disruptvestor
Disruptvestor⚡

Bitcoiner, Bitcoin Hodler & Disruptive Tech Investor. Not financial advice.

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Last Notes

2024-09-18 12:08:57

Fiat currency debasement cuts-through the fabric of social contract that people collectively agree to when they engage in productive economic activities.
Debasement incentivizes borrowing, dilutes trust, sows division, influences prices and disregards consequences. #Bitcoin
https://m.primal.net/KtmM.png

2024-09-06 22:00:45

#Bitcoin is inevitable.
https://m.primal.net/KhPm.jpg

2024-09-06 11:48:02

- reply

There are serious consequences to this trend. Through further centralization of monetary power and the rise of CBDCs - financial repression, disintermediation and erosion-of-privacy may be on the menu. With physical cash's imminent demise, #Bitcoin is the only freedom money...(4/4)
https://m.primal.net/KgjI.png

2024-09-06 11:46:49

- reply

Quantitative easing and currency debasement, the same drivers that have added fuel to #Bitcoin's price & market cap, have also stifled the share of circulating physical cash and grown share of bank reserves in the U.S. base money...(3/4)
https://m.primal.net/KgjE.png

2024-09-06 11:45:15

- reply

Actually, the size of circulating physical cash has grown, BUT the size of bank reserves have exploded far more since the 2008 financial crisis. This has shrunk the relative share of physical cash and changed the composition of the U.S. base money... (2/4)
https://m.primal.net/KgjA.png

2024-09-06 11:43:54

Some thoughts on physical cash and if it is dying?
Physical cash similar to #Bitcoin is a bearer asset and its share in the U.S. base money has declined significantly since 2005. BUT, there is more nuance to this development than what meets the eye... (1/4)
https://m.primal.net/Kgit.png

2024-09-05 15:56:26

To prevent crises over the last 30-years, central banks have directed (at least) US$2.8 Trillion worth of commercial bank recapitalizations in the form of direct capital injections, loans, asset purchases & swaps and guarantees.
This is unsustainable. The world needs #Bitcoin.
https://m.primal.net/KffE.png

2024-09-05 12:58:43

FDIC has very limited use in times of widespread financial crisis. In dire cases, ultimately the Fed has to print money and socialize the losses of insolvent commercial banks. Monetary systems built on unbacked fiat currencies have inherent risks that cannot be ignored. #Bitcoin
https://m.primal.net/KfUJ.png
#note1fjm…m8cr

2024-09-05 10:08:48

Monetary systems built on unbacked fiat lead to lose lending practices. Lose lending practices lead to bad loans. Bad loans increase chances of defaults. Defaults are reduced by forced recapitalizations. And to recapitalize, the central banks print more unbacked fiat.
https://m.primal.net/KfKe.png

2024-09-04 11:20:42

Shitcoin tokenomics are designed to take advantage of our 'unit bias' and pull-in liquidity.
1. Unit bias is the preference of having 1 whole unit of an item over a fraction of it. Most crypto projects take advantage of this inherent bias that humans have.
2. By pricing their tokens at a fraction of $1, they enable the average retail investor to stack hundreds if not thousands of 'whole token units'.
3. What most new investors are unable to distinguish is that thousands of 'whole' tokens of worthless crypto ALT projects will trend to ZERO in comparison to just a fraction of Bitcoin.
Be vigilant, be safe.
https://m.primal.net/KdlD.png

2024-09-04 11:17:37

One of the answer to 'why are my Alt-heavy Crypto bags not pumping as hard as they used to?' Marketcaps not matching expectations as limited capital chases more number of tokens.
Get out of Shitcoins!
https://m.primal.net/Kdkj.png

2024-09-04 11:14:21

All global fiat currencies are melting ice cubes. The only difference is how quickly are they melting-away.
Over the last few years, the Fed has debased the U.S. dollar by 7.2% annually. This has resulted in an annual inflation of 2.7% (as per official sources!?) and this I believe is just the tip of the iceberg.
In addition to inflation, currency debasement also leads to – reduction in real wages, exchange rate depreciation, higher borrowing costs, forced redistribution of wealth via socializing of government debts, and many other symptoms of financial repression.
In comparison, through immutable code - the number of Bitcoins are capped at 21 Million. In the Bitcoin world, code is law. This is the savings technology of the 21st century. The Bitcoin network has already issued 94% of its supply. And after 2140, all 21 Million tokens would have been mined.
Bitcoin is the scarcest asset in the world. The purchasing power of savings kept in Bitcoin will not only retain its value, but also grow over time as - governments continue with budget deficits and central banks debase currencies to monetize those deficits.
In my opinion, Bitcoin is the only way out of this mess. It protects our economic energy and helps us build a brighter future.
https://m.primal.net/KdkZ.png

2024-09-04 11:12:20

Barring Germany, the largest economies of the world have grown their share of Debt-to-GDP in unison.
Consistently running deficits and monetizing them by their debasing currencies.
Debt figures keep climbing higher as purchasing power of their underlying currencies erode away.
Perhaps, Bitcoin is the only way out?
https://m.primal.net/KdkS.png

2024-09-03 09:44:48

It is extremely hard to find assets that outperform Bitcoin over a long time horizon.
Yes, there can be a few Altcoins that run harder than BTC in the short term, however most of them fizzle-out in the very next cycle.
To be unbiased - at best we can expect only a handful of AI opportunities that come close to replicating Bitcoin’s outperformance over the next decade.
Therefore, to a great extent - 'there is no second best'.
https://m.primal.net/KbxZ.png

2024-09-03 09:27:20

When interests don't align, actions don't either.
Your interests are different from central bank's interests. And therefore the Fiat currency serves the central banks more than it serves you.
Whereas, Bitcoin only serves your interests.
https://m.primal.net/KbwW.png

2024-09-03 07:29:44

From 2013 to 2023, the annual U.S. budget in increased by 82% and the share of interest payments in the annual budget also grew from 6.4% to to 10.5%!
U.S. government deficit spending along with debt monetization through currency debasement is hollowing-out the purchasing power of U.S. dollars and all the world currencies that are pegged to it.
How is this sustainable?
https://m.primal.net/KbqO.png

2024-09-02 10:12:51

In Zimbabwe, it took 16 years from 1985 to 2001 for inflation to jump 10X (i.e. 10% to 112%).
Next, it took 5 years from 2001 to 2006 from inflation to grow another 10X (i.e. 112% to 1,281%).
Finally, from 2006 it took 6-months for inflation to grow by another 10X to 12,800%.
https://m.primal.net/KaMV.png

2024-09-02 10:11:03

FDIC can protect bank depositors only against some independent bank crisis and not systemic failures.
YTD 2024, FDIC's Deposit Insurance Fund can currently cover for only 1.17% of all protected deposits.
Whereas, self-custodied Bitcoin will protect 100% of your deposits.
https://m.primal.net/KaMQ.png

2024-09-02 09:51:23

People earn in fiat currencies that consistently get debased. Next, inflation robs them of their purchasing power as they try to save in bank deposits.
And finally, they are forced to buy higher risk assets to simply protect their economic energy.
Essentially in addition to mastering their craft and creating value for the world, people have to now become skilled investors. Why?
Why does it have to be this hard?
https://m.primal.net/KaLT.png

2024-09-02 06:38:15

Gold vs. Bitcoin: The 15-year old store-of-value wins!
https://m.primal.net/KaAS.png

2024-09-02 06:35:06

In fast debasing currencies, it is much harder to create wealth by using long duration fixed interest loans.
Using leverage to buy real estate or a primary residence in a country like Venezuela is extremely challenging.
For many people, Bitcoin is the only way out.
https://m.primal.net/KaAL.png

2024-08-28 12:29:54

Low time preference is the key to making it with Bitcoin.
#note1x6m…wyy8

2024-08-28 12:17:57

In 2023, 34% of all Tax dollars collected were spent in paying down interest on U.S. Debt! How is this sustainable?
https://m.primal.net/KRat.png

2024-08-28 09:38:19

A total of 4 million productive lifetimes of U.S. workers worth of US$s has been printed over the last few years.
Debasement is ruthless. What people earn by working for years can be simply printed out of thin air.
On the other hand, Bitcoin protects your economic energy forever.
https://m.primal.net/KRQe.png

2024-08-28 07:27:25

Data for those who believe that bank failures are a rare event.
Currently, there are 4,587 FDIC insured commercial banks and savings institutions in the U.S. And, since 2008 - some 541 banks have failed in the U.S.
This # is far worse in developing countries.
https://m.primal.net/KRJf.png

2024-08-28 07:22:42

A snapshot of why Bitcoin is the hardest money to be ever created in human history.
https://m.primal.net/KRJW.png

2024-08-27 22:54:56

Today, one whole Bitcoin at $58K is 'more than' or 'almost equal to' to the full-year of total pre-tax salary earned by 70% of employed workers in the U.S.
How long before owning 1 BTC becomes unattainable?.. ⌚️tick-tock
https://m.primal.net/KQhH.png

2024-08-27 22:49:57

Every decade since 1971, the U.S. has been growing its national debt.
1. In the decade of 2001-2010, the U.S. added $7.9T in debt i.e. 1.4X the debt it accumulated over the duration of 1950-2000!!!
2. In the decade of 2011-2020, the U.S. added $14.2T i.e. another 1.7X of national debt that it accumulated in the previous decade of 2001-2010.
3. As per actuals from 2021 to 2023 and the 'official' estimates until 2029, the U.S. is on track to add another $16.42T to its national debt.
This will bring the U.S. national debt to $44.2T by end of this decade.
How is this sustainable?
https://m.primal.net/KQgq.png

2024-08-27 22:34:07

- reply

True. Developing low time preference is the key.

2024-08-27 22:30:16

The Bitcoin network reduces friction and cuts costs.
https://m.primal.net/KQfT.png

2024-08-27 21:59:53

Here we go! Bitcoin below its 21 Week EMA.
https://m.primal.net/KQdH.png
#note1r36…ue0x

2024-08-27 21:39:49

+99.5% Crypto tokens trend to ZERO against Bitcoin!
https://m.primal.net/KQbx.png

2024-08-27 21:37:26

Bitcoin is special because it is the only asset that functions both - as a Safe Haven asset as well as a Hypergrowth asset.
Essentially, when someone buys BTC, they get safety & growth.
A very rare combination.
https://m.primal.net/KQbp.png

2024-08-27 21:00:26

https://m.primal.net/KQZN.png Bitcoin is testing its 21 Week EMA.
If BTC breaks below $61.5K, then we might have to wait until the September rate cut catalyst to get it moving towards the previous ATH levels. More patience.