🚨 It's not just ZCash.
Opus 4.8 also found a vulnerability in $USD that allows for unlimited issuance which could theoretically enrich insiders at the expense of all holders
huge breaking
作为这些年看微策略梭哈哥Michael Saylor的采访长大的一代😉,他的言论不少我都能全文背诵。以下是我刚刚脑中突然冒出来的。
问:啥时候卖出比特币?
梭哈哥:永不卖出。
问:你总要获利了结吧?总要套现吧?
梭哈哥:对于卖出套现持有纸币的人,我们对他们有个称呼:穷逼。英国王室持有肯辛顿王宫几百年,你问问他们怎么不套现?(哥意思是:王宫和纸币,哪个才是难以复制的稀缺资产?)
问:为什么不高卖低买?
梭哈哥:Trading is for the lesser of intellect。苹果公司股票在过去涨了2580倍,炒来炒去是智商堪忧的表现。
问:为什么只买比特币不分散风险来投资?
梭哈哥:你现在屁股怎么不坐在10把椅子上来分散一下风险?当你找到物理热力学最优解时,为啥还要分散?(哥意思是:比特币就是对抗纸币滥发的最优解)
问:比特币价格波动太大了,普通人难以承受。
梭哈哥:Volitilaty is vitality, 波动是生命力的表现。(小朋友和临终老人哪个波动大?)
问:比特币太贵了,现在进场是不是太迟了?
梭哈哥:1720年买入纽约曼哈顿的地产是对的,1820年买入也是对的,1920年买入也错不了,2020年买入仍然赚钱。
I don't write about the topic often, but I'm a big fan of MSTR & long-time $BTC / $MSTR holder.
Actually, fun fact, I was (quietly) in the room in 2020 when @saylor held a private zoom call for 9 & 10-figure entrepreneurs & executives sharing why his company was buying bitcoin. Way above my paygrade. I was only there because I was ghostwriting for one of the guys who had been invited, and he wanted me to sit in and listen.
I've been buying MSTR ever since.
I have easily spent 3,000+ hours reading about & listening to material about BTC, preferred stock, and financial engineering.
And it continues to shock me how many people share hot takes about the company without spending even 0.0001% of that amount of time trying to understand it.
@Strategy is the most interesting company in finance.
The fact it's so polarizing IS the opportunity.
If everyone understands it, the opportunity has already passed.
I've held through multiple cycles now. And I've watched the same FUD repeat over and over and over again—each time, new tranches of critics entering the battlefield.
Pay no attention.
Just follow the money.
You really think the government and Blackrock are gonna buy stuff that is going to 0?
Okay. I'm ready to talk about this.
It was the worst month of my life. Also ironically the greatest blessing god has ever given me.
Last month I was held in the Cayman Islands facing 15 years in prison.
The charge: illegal firearm importation. Here's what happened. More importantly what I learned.
Short answer: no. I haven't been smuggling guns.
In the States I legally carry a gun on me at almost all times for self defense. Part of this is ensuring I am trained.
Hence why I routinely go to the range to shoot. When I do I pack the firearm I intend to use in in a backpack.
Last month I was in a giant rush to make a private flight and didn't fully check my backpack before leaving. In it was a small firearm I missed.
It was discovered when I went through immigration.
At first I assumed I'd just be sent home.
Then my wife did some quick research. She pointed out the minimum sentence for importing a gun is 15 years. The police who showed up confirmed it.
To say I nearly pissed my pants is an understatement.
This was completely my fault. I'm an idiot. The point of this post isn't to blame or complain about anything. The laws there are fair. I'm a grown man capable of checking his bag before flying.
The point is: for three weeks on the island (on bail), I got to take a long hard look at my life.
I've built a high net worth and a company I love, with people I love working with. I have a beautiful wife who is my best friend. I do whatever I want all day every day. My parents are alive and I get to see them almost every week.
Still, despite all this, I often wake up annoyed I haven't done enough with my life. Asking myself "is this it?" In fact I'm pissed half the time, feeling I can do better.
Which is ironic. I made $20,000 a year in the military. If you'd told me then I'd achieve a 9 figure net worth and all the above, I would've assumed I'd consider my life a dream.
The twist truly hit me on the island as I watched everything I worked hard for in my life held at "gunpoint". Pun intended. Everything I worked so hard to get — poof. Didn't matter for shit.
The way the law works there are simple : if you can't prove it was an accident, the minimum is 15 years.
It became glaringly obvious. Not only was I an absolute idiot who couldn't pack his own bag. I'd also become a fool who couldn't enjoy the blessings I already had.
I'd taken all the people in my life and the success totally for granted. Blind. Blind. Blind.
Nothing like a 20-year potential sentence to make you realize: waking up with fun stuff to work on, then chilling on the couch reading with your wife at the end of the day — that's about as good as it gets.
I should be euphoric 24/7.
To go from having it all, to potentially not even having the option to piss and shit when you want — that's a wake up call if there ever was one.
Luckily, the Caymans is a fair place. I was found under exceptional circumstances during my trial. AKA the judge and the courts reviewed the case and agreed it was an accident.
I still love the island. It's probably my favorite place to vacation. Just check your luggage before you go. Ha.
My point is this: be present. Enjoy your life. One day something could happen — even by complete accident — and yoink it all away.
I have so many friends who'll read this and by all definition live a "dream life" — and yet are dissatisfied just like I was. If anything this is the default for most successful men. Not the exception.
I'm writing this to help you stop.
It took god slapping me across the face with my own ignorance to see it. It was painful and scary. Dark.
But honestly, it was the greatest blessing I've ever received. I'm writing this from my office at home, giddy as absolute fuck about my life and everything I have the option to do today.
If anything, I'm sad about how much time I wasted feeling otherwise.
Don't be ignorant and stupid like me. You might not get the blessing of a 15-year prison threat in a foreign country to wake you up.
Wake up. Appreciate what you have now.