Chris

#bitcoin

[CRG @MacroCRG]

the number one thing that always drew me to Bitcoin is that it’s anti-establishment

governments have always hated it

they tried to crush it, ban it, regulate it into irrelevance… they called it a scam + screamed that it had no intrinsic value

yet it kept pumping anyway

the real joke is the financial system these same ppl protect: bank bail outs, unlimited money printing, unlimited ‘monetary tools’ to quietly devalue the currencies we’re all taught to hoard and trust

without ample financial literacy (something that isn’t taught to us), none of us would even realise we’re getting slowly + quietly fucked in the arse

Bitcoin is a permanent, decentralised fuck you to the political + financial elites who keep trying to fuck us all at every turn

long live Bitcoin

[nic carter @nic_carter]

With some very minor exceptions, the data center buildout is happening in red states (historically some purple but on a go forward basis, red).

The data center question is entirely a red on red issue. It’s impossible to build in blues and power is expensive, hence no one is even planning to build there

🚨this is why the left is poisoning the well on datacenters 🚨

They have nothing at stake. Nothing to gain, nothing to lose. They will run the Greta / fracking playbook on DCs.

The right must avoid being useful idiots for the left and China at all costs.

By all means, debate the merit of the DC buildout. But don’t fall into the slopulist trap of being against them “because everyone is” or because the left manufactures consent via the press and NGOs.

The left is not participating in the DC buildout; they should not have a seat at the table. Assume that they will try to play spoiler to ruin what is a massive reindustrialization opportunity in Americas heartland, creating skilled jobs that have been missing for so long. It’s entirely rational for the left to ruin this for red America. Don’t let them.

[Conner Brown @BitcoinConner]

Even more concerning news today on the Bitcoin tax front. We’re going to need the Cyber Hornets for this one. 👇

Today’s new draft **leaves the double taxation on bitcoin mining in place** and only provides relief to staking.

So now the proposal is:

- De minimis for stablecoins but not Bitcoin

- Fixing tax treatment for “passive validation” (I.e. staking) but not Bitcoin mining

This contradicts all prior proposals on this issue. This is not tech neutral and picks winners and losers for no reason.

Full statement from BPI coming soon about @RepHorsford and @RepMaxMiller’s draft.

We need strong community push back to show that this language sets America and Bitcoin back.

[TFTC @TFTC21]

Nick Shirley just dropped 40 minutes of footage exposing fraud in California.

His team went door to door in LA and San Diego, visiting daycares, hospice centers, and home health care facilities that bill the state millions. Most were empty.

Here's everything he found:

Medi-Cal spending has doubled since 2022, from $108 billion to a proposed $222 billion in 2026. There has been a 1,000% increase in hospice care in LA County. One out of every ten dollars spent on home health care in the entire United States goes to businesses in Los Angeles.

His crew visited daycares that reported 14 children enrolled to the state. Zero were present when inspectors arrived. The state kept sending money anyway. At one daycare, they found children left completely alone with no adult on the premises.

Then they hit Van Nuys. Entire strip malls converted into hospice centers. One building had over 15 hospice companies operating out of what used to be a motel. Empty offices. Locked doors. No patients. Miracle Healing Hospice billed $1.3 million from a completely empty unit. One adult daycare billed $19.8 million.

Every parking lot: brand new Maybachs, M8 Competitions, Cybertrucks, Teslas. When Nick knocked on doors, people scattered.

A medical industry professional explained the scheme: fraudsters collect Medicare beneficiary numbers from elderly people, enroll them in hospice without their knowledge, and bill the government. Getting someone's Medicare number is now more valuable than stealing their credit card.

California even has consultants who will teach you how to open your own hospice. Nick visited one. They wouldn't let him in the lobby. As he was leaving, someone walked out the back door and got into a $200,000 Maybach.

This is where your taxes go. Gavin Newsom is the current frontrunner for the 2028 Democratic nomination on Polymarket. This is what his state looks like under the hood.

[IxTech @IxTechCrypto]

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[Garga.eth (Greg Solano) @CryptoGarga]

my grandmother was an educator, started a private school in Havana in the 50s and worked as the principal

taught some English classes at night for adults as well

so obviously Castro's goons took possession of the school after 1959

which to have your dream that you built from nothing taken from you and given to complete idiots who burn it down in short order is one thing

but the most humiliating aspect of the whole ordeal that my grandmother would talk about was more specific than that

it was having men show up at her door, after everything was done, holding an inventory sheet that they found which listed how many desks she had bought for the school, blackboards, etc

and being asked about a few desks they couldn't find. literally that. how come there's 48 desks in the school and not the 50 on the inventory sheet.

of course the answer was that they broke and they threw them out. the inventory sheet was old.

but they didn't believe her, they intimidated her at gunpoint. a little lady, a school principal who probably weighed 100 pounds. where are the fucking desks. she remembered that forever.

it's almost 70 years later, and the situation is if anything only more absurd, more morally and economically bankrupt

in Cuba if your fridge breaks, you wait until the government sends you a new one (on the seventh of never) and docks it from your govt pay accordingly. your govt pay is ~16 USD a month.

you can make more by pestering some euro or canadian tourist to buy some random junk off you -- if you follow them around enough and are persuasive enough, they will give you a $20, which is more then your doctor makes in a month.

which is sort of whatever, because there really are no stores, just ration counters with 5-6 things listed on a blackboard that they'll trade you for tickets.

rice, sugar, salt, cigarettes.

if you don't smoke you trade you trade your cigarette rations for something else. toilet paper.

when your kids get older, they don't move out, there's literally nowhere for them to move to. nothing is built, nothing is for sale, and you have no money anyway. you put up paper walls, pretend not to hear each other.

the thing you smuggle into Cuba when you're visiting family isn't expensive stuff, the most precious items are USB drives with movie rips and video game roms, and $5 tins of Cafe Pilon

'cause Cuba exports any good coffee it makes, and leaves locals to drink stuff so bad that the $5 tin feels truly luxurious.

when I was visiting my great aunt, one of her neighbors came in and made himself a cup of coffee. he didn't know it was fresh from the tin we brought over; it had been transferred over to their usual container.

saw a grown man well up with apologetic tears in his eyes because as soon as his lips touched the drink, he knew this was different. he drank his neighbor's Cafe Pilon thinking it was just the usual crap and he almost cried. Because he felt he had taken something incredibly precious of his neighbor's without asking.

anyway, my point is: you don't really need to try out repossessing people's private property in New York. there's an island 90 miles off Florida where incredibly smart people, I sincerely mean that, have been doing it for three-quarters of a century.

[TFTC @TFTC21]

A 23-year old YouTuber just exposed billions in fraud that the government knew about for 7 years.

Your grandparents paid taxes their whole lives. That money went to empty buildings with daycare signs taped to the windows.

@MartyBent on why a tax revolt has never made more sense

[Dumb Bitch Capital, LLC @dumbbitchcap]

The wildest thing about the Somali daycare scandal is that apparently the government’s goal was to subsidize daycares for random immigrants while tax paying American parents have been complaining for years they can barely afford childcare with two incomes

[Minnesota Staff Fraud Reporting Commentary @Minnesota_DHS]

For history, we’ve been notifying Tim Walz of fraud since his original term started. Retaliation was always present with Jodi Harpstead, Shireen Gandhi, Gary Johnson and others doing his dirty work.

Staff were publicly shamed in meetings, escorted out of building, reassigned from work areas, false accusations were made, arbitrary investigations conducted, placed on extended probation with some managers requiring staff not to bring fraud up or else, and worse. All to keep staff quiet and discussion about fraud quashed. To try to break staff too.

Then came the threats to staff where pictures of our homes, cars, asking what school or bus stops kids go to, threats of cutting our insurance (health/dental/life/COBRA, others) off, threats to future employment opportunities, threats to expose staff to danger, threats to contact our banks to cut our mortgages off and much much more.

Our safety was in real jeopardy as even some staff were advised to get private safety entering and exiting the building after evaluating DHS antics.

Additionally, some staff were sexually harassed by a manager mired in fraudulent programs and complaints made to MMB yet it ended up being the staff forced to move or resign.

So, does anyone still feel safe whistleblowing? Even now, we’re still nervous.

The Fraud Committee has kept us safe. Thank You to Chair Robbins and your team of 5.

@MN_Fraud_Cmte
@KRobbinsMN
@MarionONeill1
@pattiandersonmn
@WalterHudson
@ImSchultz

[Beaver 🦁 @beaverd]

I realized while making this that there is no real cohesive database for government funding data or corruption tracking.

I think the Minnesota fraud is the tip of the iceberg. So, in my free time i'm planning to add fraud data for: PPP, healthcare, COVID relief fraud, SNAP, subsidies, etc. to https://t.co/sczmKLn7OA

Finding most of this stuff involves scraping for hours and FOIA requests, which to me makes zero sense. Govt spending should be EXTREMELY visible to its constituents, and even more so where the spending is going.

I think if people could SEE their tax dollars getting lit on fire in real time things might change quicker. So far i've added 113k more centers in 15 different states, awaiting funding data from FOIA req's and any good anons who care to share

[Kun @0x_Kun]

Gold makes sense—until you actually need it.
Bitcoin doesn’t make sense—until you actually need it

That’s why I see gold like cash: fine when there is chaos but everythings fine for you to live where you are

But imagine you’re in a country with sudden capital controls—maybe due to tariffs or geopolitical tension—and you need to leave. Your accounts are restricted and you can’t board a plane with a bunch of physical gold. Gold works as a store of wealth if you can stay where you are

I’ve thought this through—even in a “safe” country. Bitcoin is the only asset you can truly take with you, unaffected by borders, capital controls, or regulation when you need it most. If you’ve got millions in gold it’s only useful where it sits

From financial crises to COVID to rising tariffs, people are starting to realize Bitcoin isn’t gold

Bitcoin is Bitcoin

[Kun @0x_Kun]

Many believe the Western world is shifting left or shifting right

We are more likely going to whipsaw between the extremes for a while

There are 2 divides impacting people today and they cut across party lines

On one hand you have financial issues (which we discuss more often) and on the other you have social/cultural issues

More and more people are aligning with the right on social/cultural issues but at the same time they are leaning left on financial issues, as they believe the system is so far gone in supporting wealth inequality that it’s now tit for tat — "IDC if it screws everyone as long as the wealthy get screwed too" type sentiment especially by young people

Trump is not perfect but people like how effectively he is willing to make moves. The left like Mamdani is not perfect but people are aligning with how hardline he is on financial issues

For example a young person might vote right because they want to stop immigration and move to more nationalist policies as well as because they hate wokeness. But after many years they will see inequality widen and then want to vote for wealth tax etc, which is offered by the left

Its a shitshow in this sense and explains the rise of independent parties and different parties outside mainstream in many western countries- they also dont solve anything but its basically a protest vote to how screwed it is

Charlie Kirks death showed how insane the situation is - you watch anything he did long form he was not a hate spreader he was not an anti semite etc and so its made it so clear that voting or doing anything on logic is not on the cards - it all ends with destruction and stupidity not by solving problems. Ive resigned to the idea that its a even neutral or positive transition by any means

[Tyler Winklevoss @tyler]

A lot of people have asked me if I will get involved in the NYC mayor race by supporting a candidate that can defeat Zohran Mamdani. TBH, I’m torn and undecided. Like every other city run by democrats, NYC is a broken kleptocracy. Taxes are astronomical and services are pathetic to nonexistent. Anarchy and socialism are the next logical steps in this story arc. It's what the people of NYC have been asking for for years and it looks like it's what they are about to get. Trying to fight against this tide seems like throwing good money after bad.

It appears things will have to get worse in NYC before they get better. The Zoomers and Millennials need a refresher on the outcome of Marxism and socialism. They are too young to remember the crack and crime epidemic and murder sprees of the late 80's and early 90's. The squeegee men, graffiti, mugging, lawlessness, chaos, and pandemonium. Streets that were too unsafe to walk alone at night or even during the day. Getting mugged on the way to and from school was not just a rite of passage, it was an inevitability.

The Wall Streeters, financiers, and hedge funders have been too busy working on their fishponds and climbing the rungs of polite society to remember to protect the system that allowed them to achieve their success in the first place and allowed New York City to once become the greatest city in the world. Not ruffling feathers was more important than questioning the ideological insanity being taught in the private schools and universities that they sent their kids to. All that mattered was fitting in and getting invited to the right dinner parties.

Now their kids are indoctrinated NPCs, always protesting and supporting the current thing. Like their parents, they too want to fit in. To do so, they unironically exchange bromides and platitudes on the benefits of socialism over rosé brunches in the West Village. Because their friends hate America and capitalism, they do too. It never dawns on them that their lifestyle and studio apartment that their parents subsidize are all made possible because of capitalism.

This delusional thinking was ingrained in them at an early age by institutions that were captured by insane ideology and left unchecked by their grossly negligent parents. Instead of providing their children with immunity from stupid and provably bad ideas that have only led to misery and death throughout history, these parents shrugged it off as kids will be kids.

Now these kids are adults who can vote, but are totally unequipped to do so. In many ways it’s not their fault. From their parents, they learned some combination of magical thinking, preference falsification, and an inability to stand up for anything greater than themselves. As a result, they never learned how to think critically or independently. They never learned the value of Western civilization so they don't understand why, or know how, to fight for it.

Sometimes the only way to learn something is to learn it the hard way. Sometimes the only way to learn the value of what you have is to lose it. If that’s the case, Marxism and socialism might just be what the doctor ordered.

[Marty Bent @MartyBent]

The case for a neutral permissionless monetary protocol has never been stronger.

[Chris @clarce1020]

@LucaNetz @pudgypenguins 0x46A0f843723e1cDD419150bafD363FacBa4c2543

[DataRepublican (small r) @DataRepublican]

Screen-capped for posterity. This individual claims to be a PhD student in economics at @GeorgeMasonU. They are not even hiding their motives. I read the essay; it presents little in the way of specifics.

As of this writing, it has received 16 likes.

In their view, cutting USAID justifies firebombing Teslas and issuing daily threats against public figures.

In their view, deporting an MS-13 immigrant is a reason to start a civil war. (And that incident is most of the author's premise for the essay.)

Maybe I'm naive, but I don't want believe some of our neighbors are so innately consumed by malice that they would kill us for wanting to preserve this nation. And yet, their actions, and increasingly, their words say otherwise.

Pray for this nation.

[John Brown @john_j_brown]

Bitcoin fits perfectly into the emerging multi-polar world defined by eroding trust.
There is no need to be scared just because some weak hands have to sell to access liquidity.

[TFTC @TFTC21]

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[Chris @clarce1020]

@bitcoinjack the best part is gonna be when you sell and everyone screams at you for being bearish once they finally turn bullish

[//Bitcoin 𝕵ack 🐐 @bitcoinjack]

Vance is correct