el

Luke Broyles

N/A

#Bitcoin will save your energy. #Truth will save your culture. #Jesus will save your soul. 🧡

704 Following

1.8k Followers

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Videos

Luke Broyles

Oct 18, 2023

In 2024 there will be 5.6 Satoshis issued per human per day. (Barely 2,000 sats per human per year.)

You can buy 3,000 sats today for under $1 USD.

Getting off zero and securing #Bitcoin properly now could make all the difference for someone in the right time horizon.

If you’re here on NOSTR, congrats. 🫡

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Luke Broyles

Aug 22, 2023

Appreciate the plebs out there (I know this is where you live).

So many of you are so helpful and encouraging.

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Luke Broyles

Jul 28, 2023

The S&P 500.

We are at:
2021 highs
2020 pre-Covid crash highs
2008 pre-financial crisis highs
2001 mid-dot com crash

Will we rally double digits to finally take on the 2000 dot com bubble?

Or is it too top-heavy and going to fall again?

Correct your USD denominator.🧡
el

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Luke Broyles

Jun 5, 2023

-KamalaHarris put in charge of AI.

-Binance facepalms itself with unregistered stupidity and SEC drops 13 charges.

-JP Morgan says #Bitcoin halving is bullish despite Dimon calling it a "fraud" before.

-El Salvador secures 241 MW volcano mining operation.

-Jack Dorsey thinks RFKJ will win:

WHAT a day... 🤣🧐🧡

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Luke Broyles

May 30, 2023

Hope not

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Luke Broyles

May 29, 2023

Some days I have a whole bunch of energy to produce Bitcoin content and help orange pill folks. Building better future best we can…

Some days I do not have that energy.

I’m tired. Will try again tomorrow.

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Luke Broyles

May 27, 2023

#Bitcoin is monetary hope for the future.

Makes me so happy.

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Luke Broyles

May 15, 2023

Just realized…

I had extended zoom calls and/or chats with three different people on three different continents today working on projects or brainstorming ideas to work on together.

Wow.

Humbled and amazed how small the modern world is… 🌎

“Less in common with the future than the past.”

Yes - they are all Bitcoin projects. 😊🧡

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Luke Broyles

Apr 25, 2023

Over the next 10-30 years, everyone will become a USD millionaire.

However, to be a Satoshi millionaire will become increasingly difficult.

The term “they’re a millionaire” will increasingly imply sats not cents.

You can buy 1 million sats for $275 today.

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Luke Broyles

Apr 24, 2023

Yesterday a friend of asked unprovoked "how are your #Bitcoin stocks going" and chuckled that it is below all time high.

Today a janitor from my former school asked me about money/etc unprovoked and gave it thought.

Former is 1/3rd the age of the latter.

Age is just a number.

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Luke Broyles

Apr 24, 2023

I’m not so sure.

Hyperbolic S curve seems to fit previous forms of technology.

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Luke Broyles

Apr 24, 2023

Wealth is not in the currency. It is the exchange for what that currency can acquire in present and future.

Sats are superior in the future.
USD is superior in the present.

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Luke Broyles

Apr 24, 2023

Am I right or wrong?

MOST humans -by mathematical inevitability- COULD NOT own more then 100,000 sats even if they tried.

Spoiler alert: most aren’t trying.

Additionally, between lost coins and higher populations I think that number is possibly under 30,000 sats.

So yes… 1,000,000 sats is a lot.

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Luke Broyles

Apr 21, 2023

Feeling motivated today.

Make the world orange.

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Luke Broyles

Apr 19, 2023

0.0

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Luke Broyles

Apr 18, 2023

My last day in Boston tomorrow if anyone wants to meet up.

Has been great to hang out with Bitcoin’ers and learn about the historic places here.

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Luke Broyles

Apr 12, 2023

The price is always set at the margins.

#Bitcoin is designed to have exponentially tighter margins of supply forever.

Even if demand is flat, exponential price discovery is inevitable.

Now imagine demand going up 300x…

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Luke Broyles

Apr 11, 2023

Reminder that the number one perpetuator of racist flames in the 19th and 20th centuries was the state for the purpose of increasing their voter base via division and controversy.

The state fanning flames of racist rhetoric now to get fanatic supports isn’t surprising at all.

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Luke Broyles

Apr 10, 2023

I think the probability we are in the final sub-$30,000 window ever for #Bitcoin is very high.

I think the probability the time that remains is only mere days/weeks is also very high.

We've been here for months, and it's closing in.

Did you buy sub-$20k?...
Sub-$30k?...

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Luke Broyles

Apr 6, 2023

The fastest way to make money with fiat money is to get as close to the money printer. Ideally through lobbyists, bankers, politicians, or apply for bailouts.

The fastest way to make money with #Bitcoin is provide value to other people as fast as possible.

Big difference

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Luke Broyles

Apr 1, 2023

#Bitcoin has no intrinsic value therefore its price should be negative and everyone that uses it is a terrorist drug addict trying to kill the planet.

Furthermore nobody uses it (but it doesn’t scale) and lightning is a failure, China banned it, and banks hate it.

Checkmate.🤓

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Luke Broyles

Mar 31, 2023

Yes… yet within this small group there are a lot of very intelligent people, I’d argue higher ratio than outside the group

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Luke Broyles

Mar 31, 2023

Education and information reduces fear and uncertainty...

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Luke Broyles

Mar 31, 2023

Yes IMO

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Luke Broyles

Mar 31, 2023

Let’s say #Bitcoin crashes to $100.

That’s a market cap of $2.1 billion.

A few dozen high net worth psychopath holders would buy up almost all of them (just in case) and USD price would be back up to today’s levels in no time.

The farther it falls, the faster supply is gone.

This really puts it in perspective

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Luke Broyles

Mar 28, 2023

“What good is it for a man if he gains all of the #Bitcoin in the world but in the process loses his soul?”

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Luke Broyles

Mar 27, 2023

Saylor just bought another 1/3,200 of all the #Bitcoin ever to exist.

For comparison that’s:
2.5 million people
20,300 millionaires
plus at least one billionaire

Just like that.

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Luke Broyles

Mar 24, 2023

Let’s say you’re retiring now, 65 years old.

Let’s assume you live to 95 / 2053 (assuming medical advances next 20-30 yrs).

Also assume #Bitcoin continues its adoption CAGR and reaches mass adoption by 2039 or early 2040s.

“I’m too old to learn about #BTC isn’t an excuse. 🤷‍♂️

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Luke Broyles

Mar 23, 2023

There is a non-zero chance I am a complete idiot, and have progressively become dumber the more I have learned about #Bitcoin .

You should account for this, I have.

However, the more I talk to smart #Bitcoin ’ers like you all the lower odds I think this is.

Either we are all crazy, or none of us are.

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Luke Broyles

Mar 21, 2023

Best term I can think of

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Luke Broyles

Mar 21, 2023

About done with my next thread

Should I post it here first?

How do I link to other content or media here, haven’t done that successfully yet.

I hope this one will be zap-worthy! 😂

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Luke Broyles

Mar 21, 2023

Trying to spend more time on here…

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Luke Broyles

Mar 21, 2023

Working on my text twitter thread…

Putting a lot of work into this one

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Luke Broyles

Mar 20, 2023

#Bitcoin is the best performing asset so far into 2023.

Everyone knows we are entering a risk off period. Everyone.

It’s almost as if the #Bitcoin might be right… However most won’t allocate even 5% of their bonds to #BTC because of emotions.

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Luke Broyles

Mar 19, 2023

Yes that’s what I’m trying to figure out…

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Luke Broyles

Mar 19, 2023

Preaching to the choir, I know… 🙁🤣

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Luke Broyles

Mar 19, 2023

As the influence of political energy declines, the necessity for further control and power increases.

This is coming, it is inevitable.

The world will bifurcate towards increasingly communist CBDC and increasingly apolitical #Bitcoin .

Choose now or face increasing challenges.

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Luke Broyles

Mar 19, 2023

2023 so far, summarized:

The rating agencies were wrong
Powell/Yellen were wrong
Biden was wrong
Trump was wrong
Bankers were wrong
Bitcoiners, thus far, have been the least wrong

✅Bank runs
✅Stimulus injected
✅QT ending
✅“Default or print”
✅#Bitcoin up (over 60%)

Brutal.

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Luke Broyles

Mar 18, 2023

Jerome Powell testified before Congress that the banking system was stable and that the economy could continue to handle higher rate hikes.

48 hours later the second largest bank failure in US history was underway.

Either he was lying, or he genuinely didn’t know. 🚩

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Luke Broyles

Mar 17, 2023

Federal Reserve over the last 7 days expanded their balance sheet by $300 billion.

That is 11,500,000 #Bitcoin .

There are only 2 million #BTC left.

What happens when EVERY central bank prints EVERY week to purchase #BTC that EVER-shrinking number?

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Luke Broyles

Mar 16, 2023

I believe #Bitcoin will take less than 30 years to be mass adopted, purely by adoption data of the internet vs BTC.

We are in year 14.

Probably have 10-20 years left.

Most retirees will live to see hyperbitcoinization.

30 year olds will only be 40-50.

Very different world.

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Luke Broyles

Mar 16, 2023

If we have banking crisis during Biden’s term, he isn’t getting re-elected.

Ukraine, inflation, and social issues aside… banking crisis higher voting priority.

People wouldn’t realize this is not Biden’s fault, but that’s irrelevant.

Biden will keep begging J Powell to stop.

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Luke Broyles

Mar 15, 2023

Time to accumulate.

There are billions in the developing world that need to hear the message of #BTC before JP Morgan and Janet Yellen understand it.

Press on.

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Luke Broyles

Mar 15, 2023

If number of #Bitcoin users triple, the network could become 10x more valuable because of network effects.

If adopters increases 10x perhaps it becomes 500x more valuable.

#Bitcoin could have 2% adoption and be trading at $3,000,000 in 2023 dollars.

Metcalfe’s Law is brutal.

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Luke Broyles

Mar 15, 2023

I really started paying attention to #Bitcoin in 2020, when I realized the dollar was declining faster than I thought it was.

I was shocked El Salvador's adoption was as soon as it was.

I am, again, shocked at how quick these bank failures and reversion back to QE has been.

Strange world… picking up speed.

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Luke Broyles

Mar 12, 2023

Shoot. I guess my post was TOO good.

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Luke Broyles

Mar 12, 2023

If someone says either of these things to me, I immediately loose all my respect of their financial advice:

1)“#Bitcoin is a scam” and can’t tell me difference between miners vs nodes or POW vs POS.

2) “Banks are safe” and can’t elaborate on fractional reserve deposits.

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Luke Broyles

Mar 12, 2023

I want to make this clear.

I’m much less worried about banks failing or deflation.

I’m worried about the reaction to the banks failing.

We have no idea how bad failures will be and therefore no idea how much stimulus they will require.

Printer incoming. #Bitcoin

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Luke Broyles

Mar 11, 2023

Wait a second.

A top 20 US bank that was AAA rated last week went bust within 48 hours because they were heavily invested in bonds with a “risk free” yield?

🚩

It’s as if everyone assumed others were doing due diligence, when nobody actually did.

Don’t trust, verify. #Bitcoin

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Luke Broyles

Mar 11, 2023

Will take a long time

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Luke Broyles

Mar 11, 2023

21 sats is a lot of money.

That is 1/100 trillionth of the entire network.

If we have the assumption most folks will own 100,000 sats or less:

21 sats is 1/4,500th of one’s stack.

Perhaps multiple days worth of income.

You can buy perhaps dozens of days of income for $1.

Let’s see if anyone zaps this post in light of this perspective, haha. 🤣

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Luke Broyles

Mar 11, 2023

Yes, but I don’t think this bank going down is the catalyst

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Luke Broyles

Mar 11, 2023

"#Bitcoin is worthless because you can't use it at Chuck E Cheese... Chuck E Cheese tokens have more intrinsic value than Bitcoin."

What is wrong with Twitter folks?…

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Luke Broyles

Mar 11, 2023

Banking stocks tanking like meme stocks.

Crypto banks and fiat banks… these losses are immense.

40% to 60% in a single day.

Already rumors for bailouts and bank runs…

Amazing how 24 hours changes everything.

“Risk happens fast.”

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Luke Broyles

Mar 11, 2023

#Bitcoin may be volatile in USD right now…

But notice how there isn’t even a RUMOR of a bank run, bailout, or insolvency in #BTC .

Bitcoin is a bank without bankers that is designed to never need a bailout, yield, or a reset.

Many are scared right now, I am grateful for this.

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Luke Broyles

Mar 10, 2023

People who predicted #Bitcoin

Tesla, 1900
Ford, 1921
Fuller, 1967 Hellman & Diffie, 1976 Merkle, 1980 Chaum, 1983
Hayek, 1984
May, 1988 Zimmerman, 1991 Hughes & Gilmore, 1992
Stephenson, 1995
Back, 1997 @adam3us
Davidson, 1998
Rees-Mogg, 1998
Szabo, 1997 @NickSzabo4 Keiser, 1999
Friedman, 1999 Cohen, 2001 2004, Finney @halfin

Who am I missing?

Future thread… any insight or additional names appreciated

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Luke Broyles

Mar 9, 2023

Yeah, I know.

Nostr is my safe place. 😂

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Luke Broyles

Mar 9, 2023

No I think the value is added over time via work, wasn’t issued at the beginning.

PoW

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Luke Broyles

npub1gu47n

Mar 9, 2023

Luke is brilliant.

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Luke Broyles

Mar 9, 2023

So far on Twitter I’ve been called:

“Sexist, sucker, scammer, grifter, transphobic, retarded, hater, shill, AI bot, fool, naive, ignorant, selfish, etc.”

I’m finding that most people like to engage intellectual disagreement with jargon.

I am also finding Nostr is much more pleasant.

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Luke Broyles

Mar 8, 2023

Bitcoin is beautiful. 🧡

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Luke Broyles

Mar 8, 2023

I think it is already unusable for the average person. Think about it, a two dollar fee is unattainable and impractical for well over half the world population.

In the future, I expect transaction fees to only trend up and take a larger portion, and it will only become more unattainable for people.

I think we are in the rare era work individual people actually use the layer one, in the future I think the vast majority will be layer two and only nations and mega corporations use layer one.

Joe’s article is really good however I have not read it recently

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Luke Broyles

Mar 8, 2023

If we figure a $10,000,000 #Bitcoin as a ballpark…

Then today’s $25,000 is $0.0025 on the dollar before inflation.

Point is not the exact number... point is that it's well under 1 cent.

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Luke Broyles

Mar 7, 2023

That is my thought too. Perhaps all those assets are in a bubble, however I have no idea how much because the currency isn’t such a bubble it dwarves everything else.

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Luke Broyles

Mar 7, 2023

Real estate is not in a bubble.
Stocks are not in a bubble.
Gold is not in a bubble.
#Bitcoin is not a bubble.

The currency we price said assets in is the bubble.

When the currency bubble begins to unwind, we misdirect toward asset prices and excuse new stimulus to keep it up.

Do you think this is a reasonable conclusion?

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Luke Broyles

Mar 7, 2023

A flood is coming to the neighborhood.

You're "diversified" in it with multiple houses.

Flood insurance trading at $0.0025 on the dollar.

The only way to buy this insurance, however, is to smash the dam with a hammer.

99% of the town owns zero insurance.

See the problem yet?

#Bitcoin

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Luke Broyles

Mar 7, 2023

All it took for #Bitcoin to trade up to $69,000 USD was a couple million hardcore holders that refused to sell their 90% of supply.

What happens when there are 500 million hardcore holders that refuse to sell the next 9%?

What about the last 4.5 billion over the last 1%?

Food for thought.

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Luke Broyles

Mar 6, 2023

Me

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Luke Broyles

Mar 6, 2023

I didn’t even hear of it until a few weeks ago.

What do you expect the next few months to hold?

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Luke Broyles

Mar 6, 2023

Nostr is interesting.

Has a way to go, but everyone is so nice here and the zaps is such a neat feature. I like it so far

Happy Nostr-ing and happy zapping!

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Luke Broyles

Luke Broyles

Mar 6, 2023

Facts:

There are 155,238 gallons of water on earth per satoshi.

There are 6,985,714 gallons of water in the solar system per satoshi.

There are 698,571,400,000,000 gallons of water in the solar system per #Bitcoin

That's 1.06 billion olympic swimming pools per Bitcoin, or 10.6 pools per satoshi.

Currently, you can buy 0.00000001 gallons of water for one satoshi.

If you like it when I spit facts on Nostr (and not yet Twitter), feel free to spit me some sats. 😉🧡

Looking to dive into the “deep end” of Nostr.

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Luke Broyles

Mar 6, 2023

Governments will own #Bitcoin out of self interest, and mine it (or at least have regulations friendly to mining) out of self interest.

The government's self interest is its goal of survival.

It’s inevitable, in my view, that every government becomes a Bitcoin-acquisition state for the service of their citizens.

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Luke Broyles

Mar 6, 2023

I used to own altcoins.

Now, they are obvious securities. Their best case is still 100x smaller than Bitcoin.

That’s assuming they aren’t all scams…

It’s clear. BTC only for me.

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Luke Broyles

Mar 6, 2023

The entire reason we diversify is because we don’t have thermodynamically sound money.

The entire reason we breed large animals for transport is because we don’t have a mass transit system.

The entire reason we kill whales for oil is because we don’t have mechanical luminosity.

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Luke Broyles

Mar 6, 2023

Client?…

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Luke Broyles

Mar 6, 2023

Just joined!

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Luke Broyles

Mar 6, 2023

thought you’d like this one…

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Luke Broyles

Mar 6, 2023

Hey, friend!
Pastor?…

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Luke Broyles

Mar 6, 2023

Facts:

There are 155,238 gallons of water on earth per satoshi.

There are 6,985,714 gallons of water in the solar system per satoshi.

There are 698,571,400,000,000 gallons of water in the solar system per #Bitcoin

That's 1.06 billion olympic swimming pools per Bitcoin, or 10.6 pools per satoshi.

Currently, you can buy 0.00000001 gallons of water for one satoshi.

If you like it when I spit facts on Nostr (and not yet Twitter), feel free to spit me some sats. 😉🧡

Looking to dive into the “deep end” of Nostr.

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Luke Broyles

Mar 6, 2023

I’m not discouraged! Just exploring and seeing how this works, quite the learning curve.

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Luke Broyles

Mar 6, 2023

People expect low risk to mean low volatility, however bitcoin is low risk and yet it is highly volatile.

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Luke Broyles

Mar 6, 2023

What, what if #Bitcoin is not a symptom of the increasing speculation of an increasingly corrupted ledger?

What if Bitcoin is actually the solution & it’s doing exactly the opposite of what you would expect the world’s lowest risk asset to do?

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Luke Broyles

Mar 5, 2023

Really?

I’d love to talk. Can you DM me? Haven’t used DMs yet

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Luke Broyles

Mar 5, 2023

Markets feel increasingly disconnected from reality because the ledger at which you price those assets in is increasingly detached with reality, math, and the law of conservation of energy.

The problem and disparity isn’t in the asset, it’s the currency.

Wake up.

#Bitcoin

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Luke Broyles

Mar 5, 2023

Thanks Beardy!

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Luke Broyles

npub16h8tl

Mar 5, 2023



For those bullish on

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Luke Broyles

npub15x9sg

Mar 5, 2023

Good to see you young man. #Bitcoin #forthekids Buy for your last name not your first.

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Luke Broyles

Mar 5, 2023

You’re awesome

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Luke Broyles

Mar 5, 2023

Promised I would…

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Luke Broyles

Mar 5, 2023

“Not gov”

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Luke Broyles

Mar 5, 2023

You, my digital friend, are my hero! 😂

My first zap… 🧡

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Luke Broyles

Mar 5, 2023

Trying out Nostr… 😳👀

Message is the same:

#Bitcoin will save your energy.
#Truth will save your culture.
#Jesus will save your soul.

🧡

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