Almost every bitcoiner I know has stopped trying to orange pill people. Why? Because it never works. Saylor’s at this point. If you come at him clueless or in bad faith, fuck off. He’s selling debt at 0% and a premium convertible because bonds are dying. Negative real rates… no one wants to own more debt that inflates away. And inflation is the only tool left to enable any of the global debt to be paid off. This is the speculative attack Bitstein wrote about in 2014. Amazing tbh. Bitcoin is now being purchased with fresh dollars straight from the debt window. Saylor is exchanging bad money for good right in front of everyone. And he doesn’t have to sell anything to do it. Brilliant Oh, and GM

It’s time for MAGA to evolve into MEGA. Make everything great again.

Finally picked up an original @M A D E X yesterday! I have a few of his prints but this will be my first signed 1/1. Very stoked.

Fearlessness is not the opposite of fear. Conviction is.

I rarely nudge people, because it simply doesn’t work. People hate being sold ideas, myself included. If I do decide to suggest anything to those close to me, it recently has been to find a reason or direct experience that might cultivate curiosity about ‘what is money’. Everyone that puts in the time (100-1000hrs) and discovers the history of money and how our current monetary system works ends up in the exact same place. From my own direct experience and interactions, individuals with the majority of their net worth held in bitcoin is dominated by some of the most intelligent and curious people on the planet. Full stop. That’s the common denominator (mainly the curiosity part). Granted, the USD is by far the cleanest shirt in the fiat currency hamper so the base curiosity level in our country is quite low. Once you discover this on your own, the ‘everyone buys bitcoin at the price they deserve’ meme begins to make sense.

Every time I do my taxes, I hear Allen Iverson on repeat: “We’re talking about taxes…”

Friend of friend, shitcoiner. Trying to show him the light: Question...how do you feel about the BTC index funds? Do they have good upside? Certainly less than BTC ownership but what are your thoughts on those funds? Answer: Good questions. I hold both and was a GBTC holder up until and into the etfs getting approved. ETFs are great for price exposure but there are now many good multisig btc IRA’s (Unchained is probably the most established and trusted). 0.25% avg expense ratios on the etfs vs $250 per year with Unchained. So the BTC IRA is cheaper once you hold >$100k. Coinbase holding 80% of the assets backing the ETFs is unsettling for me, so FBTC gets my vote as Fidelity has their own setup. Creating a self directed IRA, buying the etfs and then rolling them into a BTC IRA over time is a nice gradual approach to ease into self custody. If you want to trade a bit (no cap gains in IRA), the etfs are better suited for sure. My two sats. How did I do?