Follow for Bitcoin & capital markets insights. CEO of The Bitcoin Bond Company, Steward of @CatholicBitcoin, host of the @BitcoinForCorps Show, Board @Strive
This afternoon I testified at the Texas Senate Committee on Business and Commerce hearing in favor of SB 21, to establish a Texas Strategic Bitcoin Reserve.
Thank you @DrSchwertner for introducing the bill, @LtGovTX for making it a legislative priority, and @DonnaCampbellTX for asking great questions about Bitcoin custody and security.
Bitcoin is a hedge against uncertainty, and the market is very certain about one thing: AI will absorb the next decade of capital, earnings growth, power demand, semiconductor demand, data-center buildout, and productivity upside. BTC crash has nothing to do with Saylor or Iran.
@severesarcasm According to the market. Think about it this way: markets were mispricing AI twelve months ago. Very important to understand the difference between fundamental value and market price. Very few understand this.
@severesarcasm According to the market. Think about it this way: markets were mispricing AI twelve months ago. Very important to understand the difference between fundamental value and market price. Very few understand this.
@severesarcasm According to the market. Think about it this way: markets were mispricing AI twelve months ago. Very important to understand the difference between fundamental value and market price. Very few understand this.
@RhettReisman@samensign43@loudchirper SPY all time highs cause hawkish sentiment, SPY all time highs are due to massive AI capex cycle despite where rates are at.