Brian Hoonjong Paik's avatar
Brian Hoonjong Paik
brianhoonjong@nostrplebs.com
npub1jf54...uuw9
CEO at SmashFi Author of “Bitcoin Handbook” Bitcoiner. Stacking sats.
“Let me be clear: a no-strings-attached debt limit increase cannot pass," - U.S. Speaker Kevin McCarthy
#Bitcoin price drops as Americans grow cautious about future inflation. #ConsumerSentiment shows short-term inflation expectations ⬆️ to 4.6% in April, up from 3.6% in March. Despite #CPI indicating lower inflation, public pessimism about the economy rises. We might face a recession (low growth, mid-high inflation, 4-5% interest rates) longer than anticipated.😟
Subscriptions lead to relentless spending, as they eliminate the need to consider whether each expense is truly necessary. This causes you to lose track of your spending, ultimately resulting in overspending. Using #Bitcoin  for spending promotes an à la carte mindset. Each transaction encourages you to evaluate if the purchase is a wise choice. As the currency appreciates in value, you'll more carefully consider whether a subscription is worth maintaining, instead of mindlessly allowing regular credit card charges. 💸🤔 image
The evolution of #superstocks unfolds: 2000-2020 (Platform Internet Age) - Behold the mighty #FAANG stocks 2020 onwards (Decentralized Internet Age) - Welcome the dazzling rise of #Bitcoin  🚀🌐 image
Searching for an amazing carnivore dining experience in Korea? Give #달래해장 (Dalae-haejang) a try! Their beef soup is sure to impress. 🇰🇷🥩
In 2021, private equity firms actively used leveraged buyouts (LBOs) to invest in large F&B corporations. Now, due to rising interest rates, these acquired companies face financial challenges. Most loans have floating interest rates, which fluctuate based on the rates set by the Federal Reserve. As the Fed raises rates to combat inflation, private equity firms worry about the declining value of their investments and pressure management to increase product prices. This, in turn, makes food and groceries more expensive, worsening inflation instead of easing it. The Fed's monetary decisions often lead to unintended consequences. Is it wise to let a single agency continue making such impactful decisions?🤷‍♂️ https://t.co/uzoRhLbikq
Today alone, the #Sandbank Lightning node has successfully routed 17 transactions, totaling 1,109,854 sats! ⚡️ image
#Matrixport forecasts that #Bitcoin price will reach $65,623 by the next halving event in April 2024. image
Tim Draper's sage guidance for business cash management: Allocate a minimum of two payrolls' worth of funds to #Bitcoin  for diversifying risk. Original letter 👉 acrobat.adobe.com/link/review?uri=urn:aaid:scds:US:f5fe8893-4e51-36d8-87e4-20a2ea080c30 image