Pennsylvania House of Rep introduced a bill that would enable the state to hold #Bitcoin as a reserve asset — Fox Business’s Eleanor Terrett
Maybe i am not understanding something but i think what this author is missing is you want debt in fiat that is being debased to buy something finite. 
My grandmother paid 1000$ for her house in 1950
The average annual inflation rate, based on the increase in house price from $1,000 in 1950 to $800,000 in 2024, is approximately 9.45% per year. 
If you take the average house price it's still higher than the supposed Fed target for inflation
The average annual inflation rate, based on the increase in house price from $7,000 in 1950 to $800,000 in 2024, is approximately 6.61% per year.  
The Big Short movie is about a guy who made $800 million by shorting the stock market
Michael Saylor has made $11 billion buying bitcoin
David Park: “Investors, if they knew the right way to approach, would be thinking 90% about supply, and then fantasizing about the 10% more or less unknowable demand.”
- Ed Chancellor
Unlike demand, supply can actually be forecast… especially with #Bitcoin
$725 billion Bernstein urges investors to add exposure to #Bitcoin and crypto “as soon as possible.”
BlackRock advises an 84.9% #Bitcoin allocation in portfolios
#bitcoin vs Gold 
"The single biggest wealth hack is living in the future."
Futurists are crucial.
They see the world better than it is. People like Balaji & Lex Fridman.
If you want to be wealthy, find out how to use AI or blockchain to solve problems.
Nov 7 1,119.9 
Mike Novogratz says Trump "allowing banks to custody #Bitcoin and hold it on their balance sheet will bring “hundreds of billions” into the ecosystem
Senator Lummis has put forward a bill for the U.S. Govt to buy 200,000 #Bitcoin per year over 5 years for a total of 1,000,000 $BTC
At today's price that would be worth $76 BILLION
From Bill Ackman:
If the election outcome is as I expected, it should cause the large minority of the country who supported @KamalaHarris and predicted her victory to begin to question their sources of truth.
Half the country has believed that @X is filled with mis- and disinformation, and that they could only therefore rely on The NY Times, MSNBC, CNN and other mainstream media for their news. And they did.
If, however, you have been active on @X for the last year, you have known the truth days, weeks and often months before the facts appear in the MSM.
The MSM excerpted, clipped and cut to defame @realDonaldTrump while claiming that @JoeBiden was fit as a fiddle. Then when Biden’s polls collapsed, @KamalaHarris was anointed the candidate and her hagiography was written with glowing acclaim from the press. But this could not hold as she ducked the media and held fast to the teleprompter.
Citizen journalists with their phone cameras in hand captured the real Kamala forcing her to defend her record and her plans in more media appearances. It did not go well and the public demanded to learn more so @KamalaHarris had to risk more unscripted media.
The doom loop was underway with perhaps 60 Minutes as one of the more dramatic examples, even after CBS tried to save her, most glaringly by excerpting one answer to replace a word salad response to another. But the citizen journalists on @X quickly caught and outed this fraud and demanded a transcript.
As many who supported Kamala began to realize that they have been misled, they became open to Trump as an alternative, but they didn’t want to rely on the media to understand him because they did not want to be misled again.
They wanted to hear the candidate in his own words and that is where @lexfridman and @joeroganhq long form podcasts came to the rescue. When Kamala was offered the same opportunities to explain herself, she rejected them. And the voting public could only draw a negative inference.
When the story of this election is written, I expect it will be as much about how half of America woke up to the reality that they have been manipulated by the media. This should lead to an abandonment by many of the MSM as their primary source of information. It will push more people to @X, to podcasts and other empirical sources, and it will lead to a more informed public.
The other outcome I hope happens is the implosion of the Democratic Party. The Party lied to the American people about the cognitive health and fitness of the president. It prevented, threatened, litigated and otherwise eliminated the ability of other candidates for the primary to compete, to get on ballots, and to even participate in a debate. The Party and the administration used lawfare in an attempt to imprison, bankrupt or otherwise kill off Trump as a candidate. These acts are collectively grave threats to our democracy. With the highest irony in order to hide these acts, the Party accused the opposition candidate of being the grave threat to democracy.
The Democratic Party proved itself to be fundamentally undemocratic. It needs a complete reboot. The leadership should be thrown out and those responsible should apologize to the American people.
Honest Abe said it best:
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.
What does all this mean for Bitcoin?
1. For the first time ever, the Government will not be openly hostile to digital assets.
2. It's likely that Banks will soon be able to custody Bitcoin. Remember Biden's Veto of SAB 121?
3. Gary Gensler is gone. Defi and crypto projects of all stripes are in. Innovation is in. Bitcoin can take center stage in this new digital asset world.
4. The unrealized gains tax is dead for at least the next four years. Tax rates are going lower, not higher. This is great for Bitcoiners.
5. We'll probably see "in kind" ETFs fairly soon. You will be able to swap your hard Bitcoin for an ETF without tax consequence in the near future.
6. The US will implement a Bitcoin Strategic Reserve. There will be modest contributions to it. Other Nations will follow suit.
7. Individual States will start their own Bitcoin Reserves. Pension funds and other Institutions will quickly get on board.
8. Tradfi will view as "coast clear" for advisor allocation. The average HNW account will be managed into 3-5% Bitcoin.
9. Interest rates worldwide will go down on the short end. If Powell doesn't comply, he will be bullied out.
10. China will print trillions to save their economy from tarrifs
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UK’s pension fund just bought #Bitcoin for the first time ever 
The next US President will inherit an economic ticking time bomb.
On the surface: America's economy looks unstoppable.
Below the surface: A financial nightmare that's destroyed every great empire in the last 500 years is brewing.
Where is all this government spending happening?
15% of American workers get their paycheck from the government
Federal: 3M
State: 5.5M
Local: 15M
Total: 23.5M government employees
And we wonder why cutting spending is 'politically difficult'..."
There's $450 trillion of capital in bonds, real estate and traditional 20th-century assets. There's $1 trillion in #Bitcoin
2021:
- Bitcoin price November 2021: $69k
- Hash rate November 2021: 165M TH/s
2024:
- Bitcoin price November 2024: $69k
- Hash rate November 2024: 755M TH/s
Remember that I said you can't look at the % of these betting markets now I'm not 100% because these markets are new so they can be gamed but the % is collapsing because the betting markets have very thin order books and at a billion $ in volume is a very small market so a small amount of capital could swing these % a lot. The reason to swim the % I think is less so to influence the election but more because people are placing other bets around the assumption that Trump had a 65% chance which is not accurate.