I am not working for a company anymore, I changed to full-time trader. I trade options on a live account for a bit of income and gamble fake money on a demo account as a day trader, just for fun. Options are way too boring. I need something else to do. Also play a lot with my Xbox.
HFSP does not mean what you think it means, it's not being poor in fiat terms, but poor in bitcoin terms, what we consider the best money Udi (OG-bitcoiner-now-hated-shitcoiner) first used it in Sept of 2020, which everyone (*coiners or not) knew was in jest, since bitcoin price was only $10k, expensive, but laughable for any millionaire to consider a serious asset... as the price of bitcoin went higher, the meaning converged with the fiat connotation I sent you the link of the bitcoiners social media engagement playbook, but I do not think you read it, you can skim through it below and by the way, I was poor I did not consider the term to be an insult, had many other difficulties had to worry about ------------------------------------- To investors, There has been a lot of discussion recently about the bitcoin community’s communication tactics. Insiders believe that bitcoiners are some of the most educated minds on finance, technology, and innovation. They literally can’t believe that so much information is available for free to be consumed by anyone on the internet. Outsiders see something very different. They see a group of people who appear to be religious zealots that only know how to communicate via memes, laser eyes, and aggressive tweeting. Here is the funny thing — both are correct. The bitcoin community is filled with people who have dedicated years to understanding the intersection of multiple disciplines, including economics, finance, technology, cryptography, geopolitics, game theory, and many more. Not only have they acquired the knowledge, but they have had those ideas tested in the intellectual arenas of Twitter, Reddit, Telegram, etc. Simply, bitcoiners have done their homework and they come prepared. But bitcoiners also have a very unique way of communicating with people. While there are podcasts and email newsletters, much of the information is actually shared through internet culture. Where else will you find someone telling a billionaire to “have fun staying poor!” or someone telling a legend of Wall Street “Ok, boomer!” To the outsider, this appears to be disrespectful, non-constructive, and a misstep for a group of people who are hoping to gain widespread adoption. These outsiders are put off by the bitcoiner antics at times, while believing the community will be the single point of failure in other situations. The outsiders don’t understand the genius of the bitcoin community though. Bitcoin, and by proxy the bitcoin community, is competing with the most respected establishments in our society. Whether we are talking about the Federal Reserve, the Treasury, the US government, or large financial institutions, these organizations pride themselves on being the elite. They wear their suits and ties with an air of arrogance that is only acquired after an education at an Ivy League school and enough cocktail parties to fill a lifetime. So why would bitcoin try to out class the elites? Well, it shouldn’t. Just as an insurgency increases the odds of prevailing on a combat battlefield by employing non-traditional tactics, the bitcoin community has chosen to play a game that the elite can’t participate in. Bitcoiners are conducting an information insurgency. They are quite literally controlling the public narrative through an overwhelming amount of content that has no reliance on traditional distribution methods. Up until recently, the only time that journalists or television shows wanted to speak with bitcoiners was to ridicule, mock, and attack them. The bitcoin community ignored those short term challenges and instead built a direct relationship with the mass population. Twitter. Reddit. Telegram. Podcasts. Instagram. Facebook. Email. You can’t exist on the internet for 24 hours without coming in contact with content that is created by this community. So why are things like laser eyes so important? Easy — the memes are the message. You are watching information warfare conducted in a way that can’t be responded to by the elite and the establishment. What is the Federal Reserve going to do? Start firing off memes, gifs, and ALL CAPS BULLISH USD TWEETS?? No chance. The incumbents, from the government to the Fed to the banks, can only sit by passively and get bombarded day in and day out with the content. If they choose to acknowledge it and respond, they will only legitimize bitcoin and the surrounding community. If they continue to ignore it, bitcoiners will control the public narrative and continue recruiting more and more people to see their world view. This is fascinating to watch because this information insurgency will likely be analyzed in retrospect as one of the most important psychological operations in human history. Millions of strangers on the internet are coordinating to meme a financial asset into retail investors’ portfolios, corporate balance sheets, financial institutions’ product roadmaps, and eventually central bank reserves. Wait, what? Yes, read that again. The bitcoin community is using internet culture and speaking the language of digital natives to gain traction against the stuffy elites. Half the people running these establishments don’t know what a meme is, let alone have a coherent response on how to deal with what is happening. In fact, many of the older folks in the bitcoin community are against these tactics as well. They constantly tell bitcoiners that they will have to wear suits and ties to meetings. They explain that bitcoin won’t be accepted until the laser eyes and memes go away. The alleged toxicity is seen as a bug, not a feature. But regardless of what insiders or outsiders say, bitcoin continues to gain traction through the information insurgency. This is because ultimately institutions, regardless of how elite or traditional they are, will always be made up of humans. Those humans are susceptible to human psychology. Everyone wants to be accepted by the cool kids. They want to have fun. It pains them to see young people running laps around them, while their bosses are telling them to remain calm and stay above it all. That isn’t how the internet works. The young people inside these organizations and establishments know that. Go talk to the interns and entry level positions at Goldman Sachs, JP Morgan, the Federal Reserve, or any political office. They’ll all tell you the same thing when the door closes — they’re bitcoiners and they have a pseudonymous account on Twitter. They’ll explain how they are trying to get their bosses or older colleagues to see the future. To see the bitcoin way. So what the institutions don’t understand is that the bitcoin community has already won. Bitcoiners have infiltrated their ranks. They are the trojan horse. Each bitcoiner is rising in the ranks. They’re gaining power and influence. The institution may not know it, but there are wolves in the hen house and the institutions let them in! We have bitcoiners who have infiltrated the Senate. We have bitcoiners who have infiltrated Congress. We have bitcoiners everywhere. Regardless of their role, they are participants in the information insurgency. For example, we have Senators and Congressmen who have laser eyes on their Twitter profile pictures. We have people reading the terminology “shitcoin” into the Congressional record. Have fun staying poor. Drop gold, buy bitcoin. Pay me in bitcoin. No keys, no cheese. Long Bitcoin, Short the Bankers. The virus is spreading. Each meme carries a psychological impact that continues to recruit new bitcoiners. The establishment can’t respond. They can only complain, which makes them look even more archaic and out of touch. Who cares what they say, right? If they step out of line and take an anti-bitcoin stance, there are millions of bitcoiners there ready to pounce with a barrage of information, examples, memes, and gifs. Frankly, it is unfair. No one should be asked to fight against this insurgency. Bitcoiners are too powerful. They don’t rely on gatekeepers. They don’t need the media’s permission to speak. Bitcoiners control the narrative. Bitcoiners have bigger audiences. Bitcoiners grow bigger, stronger, and more decentralized every day. You can’t kill an idea, especially one who’s time has come. The information insurgency is upon us and the legacy institutions, and their leadership, are outmatched on the battlefield. Good luck to them. They’re going to need every ounce of it as they continue to be beaten down by the intellectually and creatively superior challengers. Nobody has more fun than bitcoiners on the internet. I’m just proud to be a small part of this amazing community. Hope each of you has a great weekend. Talk to you on Monday. -Pomp https://pomp.substack.com/p/bitcoins-information-insurgency Congrats! Happy for you to be doing something you enjoy. Good luck in your trading
contains the HFSP reference, I put in bold, for some reason it strikes a nerve, Frederick and Angry Trader (no longer posting) and another poster
Dear coiner, any of your coins have value in fiat. Value in Bitcoin does not mean anything, every person in the world when they are going to do a transaction, to know the fair value of their coins, they need to change it to the currency they understand, the official currency of their country. The fiat value. Anything else that you want to add is just part of your cult. It doesn't mean anything outside the cult.
Yes, of course, bitcoin is the best global monetary asset in the history of the world as we have been telling you for many years Should I feel bad that it is going up in price against your Spanish currency, or Euro, or GBP, or Japanese Yen? You should have listened to us, as SF already posted, we did not lead you astray, you did that to yourself You will feel bad as bitcoin continues to go up to $1M and higher, sorry for your future pain
The Spanish currency is the Euro, if you want to patronize people you have to educate yourself first. You assume that if we don't buy shit coins we can't make money doing something else, that is a common flaw from Bitcoiners. We don't buy Bitcoins because we don't have to. There are too many financial products out there that are way easier to trade and are not that manipulated. I don't feel bad because your coins rise in value, in fiat value, I don't feel anything. The very same way I don't feel anything because Facebook stocks are now way more expensive than 10 years ago. I never bought Facebook stocks so I am not attached to it. But that might be too difficult to understand for people that are inside a cult and only hear about what their leaders might say. They think there is nothing else outside the cult.
Thanks for educating me you are a part of the Eur currency, one that has gone down in value against the USD Bitcoin is the best store of value global monetary asset You are disingenuous if you say that you do not feel bad that bitcoin is going up in value, it is the reason you keep finding yourself posting on this forum, which otherwise would mean nothing to you I do not post on the NVDA thread, nor in Meta threads, even as their prices have skyrocketed, happy for their investors, though You feel horrible and terrified that your wealth, your investments, have been decimated measured in bitcoin Your house may have been worth 100 bitcoin 5 years ago, now worth 7 Bitcoin today Your net worth may have been worth 1000 bitcoin 10 years ago, today your net worth is less than 10 bitcoin but I have news for you.... your whole value will continue to get decimated measured in Bitcoin, and you will feel more pain in years to come I'm sorry, bitcoin's success is your hurdle rate that you cannot outpace
Ok, thank you for the warning. I will live from now on in fear. I posted this morning on this thread because I am bored, that's it. You have to account that NVIDIA holders never were a pain in the ass, they never called the rest of us losers and said sentences like "have fun staying poor" or "we lead you astray". We post to poke you guys because you are part of a cult, and it is fun to undermine the cult. It is a lot of fun.