Finney21 on Nostr: P01 presentation notes [11.1.23 - block 814,886] #Bitcoin is not a hedge by Parker ...
P01 presentation notes [11.1.23 - block 814,886]
#Bitcoin is not a hedge by Parker Lewis [34min]
—
Bitcoin isn’t a hedge to inflation, it’s the solution to inflation
Bitcoin only. Not crypto
There will only ever be 21 million bitcoin
Bitcoin is a form of money that cannot be printed
Economic systems converge on a single form of money. We only need a single form of money
People cannot flee to the safety of something they do not understand
Less than 1% of people currently understand and have material exposure to bitcoin
Adoption occurs as knowledge distributes
Why is Bitcoin valuable? 21 million fixed supply, censorship resistant, trustless
What problem does Bitcoin solve? Money printing (which creates inflation)
World events demonstrate the reason Bitcoin exists. Canadian freedom convoy, 2023 bank failures
Knowledge distributes as a function of time
People move from trading bitcoin to get more dollars to accumulating bitcoin because it is replacing the dollar
“If you understand bitcoin, there’s no way you only own 1%” - Michael Saylor
Every fundamental of Bitcoin is currently very strong
Nearly 70% of bitcoin has not moved in over a year
The Halving is the most important market event in Bitcoin
Bitcoin becomes more scarce every year especially during halving years
92.9% of all bitcoin that will ever be created has already been issued as of today
Injection of new dollars induces the expansion of credit
Without printing more money, the debt system collapses
“bitcoin is the only large tradeable asset in the world that has a known fixed maximum supply” - Paul Tudor Jones (May 2020)
Only a better form of money can fix a broken money
The fiat system becomes more fragile when exposed to stress. Bitcoin gains strength when exposed to stress
Bitcoin functions best in a world without bailouts
Bitcoin is the greatest asymmetry to ever exist
Most asymmetrical events are low probability. Adoption of Bitcoin is an asymmetrical event that is highly probable
If they printed $5 trillion last time, they will need to print much more the next time (which seems to be getting very close)
There is no top to global adoption of bitcoin as money
Bitcoin’s scarcity is not valuable without education and security
#Bitcoin is not a hedge by Parker Lewis [34min]
—
Bitcoin isn’t a hedge to inflation, it’s the solution to inflation
Bitcoin only. Not crypto
There will only ever be 21 million bitcoin
Bitcoin is a form of money that cannot be printed
Economic systems converge on a single form of money. We only need a single form of money
People cannot flee to the safety of something they do not understand
Less than 1% of people currently understand and have material exposure to bitcoin
Adoption occurs as knowledge distributes
Why is Bitcoin valuable? 21 million fixed supply, censorship resistant, trustless
What problem does Bitcoin solve? Money printing (which creates inflation)
World events demonstrate the reason Bitcoin exists. Canadian freedom convoy, 2023 bank failures
Knowledge distributes as a function of time
People move from trading bitcoin to get more dollars to accumulating bitcoin because it is replacing the dollar
“If you understand bitcoin, there’s no way you only own 1%” - Michael Saylor
Every fundamental of Bitcoin is currently very strong
Nearly 70% of bitcoin has not moved in over a year
The Halving is the most important market event in Bitcoin
Bitcoin becomes more scarce every year especially during halving years
92.9% of all bitcoin that will ever be created has already been issued as of today
Injection of new dollars induces the expansion of credit
Without printing more money, the debt system collapses
“bitcoin is the only large tradeable asset in the world that has a known fixed maximum supply” - Paul Tudor Jones (May 2020)
Only a better form of money can fix a broken money
The fiat system becomes more fragile when exposed to stress. Bitcoin gains strength when exposed to stress
Bitcoin functions best in a world without bailouts
Bitcoin is the greatest asymmetry to ever exist
Most asymmetrical events are low probability. Adoption of Bitcoin is an asymmetrical event that is highly probable
If they printed $5 trillion last time, they will need to print much more the next time (which seems to be getting very close)
There is no top to global adoption of bitcoin as money
Bitcoin’s scarcity is not valuable without education and security