BitMormy

#Bitcoin #Stacks
#NOSTR NIP-05 [email protected] #npub1wulu5wylga4jwxaps6x66ync9caxt6xxtjvjg69rwhrpernntpqs0gl8zj

[BitMormy @BitcoinMormon]

@SpencerJCox why is Utah so slow? Lead!

[TFTC @TFTC21]

New Hampshire is about to vote on something that has never been done before.

Tomorrow, Governor Kelly Ayotte and the state's Executive Council will hold a public hearing on a resolution to authorize up to $100 million in bonds backed entirely by bitcoin. If approved, it would be the world's first bitcoin-backed municipal bond.

The structure is key. No public money is at risk. Instead of the state repaying investors, a private borrower does. That borrower is CleanSpark, a bitcoin mining company that posts bitcoin as collateral.

Bond payments come from proceeds tied to that collateral, and investors get upside exposure through payments linked to bitcoin price appreciation. If bitcoin drops below a set threshold, a trust holding the collateral liquidates to repay bondholders in full. BitGo holds the bitcoin in regulated cold storage.

This fits a broader pattern. New Hampshire became the first state to pass a strategic bitcoin reserve law in 2025 and just last week registered HB639 protecting the right to use bitcoin as payment, run nodes, and self-custody. The state is methodically building an entire legal framework around bitcoin adoption.

Moody's rated the bonds Ba2, two notches below investment grade, labeling them speculative. An outside finance professor found recent bitcoin price swings would be "highly likely" to trigger the liquidation provision. But the state is legally insulated and taxpayers are not exposed.

What matters is the template. A US state is using municipal bond infrastructure to bridge traditional fixed income and bitcoin without taking any balance sheet risk.

If it works, this is how bitcoin enters American public finance. Not through a federal mandate, but through one small state proving the model.

[BitMormy @BitcoinMormon]

@bmullahy2news @BoxElderUT @KUTV2News These losers need to promise to never USE AI.

[BitMormy @BitcoinMormon]

@Alleninvests Holding it has nothing to do with centralization. The protocol is decentralized. Big holders follow the same rules as little holders, and neither make the rules.

[Salty Sister B @SaltySisB]

This corporate greed helped put food on my table for a year.

This corporate greed paid my rent for months.

This corporate greed paid my utility bills when we couldn’t.

This corporate greed saved my family from complete financial ruin when my husband got sick.

[BitMormy @BitcoinMormon]

@FurkanGozukara Choice: tithe 10% to a moral organization that saves and invests it and does good works throughout the world and promotes the gospel of Jesus Christ or pay taxes to your pedo-govt with that same money... No-brainer!

[BitMormy @BitcoinMormon]

@FurkanGozukara The money is used for church purposes, including massive charitable ops, not for worldly things. Whatever you're suggesting doesn't represent reality. There's nothing wrong (something very right, actually) with saving and investing for expenses, future plans and uncertainties.

[BitMormy @BitcoinMormon]

@GrantCardone @WalkerAmerica It's spelled Mormons ser. 🙏

[BitMormy @BitcoinMormon]

@jimcramer The fiat system and Wall St casino is "propped up" by the powers that be. They (you) constantly attack it. Bitcoin is the only free market.

[BitMormy @BitcoinMormon]

@BasedMikeLee The Fed will end everyone who doesn’t exit the dollar w/ their savings. You dont need to vote--just save in #bitcoin

[BitMormy @BitcoinMormon]

@MormonMarksman Theres something to this. People have to experience the other way it seems. People often go hard opposite of their childhood as grass is always greener on the other side.

[BitMormy @BitcoinMormon]

@LDSLaw There is no doctrinal reason. No one has ever suggested there is. Its just cultural. You dont have to Brother Grinch!

[BitMormy @BitcoinMormon]

@CountryFirstRep Theres a sucker born every minute. Bro we meddle everywhere, drum up these wars. You're a neocon warmonger. Get help. Peace is the way. ✌️

[BitMormy @BitcoinMormon]

@SGBarbour Nah. The transactional demand probably contributes 1% to the price. The HOLDING, taking out of the circulating supply, is what makes the price go up. Of course any one of us doesnt affect the price. But all the HODLing is why we are up here and litecoin or xrpoo isn't.

[BitMormy @BitcoinMormon]

@SenMikeLee My personal node automatically audits the bitcoin network every 10 minutes. Every sat is accounted for. Opt in rules not rulers. Fixed supply. Proof of Work. Open, decentralized, permissionless. Math. #bitcoin

[BitMormy @BitcoinMormon]

@steve_hanke And what was the price at the beginning for you, ser? And at what price are you going to ask yourself if you just might not know everything or perhaps have dismissed something tou shouldnt have....?

[BitMormy @BitcoinMormon]

@RickSanchezISU

[BitMormy @BitcoinMormon]

@jamiedoulos @Christlvr4eva @ThoughtCrimes07 @Girlpatriot1974 Wow! Just lie... what a compelling argument bro.

[BitMormy @BitcoinMormon]

@SocialistMormon @cboyack Wherefore, because that Satan rebelled against me, and sought to destroy the agency of man, which I, the Lord God, had given him, and also, that I should give unto him mine own power; by the power of mine Only Begotten, I caused that he should be cast down.

Wake up bro.

[BitMormy @BitcoinMormon]

@SocialistMormon @cboyack But the leftists rely on violence and theft to impose their "fair society" on all of us.

Behold, here am I, send me, I will be thy son, and I will redeem all mankind, that one soul shall not be lost, and surely I will do it; wherefore give me thine honor.