@jack mallers your proximity to the money printer has always been an edge for you. Congratulations Jack. Hopefully this doesn’t turn to tradefi #ico @twentyonecapital

Here’s the bull case for Twenty One Capital—why this could be a generational bet on Bitcoin infrastructure: ⸻ 1. Third-Largest Corporate Bitcoin Holder – Instant Credibility • Launching with 42,000+ BTC puts it just behind MicroStrategy and Marathon, giving it immediate name recognition and relevance in institutional Bitcoin circles. • Investors looking for direct BTC exposure without ETF constraints may flock to it—especially if it trades at a discount to NAV. ⸻ 2. Jack Mallers = The Bitcoin Maximalist’s Champion • Mallers isn’t just a figurehead—he’s deeply embedded in Bitcoin payment infrastructure (Strike). • His leadership can attract top talent, retail loyalty, and Bitcoin-native institutional partners. • He’s publicly aligned with Bitcoin’s ethos: open, decentralized, self-sovereign money—something institutions increasingly want exposure to. ⸻ 3. Strategic Investors with Deep Pockets • Tether, SoftBank, and Cantor Fitzgerald are no small players. • Tether brings access to liquidity and stablecoin rails. • SoftBank injects credibility in Asia and emerging markets. • Cantor opens doors to Wall Street pipelines and compliance infrastructure. ⸻ 4. Bitcoin-Native Financial Infrastructure = Blue Ocean • Twenty One isn’t just buying BTC—it plans to create Bitcoin-denominated capital markets. • Metrics like Bitcoin per Share (BPS) and Bitcoin Return Rate (BRR) could become standards for BTC-native companies. • If successful, this sets a new financial paradigm where Bitcoin is not just an asset—but the unit of account. ⸻ 5. The SPAC Route Could Be a Trojan Horse • SPACs are hated right now—but that’s the point. • If this trades at a discount to BTC NAV, it gives value investors and Bitcoiners a liquid, tax-advantaged entry point. • Could attract activist investors, especially if they hold real BTC versus paper claims (unlike ETFs). ⸻ 6. Network Effects from Partnerships • Potential @strike Strike + Tether + Cantor integrations could enable: • Global payments (via Strike) • BTC-backed credit markets • Bitcoin-native treasuries for emerging market firms • Twenty One could monetize Bitcoin beyond hodling—as a base layer for financial services. ⸻ 7. Regulatory Moat Over Time • The alliance with Cantor and SoftBank gives it a leg up on navigating U.S. regulation. • If stablecoins or Bitcoin infrastructure firms get licenses, Twenty One could be first to market with Bitcoin-native ETFs, insurance, lending, etc. ⸻ Bottom Line (Bull View): Twenty One isn’t just long BTC—it’s long Bitcoin as a monetary system. If executed right, this becomes the Berkshire Hathaway of Bitcoin, building and acquiring BTC-native infrastructure while the rest of TradFi plays catch-up.

Here’s the bear case for Twenty One Capital—why this new Bitcoin-native venture could underperform or unravel: ⸻ 1. Bitcoin Exposure = Volatility Amplifier • Holding 42,000+ BTC at launch makes Twenty One a leveraged bet on BTC price. • If Bitcoin corrects 30–50%, Twenty One’s equity could collapse, echoing what happened to MSTR in past drawdowns. • Lack of diversified assets makes them vulnerable to macro risk (Fed tightening, ETF outflows, etc.). ⸻ 2. Tether Involvement = Trust Issue • Tether (USDT) still faces transparency and regulatory scrutiny around reserve backing. • If Tether faces a serious legal or liquidity event, Twenty One could suffer reputational and financial contagion, given their ownership stake. • Critics may view the venture as an attempt to use Bitcoin optics to whitewash existing risk exposure. ⸻ 3. SoftBank’s History with Tech Bets • SoftBank has a mixed track record (e.g., WeWork, Katerra, Oyo). Backing high-conviction, high-volatility companies without clear exit paths. • Their involvement signals capital, not necessarily strategic soundness. ⸻ 4. Public Markets & Regulatory Pressure • Taking this company public via SPAC invites intense SEC scrutiny. • Bitcoin-denominated metrics like “BPS” and “BRR” are unorthodox—could be misunderstood or rejected by institutional investors. • Regulatory crackdowns on crypto firms, stablecoins, or self-custody could force structural changes. ⸻ 5. Mallers as CEO = Binary Risk • @jack mallers is visionary, but not tested at the helm of a multi-billion dollar public company. • Strike has had limited success scaling beyond Bitcoin maxis. • Execution risk is high—can he pivot from startup rebel to corporate leader? ⸻ 6. The SPAC Curse • SPACs have a terrible track record post-merger. Most drop 50–90% within 24 months. • Investors might front-run redemptions, especially if BTC drops during de-SPAC window. ⸻ 7. Lack of Product or Revenue Strategy • Owning Bitcoin is not a business model. • If no real Bitcoin-native financial services (custody, yield, payments) are offered, it’s just another BTC ETF with overhead. ⸻ Bottom Line (Bear View): Twenty One might be a Bitcoin ETF wearing a hoodie. Unless it builds real infrastructure, it’s exposed to BTC downside, SPAC dilution, and regulatory risk—with limited upside if it’s just a holding vehicle.

😬

J = (Σᵗ(Δᵢ • πᵢ) + β₁·BTC + β₂·MSTR + λ·F) / (R + C)

This pos is a scammer from France running @SatsFaucet on the bird app www.satsfaucet.com I have recommended a lot of #plebs to this site. I have a great crew, but unfortunately this asshole has decided not to pay users in two months while he collects payments from these different paywalls. Spent a lot of time debugging and troubleshooting for this scammer now to ghost everyone he owes hundreds of thousands of sats too. Help me find this piece of shit #plebchain #scammer my crew is actively reporting every paywall, his AWS hosting, Cloudflare. You can help by leaving a one star review. They tried to leverage trust pilot reviews. Help me change that. It’s not about the sats It’s about the principal. https://www.trustpilot.com/review/satsfaucet.com

#badmedicine is what I need

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Jerome to the rescue

#gm #nostr #plebchain

Below 200D moving average #chatgpt

Aye @strike #plebchain

Normies watching their Bloomberg terminals this morning #gm #nostr #plebchain #coffeechain #gfy

#amen

My #nerdminer predicts price 🤣

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The bullish case for Bitcoin ETF options is based on several factors that could drive significant growth and further adoption: Institutional Adoption and Liquidity: The approval of Bitcoin ETF options could greatly increase institutional participation. Institutional investors, who were previously hesitant due to lack of regulation or custody concerns, will now have a more accessible, regulated vehicle to gain exposure to Bitcoin. This could lead to a massive inflow of capital into the Bitcoin market, increasing its liquidity and stabilizing its price over the long term. Leverage Increases Returns: The introduction of leverage through ETFs allows traders and investors to amplify their potential returns on Bitcoin. While this can increase risk, it also opens the door for investors to capture greater upside without the need for constantly rolling over options or using complex trading strategies. Over time, this could drive more sustained demand for Bitcoin, especially during bullish market conditions. Unlocking Synthetic Exposure: Fractionalized banking with ETF options allows for greater financial innovation. Investors can now gain exposure to Bitcoin’s price movements without directly holding the asset, reducing friction for participation. This makes Bitcoin more accessible to a broader audience, from retail to large-scale funds, and enhances its integration into traditional financial systems. This synthetic exposure could lead to exponential growth in trading volume and demand for Bitcoin. Volatility Can Fuel Demand: Bitcoin's inherent volatility, combined with leveraged ETFs, could actually drive more speculative interest. Traders love volatility because it provides opportunities to profit from both upward and downward price movements. With Bitcoin's known upside potential, leveraged ETFs offer high-reward opportunities, which will likely attract more capital to the market, leading to even larger price moves on the upside. Scarcity and Inability to Dilute: Unlike stocks or other commodities, Bitcoin has a fixed supply, which cannot be diluted or increased by any central authority. As demand grows due to ETF adoption, the capped supply of Bitcoin could result in price surges. The scarcity dynamic will likely continue to drive Bitcoin’s value, especially in a world where fiat currency is often subject to inflation and money printing. Institutional Maturity and Risk Management: With the involvement of regulated entities and financial products like ETFs, the market will likely mature, attracting higher-quality participants. This could reduce some of the wild price swings seen in the unregulated crypto market while allowing for greater market efficiency. Institutional hedging tools will allow investors to manage risk better, making Bitcoin a more attractive asset for large portfolios. Mainstream Legitimacy: The approval of Bitcoin ETFs by regulatory bodies like the SEC is a huge step in legitimizing Bitcoin as a mainstream asset. This move could pave the way for further financial products, like Bitcoin pension funds or more advanced derivatives, further embedding Bitcoin in the global financial system and expanding its user base. As Bitcoin becomes more recognized, its value as a store of wealth could increase, similar to gold. Gateway to Broader Crypto Adoption: Bitcoin’s entrance into the regulated financial system through ETFs could serve as a gateway for the broader cryptocurrency market. As Bitcoin ETFs gain acceptance and perform well, other cryptocurrencies could follow a similar path, leading to increased interest and investment in the overall digital asset space. In conclusion, the bullish case for Bitcoin ETF options lies in increased institutional adoption, accessibility for retail investors, leveraged growth potential, and Bitcoin’s scarcity. The approval of these ETFs represents a significant leap toward Bitcoin’s integration into traditional financial systems, potentially driving its price higher and solidifying its role as a major financial asset. #plebchain #nostr

Satoshi vs. MilliSatoshi (mSats) Satoshi and milliSatoshi (mSats) are both units of measurement used in the Bitcoin network. They represent smaller divisions of a Bitcoin, which is the primary unit of currency. Satoshi: This is the smallest unit of Bitcoin. There are 100 million satoshis in one Bitcoin. Think of it like a penny to a dollar. MilliSatoshi (mSats): As the name suggests, a milliSatoshi is one-thousandth of a Satoshi. It's a much smaller unit, often used in microtransactions or when dealing with very small amounts of Bitcoin. To summarize: * 1 Bitcoin = 100 million satoshis * 1 Satoshi = 1,000 milliSatoshis Why use mSats? Micro-transactions: mSats allow for very small transactions, which are essential for certain use cases like paying for small items or services. Lightning Network: The Lightning Network, a layer-2 scaling solution for Bitcoin, often uses mSats to facilitate fast and low-cost transactions. In essence, satoshis and mSats provide flexibility in representing different values of Bitcoin, allowing for both large and small transactions within the network. #ask #nostr #plebchain #learnstr

Decentralization of Power and Money: A Comparison Decentralization is a concept that involves distributing #power or control away from a central authority. This idea has been applied to various aspects of society, including government and finance. The decentralization of power through arms and the #decentralization of #money through Bitcoin share some intriguing parallels: Decentralization of Power through Arms Individual agency: Citizens armed with #firearms have the potential to exercise individual agency and resist #government #overreach. Check on authority: A dispersed ownership of weapons can serve as a check on the power of governments, preventing them from becoming overly centralized or oppressive. Historical precedent: The American Revolution is often cited as an example of how an armed citizenry can overthrow a tyrannical government. Decentralization of Money through Bitcoin Individual agency: Bitcoin users have control over their own finances, without relying on intermediaries like banks. Resistance to censorship: Bitcoin transactions are difficult to censor or control, making it resistant to government interference. Global reach: Bitcoin operates on a global network, making it difficult for any single entity to dominate or control. Key Parallels: Empowerment of individuals: Both concepts empower individuals by giving them more control over their lives. Resistance to centralized authority: Both decentralization of power and money aim to limit the concentration of authority in the hands of a few. Historical significance: The idea of an armed citizenry has deep historical roots, while Bitcoin represents a more recent innovation. Differences: Nature of power: The decentralization of power through arms is primarily about political authority, while the decentralization of money is primarily about economic authority. Technology: Bitcoin proof of work blockchain technology, while the decentralization of power through arms is not tied to a specific technology. Risk: The decentralization of power through arms can potentially lead to violence or instability, while the decentralization of money is generally seen as a positive development. In conclusion, while the decentralization of power through arms and the decentralization of money through Bitcoin share some similarities, they are distinct concepts with different implications and risks. Both ideas have the potential to empower individuals and limit the concentration of power, but they also raise important questions about governance, security, and societal stability.