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Satoshi

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Everything posted by Satoshi

  1. Satoshi
  2. Satoshi
    Been on any more good Klan fishing trips lately?
  3. Satoshi
    Been on any more good Klan fishing trips lately?
  4. Satoshi
    We’ve reached the end
  5. Satoshi
    I’m going to share a secret with you. I almost never share tweets from people I follow. Doxxing precautions and all.
  6. Satoshi
    Of course only some people use it. I’d say 46% of population having the wallets is a nationwide rollout though. https://www.forbes.com/sites/theapothecary/2021/10/07/in-el-salvador-more-people-have-bitcoin-wallets-than-traditional-bank-accounts/?sh=34f072520b57
  7. Satoshi
    This is an obvious insider hit piece on Kamala. So you have to ask why is CNN publishing it? Seems to me that it’s Biden friendly people throwing this story out there.
  8. Satoshi
  9. Satoshi
    Well a third world country managed to rollout a lightning network wallet and onboard their population so I think Miami can figure out how to make it and market it.
  10. Satoshi
    https://fortune.com/2021/10/08/bitcoin-not-gold-is-the-new-inflation-hedge-says-jp-morgan/amp/ https://www.bloomberg.com/news/articles/2021-11-11/need-an-inflation-hedge-bitcoin-has-delivered-99-996-deflation https://www.cnbc.com/amp/2021/10/20/paul-tudor-jones-says-crypto-is-his-preferred-inflation-hedge-over-gold-right-now.html Some graphs in there. Some just investor sentiment, but if you just look at inflation at 30 year highs, and gold down 2% ytd then it seems pretty clear that it is being supplanted to some extent as a hedge.
  11. Satoshi
    Ok for someone in your situation, it’s pretty simple. Bitcoin is an inflation hedge that is not correlated to the rest of your portfolio, whose performance makes your excellent returns of the last 2 years look pedestrian. Just about everyone with an investment portfolio should put 5% in bitcoin. If it 10x in the next 5-6 years then it’s half your portfolio. If it’s goes to zero then it’s a hit but not the end of the world. And the chances of it going 10x are wayyy better than the chances of it going to zero. Asymmetric bet.
  12. Satoshi
    OKcoin. It’s a little extra work to acquire it, but there’s some alpha in doing that before it makes it to Coinbase
  13. Satoshi
    I don’t know your age or situation. Do you have any assets? How are you protecting yourself against inflation?
  14. Satoshi
  15. Satoshi
    This is bait, but I’ll answer briefly and incompletely. Btc use cases saving as an inflation hedge censorship resistant money The Lightning network associated with bitcoin is used for international remittances with minimal fees and almost instant settlement. Use cases for other cryptos depend on what they’re trying to accomplish, but many are used in decentralized finance for borrowing/lending. Some are branching into gaming. There’s also a whole other genre called nfts that I’m not really that educated on.
  16. Satoshi
    Because it’s dangerous to democracy, evidently
  17. Satoshi
    You do realize that the U of A is citing today’s university environment as being unhealthy? Your experience from 40 years ago is irrelevant. They actually address how it used to be different.
  18. Satoshi
  19. Satoshi
    It doesn’t violate the scarcity of bitcoin. If you own stacks and lock them up to contribute the security of that network you get rewarded bitcoin. They use a different consensus mechanism that I’m not familiar with Proof of Transfer which involves bitcoin moving around. I own some stacks just based off a friend’s rec and the fact that it interacts with bitcoin. Have not yet started stacking. https://www.stacks.co/stacking I imagine it will involve some kind of simple wallet set up. Everyone has smart phones. I’m in the same boat, but a little older. Life comes at you fast.
  20. Satoshi
    Bumping here for Austin related news. Some of you might have heard that there’s a MiamiCoin and a NYCCoin. MiamiCoin has generated enough funds that they will be paying a bitcoin dividend to residents. well I haven’t seen any announcement but looks like an AustinCoin is coming soon. Maybe airdropped BTC for Austin residents to follow? https://www.citycoins.co/austincoin also since I haven’t been here in a while, here’s a link with articles about bitcoin for progressives
  21. Satoshi
    Actually glossed over the fact that AustinCoin is coming. https://www.citycoins.co/austincoin Powered by STX. Buy my bags.
  22. Satoshi
    I would buy something that has more development activity on it. I would prefer BTC. But Eth, sol, Avax are also choices where things are actually being built.
  23. Satoshi
    What have you bought so far?
  24. Satoshi
  25. Satoshi
    Gay white guys do not resonate well across all the demographics you need to turn out in the Democratic coalition.

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