The smartest path for the US is to revalue its gold reserves and convert that value into Bitcoin.
By revaluing the nation’s gold reserves, the Treasury could inject roughly $900b into the balance sheet. That $900b should then be used to accumulate BTC.
Next, issue 1-5-10 year Bitcoin Bonds with in-kind redemption, backed by half of the newly acquired BTC. Proceeds can be directed toward paying down the national debt.
Some senior US officials already recognize this as the only viable long-term strategy, but bipartisan consensus and full understanding are still lacking. Once China makes a move on Taiwan, it will become obvious what this preparation was for.
Nostr Series # 6 “Compounding: The Secret To A Good Life”
https://blossom.primal.net/bfda07dcb0da6575a9f3be3872b3ea1141117e08f3c41ae5729782ad783ea4c4.mov
Dope 🫡
there’s no other asset on earth where when the price drops, the hodlers celebrate because they get to stack more cheaper. crazy people , indeed!
ethereum is a scam. bitcoin is money.
long live bitcoin.
https://blossom.primal.net/6c7e8ebfec72cc82e471db46617292f53b9614ba9b2c32abfbadf8bf21deef0a.mp4
in about a decade eth bag holders will look back like how the fuck did we get scammed so hard by this proof of stake bullshit. will be so obvious in hindsight
eth insiders are scared of solana because deep down they know it’s better tech. eth with its proof-of-stake scam can’t be money, so they cling to tech. but even there it fails, because there will always be a better tech. today it’s solana, tmrw something else.
Not all of them obviously but I hope at least some of them will
nostr is my time storage. thoughts i wanna keep and pull up 10 20 30 yrs later, i nsec them here.
the ai im talking about is not an app or software or a startup. it’s the industrial revolution 2.0. but i agree on the energy footprint side which will be resolved when the regulators truly understand the impact and demand it will generate.
ai’s just getting started and people’re already comparing it to the dotcom bubble. not so fast! we’re in a bull market, maybe the most violent of all. this’ll keep going for the next 10-15 yrs. what’s in it for bitcoin? i see it near $10m around 2035. that’s my personal view and base case and i put my money where my mouth is.
one day you’ll buy bitcoin below $1m per coin for the last time without even realizing it.
bitcoin is money. i always hated when people called it virtual currency or worse, cryptocurrency. all crypto is a scam and i don’t want my money thrown in the same basket as scammers.
even satoshi never called it crypto or cryptocurrency not in the whitepaper, not anywhere. he only used electronic cash.
cryptocurrency is just a term pushed by altcoin promoters to give their scam tokens a fake mathematical meaning.
stop it 😂
?v=1756569678today we can buy 1 btc for $108k. how nice! thank you universe. grateful for your generosity!
Bellissima! 🦪
Let’s not forget the little Doge scam and Elon’s fat chunk 🤣
when you like a post it’s basically zero responsibility. no way to know if you actually value it or not. it’s just a fake interaction, appreciation, or thank you, whatever you call it. it’s just fake.
i don’t think likes should have any contributing value in trending notes algorithm. obviously people will keep liking notes until they’re gone, and i do too, but it shouldn’t count toward the signal at all.
So, I understand and agree, AI will be deflationary. Your arguments are sound. The part I disagree with, is when things get deflationary the government MUST print to out pace it. Which is the framework laid out by nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
Government debt can't let deflation take over. So you'll see a flood of money so that the common man never sees the benefit.
You and I see efficiencies where it'll lower costs for everyone. Government sees it as a runway to print and steal all that lower cost away by adding more monetary units and people think prices are just staying stagnant and will applaud the policy makers as they're robbed blind by them.
I think this is the most likely outcome.
Agreed on the money printing part. But i think you’re underestimating just how fundamental the changes from ai are going to be. it’s not just another tech upgrade or a chatbot. we’re about to witness a complete rewrite of how the economy, labor and even value creation itself work.
This is what I’m questioning, yes. Some reputable minds predict this outcome, though the numbers could change. But as i said, given the money printing, current rates, and national debt, i almost find this prediction an insulting joke.
possibilities are infinite for sure
Hey nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg, just so you know, I couldn’t care less about YouTube. Focus on building nostr and someday YouTube can worry about making sure the videos they don’t happen to censor will work on Nostr.
imo, that’s a bad take. youtube is the world’s biggest education platform. sure it’s centralized and filled with garbage content, and even i’ve criticized it many times here on nostr. but still that doesn’t justify ignoring the user experience for ppl who simply want to share videos.
some say, this wasn't an actual sell but an etf conversion. in-kind redemptions are probably 6–12 months away.. if that’s true, you'd have to be a brain-dead fucking lunatic to dump your btc now.
its days are numbered. gold has no place in the future as a store of value. we’ll probably keep using it as thermal shielding on space helmets for a few more decades until ai creates a better synthetic version of it.
pre-mine, pump, and dump. that all there is
painfully watched him. fucking weirdo.
in the next 20 yrs, they'll print so much money that the zero will lose its significance. honestly, $3m per coin in 20 yrs is fucking ridiculous.
how i talk to my ai. my brain runs on the linus kernel: bullshit resistant, and zero tolerance for bad output.
this number will only decrease. if you think about it, bitcoin being a few million dollars per coin in the next few yrs will make it much harder for even wealthy individuals to be wholecoiners, let alone self custody it.
I deactivated my X account yesterday (partially) because I needed a mental health break
But the main reason, was because bull market twitter is so fucking gay
I spent 10 minutes scrolling yesterday. I kid you not, every single post was either a bunch posers gooning out in all-caps over the price going up 4%, or it was a circlejerk of scammers spamming "Paper Bitcoin Summer" over and over and over
There's no signal over there anymore. Yesterday was the moment I realized X was no longer bringing me any value to my life, so I just deleted it
Maybe I will come back to X in the bear, when all of these carnival barkers get wiped out. But until then, nostr:npub1glqqq2czzjlzc4rqq5lsccllk3xq3q00l76yu3j28hednk7yvdmqlq7jxa is officially on a hiatus.
Welcome welcome!