.
There will only ever be 21 million bitcoin.
There are 100 million sats in one bitcoin.
It’s in your best interest to start stacking sats as quickly and aggressively as possible.
There will only ever be 21 million bitcoin.
There are 100 million sats in one bitcoin.
It’s in your best interest to start stacking sats as quickly and aggressively as possible.
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