Over time I’ve learned a hard truth: everything you build in fiat erodes.
Taxes, inflation, bureaucracy, hidden interests… nothing escapes.
Every business, every asset wears down with time. 💸
Thread 🧵
If you hold Bitcoin in self custody on chain…
And the following is NOT part of your day to day life and concerns:
-Tax evasion
-Need to flee a country with your assets
-The need to pay for something outside standard banking and credit cards/currency
-Inheritance or Estate planning in any form
-Immense fear your assets could be lost tomorrow by your bank or brokerage
What benefit does on chain Bitcoin present to the holder?
We repurchased 288,930 shares of $STRC for $25M at an average price of $86.52 per share. We intend to remain a regular, disciplined buyer of STRC below $100. More at deeper discounts, less as STRC nears $100. Another $975M remains available for our prefs. https://t.co/cpUNofIcBy