Shape clay into a vessel; It is the space within that makes it useful. Cut doors and windows for a room; It is the holes which make it useful. Therefore Usefulness from what is not there. So too with Bitcoin—its value arises not from matter, but from the invisible consensus that surrounds it. Being immaterial, it is hard to confiscate

The Bitcoin that can be told is not the eternal Bitcoin. The name that can be named is not the eternal name. The unnameable is the eternally real. Naming is the origin of all particular things. Free from desire, you realize the mystery. Caught in desire, you see only the manifestations. Yet mystery and manifestations arise from the same source. This source is called darkness. Darkness within darkness. The gateway to all understanding.

Bitcoin is finally crashing down below 107 So it's temporarily slightly less boring

I've never seen multiple blocks that were not filled Maybe I should go to the trezor technology thing where it throws your coins into a mixer and obfuscates them in what's that called? Mixing? Would there be a lack of partners participating? Last time I tried it it was glacial and expensive

Probably false but I aspire. Good morning psychos

Good morning psychos

The halving was April of last year and the next one is 2 years and 9 months away ish That point the production of Bitcoin is going to be 225 a day or something which is really not a lot

Some of the long-term holders are cashing in and selling to Wall Street and maybe they want to have some fun but at some point it starts to look pretty dumb

Why 21? Why did Satoshi pick that number?

Boring Pouring boring pouring boring I wish the price would move somewhere

The 155 moving average has never sloped downward In fact it's been pretty flat for the last 3 or 4 years and it's almost like it's coiling up for a big move

For the last month it's a low of 98 and a high of 111 That's boring

Texas just became the first U.S. state to publicly fund a standalone Bitcoin reserve. Here's the status update as of June 23, 2025: --- 🔹 Texas Strategic Bitcoin Reserve (SB 21) Signed into law: Governor Greg Abbott approved SB 21 on June 21, 2025 . Funding: $10 million has been appropriated for buying BTC . No cap on total allocation—statute allows unlimited investment so long as BTC’s market cap stays above $500 billion (currently only Bitcoin) . Potential exists to funnel up to billions (e.g., ~10% of the $21 billion Economic Stabilization Fund ≈ $2.1 billion) . Governance & Oversight: Managed by the Texas Comptroller, outside the main treasury . Backed by HB 4488, which shields the reserve from budget sweeps . A five-member advisory board of crypto professionals ensures oversight . Purpose: Treated as a hedge against inflation and economic volatility . Biennial public reporting on holdings and performance ensures transparency . --- 🔹 Comparison with Other States Arizona, New Hampshire: Passed Bitcoin reserve laws, but did not allocate public funds; their reserves remain unfunded . Texas vs. peers: Texas is the first and only state to commit public dollars and create an independent structure just for BTC. --- 🔹 What’s Next? 1. Initial BTC purchase: Comptroller's office can now move ahead with the first $10 M buy. 2. Future appropriations: Legislature could approve more purchases—potentially scaling into hundreds of millions or billions. 3. Biennial reports: Expect public statements every two years on BTC holdings and performance. 4. Policy evolution: With the cap lifted, further buy-ins hinge on legislative and political support. --- TL;DR Texas has launched the first publicly funded Bitcoin reserve, with $10 M ready for purchase and legal frameworks in place for scaling dramatically. Governance is insulated and transparent, using BTC as a strategic financial asset outside normal budget channels. ---