Absolutely. And this is why I object to both businesses (Microstrategy) and governments (El Salavador) just buying and holding Bitcoin. It only becomes powerful when it moves.

The only thing that I say about my own portfolio is that I'm Class of 2017. They can draw their own conclusions.

The coalitions change every cycle. I think the pure populist momentum behind the Trump campaign had a lot more of an impact than any issue position.

Oh, the party survives. the names might change, but that's about it.

The US Dollar isn't going anywhere. Even Putin in Russia came out after Trump secured his victory that Russia would not stop using the US Dollar for international trade, something that is honestly very good for the US. The less we can see divisions in the world, the better.

The government is going to do what the government is going to do. It doesn't matter what I think or what objections I have. I just wanted to put them on the table. Fiat thinking is where most of our real problems come from, and I'd love it if we stopped thinking in those terms entirely. But that won't be for another few decades.

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Ok, that was different. I tried to tag someone in a Note, and nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg would not let me Post until I removed the tags.

When did the fee for automatic purchase in Strike go to zero? It wasn't zero when I started, so I've been adding a 0.05 fee for every transaction in my records, but today I see that there is no fee. I'd like to know how far back to update my data.

Because one of the most important measurements of money is velocity, we want capital to be flowing, moving from place to place being used in transactions. If the USG just sets up a wallet or set of wallets and tries to fill them with as much Bitcoin as possible, it will decrease the supply available and that will likely boost the price, but that's the ONLY thing it will do. That helps people and institutions that already own Bitcoin by strengthening their balance sheets, but it also makes it harder and harder for people who have yet to join the network to buy in and participate.

A Strategic Reserve is FIAT thinking. We did that with Gold because we issued paper currency or bonds that was backed by the gold at a set price, and for a physical material that required storage and was expensive to transport and utilize that made sense. But that's not the reality with Bitcoin, it costs just as much to store 0.001 BTC as it does to store 1,000 BTC. And I do NOT want the government to issue paper currency "backed" by Bitcoin because I won't be able to trust it.

I want Bitcoin to be USED by the government, not just shoved into a wallet. I want it used internally to track capital, from the Taxes that are raised to the Expenses that are paid. I want every department and office of the Federal, State and Municipal governments to track balanced budgets and support real efforts to secure our infrastructure, provide a foundation for our legal systems, ensure that our financial rules are followed and hire contractors to repair and build new physical infrastructure for our utilities and transportation systems that are far more efficient than what we have now.

Wealth and income inequality is something that we should be aware of, and it will get worse if we make it harder for people who live paycheck to paycheck or even credit card payment to credit card payment to get onto the new Bitcoin train. The only way to make it really fair would be to let the value of Bitcoin get to $100,000 and then LOCK the USD to Sats exchange rate at 1000 sats per dollar. But that's not going to happen. Maybe when it reaches $1M in BTC price we can revisit, but I won't hold my breath. Just increasing the fiat exchange rate by holding large amounts in a Strategic Reserve will help the people who already have Bitcoin. I'm thinking about everyone else.

I think the Reserve is the worst thing that the government could do, both for Bitcon and for the country/world.

Very true. All it does is level the playing field. People still have to show proof of work.

I've tried (from Seattle) to encourage people in the refugee camps, and the problem is NOT education or a lack of understanding. It's simply that internet bandwidth is nearly impossible out there. And SUPER expensive when it exists.

That's a fair criticism.

So how do we fix that?

Saw someone posting a wish that they were in a different timeline, and I had to sit and think about it for a while. It seems like that very often, but I've looked at some of the other timelines I could have gone down, and in spite of everything (AND THERE HAS BEEN A LOT), I think the one I'm in right now is the best one and is the one I would choose. The family I have now. The true friends that I have around me now. This community. I think we can make it through whatever is coming, and I'd rather be here than anywhere else in the multiverse.

He should just join Nostr.

Wow, that's cool. Time/Money though. working full time, etc. Maybe something to consider when I retire.

Pay Federal employees with Bitcoin.

Allow taxes to be paid in Bitcoin.

Send Bitcoin to the States.

Track Government revenue and expenses with Bitcoin.

There are so many things that could be done that would help more than just letting it sit in a wallet.

People find Bitcoin at the price they need,

and buy Bitcoin at the price they deserve.

If you put those on your feet, click your heels together and chant "Our economy is healthy" three times, you'll .... what?

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I don't think he was paid off, I think he was threatened and he bent the knee because he didn't have a choice. I was there, in Philadelphia, in 2016. I know how that system works. It was ugly.