Bitcoin Optimist

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Bitcoin Optimist

Bitcoin Optimist

@btcoptimist

#Bitcoin powered early retiree. I like tulips.

Citadel Katılım Mayıs 2024
98 Takip Edilen69 Takipçiler
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
Today I quit my corporate job after nearly a decade of slow but steady Bitcoin accumulation. Bitcoin is many things to different people, but to me, it’s always been the promise of owning the one thing more precious than Sats themselves: my time on this planet. And after 8 years of grinding in corporate America, stacking and hodling as hard as I could stomach, I’m finally there. Breaking free and going my way, no longer selling my heartbeats for dwindling dollars, and if it all goes well leaving wealth behind for the kids as well. I feel thankful for all the Bitcoiners who have made my journey possible. First, to Satoshi Nakamoto and all the shadowy super coders that followed. Thanks for creating the soundest money on earth, the arch to weather the relentless assault of money printing and fiat debasement. Then, to the supporters of Bitcoin of all kinds - thanks for the orange pilling, the education, the hopium and commiseration, the memes, and most of all the defense of the network and defense of our freedoms. Your tweets, podcasts, books, memes and activism are the reason I embarked in this journey and why I never jumped ship. Though I haven’t been active on BTC Twitter until today, I’ve been the pleb that followed you and this place has been a beacon through the good and the hard times. I’m starting this account to share my experience and tribulations retiring early on (mostly) just BTC. Let’s be clear - I’m far from having things figured out. But hopefully I can spread some optimism and maybe inspire others to take the leap. I’d be proud to give back at least a little of all I’ve received.
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@TXMCtrades The bet is that inference cost goes down multiple orders of magnitude and that this is a market grab
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@apsk32 Btc is just going to stay stuck between 65 and 75 just to make everyone wrong
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@mattyglesias Smarter people are more likely to be part of the elite. People tend to vote like their social group. Elites lean left today for cultural reasons. This is yet another confusion betweey correlation and causation
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
Can’t wait to do it all over again tomorrow. See y’all at market opening 🫡
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@real_vijay @nic_carter This does feels like the main dynamic at play. Bitcoin fuds and manias cycles follow price action more than they drive them. They do reinforce existing trends, but they don’t create them.
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Vijay Boyapati
Vijay Boyapati@real_vijay·
While I agree QC is a legitimate concern, and I appreciate your work on this (and do not question your motives as others have done) I think the price stalling invites narratives to fill the explanatory void when, imo, the real explanation is really just the unlocking of an enormous supply once we hit a magic number for a lot of whales (100k). Prices increasing are like waves hitting a glacier - eventually a chunk of supply breaks off and crashes onto the order books. Given the path dependent nature and feedback loops involved in a bull run sustained on narratives (in the short term, but adoption in the long term), the price stalling then causes people to doubt that Bitcoin will continue to go up and this then results in more selling until you get an equilibrium of supply and demand at some lower price point. This is what happens during Bitcoin bear markets - and I think we're in one. Eventually when the price starts increasing again the bearish narratives fade away (even if they're legitimate). We do need to discuss and work on solutions to QC. On that I'm in complete agreement and have said so publicly (and independently from your own concerns) on several podcasts over the last year. But I'm highly skeptical the price action in BTC is explained by QC, notwithstanding there may be some investment notes that have picked up that narrative.
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𝐓𝐗𝐌𝐂
𝐓𝐗𝐌𝐂@TXMCtrades·
MSTR is buying forty trillion dollars worth of digitally enforced scarcity The Fed just announced literal actual not-joking QE Trump said we're getting 20% GDP AI is going to eliminate poverty and no one will have to work The govt will announce UBI and give us all $10K per month Gambling will be tax free We're building data centers in fucking OUTER SPACE Jerome Powell will be replaced with a guy who literally fellates the president Exchanges are running out of Bitcoin Price is being suppressed by OG whale sellers that have almost run out of Bitcoin themselves Blackrock is buying Vanguard is buying JP Morgan is buying Larry Fink himself is buying To own a single Bitcoin is literally identical to owning a hundred acres of Manhattan Island in 1870 There's five quintillion dollars of wealth around the world and only 21M coins what do you think happens when people decide not to hold worthless fiat anymore digital credit digital capital digital value digital happiness And you're not bullish right now? Bitcoin is going to $400K by New Years. Bookmark it.
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@LawrenceLepard I’ve have tried 5 days. 48 first hours are the most brutal. Once you’ve reached that cap, it’s worth pushing a little further imo. I believe fat loss also accelerates after 24 to 48h.
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Lawrence Lepard, "fix the money, fix the world"
Finishing a 48 hour fast this evening. Goal is fat loss. First in a long time. Anyone have comments on duration, frequency and results from these? Is 72 the magic number?
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
Dogmatic ideologues writing propaganda for clicks
David Sacks@DavidSacks

INSIDE NYT’S HOAX FACTORY Five months ago, five New York Times reporters were dispatched to create a story about my supposed conflicts of interest working as the White House AI & Crypto Czar. Through a series of “fact checks” they revealed their accusations, which we debunked in detail. (Not surprisingly the published article included only bits and pieces of our responses.) Their accusations ranged from a fabricated dinner with a leading tech CEO, to nonexistent promises of access to the President, to baseless claims of influencing defense contracts. Every time we would prove an accusation false, NYT pivoted to the next allegation. This is why the story has dragged on for five months. Today they evidently just threw up their hands and published this nothing burger. Anyone who reads the story carefully can see that they strung together a bunch of anecdotes that don’t support the headline. And of course, that was the whole point. At no point in their constant goalpost-shifting was NYT willing to update the premise of their story to accept that I have no conflicts of interest to uncover. As it became clear that NYT wasn’t interested in writing a fair story, I hired the law firm Clare Locke, which specializes in defamation law. I’m attaching Clare Locke’s letter to NYT so readers have full context on our interactions with NYT’s reporters over the past several months. Once you read the letter, it becomes very clear how NYT willfully mischaracterized or ignored the facts to support their bogus narrative.

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Claire Lehmann
Claire Lehmann@clairlemon·
People who don't think phones/social media are having a deleterious effect on developing brains -- what's the alternative explanation for this? Did every country put lead in the water at the same time?
Claire Lehmann tweet media
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@lindsaystamp3 Yes. I’ve been on the other side for a little over a year now, after over a decade of grinding and saving. Worth every effort, good luck!
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Lindsay
Lindsay@lindsaybitcoin·
If you do what you have to do long enough, eventually you’ll be able to do what you want to do.
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@mattyglesias This logic is flawed. What’s driving AI progress in the face of risk is the idea that if you don’t do it someone else will.
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@TXMCtrades Yes but was CZ actually guilty in the first place? Real question, I haven’t followed closely.
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𝐓𝐗𝐌𝐂
𝐓𝐗𝐌𝐂@TXMCtrades·
-CZ/Binance contacts reach out to Trump admin about bringing Binance back to US -Trump family reportedly engaged in talks to take stake in US arm of Binance -Trump firm World Liberty Financial launches USD1 stablecoin -Abu Dhabi firm invests $2Bn in Binance using USD1, earning millions for Trump family -Binance incentivizes USD1 uptake and trading on their platforms -US govt pardons CZ spearheaded by the same lawyers as World Liberty Financial -CZ announces donation of $1.8 billion to the Trump admin for "crypto adoption" Do you see what's happening here anon? Do you remember the same thing happening with Justin Sun? (next tweet) Pay for play is happening right in all of our fucking faces.
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@TedPillows Charts are meaningless. Bitcoin can go up or down from here. That’s all there is to it.
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Ted
Ted@TedPillows·
Can you provide strong evidence supporting the idea that the market might return to a bullish uptrend? From what I’m seeing, the outlook doesn’t look promising across several indicators, but I’d like to hear your perspective.
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Chuck Schumer
Chuck Schumer@SenSchumer·
Donald Trump is a vindictive and heartless man Never before in American history has a president cut off SNAP during a shutdown, including Trump in his first term. But now he is manufacturing a hunger crisis to bludgeon the American people so he doesn’t have to fix healthcare.
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@mikealfred I’m just going to tell you right now, I have no idea what’s going to happen.
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Mike Alfred
Mike Alfred@mikealfred·
I’m just going to tell you right now. Things are about to get pretty hilarious.
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Bitcoin Optimist
Bitcoin Optimist@btcoptimist·
@dotkrueger Lol, as a french person I can 100% guarantee you that France will be the very last on that bandwagon
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Fred Krueger
Fred Krueger@dotkrueger·
France considers bill to acquire 2% of Bitcoin’s total supply and create Strategic BTC Reserve. This is real.
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