this isn’t the final test… this is a marathon where the current system will kick the can down the road as long as it can. there is more to go. stay patient, stay humble, stack sats, and don’t fucking dance.


“You can dance if you want to______”


"You can leave your fiat behind!"


Because your friends don't bit and if they don't bit then they're....no coiners, oh my.


You tried I guess


User name checks out.


Yeah, that was a big flop.


I'm dancing while stacking sats.


Imagine when an insurance company has same run due to marginally higher policy surrenders.. MetLife has $23bn in unrealized losses, alone. Godspeed


What's wrong with dancing?


With each bank collapse comes people losing their money, their jobs, their houses and a lot of suffering.


Its a scene from the big short https://youtu.be/7eYcWpgCb7o And that statistics turns out to be very true




Not a crash, just a big crack. don't root for it. Let it happen and be prepared with Bitcoin.


I’ve been buying some for loved ones… even if they don’t believe in it


This is a weird flex. If it works out, you'll help your loved ones, but if it fails, they will blame you for being foolish.


They don’t know and they don’t make enough money to risk it


It feels good to be a Bitcoiner.


Death of the Dollar. … The biggest redistribution of wealth is coming up in the next few decades.


I’m always tempted to promote bitcoin on the Wall Street Silver sub but manage to stop myself. Same here bitcoin is the real deal - but if the lights ever go out it is a good idea to have some …never mind


Bottles of whisky and medical supplies


Notice how the price of BTC spiked when the canary in the coal mine (SI, SVB, and Signature’s collapse) indicated we may have a bigger problem incoming. BTC could have a wild and volatile ride, but could easily be $75k - $100k+ at some point between now and 2025.


As a crypto skeptic, this is a statement I can agree with. Bitcoin did not behave as a safe haven asset at the outset of the ukraine/russia conflict. It'll be interesting to see if it continues to behave as a safe haven during this financial crisis. It's performance has impressed me and surprised me the past 2 weeks.


Bitcoin was $3000 in March of 2020 and the second the Is government announced money printing it shot up to $69k. It acted as a safe haven during these times, completely out paced the market. It then fell to $15k in which is still a 400% gain from its low in March of 2020. Bitcoin didn’t fall because of Ukraine. It fell when the free money dried up just like every other asset, now what counts is how it reacts after the dust settles.


>Bitcoin was $3000 in March of 2020 $9000 unless you cherry pick the one lowest day in a 365 day period. You make a good point but the purposely misleading statistic kills it.


To add to this, it might take years or decades for learning and more adoption. Until that happens, it'll fall as you said when the money dries up. Once people know that sound money is important, it won't matter if/when the money printer stops.


It’s a hedge against monetary debasement - not inflation. You’re only skeptical because you don’t look in the right places


This is, irrelevant for bitcoin except for its speculative price. The function of bitcoin does not change. At all.


Two-fold positive vibes: knowing you were right, and your wealth increasing during a recession


You’re right, that whole banking crisis was why Bitcoin was created, loss of faith in the system.


Not quite, mate. Decades of work went into the creation of Bitcoin. Learn about the [cypherpunks](https://www.horizen.io/academy/cypherpunks/). Check out this [Timeline](https://twitter.com/AnselLindner/status/993498723853352960?t=cq5jJjqNSdobneKc7mBLBQ&s=19).


It couldn't have been created by or majority held by a better group. The white hats will prevail. I'm glad cypherpunks were the first and biggest adopters, and creators of BTC.


Gives us faith that the good in the world can prevail.


Well shit. Good to know!


Why don't you start from the Big Bang? Satoshi finished in little time because all the tech was finally available. Cool chart, super interesting, but has nothing to do with 2008.


Incorrect. Satoshi even cites work from various Cypherpunks *they* used, that helped create Bitcoin. Satoshi was the one that solved the Byzantine General's problem. But if you think I'm wrong saying this movement began in the 70's... you'd be right. Even Nikola Tesla theorized the *perfect* money. As did Henry Ford.


I’m just starting my journey into Bitcoin and Crypto. I’ve started reading the literature and clearing all of my debt. Once I’m more educated and in a good place financially I will be buying a wallet and start my Bitcoin journey. I hope I’m not to late to the party though.


Bitcoin, not crypto.


Final test lmao. This is just starting. I believe BTC will be pushed /hit so hard that 99% of holders will believe this is the true end. But it will survive once again. The isn't the final test


You win. I'm not in the mood to argue. And you are also right.


If the financial system crashes, our magic coins aren’t saving anyone.


Even though the idea and technology of Bitcoin is great it is still going to zero. There won’t be a redistribution of wealth 😂 The BlackRock, JP Morgan, Vanguard, Rothschild folks have more power than any of you could ever fathom. They won’t be giving that up in any way, shape, or form. The WEF will roll out their One World Digital Currency soon as planned… and it isn’t Bitcoin lol


Except people will have a choice now, one world illuminati coin or Bitcoin.


Death of the Dollar. … The biggest redistribution of wealth is coming up in the next few decades.


That paper is from 2008.


I believe the 2008 financial crash was the impetus of Satoshi creating Bitcoin.


Ow I see. Missread the title.


From google: When Bitcoin's first ever block was mined, its creator (or creators), Satoshi Nakamoto, posted a message referencing a 2009 story by UK newspaper The Times. The message read: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”


* First test


We should all be rioting in the streets, 85 bill bailout? Fuck them, let it fail. We should be doing what the people of France are doing right now.


I love how we assume that people learn. They don’t. In fact, the blame will be on Crypto for this PSYstemic meltdown and the government will act like savior! People don’t like self responsibility much less self custody!