Oddbean new post about login | logout There are no diminishing returns when a step change takes place. Bitcoin is not a marginally better $ or gold. #Bitcoin is a 1000x improvement on any monetary technology devised in all human history. Diminishing returns is an irrelevant concept when the entire game has changed. https://image.nostr.build/d6e20bc2b30efc86b85f991a3409435ff1c03746a5384c00d8d9dd1e2151639d.jpg
Diminishing returns is such a fiat term…
It is a bit. I thought the returns were the friends you meet along the way. They don't seem to be diminishing. 😆
Hell yeah Fren.
Will try not to trip on the step!
You got it right.. Meow meow 😻 Meow meow 😻😁👍.
Of course there was no "just having fun guys" and "you shouldn't listen to me if you are a trader" disclaimers until after the price got hit hard after the ETF approvals. https://primal.net/e/note1m2j4dkv33e2jax8wpys2r99h3zfqgavfysu8xl3w35xkn59eqadqn2pewd
Samson Mow: The people who don't think people bitcoin can reach $1M in days/weeks after ETF approval are in for a surprise! Newbie into the bitcoin space: Samson said we are all going to be rich in a few days! He is an OG! Look at all his followers! Going all in! ETF gets approved. 10 days later, BTC down 15% in price against the dollar. Newbie: REKT! Samson Mow: (after the fact brings out the disclaimer ) Just having fun guys! Don't listen to me ! Of course, no reputational damage for Samson after continually making ridiculous erroneous predictions. Me: Ugh.
Bitcoin is miles better Not everybody wants you to know that :)
isn't DR a manufactured concept in wall St. high finance textbook based around continuous normal distribution?, such crap quants throw around to sound smart 😃
