We now have:
1. President Trump offering $5,000 “dividend” checks to all American adults
2. Oil prices officially back above $100 per barrel
3. Total US debt above a record $40 trillion
4. Inflation above 2% for 60 consecutive months
5. One of the biggest technological revolutions in modern history
6. The Fed facing pressure to cut rates while inflation remains above target
This is your advance notice to position yourself accordingly.
Jack Mallers just walked away from the $2.8B Bitcoin treasury he built.
43,514 BTC. Backed by Tether, SoftBank, and Cantor Fitzgerald.
The founder bailed. The merger is dead. A Goldman Sachs banker is in charge.
The company now wants to be "Berkshire Hathaway" instead of a Bitcoin treasury.
You trust these people to hold your coins?
⚡ (code: LOVEISBITCOIN)
The last thing you want to do is going through a bear market without Bitcoin friends.
So we’re making Club Orange membership 21% cheaper when bought in real money (BTC) for the next 21 days.
Go out, find a meetup and make new friends!
https://t.co/9mHaGzWnI9
As the CEO of Club Orange, my duty is to serve our customers and our shareholders.
As a father and husband, my duty is to serve my family.
Both of these duties requires me to defend Bitcoin.
So here's some thoughts about Bitcoin:
Saylor is right that there are multiple camps trying to steer Bitcoin in their desired direction.
The Technologists (core, ordinals wizards, citrea, and co.) think bitcoin is fundamentally just a database, most of them probably don't even own bitcoin. Their goal is to turn bitcoin into ethereum 2.0 where all kind of experiments and new technologies are layered on top of bitcoin. If they win, I believe bitcoin will die rapidly.
The Capitalists (saylor, walton, and all the bitcoin treasury companies aficionados.) think bitcoin is "digital capital" a financial product that should be exploited for fiat gains. Their goal is to turn Bitcoin into another Wall Street product: "We convert Bitcoin into money". "Our goal is to outperform Bitcoin". Essentially they want to turn Bitcoin into fiat. If they win, I believe bitcoin will become another stonk and captured by the government.
The Maximalist, the camp I find myself in, think bitcoin is our only hope to separate money from the state, that it should be used as money, that fiat is a cancer to the world and that the ultimate goal is not to get rich, but to enrich the world. I believe this was Satoshi's original vision for bitcoin, a mission much greater than NGU.
These 3 camps cannot coexist and they are colliding as we speak (bip110, attacks on saylor, adam back, etc). We are living in the most consequential time in bitcoin history so I urge you to pay attention.
In a few years it will be obvious which camp has won but there might be nothing left to fight for.
it took 17 years for altcoins to die
if you’re reading this and still hold them
in 6 months you’re gonna wish you sold them all to buy bitcoin
it’s time to come home