They are a pretty frequent topic of conversation at our local meetups.
Someone threw out that if BTC did have a parabolic type bull run, if they may be interested in acquiring other cash flush companies and then replicating it with them. Like a reverse zombie that currently gets done in the private equity space.
They are going to be a ton of fun to watch in the coming years.
The only theory I've heard that makes sense is that he could do it because he was the original founder versus the typical CEO that is hired by the board and strictly beholden to "not fucking things up." With that, they're more likely to always make the safe play and protect their golden parachute.
I will say, seeing how the strategy has worked over 4 years, I am shocked at least a couple boards out there aren't giving it a shot in some capacity. There are like 100+ major companies out there sitting on $5B+ in cash and some of them with just awful trailing twelve month returns.
I've started posting in another web client because of it.
I'm fascinated by polyglots and one of the dudes I watch recently went to Chongqing. I had always seen that meme of the train going through building in #China, but it is wild to see it in action.
This city looks absolutely nuts from a dimensional perspective. I would be pretty interested seeing an American city try to build vertical like this.
Yeah, that is what they were explaining and why the private equity firms continue to buy them up. I'll try to see if I can find the pod it was talked about and if I can, I'll toss it in the thread.
Welcome aboard! Look at me... You control the algo now!
Looks like the US Government did the "Chase glitch" this month, too.
Yeah, then check out God Bless Bitcoin on YouTube. I believe it is hosted on Swan's channel in agreement with the filmmakers. I think they were in negotiations to get it on major streaming providers but don't know if they ever were successful there.
Right, but these guys are betting on his play, too. Most have covered calls so they could be making 30-40% on those while they ride it out and they're essentially getting that for free.
At least that is how I saw it explained several months back when people were questioning why people were still buying.
If you feel like you're overallocated, you're overallocated. The most valuable thing, to me at least, is peace. I'm not interested in looking over my shoulder, not being able to sleep soundly, etc.
So don't overthink it in this case.
It's probably close to a win-win as one can get. Provided they don't go bankrupt, the investor gets their principle back at worst. If the notes mature, they potentially have a moonshot.
You could also make a case that their Bitcoin holdings is a second insurance policy against bankruptcy so it probably tamps the risk in their eyes even more.
Welcome aboard.
Remember that your timeline depends on your follows so put care into curating that.
That's because it also has a web interface -- it's what I use.
I've never tried it as I don't really try to mess with socials on mobile, but I'd be curious if you could open primal.net in your mobile browser and then see if you could zap.
Like educational? I've been giving out God Bless Bitcoin to newbies. I think it is incredibly well done and can be found on YouTube.
I'm pretty sure that some client out there does this. I surf #introductions daily to welcome or like posts for the newbies, and there are a couple intro posts that have the same verbiage all the way down to spacing and hashtag placement.
First, I don't believe it can go to zero. Even if it does fail, it will have nostalgic or collectible value to a large group of people. It will retain value at some level. But I digress.
I think you need time included in your equation. Getting to infinity could take hundreds (maybe thousands) of years but you only have a tiny subset of the timeline. So in your finite amount of time, will there be something better to store your wealth in? Maybe? I've not seen it on my timeline.
Pivoting to your aversion to risk, that may be where you need to determine if you would rather forgo the opportunity cost of having "too much" bitcoin in exchange for feeling safe or stable.
Just went over there and, as usual, one-clicked logging in with my nostr:npub1getal6ykt05fsz5nqu4uld09nfj3y3qxmv8crys4aeut53unfvlqr80nfm extension.
I noticed that they posted the algo for transparency but I wonder if doing this can't be gamed af. Looks like you have 10 times less notice-ability if you post about Bitcoin and 3.5 times more if you post with #grownostr but I'm not a coder so I may be talking out of my ass. I'll let y'all be the judge:
nostr:note168fmr2k64s0y0xj370h63aj3fdahx0l9emu0v4uw626vpv3tq0uqt2jkwx
Need to deprioritize GM shitposts, too. Having multiple in the top 60 posts isn't a good look. Especially since it appears to be showing the "best" over 4 days.