Great discussion guys!
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Great discussion guys!
Take my sats already 🙌🏼
Iran unsubscribing from the petrodollar and seeking to charge a BTC toll to pass through the straight is hella ballsy (see Saddam Hussein and Muammar Gaddafi). That said, LFG!! At $72,000 per $BTC, each ship = 27.7 BTC. On average, ~130 ships crossed daily. • Daily: 3,611 BTC • Monthly: 108,333 BTC • Yearly: 1.3 million BTC The entire Bitcoin network only mines 450 BTC per day. Iran would be positioned to accumulate 8x the net new mining supply. Every nation state will eventually find their way here…beyond the death of the petrodollar, Panama Canal next? After all, why would countries use currency that a geopolitical foe can inflate away when there is a trustless alternative that encourages global cooperation. Supply shock is imminent, there simply isn’t enough Bitcoin to go around once the world’s participants (nations, companies, and individuals) realize how much they need it 😏
Not shocked about Meta, glad to connect here, love the ethos, reloading on your products to support uncensorable sovereignty. Cheers you two!
Just joined the Peony Lane Wine club after trying the Pinot last night. If you haven't had the chance to taste it yet or have been putting it off buying your first bottle, consider increasing your time preference just this once. Cheers Peony Lane is a must for any bitcoiner who enjoys great wine.
Make Orwell Fiction Again. Libertarian, freedom maxi, Bitcoin philosopher. Author - Break the Stake. Host/author of the 'Bitcoin isn't for You' podcast series.