Allen

[Adam Livingston @AdamBLiv]

Your bank lends out your deposits 10x over, gambles with the proceeds, loses, gets bailed out with money printed against your future labor, and the lobby still has a sign that says “Member FDIC” like it’s a flex.

[JAN3 @JAN3com]

Bitcoin is Energy Money.

[Allen @allenrod1995]

@saylor is buying more bitcoins than I’m burning calories on a daily basis. The world is not ready for what @Strategy is currently doing

[Bit Paine ⚡️ @BitPaine]

people aren’t ready to admit this but Saylor is the most important engineer to work on bitcoin since Satoshi, and the $STRC / $MSTR stack is the most important innovation in finance since bitcoin itself

he solved what was arguably the most important unsolved problem in hyperbitcoinization, which was how do we shunt massive amounts of rule-bound legacy capital into bitcoin in a sustainable way and within the bounds of existing financial regulation

[Adam Livingston @AdamBLiv]

When you save in fiat currency, central banks can print away the purchasing power of your past labor.

Bitcoin's fixed supply means the 20,000 hours you worked over the past decade can't be diluted by monetary policy.

Your human energy remains preserved at its original exchange rate against scarce resources.

The unique value of the output of your God-given human cognition and effort is retained in perpetuity.

[Hoop Central @TheHoopCentral]

This photo of Michael Jordan with his Daytona 500 trophy is ICONIC. 🏆🥶

(via @FOXSports)

[Allen @allenrod1995]

@NoOtherMoose @GPAIndiana What do the legal statutes say about the speed limit on the left lane vs the right lane?

[Allen @allenrod1995]

@Cartographer731 @ILikeTrainsDur @shitpost_2049 Left lane for passing only on the freeway, not every single left lane

[NRM84 @Mappy6984]

Facts 💯💯💯

[DogeDesigner @cb_doge]

This wins the internet today. 😂

[Mindset Machine  @mindsetmachine]

This is when a man separates himself…

[Fr. James A (Faith-Chat Platform) @frjamesa]

Did anyone else notice this about the movie “Home Alone”?

[Michael Saylor @saylor]

If you want to ride the rocket, you’ve got to be prepared to pull the Gs.

[Adam Livingston @AdamBLiv]

If you think Bitcoin is a cult, wait until you realize you’re in the religion where the high priests print your tithes, the bishops set your inflation rate, and the holy sacrament is a 50-year mortgage.

I’m not in a cult, I’m escaping yours.

[Allen @allenrod1995]

@Mr_Derivatives What about when you zoom out another year or 5 years? This year’s price action not only looks completely healthy but also expected

[Treasury Secretary Scott Bessent @SecScottBessent]

17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never shuts down.

@SenateDems could learn something from that.

[Allen @allenrod1995]

@ChartingProdigy @Vivek4real_ No, it’s a right of passage. Bitcoin is a 4 year minimum play.

[Allen @allenrod1995]

@ChartingProdigy @Vivek4real_ Oh my god wow Bitcoin is crashing to $107,000! A year ago that headline sounded like a dream and now everyone thinks it’s “crashing” lmao give me a break

[Bitcoin Asset Research @stonychambers]

$MSTR is equity in Bitcoin's central bank: @Strategy

Why is that? It's something many are struggling to understand 🧵

Central banking is the practice of managing the monetary policy and economic stability of a particular economic bloc. Central banks issue base money, set interest rates, control money supply, and backstop systemic liquidity. Central banks hold asset reserves which back the base money it issues.

Strategy does all of these things through $STRC and $BTC. Strategy is therefore a central bank.

Here's the lineup:

Bitcoin is the central bank reserve asset that backs the issued base money, $STRC. US debt is the central bank reserve asset that backs the dollar.

STRC dividends are the interest rates set by the Bitcoin central bank. Fed Funds Rate is the interest rate set by the Fed.

STRC dividends / monetary policy are announced once a month. FOMC meetings are once a month, and the discussion is around interest rates and monetary policy.

The purpose of STRC monetary policy is to peg the base money value to $100. The purpose of FOMC interest rate adjustments is to control the dollar's price in terms of goods and labor. You might notice that this is the dual mandate: inflation (goods) and unemployment (labor).

The money supply of STRC only goes up as Strategy issues more to buy its reserve asset: bitcoin. The money supply of the dollar only goes up as the Fed issues more to buy its reserve asset: US debt.

Strategy is the bitcoin buyer of last resort. It will use all tools at its disposal to buy bitcoin because the shareholders demand BTC Yield. The Fed is the lender of last resort (via the discount window) and the ultimate source of financial crises bailout (2009, 2023, etc).

If bitcoin collapses, Strategy and STRC are done. If the US debt market collapses, the Fed and the dollar are done.

Proof of work secures Strategy's reserve asset by ensuring decentralization. Proof of War secures the Fed's reserve asset by ensuring the petrodollar system.

Strategy's common equity $MSTR accrues earnings to shareholders (we call this BTC $ Gain). The Fed's net profits are distributed to the US Treasury.

Strategy's business is being copied by companies in various regions (most notably Metaplanet). Since the 1910 Jekyll Island meeting, numerous central banks have sprung up worldwide with their own fiat currencies.

Strategy has a lot of critics who think the central bank should do X instead of Y. The Fed... well you can take a look at the Macro Twitter experts.

I hope this helps clarify why Strategy is a de facto central bank.

Thank you for your attention to this matter.

[Allen @allenrod1995]

@KamalaHarris How could he have the white house, house, and senate if the presidential race was so “close”?