@Marty Bent to your point on the US economy requiring the fraudulent activity.
You’re absolutely right and it is designed / justified by the necessity of getting capital flowing into certain municipalities that private enterprise has left behind. If the USA didn’t have these fraudulent mechanisms to get capital to remote / less economically viable cities, towns then you’d have absolute collapse of (and associated social unrest within) towns that were built up around Industrial Revolution economies. Cities & towns that no longer have a private economic justification to exist. But Americans live there, have mortgages there, and are hyper resistant to leave their homes.
As repulsive as the whole thing is, it serves a critical function to the US economy and our continued social stability.
Now the whole DEI and political contribution funneling angles are an additional layer that I’m not taking about. But I can see why both political parties are funneling fraudulent capital to thousands of cities & towns across the country.
Brock
npub1dl3s...34z9
Some really cool experiences and people led me to discover bitcoin. Fix the money, fix the world.
Nice ‘What Bitcoin Did’ rip with @npub1d3f4...r4xv … fundamentals are on our side. Money printer soon. Hold the line.
The higher gold goes, the higher bitcoin will go. I don’t make the rules. 🤷🏼♂️
I agree with Parker Lewis. Bitcoin either is a $200T+ asset or it is worthless. As I have gained conviction in bitcoin, I realized that if a 1% allocation is prudent, then so is a 5% allocation. If 5%, then 20%. If 20%, then 75%. If 75%, then might as well go all in.
And so here we are…all in.
Is the market going to make Saylor capitulate on his buys or is Saylor going to launch bitcoin higher? Single entity ($MSTR) buying 43 days’ issuance per week. That can’t last forever - one way or the other.
When bitcoin serves as the reserve currency and asset for the world then the impossible trinity becomes the impossible duality. A “nation state” is committed to free flow of capital because of Bitcoin’s intrinsic properties. It can choose either (1) a currency with a “fixed” exchange rate pegged to bitcoin or (2) their own, independent monetary policy. They cannot have both.
This is a big, big, BIG deal.
@jack mallers made an important pivot on his Monday podcast. He went from a long time call of $250k-$1M in 2026-27 to $150k-$200k (with a potential drawdown in the near term). What new information contributed his dramatic change in forecast?
4 year bitcoin returns and sharpe ratio still near all time lows.

