Stovo ๐ŸŠโšก (@Runanode) header
Stovo ๐ŸŠโšก (@Runanode) profile picture

Using a #Bitcoin standard | #Bitcoin maxi | Love nature

United Kingdom
Joined July 2010
Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)Photo by Stovo ๐ŸŠโšก (@Runanode)
Bitcoin doesn't give af Black White Asian Left Right Pro life Pro choice American Chinese Ugandan Authoritarian Democratic Statist Anarchist Libertarian Poor Rich Atheist Christian Muslim Buddhist Male Female Non binary Pro BTC Anti BTC Anything Bitcoin doesn't give af
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Stovo ๐ŸŠโšก retweeted
Wasnโ€™t her husband assassinated in broad daylight here in the U.S. while Trump was president?
Erika Kirk says Europe is no longer safe as it has surrendered to criminals, while the US is safe under Trump.
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Unpopular opinion: the US feels like a failed state compared to the UK. The state of the infrastructure & cities, the fact that nobody knows how to drive, the levels of poverty of majority of Americans. It's sad.
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I remember when this guy used to do decent Bitcoin podcasts. Now he's giving live demonstrations of the Dunning-Kruger effect for all of X to admire.
Replying to @codetalkio
Obviously, anyone with half a brain knows that the business and costs dynamics of Denmark and Bedford could be wildly different, thus this comparison is pointless. Have a nice day.
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Stovo ๐ŸŠโšก retweeted
Remember that I predicted a long time ago that President Obama will attack Iran because of his inability to negotiate properly-not skilled!
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Stovo ๐ŸŠโšก retweeted
๐Ÿคท๐Ÿปโ€โ™‚๏ธ
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Stovo ๐ŸŠโšก retweeted
For the sake of making myself as unlikable as possible with the MAGA community, to whatever extent MAGA is still a thing or a community right now, I've decided to do a short thread tackling the most common misconceptions they seem to have about Europe.๐Ÿงต
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Stovo ๐ŸŠโšก retweeted
Here's a thread about social media decentralization. A couple years ago, I tried to "like" one of Doomberg's posts about a platform, and I literally saw the heart fill up, and then drain out of it like blood. I'd never seen that before. Twitter said me liking that was disabled:
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Stovo ๐ŸŠโšก retweeted
Embarrassed Trump Realizes Heโ€™s Had Russia And Ukraine Confused This Entire Time buff.ly/4gTKhx5
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Stovo ๐ŸŠโšก retweeted
I asked @grok to analyze the last 1,000 posts from Elon Musk for truth and veracity. More than half of what Elon posts on X is false or misleading, while most of the "true" posts are simply updates about his companies.
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Stovo ๐ŸŠโšก retweeted
๐Ÿ”ฅ Has Zelenskyy just played Trump?
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Stovo ๐ŸŠโšก retweeted
Mr. President, Ukraine did not โ€œstartโ€ this war. Russia launched an unprovoked and brutal invasion claiming hundreds of thousands of lives. The Road to Peace must be built on the Truth.๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ฆ โ€œRussia Invades Ukraine in Largest European Attack Since WWIIโ€ @FoxNews (February 24, 2022) foxnews.com/world/russian-inโ€ฆ
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Stovo ๐ŸŠโšก retweeted
Replying to @Cobratate
You just articulated one of the best parts about Bitcoin. It will make everything more affordable. Here's how: Without Bitcoin, you're forced to invest in a bunch of random stuff to grow your purchasing power. Hotels, homes, speculative startups, etc. Sure you know a bunch of it will fail, but you have so much cash that you just spray and pray that something hits and makes up for the losses. That's capital misallocation. And it's happening at scale. It inflates the price of everything for everyone. Including homes that people need. So what happens when people start stacking Bitcoin instead of dumping money into real estate investments? The price of homes that people actually need to live in will fall. Prices are truth. They are the market's way of telling you the relative value of things. So if your buddy can't get anyone to dump $16 million into a hotel, that means he's holding the bag. He (or the bank that owns the hotel) needs to revalue the hotel much lower to whatever the clearing price is. That's what happens when you play around with 20th century stores of value at the dawn of Bitcoin. Asset holders need to adapt or die. The price of real estate will continue to fall relative to Bitcoin because it's a terrible store of value compared to BTC. Insurance costs, property tax, maintenance costs, tenant headaches, natural disaster risk, pandemic risks, etc... Capitalism won't stop though. At a certain point, Bitcoin returns slow down when it's properly priced closer to ~$10 million a coin in today's terms. And then it may make sense to buy equity in businesses that can offer cash-flow or rapid growth opportunities. But it's important to remember: People won't stop consuming just because they have Bitcoin. When someone has surplus wealth, they eventually value time/experiences/material comfort more than incremental wealth. Or they may want to fund entrepreneurs for excitement / challenge / impact. And so Bitcoin will incentivize people to save and carefully allocate capital, but once they have "enough" - they will still trade some of their Bitcoin for goods and services. One last thing: You said deflation is a bad thing. Deflation is coming no matter what. When AI and robots are doing 90% of our work, that's massively deflationary because they can do things way faster and cheaper than humans. Which should make the price of everything fall. But you're right that deflation is bad for a debt-based economy because you can't pay back debt if the currency the debt is denominated in gets more valuable. That's why central banks debase currencies to make sure the debt based economy doesn't implode. So right now, instead of letting technology gains make things cheaper for everyone, central banks actually make sure we all face 2% growth in prices every year. And they'll debase the currency as much as they need to to make sure prices grow instead of fall. Which is why things get worse every year if you're stuck in the fiat system. Luckily anyone can opt out of the inflationary system right now by adopting finite Bitcoin. Bitcoiners are already living in a deflationary world. We're getting the full benefit of humanity's increasing productivity. Everything around us is getting vastly cheaper every four years. Anyone can opt into this deflationary system at anytime and get the full benefit of the AI / robotic revolution that is just beginning.
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Stovo ๐ŸŠโšก retweeted
Points were made.
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Stovo ๐ŸŠโšก retweeted
RT if you don't want $XRP on America's balance sheet. BITCOIN ONLY ๐Ÿ‘
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Stovo ๐ŸŠโšก retweeted
Iโ€™m so close to 0.1 BTC I can taste it!
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Stovo ๐ŸŠโšก retweeted
The "I'm a genius trader" stage of the Cycle seems to have started.
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Stovo ๐ŸŠโšก retweeted
Replying to @Bitcoin_Cookie
Our frens can also watch this party live on X xitter.cf/i/broadcasts/1OyJAZQQvโ€ฆ
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Stovo ๐ŸŠโšก retweeted
What you're seeing with MicroStrategy is just the beginning. This is way bigger than just a massive MSTR pump. Saylor is making it brutally obvious that you either buy Bitcoin, or you fall behind. And this could be the tumbling domino that leads to hyper-Bitcoinization. The idea is simple: Convert as much fiat capital into finite Bitcoin as possible. Use Bitcoin's performance to attract yield-starved investors. And do it as aggressively as possible. MicroStrategy doesn't have a monopoly on this strategy. Semler Scientific is another company working this strategy. They were up 27.9% yesterday, and they're up another 20% pre-market this morning. Expect more companies to follow. The beauty of this is that every company that does this is working on the same team: Team Bitcoin. Yes they are all competing for finite Bitcoin, but the more competitors there are, the more their holdings collectively increase in value. This creates a massive incentive for more and more companies to join the winning team. Team Bitcoin. MicroStrategy is now the 93rd largest company in the US by market cap simply by following this strategy. As other companies start to shoot up the rankings thanks purely to their Bitcoin strategy, it will become clear that the only winning strategy is to join them. This is the harsh reality. Operate on the superior monetary standard or lose. It's your choice. And the sooner you make the right choice, the faster you prosper. This is true for corporations, individuals, countries, and anyone else with capital they need to protect. This is the revolution. When this idea reaches its tipping point and becomes broadly understood, Bitcoin will dramatically reprice to its true value as the only credibly finite bearer asset in the world. Millions per coin is coming. No one knows when. But MicroStrategy is now accelerating the timeline in a way that no one predicted. The wave of fiat capital that still needs to squeeze into the small portion of coins that are available for sale will result in a show unlike anything we've seen in financial markets. If you're holding Bitcoin, it's never been more important to understand what you own.
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The five stages of a No-Coiner: 1. Denial (most people are here) 2. Anger (Elizabeth Warren) 3. Bargaining (Shitcoiners) 4. Depression (Rekt shitcoiners) 5. Acceptance
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