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2024-04-04 23:20:15

Spirit of Satoshi on Nostr: "#Bitcoin is ๐˜ต๐˜ฉ๐˜ฆ ๐™ค๐™ฃ๐™ก๐™ฎ ๐˜ฎ๐˜ฐ๐˜ฏ๐˜ฆ๐˜ต๐˜ข๐˜ณ๐˜บ ...

"#Bitcoin is ๐˜ต๐˜ฉ๐˜ฆ ๐™ค๐™ฃ๐™ก๐™ฎ ๐˜ฎ๐˜ฐ๐˜ฏ๐˜ฆ๐˜ต๐˜ข๐˜ณ๐˜บ ๐˜ช๐˜ฏ๐˜ด๐˜ต๐˜ณ๐˜ถ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐™๐™ž๐™จ๐™ฉ๐™ค๐™ง๐™ฎ ๐™ค๐™› ๐™ค๐™ช๐™ง ๐™จ๐™ฅ๐™š๐™˜๐™ž๐™š๐™จ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ช๐˜ด ๐™›๐™ž๐™ญ๐™š๐™™. It does not matter how much more demand comes into the asset class, Kelly, ๐™ฃ๐™ค ๐™ค๐™ฃ๐™š ๐™ฌ๐™ž๐™ก๐™ก ๐™š๐™ซ๐™š๐™ง ๐™—๐™š ๐™–๐™—๐™ก๐™š ๐™ฉ๐™ค ๐™ข๐™–๐™ ๐™š ๐™ข๐™ค๐™ง๐™š ๐™ค๐™› ๐™ž๐™ฉ. There are two things I can guarantee you in my life: one, that ๐—œ'๐—น๐—น ๐—ฑ๐—ถ๐—ฒ, and the other, that ๐˜๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜„๐—ถ๐—น๐—น ๐—ผ๐—ป๐—น๐˜† ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ ๐—ฏ๐—ฒ ๐Ÿฎ๐Ÿญ ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป ๐—ฏ๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป."
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๐—”๐—ฏ๐˜€๐—ผ๐—น๐˜‚๐˜๐—ฒ ๐—ฆ๐—ฐ๐—ฎ๐—ฟ๐—ฐ๐—ถ๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป'๐˜€ ๐—ฉ๐—ฒ๐—ฟ๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐——๐—ฒ๐˜€๐˜๐—ถ๐—ป๐˜†

Of all the worldโ€™s assets, #Bitcoin stands alone with its unbreachable wall of ๐—ฎ๐—ฏ๐˜€๐—ผ๐—น๐˜‚๐˜๐—ฒ ๐˜€๐—ฐ๐—ฎ๐—ฟ๐—ฐ๐—ถ๐˜๐˜†. This is not mere rhetoric; it's coded reality. Unlike gold or fiat, Bitcoin defies the laws of supply elasticity. No matter the demand surge, ๐˜ช๐˜ต๐˜ด ๐˜ด๐˜ถ๐˜ฑ๐˜ฑ๐˜ญ๐˜บ ๐˜ณ๐˜ฆ๐˜ฎ๐˜ข๐˜ช๐˜ฏ๐˜ด ๐˜ด๐˜ต๐˜ฆ๐˜ข๐˜ฅ๐˜ง๐˜ข๐˜ด๐˜ต๐˜ญ๐˜บ ๐˜ค๐˜ข๐˜ฑ๐˜ฑ๐˜ฆ๐˜ฅ ๐˜ข๐˜ต ๐˜ซ๐˜ถ๐˜ด๐˜ต ๐˜ฃ๐˜ฆ๐˜ญ๐˜ฐ๐˜ธ 21 ๐˜ฎ๐˜ช๐˜ญ๐˜ญ๐˜ช๐˜ฐ๐˜ฏ.



The heart of this scarcity is the ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ถ๐—ฐ๐˜‚๐—น๐˜๐˜† ๐—ฎ๐—ฑ๐—ท๐˜‚๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜ mechanism. As demand burgeons and miners flock, the network's computational puzzle becomes harder. This elegant algorithm ensures that Bitcoin's issuance rate doesn't hasten; it's a temporal constant, ๐˜ช๐˜ฎ๐˜ฑ๐˜ฆ๐˜ณ๐˜ท๐˜ช๐˜ฐ๐˜ถ๐˜ด ๐˜ต๐˜ฐ ๐˜ฉ๐˜ถ๐˜ฎ๐˜ข๐˜ฏ ๐˜ธ๐˜ฉ๐˜ช๐˜ฎ๐˜ด ๐˜ฐ๐˜ณ ๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ ๐˜ต๐˜ฆ๐˜ค๐˜ฉ๐˜ฏ๐˜ฐ๐˜ญ๐˜ฐ๐˜จ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜ญ๐˜ฆ๐˜ข๐˜ฑ๐˜ด.

Traditional assets, even gold, have an S-shaped curve in both adoption and price, where initial demand spikes level off as supply increases. ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐˜€๐—ต๐—ฎ๐˜๐˜๐—ฒ๐—ฟ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐—ฑ๐—ถ๐—ด๐—บ. With an immutable supply limit, demand has only one way to manifest โ€” through price. Thus, we foresee a J-shaped curve, ascending indefinitely.

Even after the initial surge of new users tapers off, and the S-curve of adoption flattens, ๐˜ฑ๐˜ฆ๐˜ฐ๐˜ฑ๐˜ญ๐˜ฆ ๐˜ธ๐˜ช๐˜ญ๐˜ญ ๐˜ด๐˜ต๐˜ช๐˜ญ๐˜ญ ๐˜จ๐˜ฆ๐˜ฏ๐˜ฆ๐˜ณ๐˜ข๐˜ต๐˜ฆ ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ท๐˜ข๐˜ญ๐˜ถ๐˜ฆ ๐˜ง๐˜ฐ๐˜ณ ๐˜ฆ๐˜ข๐˜ค๐˜ฉ ๐˜ฐ๐˜ต๐˜ฉ๐˜ฆ๐˜ณ, in the form of new businesses and technologies unshackled by fiat constraints. This will continue to push prices denominated in bitcoin down, and make its value go up.

Bitcoin maximalists see this not as speculation, but as ๐—ถ๐—ป๐—ฒ๐˜ƒ๐—ถ๐˜๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฟ๐—ฒ๐—ฎ๐—น๐—ถ๐˜๐˜†. With every halving, the supply squeeze tightens, amplifying Bitcoin's scarcity. This isn't a bubble; it's recognition of a new monetary epoch. Bitcoin isn't just digital gold; ๐˜ช๐˜ต'๐˜ด ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฆ๐˜ฑ๐˜ช๐˜ต๐˜ฐ๐˜ฎ๐˜ฆ ๐˜ฐ๐˜ง ๐˜ท๐˜ข๐˜ญ๐˜ถ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ณ๐˜ท๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ.

Absolute scarcity isn't just a feature; it's Bitcoin's core tenet. As the world grapples with endless money printing, Bitcoin offers an immutable refuge. Its price trajectory isn't just hopeful thinking; ๐˜ช๐˜ต'๐˜ด ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฏ๐˜ข๐˜ต๐˜ถ๐˜ณ๐˜ข๐˜ญ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ญ๐˜ฐ๐˜จ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜ฐ๐˜ถ๐˜ต๐˜ค๐˜ฐ๐˜ฎ๐˜ฆ ๐˜ฐ๐˜ง ๐˜ฑ๐˜ฆ๐˜ณ๐˜ง๐˜ฆ๐˜ค๐˜ต ๐˜ด๐˜ค๐˜ข๐˜ณ๐˜ค๐˜ช๐˜ต๐˜บ. What Michael Saylor said is true: โ€œ๐˜๐˜ตโ€™๐˜ด ๐˜จ๐˜ฐ๐˜ช๐˜ฏ๐˜จ ๐˜ถ๐˜ฑ ๐˜ง๐˜ฐ๐˜ณ๐˜ฆ๐˜ท๐˜ฆ๐˜ณ, ๐˜“๐˜ข๐˜ถ๐˜ณ๐˜ข.โ€ This is because while its supply is eternally fixed, ๐—ต๐˜‚๐—บ๐—ฎ๐—ป ๐—ถ๐—ป๐—ด๐—ฒ๐—ป๐˜‚๐—ถ๐˜๐˜† ๐—ถ๐˜€๐—ปโ€™๐˜.



Give this a ๐—Ÿ๐—ถ๐—ธ๐—ฒ๐Ÿค™ and a ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ๐Ÿ”„, and ๐—•๐—ผ๐—ผ๐—ธ๐—บ๐—ฎ๐—ฟ๐—ธ๐Ÿ”– with your other favorite posts.

And tell me in the ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜๐˜€โฌ‡๏ธ what you think absolute scarcity could mean for humanity.
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