GM 🧃

It is imperative that anyone who cares about being able to hold bitcoin in self-custody, mine bitcoin, and send bitcoin in a peer-to-peer fashion makes some noise around the Samourai case. The SDNY is drunk with power and could set a dangerous precedent.

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loans on bitcoin inherently have risk but they can also be incredibly useful

for those that want one, i am confident strike will provide the best and most responsible experience

- secure custody

- dollars instantly in your bank account

- easy and clear ux

- competitive rates

their in-app flow is very clear about risk and liquidation levels, with a high reserve requirement, to reduce loan loss

skepticism is healthy but their product is new and will become better quickly, feedback is helpful

soon:

- roll overs

- lower rates

- proof of reserves

disclosure: ten31 is strike's lead investor and jack is a brother

So i can just start a bitcoin holding company and people will just invest in it to buy and hold bitcoin for them? Alright…

Some are not paranoid enough.

Always know what your next several moves are. Life's uncertain but you can educate yourself to alleviate some risk.

My next TRUTH will be one of the most important and impactful I have ever issued. ENJOY!

Good night ✌️🧡

A LOT OF PEOPLE I KNOW DESERVE TO BUY BITCOIN AT 100K+ BUT THEY CAN GET IT NOW AT 76K. BUT FEW WILL TAKE ADVANTAGE.

Bout that time eh chaps?

node count is easy to fake

anyone can spin up a shit ton of nodes relatively cheaply

this is why proof of work exists

Self custody as we know it is in the crosshairs in America

If the court precendent stands that self custodial software is not free from the Bank Secrecy Act then all self custody software will fail to meet the requirements...creating a defacto ban on running self custodial bitcoin software.

Wallets, nodes, miners cannot comply with the KYC bullshit. This is an inside job between anti bitcoin politicians and the woke DOJ weilding lawfare when they can't win public support or the ballet box.

We are sleep walking into this.

Meanwhile all these soy think boi corpo simps are shitcoining wall street iou's and wearing orange ties.

An 80 year old judge isn't going to give a shit or understand the nuances between the custodial arguements, the nature of shitposting on twitter or the long term implications.

Where have all the toxic Bitcoiner's gone?