Using traditional metrics and heuristics to navigate these waters will be a futile exercise.
Fiat is being called into question and many global superpowers are retreating to neutral hard assets.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qp8vdskuttgv9exgttpwdek2arn943x2tt0wejhycn0w4nksapdwf5kw6r594hx7ac0yvewf
Marty Bent
marty@primal.net
npub1guh5...6hjy
Founder of TFTC.io, co-host of Rabbit Hole Recap, Managing Partner at Ten31
Notes (20)
Silicon Valley doesn't understand money.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qpxwd5kc6trdahz6anpd3kx27fdv3hk2umwwskh2mnyv4e8xarpdejz6mt0dejhjyxgy2w
It's happening again. Most people just don't realize it.
Speculative. Attack.
Huge props to Square for enabling bitcoin for all of the merchants in their network.
This is the type of "corporate" bitcoin adoption you love to see.
Bitcoin is an asset that can help small businesses in ways that most people cannot even fathom.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qzdwdch2ctjv5kk2mnpvfkx2uedd4jhycmgv9h8guedw3hj6etpwd5kc7fdv93kxatdw4kxzar9943xjarrda5kutt0dckhg6r9d9ez6cnpd3skucm994ekset9w3es5235u3
Will the sprawling subdivisions, cookie cutter multi-family units, soulless libraries, plastic playgrounds, bionic light posts and bland strip malls that litter this country leave our grandchildren with a sense of awe and inspiration?
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qq5wajj6cmpdckkzmrv94jx7ttzv468getjdauyar
Recognizing that debasement is the only way out of the debt problem has just been made "cool" in the eyes of some of the most respected institutions in the world.
A bitcoin standard is inevitable.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qzxw35x2tt8wfjkzapdv3jkyctnv4kk2mn59468yctyv5kkjueddahz6ctwvskky6t5vdhkjm3dd9ej6ur0wd5hg6t0dejkgttzv4sh2arfve6kcmre9c7vjd
We’re going to win.


JP Morgan is referring to bitcoin as "the debasement trade" in reports.
For almost 17-years bitcoin has developed a track record of reliability, certainty and resilience. We have reached the point where it has become impossible to ignore.
You are not bullish enough.
Highest risk, highest reward action America could take right now is taking over Alberta.
Bitcoin has many properties. Its influence on your psyche is its most powerful.
This applies to both individuals and businesses. The world isn't prepared for an economy built by founders who have had their brains re-wired by bitcoin's incentives.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqkky6t5vdhkjm3dw35x2tt8wfjkzar9wd6z6en0w4hxgetjwvkkxmmpvd5z6mm4wskhg6r9wfjs58fjn5
Keir Starmer just pulled a classic move out of the problem-reaction-solution playbook that despotic governments like to use on populaces they'd like to control.
He supported Labour's immigration policy and is now insituting a digital ID to "fix it".
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqj826edw3hj6mtpdejxzar994jxjemfw3skcttfv3ej6en0wgkkzer4d368x28lql3
While everyone is focused on bitcoin treasury companies, stablecoins and real world asset tokenization, bitcoiners are building the future tech stack of the distributed banking system on top of bitcoin.
Exhibit 256:
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qqkvf5hgcm0d9h8xttfwp5x7mn994kk7mt9de6q643pv2
The midjourney prompt for the thumbnail I used for my newsletter tonight did not ask for demons in the background with Gavin Newsome. It simply added them itself. Interesting.
If at first you fail to convince people with good ideas, make it illegal for them to share their own ideas.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qfqwaehxw309a3xjarrda5kumtp0p5k6ctvd9ehguewdahxc6twv5hsq0nrv9kxjen0wfhxjcfdd9ej6ct5w3skx6mfdenj6umsv4jkx6pdvfuj6arj095kueedw3hj6mn9vashgefdwdjkxarfdahz6v3nxquxlele
The California Senate just passed SB-771 Personal rights: liability: social media platforms, which essentially negates Section 230 and will make social media platforms liable for any "hate speech" published on their platforms.
This is not getting much attention, but it would be a terrible precedent to set and would put X, YouTube, Meta, Twitch and other platforms at risk of having to pay millions in fines.
The bill stipulates that only platforms with more than $100,000,000 | 890 BTC in revenue per year would be subjected to this law.
Interestingly, the California lawmakers are attempting to use the feed algorithms as the loophole to get around Section 230 by claiming that "deploying an algorithm that relays content to users may be considered to be an act of the platform independent from the message of the content relayed." (highlighted in red in the third screenshot)
It will be interesting to see how this plays out and whether or not it gets taken to the Supreme Court if and when Gavin Newsome signs it into law, which is the last step. If signed, it will go live on January 1st, 2027.
Funny to see the Center for Countering Digital Hate cited in the bill. They threw nostr:nprofile1qyf8wumn8ghj7cnfw3ehgctrdvhxzursqy28wumn8ghj7cnvv9ehgu3wvcmh5tnc09aqqgy9hk6cwhs38hxfjjvtgarrv3ycsthptgw8s922kp7qvk68xwwkwg05kxcv on a list of "new climate deniers" and lobbied YouTube and other platforms to censor our content in 2023.
If you exhibit hate speech toward the designated groups laid out in the bill, the State of California could charge and fine the social media platform you publish it on. It looks like California is trying to pressure the platforms to censor their users by threatening them with fines.
Complacency is one of the most dangerous things that could infect an individual, team or institution.
Being complacent with bitcoin will prove to be deadly for asset managers and their clients.
It's time to act with moral courage and rock the boat.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qp2d9h8xarfw36hg6t0deskcttfdemx2um5dae8xttwv4jkgttddaexzmpdvdhh2unpvajs9vwv38
A layered stack of interoperable protocols that anchor into the bitcoin protocol is how we get the best use cases and user experiences in the long-run.
Don't sleep on the power of interoperable second layers.
An update of Ark.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qpvvf5hgcm0d9hz6mrp09jhytfj94c8ymm5da3k7mpdv9exkttdv94kjmn894c8ymm8wfjhxuceh4xpr
Red light incandescent bulbs throughout the house is the way to go.


Vietnam just froze 86m bank accounts because account holders didn't comply with new biometrics laws that require a face scan or fingerprint for account verification.
If users don't comply by the 30th they'll lose their money. This is why we bitcoin.
nostr:naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qys8wumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qqwwa5xjcmg94mkz7fdv9hx7msstk2dx