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Toby McMann
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Bitcoin enthusiast | Nostr only Nosce te ipsum

MSNBC is reporting that the bitcoin strategic reserve is cover for bitcoiners who want a bailout. Or more specifically, "crypto" whales want to sell, but cant for fear of crashing the market, so need the US government to buy from them.

This paranoia is so misinformed, stupid, desperate and deranged, on so many levels, it can only mean that we are winning!

Tick lock, next block.

In WWII, countries needed to settle in gold. No one trusted fiat.

When countries next lose trust in each other, will they accept #bitcoin for payment?

If the answer is "yes" or "maybe," this is another answer for when politicians question "what is the value of a strategic reserve, and why do we need it?"

It is insurance for when no one accepts your full faith and credit, and your future relies on efficient trade for needed goods and service.

Then, for the same reason, countries will want to ensure sufficient hashrate to process its transactions and maintain the integrity of the network.

nostr:nprofile1qqs2xs05tluhtr6hpgsmqqxp04898gayjlyrjlexcrndv8j6el784xqpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq42ldx

Are we calling for Saylor/Microstrategy to get rekt? How 'bout our boy Dylan and Metaplanet? Etc. Are they underestimating the uncertaunty and risks?

(IDK. But I do know that, if it were my money or reputation, I would not do the same, and I have not purchased any of their securities. I don't have the same conviction, I guess. So, I'll just keep staying humble...and watching/learning). 🙏

Replying to Avatar ODELL

LMFAO

This isn't funny.

A spiritual road map ....

Step 1: Forgive yourself. You can't control the current system, its people, their decisions, or what you were taught and incentivized to follow. It's not your fault.

Step 2: Practice humility. Realize there is a bigger world, and you are just a small part of it.

Step 3: Set boundaries and detach from the current system, "separate from the tribe," with love. Jeremiah 9.

Step 4: Find new tribes, offering honesty and vulnerability to healthy people who are additive to your growth and happiness. #nostr

Step 5: Achieve fulfillment, serenity. #pv

Legend.

I'd also suggest that the tecnology's advancement is relatively gradual and steady, continually increasing the opportunity cost of the status quo, making the sudden change to mass adoption more likely over time.

"Gradually, then suddenly."

Right on. Normies also think that it is natural (and even good) for their currency to depreciate, and that taking tons of risk in the stock market protects them.

If Trump wants people to trust the dollar, he might want to start by giving them reason to trust him.

Good morning, freaks.

Separate from the tribe: Lead or die.

So, if I'm understanding Jack, everyone should sleep however long they want, eat whenever they want but, above all, play with themselves.

💯 To me, vulnerability is key. It extends trust, both in yourself and others. Without it, there is no healthy relationship.

Not to be mean but, is it me, or does Brian Armstrong at Coinbase (of NY Agreement infamy) look just like Caillou?

BREAKING NEWS ... Trump demands commitment from BRICS to use the US dollar, or face 100% tariffs.

Bye, bye US dollar. It was fun while it lasted. Like, what do you think is causing BRICS to de-dollarize in the first place?

#bitcoin

If you could travel in time and ask yourself 5 years from now for advice, what advice would you hear from your older self? (And, why aren't you doing it!)

#PV