Bitcoiners need Trump to get to Inauguration Day. If he doesn’t, then we’re in the “then they fight you” stage. View quoted note →

The incoming President of the United States - who has majority in the House of Representatives and Senate as well as a 6-3 majority on the SCOTUS - said he plans to create a strategic bitcoin reserve that totals 1.0M of the 1.2M remaining to be issued. The United States government plans to buy an amount equivalent to 83.33% of the remaining bitcoin issuance. While there will be legislation, DJT has pledged executive action on Day 1. The United States government is the most “respected” and credit-worthy institution in the world. You think they’re going to be the only ones vying for a piece of this bitcoin network. The executive action is happening in 33 days. Yet the price is down 10%+ today because the Fed effectively admitted defeat. They can’t stave off inflation without destroying g the economy. As Jack Dorsey said on October 23, 2021, “Hyperinflation is going to change everything. It’s happening.” LOL! We’re so early. Well…at least 33 days early…

LOL, HFSP View quoted note →

Deep deep pain… View quoted note → View quoted note →

And the 2010 Tea Party. 👍🏼👍🏼 View quoted note →

Great, then your incentive is 21M BTC. And anyone who is using paper bitcoin to manipulate that 21M supply cap is not in your interest. So you support MSTR implementing proof of reserves. Glad we finally got there, together. View quoted note →

lol — you’re GRASPING here. Of course they didn’t literally happen. However the regulatory environment during the Great Recession was drought with conflict of interests and misaligned incentives that manifested in the literal collapse of Bear Stearns and almost led to the entire global financial system. The Big Short is one of the best non-fiction dramatizations of a complex, shadowy industry that most people can kinda understands. That’s why it’s so prescient in the modern economy. But yeah, the “blind lady” didn’t talk to Steve Carrell. You’re right. MSTR should post proof of reserves. As long as he isn’t, I will remain skeptical…as I should. I think we both agree … Thank God for Bitcoin. View quoted note →

I’d love to hear @ODELL and @Marty Bent talk about MSTR’s blatant enabling of fractional reserve bitcoining through their use of Coinbase. Can it get a line item on one of the next @RABBIT HOLE RECAP agendas? cc: @preston @less @HODL consider for your next quarterly rip, too.

Bitcoin conferences are shitcoins. Been saying this for years. View quoted note →

Let me get this straight… Putin said bitcoin can’t be stopped. Powell said bitcoin is digital gold. Both today?

How does one buy a stripped down, analog Toyota Land Cruiser in the United States?