Bitcoin is1st turning money living in a 4th turning world. Not like the other girls.

What do people think about @npub1ex7m...vyt9 @jack mallers liquidation proof loans? Has anyone seen the fine print? I’ve never levered Bitcoin but it’s tempting. Particularly for my business where my receivables are insured against customer bankruptcies and our margins can support the cost of carry. Feels about as protected as I could possibly be. Also feels too good to be true so….

Has anyone noticed the first half hour of all Bitcoin podcasts are now about AI? No ATH until we get a Peter McCormack interviewing Alex Gladstein quality podcasts back. Fuck!

Until something changes in the world, I think retail is done with Bitcoin. Through the last three cycles, we picked up all the INTJ’s, libertarians and divergent thinkers. No one who “goes along to get along” is taking this ride and that’s most people. The institutions are here, but they want to control and neutralize Bitcoin and are willing to suppress it if they can’t. The good news is that game theory dictates there will be more emergencies in fiat world and that will expand the market for un-fuck-with-able money to a new cohort. The plan: stack sats, chill, let game theory play itself out.

Good read