If only there was a way to stop our government from engaging in corporate grift through fiat ponzis; putting self interest over the interest of those they govern...

We now go into an era of high inflation and zombie banks. -Banks that should fail will survive, and look like the airline industry. No need for efficiency or good customer service. -Fed balance sheet grows to support inefficient banks, taxing us all through inflation. Bitcoin is the Way

All US residents were taxed to bail out the banks. Not through a traditional "tax" that only the middle class and rich bear the brunt of. The tax was through the inflation that is being created through the $300B in loans added to the Fed's balance sheet in the last week... Something I wrote a few years ago:

Federal Reserve Policy is Flawed: Favors the Very Wealthy

By Steven McClurg, CIO of Valkyrie

If you are afraid of your company getting stuck with First Republic or Signature, DM me. If you are stuck at SVB or Silvergate, too late, don't bother.

There are no victims of SVB, Silvergate, FTX, USDC and more to come. Trust was put in fiat ponzis, when there were clear alternatives. Time to wake up and smell the Bitcoin...

I'm hearing from people that circle is now throttling on-chain transfers of USDC - estimating 48 hours. I remember hearing reports of Celsius doing the same days before they imploded... Time to get put of that USDC shitcoin and into bitcoin. Just verified with the CEO of Bitcoin; the network still running like clockwork/no throttles.

Everyone's pointing their fingers at Tether; meanwhile, back at the ranch, looks like USDC not looking so hot. Thats the problem with an unregulated money market mutual fund: not all those deposits sitting in proper custody.

Seriously, zaps are more powerful than likes. Humbled by the number of zaps I get. Sorry to say I don't stack those sats; I send the love around through zapping others and supporting bitcoin businesses like Bitcoin Park

Public service announcement: Not your keys, not your cheese. If you know how to mange your own bitcoin, time to do it...

Adding banks to the list of counterparties we avoided or had limited exposure to: Valkyrie never had exposure to SVB, Silvergate, nor First Republic Bank. Have limited exposure (well under FDIC limits) to Signature (they were one of our redundancy measures) And yes, I said First Republic. They are similar in scope to SVB, but better diversified. We will wait and see on that one...

No US bailouts for falling banks. Let the markets decide. Some bigger bank will want SVB deposit base (or not). Either way, SVB played fast and loose and now the chickens have come hime to roost.

Bitcoin Park such an amazing hub in Nashville. #[0]​ and Rod have done a great job curating good people and a beautiful location. Bitcoiners all over the world stop in and hang out. Nothing like it.

#[0] interview of Sonnenshein will go down as most legendary bitcoin podcast in last decade. It must be watched from the beginning.

Excited to see what #[0] builds on NOSTR

We still have macro headwinds this year, but does it really matter if you are buying bitcoin for $23k today, even if it goes a little lower? We are in bottom range. This is the accumulation zone.

My favorite feature of NOSTR is that I only see the pub key, not the identity, of people who post until I follow them. This has forced me to mostly follow people who post interesting content rather than a name I recognize

I admit that I’m probably wrong… But still not a fan of paying for JPEGs, even if on Bitcoin. (And especially paying with BTC)

Got a great rundown on lightening wallets today: WOS is definitely the easiest to use on NOSTR. But due to its highly centralized nature, could get users rugged. If you stack more Sats you are willing to loose, move to your hardware wallets often.

Who are some bitcoin core devs here that I can Zap today?