Good morning. Trump signed an Executive Order yesterday to create a sovereign wealth fund. These are usually implemented to absorb trade surpluses, which the US does not have. The Treasury Secretary stood by his side and said he was going to “monetize the asset side of the US balance sheet”. 🤷‍♂️ 🤡 🌎 https://fiscal.treasury.gov/reports-statements/financial-report/balance-sheets.html

Massive conflict of interest if the dude wins the presidency and this continues View quoted note →

3 sat/vB incoming GM

4 sat/vB incoming. What a time to be alive GM

PSA for all who need to hear it: QUIT SIMPING FOR THE CON MAN 🫡

I earned a challenge coin this week. I hadn’t heard of these before. I’m honored.

My 12yo daughter putting in her Sunday brunch proof of work. Buttermilk biscuits from scratch (with beef tallow), sausage gravy and a fried egg. Perfection. GM

Got some pretty good slaps today! 👀 @bitcoin.rocks #fixthemoneyfixtheworld #slaps #bitcoinrocks

I got some slaps in last night. Hoping to do a few more today. Need more stickers in a pack. Super slap pack? @bitcoin.rocks

Every day should be this. It is our heritage View quoted note →

You don’t even need to load fiat into your account, you can have a zero balance. As long as you have a linked bank account it will spend the fiat directly from there and pay the invoice in sats. We demoed this at our last 757btc meetup. View quoted note →

If I accept BTC as payment for goods and services, and I spend that BTC on goods and services, it makes absolutely no sense to claim there is a taxable event. If not for fiat, there is no way to measure supposed gains or losses. If I sell a bushel of apples for 60,000 sats and a week later I purchase ten pounds of green coffee beans for 60,000 sats have my sats gained or lost purchasing power? When the government inflates away the purchasing power of my fiat dollars do I get to claim this as a loss? Do I have to pay capital gains on fuel purchases when gas prices go down? This system is broken and absurd. Why should I feel any obligation to jump through these hoops? #asknostr #bitcoinbusiness #bitcoinstandard #smallbusiness #accounting