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McCoy
392316041be345b2bac5c4d1f44c7701385d62bfaac742d94273d10a6434eaac
Bitcoin NOSTR block 768722

The GOAT picture and moment that captured the pure raw beauty of rock and roll. What a time. Watch it a few times to appreciate the timing of Pete’s jump and land … with the scream, ….with the lights coming up.

Epic.

Bitcoin is “$ u can’t f-with”…. so was this ethos from 1970’s….. the youth will lead us home

https://youtu.be/e3NGqUEaBbs

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TFTC #411. On Ramp (with a off-ramp). Great idea, great RIP.

As a near boomer with connections to the older legacy investors mindset, On Ramp nails it: allows the hesitant to get in now with assurances, then “grow into” a self custody mindset later. To quote a hesitant friend: “… I have to know who’s accountable”….. or per @NVK: “….who do we punch if there is a problem”

IDK - this is from a fed presentation via James Lavish…. Stay humble and sat.

Tax day musings, part two:

If Bitcoin is a currency then value gained exchanging Bitcoin for fiat isn’t taxable.

The GOV treating it like a commodity implies that they recognize it’s store of value function.

But, is it a commodity?

Overtime technology leads to decrease in commodity prices. Humans figure out ways to get stuff cheaper, more efficiently.

Bitcoins value is unlikely to decrease with technology advancements, not behaving like a commodity.

GOV: ???

Me: Anyone? Bueller?

Tax day musings:

Gov: Bitcoin will fail

Me: Interesting, let me try it and see

…two years later

Gov: You “sold” Bitcoin for profit, pay-up

Me: So Bitcoin is succeeding in storing value?

Gov: No it is still failing

Me:🤔…..🤡

The earth is an adversarial environment. It’s always been this way. #Bitcoin was built exactly for this environment.

Good dudes. Ahead of their time. Authentic to their core.

Bitcoin. It’s a new form of money that combines the best properties of physical cash + the best properties of ledgers. The people’s money.

https://www.youtube.com/live/LBoEABfLCD4?feature=share

Bank Secrecy Act from the Cato Institute.

My take: I’m pessimistic about reversal of these “Acts”……

however if these “wonky” / normies types are starting get it… eventually there will be a tipping point with massive numbers of Americans primed for #Bitcoin - bullish

What are the chances that the federal gov can get their act together to fix this: zero

“The central authority of account creation is mathematics”

#[0]​ 🔥🔥

#Bitcoin

#Bitcoin:

the People’s money