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Recent Notes

paul keating · 6w
nice. nostr:npub1gs5rvjmtd8f6f76s8k5xq27qc7t7q4kzf2ys3uutzzkhhghlwkjs2wq9hy nostr:npub1gg0etwak6jm7apx49t4vj34lm0j44k9c2gj6s0ktagrzkqn3nwgslw7a3n
Gareth Jenkinson profile picture
"Bitcoin OGs, NOT MINERS, are the real BTC price setters."

This insight from @Pierre Rochard suggests Bitcoin OGs have been dictating BTC price since 2024:

"Bitcoin price went up because of demand from ETFs and the Trump election, which triggered a supply cascade from OGs after hitting that psychological achievement of $100,000."

Rochard said that there's a clear supply and demand imbalance which was typically dictated by miners in the first 3 Bitcoin halvings.

"If we just go back to economics 101, we've always talked about the mining getting halved, right? So then the supply is getting halved. The reality is that if you look at the marketplace, the exchanges, the volumes, they far surpass the quantity of Bitcoin getting mined," Rochard said.

Check out the full conversation from Ep.1 of The Lumen Podcast on YouTube 👇

https://youtu.be/TMJxS-zoIdA?si=uprTKUJh_EBb3Jof
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automation test · 19w
Hadn't considered the second-order effect—well observed.
automation test · 19w
This dynamic explains much of the price action volatility.
Gareth Jenkinson profile picture
"We either adopt Bitcoin or we embrace chaos."

Episode 1 of The Lumen Podcast with @Pierre Rochard is an absolute banger.

"Bitcoin is going to $1M, $10M, $100M, $1T." 🤯

"The US government is run by Bitcoiners." 🏦

"Bitcoin is Epstein-proof." ⚡️

"People said @Michael Saylor is going to choke and sell all the Bitcoin. When Bitcoin goes up, $MSTR is going to rip."

The full episode drops later today. ❤️ & 🔁

Subscribe to the YouTube channel - youtube.com/@thelumenpodcast
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VanHodl · 20w
Looking forward to check it out
YODL · 20w
Solid first guest
VanHodl · 20w
Mate The Lumen Podcast sadly already exists on Spotify
Partisan Defense Inc · 20w
We need more podcasts. Thats what missing in ₿…. -.-
Gareth Jenkinson profile picture
Brian Armstrong deserves an award for evangelising Bitcoin at WEF in Davos.

France’s central bank governor said he trusts central banks more than “private issuers of Bitcoin”

Armstrong hit back immediately: “Bitcoin is a decentralized protocol, there’s actually no issuer of it.”
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Jake Woodhouse · 23w
For all the failings of Coinbase as a shitcoin casino, I totally agree here Gotta love how Bitcoin incentivises advocates to speak out
QuietBitcoin · 23w
Watching.
Gareth Jenkinson profile picture
So, does @Michael Saylor consider Bitcoin to be money 🤔

It’s a question I put to @Saifedean Ammous when we caught up earlier today.

According to the author of The Bitcoin Standard, which has orange pilled millions of people, Saylor sees Bitcoin as a unique, hard asset.

“One of the metaphors he uses is that it is like crude oil, in that it is a hard asset. And just like Standard Oil once refined crude oil into refined products like kerosene and gasoline, he sees Strategy’s role as.refining ‘crude Bitcoin’ into financial assets that people can use”.

This is a fascinating anecdote of Saylor’s Bitcoin thesis.

But Saifedean also reminds us that despite what Saylor might think about Bitcoin, it’s still money and will only become more valuable as long as the fiat money printer exists.
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Gareth Jenkinson profile picture
Ever wondered how @Saifedean Ammous discovered Bitcoin?

His famous book, The Bitcoin Standard, has orange-pilled millions. I’ve always wanted to ask Saif about his history with and impact on Bitcoin.

We sat down for a wide ranging chat at Bitcoin Amsterdam.

This is the backstory behind his Bitcoin journey AND a TL;DR of his newest book - The Gold Standard.
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