Congratulations everyone. We got there in the end.

Loving the Matrix clip on Bitcoinity right now: http://bitcoinity.org/markets/bitstamp/USD

OMG. 100k. It's looking like it might happen anytime now.

What are we thinking - blow right through it or bounce up and down either side for a while? Either way, congrats brethren, what a time to be alive (if your'e a hodler)  

I'm beginning to build a bit of a collection of these now (although I thought I had a Financial Times edition for the day we hit $50k. Must try to find it). Today's headline is already 10% out though.

Well this is pretty special. Congrats brethren. What follows Gentlemen? Is there even a word for it?

Fear not, the polls are entirely made up too.

I put the TV on this morning (something I rarely do) and landed on some MSM news and some junk morning TV. A lot of discussion about fiscal and economic policies, and politics. I was struck by the negativity of almost every report or 'feature'. No longer are the anchors asking "should we be worried about [insert almost anything]" but instead it's now "how worried should we be about [insert almost anything]" - the assumption of the need for worry and the pushing of the fear narrative would be laughable if it wasn't so.....worrying, lol.

However, it did lead me to be grateful for bitcoin providing some degree of immunity to this misinformation and economic mismanagement.

On a brighter note, it feels like a new ATH kind of a day, but.....

As much as I love ATHs, the things I'm most looking forward to now are mass adoption; nation states adopting a bitcoin standard (go Bukele); corporations adopting a bitcoin standard (go Saylor); and state intervention in free markets subsequently becoming smaller. That's what we really have look forward to - a time when the $/BTC price won't be of great importance.

I'm back for the dead, solely (or soul-ly?) to block Buddy.

Hilariously biased reporting on "cryptocurrencies" on MSM today, around the SBF sentencing. The usual, predictable, diatribe about Bitcoin - "Wild West, unregulated, risky, evasive, Ponzi, boom and bust, you could lose everything" - ad infinitum.

Predictable but still mildly annoying at the lack of balanced reporting. If only they would do a deep dive into the Fed, the Bank of England, Wall Street etc. But no, that just wouldn't do, would it?

"It is perhaps well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." (Henry Ford (maybe))

Except that the replacement of fiat with Bitcoin is the revolution. We'll get there eventually. Time is on our side.

Investing in bitcoin is the opposite of gambling

I find the question of when (if?) to sell any corn a bit more nuanced than just trying to time the best profit in $. If you believe that BTC is going to become the world's best store of value (or already is); and that BTC will replace the $ as the world's dominant/reserve currency, then you don't want to end up with bags of fiat. Then the question becomes how many BTC are you willing to sell before that happens, so that you reach a reasonable compromise between enjoying the present and facilitating a more comfortable/enjoyable lifestyle, and keeping your BTC for the time when you won't need to sell it for fiat because it has usurped fiat in all use cases (store of value, medium of exchange and f**k you tool against state governments' corrupt financial system).

The compromise is difficult to find because of the unknown timescale for when BTC will replace fiat. And the unknown timescale of when you will die. I mean, who wants to die with lots of unspent funds, the spending of which could have made your life better. You could leave it to your kids, but where's the fun in that?

Well that really was a fine sleep hodl. And a fine waking hodl. Bitcoin - the gift that keeps on giving (even if it was a gift to myself).

I'm also really loving seeing what Saylor is doing with MSTR and surely it's only a matter of time before others start to follow his playbook. Pioneering the route towards de-dollarization.

What a great start to the day. Wake up to see a $71,500 ATH.

I have a feeling this week is going to be special. Happy hodling bros.

Ok, that's enough of that nonsense. No more pasting of the already infamous post. My fingers are bleeding all over my trackpad.

Here we go.....

Oh yeah, that's a total can of worms. Govt. inflation stats are about as reliable as a testimony from Prince Andrew. Shadowstats is pretty interesting if you have the time to delve into it: http://www.shadowstats.com/alternate_data/inflation-charts

I was using this recently at seemed ok to me, it appeared to use reasonably accurate annual price index data:

https://www.inflationtool.com

Have you got your gifs ready, Gentlemen?

This hits the mark


https://x.com/stackhodler/status/1764581509887889667

Going to bed tonight with the real possibility of waking up to a new ATH in the morning. It's a great time to be alive (and asleep).