
A Penny for your Sats
3K posts

A Penny for your Sats
@btcFUD
Long Cybercash 💸, In pursuit of Unicornia Succinctly Nuanced™, LGBFJB+ Whippersnapper, Guided by the light of my privilege







If #BIP110 somehow fails, #history will show they were right. This is a certainty. You can run from truth, but you cannot escape it. #Bitcoin


JUST IN: Anthropic CEO says AI companies need hundreds of billions in revenue, or they'll go bankrupt.





I am still looking for the best words for @arcasafes. “Geo-distributed digital safe” is close. “Self-syncing secret vault” is close. Neither feels perfect yet. arca is hard to explain because it is not exactly a password manager, not exactly cloud backup, not exactly a hardware wallet, and not exactly a safe. It stores: - seed words - recovery codes - passwords - important encrypted files - emergency instructions - business keys - inheritance notes - access paths your family or team may need later






I continue to watch Bitcoin here following its mild winter from $126k to $60k. Its momentum and Sharpe Ratio continues to improve vs gold and other asset classes (including commodities). There has been a clear rotation away from gold ETPs back into Bitcoin ETPs. While Bitcoin’s true believers say that you should never sell, for me Bitcoin is one of many assets to choose from on the 60/20/20 menu, and there are levels at which Bitcoin makes sense and at which it doesn’t. Per the chart below, which shows the detrended gold/Bitcoin ratio in blue and the spread between Bitcoin and its power law in pink, at the recent low we got a double-accumulation signal. If the bear flag in the earlier chart gets rejected by new highs, the next bull may be underway.








