I have no idea what a “beach cruiser” is but I can tell from the vibe here that this is good news all round and I’m happy for you.

cosigning the shit out of this. the most coherent thing to confuse the shit out of people still trapped in a “left vs right” framework would be for Bernie to also endrose it and implicitly ally with Trump, given he (seemingly alone on the national stage) represents what the Democrats used to be when they had actual beliefs.

finger in the air guesstimate puts 70% of elected reps and 90% of dems in the same “party” that you may as well just call “the regime”, never mind “neocon”.

they don’t have “politics” in the sense you might find intellectually stimulating to debate besides their own power and wealth. Bernie actually does (even if you think some of it is a bit nuts) and Trump is arguably even more entertaining: he is pure chaos exposing these fault lines.

I have no idea where I was going with this ramble besides wanting to land on: Trump endorsing Bitcoin was inevitable. embrace it and shame any dems with a moral compass to one-up him and support it even harder. then sit back and enjoy the collapse of the GAE 👍

nostr:note1msn94dg8eelek5kpch3wxw0zet3tu6w2yfrr3tf2mhzwlpram0qqkz6ang

smoothness suggests a continuum whereas you can have infinitely divisible rational dust too 🤷‍♀️

all true, but nonetheless an intriguing and surely positive development that now the good guys can do the buying …

Giacomo is a poopy face constructivist. mic drop. the end.

brb figuring out how to define “almost” in terms of technically rigorous epsilon-delta algebra

“there are almost infinite numbers”

- nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft

😂😂😂

favorite activity is definitely hanging out with allen 👍

YES

- short riot, long bitcoin

- insanely, hilariously risky hedge

- spot-on analysis of why public miners are horrific investments

- (probably unintentionally) massively bullish on future of mining re: decentralization and censorship resistance

- trade as a whole closes the loop on a beautiful speculative attack

…

- 99% of bitcoin twitter seems to have seen “public miners are stupid, we are short” and lost their minds because they can’t read or think.

what they *actually said* is incredibly bullish for bitcoin but most bitcoiners appear to have reading comprehension difficulties so they think it’s bearish, stupid, or both.

nah probably not

I strongly recommend just reading (shock! horror!) the short report. it’s the most bullish thing I’ve seen in a long time:

https://www.kerrisdalecap.com/wp-content/uploads/2024/06/RIOT-Kerrisdale.pdf

this kerrisdale (hedge fund) thing is honestly the best litmus test I think I’ve ever seen in this space 😂

the antizap: for when a note is so bad I get your sats.

good thing I didn’t do that then?

combination of the godawful WBD and a flurry of private conversations people have felt compelled to relate in its wake.

whether you believe the “spook” memes or not, Saylor is so clearly using his influence to pull up the ladder behind him it baffles me he still has any simps left.

and fml it’s clear he doesn’t even understand wtf what he’s talking about whenever he tries to put forward the most palatable version of this take he can come up with.

stripped of “spacetime laser energy” trimmings, his actual take is: “ossify now, scale with custodians, number go up if you’re already in.”

that’s not an entirely unreasonable position, but it needs to be identified more clearly, weighed up mindfully of his technical illiteracy around consensus and forks, and argued against more forcefully in light of these realisations.

okay but how do you know how much hasn’t been identified?

the saddest part of all this is that anybody cares what saylor thinks in the first place 🤦‍♀️