I'm not a Bitcoin Maxi
I'm a Tool for Trade Maxi
#Bitcoin is just the best tool I've ever found to trade my time and labor for
#Money#USDollar#ToolForTrade
Just in time for @TheBitcoinConf day 1, the new https://t.co/KJaeStj9iS is live!
This is a comprehensive overview of one of the greatest injustices to happen in bitcoin.
On the site:
Summary, timeline, court documents archive, petition, and more.
#FreeSamourai#PardonSamourai
Steak n Shake's Burger-to-Bitcoin transformation continues.
Today we increased our Bitcoin exposure by $5,000,000 in notional value.
All Bitcoin sales go into our Strategic Bitcoin Reserve.
Our self-sustaining system — improving food quality that grows same-store sales that then grow the SBR — is transforming the chain via financial technology.
Steak n Shake is a Biglari Holdings company.
Why let Wall Street decide your future?
With a Self-Directed IRA, you can hold real Bitcoin—tax benefits intact.
Simple. Secure. Yours.
🔗 https://t.co/AwOWFENVPm
#Bitcoin#RetirementPlanning#SelfDirectedIRA
Every Company is a Bitcoin Miner — Here’s Why That Matters
Bitcoin miners invest heavily in CapEx, hashrate, and operations to earn block rewards.
Yet, despite their expertise, they’re often forced to sell over 80% of mined Bitcoin just to sustain operations—constrained by high costs, difficulty adjustments, and power contract negotiations.
But what if the most efficient “Bitcoin miners” aren’t miners at all?
The Hidden Opportunity: Free Cash Flow as Hashrate
Businesses with stable free cash flows, operational excellence, and healthy unit economics are, in many cases, better positioned to "mine" Bitcoin than traditional miners.
They can retain more Bitcoin without the operational burdens of physical mining.
🔹 Lower Cost of Production → No need for hardware, energy contracts, or CapEx.
🔹 First-Mover Advantage → Easier to accumulate Bitcoin today than in a future of higher hash rates and halvings.
🔹 Network Effects → Bitcoin’s appreciating purchasing power amplifies their competitive edge.
The Parallel to Tech Giants
Imagine if @Apple ($110B annual FCF) or @Google ($70B annual FCF) allocated even a fraction of their cash flows to Bitcoin.
They’d effectively become the world’s most efficient miners—without ever spinning up a rig.
The Philosophy Shift
Companies that recognize they’re already Bitcoin miners in disguise—just with free cash flow as their "hashrate"—will emerge as category winners.
At @Early_Riders, we back and build businesses that embrace this mindset. Want to learn how your company can leverage this strategy?
📖 Read the full report below:
Oops...the first thing I try to do on X and I screw it up! I accidentally deleted my last post about taking over the account:
6.5 years ago my wife created this X account to give me my voice back. All this time, she relayed my messages to you word for word. Starting now, MY fingertips are on the keyboard!
Here we are, one week after my release, our prayers finally answered.
Come one, come all, even your salty no-coiner friends!
It’s the Dallas BTC Meetup!!!!
🚨TONIGHT 🚨
Where: @Dunstons_Steak at 5423 W lovers ln Dallas, tx 75209
When: Dec 12 @ 6:30p
Sponsors: @unchainedcom & Cholla!!!
With no exaggeration, this is how bitcoin takes the bond market.
Even as BTC realized vol is dampened, it can be offset w/ additional leverage.
Maybe ~10k people understand the derivative math + implications of waves of fiat credit extension to buy absolutely scarce BTC.
The #Bitcoin network has processed its one billionth (1,000,000,000) transaction in block 842,241 on Sunday, May 5, 2024.
A major milestone in just 15 years, 4 months and 4 days (or 800 weeks) after the network’s genesis block on Jan. 3, 2009, a decade faster than Visa.
People are starting to see massive increases in their home and auto insurance bills.
What's happening?!
Why is my bill up 66% for no reason?
Well imagine you're an insurance company.
Service and raw material costs are way up due to inflation, so the claims you need to pay out are far more expensive than you planned for.
And at the same time, your "conservative" bond portfolio has been rekt by the worst bond market crash since 1871.
So how do you make up the difference?
You either raise premiums or stop offering insurance.
This is why every bond portfolio needs #Bitcoin as a debasement hedge.
BlackRock has run the numbers.
Which is exactly why they're adding BTC to some of their bond portfolios.
Everyone else is learning the hard way that there are serious consequences to the biggest bond market crash in 150 years.
Lots of people chuckling but nobody suggesting an answer, at least in language that normies can understand.
US government doesn't really print money, because printing money is irresponsible. If US government just printed money, it would go straight to inflation, and not 5% but more like 50% or even 500% or even 5000% per year. They wouldn't be able to do it for a very long time.
So what does US government do? It sells bonds (debt). It borrows money. That debt is bought by other countries or by Americans who have extra money. Why do they buy US government debt? Because it is safe and gives interest. It's like putting the money in a a bank or CD only better. Mainly because it is safe. Who would you rather lend money to, US or Serbia?
Take China: China gets a lot of dollars from the US for its exports to the US. Some of it is used to buy American products, but, as we know, China exports more to the US than it imports. So it has extra dollars. What is it going to do with those dollars? It buys US debt, because it gets some interest on it then. Otherwise it would just sit in the bank doing nothing.
So far so good.
But what happens if there are not enough buyers for US government debt AS HAS BEEN HAPPENING REGULARLY SINCE 2008.
Does the US government say "oh shucks, I guess we'll just have to spend less?" Of course not.
Enter the Federal Reserve, or the US Central Bank. They just buy up whatever debt nobody else wants. Where does the Federal Reserve gets the money to buy that debt? They don't. They print it.
You see, it is not the US government that prints money, it is the Federal Reserve that prints money. And they are not part of the US government. Who are they? They are a private bank. What? Yes. Wait. That doesn't make any sense.
Well, that's why this guy is confused.
So what if the Federal Reserve goes bankrupt? Why would they go bankrupt? They can just print money forever.
So this is all one giant scam? Yeah, the biggest scam of all scams. So why do people participate in this scam? Like China? Well, China kind of does the same thing. For one, two China benefits from it. Americans buy lots of stuff from China, that's jobs. But what does China do with the dollars they are just pieces of paper? It goes and buys a gold mine in Serbia with the dollars. Why would Serbia give China a GOLD MINE in exchange for some dollars? Because Serbia can use dollars to buy oil from Saudi Arabia. So what does Saudi Arabia do with the dollars?! It buys US debt, silly.
It's a Ponzi Scheme!
Ok, lots of people will tell you this story, but they will forget to mention one important thing: there are several billion humans going to work every day working for 8 hours or so. Working. Creating value (products and services). And so total value of everything in the world is increasing every day. There are new buildings and roads and chairs and cars and noodles and milk and YouTube videos and mobile phones and computers and people are able to get back to work because someone has cured them from a disease.
This is why it's not really a Ponzi Scheme. Money is circulating and new money is constantly being added, but real value and assets are also constantly being added. There is real input to the scheme, human labor. Just think, there is more STUFF in the world today than 100 years ago. That's why there are also more dollars in the world.
So what is the problem then? The problem is that the world economy, specifically the US economy, is borrowing more than it is going to able to pay back and that it is producing. If you want to borrow money, you have to prove you can pay it back. Some people can borrow more, some less. Elon Musk can borrow more money than me. US can borrow more money than Serbia. But can Elon Musk borrow 10 trillion dollars? No, not even Elon Musk can borrow that much money because he will never make that much money in his entire life, but he can borrow maybe 30 billion dollars.
US is borrowing more than it will be able to pay back and even more than there is extra dollars out there to buy what it demands (that's why Federal Reserve has to "buy" it: print money).
The problem is that printing money (by US government via the Federal Reserve) leads to inflation. High inflation = high interest rates. High interest rates depress economy => producing less => fewer taxes collected => more money printed => higher inflation. It's a downward spiral. Is US government then at least SPENDING less? Oh no, they are increasing spending. The worse it gets, the more money US is spending.
How does this end? It ends in hyperinflation and collapse of the dollar. Nobody will want to buy US debt anymore because US is irresponsible. The trust will be lost. Hell, better to buy Serbia's debt than US debt at that point, or even better China's or Russia's.
So why doesn't the US just stop spending so much? Like all these wars at least. Why doesn't a drug addict just stop taking drugs, don't they see they are destroying their health and will probably one day die of it? It's an addiction. And feeling of entitlement. When you are rich and on top of the world for so long, you cannot just one day say, oh well, I guess I have to tighten my belt a bit and live more modestly. Who me? Elon Musk? Now have to give up my private plane and fly commercial, economy class?