Up early.
Great to see! Amazing 👏🏼
There isn’t a day goes by where there’s an article published which doesn’t reinforce that I made the right decision moving my super into self custody #Bitcoin in an #smsf
Very excited we launched this today!
The #Bitcoin Adviser
“The only incorrect allocation is 0%”
https://www.thebitcoinadviser.com/blog/welcome-to-the-bitcoin-adviser
And you have to pay in so many ways!
FDA Approves First Pill Containing Human Feces https://www.zerohedge.com/medical/fda-approves-first-pill-containing-human-feces
What a load of shit!
Wild day here in Sydney! 
I don’t enjoy his stuff, if you’re a hammer everything looks like a nail. And he’s been trained to be a hammer his whole career.
I had to do a #tldr…
“The thread discusses the importance of Bitcoin as a US national strategic priority, drawing on the author's research as an active-duty officer & US National Defense Fellow. The author compares the skepticism towards Bitcoin with General Ferdinand Foch's dismissal of airplanes in warfare. They argue that Bitcoin is more than just a new form of money or payment system and should be viewed as a new technology for securing resources.
By studying nature and human society, the author explains that physical power is used to secure resources and freedom of action in every domain except cyberspace. Cybersecurity has been struggling with the reliance on encoded logic, but the author believes that Bitcoin's proof-of-work system represents the missing piece for using physical power to secure cyber resources.
Bitcoin operates through a global-scale physical competition, enabling society to project power in, from, and through cyberspace. The author argues that the West, particularly the US, must become the best at utilizing this technology, as rivals like Russia and China are already leading in this area. They suggest that failing to recognize the military value of Bitcoin could have similar consequences as underestimating the impact of airplanes in warfare. If the author's assessment is correct, Bitcoin could usher in a new era of peace and prosperity as a non-lethal power projection technology.”
Now I understand, but whether leverage is used or not, it feels like collecting pennies in front of a steam roller when you divide everything by 21 million. https://twitter.com/balajis/status/1654524233551339520?s=61&t=jZcKMu2JoYH-PDPjHP09tg
You get, I get it, he’ll get it eventually. There will no doubt be an acid capitalist video in the future talking about #bitcoin 1000x and how much better it was than $TLT
Nice, took my daughter out on a ferry today and saw a pirate ship out at sea! 
There’s a lot of statists in London today!
He’s nearly getting there. Most tradfi guys would never go 100% all in anyway. They all have diversification for wealth preservation never mind growth.
#zapathon 
And #bitcoin is too volatile? 
He thinks a leveraged play with TLT will make lots of money however I was more interested in him nearly getting there with #bitcoin
Acid capitalist is spot on. Hugh calls it straight, we’ll worth a few mins viewing.
“The article highlights the potential for a significant credit crunch in the US, as half of the country's banks are already insolvent. The situation is primarily due to the crashes in the US commercial real estate and bond markets, which have combined with $9 trillion in uninsured deposits within the American banking system.
The Federal Reserve's monetary tightening is cited as a major factor in this crisis, with the full impact yet to be felt. More than 2,315 US banks are currently sitting on assets worth less than their liabilities, and the market value of their loan portfolios is $2 trillion lower than the stated book value. This situation includes large banks and even a globally systemic entity with assets of over $1 trillion.
Commercial real estate is particularly vulnerable, with a deep slump in the early stages. US commercial property prices have fallen by 4 to 5%, and a peak to trough decline of 22% is expected, which could create a "doom loop" that accelerates the downturn and feeds back into the banking system.
The US Federal Reserve is planning to continue raising rates and shrinking the US money supply at a record pace, despite the potential for a systemic banking crisis. The central bank faces a difficult choice between two negative outcomes: capitulating on inflation or allowing a banking crisis to reach systemic proportions. The Fed has currently chosen to risk a banking crisis.”