That's not insight, that's called a tautology. A = A doesn't communicate any wisdom, just the illusory response of feeling right, which our monkey brains associate with wisdom.
Secretary Janet Yellen (npub1grk…elrn) That Saylor and Bukele lost is a realized fact of history. Both expected the price to go up because they thought a wise central planner (whose identity is hidden) could mathematically enforce deflationary effects, through centrally planning the rate of supply and deploying Keynesian tactics such as "the halving".
So you can skip pretending this is a case of a few people failing to "time the market". It's a case of a central plan shown to have no clothes when it meets the market.
"Nobody knows the exchange rate tomorrow, next month nor next year" is a sly change of tune for someone who tells the world Bitcoin is mathematically guaranteed to increase in relative value over time to other goods and services. Central planning fails. This central plan failed. Bitcoin has even managed to outpace the dollar's inflation.
Saylor is $1.3BN down and you're trying to imply he would have bought early anyway if he knew what the price would be today. Bukele down over 50% and you suggest the same? That's some serious cope, can I have a hit?
Lysander Spooner /
npub1av…qmfgw
2023-03-14 01:15:49
in reply to nevent1q…g3pp
Author Public Key
npub1avmz5jk4c409lupvak5ra244m06w30s840kz2c2mkt37h0lhh4sskqmfgwPublished at
2023-03-14 01:15:49Event JSON
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"content": "That's not insight, that's called a tautology. A = A doesn't communicate any wisdom, just the illusory response of feeling right, which our monkey brains associate with wisdom.\n\n #[4] That Saylor and Bukele lost is a realized fact of history. Both expected the price to go up because they thought a wise central planner (whose identity is hidden) could mathematically enforce deflationary effects, through centrally planning the rate of supply and deploying Keynesian tactics such as \"the halving\". \n\nSo you can skip pretending this is a case of a few people failing to \"time the market\". It's a case of a central plan shown to have no clothes when it meets the market.\n\n\"Nobody knows the exchange rate tomorrow, next month nor next year\" is a sly change of tune for someone who tells the world Bitcoin is mathematically guaranteed to increase in relative value over time to other goods and services. Central planning fails. This central plan failed. Bitcoin has even managed to outpace the dollar's inflation. \n\nSaylor is $1.3BN down and you're trying to imply he would have bought early anyway if he knew what the price would be today. Bukele down over 50% and you suggest the same? That's some serious cope, can I have a hit?",
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