He’s a gamer, like 28, and is US based, if he’s not a bitcoiner, something is wrong. I’m fine to come across as an insane bitcoiner, won’t be long until I get reclassified as a genius…… shit, must remember to stay humble.
I’ve missed you guys over the past couple of weeks @Ian and #flirtingwithbitcoinclips. When they displace your people and took their land, they cannot take your #bitcoin. Your move colonialists. #bitcoin https://fountain.fm/clip/4Y0npqG3GJIKjkGJ2INK
It is more of a digest of a range of papers from the past week, including a little bit of science, food, media and a bit of finance. @theweekmagazine on twitter
Not #bitcoin or personal advice, but I find I get a lot of pleasure from supporting an awesome figure and artist in the Bitcoin/rand/“living one’s best life” space who will help bridge the Bitcoin-normie chasm. @MADEX emissary programme is pretty cheap and even has a prize draw, of course you can buy his art as well, but some can’t. https://image.nostr.build/cbbe43c61c8010fd5d3e051e6cf65144f9d1644ed552e2c9de7bab461d506cce.jpg
So #bitcoin etf wise, in the 1970’s when Gold was made legal to hold, price didn’t rise immediately, people front ran, bought the rumour, sold the news (thanks @TheMarketHuddle ), in the 2000’s gold took around 18 months to get running after #gld was launched.
Also likely some front running and rumour selling went on, BUT, these events will have also given miners a chance to up production,and increase supply which would also suppress price,supply actually fell into into both events, pumping price before the event, #bitcoin is different
As we know, into the #bitcoin etf launch, supply will not change, supply will not grow following etf launch, and will actually be cut in half in April 2024. If the SEC actually does their job, another factor that suppressed #gld’s price was unaudited paper gold.
If these products are appropriately managed, this should not be possible as we should be able to validate reserves onchain for these #bitcoin etfs, and if we can’t, I’d recommend moving your funds to a firm that can.
History does not repeat, but it can rhyme.Things will not play out exactly but we can learn from what went before. Games will be played,but it will be a lot more difficult to get away with it with #bitcoin ,don’t trust, verify. Bitcoin is not just gold 2.0, this time is different. https://image.nostr.build/334873c16d1896b228c55e3db2330e5c1499406f236f8549763df27b75a8ba2c.jpg
Also appreciate Freddie’s direction on life goals, have eaten a triple decker bacon and cheese sandwich this evening, wasn’t accompanied by double die hard, but definitely a good addition to any day.
At what point in the bull market should I revise my standard zap for 37 sats? 🙌 @ck for the inspiration, but it is just going to start getting expensive (there is still some fiat “unit of account” mischief going on in my life).
Has a dehydrator setting on the airfryer. Never used it, but either way, I’ll be eating the steak that comes out, whether I make it again will be another thing!
Oddbean new post about login | logout
Notes by DugandRupe | export