SAMUEL KAVUMA

#Bitcoin is a fire 🔥 in cyber space that burns all incompetent financial structures, providing the best property rights the world has ever seen.

[Saifedean Ammous @saifedean]

I was invited to a debate against two MMTers who have no idea what Austrian economics is about. It was good, and I look forward to sharing it soon!

[Stephan Livera @stephanlivera]

Bitcoiners Must Remove Single Points of Failure | Dhruv Bansal SLP771
@dhruvbansal of @unchained returns to explain why Bitcoiners must eliminate single points of failure.

Timestamps
01:42 — No Single Points of Failure Allowed
05:34 — Even Large Holders Skip Multisig?
09:14 — You Could Be Your Own Failure Point
13:35 — Anonymity vs KYC
16:27 — Don't Half-Ass Your Bitcoin Security
21:23 — One Wallet, True Multi-Vendor Security
24:24 — Single Sig Can Still Lose Everything
30:26 — Why Everyone Will Need Hardware Wallets
32:06 — Why Attackers Hit Bitcoin L2s First
36:32 — Bitcoin Firms Must Human-Review AI Code
40:05 — Bitcoin as Humanity's AI Defense System
42:59 — Remove Single Points of Failure Forever
45:25 — Hardware Wallets at Every Gas Station
47:34 — Bitcoiners and Key Entropy

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

Simon Dixon is back!

@SimonDixonTwitt and I discuss the $10 trillion of debt the US has to rollover, why you’re getting poorer and why they are deploying the control grid.

Full episode 👇🏼

[Dhruv kumar @Dhruvkumar16797]

INSTEAD OF WATCHING NETFLIX TONIGHT. Spend 2 hours with this. Claude AI FULL COURSE that teaches you how to BUILD and AUTOMATE anything. The people who watch this tonight will wake up tomorrow with a new skill. Watch it and bookmark it now.

[Lyn Alden @LynAldenContact]

I was an early reader of The Awesome Portfolio.

Definitely a good one, like the rest of his library. Give it a read!

[UK in Uganda 🇬🇧 🇺🇬 @UKinUganda]

Applications for Commonwealth Master’s Scholarships are now open!

This is your chance to complete a fully-funded Master’s degree in the UK and develop a global network to achieve your goals.

Apply by 20 October: https://t.co/nS8qE2epzv

#CommonwealthScholarships

[Troy Cross @thetrocro]

https://t.co/1yrgJgmkqX

[Saifedean Ammous @saifedean]

I join Mark Moss (@1MarkMoss) to discuss how fiat money and central banking are destroying people's ability to build wealth, why Bitcoin beats gold as a store of value, the recent Cold Card hack, self-custody, and whether borrowing to buy Bitcoin is a smart strategy.

[BTC Sessions 😎 @BTCsessions]

Forrest makes great videos. You should give him a follow!

[Saifedean Ammous @saifedean]

Bitcoiner HAC (@heavilyarmedc) invites us to rethink Bitcoin hardware from scratch. What does a signing device actually do, and can you do it yourself? He makes the case for why DIY Bitcoin with generic hardware is better than specialized Bitcoin hardware.

[SAMUEL KAVUMA @SAMUELKAVUMA1]

@GlobalEllah Interested

[SAMUEL KAVUMA @SAMUELKAVUMA1]

@GlobalEllah Am interested

[Robert ₿reedlove @Breedlove22]

If you make over $250K a year, your single biggest bill every year is your taxes (often $60K to $100K+).

Here's the completely legal strategy that wealthy people like Donald Trump use to shrink it to almost zero (THREAD):

[BTC Sessions 😎 @BTCsessions]

This week was a humbling reminder to reexamine my threat models.

Multi-vendor multisig can diversify risk.

New @SOVsessions tutorial

Desktop: @SparrowWallet + @BlockstreamJade @Trezor @BitBoxSwiss
Mobile: @nunchuk_io + @SeedSigner @BlockstreamJade
👇
https://t.co/46zlICCt4o

[SAMUEL KAVUMA @SAMUELKAVUMA1]

@GlobalEllah follow approved

[SAMUEL KAVUMA @SAMUELKAVUMA1]

@GlobalEllah I'm interested

[Natalie Brunell ⚡️ @natbrunell]

Inside the debate splitting the Bitcoin community, with @mattkratter.

Will BIP-110 result in a chain split soon?

TIMESTAMPS:
00:00 Trailer and Intro
03:00 Working for Peter Thiel
05:11 How Bitcoin University started
08:07 What made Matt a Bitcoiner
10:23 Bitcoin is about sovereignty
14:56 The email attachment analogy for OP_RETURN
17:34 Brief history of Core and Knots
19:38 What BIP 110 actually does
23:01 How many nodes running Knots
26:59 Who really decides Bitcoin's rules
32:18 Could this split Bitcoin into two separate tokens?
35:52 Can't spammers just get around it?
40:23 Why Matt calls this a civil war
42:05 What happens to your coins in a chain split
44:44 Why have attacks gotten so personal?
48:05 Will Matt Kratter call Michael Saylor?
51:57 Does Bitcoin even have a spam problem?
55:05 Upholding Bitcoin’s neutrality
57:19 BIP 110 signaling Saturday
1:06:28 Why Matt says this is "life or death"

[Michael Saylor @saylor]

Bitcoin is digital capital. AI is digital intelligence. I joined @StevenBartlett to discuss how they are reshaping money, business, markets, work, and the future.
https://t.co/bdT8oXGUKK

[Michael Saylor @saylor]

How does Strategy navigate a challenging Bitcoin market, return $STRC to par, and continue compounding Bitcoin per share?

In our Q2 earnings call, we laid out the strategy, reviewed our financial position and capital-management framework, and answered questions from equity analysts and industry experts.

Prepared Remarks
00:00:00 - Welcome
00:01:20 - 843,775 BTC, 203,683 sats per share, $17B raised year to date, and Strategy’s position as the largest institutional holder of Bitcoin
00:03:27 - Q2 balance sheet: $49.7B of digital assets, $3.75B current USD reserve, lower debt, higher preferred equity, and strong stress-case coverage
00:08:57 - Bitcoin KPIs: 4.5% BTC Yield, 29,997 BTC Gain, and ~3.6x growth in Bitcoin per share since 2020
00:12:47 - Q2 execution: higher Bitcoin holdings, lower debt, larger USD reserves, stronger Bitcoin per share, and active capital management
00:15:03 - Strategy as a net buyer of Bitcoin and net issuer of Digital Credit: 48x more BTC bought than sold and 300x more Digital Credit issued than repurchased
00:18:47 - Returning $STRC to $99–$100 through USD reserves, Bitcoin monetization, repurchases, dividend management, and disciplined issuance
00:24:50 - Bitcoin liquidity: why Strategy’s bitcoin purchases and sales are not material to overall Bitcoin trading volume
00:33:03 - Bitcoin as Digital Capital: website metrics, the 200-week moving average, current headwinds, Bitcoin Dominance, banking adoption, and security coordination
00:44:08 - $STRC as flagship Digital Credit: liquidity, lower volatility, market depth, yield, investor base, path to par, and updated credit metrics
01:05:04 - Equity framework: hurdle rate, breakeven rate, floor rate, market skepticism, $MSTR outperformance, franchise advantages, and Strategy’s long-term ambition

Q&A
01:19:31 - Why Bitcoin-backed borrowing is not currently the preferred path to build USD reserves
01:23:11 - Why Strategy is consolidating around $STRC instead of creating more instruments or selling volatility
01:40:37 - Equitizing, repaying, or refinancing convertible debt
01:43:18 - Covered calls, cash-secured puts, Digital Credit, Bitcoin as money, and marketing products to the 99% outside Bitcoin
01:59:22 - USD reserve minimums and the path to $STRC trading at par
02:00:55 - Amplification, USD/BTC reserve mix, and countercyclical capital management
02:12:04 - Why Strategy does not intend to issue $STRC below par
02:20:34 - Lessons from 2022 and 2026, tokenized securities, Digital Money, and the June 26 $STRC dislocation
02:34:54 - Closing remarks