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@ BoomTown
2025-05-04 12:15:57
“Bitcoin sets the cost of capital!”
“Sats flow!”
Only if NGU.
Storer of value? Medium of exchange? Unit of account?
Only if NGU.
Perhaps all the rich bitcoin OGs should return to their roots and remember that there is an entire generation of bitcoiners who have been in - some all-in - for 4+ years and all we have is a stupid “bitcoin $100k” hat.
Absolute scarcity needs to do its thing. The fact that it hasn’t yet shows that while bitcoin influencers circle jerk with podcasts and venture capital firms, the credibility of bitcoin as money is being interfered with by Coinbase, binance, and the like.