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we did print productivity! All that cheap money accelerated innovation and brought future growth forward. The real cost is that we borrowed it from future generations.... The question is, is its whorth ir? 🤔

Rebased. Reprice sounds like when Kroger's hands me the price gun.

Can’t wait to check the new episode 🤘🏻

Let’s goooo ⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️

Locked and loaded Jack. Bring it on. Hard money or become an interpretive dancers dancer!!!!

fuck YT, when you gonna stream to Nostr? zap.stream or on Primal

Nostr streaming on Primal would be awesome, Jack!

Banger‼️

What is a Negative Outlay? 🤔

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Jack can you provide some information about the 3rd party you use to provide KYC services. In particular how they are storing identity documents and pictures and for how long? How did you select them and what assurances can you provide customers that their information is being kept secure?

I'm interested in strike but in my jurisdiction they require selfies (I think), so want a reasonable understanding of what's going on under the hood here before proceeding. Thanks!

If you pull off the yield on cash I will move all my banking to strike. I don’t have much fiat left but the stuff I have I’d rather get yield on.

nice try bankster... but you cannot fool bitcoin ers over and over again, no matter how much you are backed by crooks.

Always look forward to Mailbag Mondays!

The more you scare people about fiat debasement ..more they buy #gold ... Because

Jack you’re the goat

🔥

To have a great banking suite you need

1. A great website which you can access and perform the same functions as the app.

2. Joint accounts so married people can each login and perform actions on their shared finances.

3. Telephone customer service during banking hours to discuss issues in a free flowing conversation.

Great rip, quiet and intense.

It’s about good vs evil , truth vs lies and real vs fake

Strike is the way to go 🚀🚀🚀

https://blossom.primal.net/628d749792910319c5b67e94fc410e99cad44b4da6a97524e4cb1d0c477818f8.mov

Hi Jack,

Love the idea of a Strike credit card, backed by Bitcoin, for my day-to-day expenses that I pay off each month. I am particularly interested in a cash rebate paid in Bitcoin because I understand a rebate is generally not taxable upon receipt. Would Strike consider this and will Strike also provide fraud protection with the credit card?

Currently, I have a traditional credit card that gives me 2% cash back on all my purchases, which I then use to buy Bitcoin each month. I was looking at the Fold card, which offers a 2% rebate paid directly in Bitcoin. Having a Bitcoin rebate would eliminate the step of purchasing Bitcoin and is generally not a taxable event upon receipt because the IRS considers it a rebate. This setup also forces me to DCA into Bitcoin monthly, and since selling the Bitcoin is a taxable event, it discourages frivolous spending. I also appreciate the idea of earning interest on fiat that is loaned out to users against their Bitcoin collateral but the interest received is a taxable event.

Ultimately, I would prefer to transact primarily with Bitcoin and convert all my fiat into BTC each month.

The interchange fees you receive from the credit card companies and the spreads on Bitcoin would be more than the cost to provide the rebate and allow Strike to stack more Bitcoin.

A credit card is essential for day-to-day purchases so that you're not selling Bitcoin to buy necessities like groceries and gas and a Bitcoin rebate would allow the card holder to stack sats and increase their collateral on their Bitcoin backed loan.The card also has the benefit of fraud protection which is essential in today’s world.

🔥🔥🔥🔥

Yo with fed printing and ai hitting diminishing returns, do you think the treasury secretary is likely to loosen bank regs to unlock excess reserves in banks? If so, will these excess reserves they stole from us be used for lending to re-industrialize or more buybacks? Even if they increase lending, it’s likely we see only more capital misallocation. The best shot we have is bitcoin denominated circular economies powered by sovereign individuals

What’s the name of the podcast that was played/quote regarding China/US positioning? I’d like to follow

I remember one time strike gave 20 percent back on bitrefill purchases a long time ago, that was epic.

I listen to the show every week and appreciate the effort you put into it. It reminds me of the old days when we had to wait a full week for a show to air. The OnlyFans travesty was tough to digest, but the silver lining is that Bitcoin will begin to demonetize self exploitation. Your show is helping to educate and inform more and more people on the importance of sound money. Keep up the great work and congratulations in advance on your engagement. Looking forward to following your journey in the years ahead as your family and business grow.

Yooooo. Jack I heard the comment about people complaining it’s the same podcast every week. I personally enjoy the macro talk, but if you want to switch things up, maybe you can go into some technical and historical bitcoin talk.

For example: how do elliptical curves work? How does sha-256 work? How does lightning work? What was it like being a bitcoiner during the block size wars? What are some BIPs that had big impacts on Bitcoin (for better or worse)?

Keep up the good work.

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Great rip Jack 🤙🏽

Glad to hear strike is looking into line of credit offering. I’ve been using some clunky work around between banks but having everything in strike would make it much smoother! Keep grinding team!!

That was the first episode of this show I watched. I learned a lot. Thanks!