$N$

Crypto Enthusiast

[Eleanor Terrett @EleanorTerrett]

🚨DEEPER DIVE: So, @realDonaldTrump’s Executive Order calls for two separate things — a strategic reserve and a stockpile.

The strategic reserve will contain only $BTC (the digital asset with the most store of value) using the 200,000 or so tokens already in the government’s possession that has been seized over the years through criminal and civil forfeiture. Sacks says Bessent and Lutnick have also been given authorization to explore means of acquiring more bitcoin through avenues that will not cost the taxpayer.

The EO also mandates a full audit of all the digital assets currently in the government’s possession.

The other is a digital asset stockpile containing assets other than bitcoin — presumably $XRP, $ADA, $ETH and $SOL (as announced by the President last weekend) and potentially others.

The key difference between the reserve and the stockpile is that the government will not actively look for ways to purchase more of the assets contained in the stockpile. It will only explore using government funds (if they can find budget neutral ways to do that) on buying $BTC.

Sacks says the purpose of the stockpile is “responsible stewardship of the government’s digital assets under the @USTreasury.”

[Joe Rogan @joerogan]

The great and powerful @elonmusk.
If it wasn't for him we'd be fucked. He makes what I think is the most compelling case for Trump you'll hear, and I agree with him every step of the way.
For the record, yes, that's an endorsement of Trump.
Enjoy the podcast

[SEC Chair Gary Gensler Archive @GenslerArchive]

This is a reminder to secure your financial accounts as well as protect against identity theft and fraud.

Remember to:
🔒Use strong passphrases or passwords
🔒Set up multifactor authentication
🔒Keep account alerts turned on

#CybersecurityAwarenessMonth

https://t.co/qitGkujLxD

[Brad Garlinghouse @bgarlinghouse]

Trying something new – some thoughts from me on the events (specifically the release of the Hinman documents) of this week. For me, this has all had a personal bent to it - and felt like it warranted some personal comments.

[Congressman Byron Donalds @RepDonaldsPress]

Gary Gensler was CFO of Hillary Clinton’s 2016 Presidential Campaign.

In today’s @FinancialCmte hearing, he UNDER OATH stated he was unaware that the Clinton campaign facilitated the payment for the Steele Dossier.

How could a campaign CFO possibly be unaware of a $1M+ payment?

[Dividend Growth Investor @DividendGrowth]

Charlie Munger turned 99 today

Warren Buffett's partner at Berkshire Hathaway is a fountain of knowledge and wisdom

I have compiled 99 Charlie Munger quotes in celebration for his birthday:

[Chairman @WSBChairman]

South Park made a video making fun of the former CEO of FTX, Sam Bankman, and it's hilarious 😂

[Nagato 𓂀 @CryptoNagato]

People graduate college with $100,000 debt, spend $30,000 on a wedding and take $200,000 loans from the bank to buy a house.

But investing a few hundreds/thousands in an industry that will literally re-shape our world is considered risky.

Hilarious.

[Chris Josephs @Chrisjjosephs]

Two days ago the NYT posted an investigation into politicians trading stocks

They found that 81 Democrats & 101 Republicans filed up to 3,700 trades and $100M in possible volume

Many had 100% winners, with some perfectly timed

Here’s examples of just how good they were

[Jordan F @jordanfogel]

Trading is about mastering ONE setup

And I'm giving you the one that turned me into a profitable trader FREE...

Take 2 mins out of your day to learn my EXACT setup:🧵

[Nagato 𓂀 @CryptoNagato]

Things schools don't teach:

How to invest
How to manage risk
How to manage stress
How taxes work
How money works
How to be an entrepreneur
How to think for yourself
How to build your net worth

Recipe for becoming a slave to the system.
Exactly as planned…

[MATT GRAY @matt_gray_]

This took me 10 years to learn, I’ll teach it to you in 5 minutes:

[🟠 George @OneGSisneros]

I'm 56 years old today.

I want you to win so bad!

This is my best life advice...

[Tim Urban @waitbutwhy]

“If you only wished to be happy, this could be easily accomplished; but we wish to be happier than other people, and this is always difficult, for we believe others to be happier than they are.”

Montesquieu said this 300 years ago. We’re still working on this one.

[$N$ @NStaib03]

Don’t got a Bitmoji but I got a Bitcoin

[Erick Khan @ErickKhan_]

remember: not everyone is worth your time. in fact, only a small percentage are.

live accordingly 🤞🏼

[$N$ @NStaib03]

Money can’t buy happiness, but she found love inside a G

[Mike Majlak @mikemajlak]

one of the hardest things i ever had to learn in life was that no one is coming to rescue you. whatever you want to change, YOU need to change it. and you need to start TODAY.

[Odell Beckham Jr @obj]

I’m off to better things... I’m only doin shxt that’s gon make me elevate...