I figured out how they’re going to fund the strategic bitcoin reserve.
They are going to allow crypto to back the housing market.
They’re going to lower rates then they’re going to ease their loan requirements.
Then when another 2008 happens, they’ll own all the bitcoin.
furio
furio@pailakapo.com
npub1jxjm...0mdf
Make the states great again.
Move all unconstitutional federal powers back to state control.
Enforce the 10th Amendment.
Build cashu tools.
Notes (11)
Imagine the memes if Trump said it was a “great time to buy” the stock market on April 9th and then the market spent the next 4 months tanking.
Now look around after this “the bottom is in” call and see if anyone is mentioning it. (Besides me)
If you want me to stop listening to you, say “anti-Semite”, “hamas”, “oct 7”, etc
Instant tune out.
Trump is minimizing the power of the Fed Chair, which is accelerating the good end result of one dude not having outsized influence on the entire financial system.
Bitcoin literally fixes this disaster.
TDS is widespread and the subtle “well of course” statements are easy to miss.
CNBC if (anyone but Trump): “GDP 3% in one quarter, WOW!!1!1”
If Trump: “I talk to people on the streets and the economy is not really that great. Also, Powell can’t cut rates because of all the inflation we are sure to get by July, I mean, August, I mean September.”
Bitchat:
I like the idea in large groups of known people, like at a conference or similar.
Talking to randos in a big city just cuz they’re on the app doesn’t seem like it scales.
Also in an environment where I have internet access and somehow I allow all these randos to use the internet through my device seems like a problem.
Bitcoin taking a 38 basis point *of the total supply* market sell order and boom back in the range band is quite impressive and super bullish.
Shorts are nervous rn.
I am proudly pro ICE.
Hire more, do all the things within the laws of the country to get the illegals out.
Elon putting bitcoin on the American Party list of priorities makes sense.
I see it happening and a few other well funded interest groups brought in as well.
He should swallow up the libertarians with the good parts of their party, and pull in bitcoiners and go from there.
After Sen Lummis successfully convinces the government to actually buy bitcoin and put bag is secured, she needs to turn her attention to overturning the BSA. She seems aligned in principle with the freedoms lost form this disaster.
I’d say it’s more important and go work on it now, but she’s on a good track now, let’s let it play out before swinging for the fences.
This is all very positive for bitcoin.
A. Its excessively inferior to bitcoin, sending holders away from it to something better
B. It is far easier to exchange for bitcoin than an account at a bank or analog dollars when people realize A
C. Easy to freeze account and overreach on government authority means it will happen more frequently, causing no coiners to see the censorship resistance benefits of bitcoin quicker than they otherwise would.
Now we just sit back and wait for the government to abuse their power and then hyperbitcoinization ftw.
Shouldn’t take long.