Politics keeps swinging back and forth. Bitcoin has survived many R and D administrations just fine.

Gridlock means more fiscal discipline, at least.

I had Claude analyze the betting patterns on the Texas Senate race on Kalshi for the last 24 hours. In the over $50k bet bucket, about $500,000 of the total betting ($2.8M) on Talarico was from just 6 bets, whereas only $120k was bet on Paxton in 2 bets. This doesn't prove anything, but it sure does look like just a few bets are swinging things toward Talarico and a lot more people are confident about Paxton.

It's the first Monday of the month, so this week's issue is free for everyone: Traveling is a LARP, Right-Wing Luxury Beliefs, Sith-Pilled, Boys to Men, Manosphere by Default, OP_MUL alternative, Bitcoin-PISA demo, Circular Rebalancing, 402 Stats, Binance Hack, JoinMarket Stats, Compromised Trezors and more! #Bitcoin Tech Talk #525

Bitcoin Tech Talk #525

Interesting Stuff

The whitepaper took years to write. Imagine working on something that very few people had interest in for that long. Probably the most underrated thing about Satoshi was the passion and grit to work through years of doing something that few people understood or knew about in obscurity.

You leave your funds on a hardware wallet and find out that it has a supply chain compromise. You leave your funds on an exchange and find out that it gets hacked. Every choice is a tradeoff. But generally, the more you're willing to work to verify, the better the results will be.

Screenfasting is quite the experience.

Remember most of these VC idiots were all in on COVID.

Treasury Stocks are not convertible to Bitcoin despite having Bitcoin reserves. You know what else has that? EOS, Tron and even Ethereum/LUNA at one point. Exposure to Bitcoin is not Bitcoin and requires trusting someone else.

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Bitcoin Tech Talk #524

Interesting Stuff

May your balances in USD terms look unreal.

At a certain point, you will want to stop automating things. You cannot live life having everything done for you.

Adoption comes to the worthy.

Now we need AI agents to listen for other AI agent disclosures and act accordingly.

People underestimate long term stability

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Bitcoin Tech Talk #523

Interesting Stuff

So all software is becoming open-source through decompilers and LLMs. I did not see that coming.

I honestly wonder what an AI trained without guardrails would look, sound and act like. Perhaps way more based and way less conformist?

All these new securities that are supposedly Bitcoin-backed are a race to the bottom. If you have one equity that's doing well at 15%, then someone else will offer 16% and someone else will offer 17% and so on. I can't see this ending well.

Kinda amazed that there are still people getting COVID boosters.