The VC model dies under a bitcoin standard. Don’t worry, the VC money will dry up before bitcoin is compromised.

This next run up will fundamentally change institutional investing forever. Gonna be awesome.

No. nostr:note1rxldygcq349enw6kerpyxulxgxx3rhpctyl4756x96uuc6v7nxmszqayls

Play fiat games… nostr:note1nz9wafn9mq22aetl9zt9mvc2f54nhl52vxs3rx5fclp7k4epxfjsywgeee

No.

I would change this to “For a company operating on a bitcoin standard.”

In the future I’m not sure you’ll have “bitcoin companies” in the way a few VCs are attempting to seed “bitcoin only companies.”

The bear market really impacts the solvency of a purely bitcoin focused product offering / operation.

Tick tock, next block. GN. nostr:note12k3nfuse8wphladgg5pgyqprjyduz0d86txqa82tz2svvta9f5es08rr8m

Probably never get rid of it. More likely it shrinks tremendously because it now is accountable to an energy money that cannot be tampered with.

This action against bitcoin is incredibly risky for the government. It brings attention to bitcoin and directly fringes on Constitutional right and isn’t enforceable at scale.

Streisand effect about to go hyperbolic as ETFs loom and the halving is imminent.

Steady…DCA and custody your own coins.

Thanks for the cheap sats, Elizabeth Warren.

I’ve subscribed but these newsletters aren’t available on your website. The last newsletter available is from July 9.

This, exactly. Home mining can make sense in the existing marketplace. Unfortunately, when the bitcoin difficulty adjustment ultimately catches up to this arbitrage opportunity, the most efficient way to heat your home will likely be natural gas, again.

Electrical heat is less efficient than natural gas heat. And eventually the profitability of the bitcoin mining will not be enough to cover the efficiency gap. Bitcoin incentivizes efficiency. nostr:note1wdt8564u7nr0hjlqfv9k8z6s3w2ktq6mdl00j5ckrgfj4pn9yv9q9f76jh

Play this ETF rug scenario out…doesn’t it (1) bring attention to bitcoin the asset, (2) give credibility to bitcoin the asset, (3) the inevitable rug on the asset (I.e. move to proof of stake) results in a hard fork that all bitcoiners who hold their coins would just keep holding their coins and mining the old fashioned way (4) and after the inevitable price collapse in the original coin as a result of this tactic, bitcoiners would just pick up all the slack in the traditional market and help bitcoin recover to ATHs in 2-3 years?

Like why is the BlackRock rug more important than the FTX rug, etc.? Those who don’t truly understand the fundamentals of bitcoin or try to shortcut the process will be humbled. In the past it’s been Bob Johnson, in the future it’ll be Larry Fink. Bitcoin DGAS

How could this go wrong?

#fiatendgame

https://www.newsweek.com/biden-wants-give-500000-americans-money-buy-homes-1850587

This article literally means $18M USDs were laundered to this company/founder.

Play fiat games, lose.

https://stocks.apple.com/A7TPidRZLSK-pNtLnIE1AZA

I just thinking that if bitcoiners are incredibly hardcore, they might hold their coins even though someone of offering the entire global money supply for them all. A bitcoiner could just say “no thanks” and if 1M wholecoiners do that with 1 btc each then there are only 900T / (21M-1M-lost coins) … so the value assigned to each coin could be MUCH, MUCH higher than that table. 🔥🚀

Does this account for absolute illiquidity of a majority of the coins? Either due to boat accidents or because as the price goes up for individual coins, the coins held in cold storage goes up in value, too. So it isn’t critical to spend those coins to achieve individual prosperity, maybe ever. Which then drives the price up even further…

This chart assumes all the coins are liquid, for a price (doesn’t it?)

Tick tock

I am tired of the older generations denying younger generations the freedoms promised and protected by the Constitution of this great country.

You will lose Jamie Dimon. You will lose Elizabeth Warren. We will beat you. Through a peaceful revolution. A revolution you cannot stop. nostr:note1yvwsxt5p6xgccxrpsmwra054uf5u0pz8lsjyl7qy9agcr6wrrnkq036nhf

Come on, Qatar. Change the world.