There we go!

Hi @Lyn Alden, if the introduction of new payment computers could theoretically expand the monetary base at a rate that offsets quantitative tightening (QT), then in a vaccum the 'money multiplier' might remain unchanged. In other words, if this happens, no cash would be retired—it would simply require an infinite amount of trust no one is taking advantage, right?

Until bitcoin takes over, risk will not be rewarded, nor quality will emerge. We live in a world of cuts and over utilization.

Lies, search for truth.

BTC is going to 0 or $250k in the next 10 months. Is going to 0 or $1m in the next 5 years. This spread is part of the same reality. Money needs to be one, credit needs to be siloed. This is not a bitcoin thing, is a money thing. This is not a currency thing, is a credit thing. Credit can play as money, money won't play as credit. If 0 will harm you, you should sell and never look back. If you know how to fight, if you know how to die, I will meet you on the other side.

Just finished @Lawrence Lepard The big print. Great storytelling and insight! Plus, now I know why probably chapter 13 hacked his X account.

I don't know any better than the guy next to me, but I know a little about creating narrative when refinancing is at the gates. Is in this light that these trade tariff wars sounds not just great, but timely.

If women are men w/o reason and accountability then men are women w/o emotion and an understanding of his rights. Probably why we work so well as a team.

"In each century since the beginning of the world wonderful things have been discovered. In the last century more amazing things were found out than in any century before. In this new century hundreds of things still more astounding will be brought to light. At first people refuse to believe that a strange new thing can be done, then they begin to hope it can be done, then they see it can be done—then it is done and all the world wonders why it was not done centuries ago." F. H. Burnett - 1911

Premium in $MSTR is not given by market belief, these are not animal spirits that never set foot in this world. It's the realization that you would be purchasing with credit ever scarce bitcoin at $MSTR historic average price. Premiums that every bitcoiner in the world collect in their hard wallets from inception if they listen. Mr. Saylor built a vehicle for institutions and shared his playbook.

When it clicks you need to know, the ultimate “most insanely dumb spending of your tax dollars”, dixit Musk, even beyond war, is moral hazard. Its amazing being here, walking this path with Y’all.

Shells didn’t fail, Gold was discovered. Gold didn’t fail, fiat was purposely designed to capture the energy embedded into it. Fiat didn’t fail, bitcoin was discovered.

Truth is not a value, seems obvious and yet we fail every time we put our values to compete against it ==> Respect, compassion, responsibility only work alongside, not in front of.

Since value is subjective, trying to optimize aggregate outcomes is an oxymoron, to put it mildly.

Summoning human power for security purposes is the wishful feature, big brother is the hidden bug. Summoning bitcoin for security purposes is the overt feature, hurling the hammer to the screen is the hidden bug.

Gold is to shells, what bitcoin is to land.

They are crushing the fastball so hard now. On March 3, 2020 the Fed wrote its play in a ~20d act, from first rate cut to full unlimited QE announcement. On August 6, 2024 the BOJ did everything in one fell swoop, obliterating up an coming, want to be, legacy market forces. I know what the best of us would say, we have to let go. Thank God for BTC.

Privacy could be the way to go with the plebs, but CBDCs are actually the last stance for A reserve currency to maintain the grip over capital controls while monetizing its debt, by providing perfect monetary policy transmission, fiscal sustainability and capital flow capabilities. Fancy way of saying maintaining control over raising interest rates, taxes and limiting foreign currency holdings. If A reserve currency is not capable of exerting this type of power, then economic reality will materialize over abstractions and their elites will behave like Mexican elites in 94, Southeast Asian elites in 97, or Russia elites in 98, running after THE reserve currency of the world. I know this one's written like a forecast, just not sure is a history piece. I do know though, BTC plebs are not waiting to find out if they pull this one off, they are already there.

Nashville here I go!!!