Irwin

If a country doesn’t have its own manufacturing capabilities, it is someone else’s bitch.

When you have a knot in your stomach seeing the price falling, if means that this is the right time to buy… if you have the money.

AI data centers are to Bitcoin mining rigs what Chinese civilian shipping vessels are to a ghost military fleet. They're built to military grade and can turn on a dime if things go awry.

Thinking of it every day. Everyone is a scammer. https://nakamotoinstitute.org/mempool/everyones-a-scammer/

“Investments are scams because they lead you to believe you can get a higher return than holding bitcoin itself, despite the economics of bitcoin naturally making this an absurd claim in the medium-run. In a post-fiat world, there will be plenty of investments that have a greater return (and risk!) than holding bitcoins, but they’ll be assets that generate bitcoin cash flows.”

Recent battle in Ukraine really feels like a prelude of the “Kill Decision” book from Suarez nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpr9mhxue69uhhxetwv35hgtnwdaekvmrpwfjjucm0d5q3samnwvaz7tmswfjk66t4d5h8qunfd4skctnwv46qu7vtcc https://x.com/geromanat/status/1982857943449251918?s=46

Markets are an interface to understand the world.

To add on the below, Sony never made money on the PlayStation consoles, it only comes from the sale of games.

In tech, hardware has never made money even with the iPhone . Only software brings money.

The flush we just saw in crypto is a prelude to a A.I. tech flush.

Where to put your money: Bitcoin : capital preservation A.I. : capital expenditure Choose wisely.

Feels like today corporation jobs are a combination of adult daycare and UBI.

How low is your time preference ? Planted this American Red Oak tree. Expected to live 200-300 years.

Prediction: the massive M2 money supply injection will continue. Multi-year bull run until end of Trump presidency.

Capital controls will push Chinese retail into bitcoin instead of buying properties abroad. Texas passing a bill is the first domino to fall down.

My son is not even one month old that he is getting some corn already (with a little bit of help from his dad ).

#Bitbond explained: following the bond issuance, the US gov pays 1% annually instead of 4.5%; reducing expenses. At maturity on year 10, the bond holder receives a lump sum on top of the recurring 1% annually that match a historical 10 Years UST bond of 4.5% CAGR. Then the bitcoin remaining profit is split in half between US gov and the buyer. Example with Bitcoin Growing at 20% CAGR:

Bitcoiners are the most optimistic people in the world. Too much winning lately. Wouldn’t live in another period right now.

The hard game is to keep the eyeball on DCA some corn and not invest elsewhere. Learnt my lessons with trading Legos!