BTCMeansFreedom4All on Nostr: DCA = Dollar Cost Average (Out of Dollars) BCA = Bitcoin Cost Average (Out of ...
DCA = Dollar Cost Average (Out of Dollars)
BCA = Bitcoin Cost Average (Out of Bitcoin)
If what we want is a stable unit of account to facilitate true global adoption, then we need to work to reduce the highs and raise the lows of each cycle as those cause fear and suffering. I believe the cost to mine is the anchor on the market price so helping move the market price closer to the mining cost, most effective when it significantly deviates during the cycles, is my goal to achieve that stability.
I do not consider this trading Bitcoin even though it might be seen that way. To me it helping accelerate adoption of the best money ever created, while helping to accelerate the downfall of the FIAT system.
BCA = Bitcoin Cost Average (Out of Bitcoin)
If what we want is a stable unit of account to facilitate true global adoption, then we need to work to reduce the highs and raise the lows of each cycle as those cause fear and suffering. I believe the cost to mine is the anchor on the market price so helping move the market price closer to the mining cost, most effective when it significantly deviates during the cycles, is my goal to achieve that stability.
I do not consider this trading Bitcoin even though it might be seen that way. To me it helping accelerate adoption of the best money ever created, while helping to accelerate the downfall of the FIAT system.