There are many people who have made long term arrangements to ensure their kids and grandkids get access to some bitcoin. They did this because it is a fair set of rules we agree should be in place for at least hundreds of years. Casually proposing we freeze or steal from these visionaries goes against everything bitcoin has ever stood for.

I would rather buy a bond from a company with $50 billion in bitcoin than one with $38 trillion in debt

I would rather receive 1 sat than 1 cent

Whenever I’m feeling bad about yourself I think of all the people who have $120 billion tied up XRP, and then I sleep like a baby

The tax code of most nations is a direct breach of the Universal Declaration of Human Rights

Friendly reminder that every last person who thought it was a good idea to sell their gold for Weimar marks between about 1914 and 1922 learnt a very expensive lesson about fear and greed

Yeah same coins from the “pig butchering” scam

“Establishment of the Strategic Bitcoin Reserve” in a way that is “budget neutral and do not impose incremental costs on United States taxpayers.”

GM! For every year the State hikes the retirement age, it’s another year of forced labor as a tax slave, stealing your time, energy & freedom at gunpoint.

GM! Inheritance taxes means your government has a financial incentive to find ways to kill you.

AI is another form of shrinkflation.

You can be twice as productive with the same amount of time, but without a pay rise.

This allows the central planners to steal from you at an accelerated pace via money printing.

You can defend against this trend by saving in #bitcoin

Feels like nostr needs to experience the sound of an absolute master of his craft oozing Hendrix licks straight from his soul!

Happy Saturday nostriches!

https://youtu.be/ssSN3_z1m60?si=PMR9AoM86D0zxxji

Shrinkflation

I am old enough to remember that a Spotify premium subscription cost €5 per month in 2010 to remove the advertisements

Now it costs over €10 per month and the advertisements back

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The only companies that survive the collapse of fiat will be bitcoin companies & bitcoin treasury companies.

Businesses that store their treasury in legacy instruments will die a slow death, not because they are inefficient, but because they chose an inferior store of value.

The first country to print their own currency to buy bitcoin wins.

nostr:nevent1qqs82qmhc4ewhzm5852gmyn2f6hnxd2p2dw7fdyj528lk6c0uytvacgppamhxue69uhkummnw3ezumt0d5tey3fm

You’re still insanely early to bitcoin because most people still think owning some is optional.

Bitcoin is underpriced while you can still use fiat to buy it.

Once you can only accumulate bitcoin by working for it, I’ll concede it’s at fair value.

Every time I buy bitcoin, I feel sneaky, like I’m ripping off the other side of the deal.

I want to find the seller and ask “are you sure you want to swap my worthless paper for bitcoin? Do you really understand what you’re selling me?”

58k + 58k =116k

Whenever you’re having a bad day, just remember all of those less fortunate than you…such as the people who have $144 billion invested in Ripple and think that’s a good idea.

There will never be any shortage of attempts to steal your property and time.

The only thing that matters is if you have the technology to resist these attempts at theft.

Jurisdictional arbitrage will be helpful here if you find yourself in an aggressive regime.

Rules are only as good as governments ability to enforce them.

How is tax enforcement implemented in practice on an asset where the government cannot prove ownership?

Agree it will not stop overreach to tax physical property. It will allow people to hand down savings without corresponding tax burden. If my heirs receive 12 words and are living in an abusive tax regime, they simply move to a regime that treats them best. Bitcoin ownership (knowing) has no borders.

This is a high priority for me also.

I’ve been stacking sats for my kids every month since they were born, with pretty high confidence that it’s the best savings tech that has ever existed. We’re at such a fortunate time in history where a little savings every month for 20 years will set them up for a secure future with a roof over their heads at least.

I would like to see them financially secure long before I die. There are many reasons for this, but I believe the chances of them marrying and having kids much earlier in life are higher if financially secure. This benefits them, and my wife & I (with grandkids hopefully).