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PeakyBTC
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Bitcoin. MMA. Laughs

Dad just got a cybertruck. It’s awesome.

It’s hilarious how quickly Threads died

Imagine this future court case.

Guy has multisig keys spread amongst his family. Family drama breaks out and his family members won’t give him access to his keys.

Whose property are the keys?

Only care about their bags.

Number will go up with time. Don’t rush it and make stupid decisions by giving banks any leverage.

Banks not holding bitcoin is a good thing. Fuck them.

I’ve found stamping onto washers to be very difficult. What’s the best way you’ve found?

Just met with a local city commissioner to pitch putting Bitcoin on the towns balance sheet. He's scheduling a meeting with me, the mayor and the other city commissioners to discuss further.

I work for Disney.

I sent an email 3 years ago to our then-CFO pitching Bitcoin on the balance sheet. Not surprisingly, they weren’t interested.

I followed up again last week because we have a new CFO. Here’s the response.

What are your thoughts? nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z

“The bitcoin asset class is quite interesting and has been a fast growing asset class for a number of years now. I do think it is an interesting investment alternative for investors that believe the upside justifies the high volatility of the asset.

For corporate purposes, however, I do not think it is an appropriate investment. It is not part of our company strategy (entertainment), and as a store of value for our cash it is too volatile to be useful. I’ve stated my views on CNBC multiple times, and there was a Fortune article on my comments.

Keep in mind, our stock trades on the strength of our brands and other competitive advantages. They provide a level of stability that enables us to maintain a high PE multiple relative to the sector. Investors are not looking for us to be investment speculators - they can buy other trading companies (eg Bunge for commodities) in order to invest in that asset class. If you look at trading company PE multiples, they are generally far below those of TWDC.

Our priority for our cash is safety, liquidity and price stability. We only keep enough cash to ensure the company can function smoothly and efficiently. Beyond that, we return the cash we generate to shareholders through dividends and share repurchases.

Thanks for thinking about how to make the company better - I appreciate your passion and thoughts.”

Day 99 - Tomorrow will be 10,000 push ups. Probably more than I’ve done in my life combined

In November 2021, I emailed the then-Disney CEO that I think our company should invest in Bitcoin. Her office responded, but only said they were “closely monitoring and Bitcoin and all cryptocurrencies as an investment perspective”

We have a new CEO now. So I just emailed him the old thread and another push that I think we should invest in BTC.

We’ll see.

COME ON DOC DONT PUT YOUR FINGERS IN HIS LEG!

Gah damn this Brito dude is scary

My fellow bitcoiners. This song 🔥🔥🔥

Fly whatever flag you want.

Have an American flag at home and want to burn it? Go for it.

But taking down an existing flag, owned by someone else and replacing it with a different one, well that’s grounds for repercussions.