Jay

@BritishHodl Seems like you just described how Bitcoin will de-monetize other assets. Curious what other definition you're working with

I don't believe #Bitcoin will "de-monetise" Gold, Real Estate or Stocks. A lot of people believe that #Bitcoin will mean that Gold's market cap will go from $13 Trillion to $500 Billion. That won't happen. Gold's market cap will continue to grow. So will Real Estate, so will Stocks. Because we live in an Inflationary - or Debasement driven - system. The difference is, as #Bitcoin becomes more prominent - a higher and higher % of new money that will be created will find it's way into #Bitcoin. So - what does this mean? It means that while all these other asset classes will be inflated - like usual. Their % increase may decline. Let's say $10 Trillion is printed over the next 2 decades (I believe it will be more as we enter the J curve). Right now, maybe 0.02% goes into #Bitcoin. In the future, up to 5% may find it's way into #Bitcoin. This means, the others will still rise, but #Bitcoin will rise faster due to it's finality of supply and as a percentage of this new found capital goes into Bitcoin. This does not include new capital from those Sold assets also sending a % into #Bitcoin. This means, lets say new capital and it's effects on Real Estate - while currently say estimated to grow at 10% a year, may dip to 9.5% a year over the next decade. Sounds small, but... That 10% is currently $33 Trillion a year for Real Estate. 0.5% of $33 Trillion is $165 Billion per year. If BofA's multiple is right as #Bitcoin's supply continues to constrain, just this one shift alone could mean adding $19.4 Trillion of Market Cap EVERY YEAR onto #Bitcoin. That's like currently adding $923,000 of price to #Bitcoin every single year JUST from Real Estate shifting. That doesn't include new capital directly finding it's way into #Bitcoin. Finality of supply is truly magical and never been seen before. Not much capital has to move at all. Are you ready?

@cjwingyorks @BitcoinMagazine twitter.com/lopp/status/88… July 12, 2017

@BitcoinMagazine Over what time period is it now 1079% up?

Since Bitcoin Sign Guy photobombed Janet Yellen, #Bitcoin has risen 1,079%.

The #ForwardParty is about solutions, positivity and UBI. I will give $1,000 to someone via CashApp/Venmo/PayPal who retweets this post and follows @Fwd_Party. Will pick someone on Tuesday. Let’s bring change and optimism! 👍🇺🇸

Successfully wrote my shortest piece ever, a sub-5 minute read, hopefully packing a serious punch. #Bitcoin is the War on War breedlove22.substack.com/p/bitcoin-is-t…

All scientific articles should be free and accessible to everyone.

Bitcoin's Proof of Work is about physics, not code. Bitcoin is a super commodity, minted from energy, the fundamental commodity of the universe. Read more here👇

@AlexSaundersAU @nic_carter Vocally advocating and debating are not the same as enforcing. Let me know a maxi puts a dissident in jail or uses violence. Then we can pick up this tyrant talk.

@nic_carter That's the issue. Majority high profile bitcoiners used to be libertarians who believed in freedom & open markets. Now the majority are maxis who've become tyrants, rejecting anyone whose views do not align with theirs. Opposing USD decree while they enforce only BTC. Hypocrites.

obvious but I'll say it again: no bitcoiner is morally accountable for the behavior of any other bitcoin user, be they a dictator or a nun. bitcoin is an amoral network, the entire point is that transactional validity is independent of one's political status (unlike the USD)

1. White Oppressing Non-White. 2. Men Exploiting Women. 3. Natives Oppressing Immigrants. 4. Older Generations Exploiting Young. 5. Straight oppression of LGBTQ. ——— You hear about all but one of the above. Listen for the silence. The rest is a haystack hiding the needle.

@aidancwest @sfchronicle My money is on both rather than either/or

Californians are on a gun-buying spree. In 2020, 1.26 million guns were purchased in the state, a 56% increase from the previous year, and the most since at least 2000. trib.al/QKQLMnK

Bitcoin is the decoupling of money and state. Crypto is the decoupling of money and banks. DeFi is the decoupling of finance and Wall Street. NFTs are the decoupling of art and the establishment.

The entire financial/news community will watch Chair Powell today openly talk about manipulating markets - with most completely oblivious that almost every negative externality - from climate change, to polarization of society is caused by that manipulation. #Bitcoin

@investanswers @RaoulGMI What a fraud

Interesting to see 96.3 % of @RaoulGMI Crypto holdings are the same as mine except my %'s are different. #DeFi #Crypto #CryptoPortfolio

The passion for #Bitcoin is sometimes misunderstood because it's viewed as some strange new asset. To me it represents the opportunity of my lifetime, to fix what is broken. @saifedean summarizes it beautifully in this passage of The Bitcoin Standard 📖:

“Money is the base layer and it imprints its character on everything that is built on top of it. If we have corruption in the base layer, then cheat is everywhere in the system.” @Breedlove22 @JeffBooth

Why isn’t the SEC going after naked shorts? ⬇️

Unless you’re speculating, rising home values are terrible and you just end up paying more property taxes. Just another way inflation robs you.

The people that teared up during @JackMallers talk are my brothers and sisters ✊

.@JackMallers is the man! Full announcement of El Salvador making Bitcoin Legal Tender here. youtu.be/_59hrgTiRJU

#Bitcoin has a market cap of $680 billion dollars. If 1% of it is invested in El Salvador, that would increase our GDP by 25%. On the other side, #Bitcoin will have 10 million potential new users and the fastest growing way to transfer 6 billion dollars a year in remittances.