OrangePillJohn

#bc1q0lnzprvcydeykrhk07cs6e36a6gc3lqwwm7lfg Diversified portfolio of 100% #bitcoin.

[OrangePillJohn @atomicmojo]

#Bitcoin lessons

[OrangePillJohn @atomicmojo]

@jyn_urso People have come to their senses and realize the $, £, €, ¥, etc are the solid choices for store of value. Who really needs a silly hard asset with fixed supply that can’t be confiscated??? 😜

[OrangePillJohn @atomicmojo]

@TheGuySwann @thebitcoinroll

[OrangePillJohn @atomicmojo]

@MarioNawfal Sorry Mario, but that’s an aerial shot of the finish, not the start. The parade runs through our neighborhood and was two hours long today.

[Sovreign @SovreignBTC]

Is Chicago building the ultimate Bitcoin Citadel? 🍕⚡

This week, we sit down with chef Foise to discuss @forkandcoin and the @ChiBTCollective.

They are building a true circular economy right now—sourcing local farm ingredients entirely with Bitcoin, launching an exclusive supper club, and even paying the collective's internet bill in sats.

Stop waiting for the circular economy. Start building it.
🎧 Listen here: https://t.co/agFIeT8Niw

#Bitcoin #Chicago #CircularEconomy #ForkAndCoin #SoundMoney

[OrangePillJohn @atomicmojo]

@WalkerAmerica @carlabitcoin

[Shinobi @brian_trollz]

Bitcoin developer's job is not to secure people's coins for them, it's to give them the tools to do it themselves.

The entire issue around "freezing coins" regarding quantum is a result of confusion around that.

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Big Print Update

In written answers to the Senate Warsh re-emphasized that he does not think inflation statistics are accurate and in his testimony he suggested using the "trimmed mean" which throws out outlier prices and is currently printing much lower than headline numbers. Wake up folks. Bessent is calling the shots and Warsh is going to cut short rates. They have to to reduce government interest expenses. Given that this administration doesn't move slowly, I could see an unscheduled Fed meeting right after May 15 and a 100 bps rate cut. Last chance to get on the sound money train at relatively attractive prices: gold, silver, bitcoin.

Is this the Big Print? Yes and no. M2 the monetary base grows when the banks make loans and print money into existence. The Fed creates money out of thin air in the form of reserves which it gives to the banks in exchange for Treasury Bonds. Literally with a mouse click. The bank reserves do not hit M2 but they allow the banks to increase their lending which does hit M2. It generally does this in a crisis (2008, COVID). Warsh has said that (absent a market disruption) he wants to shrink the balance sheet (i don't believe he can) but that lower interest rates fuel growth. He believes in AI productivity gains he and Bessent emphasize growth. Therefore, he will cut. Another credit/inflation cycle will begin. All other things being equal: inflationary. The big unknown? The Bond Market. If the bond market realizes that real yields are hugely negative it will sell off hard and drive the Fed into crisis mode and YCC. Given that the middle east problem appears to be dragging on my operating assumption is lower rates, credit growth, more inflation, stock and bond trouble and then the CRISIS which creates the Big Print on the Fed's balance sheet. If they were to lock long bonds at 2.5% which they did to finance WWII the bond market will look at the Fed and say "sold to you". The Fed Balance sheet is ~$6.6T. US Federal debt is $39T. So, Big Print 1: GFC $3.6T, Big Print 2: COVID $5.0T. Big Print 3: ???

None of us own enough sound money assets.

[OrangePillJohn @atomicmojo]

@LoveIsBitcoin21

[OrangePillJohn @atomicmojo]

@tatumturnup

[OrangePillJohn @atomicmojo]

@HodlFlorida Unfortunately the spring breakers are everywhere here in Orlando

[Erin Malone @ErinEMalone]

5 trillion has been added to the National Debt since I wrote Intro to Bitcoin 2 years ago. 💸

[OrangePillJohn @atomicmojo]

@HodlFlorida 100%

[OrangePillJohn @atomicmojo]

@publord @mrmikeMTL This is how we sent text messages in class 1980’s style

[OrangePillJohn @atomicmojo]

@LPCapitalChi

[OrangePillJohn @atomicmojo]

@615_btc

[OrangePillJohn @atomicmojo]

@MrHodl @brian_trollz Tesseract, watch out for stones

[OrangePillJohn @atomicmojo]

@Wealth_Theory

[OrangePillJohn @atomicmojo]

@SpaceCityHODL 🤫

[OrangePillJohn @atomicmojo]

@PubKey Tell me you’re from Chicago without telling me you’re from Chicago

[OrangePillJohn @atomicmojo]

@CinemaTweets1 @letterboxd That David Shire score is fantastic