Jayant Thube

Seeker of Truth.
Eat less & meditate.

Did you learn something about Bitcoin today?

[Jayant Thube @AndroJoy]

@technologypoet @Vanguard_Group @Fidelity Consider having at least 1 #btc in self custody, just in case.

[Jayant Thube @AndroJoy]

@denverbitcoin Time.

A lot of time has passed since microstrategy stock price gained hundreds of percentages.

ETF will be new entry point for many.

#Bitcoin Spot ETF will not swing as much as a company stock when it has gained enough traction, and can mimic Treasury over log period of time.

[Oliver L. Velez ⚡️ Bitcoin Intelligence @olvelez007]

Today, I increased my % ownership stake in the entire global #Bitcoin network, and no single person, organization or government on a Earth can ever change that. That % I own now can never go down. I can't be debased, diluted or bought out.

Back in 1994, when use of the internet became legal in the Unites States, I set up my first website. But, being from Wall Street, I wanted to own a piece of the internet itself. I knew this was going to be big. I researched and research and realized that it was an open protocol that no one could actually own. You had to build something on top of it that could be owned, but you could never own the engine of power, the land underneath it all.

Apple, Amazon, Google, and Microsoft become trillion dollar companies built largely on top of this protocol I wanted to own but couldn't. If they are now worth trillions, the protocol that serves as the engine underneath their businesses must be far more valuable, right? We can own them, but we can't own what drives them.

For the first time, the actual network, the actual protocol of something can be owned by every human being, and look how early it is (image 1). How insane is that?

When have we ever been able to own a peice of a protocal, a network, an engine, much less a protocol or network of money? Never.
This is the first time.

#Bitcoin is the internet (protocol) of money and we can own it. Are you taking advantage of it before it's all gone or out of reach? If not, I'd get to it. It just might catch on (as if it hasn't already). Image 2. 😆

[James Campbell @jam3scampbell]

Ok WHAT. I had no idea “The Population Bomb” led to the sterilization of 8 million Indians and Paul Ehrlich just lives out his life as a beloved professor. From a recent ACX post—

[Anthony Pompliano 🌪 @APompliano]

American manufacturing is going to make a massive comeback.

The greatest nation on earth for a reason 🇺🇸

[Anil Patel @anilpatel]

I'm sticking with iron.
Those steel maxis are too rude.

I'm sticking with the postal system. Those email maxis are too pushy.

I'm sticking with coal.
Those oil maxis are too loud.

TL;DR don't let your emotions get in the way of engineering decisions.

[Jayant Thube @AndroJoy]

Assume current price of #Bitcoin as 25,000 dollar.
Assume a house priced at 500,000 dollars.

Question: When #Bitcoin will be 100,000 dollars per bitcoin, what will be price of that house?

[Jayant Thube @AndroJoy]

@Musicalmindz @alexwd @chriscanal4 @balajis Inflation increased drastically as well, first principle of wealth management is "preserve", everyone who has money wanted to preserve it by earning a little bit more interest so it it is not worth less.

Again, who is destabilizing banks by creating such market situation?

[The Kobeissi Letter @KobeissiLetter]

JP Morgan currently has $2.4 trillion in deposits in the US.

For the entire year of 2022, JP Morgan paid ~$10 billion in interest on these deposits, or 0.4%.

Meanwhile, Apple's new savings account will pay 4.2% in interest to depositors.

If JP Morgan were to raise their interest rate paid on deposits to 4.2%, their interest expense would rise to ~$100 billion per year.

Most accounts at JP Morgan and other large banks are are paying just 0.01% in interest.

How are these banks getting away with this?

[Jayant Thube @AndroJoy]

@Musicalmindz @alexwd @chriscanal4 @balajis Money market gives you 40 times more interest on your deposit, because Fed is increasing interest rates.

Who is trying to start a bank run again?

[Jayant Thube @AndroJoy]

"8 banks are state-owned enterprises for which the profits are privatised to shareholders, but the losses are socialised to the citizens"

Why is this acceptable as society?

[Jayant Thube @AndroJoy]

Listening to "There is infinite amount of cash at federal reserve" bring the same feeling as a slave standing in draught affected empty field looking at palatial big house of their master, "They will take care of me".

It's working as designed, Freedom is underrated in short term

[Anil Patel @anilpatel]

The first step of shooting fish in a barrel is to get the fish in the barrel.

[Brian Roemmele @BrianRoemmele]

One senator will not fall for the manufactured catastrophe built-to-fail agendas of SBF and FTX and their crime syndicates to impact Bitcoin.

The “plan” did not work.

https://t.co/8F8qQGwjor

[Bitcoin Archive @BitcoinArchive]

BREAKING: 🇺🇸 Senator Warren pushes bill to KYC & monitor self-custody #Bitcoin wallets — and also crack down on privacy tools.

Hell no… 🛑🖕

[Jayant Thube @AndroJoy]

@jackmallers when can we send to UPI address in India?

[Jack Mallers @jackmallers]

Send Globally 🌍⚡️

Strike users can now send US Dollars direct to banks and mobile money accounts in Nigeria, Ghana, and Kenya.

#Bitcoin, as an open, global, instant, free settlement network, is starting to act as the payment rail for the world.

https://t.co/byBCxLKKZN

[Jayant Thube @AndroJoy]

@thecryptoc0up1e CBDC without constitutional guarantee that "privacy and freedom of people will NOT be limited" is same as implementing slavery, MUST NOT happen.

BUT

CBDC will be good for modern government, only democratically elected government can collect tax for welfare & distribute benefits

[Jayant Thube @AndroJoy]

@_minisatoshi @JeffBooth CBDC can exist wherein it just removes the middlemen that is the commercial banks.

Constitutional is the way to achieve that Banks are done with while still keeping the privacy and freedom of people.

[Jayant Thube @AndroJoy]

@BitcoinIsaiah @Vivek4real_ I come from Rural India, your assumption won't stand a chance when you face the people!!!

Not demeaning anyone, just stating the fact.

We are not there yet to claim victory, there is way more to do to make Bitcoin accessible to everyone.

[unusual_whales @unusual_whales]

SBF of FTX has hired Mark Cohen as his attorney, per Reuters

Cohen recently defended Ghislaine Maxwell in her sex trafficking trial and defended El Chapo prior to that.