spacestr

🔔 This profile hasn't been claimed yet. If this is your Nostr profile, you can claim it.

Edit
TheBitcoinBattery
Member since: 2024-03-02
TheBitcoinBattery
TheBitcoinBattery 11d

This is HUGE news. I can't wait to see the button in the wild.

TheBitcoinBattery
TheBitcoinBattery 11d

Stealing this.

TheBitcoinBattery
TheBitcoinBattery 11d

Bitcoin is money. The stock market is gambling with money. The stock market is from what I can tell currently in a 90s era style tech bubble, generally in these situations gamblers ("I'm smart") or people who don't know any better move their money into said stocks. Doing so reduces demand for money and increases demand for the stocks. Bitcoin is down IMO primarily because the stock market is going crazy and people are jumping out of the "dead/boring" Bitcoin and gambling it into stocks. But stocks aren't money, stocks aren't scarce, stocks are massively overexposed to the centralized and manipulatable debt based paper instruments in which they are often measured. There's no fundamental reality-based reason why the stocks are going up so much, while there are fundamental reality based reasons why Bitcoin goes up in value over time: Programmed increasing valuation against time and energy. Limited supply. Proof of work issuance. Decentralized program updates. Etc. Eventually this stock FOMO and Bitcoin FUD will experience a massive reversal, at that time people will rush out of stocks and back into money and debt based centralized paper instruments they've been conditioned to see as money. But Bitcoin, with it's concretely inelastic supply, will benefit the most. The entire world has never been more interconnected, productive, or technologically advanced as it is today all while the majority of people struggle to survive because they don't have sound money. 9 billion individuals, in order to conduct transactions with one another in the largest free market economy the world has ever seen, are in desperate need for decentralized sound money. The world doesn't need stocks, AI, or data centers, it needs money. Bitcoin is money.

TheBitcoinBattery
TheBitcoinBattery 17d

Good morning everyone. I hope you all have a great day today. ☺️

TheBitcoinBattery
TheBitcoinBattery 17d

Not just savings, self custody is even more foreign to slugs.

TheBitcoinBattery
TheBitcoinBattery 17d

That sucks, on the bright side it looks like it didn't hit any metal paneling.

TheBitcoinBattery
TheBitcoinBattery 19d

Bitcoin is the invention of financial fire. The achievement of abundant scarcity. Humanity will never be the same.

TheBitcoinBattery
TheBitcoinBattery 19d

Artist: Aurenza Titles: Breath In, Let Go (Reimagined) Shadows Leaning

TheBitcoinBattery
TheBitcoinBattery 29d

Oof. That's a tough lesson to have to learn.

TheBitcoinBattery
TheBitcoinBattery 29d

Okay, here's a prediction, that number will continue to go up forever. Another prediction, in a decade the debt will be 80 Trillion...

Welcome to TheBitcoinBattery spacestr profile!

About Me

Bitcoin is going to fix everything. Don't worry, keep calm and stack sats. Don't understand why? Study markets, money, and history. Start here: Bit.ly/StudyBitcoin

Interests

  • No interests listed.

Videos

Music

My store is coming soon!

Friends