The Trump admin told us they were looking to acquire Bitcoin with a "budget neutral" strategy.

Well, they may have just found one:

Engineer a short squeeze on gold, revalue the gold holdings at the peak, and buy BTC.

70% of the world's gold is refined in Switzerland.

So what happens when you slap Swiss exports with 39% tariffs, including the gold bars that New York-based Comex accepts for deliveries?

Suddenly the gold shorters in the United States have a much harder time sourcing gold to cover their positions.

Which means they need to buy existing spot or futures, driving the price higher.

An aggressive short squeeze could force gold towards $6,000 an ounce.

Which would allow the US to revalue its holdings to ~$1.5 Trillion, which would then be deposited into the US Treasury's account.

What could they buy with that $1.5 Trillion?

A ton of Bitcoin.

Are the strange 39% tariffs on Switzerland (nearly the highest in the world) a tactic to force a gold short squeeze so they can revalue their holdings and acquire a dominant BTC position?

Let's see 🍿

Exactly.

Ever hear of the 21.co bitcoin miner? It was this little single board computer with an asics and all it could do was mine these silly things called millibits but it took like a month or more. I think that was the last era where you could actually eventually pay for your miner as a home hobbyist…but it took like a decade to break even 😂

My 2 bitaxes bring in about 100 sats per day. At a cost of about double what the market rate of sats is. At this rate, it’ll be a long time before I get in to positive territory, and will never do better than just having bought the sats directly, but it’s fun.

We're homeschooling. We want to socialize our child by connecting with other local homeschoolers.

- There are literally zero local groups who maintain a current website of any kind.

- They use Facebook groups exclusively.

- They use GroupMe chats to organize and discuss goings-on.

- All signups for co-op classes or activities are done with Google Forms.

- All documents that are shared are through Google Docs.

- Photos from activities are shared on Facebook.

- Nobody involved knows that any of this is a problem.

I am completely lost on how to regularly participate without undoing all my hard work. Right now my plan is to duplicate their privacy-violating services with FOSS and self-hosted options, then try to find a few who will consider using those instead. They're tolerating me currently, but one is already obviously frustrated that I can't just be found and added to groups with the app.

I was blindsided by the ignorance of the homeschool community. There's very little thought present of freedom or sovereignty, in privacy or money. Everything is permissioned, centralized, and doxxed.

I'm not mad, I'm just disappointed. We'll keep on keeping on, but it would be nice to have some switched-on locals to supplement the good Nostr crowd.

nostr:nprofile1qqsrkl7gyds37xh2af37uwlknvjm32ska3hgr5d0cwgzdqy0ux2r2ncpzemhxue69uhhyetvv9ujuvrcvd5xzapwvdhk6yscnpy Curious to hear your thoughts or suggestions on this, also.

Let that sink in…

“cutting rates” is not synonymous with “printing money”

What's the book that had the biggest impact on your life?

I will start. 👇

#asknostr

I'll buy #Bitcoin weekly for the rest of my life, simply as a silent protest against our crazy fucked up fiat bullshit world.

So much absolutely totalitarian shit going on right now. Go and stick your paper notes up your fucking asses.

I am buyer of last resort. FOREVER.

Swiss "generally" don't mind, even bitcoiners, i find it fascinating. Paying tax sucks a lot less when money is spent locally and not on war.

Are you Peter Todd in disguise?

How often are you exchanging fiat dollars for BTC in your DCA plan?

Daily? Weekly? I want to make sure my plan is not dumb...