Yeah that last bit resonates a lot. You definitely feel like the state owns you more when you buy land. I guess a necessary evil for your primary residence and pretty questionable as an investment vehicle unless you want to become full time landlord.

How does real estate play into this great taking hedge? I don't see you mention it much.

Nice, thanks for genuinely keeping Bitcoin alive. Even individual purchases make a big difference.

"Zoom out" is one of the gayest catchphrases you guys have. Can you not max out on Bitcoin podcasts all day? Don't you get bored of hearing the same shit every time?

HFSP is not a particularly bright argument to make when Bitcoin is down heavy right now and Monero has been staying quite strong with a good solid floor of usage to fall back on consistently.

FCMP++ is in stress-net now and is going to go live on mainnet likely this year. It's the biggest hardfork in Monero's history and is groundbreaking new cryptography. Monero is the opposite of ossified, it's on the cutting edge. Nostr is about as private as social media can be which is to say its pseudononymous with only IP exposure on most clients. Idk what more you could do, social media is supposed to be public. Bitcoin is terribly uncompetitive as MoE on L1, and has a major UX, scaling and privacy issue even on Lightning. It's ossification is its downfall. Everyone's pivoting to SoV HODL use case but don't realise there's no value to store if Bitcoin can never be a MoE.

I think everyone's gut is wrong with the M2 chart after 2022, it literally makes no since like since when does money supply decrease?

Yeah it still was, M2 actually dipped a bit and rose slowly after around 2022 til now. The M2 chart is insane in general after 2020.

Totally agree, hard forks around tokenomics are nearly impossible. I'm hoping 0.6XMR per block is a sufficient emission long term because it will be nearly impossible to change especially as the network grows.

Yeah I didn't even think of that funnily enough. Not only diminishing returns ATH to ATH in pure numerical terms, but compared to M2 it's extremely concerning.

If Bitcoin's next ATH is only at $175k or even $150k it's in serious trouble as a long term SoV. Time will tell, but that would be a good range to keep in mind next cycle. I welcome any counterarguments.

That would be devastating, idk if I'd go that far I think they still have one more to go.

It's so difficult to project timelines. I think it's likely within 40 years. That's all I can say with any degree of confidence.

Thank you for the response. I've found 401k loans are basically the only way to reduce 401k overexposure since the interest is paid back into the account making more akin to a early withdrawal you must pay back in intervals. Unfortunately it's only for 50% of the vested balance and up to $50k, so while I can kick the can and keep taking our 50% amd buying real assets, I'm still greatly exposed. Seems there's not much more to do though, thanks again.

Bitcoin died after small blocks one, it's basically indisputable now in the age of ETFs and Bitcoin reserves. makes a real good case for Bitcoin Cash as a means for all these sha256 miners to recoup their costs in the case Bitcoin goes toast. I'd imagine a coordinated shift to Bitcoin Cash is way more likely from this point, and others, then for a push for LTC or XMR. LTC is useless and XMR completely uproots the states power, it will be attacked forever.

Either that or by random chance it was creates with perfect conditions to be coopted early and sequester all the anti-fiat energy into a completely nom-threatening asset.

's best article yet. Its a long one but a must read.

Yeah true if you factor in M2 the two ATH numbers aren't much different.