Thanks, did he clarify else where? I saw a post where he just said it needed to be redacted, that would be a good reason. He’s on fire though. I’m half way between understanding what he’s saying and thinking he’s like that guy in Beautiful Mind who makes connections with everything based on circumstancial evidence.

Trademarks are a fuck if you do, fuck if you don't type of law.

Was not an easy decision, but had to be made. I own it.

If you don't defend it, you lose it.

And If someone made an evil version of our products we would have less recourse.

Running your sales site of your knock off out of the same repository as your codebase is retarded. Trademark has nothing to do with the code.

Things are never as simple as the cancel ppl try to make it be.

The drama seems to always originate from the same sources...

Prediction for the next year in #Bitcoin:

• We will have a healthy pullback from this short run

• People w/ BDS will tweet "See! It CrAsHeS!"

• It'll calm down, start a slow climb, & then rocket up again

• BDS-ers will scream "BuBbLE!!" for the 173rd time

• It'll have a healthy pullback

• Rinse and repeat as #Bitcoin climbs into the multiple hundreds of thousands

• BDS-ers will get increasingly insane and frantic, "IT DOES NOTHING!" "NO UTILITY!" "THIS IS SO DANGEROUS TO OUR ECONOMY!" "SOMEBODY DO SOMETHING!"

• There will finally be another very needed and prolonged correction down to a level about twice the previous ATH

• As we find a stable price in the low to mid $100K, the BDS-ers will claim victory and constantly say "I told you so."

• Bitcoiners will keep building, keep stacking sats, keep using it as their money, and keep watching things get cheaper as priced in #Bitcoin

... and in another couple of years we will do this all over again... AGAIN... just adding another zero to the price.

(save this note)

This bull run I didn't feel very elated. I still like seeing ngu but I started to question what's it all for without kids.

That dampened everything big time.

I have yet to share my personal #Bitcoin journey, but I believe now is the right time to do so. It marks the beginning of my descent into the Bitcoin rabbit hole and, much like the Bitcoin White Paper itself, my story is closely tied to the financial crisis of 2008.

This account is deeply personal, laced with self-pity and a sense of stupidity. That's why I've kept it private and not even shared it with my closest friends, but I think it's important to share it now with you. Giving back to a community I received so much in the previous years. All too often, those who fall victim to the shortcomings of the fiat system internalize the guilt, unaware that they are being taken advantage of by a corrupt fiat system.

My parents, hardworking individuals who dedicated their lives to building their own business from scratch, had little time to acquire financial education. In the early 2000s, they were advised — like many companies and individuals in Austria — to finance their company/house with a Swiss franc loan. The arrangement was complex and opaque, involving multiple loan accounts and significant commissions for both the bank and our financial advisor. My parents, trusting the system, unknowingly became entangled in a speculative gamble, exacerbated by the euro's introduction and the franc's relative strength over time. It turns out that debt in a strong currency and income in a rapidly depreciating currency have only one outcome: Default over time.

As a result of the financial crisis of 2008, the Swiss National Bank could no longer suppress the upward pressure on the franc in 2014 and the fallout was inevitable. Overnight, my family faced a substantially larger loan burden than initially anticipated, to threaten us to file bankruptcy and lose everything we worked for in the previous decade. This devastating turn of events — driven by corrupt banking practices and greedy financial advisors — left an indelible mark on me. As a young man, witnessing my parents' hard-earned savings and efforts eroded by a system they trusted was enough to cement my distrust of financial institutions forever. At this point in time I made a promise to myself: Trust no one, educate yourself and verify.

A few years later, I discovered Bitcoin. It clicked immediately. Here was a decentralized, incorruptible solution to the very problem that had caused so much pain for my family. Bitcoin represented a chance to opt out of a fiat system riddled with perverse incentives and predatory practices. My family's experience — our suffering under the weight of a corrupt financial system — motivates me to advocate for Bitcoin adoption. For this reason, I will never trade my Bitcoin for fiat currency ever, no matter the fiat price. It represents more than wealth to me; it’s a symbol of resilience and justice, a way to honor the sacrifices my parents made.

Looking back, I am almost grateful for this painful chapter of my life. It woke me up and set me on a path I might not have found otherwise. Many people experience similar losses at the hands of the fiat system without even realizing it because the theft happens incrementally, through inflation and hidden costs. Fact is, that honest, hardworking individuals are being robbed every day — second by second — by a system designed to erode their purchasing power over time. Like my parents, but more gradually.

While it’s exciting to see Bitcoin’s fiat price increase, that is not its ultimate value. Bitcoin represents so much more. And I know, many others who HODL Bitcoin not for fiat wealth but for deeply personal reasons — reasons rooted in justice, independence, and freedom. For those of us who have been wronged by the current system, Bitcoin is not just an asset, it’s a revolution for a better future.

Yours forever thankful, Carl. 🧡

> As a result of the financial crisis of 2008, the Swiss National Bank could no longer suppress the upward pressure on the franc in 2014 and the fallout was inevitable.

Wait what? The value of fiat went *up*?? I thought central banks were these evil entities that steal by depreciating the value of money. Up is good down is bad.

So which one is it now, is up good or bad?

Good morning! I had some beef bacon for the first time. Damn good!

Has your wife been humbly and faithfully HODLing alongside you for all these years?

She watched as her friends went on fancy vacations, had their kitchens renovated, regularly got their hair and nails done, and went on shopping sprees while she stayed home in her old sweatpants.

It’s time to buy her something pretty.

What a difficult day I had. 😞😞😞

Copium. You're just too much of a coward to firebomb the Walmart

Dude Bob Burnett just did a great pod on this subject on bitcoin matrix called Hash wars. An easy listen

🧡👊🏻🍻

Story time:

6 years ago my mother in law was left penniless in a surprise divorce at age 67.

My father in law (piece of shit) had left her with nothing and planned to dump her on social security.

She was working as a pre school teacher making $14 an hour.

We had to move fast.

Father in law literally shotgun divorced her.

Showed up at the doorstep with a notary and manipulated an emotionally fragile woman into a binding legal agreement.

I was pissed.

I showed up a few hours later with a series of financial plans.

And with tears still streaming down her face in the kitchen of her tiny apartment, she picked one.

I gave her 3 options.

1. Aggressive

2. Extremely aggressive

3. Dave Ramsey rice and beans

She chose number 3.

Over the next 4 years she rode her bike to work everyday. Watered down her lemonade. Spent nothing on herself. Walked dogs for extra income. Took weekend shifts at the preschool. Showed up early. Stayed late and against all odds was able to save 12k a year on a salary of only 27k.

I set up a couple retirement accounts for her and whenever she would scratch $1,000 together she would give it to me and I would smash buy GBTC or MSTR.

My mother in law has never invested a day in her life and I didn’t want the news or some boomer friend to freak her out, so my wife and I just tell her she’s invested in “the market” 😂

When Bitcoin (the market) is doing good, we tell her and when it’s not we just… don’t tell her lol

So she’s effectively shielded from the emotional volatility of hodling. Which makes her a very good hodler.

Fast forward to today.

I helped her retire from the preschool. She is now living with us and helping look after her grandchildren.

She went from being near suicidal. My wife and I were legitimately concerned about her mental health. To a happy healthy and vibrant grandmother.

And as of yesterday she crossed 500k in retirement accounts.

I expect she’ll be a millionaire soon.

She can now comfortably retire with dignity.

This is not something that would have been possible without Bitcoin.

As cool as it is to see people like @saylor make billions of dollars these are the stories I live for.

The average person fixing their life with bitcoin.

It’s so fucking beautiful man.

Life’s good.

„​Think about it logically, if it costs $80k to mine a Bitcoin today then it would require roughly tripling the hashrate of the mining network to bring it's marginal cost of production to $250k. Bitcoin is already the largest computational network on earth by a significant margin after 15 years. Do you really think that in less than 1 year we can triple it? This becomes more unlikely the older and larger the network gets.”

Can we say that marginal cost of production is BTC fair price and market price in long term follows it? This might be another explanation of price pumps and following corrections. When market price is detached from fair value it must collaps. This detachment in bull run goes higher as financial markets liquidity is higher than commodity (ASIC) market liquidity.

Not sure if I get it right.