"Everyone thinks of changing the world, but no one thinks of changing himself" - Leo Tolstoy

“Simple kindness to one’s self and all that lives is the most powerful transformational force of all. It produces no backlash, has no downside, and never leads to loss or despair. It increases one’s own true power without exacting any toll. But to reach maximum power such kindness can permit no exceptions, nor can it be practiced with the expectation of some selfish gain or reward. And its effect is as far-reaching as it is subtle.” - David Hawkins

The power to change tax laws, including those related to capital gains, resides with Congress. See Article I, Section 8 of the U.S. Constitution.

I could care less if US has SBR. It’s more important for the people to have their own SBR. ETH, XRP, SOL are going to rug pull folks on long enough timeline. How is a centralized digital currency any different than US Dollar? If somebody has ability to manipulate it, it’ll be manipulated.

The U.S. is about to learn the valuable lesson that Bitcoin and sh*tcoins are not the same.

If he actually listened to the episode on Bitcoin, it has some good information

“Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man’s human existence.” — Ludwig von Mises

I’d prefer to see more individuals adopt a bitcoin reserve before the U.S government.

In all societies, public opinion is determined by the intellectual classes, the opinion moulders of society. For most people neither originate nor disseminate ideas and concepts; on the contrary, they tend to adopt those ideas promulgated by the professional intellectual classes, the professional dealers in ideas. Now, throughout history, as we shall see further below, despots and ruling elites of States have had far more need of the services of intellectuals than have peaceful citizens in a free society. For States have always needed opinion-moulding intellectuals to con the public into believing that its rule is wise, good, and inevitable; into believing that the “ ‘emperor has clothes.’ “ Murray N. Rothbard

Implementing a “SBR” or “Digital Stockpile” via executive order would easily be reversed by subsequent administrations. Pursuing a legislative approach would offer a more enduring solution. @Cynthia Lummis Bitcoin Act is a better option than an executive order.

Using seized assets to fund a digital asset stockpile presents problematic incentives.

When will Trump pardon @Edward Snowden ?

$TRUMP coin is going to help the general public distinguish Bitcoin from sh*tcoins

What every father should tell their child: "You are enough, just as you are. I love you always. AND you should always strive to be better, because that's what we're here for."

“The safest way to try and get what you want is to try and deserve what you want.” - Charlie Munger

GM and Merry Christmas 🎄 “The most important thing in the world is family and love.” - John Wooden

“Live as if you were to die tomorrow. Learn as if you were to live forever.” - Gandhi

“Change. But start slowly, because direction is more important than speed.” ​— Paulo Coelho

Good read by @Lyn Alden

Lyn Alden

December 2024 Newsletter: The Rise of Digital Assets

December 15, 2024 This newsletter issue takes a look at the rise of digital assets, to analyze the trends behind them and see how to manage risk wh...