beauty 🐝

#bitcoin + #nostr = 🧘‍♂️

Have a hunch this is an important one by Doomberg. Operation Chokepoint II will test #Bitcoiner conviction once more.

Price Discoveries

If new allegations by the Commodity Futures Trading Commission prove true, the “price” of Bitcoin is whatever Changpeng Zhao says it is.

Oops.

Great episode with David Einhorn. Comes across as thoughtful and humble 👍

Apple Podcasts

Invest Like the Best with Patrick O

Investing Podcast · Updated Weekly · Conversations with the best investors and business leaders in the world. We explore their ideas, methods, an...

Doomberg is consistently one of the highest signal content creators. Here on a great show with Phil Bak explaining the way they built the newsletter. Really great stuff.

Apple Podcasts

The Phil Bak Podcast

Investing Podcast · Updated Biweekly · The Phil Bak Podcast takes you deep into the worlds of economics, investing and entrepreneurship as Phil t...

Relay test

Most weight loss happens through breathing out CO2. So neat. "The general formula for respiration is CH2O (carbohydrates) + O2 → CO2 + H2O + energy." - David Christian, Origin Story

The White House has an important lever with this statement - it’s true for Crypto and they’re lumping #Bitcoin into the narrative. Stay focused.

X (formerly Twitter)

Watcher.Guru (@WatcherGuru) on X

JUST IN: 🇺🇸 White House says #crypto assets do not offer "any fundamental value, nor do they act as an effective alternative to fiat money."

Only one NYC 💜

I thought reserve requirements for banks are at 10pct of deposits. Turns out they’re at 0pct in the US and 2.5pct in Switzerland. Surely I am missing something? Anybody with pointers?

The fact that the SNB is offering a 100bn credit line for a 3bn acquisition should give everyone pause. Massive pause. There’s something lurking in the dark under the surface. Sincerely hope UBS won’t choke on this. 🤞

Have a feeling that the “you just got lucky with Bitcoin” crowd is soon emerging from hibernation.

50 billies later and same old 🤦‍♂️

GPT on money and banks: “Money used to mean something, It was worth a lot, or so we thought. But then the banks began to falter, And our savings soon were all for naught. The government stepped in to help, With bailouts left and right. But all that money printed up, Made our cash worthless overnight. So now we're left with stacks of bills, That can't buy much at all. We might as well use them as kindling, To start a fire in the hall. Oh, money, how you've lost your worth, In the midst of all this fuss. But at least we can still laugh about it, And that's worth more than a few bucks!”

Heard from a well-informed bird that the US is blocking intl transfers out of #SVB. Anybody that can confirm or refute? Would be pretty amazing. Lots of intl companies that use SVB for their US transactions. But then again, we’re in magic wand 🤡 🌎, nothing should be surprising 😂

This show featuring Doomberg is outstanding. Such amazing first principles based thinking. https://podcasts.apple.com/us/podcast/always-be-building/id1542617540

Credit Suisse is rotten to the core. Unfortunately, Switzerland isn’t letting the market do its job - it appears that the damage a collapse would cause to Brand 🇨🇭 is greater than $54bn. Perpetual intensive care, funded by the tax payer, and new batches of executives will come and go to milk the cow. At least they’ve granted a few banking licenses to #Bitcoin banks. #[1] it ain’t Wyoming, but they sure could use a few bankers with integrity!

Amazing that #Bitcoin is still on offer

The US’ number one product is the Armed Forces. Otherwise this chart would not be possible. So many consequences, including the SVB bailout. Most other countries would not have been able to shift the burden to tax payers who will be on the hook for the required money printing.