Recent content by Arden

Was going to mention this but didn't want to go on excessively. Zero need to argue the philosophical points about whether BTC is a good store of value or not- you can just let the numbers do the talking. Since Bitcoin's launch, the dollar has LOST about 33% of its purchasing power. Since its...

Could be wrong, but my understanding is that the disparity is at least partially due to the fact that BTC’s 200DMA uses crypto exchange data, updated every day (including weekends), while IBIT’s 200DMA uses market close prices (Mon–Fri only). So IBIT's is “sparser” and often lags BTC’s...

Yeah, not a personal attack on you @Kirun but the strawman analogy is pretty apt. That's what brought me into this discussion in the first place from the main Investment thread. At this point it feels like you’re arguing against a version of the Bitcoin thesis that no one here is actually...

You’re right that governments use inflation, surveillance, and capital controls as policy tools, that’s exactly why Bitcoin has value in the first place. People hedge against tools they expect will continue, not tools they think will end. You can absolutely make BTC inconvenient, but you can’t...

This is a great argument if the world has two settings: 1. Everything stays exactly the same forever, or 2. The U.S. suffers a total system-wide collapse where the entire internet and payment rails are taken offline. But those aren’t the scenarios most Bitcoin holders are talking about. The...

The 200-day moving averages are based on different data sets?

Yeah, but the thing is, Bitcoin Cash isn't Bitcoin. It's not any more bitcoin than, say, Ethereum is. Since 2017, it’s been a separate blockchain with its own rules, miners, nodes, and ledger. I get why you would want to use something other than Bitcoin for every day monetary transactions...

https://visitpago.com/legend-of-the-lost-gold-of-dents-run/ The find would be worth about 175 million at today's prices.

Just giving you a hard time. Besides, I'm just happy we got you to acknowledge that BTC is a superior store of value. Frankly, that's as far as I'm willing to go myself. I've said on here many times I'm not sure that BTC is ever going to be "everyday money"- but I don't think it needs to be...

Tell chat gpt to make its answers more concise 😄

So funny, you're practically quoting Lyn Alden's broken money theory here. You just haven't made the last step to understanding why (based on what you yourself have said) btc is a superior store of value. To be fair it take some really smart people a long time to come around, but almost...

Me too- but they get a surprising number of things right. To an extent, it tracks that a system that makes people literally put their money where their mouth is would be more reliable than the typical talking heads, who can just push whatever narrative they want without real consequences for...

BTC bucking QQQ and following gold so far today. Going to guess it's bc the QQQ drop is being largely driven by govt shutdown fears and BTC is sovereign resistant

I mentioned Lyn Alden, she takes it one step further. Alden argues that money is ultimately an accounting system; a ledger that tracks who owes what to whom. In primitive economies, this ledger was mental or social (“I gave you a goat, you owe me a favor”). With the rise of markets, that...

Since we are on the topic, going to throw this out there: https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6 Strong recommend. One of the best non-fiction books ive read in years. You don’t have to like BTC to enjoy it, either.