Thinking of buying ANY other asset that Bitcoin as a financial instrument?
Is it proveably scarce?
Is it inelastic to demand?
Is there counterparty risk?
Can you liquidate ANY amount if it in a split second for the market value?
Can you send it to someone on the other side of the Earth, or hell, on the moon, for next to nothing and at the speed of light?
Answered no to any of them? Then... what the heck are you doing?
BitofBitcoin /
npub16d…3canr
2025-02-09 16:40:41
Author Public Key
npub16dtrppmkppz4frnut4z2vkl3vkps73ghr3fh5lyaxes5wa8yk4jsr3canrPublished at
2025-02-09 16:40:41Event JSON
{
"id": "65ebd6b2f8222f01bee89a8574c382eede4adc4919879d3fb83b98b9ac0eaff4",
"pubkey": "d3563087760845548e7c5d44a65bf165830f45171c537a7c9d36614774e4b565",
"created_at": 1739119241,
"kind": 1,
"tags": [],
"content": "Thinking of buying ANY other asset that Bitcoin as a financial instrument?\n\nIs it proveably scarce?\n\nIs it inelastic to demand?\n\nIs there counterparty risk?\n\nCan you liquidate ANY amount if it in a split second for the market value?\n\nCan you send it to someone on the other side of the Earth, or hell, on the moon, for next to nothing and at the speed of light?\n\nAnswered no to any of them? Then... what the heck are you doing?",
"sig": "da58bac536ae9c45375b68f699570bbe6391a4f0205c02c4c4d13331fe9008ca19ec214c17464ccdb53488e3b4a9c07852e08aa87a3d368b2815be88d11821a7"
}