Damus
_Checkɱate 🔑⚡🌋☢️🛢️ profile picture
_Checkɱate 🔑⚡🌋☢️🛢️
@_Checkmatey_

Helping navigate #Bitcoin's volatility
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Relays (6)
  • wss://relay.primal.net – read & write
  • wss://relay.nostr.band – read & write
  • wss://relay.rkus.se/ – read & write
  • wss://relay.minds.com/nostr/v1 – read & write
  • wss://nos.lol/%20wss://nostr.land/%20%20avatar%20wss://nostr.wine/%20%20avatar%20wss://purplerelay.com/%20wss://relay.damus.io/%20wss://relay.snort.social/ – read & write
  • wss://relay.vanderwarker.family – read & write

Recent Notes

_Checkmatey_ profile picture
You're going to lose people with that approach. By saying the money people literally use day to day isn't, but your internet funny money is, you've lost the audience.

This is why Austrian economics never takes off. People who pitch it ALWAYS lose the audience in the conversation.

I understand you, most people won't hear it.

_Checkmatey_ profile picture
You're separating MoE and SoV/UoA in this distinction. Which is by the way what id happening, the savings asset function of bonds (dollars with yeild) is being replaced by gold and Bitcoin.

Currencies are gov issuee monies which have shit SoV properties. Money is still the parent umbrella.

_Checkmatey_ profile picture
The dollar is money, and it's just intellectually dishonest to say otherwise.

I don't think I've ever said Bitcoin is just an investment to make dollars with, what I would have said is 'the vast majority of people do in fact believe that'. As evidenced by their behaviours, of selling in bull markets.

Your mistake is actually thinking I am expressing my ideological view, but instead I am simply pointing out the objective facts about how the market operates.

You will find that people like you and I, that see bitcoin as money and fiat as trash, are the smallest minority of people. Most people have no fucking clue, and are indeed fiat maximisers.

Not the world we want, hut the world we live in.

_Checkmatey_ profile picture
Only if you explain why you're being so difficult? You were pestering Anja with these silly questions about me 'being short' too, and I want to understand what your problem is?

_Checkmatey_ profile picture
It totally disappeared.

If you buy a stock at $100 and the next day it opens at $10, you've destroyed 90% of your value

The guy who sold you the expensive stock was eitheran insider getting paid, or an original owner of whatever the business model was before bitcoiners took over management