Jack putting 💰 where his 👄 is….. 👏 👏 #bitcoin “OpenSats Receives Additional Funding of $10m from #startsmall # We are delighted to announce that OpenSats has received a generous donation of $10 million from Jack Dorsey's philanthropic initiative, #startsmall, which will be used to support the development of free and open-source software and projects focusing on bitcoin, nostr, and related technologies.”

OpenSats

Blog - OpenSats

OpenSats is a 501(c)(3) public charity that aims to support and maintain a sustainable ecosystem of funding for free and open-source projects and c...

How many years could you run the bitcoin chain from the energy output of the Hiroshima nuclear event? ⚡️ ☢️ #[0]

Good luck to everyone tomorrow….

Worth watching - understanding the link between cheaper energy via bitcoin mining and improved, sustainable economic outcomes is 🔑.

Till next time Thredbo

It’s happening….. #Bitcoin

Big Gazza - no flys on him #[0]

Dog walking 🧠 💥 - Fed deploys CBDC - Announces will exchange BTC @ $1m for new CBDC token - 1 sat = 1c - Fed acquires large stack of BTC, many would take some off the table at that price. - $1m bid now the floor - Users can still hold BTC to hedge further inflation, which is assured. - Game theory between nation states accelerates with a common base layer available to all CB to use being BTC - Fed has a good lead moving first with aggressive exchange rate. - New USD/CBDC now backed by Bitcoin and gold…… maintains reserve currency. Am I smoking crack and should go to bed…… any thoughts #[0]​ or #[1]​?

Had a fun conversation in the surf just now - equities broker friend post SVB melt down…… “Now I can see what you’ve been talking about all these years, an asset with no counter party risk” 😎🌊🏄‍♂️

#[0]​ #[1]​ #[2]

Does anyone know Jason Lowery’s pub 🔑? Want to buy a copy of Softwar via LN invoice…..

GM @fiatjaf

For the 90s kids…

Good reading for a day like this…… #[0]​ #[1]​ https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf

The Fed will have to print/backstop the the difference between the MTM losses on the bank holdings and on demand deposits….. one massive liquidity injection. Or cut rates to zero and put all the OTM holdings back into the black. There is no other option. #[0]​ #[1]​ #[2]

“MIDSIZE US BANKS ASK FDIC TO INSURE ALL DEPOSITS FOR 2 YEARS.” Steady lads. Gonna need more cowbell……