If you buy a beer with bitcoin right now you may incur a capital loss on those sats. That means you get a tax write off by buying that beer!

“I am not an advocate for frequent changes in laws and Constitutions. But laws and institutions must go hand in hand with the progress of the human mind. As that becomes more developed, more enlightened, as new discoveries are made, new truths discovered and manners and opinions change, with the change of circumstances, institutions must advance also to keep pace with the times.” Thomas Jefferson

I think in the future, #Strategy will effectively set the floor rate at which we can borrow against #Bitcoin. Why would the borrow rate ever be lower than the yield on #STRC? If I could borrow dollars against my #BTC at 5% and make 11% on STRC I would borrow as much as I could. If I can put my dollars into STRC at 11%, why would I ever lend them to BTC collateralized borrowers at 5%?

I wonder if the Patriot Act will be a victim of the Fourth Turning and the next turning will bring a rebirth of privacy and individual sovereignty. Freedom from the algorithms that steer our lives.