#bitcoin, energy, & finance scarcity requires trade-offs.
8R0ck3feller @8r0ck3feller - 14h
Bitcoin mining is the most ruthlessly competitive venture the world has ever seen. It will be difficult to sustain bitcoin mining as its own going concern through multiple cycles.
Keep those miners from turning off and starting the inevitable supply squeeze. Stall, delay, and try to find ways for the existing institutions to participate in bitcoin.
Who is spam attacking bitcoin today?
No. https://image.nostr.build/8f64d43bf6c5a5ec215d0d042398a1bdca7a9e93b32017ff9855df0ca549b744.webp
8R0ck3feller @8r0ck3feller - 2d
Nigeria just needs to embrace bitcoin. 100% Get rid of the Naira. Nigeria is the perfect example of regulations not enforceable aren’t real regulations. They can’t even census half their population in Lagos. Nigeria is a key domino to fall. We need Nigeria to embrace bitcoin.
8R0ck3feller @8r0ck3feller - 3d
Bitcoin is permissionless free flow of capital. A government can only have one of the two remaining policy choices: (1) fixed exchange rate (to Bitcoin) or (2) an independent monetary policy. 🤯 No wonder the existing power structures don’t like it very much. https://en.m.wikipedia.org/wiki/Impossible_trinity
Maybe V4V is working by showing there isn’t value in the way “creators” think that there is (and/or should be) value?
8R0ck3feller @8r0ck3feller - 4d
Mandibles, nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx https://fred.stlouisfed.org/graph/fredgraph.png?g=1m0H6
Been a few years. Need that NGU soon.
8R0ck3feller @8r0ck3feller - 6d
208,500 to go. Tick tock. nostr:note1uhmjxq3vctptxdacsr676yesn77553s8x2fwppc4j9hcpng3m9zq9gl54t
Will the PGA Tour / LIV merger be announced this week? nostr:note1nrza069ewsv0aqf4zq0j8664w8gejxgu4ptce3zzjghww5clfwqs36ttrp
8R0ck3feller @8r0ck3feller - 7d
NGU needs to happen for more people to “see it” … bitcoiners have got the theory right but the actual manifestation of “Bitcoin is the apex predator” only comes with NGU. Bitcoin price has been stuck or backsliding for 3 years.
8R0ck3feller @8r0ck3feller - 8d
Agreed. Who is going to do it? nostr:note1cnjtssw739wr882zaq4jyx5k52qxzdhx7kpv7uv5mr8jtfwe9nkqunlcyt
The class of 2021 needs some NGU to realize the windfall earlier classes have aiding their peace of mind … feels very much like there are forces out there working to suppress this next wave of financially free bitcoiners.
Does anyone have a quick reference to the BlackRock analysis that showed optimal portfolio allocation was bitcoin >80%
https://image.nostr.build/51efbeb6d6321c8a1e18daaf70e06565909153e39661868e249a168335e61504.jpg
One of the apex features of bitcoin as an asset. I just wish I “owned” some. nostr:note1jy9kd38nnevekuml8rpttj6c4vj2uzuaakf8eqwmgv573cw9k7kqzyj9xj
8R0ck3feller @8r0ck3feller - 9d
Western civilization has a lot to lose from the rapid unraveling of established institutions. Developing countries don’t have robust institutions so disruption won’t be as painful. Through an optimistic lens, Western governments are just trying to manage an inevitable transition orderly. Stall, delay, find ways to let the old guard participate.
Whatever happens, bitcoin has Texas. And Texas has enough energy, money, intelligence and tenacity to keep bitcoin going in the face of globalist attacks. Bitcoin wins. https://image.nostr.build/f94b07c5fb19f452d02deb7cec0b5edfa7cbd184dec6da80d358bcaed686a858.jpg
8R0ck3feller @8r0ck3feller - 11d
Any mandated bonds won’t involve bitcoin IMO