It took humans thousands of years to come up with a type of money that was decentralized, has a finite cap, and can’t be taken from you…
We’re 17 years in, and most people are trained by propaganda to think it’s some type of scam
Society moves very slow
@PeterSchiff@saylor Only losers pick a convenient point of time to spin their lies into temporary truths in order to manipulate people who trust them. This is you. When bitcoin was at $120k, you looked like a moron. When bitcoin goes to $150k+ next year, you will again look like a moron.
@PeterSchiff@saylor You prove your manipulative nature with this reply. Prices go up and down every second, minute, day, and month. Bitcoin goes way up over several years. In fact, all those years, Bitcoin has made you look like a fool as you have be wrong for all of them. I see why you cherry pick.
"Bitcoin isn't backed by anything."
Let me stop you right there.
Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.
Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.
The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.
The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.
Now let's talk about what is backed by nothing.
The dollar.
It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.
In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.
"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.
Follow if you're serious about building wealth they can't print away.
The current trend price for Bitcoin as provided by power law is just above the all time high. The bottom price is only approximately 10% below the recent low of $60,000 per coin. Expecting new lows below the bottom price is like declaring the entire correlation between Bitcoin price and time to be spurious.
Good luck with that.
Starting today, every Steak ’n Shake hamburger will be made with 100% grass-fed, grass-finished beef from pasture-raised cattle.
We hope other fast-food chains follow suit and make this simple, healthier change.
Starting today, all our beef comes from pasture-raised cattle. Our beef is 100% grass-fed and grass-finished — no antibiotics or hormones added, ever.
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Let us know what you think of our 100% grass-fed Steakburgers.
Go MAHA!
MSTR CEO PHONG LE: I was nervous in 2022 when Bitcoin dropped from $64K to $16K.
I’m not nervous now.
There’s a lot of headwinds for Bitcoin that are about to turn into tailwinds.
Banks and the markets are all closed tomorrow…
Yet, I could send $3B during Monday brunch, and all for just a few cents in fees
Bitcoin is the most liquid asset of all time
You can't tax rich people on unrealized gains from stocks because "it's not real money until it's sold."
So explain to me why my property taxes keep going up based on the unrealized value of my house?
I didn't sell it.
I didn't cash out.
I didn't make a profit.
But somehow I'm paying taxes on paper gains every single year.
Interesting how "unrealized gains" only become a problem when wealthy folks are involved.
The Count of Monte Cristo (2002) is the kind of movie people randomly catch on TV once, then spend years recommending to everyone afterwards. The prison escape, the payoff, Guy Pearce’s performance … it’s just ridiculously satisfying.
@ewarren Liz, you're worth $30M and have never earned more than $200K in a year.
You're unexplainably, generationally, impossibly wealthy after an unremarkable career in "public service." Maybe sit this one out.
Here’s your daily reminder that your tax dollars are going to men like this to run “daycares” who can’t even answer a basic question about the $2,250,000 they receive from our tax dollars
“F*cking million dollars, don’t worry about it!”
ARREST ALL THE FRAUDSTERS
They cannot tax you 20% more without you resisting it, so they print the money instead and take it through inflation.
You pay the same price either way except one method requires your permission (sort of) and the other one doesn’t at all.
Ron Paul said it is not a coincidence that the 20th century was both the century of central banking and the century of total war.
Starting June 1, we’re doing things better at Steak n Shake — all our beef will come straight from pasture-raised cattle. This beef will be 100% grass-fed and grass-finished, making us the only American burger joint serving the healthiest kind of beef.