Property taxes are so insidious. Other people print money, causing the nominal value of your house to increase. Property taxes are assessed on the current value of your home, so as the property value rises, so does your tax bill. But that extra home value is not liquid and therefore not accessible to pay the increased tax burden. If the property tax rises too much, some people may need to take on debt or even sell the property to pay it. This should not stand in any civilized society.

Happy Masters week! Who will be in the lead when The Halving occurs?

If bitcoin isn't your hurdle rate, you're doing it wrong.

"Gold is used in jewelry and electronics, so it has intrinsic value." This is a terrible argument for gold as competition for bitcoin. Firstly, value is subjective and intrinsic value doesn't exist. Secondly, using gold for non-monetary uses devalues it as a money. Money is not meant to be consumed. Its purpose is to store value and exchange it for consumables or investments in the future.

I have no hard evidence for this but it feels right.

The thesis is simple.

It worked! Thanks @BTC Sessions View quoted note →

Oh boy oh boy....testing in 3, 2, 1...

To all the FIRE proponents and practitioners out there, buying a total stock market index is not investing. It’s saving!

Nostr-verse I need some help! I've tried zapping a few posts using Primal. The post lights up orange with an updated zap count but the sats aren't leaving my wallet. I have Alby connected. What else can I troubleshoot?

The spirit of the next bitcoin bull market

IRS says Microsoft owes over 1 million BTC worth of back taxes, enough to cover a full 18 hours worth of new Treasury debt issuance.

The changes from FASB are likely to have a huge positive impact on bitcoin adoption by corporations. View quoted note →

In case you've been stalling on getting bitcoin into a retirement account, this should help.

X (formerly Twitter)

Unchained (@unchained) on X

If you have #bitcoin in your IRA, make sure your custodian actually has your bitcoin. At https://t.co/tuyLSqQbic you get to hold the keys so this ...

Nature is healing. Fee FUD incoming.

The curve is steepening quickly. Un-inversion coming soon?

Remember drivechains? 😂

Yesterday my daughter asked me how starfish eat. I didn't know the answer so I looked it up. Aaaaaaand then of course I drew a parallel to bitcoin mining. Starfish have a remarkable method of feeding by everting their stomach to digest prey outside their bodies. They tackle hard-shelled bivalves, employing a persistent effort to pry them open and access the nourishment inside. This meticulous process mirrors how #bitcoin  miners seek out hard-to-reach energy resources. In places where energy might be abundant but inaccessible or under-utilized, bitcoin mining can step in to tap into these resources. By setting up mining operations near remote or otherwise stranded energy sources, miners can convert what would be wasted energy into a valuable resource - bitcoin. This mirrors the starfish’s ability to unlock a sealed source of sustenance. Much like the starfish moves from one bivalve to another in a continual hunt for nourishment, bitcoin miners adapt and move to where energy is accessible and affordable, ensuring the relentless churn of the network continues. Both processes reveal a fascinating blend of opportunism and efficiency, whether in nature or in the digital realm. By harnessing hard-to-reach resources, starfish and bitcoin miners both contribute to their respective ecosystems in a unique and essential way. Thank you for listening to my TED talk!

All 21 million bitcoin already exist.

Bitcoin's security budget is $170 at the moment.