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Price action makes us riiiiiicher, bitch.
That's good. We need better command over material goods
Rich in what way? Fiat? shake my head, you are still learning.
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40 sats \ 17 replies \ @ek 10 Nov
Bitcoiners becoming more wealthy and thus acquiring more power in the legacy system is important.
Rich in the ways that matter in the current world.
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this 👌
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In what way? To be rich in USD and be left out of the rise? Everyone talks like they are taking profit, but a majority of the bitcoiners are holding, not cashing out.
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30 sats \ 14 replies \ @ek 10 Nov
In what way?
You don’t see rich people in USD having a lot of influence?
I’m not talking about selling, I’m simply talking about influence. You’re still rich in USD terms even if you don’t sell. Also, even if you’d sell, doesn’t mean you need to sell all of it.
The only reason people look to MSTR is because the price went up. That matters. They don’t need to sell for this effect.
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Rich people do have influence, I am not saying they dont. I think the power structure will be changing soon.
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20 sats \ 12 replies \ @ek 10 Nov
So bitcoin price in USD terms matters or not?
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It only matters if you sell your bitcoin for USD. If you are still holding it in bitcoin, its bitcoin.
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30 sats \ 10 replies \ @ek 10 Nov
Rich people also don’t hold cash, they also have their net worth in assets. I see no difference.
10 sats \ 3 replies \ @senf 10 Nov
I'm rich in how many tacos my sats can buy.
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But what kind of tacos??
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10 sats \ 1 reply \ @senf 10 Nov
Tasty ones.
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Baja fish tacos!!
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