Like a magnet, #Bitcoin aligns protocol participants toward metaphysical true north. #Bitcoin is a digital compass teaching humanity how to most efficiently channel energy for the commonwealth of all participants.
Aging is arguably the root cause of most major diseases (loss of function in our cells). Four years ago, we made a bet that aging was treatable, and NewLimit was born.
NewLimit now has a prototype drug that reverses the age of some human cells (restores function they had when they were younger), and a clinical trial scheduled for next year (with more drug candidates in the pipeline).
Grateful to Founders Fund, Thrive, Greenoaks, and the rest of the investors for this latest round. @jacobkimmel and the team are just getting started.
Good morning.
If you are selling Bitcoin this morning because Strategy sold .004% (1/26,367th) of their holdings, then you do not understand tax harvesting and/or simple corporate finance.
Have a great day.
🏃♂️ I've gamified my own run so I can race my own ghost with the Meta Ray-Ban Display.
I built a web app for the glasses, loaded a previous GPX from Strava, and dropped game mechanics on top.
Pick up coins when you keep pace, sprint zones reward extra points if you push, and a mini leaderboard on the lens shows how you're tracking against your past self in real time.
Best part: it actually works. Seeing your ghost 20 m ahead is a way stronger nudge than any number on a watch. 😅
You start reading weird books.
You buy “The Bitcoin Standard” and then “The Fiat Standard” and then you accidentally end up reading Murray Rothbard, and then somehow you’re reading Mises, and then it’s 11:47 PM on a Tuesday and you’re 340 pages into “Human Action” and you’re highlighting passages about praxeology and your wife comes downstairs and asks if you’re coming to bed and you say “in a minute” but you don’t come to bed for two hours because you have just discovered that everything you were taught about economics in college was wrong, all of it, every single sentence, and now you can’t go back, you can never go back, you have been orange-pilled in a way that goes deeper than money, you have been epistemologically orange-pilled, you now believe that John Maynard Keynes was a charlatan and the gold standard was actually fine and the income tax is theft and you can never say any of this out loud at a dinner party ever again.
Watch a team of humanoid robots running a full 8-hr shift at human performance levels. This is fully autonomous running Helix-02 https://t.co/IdZR0T1F5I
Fast food proliferation has all the hallmarks of an idyllic virus.
*human-to-human spread
*low immediate mortality rate
*high incubate time
Plus, the laboratories are highly profitable.
My Victor stands, amidst the battle lawn.
His weapon fast, no enm’y can respond.
To look on Him, is to be giv’n
A Weapon strong, and guarantee of Heav’n.
Sabastian did not only break a record, he expanded the horizon of human potential. This young man, our hero, did what many believed could not be done.
Sabastian has made the impossible possible.
Boomers bought a house on one income.
You can't buy a house on two.
Same country. Same labor. Same hours.
Different money.
Now ask yourself who took it.
Gold used to back the dollar until 1971.
Now they can print as much money as they want.
This event is what caused the end of single-worker households and the collapse of our birthrates.
We need to fix the money to fix civilization.
Great post @AdamBLiv. I’ve been having similar conversations with people confusing what actually makes Bitcoin decentralized. The truth is, the idea that Bitcoin’s ownership should be more “even” is simply Marxist-communist ideology reborn in the digital economy. My understanding from @jordanbpeterson is that at practically all times and places, wealth distribution in a society follows something of a Pareto distribution. Bitcoin is not here to change that fact, and @Saylor is a great example of that. However, Bitcoin does neuter the ability of entities high on the y-axis to debase those on the x-axis tail of the Pareto. “Bitcoin is decentralized” means all peers are playing by the exact same set of rules at all times, in all places. Some peers will have intrinsic advantages, as has always been true of all games in all places. In this case, I wouldn’t short the orange GOAT. 🍊🐐
A NORMAL PERSON TRIES TO UNDERSTAND ANTI-SAYLOR BITCOINERS:
“Let me get this straight.”
“Okay.”
“You believe people should buy Bitcoin?”
“Yes.”
“As much as they can?”
“Yes.”
“And hold it for the long term?”
“Correct.”
“Because fiat money is broken?”
“Exactly.”
“And Bitcoin is scarce?”
“Yes.”
“And the best way to protect yourself from debasement is to own the scarce asset?”
“Now you’re getting it.”
“Great. So Michael Saylor did that.”
“No, that’s bad.”
“Why?”
“Because he did it with a company.”
“A company owned by shareholders?”
“Yes.”
“Who voluntarily bought the stock?”
“Yes.”
“And the company voluntarily bought Bitcoin from sellers?”
“Yes.”
“At market prices?”
“Yes.”
“Using legal capital markets?”
“Yes.”
“And this changed Bitcoin’s fixed supply?”
“No.”
“Changed the code?”
“No.”
“Changed your node?”
“No.”
“Gave Saylor the ability to print more Bitcoin?”
“No.”
“Gave him the ability to reverse transactions?”
“No.”
“Gave him the ability to censor the network?”
“No.”
“So what exactly happened?”
“He bought a lot.”
“That’s the whole crime?”
“It centralizes Bitcoin.”
“No, it concentrates ownership. Those are different things.”
“They’re the same.”
“They are absolutely not the same.”
“Explain.”
“If one man owns a lot of gold, he does not control chemistry. If one company owns a lot of land, it does not control gravity. If Strategy owns a lot of Bitcoin, it does not control the protocol.”
“But it’s dangerous.”
“To whom?”
“To decentralization.”
“Again, no. Bitcoin decentralization is enforced by nodes, miners, consensus rules, and the inability of anyone to change the monetary policy. Ownership is a market outcome. Protocol control is a technical reality. You’re confusing the cap table with the constitution.”
“That sounds too clean.”
“It is clean. That’s why your argument needs fog machines.”
“Saylor works for the financial-industrial complex.”
“He works for shareholders.”
“He’s helping Wall Street.”
“He’s using Wall Street to buy Bitcoin.”
“That’s the problem.”
“No, that’s the part you’re mad about.”
“But Bitcoin was supposed to be for the people.”
“It still is. Nobody stopped the people from buying it.”
“But now institutions are buying it too.”
“Yes. That is what winning looks like.”
“I don’t like the way it’s winning.”
“There it is.”
“What?”
“The honest sentence.”
“I’m serious.”
“So am I. You spent fifteen years telling everyone Bitcoin was inevitable. Then a public company believed you at scale, and now you’re acting like the fire department is suspicious because they brought too much water.”
“He has too much Bitcoin.”
“Then buy more.”
“That’s not fair.”
“That’s the market.”
“He got there first.”
“That’s also the market.”
“It feels wrong.”
“It feels wrong because he understood the game before the people who claimed to be its priests.”
“Bitcoin should be decentralized.”
“It is.”
“But ownership is uneven.”
“So is intelligence. So is conviction. So is risk tolerance. So is patience.”
“You’re being harsh.”
“No, I’m being precise.”
“Saylor could become too powerful.”
“He can become rich. He can become influential. He still cannot change 21 million.”
“But people will follow him.”
“People follow anyone with conviction and results. That is called leadership. It is not a consensus attack.”
“So you’re fine with corporations buying Bitcoin?”
“I’m fine with anyone buying Bitcoin.”
“Anyone?”
“Yes. Individuals, companies, pensions, insurers, sovereign wealth funds, family offices, weird guys in cargo shorts, and bald men in orange ties with capital markets bazookas.”
“That sounds chaotic.”
“That sounds neutral.”
“Bitcoin doesn’t care who buys it.”
“Exactly.”
“So the anti-Saylor argument is…”
“People should buy Bitcoin, unless they buy too much. Institutions should adopt Bitcoin, unless they adopt it aggressively. Bitcoin should win, as long as it wins politely, slowly, and in a way that flatters the early podcast class.”
“That’s brutal.”
“That’s accurate.”
“So what’s really going on?”
“Simple. Saylor embarrassed the small imagination of his critics.”
“How?”
“They thought Bitcoin adoption meant vibes, conferences, and personal sovereignty lectures. He saw a global capital structure starving for collateral and built a machine to convert fiat demand into Bitcoin accumulation.”
“And the critics?”
“They’re standing outside the machine yelling that the machine is too effective.”
“So the problem isn’t that Saylor betrayed Bitcoin.”
“No.”
“The problem is that he believed in it harder than they did.”
“Now you’re getting it.”