Ace Fujiwara on Nostr: Part 4 and 7 if done right will set a market reference value for bitcoin. many do not ...
Part 4 and 7 if done right will set a market reference value for bitcoin. many do not realize how crucial this is, in addition to expanding the demand curve beyond capital appreciation.
Part 6 is where you will be able to determine who (issuers) are the (a) scam fks, (b) criminals in suits, (c) real projects.
Part 3 - the entire point of bitcoin is to cause governments to realize that if they fk around too much, money will move to decentralized assets. this is the balls shrink effect / influence that is the underlying real core of what bitcoin is.
Part 5 - be careful of the prevailing mantra to stock up on bitcoin and sit and wait for havings and transaction processing income, because the reason why the likes of Blackrock is accumulating BTC is to ride on this mantra within the bitcoin use base and liquidate at the right trading window.
demand is a very powerful economic factor to providing market reference value for an asset, digital, real-world, whatever. When the US Dollar peg to gold was removed in 1971, it was the demand created by the 1973 PetroDollar deal with Saudi Arabia that created this market reference value.
DO NOT take my word for it. VERIFY the facts and run it through whatever AI tools you have to get a NON-BIAS perspective/analysis.
ex-skeptic in stablecoins, but they:
1. have product market fit (governments need to sell debt, people in tough situations want improved short term savings vehicles)
2. can onboard people to key management practices
3. give governments another attempt at holding financial institutions accountable (bail ins, not bail outs)
4. create liquidity bridges to bitcoin
5. the free market will correctly answer your question for you but over time
6. hopefully stablecoin issuers run their own publicly verifiable databases rather than issuing on some unnecessary poorly designed third party blockchain (less abstractions, more transparency)
7. bitcoin payments will hopefully still run in parallel to stablecoins for those that correctly identify stablecoin risks
Published at
2025-04-15 01:52:32Event JSON
{
"id": "eb875cd447776cbc20ab158f08db8b07e728f9030e53d2cbd81a09af3160159c",
"pubkey": "12bd74053f05d6a24f6c88b754b997587348502748743f8f0128551118f667df",
"created_at": 1744681952,
"kind": 1,
"tags": [
[
"q",
"cc00cc3336f091f51e48f9ce16367931214b07f1b8e4e67439975de633adb4a5",
"wss://relay.damus.io/",
"",
"3840c3e0de98715b1fde9c0553d77818c4af0d13787b064d748816648a6d10c7"
],
[
"client",
"snort",
"31990:84de35e2584d2b144aae823c9ed0b0f3deda09648530b93d1a2a146d1dea9864:app-profile"
]
],
"content": "Part 4 and 7 if done right will set a market reference value for bitcoin. many do not realize how crucial this is, in addition to expanding the demand curve beyond capital appreciation.\n\nPart 6 is where you will be able to determine who (issuers) are the (a) scam fks, (b) criminals in suits, (c) real projects.\n\nPart 3 - the entire point of bitcoin is to cause governments to realize that if they fk around too much, money will move to decentralized assets. this is the balls shrink effect / influence that is the underlying real core of what bitcoin is.\n\nPart 5 - be careful of the prevailing mantra to stock up on bitcoin and sit and wait for havings and transaction processing income, because the reason why the likes of Blackrock is accumulating BTC is to ride on this mantra within the bitcoin use base and liquidate at the right trading window. \n\ndemand is a very powerful economic factor to providing market reference value for an asset, digital, real-world, whatever. When the US Dollar peg to gold was removed in 1971, it was the demand created by the 1973 PetroDollar deal with Saudi Arabia that created this market reference value.\n\nDO NOT take my word for it. VERIFY the facts and run it through whatever AI tools you have to get a NON-BIAS perspective/analysis.\nnostr:nevent1qqsvcqxvxvm0py04rey0nnskxeunzg2tqlcm3e8xwsuewh0xxwkmffgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygpcgrp7ph5cw9d3lh5uq4faw7qccjhs6ymc0vry6aygzejg5mgscupsgqqqqqqsa7cur2",
"sig": "6a9040e656cba5952f37b24a04b48e336025f379545b82b6146c5bb067803be55b45012ae8d80242d78e627238a286e698c5b72cb27f983921694069255ef97f"
}
