Nothing really to report
84k #bitcoin still 40k below ATH
Personally when I got into BTC in 2017 I wanted legal tender, green mining, self custody etc
Ok the broader market didn’t want that, they wanted a boring treasury assets… fine whatever … u guys won, so did I it’s still mass adoption somewhere
BUT if Bitcoin is merely a treasury assets…. Then all that matters is fiat price… Bitcoin then has to be the best treasury assets, better than all the others
So far? Nope…. It certainly has not been better since this path has been chosen
But it has to be… because it’s very hard to wind back the clock and want the other things now.
#Btc is a fiat vehicle… that was your choice not mine…. So anyone claiming look at the returns since 2013… is not measuring properly
1: 2013 Bitcoin is a money experiment and continues that path until 2024 when ETFs arrived
2: You need to measure Bitcoin since it’s become a 100% fiat treasury assets… which is about 84k since 2024 and roughly the average ETFs buy at
126k was an abysmal run, considering billions bought
57k still achieved like we are in 2017 and it’s still an experiment
WE ARE NOT EARLY! Everyone has arrived… everyone can buy Bitcoin and majors have a share
So… as a treasury asset, it’s been very lousy so far
Key words… So Far
But treasury assets can’t continue to have a 60% downer when you’re involved in pensions, it also need 200-400% gains from highs as well to counter
Things certainly need to reflect the buying… 998m was bought in a 7 hour period last week and price finished red for the week
🤷♂️
This is your choice… treasury asset. All that’s left is the price hence the name TREASURY
DWOLFBTC / PAGAN WOLF
npub1zn…6hk2l
2026-09-27 02:19:16 UTC
Author Public Key
npub1znvyq8yk3e9m4gn67y5ndh5tnne3apnqzue56w4panamkzlgd8mqq6hk2lSeen on
wss://relay.damus.ioPublished at
2026-09-27 02:19:16 UTCEvent JSON
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"content": "Nothing really to report\n\n84k #bitcoin still 40k below ATH\n\nPersonally when I got into BTC in 2017 I wanted legal tender, green mining, self custody etc\n\nOk the broader market didn’t want that, they wanted a boring treasury assets… fine whatever … u guys won, so did I it’s still mass adoption somewhere \n\nBUT if Bitcoin is merely a treasury assets…. Then all that matters is fiat price… Bitcoin then has to be the best treasury assets, better than all the others \n\nSo far? Nope…. It certainly has not been better since this path has been chosen \n\nBut it has to be… because it’s very hard to wind back the clock and want the other things now.\n\n#Btc is a fiat vehicle… that was your choice not mine…. So anyone claiming look at the returns since 2013… is not measuring properly\n\n1: 2013 Bitcoin is a money experiment and continues that path until 2024 when ETFs arrived\n\n2: You need to measure Bitcoin since it’s become a 100% fiat treasury assets… which is about 84k since 2024 and roughly the average ETFs buy at\n\n126k was an abysmal run, considering billions bought\n\n57k still achieved like we are in 2017 and it’s still an experiment \n\nWE ARE NOT EARLY! Everyone has arrived… everyone can buy Bitcoin and majors have a share\n\nSo… as a treasury asset, it’s been very lousy so far\n\nKey words… So Far\n\nBut treasury assets can’t continue to have a 60% downer when you’re involved in pensions, it also need 200-400% gains from highs as well to counter\n\nThings certainly need to reflect the buying… 998m was bought in a 7 hour period last week and price finished red for the week\n\n🤷♂️ \n\nThis is your choice… treasury asset. All that’s left is the price hence the name TREASURY",
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