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WhiteRabbit
WhiteRabbit@primal.net
npub1xw80...pukx
#bitcoin
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WhiteRabbit 1 year ago
We knew OCP 2.0 was bad and crippled a lot of industry players but with everyone coming forward i'm really starting to think the last 4-year cycle was substantially cut short. Major industry players completely cock-blocked, bank(s) forced into insolvency, retail adoption stonewalled, a sea of scams and completely unchecked by the SEC. I think we have much more potential to outperform the last cycle if we can significantly reduce/eliminate illegal government interference in the banking of bitcoin companies. tl;dr higher
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WhiteRabbit 1 year ago
PSA: be careful on ladders or stay off them entirely. Second person i know just took a spill and this person broke 8 ribs and is in so much pain they wish they were dead.
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WhiteRabbit 1 year ago
What am i missing about Elon? - Puts BTC on his balance sheet for at least two companies (SpaceX and Tesla) - Pivoted to shitcoin heel / promoter for DOGE - Stripped bitcoin payments off Tesla and promised to re-instate them when bitcoin was deemed sufficiently mined by renewable resources - Doesn't reinstate bitcoin payments on Tesla after meeting arbitrary goal - Constantly doom posts about government fiscal irresponsibility and hyperinflation - Doesn't talk about bitcoin AT ALL anymore What. Happened?
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WhiteRabbit 1 year ago
gm and happy marshall law to everyone in south korea
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WhiteRabbit 1 year ago
Super excited to have received 3 Q's from CoinKite. Lost count of how many ColdCard's i've ordered and of course a BlockClock. There is no second best. Thanks @DETERMINISTIC OPTIMISM 🌞 and the whole team for making the best physical bitcoin products in the industry. image
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WhiteRabbit 1 year ago
Sometimes being so far ahead of the curve is tiring. This time around normies discovering the concept of being de-banked. Would be really cool if we could figure out a way to not only circumvent it but also increase your purchasing power while doing so…. 🤔
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WhiteRabbit 1 year ago
Just finally ordered some Coinkite Q's. Excited to finally get my hands on them.
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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?
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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!
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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.
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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.
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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.