Preston Pysh’s Private
@PrestonPyssh2
Bitcoin & Books. Cofounder of TIP. GP @ egodeathcapital. Advisor at@primal_app. lbuy Bitcoin at @ River. Nostr Verification: http://primal.net/preston
Why Everything's Changing When building an economy on top of a global settlement layer, that currency or bedrock cannot deflect. For the past 40 years, that bedrock has been the US treasury market (it's massive - tens of trillions of dollars). And for 40 years, anyone who saved…
"The world needs the ability to move value, the same way we move information." 👆 This is the future that we're building with Bitcoin and Lightning at Breez. The Breez SDK offers developers one of the simplest ways to integrate Bitcoin payments into any app—giving users…
Why is the market seemingly suddenly so obsessed with unemployment? Look at this chart to see how, once unemployment begins to tick higher, the momentum that carries the economy into recession is virtually impossible to stop.
Fedwire processed over a quadrillion dollars worth of volume last year, at an average pace of about 6 transactions per second.
He has the most patents at Microsoft. Thousands. Double the number of the second person. In other words, he knows what he is talking about.
Microsoft's Chief Scientific Officer Eric Horvitz says AI systems are already impressively creative, but we riding an exponential curve that will leave no-one in any doubt as to their creativity in 18 months
Parker is right, a fixed money supply is perfectly elastic, but let’s explain it more clearly for the Keynesians in the back. Let’s say there are 10 bitcoins in an economy. That supply of money is fixed. In January, those 10 bitcoins can buy 10 Ferraris, meaning the purchasing…
What Keynesians principally miss about a fixed money supply and the concept of elasticity is the following: a fixed money supply is perfectly elastic. With a fixed supply (e.g. bitcoin), elasticity is increased by price. Need more money? Increase price.
BIG NEWS: We have all the signatures we need to get on the ballot in every state! This incredible achievement happened because of our more than 100,000 extraordinary volunteers. Their commitment, their heart, and their tireless devotion made this possible - and fuels our…
VIX futs liquidity: lowest on record
Think of Bitcoin in 4 year holding periods. When you do, a whole lot starts to change.
When I see a intellectual people NOT understand Bitcoin, what is often preventing them from “getting it”, is a deeply held, core belief that the world is spiraling out of control and can’t get better. Because of this pessimistic conviction, it’s almost like it’s impossible for…
Four years ago today, MicroStrategy adopted #Bitcoin as its primary treasury reserve asset; since then $MSTR has outperformed 499 of 500 stocks in the S&P 500.
Great chat guys! Let's go
I sat down with @PrestonPysh to talk about: - Acceleration of the debt spiral - Abysmal Treasury auctions - The Bank of Japan’s problem - Bitcoin as a corporate treasury asset - Bitcoin as the hurdle rate - much more High octane signal.
The Nakamoto Paradox. Total nominal supply of bitcoin = fixed (inelastic) and the amount of money available to the market is perfectly elastic. Check out Hodl Waves. Practice > Theory. Money supplied to market increases as demand + price increases Keynesian heads explode!
Bitcoin's volatility is a feature, not a bug.
Think of Bitcoin in 4 year holding periods. When you do, life gets interesting.
People should be outraged that accounts can be deleted. Checkout decentralized social media on the Nostr protocol where no one can delete your account or censor your speech. It’s for you AND your enemies. You can use primal.net to interact with the protocol.
Need something to listen to this weekend? Thoroughly enjoyable conversation between @MartyBent and @PrestonPysh on recent episode of @TFTC21. youtube.com/watch?v=cNtIuN…
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Why the Next 12 Months Will Be HUGE for Bitcoin! - Preston Pysh TFTC...
I'll tell ya what's not blocked in several countries: Nostr It's time to checkout primal.net
Signal is blocked in several countries but you can set up a proxy server to help people access Signal no matter where they live. Here’s how: signal.org/blog/proxy-ple… Thank you for helping keep Signal available for everyone who needs it. To share your proxies use #SignalProxy
What Keynesians principally miss about a fixed money supply and the concept of elasticity is the following: a fixed money supply is perfectly elastic. With a fixed supply (e.g. bitcoin), elasticity is increased by price. Need more money? Increase price.
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