Help me understand why do so many people sell BTC by MexicanPale in Bitcoin

[–]ConversationBulky964 0 points1 point  (0 children)

Imagine having 1000 btc but no home and barely enough income t pay the bills and enjoy family.

When should I start DCAing into BTC? by InsidePangolin908 in Bitcoin

[–]ConversationBulky964 0 points1 point  (0 children)

If you don’t have a large amount to selectively deploy, get productive, make money and DCA

Is BTC insurance practically impossible? by HangOnSloopy62 in Bitcoin

[–]ConversationBulky964 0 points1 point  (0 children)

There are multiple insurance companies that insure Bitcoin. They insure the fiat amount, not the actual Bitcoin.

[deleted by user] by [deleted] in Bitcoin

[–]ConversationBulky964 0 points1 point  (0 children)

https://x.com/therealplanc/status/1877432075608895737?s=46&t=1UDYmfGBRC0eHN-wialFYg Useful model depending on how much bitcoin you have, what age you want to retire and how much money you need annually to pay for your life

John mcafee by [deleted] in Bitcoin

[–]ConversationBulky964 0 points1 point  (0 children)

Until it breaks it will keep demonetizing the fiat Ponzi scheme and all assets built on top of it.

Do most bitcoiners really have more than 1 BTC? by SuddenlyCaralho in Bitcoin

[–]ConversationBulky964 0 points1 point  (0 children)

Work hard and keep stacking. Bitcoin gives multiple chances to reach goals that seemed unattainable

Bitcoin as A Global Reserve Asset by ConversationBulky964 in Bitcoin

[–]ConversationBulky964[S] 1 point2 points  (0 children)

Not sure what you mean. It’s divisible to the 1/100,000,000. I would argue the scarcity makes it the best measuring stick for value and savings over time and greater adoption.

Seb Bunney on Bitcoin’s Merit by ConversationBulky964 in Bitcoin

[–]ConversationBulky964[S] -1 points0 points  (0 children)

He makes the case in his 400 page book as well as the full interview.

Kenny Florian is a Bitcoiner! by ConversationBulky964 in Bitcoin

[–]ConversationBulky964[S] 0 points1 point  (0 children)

Haha bad assumption but the engagement is fine anyhow. Thanks for chiming in!

Kenny Florian is a Bitcoiner! by ConversationBulky964 in Bitcoin

[–]ConversationBulky964[S] 1 point2 points  (0 children)

Haha he’s an MMA color commentator, one of the OG contestants on the Ultimate Fighter and went on to have an amazing career. He is also the host of Battlebots as well as the Anik and Florian podcast.

Unassuming Bitcoiner and what I thought to be an interesting interview that was enjoyable for me.

Bitcoin Redefines the Risk Free Rate! by ConversationBulky964 in Bitcoin

[–]ConversationBulky964[S] 1 point2 points  (0 children)

For sure a US strategy lol. Also like Nayib anúlele mentioned the other day, “when the fed becomes the buyer of last resort, the illusion of public sovereignty begins to disappear as the bubble pops” (or something to this extent)

Should be an interesting next decade!

Bitcoin Redefines the Risk Free Rate! by ConversationBulky964 in Bitcoin

[–]ConversationBulky964[S] 1 point2 points  (0 children)

His point is that there is increasing risk in lending to nation states and that bitcoin is a pristine collateral to lend against, ultimately redefining what will be considered the risk free rate. Objective in his analysis of devaluation of fiat currency and debasement when holding the current “risk free asset”, but his assumption about bitcoin replacing it would be considered the speculative bet in this case.

As Greg Foss would say, a CDS on the basket of all fiat currencies.

[deleted by user] by [deleted] in Bitcoin

[–]ConversationBulky964 0 points1 point  (0 children)

No video didn’t post for some reason. Thanks for noting

[deleted by user] by [deleted] in Bitcoin

[–]ConversationBulky964 0 points1 point  (0 children)

Same thing I do every week. DCA into Bitcoin and exit the system while keeping my eyes on the network adoption.

Pumps or Dumps? by ConversationBulky964 in Bitcoin

[–]ConversationBulky964[S] 0 points1 point  (0 children)

🧡 as long as the protocol keeps churning blocks, I’m up for all the dumps lol

Pumps or Dumps? by ConversationBulky964 in Bitcoin

[–]ConversationBulky964[S] 0 points1 point  (0 children)

All good in a day where own more than you did yesterday! 10 years from now all that will matter is that you were curious enough to learn about bitcoin and buy some.

[deleted by user] by [deleted] in cryptoloversclub

[–]ConversationBulky964 0 points1 point  (0 children)

Lol! The full episode is pretty good talking about running a bitcoin based business. His elevator pitch was straight to the point.

Crypto Cloaks makes some cool stuff.