@MartyBent @ODELL this week’s @RABBIT HOLE RECAP isn’t loading on Apple Podcasts

A good bitcoin treasury strategy would be to buy low and sell high. Just saying.

@Michael R. Sullivan have you applied your approach for filtering narratives to NOSTR? Anything that the NOSTR community could learn from your insights? What types of posts did bitcoin twitter have 2016-2021 and how do we build that type of engagement into the NOSTR experience?

To the earlier classes, you should be as hopeful and encouraging for the class of 2021 and after in terms of NGU as the early classes were to you (and you were to yourselves). NGU is bitcoin’s primary technological advantage to all other forms of money. If that fails, there is no meaningful value prop for most people. Adoption follows NGU. NGU unlocks a bitcoin mentality across more businesses, political situations, and cultural norms. NGU allows for more technical funding into bitcoin as a protocol and into bitcoin services and integrations. NGU is all that matters. And NGU is fun. We need to refocus on NGU. As an entire bitcoin culture…just focus our energy, our vibes, and our engagement on NGU. All the other solutions flow from their in our own unique skills and interests. The marketplace will diversify bitcoin and its application within economies. Our job is to get NUMBER TO GO UP!

I think the problem with NOSTR is that the influencers came over here and didn’t engage with the broader community. They stayed in their bubble, socialized with the “cool kids,” and lost focus on the message - NGU is how we win. This resulted in less Twitter engagement (in addition to the algorithm changes), fractured and silo’d communities, and plebs that felt disconnected from the ethos of bitcoin that prior generations of bitcoiners had to hold them together. Not sure how “we” recover from this but it is clear that we need an effort to restore what was lost. Bitcoin hasn’t been fun for 4+ years. And bitcoin thrives when it is fun.

Resource gathering, transport, and utilization in space will be less profitable than commodity production and utilization on Earth. It’ll be a worse ExxonMobil or Saudi Aramco. Starlink is a slightly better Verizon. Competition will drive those margins down. And future developments will be decades (if not centuries) down the road. The PV is atrocious. This is obvious on inspection. The SpaceX IPO is a psyop. It’s a shame so many bitcoiners are caught up in it. cc: @TFTC @MartyBent

Just got debanked by Chase.

Yo @jack mallers can you set Strike up with a much larger LN channel with LN Markets? Thank you for the consideration!

We’re not going to get to $58k, are we? This cycle continues to disappoint.

Clarity Act bump: over/under 15%

The problem with these bitcoin treasury companies is that they suck at managing bitcoin treasuries.

Bitcoin needs a bullish catalyst. I thought the PMI Manufacturing would help but I guess things are worse in Japan than I fully appreciated. When are they going to turn on the money printer? When do gold bugs take 20% of their profits and rotate into bitcoin? When does the SBR expand with some tariff $$? Like wtf is it going to take. Bitcoin is primed for a rip but you’ve got CZ and Binance absolutely sticking it to the hodlers. What gives?

Maybe the bitcoin treasury companies should stop taunting short sellers to “short sell them”…hasn’t worked out for them so far.

It's bad out there guys. 4 & 5 year HODL return and risk adjusted returns are absolutely in the toilet. Wall Street is undermining bitcoin's use case as a superior storer of value.

At least all the influencers went the Michael Saylor $100k party. How we feeling about that egofest these days, guys?

I wonder how all the bitcoin / crypto adjacent bros who lobbied the bitcoin community to support Trump feel about his first year nothing burger. A good reminder that politicians will never be our friend.