I would rather buy a bond from a company with $50 billion in bitcoin than one with $38 trillion in debt
Permissionless
citadelseed@nostrich.cc
npub1e38z...pmym
Dad, husband, privacy advocate, anti authoritarian, #bitcoin
Notes (20)
I would rather receive 1 sat than 1 cent
The tax code of most nations is a direct breach of the Universal Declaration of Human Rights
Friendly reminder that every last person who thought it was a good idea to sell their gold for Weimar marks between about 1914 and 1922 learnt a very expensive lesson about fear and greed
“Establishment of the Strategic Bitcoin Reserve” in a way that is “budget neutral and do not impose incremental costs on United States taxpayers.”
GM! For every year the State hikes the retirement age, it’s another year of forced labor as a tax slave, stealing your time, energy & freedom at gunpoint.
GM! Inheritance taxes means your government has a financial incentive to find ways to kill you.
AI is another form of shrinkflation.
You can be twice as productive with the same amount of time, but without a pay rise.
This allows the central planners to steal from you at an accelerated pace via money printing.
You can defend against this trend by saving in #bitcoin
Feels like nostr needs to experience the sound of an absolute master of his craft oozing Hendrix licks straight from his soul!
Happy Saturday nostriches!
https://youtu.be/ssSN3_z1m60?si=PMR9AoM86D0zxxji
Shrinkflation
I am old enough to remember that a Spotify premium subscription cost €5 per month in 2010 to remove the advertisements
Now it costs over €10 per month and the advertisements back
The only companies that survive the collapse of fiat will be bitcoin companies & bitcoin treasury companies.
Businesses that store their treasury in legacy instruments will die a slow death, not because they are inefficient, but because they chose an inferior store of value.
You’re still insanely early to bitcoin because most people still think owning some is optional.
Bitcoin is underpriced while you can still use fiat to buy it.
Once you can only accumulate bitcoin by working for it, I’ll concede it’s at fair value.
Every time I buy bitcoin, I feel sneaky, like I’m ripping off the other side of the deal.
I want to find the seller and ask “are you sure you want to swap my worthless paper for bitcoin? Do you really understand what you’re selling me?”
58k + 58k =116k
Whenever you’re having a bad day, just remember all of those less fortunate than you…such as the people who have $144 billion invested in Ripple and think that’s a good idea.
Capital gains incurred over a century ago will still be taxed in Sweden when the asset is sold
This means whatever you buy today that u intend to hand down to your heirs, u r also forcing a tax debt onto unborn children at the same time
The system is broken & #bitcoin fixes it
EBITDA is a fiat metric