What a weekend for sports… Giro in the mornings, F1 in the afternoons, playoffs in the evenings

I believe it, but I don’t understand it - OK you have one client, how much are custody fees paid on balances? 10bps? 10bps on $100MM is $100k, pocket change for these guys, no? View quoted note →

Build something useful for you, today. View quoted note →

Has anyone noticed that the sats earning feature on Fountain has become a lot more buggy since the huge update? I listened to all of last week's RHR on "1 sat per minute for 60 minutes" and earned... 5 sats

People still use BlueWallet? I had thought it pretty much died View quoted note →

Maybe the kids will be alright https://x.com/tracker_deep/status/1751938356156780584/

Here’s the plot twist you’re not thinking of. What if it was Gensler’s twitter that was hacked?

Down only View quoted note →

CAPS ODELL IS BACK View quoted note →

I love this theory - 26.9btc payment to genesis block address is a payment trolling Craig

We will look back years from now with amazement that it was even possible to buy substantial amounts of bitcoin. There are a lot more lost coins than you think, and even more coins not lost, but never moving.

Bitcoin: Up Meanwhile: SPX: Down Bonds: Down USD: Up This sort of divergence is worth paying attention to

Thanksgiving 2020 was wild View quoted note →

anyone know what’s up with the hashprice metric on @Clark Moody ‘s dashboard? Luxor and my calculations have it at ~$95/PH/s/day but

Clark Moody Bitcoin

Dashboard

The entire Bitcoin economy at a glance

has $26…

That this is the first time in over 100 years (since 1902!) that Texas plays Alabama in Tuscaloosa reminds me what a great and storied history this country has. America, the oldest country in the world.

Fired up

Awesome pod with Pete and @ODELL on WBD.

Fountain

The Peter McCormack Show • Bitcoin, Nostr & Freedom Tech with Matt Odell - WBD684 • Listen on Fountain

Matt Odell is host of Citadel Dispatch, co-host of Rabbit Hole Recap, managing partner at Ten31 and co-founder of OpenSats and Bitcoin Park. In thi...

I respect Matt a lot - he has extremely coherent arguments, even if I don’t agree with all of them. Good to hear his thoughts outside of his own pods

The US is one of the only places you can even get a 30Y fixed rate mortgage. Canada, UK, most European Union countries, the tenors are much shorter (even if the amort schedule is the same). That being said, I don’t think they’re going to “go away” per say. The 30Y mortgage is not difficult for banks to create and hedge. Without YCC and financial repression, the natural rate for UST yields and mortgages will continue to push into the double-digits. Still, my base case is YCC and financial repression “allowing” the middle class to continue to lever up housing. It’s politically easier than the alternative. Consider Japan and the structure of their mortgage market. Decades of ZIRP have pushed the majority of loans to floating rates. Now the BoJ can’t raise rates without rekting the middle class, who have gorked 30+Y floating rate mortgages. America is in a better position, but only marginally. Household balance sheets are holding in, but nobody can move because they’d have to refi their sweet sweet 30Y fixed they locked in in 2021 at 2.99%. View quoted note →

What if Elon nuking Twitter was just an elaborate ruse to get us to hang out with friends and family over the long weekend?

Mirror Mirror…