Any price under $0.1M is still #Bitcoin on sale.
Samson Mow
excellion@jan3.com
npub1exce...n72a
Working on nation-state #Bitcoin adoption. CEO @ JAN3, architect of the #BitcoinBonds, CEO @ Pixelmatic, and creator of Infinite Fleet. 🚀
#Bitcoin is a risk-off asset for:
✅ People with low time preference
✅ People that understand money
✅ People suffering from inflation
✅ People living under oppressive regimes
Never underestimate the ability of the plebs to absorb available #Bitcoin supply on the market. A few million small stacks can have a huge impact.
For institutional investors like sovereign wealth funds or pension funds, buying #Bitcoin at either $0.06M or $0.6M doesn’t make a difference. At their scale it’s a rounding error.
Central banks and massive pension funds are seeking #Bitcoin exposure. Public companies are ramping up their BTC intake. Public mining companies are now buying too.
This is an incredibly bullish setup.
Plan accordingly.
Being able to opt-out with #Bitcoin is so under appreciated.
The current #Bitcoin price might have you feeling sad, but just be thankful that #Bitcoin exists.
Imagine a world without #Bitcoin where your government is printing money with no end in sight, while mulling over price controls as a fix. Just think how hopeless you’d feel. 

2.1 quadrillion sats is just about the right number to store all human value forever. The fiat clown world has essentially pushed us to that number in dollar terms: $900T in global assets plus $1.2 quadrillion in derivatives.
Now we rebase everything to #Bitcoin and deflate. 

I worry about what happens when everyone figures it out. It’s not going to be gradually. It’s going to be suddenly.
Plan accordingly. ♎️ 

I need to make an effort to post on nostr more.
Goodbye Joe Biden 🦆
Hello Strategic #Bitcoin Reserve 🦅
And yet number goes up. #Bitcoin
The average laser-eyed #Bitcoin pleb has a better understanding of monetary policy and economics than most bankers and government officials.
Keep calm and HODL #Bitcoin.
Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down.
Samourai
You have to unpack all of the different elements. Could this be a state attack on self-custody and privacy? Maybe. Probably not.
There are a few components here that need to be evaluated on their own.
1⃣ Samourai was a self-custodial wallet
2⃣ Samourai was a mixer
3⃣ Samourai was providing normal people with privacy
4⃣ Samourai were knowingly marketing the service to criminals and flaunting that fact
Reading the charges, it seems like #4 is pretty cut and dry for this case. Their getting arrested for #4, doesn't automatically mean #1, #2, #3 are under siege as well. If Samourai was a taco stand laundering money and bragging about it, I'm sure they would be taken down too.
They may be accused of running a money transmitter now, but that may or may not stick. We'll find out in the trial.
All that said, we should always be vigilant to attempts to erode privacy and the ability to self-custody. It just does not seem that this fight is *that* fight.
FBI PSA
Seems pretty normal that the FBI would advise people to use compliant services, and the entire announcement seems to revolve around potential disruptions due to Samourai being taken down, and potentially others in the future. Given they took action, they have to post some bulletin about it.
Remember that when people lose funds or have funds stolen from them, they do go to the FBI for help. From their point of view, the best thing for people to do is use compliant services where they can potentially help.
The announcement concludes saying that services that purposely break the law will be investigated - so again we go back to #4 above. This is nothing new, and self-custody is not being criminalized.
Phoenix Leaving
As @jack said, it's feels completely unnecessary. Phoenix obviously is not a MSB and they are not doing anything illegal. In my view, their exit from the US app stores is a complete overreaction.
Keep Calm
Could "they" come after wallets, developers, mixers, nodes, LSPs, sidechains, eCash, VPNs, encryption, etc? It's totally possible. But if you're not breaking the law, you have nothing to worry about.
To my knowledge, there is still rule of law in the US, property rights are still protected, and privacy is enshrined in the Bill of Rights (@gladstein).
It would be very difficult to change the law or stretch it to incriminate these things because it's all just information and software, which is speech. Some will try. But as they are trying, #Bitcoin is becoming more and more mainstream and integral to the world's financial system.
#Bitcoin is freedom technology and it will continue on.
Go outside this weekend and think about why you're here.
We were here to witness the 4th #Bitcoin halving.
The only thing preventing #Bitcoin from becoming corrupted fiat money is the ability for plebs to run their own nodes.
#Bitcoin is a threat to totalitarianism and communism, so be wary of politicians that say Bitcoin is a threat to “democracy.”
#Bitcoin is for future generations - generations that had once been enslaved with fiat debts not of their own, and before they were even born.
We should call inflation what it really is: fiat failure.
5% inflation?
Thats 5% fiat failure.
Money is the Operating System of the world.
#Bitcoin gives us an OS that cannot be hacked.