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5c89facf55a1e2b44d4697e098b34d6632ff666d9eb819ca8b25ac2fbcb74ddb
Bitcoin mining, custody, & memes 🫡. Advisor PRTI ⛏️. Energy, carbon & economic dev policy. Volunteer firefighter 🚒

I didn't want to steal banks, which someone had said before

Indeed! (Though I've seen your version before, was making an alternative :)

Where we're going, we don't need bank bailouts

The Preston zapquake ⚡️ strikes again!

Ironic if a reignited distrust of banks, incited by federal regulators & politicians trying to cripple our industry, kicked off a bull market

The US is systemically kneecapping domestic bitcoin & regulated crypto/stables, & tech companies

The train is off the tracks w/ QE & interest rates. The government has underivested in the low carbon transition + grid resiliency, stability & energy security

But it's using us as a scapegoat for: systemic risk, carbon increases, & grid resiliancy. Ironically, areas we can help provide stability on, if given the opportunity (see Texas wrt grids & renewables)

The long term consequence is it's kneecapping it's own competitiveness. Just like offshoring the silicon industry or manufacturing, current decisions will become apparent in decades

This presents opportunities for LATAM & Africa; I'm optimistic they will capitalize on these missteps

Move your fiat out of banks is today's get your Bitcoin off exchanges

It's becoming harder to justify focusing your business ops only on the US:

- outright hostility to our industry & miners

- regulatory uncertainty & regulation by enforcement

- anticapitalistic actions to cut of out access to banking

Countries embracing Bitcoin & creating favourable reg frameworks are stacking the deck for a flourishing economy in decades to come

'Banking crisis' to decapitate crypto banks

'Environmental crisis' tax to decapitate Bitcoin miners

We're fully in the "and then they fight you" stage

Gear up...

Yes, especially when locals who have so much less than you would offer you so much more in relative terms

Traveling builds humility