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What's trending on Nostr over the last 24 hours?
quoting note1ezr…mtv6Bitcoin has now been working and trading for 15 full calendar years. It's time to see how it's doing and run some numbers.
On Jan 1, 2010, there were 1,624,000 bitcoin in circulation trading at around $0.001 each. The total market capitalization of bitcoin was ~$1,624.
On Dec 31, 2024, there were 19.803 million bitcoin trading at around $93,389 each, for a total market capitalization of $1.85 trillion.
In total over the 15 years, the size of bitcoin cash balances has increased by 110,400,000,000,000%, or around 110 billion percent.
If, during the next 15 years, bitcoin grows at only 1 ten millionth of its growth rate over the last 15 years, it grows to a total market cap of around $210 trillion, making it larger than all the world's fiat currencies and government bonds combined.
In such a world, a government may be able to keep its shitcoin alive if it doesn't inflate its supply too much (a big if, and an even bigger may). Whether they do or do not is largely inconsequential, because either way, inflation won't be able to touch the majority of the world's wealth.
Any bitcoin bearish thesis needs to present a coherent explanation for why bitcoin's next 15 years are going to have a growth rate that is significantly lower than a ten millionth of the rate of the past 15 years. Don't expect to hear one from people who get paid from the inflation bitcoin will kill.
Happy 2025!
Fiat is over if you want it!
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quoting note19wh…7aaqGOOD MORNING NOSTR.
HAPPY NEW YEAR.
LIVE FREE. 🫡
quoting note1hej…unuxMy goal in 2025 is to be even more militant about widespread bitcoin adoption.
The world is immersed in chaos and nothing can be fixed until people understand that the money is broken and they need to adopt the solution.
Fix the money, fix the world.
quoting note1ygm…ht6yTHE BITCOIN NETWORK TRANSFERRED $6.6 TRILLION IN 2024.
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quoting note1sjf…eag4HODL (npub1rtl…jtfs) thinks we clear 500k
ODELL (npub1qny…95gx) humbly implied 2m is in play
Dipshit tradfi bros and chart bois calling for $220-$250k
Jeff Booth (npub1s05…eyhe) comments when modeled out suggest $3–$4m
Excellion (npub1exc…n72a) sticks with clean $1m call
So weighted average call is like $1.3m BTC this cycle. Here for it
quoting note13lz…tkppSeven years ago today, I quit drinking alcohol.
A week after, someone described to me what #bitcoin was at a bar. Had I been drinking that night, I probably would have made fun of them for getting fooled into speculating on the price of magic internet money before largely dismissing what they had to say.
Instead, though, I listened intently that night and spent the following three years quietly studying #Bitcoin. Come January of 2021, I published the first edition of my Substack newsletter on #Bitcoin, and to be blunt, I was fucking petrified.
“I don’t know enough about #Bitcoin to write about it,” I first thought to myself. I went to bed that night after publishing feeling like I was having a panic attack.
Within a year, I started getting job offers to write about #Bitcoin and I turned some of the initial ones down, because again I thought to myself “I don’t know enough about #Bitcoin to write about it professionally.”
I eventually took a job offer, though, and while I’ve grown more comfortable doing what I do, there are days that it still scares the shit out of me.
I share all of this because #Bitcoin has come to mean more to me than just it being pristine collateral or a currency we can use permissionlessly. Instead, it’s been a catalyst in my life, spurring change within me that I never thought possible.
While I’ll never fully be able to put into words how #Bitcoin has changed my life - or should I say how it’s catalyzed change in my life - I can thank everyone who’s supported me in my journey, including many of you on this platform.
And if you take anything away from this post, it would be to lean into the discomfort in 2025. Accept challenges in amounts that are digestible to you and speak your truth in the process.
As Jeff Booth (npub1s05…eyhe) (one of my greatest teachers over the past seven years) says, WE ARE BITCOIN, and #Bitcoin only continues to be #Bitcoin if we defend it.
You don’t need to be a technical mastermind to write or speak about #Bitcoin; you only need to intuitively understand the force that it is in the world and have a desire for other people to experience the benefits of it.
Happy New Year and much love to everyone 🧡
quoting note1pm9…d7pxChoose one.
1. A 50 year marriage
1. 50 bitcoin
quoting note14zr…s4vcGot enough billboards?
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quoting note10n0…58u2The fear of cancelation—which is really the fear of not being able to have economic means (classic Athenian ostracism)—is the greatest censorship tool that there has ever been.
The truth cannot even get on the radar because dialog cannot even get close to it, and anyone who does is so isolated that the message cannot get out.
This is why Nostr is so important, as the message can get out now, and it cannot be cancelled.
quoting note1xxy…ex9aHad a great time at Saylor’s $0.1M party.
Can’t wait for the $1M party next year!![]()