Why Nostr? What is Njump?
2025-06-13 05:25:12

DugandRupe on Nostr: Gm nostriches, bitstein got the cogs turning. If you happen to have tracked bitcoin ...

Gm nostriches, got the cogs turning. If you happen to have tracked bitcoin buys (really useful for taxes 🤮), time to denominate in Bitcoin, every dollar/pound/euro you put in could have just bought bitcoin (since day one). If you’ve always been #bitcoin only, you could include every other “investment” you made…….. I’m not including the house I bought in 2014…..

If unlike many, you went on that “it will appreciate faster than bitcoin” detour, maybe a tough calculation to make, but worthwhile to “run the numbers” (cheers again ). While you might not want to share the actual numbers, a useful data idea to share with no/pre-coiners who say “I’m going to buy X it’s cheaper”, reminding them that any gains need to then be sold, with the associated tax drag on your gains, if they actually outperform btc.

Bitcoin is the best “medium of exchange over time” (love this ), as a result is a great as a unit of account, it is the yard stick, how can you measure something with a unit that continually changes?

As per usual, quiet moments in the morning with #catstr and #coffeechain peace out freaks.

nevent1qqsgmfykus94y9p9kmkfurka7p5jjw6nuxl8d9q6emgaqct35v30c9gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgly5aqs
Author Public Key
npub1zrmu0amjmkynxlxgmdsyrjmp8vhxdz8ch5vja9vh9ym4natg8k5s8ge9wx