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Phil
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Sharing thoughts on BTC, Finance, CrossFit, Atl Braves

Before I was a Bitcoiner, I had a lot of interest in this subject. Bitcoin has instilled in me a strong default position of distrust for government messaging like this. It seems pretty clear that this is just more efforts at public manipulation, even if there might be some truths weaved in

Replying to Avatar StackSats.IO

Mission Impossible II

I just want to leave this here for posterity.

https://en.m.wikipedia.org/wiki/Mission:_Impossible_2_(soundtrack)

Fred Durst got the theme song, Hans Zimmer was Track 12 whilst Rob Zombie was Track 3.

An amazing movie with a soundtrack that the ADL would ban the whole thing outright today.

A critically (and IMO, criminally) underrated movie, especially relative to the other MI movies. It’s always been one of my favorites: incredible action, fight scenes with doves in the background, perfect Limp Biscuit theme song. This was peak 90s/early 2000s culture

Just watched this Justice League episode. Unlimited has been a lot of fun, and you were spot on re: this episode. Poetic and an ode to all things Batman. So fun how they incorporated Mask of the Phantasm!

One thing I didn’t include in the screenshot: Microsoft board recommended a vote against because they are ALREADY considering an investment in Bitcoin. That feels like pretty huge news

The Microsoft Shareholder proposal on Bitcoin is super based and I love it. Voting yes!

#BTC

What do folks think of BTGD? This is the 1.0x levered gold/bitcoin fund. $1 invested gets you $1 of gold and $1 of bitcoin proxies. A few things I noticed were 1% fee and funds relies on BTC futures vs spot.

Thinking about it as an interesting “cash management” tool, obviously not anywhere near cold-storage bitcoin for long-term savings.

Another thing about Saylor’s recent custodian takes. Many have pointed out that of course he’s pro-custodian, as 99% of his net worth is trusted with Coinbase.

But the other thing is that in his mind, there’s no other option for his bitcoin succession plans. He’s likely to leave the bitcoin in some type of perpetual education trust, which by definition will have to have some kind of corporate trustee. Likely not Coinbase, probably someone like BNY Mellon.

For what he’s trying to achieve with his Bitcoin over a very long time period, custodians will absolutely be required.

I’m a “crazy crypto anarchistic” and I’m raising my little future bitcoin owners the same way. But Saylor’s in a different position with different goals.

Yes, that is the right play. I need a third row though, which is limiting. Then again, I could always pick my two favorite kids in an emergency…