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2026-07-27 09:55:34 UTC

DWOLFBTC on Nostr: #bitcoin runs into the us open above 65k around $1000 down since last Sunday Oil is ...

#bitcoin runs into the us open above 65k around $1000 down since last Sunday

Oil is 10% roughly down on false news the USA and Iran are talking…

#Bitcoin …. Excuses range from FOMC this week to CPI to blah blah whatever

Bitcoin was created to not only fix this, but to be detached from its narrative

#Bitcoin made all time highs in high rates and low rates in its past. But that time has passed

What is Bitcoin today? A stock? A Bond? A paper market?

I’m more interested in what I originally bought in Feb 2017 for

Perfect money….
Uncensored transactions…
Limited Mint…
Protect against banking collapse
Protect against printing
Perfect Money x 2…

Maybe all of that possibility is gone now and won’t be seen again, maybe it isn’t

What matters is what Bitcoin is today…. That’s something I can’t answer. I dont recognise this Bitcoin as it stands today, its gone against a lot of things I bought it for

You buy #Bitcoin accepting the downside volatility is the possibility of upsides not attainable in other investments

Now…. You buy Bitcoin for? Exposure to a financial product

I wish many more came from 2017 era…. The finalisation of Bitcoin was something we all wanted. But in contrast to a Bitcoin economy

Energy security
Legal tender
Circulating currency
Peer 2 Peer network
As well as
ETFs
Wall Street
Finance

But sadly it all went wrong be way

El Salvador stopped legal tender, all the tech operations of Bitcoin are abandoned and peer 2 peer has a full Lightning network and custody wallets that all just sit still due to low integration

Quite pathetic really