nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx there is a coming purity test phase for the bitcoin community that will lead to fracturing.
Keiser is working in the El Salvadoran government so I have to assume he’s doing something right. Kratter has been rock solid for years.
I listen to Max Keiser and Matthew Kratter. Other than that, I’m pretty uncomplex—buy and move to hardware. I’m not too concerned if Swan has a separate buying and selling arm to attract tradfi actors, either. It’s going to happen. I think that for DCAers it could be useful to watch. I have a set amount I plan to save every year and and when I have extra, I save it too. So it makes sense to watch for opportunities to increase my saving and stretch out my drug dollar.
I saw the 4 points. But without any other context it seems like one guy calling the numbers BS. I was a securities lawyer in the past so it doesn’t surprise me that some info is being kept confidential. And the reply from one of the Swan guys said they are waiting until April to release, probably to catch some halving tailwinds. Is it a deeper issue with Swans use of a third-party custodian? I saw that Swan is developing its own custodian company after the Prime banko.
I’m still trying to understand the great sin Swan committed.
Currently reading (slowly). It did adjust my thoughts on market efficiency and risk vs uncertainty. I need to redraft a note I published a while ago, lolz.
I know what you mean. Thinking global can be like thinking Christian, in that I want to have the biggest effect possible on the most important subject, while still operating within practical constraints. The reality of Jesus is global, and we project it locally.
I prefer to think locally. My grandpa and dad taught me to be paying attention to what’s going on around me, because that’s where I can exercise some degree of control. The local government is inevitably more consequential because it controls business and real estate in the area.
What’s the issue with Swan?
Are they rational within the context of their worldview? I don’t think people do things for no reason at all.
If you hold the legal entitlement to particular sats, you own them. The entitlement is composed of 4 elements: 1) in kind enjoyment, 2) monetary compensation, 3) transaction initiation choice, and 4) transaction veto choice. If someone is holding their keys, they are meeting the structure of a property rule entitlement. Moreover, it isn’t merely a number, it’s a particular number in a particular context.
Okay. From a legal philosophy point of view, I think I disagree. I will wait for your essay to drop.
What do you mean you can’t own your keys? Are you implying one can’t own bitcoin?
I don’t get the beef with suits, I’ve got a couple nice suits I like. nostr:note1zfq0l9lfjk3xe38cl05cakgh3ftl8fguk988k4sjmpmkm7a4g98qhstwmd
Currently trying to adopt the MSTR strategy to commercial real estate management. My thinking is that by building a reserve of true capital, owners will become more interested in operating a business that sells space rather than ripping cash out of the building without a genuinely strategic view. The physical structure becomes pp&e on the balance sheet rather than a financial asset. nostr:note14j6z9g482ddkvl3k6ut6jknlhvfjme3k2fhjwvkkhn82azkkkhgqmegfy6
Totally. That said, I believe BTC offers us a tool that can set us on a path toward political structures that reduce the scope and size of conflict.
Sorry, war isn’t going anywhere.