WhiteRabbit's avatar
WhiteRabbit
WhiteRabbit@primal.net
npub1xw80...pukx
#bitcoin
WhiteRabbit's avatar
WhiteRabbit 1 year ago
@jack on a scale of 1-10 how proud are you of another bat-shit insane woke social platform you helped create at Bluesky?
WhiteRabbit's avatar
WhiteRabbit 1 year ago
We shouldn't use bitcoin for a reserve asset. Why would you want something that is instantly auditable, requires no fancy bank vaults or guards, can't be pumped full of tungsten and counterfeited, easily "transported" for almost free, also what's the fun in having a reserve asset with a known supply cap?! Don't we still enjoy a bit of mystery with our monetary reserves? Gold will never be repriced back to it's industrial value. You can't even hold bitcoin in your hand or make it into a necklace so what's that even all about? Who even wants an asset that requires no trusted third parties to use that is absurd! We should stick to gold just like we should have stuck with horses. I'm so glad bitcoin is crashing back to it's fair value of like negative something... Ha-ha got you fucking nerds so much for a store of value bitcoin is only worth $92,000 federal reserve sheckles now!
WhiteRabbit's avatar
WhiteRabbit 1 year ago
Went to Chase to open a new business checking. 0 customers inside the branch. Told me it would take 90 minutes to open the account and I’d have to come back at 3pm. Ninety minutes for a single member LLC checking account when I have all the documentation (EIN, formation documents, operating agreement, etc). This is my third checking account with Chase. I cannot wait for the day where I don’t have to deal with banks. What a cancer on society.
WhiteRabbit's avatar
WhiteRabbit 1 year ago
Well my S19J Pro is dead but I put a Whatsminer M52 in operation. Why heat your warehouse with gas when the miner pays me to provide heat? Thanks to those for the suggestions.
WhiteRabbit's avatar
WhiteRabbit 1 year ago
Seems like bitcoin twitter has had a significant brain-drain. I see lots of people upset Marques Brownlee hasn't "got" bitcoin yet. People like "omg he understands tech why doesn't he get bitcoin?!" It's simple - he doesn't understand money. Reviewing consumer electronics and understanding money have absolutely nothing in common. On a similar note I just got done writing my neighbor a 5 paragraph long email with countless videos to watch and book recommendations to read because he also doesn't understand money. But he's owns a wealth management company. He's bought 50k of $IBIT after literally years of mocking me about bitcoin and even refused to tell his partners he bought it for fear of being mocked. Yet he's asking me questions like isn't this just a bubble, do we know how much bitcoin there will be, how is this going to be currency with such a limited supply... etc STILL EARLY.
WhiteRabbit's avatar
WhiteRabbit 1 year ago
I've never had an A5 Wagyu steak before but told myself i'd celebrate 100k with it . What's the best place to buy from? My goto is always Costco but i'm not sure if that's going to do it justice.
WhiteRabbit's avatar
WhiteRabbit 1 year ago
It's days like this where i wish i could take a shit on my bosses desk and quit. Only problem is i'm the boss and i can't quit. 😭 😂
WhiteRabbit's avatar
WhiteRabbit 1 year ago
gm. start your morning with this tasty timeless meme
WhiteRabbit's avatar
WhiteRabbit 1 year ago
Swan is giving customers ~2 weeks to accept their new terms of service or their previous custodian Fortress will liquidate your bitcoin and mail you a check. What a shitty move.