Y’all stop lurking and start posting, need to scale the dopamine on this network

🎯 View quoted note →

STRC attracting a ton of attention these days. Saylor is a capital markets genius. Truth is it’s actually just short term money vs long term money that together just net nets to Bitcoin on hand for a lot of management fees in between. Everyone sometimes needs cash and other times don’t, and there is money to be made in that arbitrage.

if everyone sells their BTC to MSTR for cash yield, and no one buys BTC, who will will pay the dividend?

🤣🤣🤣

Markets can stay irrational longer than you can stay solvent

people drift and disconnect, and it gets tiring to keep initiating, maybe they want to be left alone, and still, after enough time has passed and you continue to check in, it may just be exactly what was needed

How does the FIC recover money from sovereign nations? They activate the MIC - what happens if your “repoman” is the one in default? You find another one to fund.

Judaism prohibits interest on loans. It is considered "ribbis." Rabbis figured it only applies to dealings between Jews but they don't make excuses about its nature. Interest is usury, and an injustice, even at rates below inflation - suitable only in dealings with gentiles. How can we expect justice in the world when there is no justice in the money? Ribbis in Hebrew is Riba in Arabic. It includes all that is interest on money and increase of the money supply. Today, the Federal Reserve and Central Banks set the interest rate, bringing injustice to all that is money. Muslims will have no peace so long we participate in interest and all its wrappers.

You can allocate your company’s Bitcoin treasury towards growing your business. It doesn’t have to sit as idle capital. It can lower costs, bring cashflows and keep you Bitcoin-exposed without relying on MSTR / STRC.

awami is a cool interchangeable for normie hm?

What if game currencies were built on sound money principles? What does such a virtual world feel like before it's realized in the real world? These musings have led to combining AI + software + game theory + finance skills together over the weekend to build a primitive game that has some some surprising depth.

Frontier Crown

Frontier Crown

A tick-based multiplayer frontier economy with fixed-supply gold, lineage invites, market trading, survival gathering, and Warden boss hunts.

Is it weird that I find Trump's praise Allah funny? why do people getting so twisted about it?

Fascinating perspective yesterday, catching up with an old schoolmate and talking economics, considering his critique that Austrian economics only works in an ideal world with no cartels, monopolies, or any information asymmetry. In other words, you can argue it's better to regulate fractional reserve banking than to ban it - like liquor/weed/drugs/prostitution. You need Keynesian economics and Monetary theory for that. The incentive for usury/riba/ribbis (interest on sound money) is too great. I asked him to consider that bitcoin may not solve usury, but it provides just enough transparency to make fractional reserve banking impossible and that's enough, because there is no market need for banking intermediation when money settles at the speed of information. Bitcoin as a technology resolves this great "idealism" in the work of Hayek and it cannot solve human laziness - we risk going down the path of the Gold Standard if we do not insist on Proof of Reserve and shared-custody for all institutions and self-custody for ourselves.

I thought banks are where you keep your money safe. I was 14 in 2008 when I learned this wasn’t true. Surely that was a fluke and we patched things properly so it would never happen again right? Nope. We didn’t. It’s just a matter of time, and it must necessarily happen again.

Oil money moving to defence spending is drying up liquidity in markets. Private Credit is struggling as the automotive and logistics side took the first hit. Loss-making AI infrastructure debt is next. Public market P/E ratios are going to have a reckoning, but most impacted will be annuities and insurance floats. Wall Street is already selling default swaps like they did in 2008.

Perception is a matter of profit and loss in business. Mass adoption has not hit Bitcoin yet. People know that fiat money doesn't serve that - that battle has been won. They got stuck in Gold though. As Safdar put it, Lemmings lol! The gap between Gold and Bitcoin is just one of incentives. People still trust their institutions and are willing to pay a premium for lower perceived volatility, regulatory clarity, and established rails. Even with regulatory clarity I suspect there will be a lot of resistance to move money onto a Bitcoin Standard. It is a natural inertia to change. So, I'm resolved to do what Isaac Newton did with the Royal Mint in the 1700s - accept both Silver and Gold, but provide a better rate for Gold. At Grynvault, we will let customers choose Gold or Bitcoin as the unit of account, and offer a discount on all fees if they choose Bitcoin.

Told a close friend of mine to stop thinking of bitcoin as an investment, and just sell a cup she doesn’t use on marketplace to actually own something that isn’t part of the system. It’s a symbol and a north start that eventually guides you towards a way of life that has integrity and sovereignty. She finally connected how this is a powerful protest against systemic injustice and a way to exit powerfully.

Yusss I concur and support and feel strongly about this as well, honestly the best thing to happen to me last year and the best continuation and source of inspiration for people to be with and work with View quoted note →

crunchy tiramisu is underrated