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@birdeye21
stacking since: #193379
111 sats \ 0 replies \ @birdeye21 OP 9h \ parent \ on: Hey all. What have I missed? AskSN
Will get caught up, thanks for sharing chief k00b
Love the shift to non-custodial!
I must also mention that I’m a person who has trouble living in the moment. My brain is constantly thinking about and preparing for future events. I have flirted with eastern philosophies in an attempt to live in the moment, with limited success.
Me thinking about the eastern philosophies classes i used to take for this same reason o.0 xD
Great post Siggy. That Pink Floyd line hits hard.
How i see it, at the end of the day, Bitcoin only enriches your life if you use it to do so. Holding it for the next generation is noble, but so is enjoying the life you've earned! Spend some coin on her! We wont tar & feather here
MSTR/BTC on the Log scale is compelling to look at. The cogs are turning
I agree that nothing changes about the fundamentals of investing on a BTC standard, it becomes the new baseline to bet against. It is just the nature of a deflationary baseline currency rather than inflationary ones like dollars and gold that make me question the long-term sustainability of any uptrend against Bitcoin. Most people will not need to invest like we do today as tech + BTC decreases the cost of living, but for those who do, MSTR looks to be great bet i must agree
idk really, i just know that MSTR is not a perfectly scarce money and so i personally wont be holding it long term 😭 "Rug pull" price action is how I assume most things will look relative to BTC over a long enough time frame; if it's truly the "baseline" measure of value for the world, then nothing should outperform it long term, and hoping that anything will keep up/outperform is speculative imo, not bad, just an investment opportunity if you see it as such!
There's also nothing ruling out Microstrategy cratering in on itself for any given reason. Just having a BTC balance sheet doesn't inherently mean you have a valuable company
10 years? Block reward will be less than a full BTC...I cannot imagine the scarcity effect. Everything relative to BTC will look like a rugpull im thinking, but it could depend how long the US can kick the can down the road i suppose
What a fitting post for today siggy
It is interesting to feel how real inflationary monetary policy is starting to become and bite people. I've noticed more and more people simply accepting that they probably wont be able to have kids/homes, nice things...
And yes, the price gouging talk is so so frustrating because it so blatantly demonstrates the gaslighting. Makes it easy to lose hope for the US..
Yes, not sure tech will ever be able to “perfectly” replicate it. But we’re getting damn close. And at the end of the day, tech is a part of nature is it not ??