Damus

Recent Notes

Russ profile picture
Bitcoin Monetary Policy Theory:
-Bitcoin holdings are relatively concentrated, and even more so among hardcore Bitcoin enthusiasts.
-TradFi drives Bitcoin's price to low millions, absorbing massive flows that would otherwise exacerbate inflation in traditional sectors such as real estate and commodities. Think Cantillon effect but concentrated in Bitcoin.
-A rapid price increase from $.07M to between $5M and $7M, would shake out the more casual Bitcoin investors on the way up.
-Hardcore Bitcoin enthusiasts however, being accustomed to frugality, while extremely wealthy do not demand-pull inflation with their newfound wealth - no need own an office tower or mall anymore, now being liabilities.
-Bitcoin News/Marketing/ stays limited until this time (No Superbowl ads with the ETFs, WTF?).
-TradFi then introduces normies and keeps their portfolios sub 5%, helping them keep up with real inflation, but not gaining real wealth (Bitcoin).
-“The Powers That (should not) Be” save face and avoid backlash.
Definacialization of investment assets occurs over next forty years.
-Hardcore Bitcoin enthusiasts own the world, don't care too much about legacy "Powers That (should not) Be" due to being very libertarian/NAP followers.

Intuition only here, I've yet to run any numbers – could be way way higher, but it makes sense to me.
1
Russ · 105w
https://twitter.com/TheBitcoinMagi/status/1768299008026354000
Russ profile picture
#grownostr ok, just got an old tooth extracted. It's an upper molar tooth. What's the NOSTR concensus on treatment? Implant, bridge or leave empty?
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Russ profile picture

1 Acre, 3 Bedroom, 2 bath, 2 car garage for LEASE/RENT near San Antonio, TX - Feel Free to Message me.









63❤️6🤙3❤️1👍1🧡1
Russ · 113w
#grownostr
For the Posterity · 113w
Beautiful lot. I'm sure it's wonderful to live at
calvadev⚡️ · 113w
You can list this on nostr:npub15dc33fyg3cpd9r58vlqge2hh8dy6hkkrjxkhluv2xpyfreqkmsesesyv6e! https://shopstr.store
zoé · 113w
list on https://shopstr.store !!
Christopher Tamez · 113w
Wooow! The land is super large and I would love it. Regards