A MAJOR NO-COINER COMPLIANT TODAY 🧵

One of the most frequently stated complaints I receive from #bitcoin pundits is that it has not gained anything since 2021. That's a full three years (see arrows).

#BTC HAS A 4-YEAR CYCLE

Of course, what these pundits fail to realize or point out is that #btc operates on a four year cycle, not a three year cycle. So, leaving out the year of 2020 is not at all correct. Over its four year period, #btc has more than 21 X'ed its cycle low. No asset class on Earth has done that.

THAT'S NOT GOOD ENOUGH FOR THEM

Whenever I mention this four year cycle to them, it's not enough for them. They still want me to address how it makes sense to hold an asset that has made little to no progress over a three year period. So I address this in two ways:

1) WE DCA EINSTEIN 

Don't assume bitcoiners just buy the top and don't ever buy AGAIN. This is childish. We are mostly trained to dollar-cost-average into #btc monthly, bi-weekly, weekly and some like me even buy daily. We DCA'ers are richer today at $66k then we were at $66k in 2021, and by orders of magnitude. #Bitcoin is our savings account, which we grow over time, not our one-time casino bet. 

2) YOU'RE THE REAL LOSER

Don't assume by staying out of #bitcoin during this time that you are better off. By not having bitcoin, you've become an even bigger loser. Since 2020, the U. S. dollar has lost 25% of its purchasing power, and that's using the phony numbers reported by our agencies. See image 2. It's really a lot more. This means that you've gotten poorer over this time holding dollars and everything you work for today requires 25% more time, effort, energy and resources than it did back in 2020. Your entire life costs 25% more, while the entire lives of bitcoiners have gotten cheaper. At worst, bitcoiners have lost nothing.

THEY STILL WON'T UNDERSTAND

Most people don't really understand money enough to get this, despite the fact that they are trained like monkeys to work their entire lives for this failing money.

The next time some dim-witted bozo tells you #btc hasn't moved in three years, do two things: send them this post and then tell them, "just wait until the end of next year, 2025."

#stackharder
#bitcoin #BTC