Ladies and gentlemen, price controls. 👏🏻 👏🏻 👏🏻

CNBC

Trump administration will set price floors across range of industries to combat China, Bessent says

China has driven foreign competitors out of business over the past two decades by using its market dominance to slash prices, Treasury Secretary Sc...

I’m not very smart but I’ve managed to eke out some modest success despite that. Simple rules have been the key. My career is selling commodities. The entire job can be summed up in four words: buy low, sell high. I can remember that. My favorite rule that has led to my biggest successes is also four words: stay humble, stack sats. (Thanks @ODELL ) Not all my rules are four words. Two of my favorites are: Do the right thing, especially when it’s hard. and… Don’t lie.

Ugh, I haven’t been this poor since the Tuesday before last.

China appears to have concluded that their moment is now. Maximum leverage before Trumps investments in MP Minerals (rare earths) and other raw material/defense tech businesses shake us loose of supply chain dependencies. These things always seem to happen on friday afternoon before a long weekend for banks. I expect Bitcoin to be hammered down this weekend as everyone searches for liquidity. I will be buying the whole way down. If there is going to be war with China, I want to own globally liquid freedom money. If there is going to be peace, I still want to own globally liquid freedom money. These are the moments you prove how much you believe your thesis. The only thing introducing uncertainty into my view is the Core v30 launch today. I can’t get a read on the market response with all the noise from the Trump announcement.

Yes Larry Fink😵‍💫. Tariffs are scary. 😵‍💫 give me all your Bitcoin. 😵‍💫 Sell it to me Larry. 😵‍💫 Sell it cheap like you sold your soul. 😵‍💫

It turns out it’s hard to sell a book by only promoting it on Nostr. If you have ideas to help me get the word out, I’d love to get this out into the world. This is a story for Bitcoiner’s to read to their kids to gently introduce the values of hard work and hard money. The e-book and a video of me reading it are free and the hardcover is available for sats at www.satoshigeneral.com.

Someone from the county just knocked on my door. Asked if I’m the homeowner. I said yes. Asked how many beds and baths in the house. I asked why. He said that is how they keep the county records current. I said I will not help them increase my taxes and explained I won’t be answering any more questions. He is standing in the street taking pictures of my house and writing notes. So that went well.

Stayed in a hotel last night. Woke up with a bandaid on my back that wasn’t mine. 🤢