"Controlling bitcoin" is a strong framing. I disagree with that part. However, the rest is gold ... or hopefully not moving forward.

very deap and simply true 🙏🙏🔥 thank you

They only thing they can theoretically control is the fiat price, but that will, eventually, blow up in their faces

This is what it means when the say “then they fight you”.

The rule makers will change whatever rules they need to keep power. They have no limit as absolute power is their absolute goal.

I’m happy for that. It’ll keep bitcoin way cheaper than should be for a long time. Saylor bought 2 billion dollars in BTC and the price didn’t explode. In 3 days. The Saylor boi bought 90 days of mining in BTC and everything’s ok. For sure there’s a lot of OG happy to settle for 60k and they were waiting for years to reach that level. But let’s see. I think 100k will be another hard threshold to reach, because probably there’s a lot of people with thousands or hundreds of coins they will accomplish their goals/dreams with that level. And makes sense. But again, it’s good. Paper bitcoin always fail in the long run. But for now, I’m happy. 😊

"they are trying ..."

let's see how it plays out

SEC would approve options on its mom if they stood to profit for it.

Wow so are you really suspicious of Michael Saylor's recent remarks?

This is only a problem if you are holding paper #Bitcoin . They can short it all they want, but eventually economic reality will reprice it. It will destroy any leveraged degenerate in the meanwhile.

You are correct!! Keep up the good work!

Saylor's comments on yield over BTC completely misses the point. As a Muslim, I consider avoiding Riba in all forms (interest, unproductive yield, and money printing... Etc.) as a paramount financial ideal.

When Saylor says BTC is yield bearing, he is trying to reestablish the Riba mechanism on BTC. He can, for sure, demand interest or yield, but what's most certain is that on the long run it is impossible to keep running. The ultimate case is that all 21M btc is lent out, where are lenders expecting more bitcoin to cover the yield?

In a soft money standard, interest is supported by fiat money printing. In a hard money standard, interest us pure usury that expects creating money out of nothing. The two ideals are just incompatible.

Gold is possibly more easily controllable as the scarcity is unknown, but obv with Bitcoin there are enough ways to surpress it as well. Pretty sure many govs will try to ban all BTC adoption in the coming years (incl Nostr zaps).

The US and our markets can't control a decentralized world wide asset. We're only something like 300 million people in a world of 8 billion.

Good points but there are no options on self-custodied Bitcoin.

The institutions can do whatever they want with their Bitcoin. All things are positive for Bitcoin in the long run.

But theyre fucking around and finding out right? It might work for a while then Maybe it will blow up

These are the second or third order implications I was thinking of. Thanks for sharing some insights. We’ll see how this plays out

Scarcity is the ace card!

нет не контролируют... только могут напровлять , но когда комиссии будут превышать награду за блок, решать куда идти будет не SEC а те кто дает комиссии. уже проверенно неоднократно!

In the short run it may matter in the long run it won’t. Plebs keep stacking, other countries to. Bitcoin is not the currency of america.

Circular freedom economies will save the world. My wallet won’t hold any iSHIT or any other derivatives. When it all comes crashing down coin will go crazy. Hopefully they’ll suppress the price as long as possible while real plebs gather real sats.

💯 Work. Provide value. Save in bitcoin. Practice and preach personal responsibility. Self/collaborative custody. Opt out of their system.

Makes sense. Could get dirty.