I just saw a Reuters title and the powers that be are attempting to re-name “Bitcoin Treasury Cos” as “Crypto Hoarding Cos”. Makes me wonder about recent speculation that Wall St has indeed been orchestrating this decline specifically to bankrupt Michael Saylor et all and buy their stack at fire-sale discount…

No clue, but is this why LN Markets has seemed far more active recently? Also…all trading is futures, just saying. If we could trade the past we’d all own Gold right now. View quoted note →

I’ve been avoiding TwitX lately. Is Luke Gromen doing victory laps yet?

Bitcoin cycles are a thing of the past, they broke, no argument. And do you think mining halving-protocol matters still? Do you? And do you think your fav OG’s still hold more Bitcoin than you do? Do you? I’m asking a question? Do you think Max Keiser still holds more than, say, 10 Bitcoin still? Or any at all? And if so…why? What would be the reason, really? Do you think Adam Back, Andreas Antonopoulos, yadda yadda et al…any of the original Bitcoiners are still holding more Bitcoin than you? Instead of having upgraded their life in fiat, and dispersed to heirs? Keep in mind that for them, taxes aren’t a thing…so what incentive to hodl instead of trade for real estate, prominence, access via largesse, et al et al et al in El Salvador, Hong Kong, et al et al et al? That’s what I would have done. If I’d been a 1000+ Bitcoiner from pre-KYC days. And incentives will out. So: Cycles are broken. Because Cycles were “Retail”, and Retail is and was Bitcoin’s history, but is now done. Fuck the famous people of Bitcoin anymore, because they have substantially sodl’d and have nothing more to offer. Not to me, imo. Bitcoin is no longer a person thing, so personally, I don’t care about the “people” of Bitcoin. I encourage you to stop listening to them as well. It’s an institutional thing now. Individuals have and are being fleeced by Retail. And that “fleecing” is a long game, because institutions aren’t “people”, and are very, very good at causing long-term suffering, titillation, suffering, titillation, et all until Retail gives it’s fleece up to them. They can do this ad infinitum because they aren’t people, they live their greatest lives on a fiat paycheck, not caring how the markets perform, so long as they don’t personally lose their job. So the situation for Bitcoin right now sucks. And it sucks hard. And it won’t end soon. None of us will get rich and quit our jobs in the next few years. The era for that is over, so get that potential out of your mind. Bitcoin is unique. So very unique that less than 1% of people on this planet understand how important it will be for our lives, and for Human history. It uniquely matters, for so many reasons I won’t go into for the inexperienced, in this post. The only goal now is to make Bitcoin the chief investment for your family, and MOST ESPECIALLY to take it into Self-Custody. Do this, consistently and persistently, and do it with no expectation that you will achieve anything more than a comfortable retirement. We can’t beat Wall Street. We simply don’t have the “fiat” to 10x Bitcoin in a few years like individuals did in the past. We aren’t players now. We are the hodler sheep they need to fleece. So forget getting rich, unless getting rich is a 3x by 2030. And if you think you can shitcoin riches, go fuck yourself and your family, Wall St traders will fleece shitcoins even faster than Bitcoin. We NEED to accept that the bitcoin millionaires were made, and they are not us. Maybe our children will be, and we absolutely should invest for that future since there is no other asset worth investing for our children. But we need to be clear that WE will not be quitting our jobs in the next few years. Even though we’re investing in the best asset that exists. Bitcoiners are legion, and we are humble. That is a powerful, powerful quality of Tribe. It should be embraced and we should expect that it may be the very thing that most changes the World in the next decade or so. The world needs this quality, is yearning for this quality of tribe, and nothing but Bitcoin is offering it. The riches of being a Bitcoiner may truly be the friends we make along the way… Yet the global money-printers want Bitcoin itself, and they never fomo, because they don’t care about fiat-price / market forces. They’ll buy and suppress the price of the most important and constant asset on the planet for as long as they must. For 100’s of years if need be. To take our Bitcoins away from us. Because their petty human lives won’t change one way or the other so long as they’re already rich in fiat. So long as the Fiat tide stays level, they can hodl their breath for a looooong time.

I’m just proposing this: It’s time Men stopped building Bitcoin And Women started “nestiing” Bitcoin. It won’t happen. And that’s our problem. And it’s a huge problem, because Bitcoin isn’t “technology”. It’s a whole different Culture. Which is why we Men are lacking Leadership right now. We need practical, family-oriented voices. Not Wall St, Numbers Go Up bullshit. We need Nesting energy. And we don’t have it. Simple, practical energy.

The reality of Bitcoin is this - and it’s lost on everyone who hasn’t understood Bitcoin yet: Don’t change. Hodlers have always known Time was on their side. So forget the Developers. They’re playing a different game. Always have, in all your softwares.

Via Perplexity AI, a reminder about USDC when it was discovered that it was insolvent. Correct me if I’m wrong, but I remember this as completely wrong. Private crypto/clearance companies were mobilized in the middle of the night. When a stable-trust breaks peg, it’s because they never pegged in the first place __________________________________ “USDC’s main “bailout” when it broke below its peg was effectively provided by the U.S. government, via the decision to protect all uninsured deposits at Silicon Valley Bank (SVB) and Signature Bank, not by a consortium of private crypto firms. [protos](https://protos.com/how-the-us-govt-bailed-out-usdc-stablecoin/) What happened - In March 2023 (not 2021), USDC fell as low as about 0.81–0.87 dollars after Circle disclosed that 3.3 billion dollars of the cash backing USDC was stuck at the failed SVB, roughly 8% of USDC’s reserves at the time. [bloomberg](https://www.bloomberg.com/news/articles/2023-03-11/usd-coin-stablecoin-falls-further-from-peg-on-svb-exposure-risk) - Over the same weekend, regulators (U.S. Treasury, Federal Reserve, FDIC) invoked a “systemic risk” exception and guaranteed that all SVB and Signature depositors, including Circle, would be made whole, even above the normal FDIC insurance cap. [ineteconomics](https://www.ineteconomics.org/perspectives/blog/time-bomb-how-uninsured-stablecoins-and-crypto-derivatives-threaten-financial-and-economic-stability) - Once markets understood Circle’s reserves would be fully recoverable, traders bid USDC back up to around 1 dollar and the peg was restored. [moodys](https://www.moodys.com/web/en/us/insights/data-stories/stablecoins-instability.html) So who “bailed out” USDC? - The decisive support came from: - **U.S. federal authorities** (Treasury, Federal Reserve, FDIC), by guaranteeing uninsured deposits at SVB and Signature. [protos](https://protos.com/how-the-us-govt-bailed-out-usdc-stablecoin/) - Circle itself stated that, if needed, it would use corporate resources to cover any shortfall, but this backstop ultimately wasn’t tested because regulators made all deposits whole. [reddit](https://www.reddit.com/r/Buttcoin/comments/14hddk6/usdc_stablecoin_issuer_circle_had_33_billion_at/) There is no evidence of a named group of private crypto firms stepping in with capital specifically to rescue USDC’s peg in that episode; the critical relief was the U.S. government’s decision to backstop the failed banks’ depositors, which indirectly stabilized USDC.” _____________________________

Hollywood is retarded. They honor and respect every culture on the globe, except 100+million white people in middle America, which they regularly portray with every racist stereotype a foreigner to America might imagine.

Ok, I just wasted more than 10mins on Alby’s new sign-in gymnastics and I’m ready to rage-quit. Has a better zaps wallet for Damus been created yet?

My computer keyboard has literally dozens of shortcuts that no one knows anything about, but that my cat can access at will. Either these shortcuts are irrelevant & pointless or computers have been marketed to the wrong species.

It’s increasingly likely that Fiat money will need to fail significantly before Bitcoin will be accepted in the next tranche of adoption. tl;dr It’s increasingly likely that Fiat money will need to fail significantly before Bitcoin will be accepted in the next tranche of adoption. kthxsry…

At this point, Bitcoin is rudderless. Cycles are broken, dead. Those suppressing Bitcoin are in full control, and will continue for any foreseeable timeframe. Forget hopium, Bitcoin is fully in the sites of the fiat money handlers. It’s out of pleb hands. They’d rather let gold & silver out of the corral than let Bitcoin run free. Bitcoin’s future has been analyzed and taken. There is no $200k in our future… …unless hodlers can be convinced to self-custody. Only self-custody can restore Bitcoin on its path to sovereign money. We teach, we teach, we teach. Because no Nation-State adoption is coming to destroy this strangle-hold Wall St has over Bitcoin.

The supreme disappointment we will experience in our lifetime is how “social media” trained its sites only on itself and OG media The Powerless are forever blinded to those who hold Power over them. There is always a ring in our every nose, yet so few feel it.

Merry Christmas my friends! I hope a spirit of Love & Wonder embraces you and those around you!

The Invisible Boogeyman playbook. They use concepts you can know nothing about against you. Let this sink in: If YOU can know nothing about the fear they feed you, then it likely doesn’t exist. Resist fear you’re being fed by others. Look to those around you to know what is concerning and what needs to be abided. It’s very important to understand that any FEAR invisible to Everyone is a huge Media Asset. Read that sentence again. It’s called many names, Mindwarping, Mindscaping, “Propaganda”, whatever the term is anymore…. It definitely started with Bernais, probably politically started with the “Red Scare”, but it’s been on replay all our lives: Russia/Red Scare, Y2K, Terrorists, Covid, Russia, Antifa….plus all the minor league players: Devil worship, “ICE” the drug, Killer Bees, Murder Hornets… I’ve missed a ton, please feel free to remember your own in comments below! Ultimately, the simple playbook is: If you know nothing about it And you can’t see it coming Therefore you have no way to evaluate your personal safety: THAT is an asset that can and will be used against you. Because it’s INVISIBLE, and ONLY THE MEDIA can INFORM and SAVE YOU. So it’s all just scare-porn. And in financial news scare-porn is on steroids, because scare-porn is MOST effective in financial markets. So nowadays it gets tested there first. So know this: Financial “Professionals” are always the quickest to be duped by propaganda. Let THIS SINK IN. They’re not stupid, by any means - but the ring pulls tightest in their nostrils. And they are castrates in how they react. So don’t trust anyone dependent on a paycheck as an Investment Professional. They are not objective about what is happening, because they are still full castrate to Fiat. Learn, Learn, Learn: Fade the noise, Follow the Signal. Only this has always been the mantra of the moneyed class. Only this ever. And it is not easy, so good luck.

It’s the Soviet Union all over again. “They lied to us, and we believed it” “They lied to us, and we knew they were lying but we believed it” “They lied to us, and we knew they knew we knew they were lying, but we blamed each other” “They lied to us, and we stopped caring so long as We weren’t involved” View quoted note →

shit a few months ago i might have mildly zapped you, but now…dammit DAMMIT i’m mildly zapping you View quoted note →

If you are buying Bitcoin at these monopoly money levels you’ve clearly not been invited to Max Kaiser’s El Salvador Real Estate Extravaganza!

Bitcoin is the paramount market-indicator of information. If it has not been co-opted - and it hasn’t fundamentally - it is telling us something moderately-bad is about to happen. I’m just posting this here because something moderately-bad is about to happen. I think we all feel it, I think it is orchestrated. Regardless. Bitcoin is forecasting it.

The 3-Letter Agencies are running the show. We all know that, right? So we don’t have a Country anymore.