Liberty First

Freedom maximalist. Liberty or bust

[Liberty First @MoreLoveLessGov]

I urge you to really think about this tweet

[Lauren @cabsav456]

The Thomas Massie primary is truly insane. We are looking at the most expensive U.S. House primary in history, with spending pushing toward $35 million.

Massie's opponent, Ed Gallrein, has raised just $2 million on his own. The rest of the money, over $14 million, is coming from outside Super PACs who desperately want Massie gone.

On top of that, Pete Hegseth is being deployed to Kentucky to campaign against him. Stephen Miller & Con Inc. have been on massive Twitter tirades attacking him. And there was a highly coordinated smear campaign of unfounded allegations launched this week by Con Inc. influencers.

When the establishment is willing to spend $35M+ and go to these lengths to take one man down, it really makes you wonder why.

Whether you like Massie or not, this election will determine whether or not we as voters actually have a voice anymore. If outside special-interest money can successfully buy a seat and sway an election like this, we have a serious, serious problem.

[blue @bluewmist]

I live by the Universal Girlfriend Theory which is my theory that everyone wants to be treated like a Girlfriend in the sense they just want to be taken on a fun date they didn't plan and for you to buy them dinner. this applies to women, men, parents, in laws, grandparents, siblings, Everyone. When in doubt I just buy someone expensive flowers and chocolate and it literally has never failed me as a tactic to surprise and delight. huge life unlock

[🏴‍☠️ @calvinfroedge]

This might be the most incredible chart out there

The stuff of revolutions

[Zynx @ZynxBTC]

It's only a matter of time before International Trade is settled in A global neutral reserve currency.

Some are shocked Iran is asking for Bitcoin, but a bit of historical context adds some colour.

At Bretton Woods in 1944, Britain proposed the Bancor - a neutral, supranational reserve currency not controlled by any single nation, designed to balance global trade without giving one country an unfair advantage.

The Americans rejected it. The dollar won and for a while that was fine because the dollar was backed by Gold.

That all came to an end in 1971 when Nixon's temporary suspension of the dollar's convertibility into gold became permanent.

What remained was a reserve currency backed by nothing but American political will and military might.

That arrangement has been slowly dying ever since.

Every round of quantitative easing and weaponisation of the SWIFT system via sanctions has accelerated the search for an alternative.

Countries are now asking themselves why should they trade their resources for a currency another country can print and freeze at will?

A multipolar world needs a neutral, borderless, apolitical reserve asset that no government can weaponise. This is why Iran wants Bitcoin.

In 1944 they called it the Bancor.

Today we call it Bitcoin.

[Chris Millas @ChrisMMillas]

If anyone ever asks you why Bitcoin is better than real estate, show them this.

[Cole Walmsley @Cole_Walmsley]

This is central banking in a nutshell:

A group of rich guys go to the king and say: "Hey, you need money for your war. We'll give you all the money you want."

The king says: "Great, where's the money?"

They say: "We're going to make it up. We'll write numbers in a book and that's your money now."

The king says: "What do I owe you?"

They say: "You pay us back with interest."

The king says: "Where do I get that money?"

They say: "You tax your citizens."

The king says: "What if I can't pay it all back?"

They say: "That's fine. We'll lend you more. Same deal."

The king says: "And what do you do with the IOUs I gave you?"

They say: "We use them to prove we have money, so we can lend even more money to other people and charge them interest too."

The king says: "So you made up money, lent it to me, I tax my people to pay you back, and then you use my debt to make up even more money and lend it to everyone else?"

They say: "Yes."

The king says: "What did it cost you?"

They say: "Nothing."

That's literally how the Bank of England started in 1694. The Bank was formed to finance King William's war with France. The king gave the Bank a charter, granting it a monopoly on money.

The king could have as much money as he wanted. The bankers could always earn interest. Taxpayers covered the bill.

Now replace "king" with "United States Government" and you have the Federal Reserve in 1913. Same story, different country.

It doesn't end there.

185 central banks exist in the world today.

Across the globe, the governments get as much money as they want, the bankers load their pockets with interest, and the taxpayers pay for it all.

Oh, and if you don't pay your taxes, they'll fine you, penalize you, or throw you in jail.

The ONLY way out of this is to STOP USING THEIR MONEY.

As long as you're using the money that central banks control, the central banks will have control.

You have to stop giving them energy.

Use a different form of money that they can't control.

This is why Satoshi Nakamoto created Bitcoin.

[Will @WClemente]

Throughout Bitcoin's life span we have seen two indicators continue to be the best global market bottom signals: The Mayer multiple (distance from 200 day moving average) and the 200 week moving average.

Both of these are clearly in long term accumulation territory. $BTC

[Simple Mining @simpleminingio]

"I'm too late to Bitcoin."

Late compared to who? Your friend? Twitter strangers? Your coworker?

Bitcoin: ~$1.7T market cap
Gold: ~$30T
Global assets: ~$300T+

Bitcoin is less than 1% of global investable wealth.

The "too late" crowd said it at $1,000. Said it at $10,000. Said it at $60,000. Saying it now.

Every cycle it ages like milk.

You're not late. You're VERY early.

[blue @bluewmist]

i have no desire to be rich so i can buy a rolex or a lamborghini.

i want to be rich so i can control my time and go to the gym at 3pm on a monday.

sit at a cafe and relax for an hour on a rainy afternoon.

so i can cook meals at home with fresh ingredients.

spend on my family and friends without worrying about a budget.

that's my idea of a rich life, not the fake consumerist idea shoved down my throat.

[zerohedge @zerohedge]

In the greatest century for technological advancement in the history of humanity, the world's best performing stock market has been outperformed by a mineral.... three-fold

[ecomchigga @ecomchigga]

sat next to a guy on a flight who smelled like old money

rolex. tailored suit. reading a physical newspaper like it was 1987.

figured he was some finance executive or inherited wealth.

we got talking. I mentioned I sell stuff online.

he put down his newspaper.

"what kind of stuff?"

digital products. courses. ebooks. that kind of thing.

he smiled weird.

"I made $4 million last year selling a PDF about aquariums."

I thought he was messing with me.

he wasn't.

this guy is 61 years old. spent 30 years as an accountant. hated every second of it. retired at 55 with decent savings but nothing crazy.

his hobby was aquariums. had been keeping fish tanks since he was 12.

"my wife told me to start a blog so I'd stop boring her with fish facts."

so he did. wrote about aquarium stuff 3 times a week. water chemistry. tank setups. fish compatibility.

for 2 years nobody read it.

"I had maybe 50 visitors a month. all probably bots."

but he kept going because he had nothing else to do.

year 3, one article ranked on google. then another. then another.

suddenly he was getting 100K visitors a month. all people searching for aquarium help.

"I realized these people would probably pay for a complete guide. so I wrote one."

147 pages. everything about setting up and maintaining an aquarium.

priced it at $47.

first month: $6K
first year: $340K
last year: $4.2 million

from a PDF about fish tanks.

I asked about his marketing strategy.

"I don't have one. google sends people to my blog. blog mentions the guide. people buy it. I go play golf."

no email sequence?

"I have a newsletter. I send fish tips once a week. sometimes I mention the guide at the bottom. that's it."

no upsells?

"I made a second guide about saltwater tanks specifically. $67. people who bought the first one usually buy the second. that's my whole business."

no team?

"my wife helps with customer service. we get maybe 10 emails a day. most are just people showing us their tanks."

this 61 year old retiree built a bigger business than most "entrepreneurs" I know.

no ads. no funnel hacks. no growth strategies. no personal brand.

just mass expertise in one weird niche and patience to let it compound.

before we landed he gave me advice I didn't ask for:

"everyone your age wants to get rich fast. that's why most of you stay broke. I wrote about fish for 2 years before making a dollar. now I make more than I did in 30 years of accounting. speed is overrated. patience pays."

the plane landed. he grabbed his newspaper and walked off.

probably went home to feed his fish.

[Dr. Julie Gurner @drgurner]

Warren Buffett once said:
"You are only looking for 3 qualities in people (you hire): Enthusiasm, Intelligence, and Integrity."

Rare to find all 3. Snag them up.

[Justin Amash @justinamash]

This is so disingenuous. @RepThomasMassie’s oath is to the Constitution, not any person or party, and his duty is to his constituents. He votes overwhelmingly with Republicans, not Democrats. The GOP establishment are just upset he won’t betray his oath on command to please them.

[Robert (infra 🏛️⌛️) @infraa_]

The Boomer Retirement Complex™️

Since 1967-
THEIR BENEFITS: Social Security+Medicare have grown 3x faster than GDP

THEIR ASSETS: Home Owner Equity has grown over 2x faster than GDP (stocks >3X faster)

YOUR WAGES: Per Capita Wages as share of GDP has fallen by 70%

[Ryan Holiday @RyanHoliday]

People are complicated. People are contradictory. People have limitations and flaws. People will inspire you one moment and utterly disappoint you the next. You shouldn’t let it make you upset. You have to learn how to take it in stride.

[Alex Hormozi @AlexHormozi]

This always gets me:

What are you so afraid of losing when nothing in this world belongs to you?

-Marcus Aurelius

[robin @zebird0]

Life is poker, not chess

Four years ago I walked away from a guaranteed promotion at McKinsey and a $300K PE offer to work in gaming for a third of the salary.

Many thought I was insane. They were playing chess: calculating the optimal move with perfect information.

[Liberty First @MoreLoveLessGov]

@TXMCtrades While I do agree with you, most threats of violence (and even the celebration of violence) on social media come from the left. Those are the key differences that have been excluded from your sentiment that the world should rightfully pick apart.

[Truflation @truflation]

True inflation: 1.76% 🇺🇸

The CPI will be released tomorrow, and the BLS will continue to show you delayed and inaccurate data.

The real-time information is clear. The Fed needs to ACT.

CC: @pulte, @JoeSquawk, @EconguyRosie, @LynAldenContact, @LukeGromen, @RaoulGMI, @josephwang, @NorthmanTrader, @EricLDaugh.

[Ben Lang @benln]

Sam Altman’s life advice: