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Toxic Bitcoiner
@toxicbitcoiner

Bitcoin zealot 🐝 Free Julian

321 following 170 followers

Toxic Bitcoiner @toxicbitcoiner - 2y

So 1, an easy fix is just to say “in today’s dollars.” (Even though you need a multiplier at higher BTC valuations.) And 2, it’s not about being “priced” in Bitcoin, everything will be priced in Bitcoin. What I meant was how much of the monetary premium or reservation demand will be eaten by Bitcoin. It can’t be “all”. Ex. Houses and equities will still have value, just not nearly as much as today.

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Toxic Bitcoiner @toxicbitcoiner - 2y

Are there still Bitcoiners who think that Bitcoin is only coming for base money and payment processors? The TAM is much higher than that, closer to $600T IMO. https://image.nostr.build/e62b27303dbaddbcf6d9cc5f9dc21091c64767ea059c229b7b747f3e589b6c72.jpg

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Toxic Bitcoiner @toxicbitcoiner - 2y

BitcoinCo Visa cards next time. No KYC. If your recipient takes visa.

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Toxic Bitcoiner @toxicbitcoiner - 2y

Check again

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Toxic Bitcoiner @toxicbitcoiner - 2y

Waged war on the south to maintain his tax base. South was ~1/4 of the population but paid ~75% of the taxes. Passed the amendments to justify his war. Dominic Frisby has an episode with Breedlove about it. https://youtu.be/0fbOndVfYDM?si=nB6AkfcZtiHoMJ5A https://image.nostr.build/4747f86df533b6fbc5288cda57cdaee35cede1f6c310cd1c6d19cee69748581a.jpg

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Toxic Bitcoiner @toxicbitcoiner - 2y

TBF, she was just at Bitcoin Amsterdam and is starting to get into Bitcoin.

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Toxic Bitcoiner @toxicbitcoiner - 2y

HNWIs who buy treasuries instead of Bitcoin are just better capitalized DeFi bros. Where does the yield come from?

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Toxic Bitcoiner @toxicbitcoiner - 2y

3rd nonstarter is that FDR was also a tyrant who prolonged the depression, defaulted on gold in 1933, massively expanded the power of the State with coercive Ponzis like social security, and probably let Pearl Harbor happen. nostr:note12tkls2n8zlztc6z75uxw0txysa32gaky74z9va47khm5lavn7museylpva

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Toxic Bitcoiner @toxicbitcoiner - 2y

Bobs https://image.nostr.build/30deb9b85688ccf9756798938d7ffb04d45660723458ba57bc101f82c057b94f.gif

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Toxic Bitcoiner @toxicbitcoiner - 2y

Holding gold monetizes violence. Holding Bitcoin monetizes peace.

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Toxic Bitcoiner @toxicbitcoiner - 2y

https://image.nostr.build/7d94f65efb450ca02f91db568126c16ad940462029145152c9ad5462312544e7.jpg

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Toxic Bitcoiner @toxicbitcoiner - 2y

Fiat money persists only as long as coercive demand remains profitable.

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Toxic Bitcoiner @toxicbitcoiner - 2y

https://image.nostr.build/c028e8726e574c203a568e2208c913aa3fa465c75c67405709e3255a27d5896a.jpg

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Toxic Bitcoiner @toxicbitcoiner - 2y

https://image.nostr.build/c028e8726e574c203a568e2208c913aa3fa465c75c67405709e3255a27d5896a.jpg

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Toxic Bitcoiner @toxicbitcoiner - 2y

It’s not belief, it’s violence. Fiat’s value comes from coercive demand, it is inherently violent. I don’t like the belief framing because it feeds into the “money is just a shared delusion” error that people use as gotcha FUD against Bitcoin.

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Toxic Bitcoiner @toxicbitcoiner - 2y

It’s an ice cold thing to say to someone and a good barometer for their sanity. “Now if you begin to feel an intense and crushing feeling of religious terror at the concept, don't be alarmed. That indicates only that you are still sane.”

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Toxic Bitcoiner @toxicbitcoiner - 2y

Seen The Count of Monte Cristo? V’s favorite movie. 2002 version is pretty good. Most of us have an Edmond arc.

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Toxic Bitcoiner @toxicbitcoiner - 2y

Is this attributable to anyone yet or can I claim it? “What you say about Bitcoin says more about you than it does about Bitcoin.”

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Toxic Bitcoiner @toxicbitcoiner - 2y

Can’t https://image.nostr.build/d57ba2c484aedadead94b298b21ef53a65c61a8c558a10c3c6ab705cfd4b3c8e.jpg

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Toxic Bitcoiner @toxicbitcoiner - 2y

Do you have the template for this?

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