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Ben's BTC stories
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Found Bitcoin in 2016, only started to understand it in 2018. I'm here to support it how I can. On Nostr since 2022

The common investment advisor who is talking to employees is not talking about how inflation destroys their financial models. Most people are getting seriously misled for their retirement.

So, if mstr has leveraged their Bitcoin, but they don't actually hold the keys to the Bitcoin, this is done by Coinbase. And if Coinbase has rehypothicated their Bitcoin. Then the entire structure is unstable and bound to collapse as any shitcoin will do. How long?

Quickly it turns into a situation where people could work more, but doing so only means they take home less money. So they choose to work less.

When you pay interest on a debt with the bank, but the bank didn't lend you money, they simply printed it, where does the interest payment go? Is it pure profit for the bank?

Looks like he made it to the central bankers list of contacts. I'm sure he enjoyed that meeting.

Yep, right there with you. I really really hate traditional banks.

What's hilarious is how they still believe they are right, and that means they think you are wrong and need to 'see the light' and to be repentant for it. Nope, not happening. One day, if they are lucky, they might realize it had nothing to do with you wanting to be right, but instead the world has changed and they are on a sinking ship. They are simply angry that you took the life boat. 🤣

His bet is that he can lever against an ever failing dollar, the stock price of his company depends on it at this point.

What he is not able to deal with are angered central bankers who decide they need to go after him. The central bankers can't have Bitcoin used as a currency, this takes away their power.

Good choice.

It's not that you are holding a grudge. In fact, it sound as if you have forgiven them. That doesn't mean you need to forget.

And yes, it really sounds as if they are demanding control with an apology. Btw, did they offer an apology for their actions?

It's useful to talk about it as though it has already happened, or that it was inevitable. When they feel as though they are missing out they suddenly feel the need to jump in.

After all, everyone is doing it including the largest banks in the world, the candidates for president, even entire countries.

Replying to Avatar Chris Krause

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Since I discovered that I can make instant payments from Strike to my bank account (even on Sundays!), I can keep more than 99 percent of my wealth in bitcoin.

I've had several wow moments with Strike (since it became available in Germany).

Thank you!

Countries without insane capital gains tax laws have an unfair advantage over the US right now.

Thank you Jack for making this amazing!