Receipts

Remember when all the influencers were cheering that Bitcoin is a commodity, in order to distinguish it from shitcoin securities? And how I made dozens of posts about how so vigorously calling it a commodity and playing ball with the State would have consequences like this? Pepperidge Farm remembers. View quoted note →

At $1M/BTC, Bitcoin is only 2.2% of total global wealth. So 2.2% money…and 97.8% levered up dogshit. Nobody is bullish enough.

But without taxes, wouldn’t the gangsters take over?

A small % of txs as Payjoins breaks surveillance heuristics and is a crippling blow to privacy FUD. You don’t hear the privacy fudsters talk about payjoin because they’re so emotionally invested in a privacy shitcoin. Payjoin isn’t a panacea. It isn’t even a privacy technique per se, it’s an efficiency technique whose side effect happens to be improved privacy. One of many more privacy techniques to come that will further invalidate the moneyness of privacy shitcoins.

Periodic reminder that Zelensky is a dictator.

View quoted note →

Scott Galloway is a communist. No other way to say it.

Live not by lies

The City of London has won every war. Bitcoin ends their winning streak.

Rearranging the deck chairs

Eth is an equity. If you like equities as an investment vehicle, at least buy equity in a company that produces a good or offers a service.

Good morning. Reddit is for faggots.

Boomers are mediators. Even if they’re not wanted, they insert themselves as middlemen to get a fee. Bitcoin is disintermediation technology. One grave at a time.