There are less than 60,000 blocks, or about 1 year, until the next bitcoin halving event. Today, 6.25 bitcoin are produced each block, or about 900 per day. After the halving event, only 450 bitcoin will be produced per day. How many US banks will still exist in 1 year?

Wouldn’t be surprised if the Fed does something like creating an SPV to buy all these bonds at par from distressed banks so they can keep hiking.

CBDC trojan horse: “if everyone could have a safe account at the Fed we wouldn’t have these problems!”

FDIC assets cover only 1.26% of total deposits. The FDIC only has $124.5 Billion on its balance sheet (plus a $100 Billion line of credit). There are over +$22 Trillion in deposits at US banks. They can’t afford a mass bank run. Seek safety in sats.

man I love spring and saturday UFC. bugs aren’t out yet. perfect weather. days starting to lengthen. cheers friends 🤙 https://pbs.twimg.com/media/Fq-o5HXX0AEORgC?format=jpg&name=large

☕️ pv friends. it’s a beautiful spring day here in Texas. https://pbs.twimg.com/media/Fq8jsqeWIAIMJWJ?format=jpg&name=large

I mean…it just doesn’t pay to bet against jon bones jones

Bitcoin fixes this.

X (formerly Twitter)

Russell Fradin (@rfradin) on X

This line from @pmarca is amazing and scary... "We are heading into a world where a flat screen TV that covers your entire wall costs $100, and a ...

really enjoyed wyoming. thanks to #[0]​ for making it happen. hey #[1]​ please lobby to have the TVP LP meeting there every year. 🙏

in position for #UFC285 https://pbs.twimg.com/media/FqassjhXwAAy767?format=jpg&name=large

who do you have for #UFC285? hard for me to bet against jonny bones…i’ve been burned too many times before