This ends in either the destruction of modern credit markets or MSTR blows up (because they don’t have all the bitcoin they say they have).
The interview with Saifedean has me a little worried.
Name? Great voice…
Yo nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx & nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy - the zaprite URL for the nostr:npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r Helene fundraiser is no longer valid (and now leads to an amusing “404: nyet-shitcoin” page).
Correct link is this if you could update the feed, or for those who wish to donate: https://pay.zaprite.com/pl_Mibjv4lkEs
Solid nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq episode nonetheless 🤝
It was a solid rip.
Our municipal government just bought brand new F250s for the cemetery division.
Yet another signal that debt is still too cheap.
📈🔥🚀
Unless you’re getting paid to go, bitcoin conferences seem to be one of the most alluring shitcoins out there.
Problem is that the same people get paid to go to them all 🤷♂️
One of the only (if not the only) ETFs not using Coinbase for custody. 🧐
Explain more, please. Or provide a link? Thanks.
nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq delayed due to DUMP?
Yo! The more they talk about it…Streisand effect!
“Show me the bitcoin!!”
I’m not sure that we’re in a healthy credit issuance market. Nor have we been in one for the last 4 years. All the while bitcoin has grinded to ATHs. Let’s see what happens when they make loans available and affordable again … if I could lever up fiat debt on a real estate transaction … smash buy some btc and use the cashflow to DCA more btc, I would.
I am not a software developer. I need that imminent capital appreciation to put the bitcoin model to work in the real world. I have a project in mind … it’s for sale by a friendly acquaintance … he’s indicated he wants to sell it to me … but I can’t afford it without the price rip class of ‘21 was promised.
The popular “both Bitcoin and the dollar can coexist” narrative making the rounds on podcasts the last couple weeks is weak.
The market isn’t stupid. If given the opportunity to own bitcoin or USD, they’re gonna own bitcoin. If the market owns bitcoin then they won’t own US Treasuries. If they don’t own US Treasuries then the Fed will have to buy up ALL the US treasuries. If the Fed is buying ALL the US Treasuries then the private rate for debt will be much much higher than it already is…and asset values typically propped up by with credit will plummet.
From a first principles basis, there is no way a credit based fiat system can “coexist” with bitcoin. Bitcoin obsoletes the current super cheap credit-based monetary system.
It’s uncomfortable and inconvenient - yes - but that is why bitcoin will ultimately be so valuable.
Gotta be sooner than that…
When are the sovereigns going to start stacking themselves?