all eyes on tether and tron

what sides go good with steak?

I don't think it matters who wrote it, as long as the morals are true, tested and immutable. The Bible was once something everyone agreed on; unifying the culture of a nation. The Bible had a lot of power because everyone agreed with it and acted within it's moral rule sets. In turn, people follow basic law. ...Just like the bitcoin protocol does with it's immutable code.

Lol, Bitcoin Audible

Because English law was built around Jesus' teachings since King Alfred. Even if you consider the bible fiction it teaches basic western morality.

Today's episode is pretty spicy. I gave a legal disclaimer at the beginning so @BitcoinMagazine doesn't get held liable for my opinions 🤣

some of my cook books! nostr:note1qg5xj9j7n6uuauumfyer0t4vrsfqdecqva5e8erwrsxmwzn2y7eqvmmjuy

Made some just the other day. It's the best protein snack. Can't stand the store-bought ones, because they have 20% sugar. If I wanted a sweet, I would've gotten a freaking donut.

Trying to recommend hardware wallets to someone for an Unchained vault. Coldcard is obvious for one but i'm having a hard time recommending a second.

I know they only support Coldcard/Trezor/Ledger but i really have a difficult time recommending devices from Trezor or Ledger and becoming part of their honeypots.

SeedSigner?

nostr:npub1jvzgkrej3gpplqut2xfncg25qr7wmt3jlmyk3u7nxtcp4qj50tgsh96c2w ?

So we go from depleting the ORR in 1H 2024 to blood in the streets, risk bottom to BTC ATH in 1 year or less? Seems aggressive to me.

My base case is increasingly that we wont actually have a bull market for bitcoin this halving cycle due to the recession. This one is “skipped” and we wont get one until 2029. Thoughts?

No. I should have added #16. Subsequent new highs for bitcoin after resumption of QE.

For those not on Twitter:

Event horizon... my sequence of events (just a guess):

1. Remove US debt ceiling ✅

2. Massive debt issuance ✅

3. Absorb much of debt issuance via T-bill issuance and absorption from the overnight reverse repo (ORR) market ✅

4. ORR is depleted sometime in 1H 2024

5. Treasury market shows increased instability (via high and rising MOVE index)

6. Treasury slows issuance

7. Fed implements mandatory increased bank reserve requirements to help absorb Treasury issuance

8. US Treasury debt issuance speeds up

9. Severe bond market instability as private sector liquidity has been fully tapped dry

10. Financial institutions start to fail in earnest; contagion risks heightened

11. Risk assets crumble with extreme volatility

12. New Fed liquidity patches initiated/revived, but with little effect

13. Bear market recession; proverbial "blood in the streets"

14. Fed declares massive #QE

15. Bottom in risk assets; #bitcoin soars to new highs by late 2024-early 2025