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BitLo
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Speaking truth in a world of lies is a revolutionary act ⚡️

Your memes make me laugh!

The signal to take from today is that the early days of Bitcoin adoption are over. Like it or not….this was bound to happen. And I guess that a Trump Admin would be Bitcoin friendly and not adversarial.

I’m sure they will try to steal it again. I think the margin may end up being too high to pull it off this time.

Replying to Avatar Lyn Alden

Bitcoin doesn't need governments to win. It doesn't need governments to stack it. It doesn't need to ask for help.

Instead, the bar is much lower. Bitcoiners, in their preferred jurisdiction, would benefit by not being hassled by their government. They'd like to be able to buy it without problems. They'd like to be able to pay for energy and equipment and mine it in peace. They'd like be able to write open source code without facing legal problems. They'd like to be able to operate reputable businesses related to it. If they can't, then some of them will move as necessary.

It's helpful for the ecosystem to have non-hostile jurisdictions in the world. And for those that can't move without great sacrifice (i.e. most people), it's helpful for them that whatever jurisdiction they are in, is non-hostile.

So it's good that bitcoin is getting into the Overton window. The industry has some power now. Bitcoin benefits from builders and educators and advocates. It benefits from those who do their best to prevent the worst legislative outcomes against self-custody, against privacy, against running a business, against mining, etc.

But Bitcoin doesn't need to pander to them to proactively support us, and bitcoiners should recognize the sliminess of politician incentives when they come to pander to us. While it's in their best interest to build national reserves if they actually figure this thing out, we don't need them to build reserves.

I think that's the helpful line. That's where the signal is. To the extent that we minimize how much we are tread on, and build multi-national accepting footholds to pivot around, we gradually build what we want to exist.

We ask to be treated fairly, we use our resources to help ensure that we are, and to the extent that we are not then we adjust as necessary.

The signal is that the Trump Admin will not be hostile towards BTC and may actually be friendly.

Replying to Avatar Guy Swann

So @Boeing obviously murdered the whistleblower exposing them and the govt doesn't care.

@jpmorgan banked Jeffrey Epstein and his pedo ring for decades to the tune of billions but somehow money laundering needn't be investigated.

But because the nostr:npub16v2dg43sg34m3r2tuw60zqv3t2a59pdr7mqq6vw4qg2wwsdljw0s4fenz8 devs didn't KYC the users of a basic (NON custodial) privacy wallet, the govt is tripping over themselves to lock them in a cement box for as long as possible.

We truly live in the Clown World Age. The real criminals literally run our govts.

#LandoftheFree

It's not clown world. It is corruption and moral decay.

Knowing you two guys got to hang out is great to see. Much love to both of you!

Your friend on the right may get it.

Replying to Avatar Jeff Booth

This clip from Jared Bernstein, Chair of the council of economic advisors, may help alleviate a fear to those who believe “those in power” are smarter than you.

https://youtu.be/RRJ7NUWYyEM?feature=shared

Economics is simple….1) prices fall to the marginal cost of production in a free market and 2) We trade with each other (all over the world) to gain more value.

It just looks hard through a system trying to deceive you to retain its power over you.

It's worse than I thought Jeff. Much worse.