Within 10 years, every major energy producer will have bitcoin mining integrated into their operations.
Trey
tshodl@nostrplebs.com
npub1m6y9...e2p9
VP, Sales, Unchained | Advisor to Cantilever | FIRE ๐ค Bitcoin | Banker turned bitcoiner: previously Truist, MetLife, Goldman Sachs, Deloitte
Helping bitcoiners achieve financial independence and FIRE practitioners understand bitcoin at https://www.firebtc.io/
THE ENDOWMENTS ARE COMING
"In a groundbreaking partnership, Unchained and the University of Austin (UATX) are launching the first long-term endowment fund held in bitcoin. This innovative collaboration aims to raise $5 million, which will remain invested in bitcoin for at least five years. This initiative marks a significant step in integrating bitcoin into higher education, reflecting a mutual commitment to forward-thinking financial strategies."
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Unchained and University of Austin Introduce Pioneering Bitcoin Endowment
In a groundbreaking partnership, Unchained and the University of Austin (UATX) are launching the first long-term endowment fund held in bitcoin. Th...
Chick Fil A automated delivery cart in my neighborhood.
The future is now ๐
๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ
The Fed and the US Treasury, in cooperation with the banks, have NO CHOICE but to print.
Devaluation in real terms is the only way out.
Financial repression is back.
Buy bitcoin and hodl in cold storage. ๐ซก
Yellen and Powell are trying to thread the needle.
Will they succeed??


We have accelerating debt.
Accelerating inflation.
Accelerating global conflict.
Accelerating awareness.
Accelerating development.
Accelerating adoption.
Accelerating big money.
There's a very good chance the bitcoin price ACCELERATES this cycle.
They roasted the GOAT last night. ๐
Lots of funny moments.
Noone likes to have their mistakes, failures, and embarrassments on full display.
The amount of nerve and confidence it takes to voluntarily have your belly flayed in front of millions of people is truly admirable.


YOU CAN'T ESCAPE THE BITCOIN MIND VIRUS.
Even in the hallowed halls of Berkshire Hathaway.
You might as well embrace it while you still have a chance to own a full coin.


Trying to change my primal LNURL from the random default and getting this error. Anyone know what's wrong? @primal


๐๐๐ฅ๐๐จ๐ฆ๐ ๐ญ๐จ ๐ญ๐ก๐ ๐ฐ๐จ๐ง๐๐๐ซ๐๐ฎ๐ฅ๐ฅ๐ฒ ๐ฐ๐๐๐ค๐ฒ ๐ฐ๐จ๐ซ๐ฅ๐ ๐จ๐ ๐๐ข๐๐ค๐๐ฒ ๐๐จ๐ฎ๐ฌ๐ ๐๐ก๐๐จ๐ซ๐ฒ (๐๐๐), where the rules of economics are as bendable as cartoon physics and money grows on trees, just waiting to be plucked!
In the land of Mickey Mouse Theory, Mickey has a giant money printing machine, churning out dollars faster than Goofy can tumble head over heels. In this colorful cartoon world, there's no need to worry about pesky things like inflation or national debt. Why? Because in the world of Mickey and friends, money is just another tool in the toolbox, ready to fix any economic hiccup.
Here's how it works: Whenever the Toontown economy looks a little gloomy, Mickey and his gang simply crank up the money machine. Roads are crumbling? Print more money. Schools need funding? Just add more zeroes to the budget. It's all in a day's work for our animated pals, who never face the consequences of overspending.
Critics of Mickey Mouse Theory might scoff, saying this could lead to economic disaster in the real world. But fear not! In the magical realm of MMT, prices remain stable, supplies are endless, and every day is a boom in the economy with no bust in sight. The idea is that as long as there's idle capacity โ whether it's unused land, unemployed workers, or factories not running at full tilt โ our cartoon government can keep spending without triggering inflation. It's like having an endless supply of Acme products, but for the economy!
The most magical part? According to proponents like Minnie Mouse (with her honorary economics degree), this isn't just fantasy. They argue that as long as a country controls its currency, it can manage its economy just like Mickey manages his clubhouse โ with a smile, a song, and a never-ending stream of cash.
Of course, in the real world, economists would warn us that unchecked money printing can lead to inflationary pressures, much like too many cartoon characters in one episode can lead to chaotic plotlines. But in the cheerful episodes of Mickey Mouse Theory, such worries are for another day. Today, it's all about solving problems with a happy tune and a freshly printed stack of bills.
So, let's tip our ears to Mickey and his fantastical approach to fiscal policy. In the world of Mickey Mouse Theory, every day is an adventure, every problem has a solution, and the economy is just another episode in the ongoing cartoon saga. Who knew economics could be so animated?


Fiat bros think only a small, elite group should be able to print money.
Crypto bros think everyone should be able to print money.
Bitcoiners think NOBODY should be able to print money.
The bitcoin Halving is coming soon.
The attached video demonstrates how to check the block subsidy at any block height using Bitcoin Core. You can follow these same steps at block heights 839,999 and 840,000 to watch The Halving unfold.
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The Halving provides a shining demonstration of the hardness of bitcoin, not only in the sense of its absolutely finite supply, but also in the decentralized consensus mechanism at play to enforce the rules of the game. Bitcoin is hardened to the influence of any individual, government, or corporation. No committee or dictator is required to manage bitcoin's monetary policy. It simply works.
Every 210,000 blocks (~4 years), bitcoin's issuance rate is halved, which will continue to its maximum total supply of 21 million BTC. This issuance rate is also referred to as the block "subsidy", which is paid to each miner that finds a new block to be added to the bitcoin blockchain (aka "timechain").
The subsidy started at 50 BTC per block, and it has halved 3 times in the past to the current level of 6.25 BTC. So every new block, which is added approximately every 10 minutes, introduces 6.25 BTC of new supply into the bitcoin ecosystem (~900 BTC per day).
The next Halving will occur in just a few days at block height 840,000. At that time, the block subsidy will be halved again to 3.125 BTC (~450 BTC per day).
By running bitcoin protocol software, you have the ability (yes, YOU) to fully verify the entire system, including The Halving. Bitcoin allows you to be your own central bank.
Take your monetary sovereignty into your own hands!
Bitcoin will eat all store-of-value assets...even AIRPLANE ENGINE RESERVES โ๏ธ
Here's an overview ๐๐
Airplane engine reserves are specifically set aside by airlines and owners of private aircraft to cover the costs associated with engine maintenance, repair, and overhaul (MRO). These reserves ensure that engines remain in optimal condition throughout their service life.
Engine reserves are often calculated on a per-flight-hour basis. This means that for every hour an airplane is in the air, a predetermined amount of money is allocated to the engine reserve fund.
These reserves are a crucial component of the financial planning strategy for airplane ownership. They help owners manage the substantial costs of engine maintenance without impacting operational budgets unexpectedly.
For leased aircraft, engine reserve contributions can be a key part of lease agreements. Lessees may pay engine reserves to lessors, ensuring that the engine's value is maintained over the lease term.
The amount set aside in engine reserves can vary significantly depending on the type of engine, its maintenance schedule, and the cost of parts and labor. Engines with higher performance and maintenance costs will typically require larger reserves.
Engines are subject to intense wear and tear due to the extreme conditions they operate in. Engine reserves act as a form of insurance, ensuring that funds are available for necessary maintenance and parts replacement.
Maintaining adequate engine reserves is also a matter of regulatory compliance. Aviation authorities may require airlines to demonstrate that they have sufficient funds allocated for maintenance and repairs.
By ensuring that engines are regularly maintained and overhauled, engine reserves contribute significantly to the overall safety of air travel. Proper maintenance reduces the risk of engine failures and other in-flight issues.
The cost of maintaining engine reserves is one of the many operational expenses that can influence airline ticket prices. Efficient management of these reserves can help airlines control costs and offer competitive pricing.
Beyond immediate maintenance needs, engine reserves help airlines future-proof their operations. By setting aside funds for engine overhauls, airlines can extend the operational lifespan of their aircraft, ensuring sustainability and profitability in the long term.
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Of course, bitcoin is the best asset on the planet for storing capital reserves. Anyone responsible for maintaining an engine reserve should consider bitcoin as that vehicle.
I don't have my own plane (yet ๐), so this engine reserve concept was new to me. Unchained has at least one client doing this (you know who you are!).
Any other pilots or aircraft owners using bitcoin for your engine reserve?
Property taxes are so insidious.
Other people print money, causing the nominal value of your house to increase.
Property taxes are assessed on the current value of your home, so as the property value rises, so does your tax bill.
But that extra home value is not liquid and therefore not accessible to pay the increased tax burden.
If the property tax rises too much, some people may need to take on debt or even sell the property to pay it.
This should not stand in any civilized society.


Happy Masters week!
Who will be in the lead when The Halving occurs?


If bitcoin isn't your hurdle rate, you're doing it wrong.
"Gold is used in jewelry and electronics, so it has intrinsic value."
This is a terrible argument for gold as competition for bitcoin.
Firstly, value is subjective and intrinsic value doesn't exist.
Secondly, using gold for non-monetary uses devalues it as a money.
Money is not meant to be consumed. Its purpose is to store value and exchange it for consumables or investments in the future.
The thesis is simple.


Remember drivechains? ๐
The bitcoin paradox:
Bitcoin is a hedge for both inflation and deflation.
๐ค