Here's the thing: #Bitcoin is a bearer asset. Meaning if you self-custody it properly, it is difficult if not impossible for anyone to confiscate it.
Price action draws my attention just like everyone else, but I often remind myself that the alternative is holding the majority of my wealth in assets that are held by a custodian (a bank or a broker).
That means I would have to put my life in someone else's hands. I would have to trust my custodians with my hard earned money.
Now that we have a hard money that can be self-custodied, we can take our own lives into our own hands.
I don't know about you, but that kind of asset is extremely valuable to me. So the Bitcoin price is interesting, but it's true value is immeasurable.
Don't confuse price for value. Remember what the promise of Bitcoin truly means. Liberty.
Absurd that the liberals are dying on the Ukraine hill.
Americans can hardly afford to feed themselves, and yet the left still "stands with Ukraine." We did that for 3 years and Ukraine lost. Americans reward for our generosity is $8 eggs. Thanks Biden. Thanks Zelensky.
Completely out of touch. Truly insane. And likely only happening because Ukraine is a deep dark hole of the Democrats' corruption.
How early Bitcoiners are similar to the early Christians:
- Misunderstood
- Hated for their beliefs
- Persecuted
- Steadfast believers
- Missionaries
- Wedded to the truth
- Willing to go to the ends of the Earth to spread their message
- Attempting to win over hearts and minds despite improbable odds
#Bitcoin
They are going to have to print so much goddamn money.
#Bitcoin
I don't know how anyone trusts the banks and the government after the 2008 financial crisis.
I was an idiot teenage kid in 2008, and I had no clue what was going, but with more perspective and understanding of what happened as an adult, it strikes me that the crisis and the ensuing bailouts were a complete and utter betrayal. A large scale heist. An obvious one.
Fuck all these people. #Bitcoin is the only hope.
If there's one thing I hope my generation changes about the world, it's that we stop profiting from waging war.
Becoming wealthy from destroying human life has got to be the most evil, disgusting way to enrich yourself.
We have the technology to achieve widespread abundance, but the endless warmongering and profiteering is holding us all back.
Great lesson learned through #Bitcoin
Don't confuse the price of something for its value.
In a world where the vicious seem to always win, and the virtuous always seem to lose, society looks down on the virtuous.
That's why you rarely meet deeply virtuous people. Most would rather die than to be labeled a "loser."
Unfortunate, but true.
Fortunately, #Bitcoin changes the paradigm. It flips it upside down. Virtue is now incentived, and after a long enough time, the majority will be virtuous and the vicious will be looked down upon.
I don't really have a stacking goal. I probably already have enough #Bitcoin
My true goal is to build Bitcoin into the fabric of my life. Make it a habit. An operating system.
James Clear says, "you don't rise to the level of your goals, you fall to the level of your systems."
So the system is: "use Bitcoin daily, for the rest of my life."
It takes a lot of the pressure off. It makes me feel like I have enough, and I will always have enough. Now I get to settle in and enjoy the upcoming experiences in my life.
If some years I spend more Bitcoin than I save, so be it. I'm sure there will be years where I stack more.
This is the beautiful thing about sound money. Your anxiety about money melts away with every day that passes. When your anxiety about money is gone, you can finally focus on the present, and enjoy it.
Governments: steal your money through taxation.
Banks: steal your money through inflation.
Bitcoin: protects your money from taxation and inflation in an unbreakable cryptographic network that cannot be confiscated if custodied the right way.
#Bitcoin it is then. 🫡
Collectivism is destroying Europe. Just like it destroyed Russia in the 1900's. Just like it destroyed Venezuela, Argentina, Cuba, and so on...
Collectivism came for America too, but it seems there are just enough freedom loving patriots still left here to fight it off and prevent it from destroying the USA.
Not to say the fight is over, it just seems like Americans are ready and willing to fight for our liberty, just like our ancestors did.
Got #Bitcoin? Ready to liberate America?
BAD time to be a bureaucrat. The tech bros and capitalists have had it with their shit and are playing to win. This DOGE thing is a relentless attack on the parasite class.
I am still very wary of Trump and Musk, but boy is it beautiful to see the bureaucrats sweating for the first time in a long time.
Tinfoil hat time:
Nation states are going to build their strategic #bitcoin reserves through the ETFs because the financial institutions have them all by the balls.
Plus, Blackrock and co have more ability to do their fuckery through the ETFs, manipulating the price through fancy behind the scenes bullshit.
Just a thought experiment. Abu Dhabi is just one data point...
We are using #Bitcoin and #Nostr because we want to shun the liars, thieves, grifters, and criminals who run the fiat monetary system and the legacy media.
There is no reforming them. There is only shunning them, bankrupting them, and making them irrelevant.
We reject their entire worldview. We want to live free, live in the truth.
We don't want to control anyone. We want free expression. Free commerce. With no "authority" telling us what we can or can't say/can or can't buy.
You don't taper a ponzi scheme. You don't reform a corrupt, irrelevant media system. You simply build something better, and let the old system rot and die.
Bitcoiners were just frontrunners on the fact that everything fiat is fake.
Fake governments.
Fake markets.
Fake foods.
Fake charity.
Fake international development.
It's been one big massive grift for decades.
Literal 🤡 world.
#Bitcoin or everything goes bust.
I don't know about you, but I want "Big Balls" staying on top of our federal government.
This is one of the best things that's happened in American politics in my lifetime!
You know what I realized: Trump, Vance, Elon and company are ruling via meme.
Call it "memepolitik."
These guys realize the game is all online now, and they're damn good on long-form pods, short-form posts, and dropping dank memes for the lolz.
They are running laps around the legacy media, and it is a sight to see. It's essentially blitzkrieg politics. Hit em hard, hit em fast, hit em over and over again until they submit.
Fuck all the newspapers and big network shows, they can recap all of the madness for our boomer parents during the evening news.
The key insight these guys have realized is that you have to play politics by the rules of the internet, not by the rules of the 20th century. They are not trying to fight the last war, they know that you have to be entertaining and win the moment, over and over again, every day.
Here's what's happening with this USAID scandal:
The US Government has been infiltrated by communists for decades now. (Read Diana West's "American Betrayal" for the history).
Prior to widespread use of social media, the communists also had full control of the narrative through "trusted" mainstream media TV and newspapers. So no matter how egregious their crimes, the communists could lie, cheat, steal, and murder all they want. At the end of the day, they could also manipulate the narrative through the press.
The communists really got a hold of both Democrats and Republicans, primarily through sexual blackmail, forming the Uniparty. It wasn't until Donald Trump came in like a wrecking ball in 2016 that either party presented a candidate who went against the global communist Uniparty that was covertly trying to destroy America from within.
This is why both parties and the legacy media have been having an aneurysm over Trump for almost 10 years now. They are captured by the globalists, and Trump is the first politician to actually stand up and dare to say, "America First."
Now that Trump has completed his hostile takeover of the Republican Party, he is pointing his arsenal at all of his Uniparty enemies within the Federal Government. Remember, these people almost killed him. Trump is on the warpath to completely destroy these people.
I believe what we will find through DOGE is that essentially America had been completely sold out to the global communists. Had Kamala Harris won the '24 election, we would have been on a fast track to a complete communist takeover of the USA. This was all supposed to be a part of the WEF and UN 2030 plan. And they failed.
Now, we will awaken to the fact that global communists had infiltrated our society at every level, and almost destroyed the USA. There will be a massive backlash, and I could see the American people calling for the destruction of institutions like the legacy media and elite academia, who are completely owned by communists.
Bye bye Harvard. Bye bye NY Times. See ya CNN. Adios Democratic Party. We all see you for what you are now: dirty, rotten, no good, lying, cheating, violent communists. Fuck off 🖕🏼🖕🏼