Spoke to a RIA. I asked if his clients inquire about bitcoin. He said they haven’t. My response was “we are still early, they are still measuring wealth in a fiat system”. This comment created an inquisitive look. The conversation carried on for a short bit longer then he said “if I were to advise a position in bitcoin it would be 5% or less”.
This made me think:
Take the amount of bitcoin you currently hold and multiply it my the current price then divide it by 5%.
For instance you own 1 BTC at $60k / 5%. This means someone would need to have a portfolio valued at $1.2m in order for RIA to recommend a 1 BTC allocation.
If you own 1 BTC you are most likely wealthier than most with a $1.2m portfolio.
I would never publicly discuss how I personally secure any Bitcoin I may or may not hold.
And neither should you.
Never disclose your wealth or the details of your security setup.
For me, that’s both a spiritual principle and a security necessity.
But it’s too late for me.
At some point, I’ll stop discussing these matters publicly, once I’ve shared everything I want to pass on.
That’s also why I’ll be open-sourcing the books I’m currently writing, so the knowledge and resources are accessible to everyone.
No sponsorship.
No monetization.
No upsell.
No business model.
I’ve been given everything I want.
Now I want to pass it on.
In the meantime, I think most Bitcoiners should aspire to this level of self-custody security:
https://t.co/1zEczeKKB4
I didn’t write it.
Bookmark it.
Start as soon as you can.
Take your time.
Never reveal your setup.
The goal is sovereignty, not just custody.
Over to you.
I’ve said it before and I’ll say it again. It’s irresponsible to not own bitcoin.
First, companies will say, “We accept bitcoin.”
Then, they’ll say, “We only accept bitcoin.”
Then people will not value dollars or fiat, and there will be a run on the banks.
Eventually, the world will never be the same.
The individuals and companies that are ready for the seismic shift will come out ahead.
Those that are left holding legacy currency will not.
Bitcoin will never break its all-time high again." — Jason Calacanis
Jason, I'll bet you $1,000,000 it will break its ATH. Here are the terms:
Bitcoin hits or exceeds $126,210.50 on or before October 28, 2028, 12PM PST
I’m happy to trust you to pay or if you prefer we can each escrow the dollars with independent party.
The bet is either settled when Bitcoin hits the ATH or on October 28, 2028.
@jason Do we have a bet?
🚨 YOUTUBE JUST BANNED SIMPLY BITCOIN
After 6 years of building this channel, hundreds of hours of work, and our commitment to following YouTube’s Community Guidelines, our channel has been banned.
@YouTube@TeamYouTube@YouTubeCreators, why is Bitcoin-only content being targeted?
No, the post is not true or accurate. It fabricates key details around a real event.36
The attached photo shows an unidentified woman (a bystander, not the shop owner) outside a looted Franprix supermarket near Place de la République in Paris on 17 October 2026, during nationwide cost-of-living protests (involving Yellow Vest remnants, students, and others) that descended into widespread rioting and looting. Photographer Frédéric Munsch filmed her intervening as employees stood by helplessly. She shouted that the ransacking “isn’t the cause” / harms the students’ or protesters’ demands (“c’est pas la cause,” “arrêtez de faire ça”) and was pushed aside. She appears distressed in the aftermath photo.66
There is no verified evidence in French media or primary reports that she is:
•A member of a French left-wing party or a prominent activist advocating open migration/asylum for North African peoples.
•The owner of a “small chic boutique” in an upscale area (it was a Franprix chain supermarket).
•Someone who identified herself by name as a famous asylum activist, said she was “with them,” or had defended their entry into France.
•Spat on, knocked down, and trampled (the footage shows her pleading and being pushed aside).
The post’s narrative of a lifelong pro-migration activist stunned as “thieving, rabble-rousing, criminal, barbaric hordes” destroy her life’s work is unsupported invention layered onto the real scene.41
Broader context of the events: Protests over the cost of living, public services, and related issues drew hundreds of thousands (estimates ~550,000–800,000). They were accompanied by extensive violence and looting of roughly 1,500 shops and businesses nationwide (supermarkets, pharmacies, fashion/luxury boutiques, electronics stores, etc.), with many arrests and injured police. French authorities (Prime Minister Sébastien Lecornu, Interior Minister Laurent Nuñez, President Macron) attributed the organized violence and looting primarily to far-left/ultra-left fringe groups plus opportunistic criminals. Some footage and reports noted looters of immigrant background in places, and migration remains a live political issue in France, but the specific “activist betrayed by the migrants she championed” story has no grounding.16
In short, the photo and video capture a real bystander trying to stop looting at a supermarket during chaotic unrest. The rest of the viral claims about her identity, politics, ownership, and the precise assault details do not hold up.
**No, the post is not true or accurate.** It fabricates key details around a real event.<grok:render card_id=“97fa77” card_type=“citation_card” type=“render_inline_citation”><argument name="citation_id">36</argument></grok:render>
The attached photo shows an unidentified woman (a bystander, not the shop owner) outside a looted **Franprix supermarket** near Place de la République in Paris on 17 October 2026, during nationwide cost-of-living protests (involving Yellow Vest remnants, students, and others) that descended into widespread rioting and looting. Photographer Frédéric Munsch filmed her intervening as employees stood by helplessly. She shouted that the ransacking “isn’t the cause” / harms the students’ or protesters’ demands (“c’est pas la cause,” “arrêtez de faire ça”) and was pushed aside. She appears distressed in the aftermath photo.<grok:render card_id=“a62095” card_type=“citation_card” type=“render_inline_citation”><argument name="citation_id">66</argument></grok:render>
There is **no verified evidence** in French media or primary reports that she is:
- A member of a French left-wing party or a prominent activist advocating open migration/asylum for North African peoples.
- The owner of a “small chic boutique” in an upscale area (it was a Franprix chain supermarket).
- Someone who identified herself by name as a famous asylum activist, said she was “with them,” or had defended their entry into France.
- Spat on, knocked down, and trampled (the footage shows her pleading and being pushed aside).
The post’s narrative of a lifelong pro-migration activist stunned as “thieving, rabble-rousing, criminal, barbaric hordes” destroy her life’s work is unsupported invention layered onto the real scene.<grok:render card_id=“24179b” card_type=“citation_card” type=“render_inline_citation”><argument name="citation_id">41</argument></grok:render>
**Broader context of the events**: Protests over the cost of living, public services, and related issues drew hundreds of thousands (estimates ~550,000–800,000). They were accompanied by extensive violence and looting of roughly 1,500 shops and businesses nationwide (supermarkets, pharmacies, fashion/luxury boutiques, electronics stores, etc.), with many arrests and injured police. French authorities (Prime Minister Sébastien Lecornu, Interior Minister Laurent Nuñez, President Macron) attributed the organized violence and looting primarily to far-left/ultra-left fringe groups plus opportunistic criminals. Some footage and reports noted looters of immigrant background in places, and migration remains a live political issue in France, but the specific “activist betrayed by the migrants she championed” story has no grounding.<grok:render card_id=“6263db” card_type=“citation_card” type=“render_inline_citation”><argument name="citation_id">16</argument></grok:render>
In short, the photo and video capture a real bystander trying to stop looting at a supermarket during chaotic unrest. The rest of the viral claims about her identity, politics, ownership, and the precise assault details do not hold up.
There’s 2 types of “taxes” governments use to plug deficits.
1) Tax on income and
2) property confiscation
Confiscation has 2 types:
- Debasement which hits the poor who save in cash and do not own assets
- Wealth taxes which targets the rich who don’t own money, they own the means of production
The former makes the poor poorer and leads to civil war and revolution
The latter destroys the means of production, the economy collapses and the country fails