#cfe

Life long hard working inventive artistical self employed hardline future motivated empathatic moralistic human being all ways

[Wall Street Apes @WallStreetApes]

This is how Democrats stay in power in California

US Attorney Bill Essayli was kicked off the Elections Committee by Democrats for fighting for Voter ID

🚨 He exposed how the State’s website allows ANYONE to receive mail in ballots without a drivers license or social security. You simply check the box, ‘I don’t have one’ and are sent a ballot

“The Democrats in our legislature in Sacramento kicked me off my elections committee for fighting for you, the voters, and speaking up on voter id”

“I'm on the website for the State of California to register to vote on the section where you put in your driver's license, your last four of your social, there's a box underneath each one. It says, I don't have one. I don't have one. And then you're allowed to proceed to go to vote. What is the agenda here? Why do we let people register to vote and we don't verify their immigration status? We need to instill confidence in our elections”

Here’s how Democrats rig elections with those mail in ballots

California moved aggressively toward universal mail-in ballots. Key steps included:

- 2016-2018: Laws like the Voter’s Choice Act expanded vote-by-mail options.

- 2020+ Permanent universal mail-in ballots, every registered voter gets a ballot mailed automatically

Ballot harvesting third parties collecting and delivering ballots was also legalized and expanded

The finishing blow: In 2024 SB 1174 was signed. It locked in the statewide no-ID standard

And that right there is how you permanently rig elections forever

No one can ever beat this voter fraud

We need a federal audit of California elections

The punishment for election fraud should be equivalent to the punishment for treason, because that’s exactly what it is

[Proud Elephant 🇺🇸🦅 @ProudElephant]

Good question… 🧐🧐🧐

[CryptosRus @CryptosR_Us]

🚨JUST IN: LUMMIS FIRES BACK AT JAMIE DIMON

"He either hasn't read the bill or he wants to mislead people."

Anti-money laundering and bank secrecy rules apply equally to digital assets.

It's already in the CLARITY Act. 🔥

[#cfe @GutterScreen]

Sore neck walking

[Massimo @Rainmaker1973]

You may have missed this, but quadrobics is a full-body exercise trend that involves moving on all fours, mimicking the quadrupedal movements of animals.

This lady has been practicing it for 3 years

[📹 alexias. film]

[CryptoGoos @cryptogoos]

🚨 ELON MUSK IS GOING TO WAR WITH THE BANKING CARTEL.

SpaceX is in talks to pay Wall Street under 0.75% to run the biggest IPO in history.

For context: most IPOs hand banks 2–7% of the money raised.

On a $75 BILLION raise, a normal 2% cut = $1.5 billion to the banks.

Elon's deal? Around $500 million.

He just slashed nearly a billion off Wall Street's payday.
Nobody negotiates with the banks like this.

Follow for every move before June 12.

[Nicolas Hulscher, MPH @NicHulscher]

BREAKING: NIH ebola expert ARRESTED by the FBI for smuggling deadly pathogens into America from the Congo

Vincent Munster was BUSTED at an airport with 113 vials containing monkeypox, chickenpox, and human DNA.

93 of the vials haven't even been tested yet......

[The SCIF @TheSCIF]

Michigan 2020 election worker testified that ZERO military ballots went to Trump, and all ballots were just for Biden, not even down-ballot votes. Just Biden.

Voters were found with impossible DOBs, with one born in 1928 but registered to vote in 1900, 28 years before they were even born. Military ballots showed a DOB of 1/1/1900. Supervisors refused to explain why and blocked challenges.

Ballots were backdated from 11/4 to 11/2, voters weren't found in electronic or supplemental poll books, so they were added as new voters, with fake 1/1/1900 DOBs. Thousands of similar affidavits document the same fraud nationwide.

Patterns don't lie, electronic voting machines and politicians do. The 2020 election was stolen.

[Suneel Dhand MD @DrSuneelDhand]

Almost 5 years to the day I had been working in a New York City Hospital

Took care of loads of patients that day, some of whom had COVID

I was healthy and testing my own COVID antibody levels [HIGH]

Had no interest in COVID vax, declined

Stepped outside end of long shift

Denied entry into two restaurants to eat because I didn’t have my “vaccine card”

Super hungry, had to walk almost half a mile to a convenience store to get some chips and candy to eat (literally the only thing!)

Y’all might be able to forget how crazy the world got. But I will never

And I’ll always have my guard up because it was the first time in my life I realized a supposedly advanced country with educated people was capable of extreme stupidity and crazy level rule-following

[The SCIF @TheSCIF]

Dominion was sending in representatives all across the country to election precincts to wipe election data to cover up the stolen 2020 election.

Tina Peters knew there was fraud going on and exactly why she preserved the election logs before Dominion could come in and destroy it.

She was punished for saving and exposing the evidence of the stolen 2020 election, but now she is FREE. It's time to finish what we started and prosecute these crooked traitors.

[#cfe @GutterScreen]

He should ask for his sins to be forgiven and give thanks for his blessings. And join the Bitcoin Ethos.

[BitcoinSapiens ⚡️ @BitcoinSapiens]

Jamie Dimon: "Immigration - What the hell are we doing? The bottom 20% of our population, their wages didn't go up for 20 years. They're dying 7 years younger… Their schools don't work… [Americans] should be getting sick of it."

[Mike Lee @BasedMikeLee]

Our elections are on the brink of losing their credibility, based on the fact that our current laws make it stunningly easy for noncitizens (roughly 30 million) to register and vote in U.S. elections.

The cure for this ailment is the SAVE America Act.

Tragically, that bill remains sidelined as the Senate tries to end the Democrats’ still-ongoing shutdown of major elements of DHS.

But once DHS has been fully funded—which should happen very soon—the Senate must resume consideration of the SAVE America Act.

Once it turns back to the SAVE America Act, the Senate should continue debating it until it passes.

[#cfe @GutterScreen]

Sheeple

[Ben Justman🍷 @BenJustman]

I just bought 800,000 bitcoins

Now crash the market after I sell 32 of them

[#cfe @GutterScreen]

Give your Bitcoin the Rumple Stiltskin effect! You will be glad you did.

[WWG1WGA🇺🇸♥️ @WWG1WGA_QQ]

🚨 JUST IN: Stephen Miller lays it out PERFECTLY

Imagine a "native Minnesotan who works as a lineman...worried about his ability to support for and provide his family."

"And then imagine that he has a neighbor who's a SOMALI REFUGEE who arrived two years ago and has a Mercedes and NO financial stress and no worries at all in the entire world and never seems to ever go to work at all because he just went to an office in the state, lied on a piece of paper, and got unlimited free money forever for life!"

"THAT is the system that is being run and that is the corruption that this task force under the leadership of the Vice President is going to demolish."
@TRUMPNEWS_QQ

[Documenting Saylor @saylordocs]

Nayib Bukele: “The Federal Reserve is nothing federal and has no reserves."

"They rob you from your wealth and from your savings and that’s immoral."

"It’s not only immoral but it also destroys some basic economic principles like saving.”

He is Right.

[#cfe @GutterScreen]

New pope mobile is something else

[illuminatibot @iluminatibot]

Light Ship caught on video in Italy

[#cfe @GutterScreen]

Who's the CEO AND CFO AND CTO?

[ApesNeverLeave 💹🧲 @TimmyO315]

Stop trading and believe in something.. #spx6900 is the way.

[#cfe @GutterScreen]

Hodl is the modl

[Michael Saylor @saylor]

HODL

[#cfe @GutterScreen]

I see it! I really do. And the horizon keeps shining every morning. Everywhere. The time seems slow at times. Yet Bitcoin must grow for what it was programed to do.

[Jesse Myers @Croesus_BTC]

I’m sick of it. The Bitcoin gloom and disappointment. Don’t you see what is underway?

When you close your eyes, there’s one number you should see in your mind: $500T of fiat assets.

That’s how much global asset value is sitting in Bonds (fixed income) & Money (M2 fiat currency). Why does that matter?

Because that giant reservoir of ~½ the world’s asset value contains the potential energy necessary to power hyperbitcoinization.

This is what Saylor sees.

But do you see it yet?

Consider Hoover Dam. The reservoir behind it contains 12 TWh of usable hydroelectric energy – it just looks like one big lake, calm and placid. But if you stick a pipe through that damn and put a turbine generator in the middle of it and let the water run through it… you can generate enough energy to power the city of Las Vegas for 5 years.

That’s potential energy. Stored, untapped power. And by removing the barrier for the water to flow towards a lower energy state, you can harness the pent up power of the reservoir.

This same mental model works for capital.

A high Sharpe ratio is the financial analogue of a low-energy equilibrium state. Capital flows downhill, always seeking lower risk per unit of return.

(Yes, I know everyone thinks about it as “highest return per unit of risk”, but this is the equivalent and helps understand the physical metaphor)

Do you see it yet?

Think about all the capital parked in fixed income instruments or money market funds. All of this capital is parked there because it has historically provided an acceptable trade-off of modest nominal returns for minimal risk.

The entire premise of fixed income is “here’s a way to park cash in low-risk instruments that will generate a positive return slightly greater than inflation.” Adjacent to this asset category is “cash and cash equivalents” where the value proposition is somewhat smaller returns in exchange for even less risk.

And over the decades, a steady stream of capital has found its way into these asset buckets that promise low risk and modest nominal returns via future fiat cashflows.

These buckets have become a giant fiat reservoir, brimming with nearly $500T of capital.

Do you see it yet?

Along comes Strategy. @saylor realizes that much of this $500T of capital would be better off if it flowed into Bitcoin. But Saylor also recognizes that this reservoir of capital is inherently constrained. Boxed in by convention, investment mandates, risk management, volatility aversion, etc.

It won’t flow to Bitcoin on its own. It can’t – it’s walled off, dammed up.

Strategy engineers a solution. Creates a product to meet that capital where it’s at. The $500T fiat asset reservoir wants low risk, low volatility, fiat cash flows. Strategy designs preferred equity instruments that solve for these constraints, while Strategy uses the fiat capital proceeds to buy Bitcoin (which it believes will appreciate at 29% CAGR for the next 20 years).

In exchange for capital today, STRC offers 11.5% annual returns with volatility asymptotically approaching 0. The Sharpe ratio is off the charts. It breaks everything in tradfi portfolio allocation. At first glance, it seems impossible. But it works because it’s not powered by risk-taking layered on top of fiat inflation; it’s powered by the ongoing monetization of a superior monetary asset whose endogenous properties ensure its appreciation when valued in fiat currency units over time.

Saylor terms this kind of Bitcoin-powered fixed income offering “Digital Credit.”

When a commodity flows from a high-energy state to a low-energy state, it releases energy. In the case of Hoover Dam, that energy can be used to power a hydroelectric turbine. In the case of Bitcoin treasury companies with Digital Credit offerings, that energy can be used to power shareholder returns for common equity holders. This can happen in every major capital market in the world.

Do you see it yet?

Strategy has stuck a pipe through the dam. A conduit through which capital can flow out of the Fiat Asset Reservoir and towards a low-energy equilibrium state. Digital Credit offerings (e.g., STRC, SATA, and others) create that value proposition.

And what’s the Total Addressable Market (TAM)? All $500T of fiat assets in the reservoir.

The recent SpaceX IPO Prospectus recently made a splash by claiming the company had a combined $28.5T TAM, proclaiming that this was the “largest TAM in human history.”

But my essay from 2023 titled “Bitcoin’s Full Potential Valuation” already articulated how Bitcoin’s TAM is all value itself, above and beyond the usual lens of annual economic activity across industries. Saylor read it, adopted it for his presentations, and built on it with the Bitcoin24 valuation model.

The SpaceX Prospectus is wrong. Bitcoin has the largest TAM in human history.

And Digital Credit has the second largest TAM in human history – the $500T Fiat Asset Reservoir.

Do you see it yet?

Digital Credit offerings will redirect some % of the $500T Fiat Asset Reservoir into Bitcoin. This will happen because the value proposition of Digital Credit offerings is higher Sharpe than anything I am aware of in the entire $500T reservoir, inflation-adjusted.

Think of it as the Second Law of Capital Dynamics: capital flows toward assets offering superior risk-adjusted returns.

If Digital Credit ingests 1% over the coming decades, that’s $5T. It seems unreasonably pessimistic to think that only 1% of the $500T Fiat Asset Reservoir would be interested in vastly better returns with a similar (or better) risk profile.

Let’s say Digital Credit appeals to a (still-conservative) 10% of the $500T fiat asset reservoir, that’s $50T.

Bitcoin is currently a $1.5T asset.

Do you see it yet?

Digital Credit may direct a torrent of $50T of capital into Bitcoin over the coming decades. All of it bidding for a finite supply of Bitcoin.

The scale of that inflow would likely drive Bitcoin’s valuation to $10m/BTC, or ~$200T total.

Digital Credit is the plumbing of hyperbitcoinization.

This is how it happens – you’re watching the early stages of Bitcoin’s monetization megatrend.

The question is: do you see it? Or will it have to play out first?

[#cfe @GutterScreen]

Part of the gang

[Guy Swann @TheGuySwann]

The f*ckng developers of Samourai wallet got 5+ years and they didn’t steal a cent from anyone.

When you think you hate your govt enough, you find out you’re wrong.