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Agree with this sentiment, completely different buyer and dynamic. From a risk perspective can be hard to justify going heavy alts, especially the absolute dog sht when you know major funds are building out a percentage allocation to btc. Of course could be completely wrong but certainly worth...

Would not even consider this until you are well into seven figures or 35x+ your annual living expenses if you are young.

I agree with you, it is still very early in forms of adoption and what form/role it will play in society. The exponential returns will become more muted BUT it will be a place the average person can just save money and not try to play professional investor. Monetary policy has forced the average...

A ton of unknowns and corporate and govt fomo going to make things interesting. Countries are already building their own mining operations and do not think those are going to be available to the blackrocks and fidelities since they will want it for themselves. We are all really just making our...

Agree, besides people I am close with and here, I really do not discuss much publicly unless approached . First couple years it was all I could talk about. lol Also, have some pretty good protocols for security and access too. Going to be a lot of desperate people out there.

Agree, because retail and the general public had such a head start, I think we are way past the tipping point of being able to take the power and influence away from current long term holders. Personally, it is a hill I am willing to die on, I think it is that important not just for myself but...

My own interpretation is I don't think that was the intent of the phrasing but more to give them optionality in the future if there is another fork war or for some reason the main chain needs to be abandoned. Really just to keep options open and not box themselves in, lawyer speak. Personal...

Right, it is a relatively small group that continues to grow over time with education, exposure and out of necessity. There is a reason that most alts have a relatively short life span that does not have a growing base of long term addresses in self custody while hitting new fiat highs each...

90% is a guess with nothing actually backing that assumption. I am not going to pretend to know the answer either but personally think that percentage it is much much lower. Also, there are many people/corps/govts also vying for that same bitcoin, not sure why people think they would go away and...

You don't need to make it simple for me, you obviously do not understand how the network works. Owning a lot of bitcoin does not allow them to control of censor the network. Mining and node distribution makes that impossible. It has zero effect on how the decentralized properties are applied on...

Blockfi and Celsius basically operated as a psuedo hedge fund and ponzi scheme, completely unsustainable and depended on marketing funds to pay interest, constant new deposits and doing incredibly risky and inappropriate moves like trying to play the gbtc premium. Just a complete shtshow of...

Well written post. I think the disconnect is when someone has not done the work to really understand what Bitcoin is outside of the price action, which initially draws us all in. For many, it is not just a trade but an exit from the system, a protest against corrupt politicans/central banks...

My friend, majority of the network is not for sale. 76%, i believe higher now, is in the hands of long term holders. Only around ten percent is even available on exchanges. The more ETFs and the blackrocks of the world buy, the higher the wealth and influence of long term holders are. You are...

Blackrock will never hold 98% of the supply, they are late to the game. Plenty of wealthy people and groups will never have to sell. I shouldn't have to explain that to you

Strongly disagree. Just because ETF's or funds hold BTC it does not change the decentralized properties of the network or the capabilities on an individual level. The nature of a decentralized network is that anyone can participate wether you like them or not. If you had control of that, the...

Got a surge https://finance.yahoo.com/news/nvidia-results-forecast-beat-estimates-across-the-board-as-china-sales-slow-significantly-212639200.html

Just the amount of new capital able to access now through the ETF changes a lot of dynamics, read somewhere blackrock alone is buying around 10x the daily new supply. Those new participants going to make things interesting for sure, can only imagine if BTC becomes a standard percentage...

Can confirm, 2018/19 was one of the more challenging periods in my life, made the couple years that followed that much sweeter. Considering all the catastrophic events that happened last cycle it really showed just how resilient and battle tested the network is. I am a super long term bull but...

I have not been looking much at the new trends lately but I need too so I can place a few bets. A substack I have followed for years and is usually pretty spot on mentioned Bitcoin and ETH Layer two's/defi should catch a hype wave. This one specifically, B2 Buzz , and below is a copy/paste of...

Yep, this one lol https://www.sosuave.net/forum/threads/where-are-the-bitcoin-lovers-now.254673/