Ben's BTC stories

Happy new year! Just a reminder that in a fiat based society, we are incentivized to have a banking relationship along with a debt for every asset we own. This is done to avoid paying taxes on profit from selling. The idea is to have an ever increasing amount of assets and debt. This is considered 'wealthy'. Question: who benefits most from this setup? Is it the banks? Why would we want such a fragile setup to be considered the end goal? #bitcoin #finance #wealth

You can live in a world of fiat, or you can live in a world of Bitcoin. This makes all the difference.

I sold fiat today. I also sold fiat yesterday, but I did it again today.

To live in a world where Bitcoin is not used for day to day commerce is to live in a world of devaluating fiat currency.

There will never be enough sellers of Bitcoin and every money printer knows it.

Bitcoin is not the type of digital world the central bankers envisioned.

What makes you feel vulnerable?

Politicians are like Twinkies: never good and never bad.

The common investment advisor who is talking to employees is not talking about how inflation destroys their financial models. Most people are getting seriously misled for their retirement.

So, if mstr has leveraged their Bitcoin, but they don't actually hold the keys to the Bitcoin, this is done by Coinbase. And if Coinbase has rehypothicated their Bitcoin. Then the entire structure is unstable and bound to collapse as any shitcoin will do. How long?

When you pay interest on a debt with the bank, but the bank didn't lend you money, they simply printed it, where does the interest payment go? Is it pure profit for the bank?