Good morning all. For once I have a serious question and could use Nostrs help. I work at a mid size asset management company. They are asking questions about putting “money market funds on the blockchain.” Fidelity just filed a money market fund that will not only have traditional record keeping but will also issue a digital token on Ethereum (sigh). Here’s my question - who is the right person to ask if somehow digital money market tokens on lightning is actually feasible? I thought I recall that with taproot, tokens over lighting might be possible. Pardon my ignorance here. My motivation is, if you are going to explore a digital money market fund, at least do it on a network with staying power vs Eth.. thanks all. #bitcoin

“President Donald Trump suggested that people found guilty of attacking Tesla properties could serve their sentences in El Salvador prisons.”

Who is McNeese?!?!

Blackrock recently made some news when they announced that their most aggressive asset allocation models would invest ~2% in bitcoin etfs. To put that into perspective, an estimated $100B tracks BlackRock allocation models in total (source: Cerulli). Probably less than 10% of that is in the most aggressive models (60/40 is the sweet spot), which means that maybe $2B will go into IBIT as a result. It’s a start and better than nothing but not yet a game changer IMO

Bitcoin has had a great year up 26% - significantly outpacing global equities (around +9%). Sure it couldn’t match gold at +38% but you can’t win em all!!

Bitcoin was $896 on the day of Trumps first inauguration in 2017 and $35k when he left office in 2021. He was great for bitcoin without even knowing it!

Trump has been good for sound money!!

Fox Business

Gold price rises above $3,000 an ounce for first time amid economic uncertainty

Gold prices surpassed the $3,000 an ounce threshold for the first time in history on March 14 as investors moved into the safe-haven asset amid mou...

For those of us that are not taking out debt to stack sats, please enjoy the “chair of the week.” I bet I would be able to relax in this…

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Just nibbled at some BITU. Might regret later

The selling will continue until Portnoy capitulates!!

Semler bought1000 bitcoin only to have a flat stock price over the last year

It was announced that MSTR was joining the Nasdaq on December 13th when the stock was 408. The stock is now 240. The podcasters told me that passive equity ETF inflows would drive the stock even higher. Can another podcaster help me understand what is happening?

It’s the end of the world, as we know it….

Typical bull market action right?

NYDIG on the SBR: “EOs (Executive Orders) can easily be undone by the next administration, making the next election something of a sword of Damocles hanging over the price of bitcoin.” From NYDIG’s weekly digest

Bitcoin is below its inflation adjusted high of 2021 but don’t worry because the real riches you gained were from listening to the opinions shared on podcasts during these last 4+ years