Oddbean new post about login | logout My Twitter feed has turned into mostly ETF & Saylor talk. Is this what excites most bitcoiners these days? Am I missing something here?
Time to move to nostr 😉
I see it here, too, but not to the same extent. We're all here for different reasons, and that's fine. I'm just trying to understand another's perspective here.
I think some see MSTR, ETF flows, and the US debt going parabolic and believe hyperbitcoinization started. It hasn't, it's a liquidity attack to catch the greedy. They still price in $$. We're not winning until companies start mass pricing products in sats and an ETF or big company refuses a 6102 and moves off shore
Bitcoiners are on nostr sir Twitter is for circle jerkers
on nostr we circlejerk about 🌽 on twitter they circlejerk about converting 🌽 to fiat
😂🤣😂🤣
It's always the youngest class that's the most excited.
I don’t see those talk and do not feel I am missing anything.
I’ve noticed the same. The TAM for CT is larger with price, etf, saylor, macro talk because it can appeal to nocoiners. It also takes no little work to talk about price and regurgitate saylor talking points. It’s quite sad that Bitcoin seems to be following that crowds lead and leaving the cypherpunks behind. Even Adam Beck posts regularly about MSTR and does ETF spaces.
Excitement about MSTR is especially puzzling. I really don't get that.
If you have a self invested pension it's the best exposure to BTC but other than that it's for boomers.
I don't know what a self invested pension is. I hold Bitcoin because I want self custody of my money.
In the UK most workplaces are required to pay into a pension plan for employees so everyone has work place pensions that you cant touch until retirement. More savvy people transfer those funds into SIPPs so they can at least control what that money is invested in like MSTR etc.
It’s a UK pension pot that is self invested. MSTR is the only way you can use a tax efficient vehicle to invest in Bitcoin. ETF exposure is banned. Direct exposure to Bitcoin is also made very difficult - it’s almost as if they don’t want you to own it - it’s for your own protection. 😉
I hear you but he's still my favourite newcoiner. But yeah, he's not saying anything we haven't said for the last 15 years
That's one reason (of many) I went Nostr only. I'm more interested in building the future. I'm so fucking sick of hearing about the ETFs and how this or that has X as much as Michael Saylor in X time. I don't give a fuck. Institutional interest is only surprising if you're not confident in the value of #Bitcoin and its incentives. It was interesting for a week. Time to move on.
We need a matured lending product using bitcoin AND other assets as collateral. Current products are short-term and “high” interest rate…meaning they introduce too much liquidation risk given bitcoin’s volaitlity. We need wholecoiners going out into the world and buying companies / assets and running their business through a bitcoin frame. With the current financing mechanisms, this is too risky (even though on a 5-year time frame it isn’t).
Real bitcoiners are Nostr only.
The fact that you’re still on Twitter shows where your heart is man up download your Twitter archive get off there get over here and start being who you’re supposed to be Or if you need, it said less bluntly. Hi, Luv 💚 is the answer.
Don't tell me what to do! I like using Twitter for many different reasons. I like using Nostr, too.
Well done. Always speak your truth and be who you are. 🫂🤩🤣
Twitter? masochism much?
F Twatter
It is entertaining to watch the speculative attack finally play out after a decade.
NOSTR HAS THE BEST FEED 🤙