bram on Nostr: When traditional finance bros says #bitcoin is a “speculative asset” and ...
When traditional finance bros says #bitcoin is a “speculative asset” and therefore not interesting, they don’t mention that everything you invest in is speculative.
You speculate that Tim Cook and Elon don't die in their sleep.
You speculate we don’t find an infinite amount of gold on an asteroid.
You speculate someone wants the real estate, sneakers, art, whiskey or car you bought.
In general, who invests in an asset and doesn’t want it to go up in value?
“It is a speculative asset” is a non-argument against Bitcoin. You know what is also speculative?
You waking up.
What these TradFi bros fail to acknowledge is that Bitcoin is the only asset you can fully AUDIT 24/7/365.
Before and while you invest in it.
Is the issuance still the same?
What is the supply?
What is the usage?
How is the security?
What is the distribution?
What is the uptime?
What is the growth?
Etc etc etc.
NONE OF THAT IS POSSIBLE WITH ANY OTHER ABSOLUTE SCARCE ASSET (Oh wait, there are NONE!)
Simple. Not easy.
You speculate that Tim Cook and Elon don't die in their sleep.
You speculate we don’t find an infinite amount of gold on an asteroid.
You speculate someone wants the real estate, sneakers, art, whiskey or car you bought.
In general, who invests in an asset and doesn’t want it to go up in value?
“It is a speculative asset” is a non-argument against Bitcoin. You know what is also speculative?
You waking up.
What these TradFi bros fail to acknowledge is that Bitcoin is the only asset you can fully AUDIT 24/7/365.
Before and while you invest in it.
Is the issuance still the same?
What is the supply?
What is the usage?
How is the security?
What is the distribution?
What is the uptime?
What is the growth?
Etc etc etc.
NONE OF THAT IS POSSIBLE WITH ANY OTHER ABSOLUTE SCARCE ASSET (Oh wait, there are NONE!)
Simple. Not easy.