What if you pay the $3,300 and at the end of the dinner pass them $3,400 invoices for Bitcoin security consulting services?

I think Jack is one of the brightest, most innovative minds our country has - big fan. One bone to pick: the Fed’s recent actions were the proximal causes, but the ultimate cause is the their dual mandate. Our central bank is literally forced to be the enabler for a profligate Congress.

It won’t be a actual default. They’ll furlough certain non-essential federal workers who will eventually get paid their back wages. Then they’ll all agree to raise the ceiling again so each side can have something to brag about. Pure theater. See 2011.

I get that the Fed has blown it, but they’re stuck with this stupid dual mandate which means they have to continually clean up after Congress spends like drunk sailors on shore leave.

I try to follow Peterson’s guidance to assume ignorance before malice when you know someone’s mistaken. It gets harder everyday for me to assume Schiff’s anti-Bitcoin fetish is based in ignorance. He’s talking his book.

Apple Pod listener, now a YouTube subscriber. Keep fighting the good fight!

This is one of the most commonly misquoted sayings: “For the LOVE of money is A root of ALL KINDS of evil.” - St. Paul. Nor do I see anything inconsistent with Christ’s teachings in Francisco’s / Rand’s excellent summary (the Parable of the Talents fits particularly well here).

GM. #inflation is a regressive #tax. #Bitcoin fixes this.

Also,

BD. La #inflación es un impuesto regresivo. #Bitcoin soluciona esto.

TL;DR: this rubric helps us characterize #stocks in our universes for each of our investment strategies. I hope you find it useful.

We use a fundamental factor scoring system (worst: 0 to best: 5) to suggest the #quality of the company. Then we project worst case & best case 5 year price targets to estimate the upside potential.

High quality companies (4s & 5s) with attractive upside to our worst case scenario never automatically qualify for #investment, but they do get flagged for deeper #fundamentalanalysis. Good #companies with currently unattractive stock price upsides are considered for our "Bullpen." We are neither deep value investors, nor do we short stocks.

At this point in the #Inflation battle I'd like to be able to say that #ModernMonetaryTheory has lower odds of launching a successful comeback than the Hannah Montana franchise, but I'm preparing to be disappointed.

GM

As the US drained the strategic #petroleum reserve to mitigate price spikes resulting from the #Russian oil embargo, #opec was running Muhammad Ali’s rope-a-dope strategy.

After yesterday’s production cut announcement, the score is officially:

OPEC - 1

US #petrodollar - 0

This is long and complex but the author has a keen understanding of how capital flows globally.

TL;DR: the rapidity of withdrawals which suddenly ruined U.S. banks two weeks ago might have been coordinated and could happen again.

http://www.deepthroatipo.com/how-to-wreck-a-big-old-gsib-bank/

Honest question: why must bitcoin be seen as either / or - as a money or an investment? Interest Rate Parity shows how even established fiats attract capital for short term investments, and Bitcoin offers long term structural potential of 2-3 orders of magnitude greater than fiat. For the foreseeable future it looks like both to me. What am I missing?

100% - I just worry about how suddenly it might happen.

$USD - the cutest kitten at the fiddle factory

#inflation is an evil regressive #tax.

Well, it’s the Orthodox Great Lent fast so I’m trying not to think about eggs!

If you were to pair a long position in Bitcoin with a short position in one other asset class, with the expectation that you would close out both in 4Q25 (~18 mos after the next halvening), which would it be? Office REITs? R1000G?

Great story and advocacy! I wish the regulators who didn’t take action would own it, or at least that they would be run out of town but alas…