Every country on planet Earth is built on conquest. Every “indigenous” tribe claimed its land by conquest. Every line on the map, across every continent and every ethnic group, was drawn by conquest. Apologizing for this is like apologizing for gravity.
Mostly true. What matters is securing the long-term future of consciousness, both on Earth and other heavenly bodies.
We cannot just focus on Earth, because there are irreducible external (eg massive meteor) and internal (eg global nuclear war) cataclysmic risks.
The Moon is faster to make self-growing, but is more susceptible to problems on Earth. Mars will take longer to make self-growing, because it is so hard to reach, but is more secure from Earth disasters for that same reason.
Both the Moon and Mars should have self-growing civilizations. Making this happen is the prime directive of SpaceX.
Bitcoin has won. Global consensus is that $BTC is digital capital. The four-year cycle is dead. Price is now driven by capital flows. Bank and digital credit will determine Bitcoin’s growth trajectory. The biggest risk is bad ideas driving iatrogenic protocol changes.
@Rose5G20@kateseliz8 I PRAY MY CHILDREN FIND THE TIME I COULDN'T TO RESEARCH WORTHWHILE SUSTAINABLE BITCOIN POSSIBILITIES FOR THE LONGTERM FINANCIAL SECURITY OF MY LIFE ENDEAVORS 📌
We sat down with @Strategy CEO @phongle to unpack something that few fully understand quite yet: digital credit. 👀
This isn’t just theory, it’s the mechanism behind $STRC and how Strategy is able to continuously accumulate BTC. 📈
Watch this and expect the entire flywheel to click.
Timestamps:
00:00 - What is digital credit?
00:25 - Phong Le’s Bitcoin journey
03:01 - Why people misunderstand preferreds
03:56 - TradFi vs digital credit
06:09 - Strategy’s role
08:03 - Where yield comes from
09:28 - Why preferred equity
11:11 - Why yields are high
11:58 - Supply/demand dynamics
15:37 - Retail access
16:55 - Future of preferreds
22:23 - Tokenization + 24/7 markets
24:44 - STRC vs owning BTC