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519 sats \ 2 replies \ @glitchedfrens 19 Feb 2023 \ on: Carless cities? What about these are bitcoiners so against? C'mon guys. bitcoin
I've been hearing this topic come up a bunch. Alex Gladstein on twitter I think has discussed this and he seems very anti- any state's move to ban gas cars and go car-less in metro areas.
I think you're correct. A move past $100k in my opinion should bring the analogue of gold and bitcoin's price should naturally converge on whatever the market capitalization of gold is at the time.
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My BTC stack remains untouched as it always has been, so I've branched into more speculative absurdities, and I'm playing this datelined move above $250k by buying leaps option calls for Riot Platforms—the publicly listed miner—with a 2025 expiration date. I anticipate hardware and industrial-grade grid attachments will move too slowly to add significant hashpower in the time window discussed, and miners could conceivably be mining $250k+ coins in the $60k range.
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A thread on my recent sins, apologies:
GENESIS