BitcoinBadger's avatar
BitcoinBadger
bitcoinbadger@primal.net
npub1zley...pppa
Retired Analytics consultant turned tennis and pickleball teaching pro and high school tennis coach…spend hours a day reading/learning about #bitcoin and economics/geopolitics.
Reminder that I'm not a Trump fan (although I voted for him twice). I still have to reconcile the possibility of doing it a 3rd time or simply not voting at all or throwing my vote away on an IDEOLOGICALLY more suitable candidate (so they can capture 1-3% of the vote, or less). Blue team is a non-starter for me... Just sharing because I liked the #meme image
==== the bureau now says we lost almost 300,000 job openings last month. Worst they revised down the previous month so that comes to 750,000 lost job openings in just 2 months Those following along at home that makes 2 million lost openings in the past year even by the bureau's creative math ====
Sticking with the "lying government numbers" theme - revisions of all the "beat estimates" numbers continue to be DOWN. You know, the revisions that never get reported by MSM? image The economy is great! I'm glad I'm semi-retired...also glad that I started saving in #bitcoin. Otherwise, I'd be worried that my retirement funds would NOT last my lifetime. After initially hearing Michael Saylor bring it up (maybe a couple years ago), and then reading Mark Moss' book and playing with his spreadsheet on the topic, I'm looking into the "borrow, never sell" approach to bitcoin. Now I see @BTC Sessions did a video on DEBIFI...and I was doing some reading on their website. Very interesting...
I know I need to ultimately get around to doing this (I'm 56 and incredibly healthy...but things happen). I'm currently making the classic error of waiting for price to go up to then "afford" to do this level of legacy planning for asset transfer...as well as setup multi-sig across jurisdictions/etc. Because I setup an IRA - and through current legal precedent (McNulty) aren't allowed to hold a quorum of keys - I've held off on pursuing multi-sig. image
==== the interesting bit is that it’s always the same people embracing it. over and over. the chants change, but it’s the same segment of the same lost generation of kids bereft of identity and seeking community but having no idea what community actually means, like they saw a picture of it once and they know how they want it to make them feel but that they have no idea how to actually join it as member and contribute. they don’t know who they are, so they adopt tribal markers and identities and ideologies and mistake mass formation for civilization in hopes of finding acceptance of some sort. ==== image
Peter Shiff is absolutely wrong about any #bitcoin opinions - to the point of being disingenuous since he probably holds it - but he isn’t wrong about a lot of things “gold” (including investing in gold miners, savings vs investment, etc). He also agrees with Bitcoiners about the macro picture. Good interview by Natalie Brunell
How long before Elizabeth Warren's 1% wealth tax for Bitcoin holdings over $500k moves closer to 44%. And if they are arresting people working on mixing solutions...is anyone truly coming up with a "how to" for out-of-country residency and how to minimize these types of punitive taxes? Preferably while playing within a legal framework that doesn't have us getting arrested for tax evasion when we come back to the US to visit family? Because Bitcoiners are getting ready to have a heck of a lot of wealth - and much/all of it was purchased KYC (even if now in cold storage). image