Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
Friendly reminder that stocks HAVE NOT hit an all-time high...they've been in a perpetual bear market PRICED IN BITCOIN.
S&P 500 (priced in ₿):
• 1 Year: –35.81%
• 5 Year: –84.64%
• 10 Year: –99.31%
Nasdaq 100 (priced in ₿):
• 1 Year: –34.08%
• 5 Year: –83.08%
• 10 Year: –98.84%
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
It's kind of sad seeing so many Bitcoiners commenting their favourite Treasury Company Ticker (which is probably down 50%+ from the highs at this stage), hoping someone will tell them has hit escape velocity.
It hasn't, and we've seen this behaviour before...in shitcoins.
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
Gunna be fun when all the bitcoin treasury companies collectively own more than 21 million bitcoins
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
Three recent "we are still early" moments:
1⃣ Scott Galloway @profgalloway does a Ted Talk and says a “great inter-generational theft took place under the auspices of a virus”... yet he does not see the significance or value of Bitcoin.
2⃣ Ohio State college grads are faced with a perpetually increasing cost of living which puts home-ownership and retirement far out of reach... yet they do not see the significance or value of Bitcoin.
3⃣ @Noahpinion calls MMT "desperate bullshit" and "absolute cancer"... yet he does not see the significance or value of Bitcoin.
They're on the way, but not quite there yet.
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
I’m happy to let “store of value” phase play out for a while. Then we can move to the next phase.
#Bitcoin
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
54% of people said @MicroStrategy’s market value will go up as a result of $MSTR issuing more shares to buy #bitcoin.
I believe this is wrong.
They are SELLING shares which pushes market price down.
NAV goes up, but mechanically price goes down from MSTR marginally selling.
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
@Vanguard_Group I’m unable to purchase any of the Bitcoin ETFs. Is this going to be Vanguard’s policy to not allow it, and if we’re interested in purchasing we should go elsewhere? Or is there a date when it will be allowed?
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
#Bitcoin is the only thing not losing value
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
You want to know why we Bitcoin? Here is my summary of literature and what each will provide:
Bitcoin standard = history of money
Fiat standard = how we got here due to limitations of money
Price of tomorrow = what a world looks like when money doesn't inflate - lots of connections made
Layered money = the history and birth of financial markets and trade across distance etc.
Softwar = Bitcoin is so much more than money - it's bad
Broken Money = This is more intense than Bitcoin Standard. Lots of macro and explanation of money in general. Audio book this november
The sovereign individual = a focus on the social side of society based on the need of different types of protection and the outcomes based on how society innovates and changes (ie. hunter gatherer vs farming etc.) and into the future of the digital age
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
Exactly! 100 #BTC fam
Unpopular opinion:
You don’t need to be creating a circular economy or using #BTC as a MoE. Using it as a SoV and converting to and from your local currency (assuming fees are low enough) is good enough.
We don’t need to force MoE. It will happen naturally after SOV adoption.
Beau Breedlove 🟢 🟢 🟢 🟢 retweeted
THE RACE TO AVOID THE WAR
We Bitcoiners are in a race. Perhaps the most important race we will ever run. We are racing against time to drive the adoption of Bitcoin as fast as we can…
Here’s the full text, now in video form:
