In the past year I have used Bitcoin to buy a steak dinner, wine, coffee, Steak n’ Shake, Pecan Butter, Pizza, electrolytes and probably a couple of things I can’t remember. We are winning! @Yough! @Satoshi Coffee Co. @Oshi @npub17fpv...8dj3 @Ben Justman🍷

Bought the top in 2021 and I’ll ride to 0. But this sucks. Feels like the blow off tops are done.

Everyone can zap 1 sat

First in foremost, stack sats. That’s a given. Also, none of this is financial advise. Just my thoughts that I can put on a decentralized protocol. ~~~~ I keep going back to this BTCTC thing. I don’t know what happens to all the smaller ones, I’m strictly focusing on MSTR. The stock market is always forward looking and the only way MSTR is overvalued/valued accurately is if Bitcoin doesn’t do what we all think it’s gonna do OR they don’t actually hold the Bitcoin. If Bitcoin succeeds and they actually have it, this gives them so much optionality in the future and they will certainly have the biggest treasury out of any company, including Berkshire Hathaway. I know Berkshire has their mitts in a lot of different companies AND has a large treasury but Strategy will have the option to do this once Bitcoin monetizes. (These following numbers are from Grok so I’m sorry if they are inaccurate) Berkshires current mNAV to their treasury is 3.11 which is currently at historic lows. Between 2001-2008 it’s mNAV was between 3-5x. And from 2016-2024 it ranged between 10-22x. Strategy’s mNAV is under 1.5x right now. IMO, one of these companies, if not both, are mispriced.

A couple of thoughts on the bitcoin credit market (MSTR): 1. The preferreds are holding up as they should in a downturn. 2. If Saylor is looking to get credit ratings for the preferreds, is this actually good signal to the credit rating agencies? 3. Saylor has mentioned closing out the convertible bonds. Is there a benefit to Saylor, Strategy, Common stock holders, and/or preferreds if they close out the convertible bonds closer to 1x mNAV? About to chat with AI about this, but please repost this if you see it. Would love to get some thoughts from people on this. @HODL @walker @Lyn Alden @MartyBent

Okay, I think it’s happening soon. Just got a text from a friend that told me his friend that DOES a lot of Bitcoin has sold all of his coins and will be buying back lower.

Was at a large winery dinner last night and I opened bitchat. 0 users. Early….

Price today feels like David Bailey is buying Ethereum so he can buy wrapped btc 😂😂😂

118!

Yo! Bitchat is a game changer. It’s not about communicating in a crisis. This mesh network is easily scalable. I can see a future where you can pay via cashu over bitchat everywhere. Just like using cash back in the day. Excited to see how this develops over the coming years. @jack @calle

I get very skeptical of MSTR but after having a convo with Tradfi dudes….makes me bullish on it. At least in the near future. I don’t think they have any clue what’s going on. Early.

Bitcoin -> Zap -> Dinner

We’re playing for all the marbles

NBA Finals

It seems so obvious. #btc

A bitcoiner is on the cover of Madden

America will win because of bitcoin. Americans own the most bitcoin. We own the most bitcoin because despite all the problems we have, we still have the best access to information. This allows us to have the most educated free thinkers. It doesn’t matter how much bitcoin the gov’t holds. It’s always been ‘We The People’. Be proud of yourselves for being here. (And when I say Americans, I refer to any person who values freedom, we are all on the same team)

S&P about to be the new altcoin market lol Let’s start a new bitcoin dominance chart. Bitcoin vs the entire US stock market. We all know it will trend towards 0 in the long run.

Can’t wait for GameStop to start selling personal home miners and nodes.

Kind of just hit me like a ton of bricks that every company will just be its own bank. GameStop doesn’t need a bank or a payment processor and neither does any other company moving forward. This makes doing business with consumers much easier and will be obvious in 5+ years.