The economist Hans-Hermann Hoppe explains that once time preference decreases enough to allow for the formation of some savings and capital, or durable consumer goods, the tendency is for time preference to decrease even further, as a “process of civilization” begins.

A genuinely strong currency is a key factor in determining individual time preference.

The streets are deserted, everyone ran away scared of the dip. For me, it’s just another day to stack cheap sats.

We should do what is morally right and not what is logical because our brain will betray us if we follow logic.

Every fiat that goes to the state must be considered as money lost forever. The state gives us nothing, the state only robs us. In recent days, fires have caused the entire mountain range around my village and dozens of other villages to burn. There were no firefighters, no aerial resources, no help from the state. The help of all the local people was crucial, the willpower of each of these individuals ensured that not a single home burned. Scorching heat, walking on burned ground where the heat could be felt rising through our feet. Twelve hours carrying buckets of water up steep stairs, several men pulling hoses full of water, buckets, branches, and shovels were used. All of this without any help from the state, all these tools were bought by each of these people with the money left over after being robbed by the state through taxes and inflation. The state does not want the good of the people, and the people can never count on the state for anything. If we had depended on the state, people would have burned to death and homes would have been lost. Thanks to God and to all the locals, in the end everything turned out as well as it possibly could. Everything is gray around us now, but one day it will all be green again.

About the State: We need to stop treating these people as our friends. We need to stop pretending and lying to ourselves that they can be defeated and turned into powerful allies to advance the values and tools we wish to see in the world. They are not our friends. They will not become allies, sharing a common cause with us. They are our enemies. It is time to stop pretending. These people must be regarded as hostile and treated as such.

Bitcoin will save your money Jesus will save your soul

I love using Bitcoin to pay for things in Madeira 🏝️

getMaxiStandardLunch() 🥩

Things were going well for my portfolio… until Trump crossed paths with Epstein. Who would’ve thought that moment in history would be the reason I ended up flipping burgers again?

Preparing for Easter Sunday

The Final Countdown

Why Buying Bitcoin Directly is Better Than Investing in MicroStrategy (MSTR) MicroStrategy (MSTR) has positioned itself as a Bitcoin proxy investment, accumulating a massive Bitcoin treasury. However, when analyzing the numbers, investing in MSTR is far from the best way to gain Bitcoin exposure. Here’s why: Bitcoin Per Share is Too Low: As of now, MicroStrategy holds approximately 528,185 BTC while having an estimated 245.5 million shares outstanding. This means each MSTR share represents only 0.00215 BTC. Stock Price Does Not Reflect Bitcoin Holdings Accurately: With a Bitcoin price of $83,000 and an MSTR share trading at $291.35, we can calculate that, for the stock price to properly reflect the BTC per share, each share should represent at least 0.00349 BTC. This discrepancy means investors in MSTR are overpaying for indirect Bitcoin exposure. MSTR Needs Over 332,800 More BTC to Justify Its Price: For MSTR shares to fairly reflect their Bitcoin equivalence at the current stock price, MicroStrategy would need to acquire 332,815 additional BTC. This is a nearly impossible feat without massive dilution or debt accumulation. Company Risks and Overhead Costs: Unlike Bitcoin, which is a decentralized asset, MSTR is subject to corporate risks such as management decisions, regulatory changes, and stock dilution. The company has frequently issued new shares to buy Bitcoin, meaning shareholders suffer dilution, further weakening their exposure to BTC. Buying Bitcoin Directly Eliminates Unnecessary Middlemen: Instead of relying on a company to hold Bitcoin for you while assuming corporate risks, buying BTC directly ensures full ownership. There’s no stock volatility, no dilution, and no management risks, just pure Bitcoin exposure. Conclusion: While MicroStrategy may seem like an easy way to gain Bitcoin exposure via traditional markets, the math shows that investing in BTC directly is a far superior strategy. It eliminates unnecessary risks and ensures that you get exactly the amount of Bitcoin you pay for, without overpaying for a corporate structure that introduces dilution and inefficiency.

An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them. The Mexican replied, "only a little while." The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs. The American then asked, “but what do you do with the rest of your time?” The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my friends. I have a full and busy life.” The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.” The Mexican fisherman asked, “But, how long will this all take?” To which the American replied, “15 – 20 years.” "But what then?” Asked the Mexican. The American laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions!” “Millions – then what?” The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your friends.”

Now, with MiCA, exchanges are required to share customer data among themselves whenever there are wallet ins and wallet outs. This data is shared via email. People have lost their right to privacy due to the psyop of terrorism financing, money laundering, and tax evasion. There is always a psyop to take away our rights. The European Union is nothing more than a gang of parasitic socialists.

Running Bitcoin

⏳

Argentina x Brazil is always one of the best matches in the world.