Sats are infinitely more precious than your metals.

true story, 4 years ago I argued that the premium on gBTC should be just below 0

Odell corrected me

it then proceeded to dump well below 0

I'll never forget it 😂

MSTR is an IQ test.

Those that have done the work understand exactly what they hold.

Those that don’t bother doing the work will never understand.

The sad truth is that all the info is out there - free of charge for you to investigate, in abundance, answering every question and concern you may have, at your own leisure.

NO EXCUSES.

It’s only your ego stopping you.

BREAKING: $SOS just announced a $50M #Bitcoin buy, and the stock’s up +50% instantly.

If #Bitcoin can rescue this chart from the depths of despair, there is truly nothing it can’t fix.

#Bitcoin saving lost souls since 2009

The MSTR convertible note thing is a little inscrutable…who gets to decide about conversion? What is the conversion rate? Is the note denominated in dollars?

Suppose MSTR share price fell precipitously (let’s say essentially to zero). If note is denominated in dollars and conversion rate is the market rate of MSTR, then it’s bankruptcy and all the bitcoin will get sold to repay note holders and anything left over is for shareholders.

For those thinking in Stock to flow model terms, the senate of these notes is like new Bitcoin being added to the slow (that is, it’s part of the flow).

For those thinking in power law model terms, this will happen in May/june 2029, a bit early for a post halving pump deviating from power law model.

One of the biggest Psychological Operations over the last 15 years was convincing the general public #Bitcoin was only for criminals and scammers

The Deep State always knew what Bitcoin represented, and they used the propaganda networks to discourage public curiosity

I’m up on this trade significantly in bitcoin terms bud.

MSTR is an IQ test.

Those that have done the work understand exactly what they hold.

Those that don’t bother doing the work will never understand.

The sad truth is that all the info is out there - free of charge for you to investigate, in abundance, answering every question and concern you may have, at your own leisure.

NO EXCUSES.

It’s only your ego stopping you.

To be clear here I only believe MSTR is suitable for retirement accounts and I do not believe you should ever sell Bitcoin for MSTR.

If you have cash outside retirement you should be buying Bitcoin and holding it in cold storage.

I have a 10% allocation to MSTR

Anyone thinking about going 100% MSTR is farther out on the risk curve in my opinion.

If you’re doing long calls on MSTR you are very far out on the risk curve.

Caveat emptor. nostr:note1pg5wk6dwutxjt87ljqq9cegh29788lntyfaspvedjv03pnp0e3gqhrleww

"White AND" is growing, though.

Of mixed-race heterosexual marriages where one partner is White, nine times out of ten the White partner is the husband.

There is a "marriagability gap" between the genders in White communities, and its not getting better.

A close friend of mine argues its because White fathers don't set firm boundaries for their daughters. He makes a strong case, and certainly culture and extra-familial institutions are only making it harder.

The ops have never actually had their mantras challenged so they just crash out

What's the most important and least discussed topic in bitcoin?

Best response gets 1k sats ⚡️

#asknostr

Thanks for calling in 1944

Nah, central banks have had digital currency for decades now. If you deposited 15k into your bank account and went back less than a day later to withdraw it in cash, they wouldn't have it for you. They've been moving numbers on screens for as long as screens existed, practically. That's definitely digital currency.