What do folks think of BTGD? This is the 1.0x levered gold/bitcoin fund. $1 invested gets you $1 of gold and $1 of bitcoin proxies. A few things I noticed were 1% fee and funds relies on BTC futures vs spot. Thinking about it as an interesting “cash management” tool, obviously not anywhere near cold-storage bitcoin for long-term savings.

Another thing about Saylor’s recent custodian takes. Many have pointed out that of course he’s pro-custodian, as 99% of his net worth is trusted with Coinbase. But the other thing is that in his mind, there’s no other option for his bitcoin succession plans. He’s likely to leave the bitcoin in some type of perpetual education trust, which by definition will have to have some kind of corporate trustee. Likely not Coinbase, probably someone like BNY Mellon. For what he’s trying to achieve with his Bitcoin over a very long time period, custodians will absolutely be required. I’m a “crazy crypto anarchistic” and I’m raising my little future bitcoin owners the same way. But Saylor’s in a different position with different goals.

Brought to you by @The Beef Initiative ⚡️🥩🗝

The wife just asked if I’d “orange peeled” anyone 😂😂😂 Credit for the effort

When do we actually think Uptober or just NGU happens at this point? If Trump wins? He seems more interested in his own coin. When the Fed starts printing? They seem more likely to keep rates at a “neutral” 3-3.5%. And if they do print, it’s going to be liquidity for banks this time, not financing USG stimmy checks in the mail. When the world decides government spending is out of control and bonds are a fool’s investment? The past 6 months would indicate the world wants gold. I’m a huge perma-Bull. But I have this growing feeling that this cycle might look more like a choppy crab walk up the price ladder until there’s some other external event that clearly points to bitcoin. There are a lot of people accumulating and not selling; we need a real demand-side spark.

Other than the last 10 minutes, I actually thought the documentary did a pretty good job of being accurate and bitcoin-positive. Potentially a good onboarding tool. But I’m left with the question—what were @Adam Back and @Samson Mow thinking in contributing so much to this? Why not work with someone who has Bitcoin’s best interest at heart in film, like @Peter McCormack

Guess we’re all voting for RFK!

Took the leap! #NostrOnly Thanks for the persistence on RHR, @ODELL