FiatHawk
@FiatHawk
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From the peak of Mount Bitcoin, I watch the fiat circus below. Stacking sats for serenity, because #Bitcoin isn't just hope; it's the future.
Mount Bitcoin
Joined January 2024
Buckle up. Things are about to get wild. One thing I rarely see discussed about the game theory of #Bitcoin is that the incentives are aligned in such a way that the game speeds up over time. During the initial phases of the game, #Bitcoin was a strange foreign idea in cyberspace. It was risky, it was uncertain, it was hard to buy, and hard to store. Only the outcasts, the explorers, and the free thinkers joined during the early wave, and they were handsomely rewarded for doing so. Now, the talk I frequently hear is that the best gains are behind us. What's the point? I missed Bitcoin. I should have bought it when it was cheap. Etc... While it is true that the biggest percentage gains are behind us, the biggest and fastest adoption is just around the corner. Also, even if you have dismissed #Bitcoin, the cost of ignoring it will soon become unbearable. The game theory will soon switch from greed to fear, and for the first time ever, fear will drive #Bitcoin higher and higher instead of lower and lower. Why is that? The bitcoin network grows stronger and becomes more valuable with every person that joins. At the same time, the fiat monetary system becomes weaker with every person that leaves. While adoption was still tiny, the cost of ignoring Bitcoin was negligible. You missed out on the gains, but otherwise, it was not important. Soon, however, that will no longer be the case. Everyone knows that fiat money is being debased at an accelerating pace. With every person that exits into Bitcoin, it means that those left with fiat will now have to carry the burden of those that have left. In other words, the cost of staying with fiat will exponentially increase over time. Think about it. Does the national debt decrease if people leave the US? No. The same is true with monetary networks. Unfortunately for those holding fiat, it is a debt-based system, and the people opting out with #Bitcoin no longer have to care or worry about that debt. This is why the best money always wins, and why there can only be one winner. I also believe that's why the fastest growth in Bitcoin adoption is just ahead of us. It will go from a trickle, to a rush, and end in a stampede. At some point, you won't be able to exchange fiat for #Bitcoin at any price, and all of your models will be destroyed.
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@NavalismHQ @naval That is why as long as you stay in fiat money your reputation keeps falling. Fiat is morally wrong. Bitcoin is morally right.
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@BTCsessions Nailed it! Crazy that something so obvious is still being ignored and dismissed by 99% of the people.
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@CarlBMenger Current market cap: $318 Billion (with a b) Actual worth: < $10 billion (being very generous here) Conclusion: Shorts know what they are doing!
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@BrianRoemmele This is the revolution I’ve been waiting for. Free speech and sound money, free from debasement, will dismantle the corrupt system. Bitcoin is the tool, and freedom is the outcome. The old world won’t know what hit it.
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@BrianRoemmele The corruption is heartbreaking. The corruption is endless. We have not even scratched the surface of it yet. The best way to rage against the machine is to take your money and save it in Bitcoin where the corrupt elite and governments can't fuck with your money.
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@profstonge People prefer honesty over corruption even if it means temporary pain. Call me shocked.
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Volatility tends to fade as adoption grows but we’re still in the early innings here. Less than one percent of global wealth sits in Bitcoin and yet it’s already the most reliable way to move value across space and time. The world hasn’t fully woken up to what this means yet but when it does the shift will be irreversible.
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The deeper we dig into this corruption the clearer it becomes that the system is built on lies and theft. People are waking up to the fact that they’ve been robbed for too long and they’re tired of it. At the root of it all sits the fiat money printer stealing value from everyone who holds dollars euros or pounds. If you really want to stop the greatest heist in history opt out of the scam altogether. Stop trusting their paper and start saving in Bitcoin. The choice is simple: Continue getting robbed or take back control of your wealth.
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@BitcoinNewsCom Gotta be really fast to buy the dip these days! Almost the complete opposite of memecoins, which just keep dipping after their initial run.
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Is Gold about to break free from the paper chains of the LBMA and COMEX as central banks scramble to hoard physical bullion while traders exploit arbitrage opportunities between East and West? The cracks in the system are widening premiums are soaring and backwardation signals that trust in paper gold is eroding. Time to wake up! The era of pretending gold can be conjured out of thin air might be ending.
Boom! New FREE 20 page report out on the huge stresses in the London gold markets. The Bank of England is facing months of delays in delivering physical bullion. Who has the gold, Lebowski?
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