D.P

[bare bitcoin @barebitcoin]

Det er gratis å lage konto, vet du

[Bold @boldleonidas]

So Logan Paul’s Liquid Marketplace allowed him to sell you % ownership of his assets.

If the asset increases in value, he can just buy them back at the original price without your consent as per the terms and conditions.

If the asset decreases in value, he won’t buy back the shares at all.

So investors had a 0% chance of upside as if there was any profit he’s allowed to just capture it all.

Essentially he set up a company to just borrow against his assets at 0% interest with buyers acting as the bank.

[The Spectator Index @spectatorindex]

BREAKING: 🇳🇱 Netherlands House of Representatives approves 36% tax on unrealized capital gains in stocks, crypto and bonds.

[Elon Musk @elonmusk]

Even though I knew his death was coming, as he told us it would, I still can’t believe he has died.

Rest in peace, good and great man, rest in peace.

[Svein Ølnes @sveinol]

Svar til Terje Erikstads kommentar i @DN_no: "Glem krypto, dette er fremtidens penger".
https://t.co/byQmrhri3m

[Haakon Nilsen aka Norbert ⚡️ Activate CTV + CSFS @bitnorbert]

Mellor: He has expressed no remorse today. Promissory estoppel is legal nonsense. I impose on you, Dr Wright, a term of prison for 1 year, suspended for 2 years. Costs must be paid. Hough, you presented a schedule on costs.

H: Just on the contempt application.

[Samson Mow @Excellion]

👀 https://t.co/ET188YjhXO

[Stack Hodler @stackhodler]

How much Bitcoin is enough?

Every Bitcoiner grapples with this question on their stacking journey.

I'm going to give you numbers.

But first you have to understand that if you have ANY Bitcoin, you have more than ~93% of the entire world.

Bitcoin is on a journey to become the dominant store of value asset.

Meaning that the vast majority of the world still needs exposure.

If we split up the ~17 million available coins equally amongst ever person on earth, we get a maximum of 0.002125 BTC, or 212,500 Satoshis per person.

Acquiring your equal share costs $212 today.

But of course, the 17 million coins will never be split equally.

And increasingly coins aren't even held by individuals.

They're held by governments, insurance funds, corporations, etc.

The entities that understand Bitcoin are locking up coins for decades to come.

Meaning the available supply that an individual can get their hands on is shrinking rapidly.

Why does all this matter?

Because Bitcoin isn't like other assets.

The concept of "enough" in the Bitcoin world is entirely different than the fiat world.

In the fiat world, today's enough is tomorrow's poverty.
In the Bitcoin world, today's poverty is tomorrow's enough.

Even a small amount of BTC today will be seen as a fortune in the future.

Now, onto the numbers.

Here are some meaningful targets on the Bitcoiner's journey:

0.001 - Get off zero.
0.01 - Satoshi millionaire.
0.1 - Satoshi deca-millionaire.
0.21 - Future legend
0.5 - Half-Coiner
1 - Whole-Coiner
2 - Multi-Coiner
6.15 - IYKYK
10 - Satoshi Billionaire
21 - The most beautiful target.
42 - Double 21. Answer to everything.
100 - Satoshi deca-billionaire.
1000 - Satoshi centi-billionaire.
10,000 - Satoshi Trillionaire.
1,000,000 - Satoshi Stack.

Here's the crazy part: Every single one of these numbers is enough if you wait long enough.

But in the meantime, your job is to climb up this scale as quickly as you can.

And it gets harder by the day.

The amount of value you need to create to hit these targets gets drastically higher as time goes on.

You can either use that as motivation to find ways to create value at scale, or you can find solace in the fact that you stacked as hard as you could while the world was still waking up to Bitcoin.

How you react is up to you.

If you are stacking now and staying cash-flow positive, then you will have enough Bitcoin in the long run.

If you have less than a whole coin, you should still be in hardcore stack mode, taking full advantage of Bitcoin still being severely underpriced.

If you have a whole coin, congratulations. You have made exceptional life choices and set your family up for generations.

But you should keep working hard to protect the coin and add to your stack. Don't rest on your laurels.

If you have 10 coins, you will likely have the ability to very comfortably "retire" within 5 years if you want to. Stay focused, you're in fantastic shape.

If you have >21 coins, you should be trying to figure out how you are going to use your wealth to maximize your family's life enjoyment and long-term wealth.

Most of all, make sure you aren't discounting your time.

More Bitcoin is always better, but never forget that your time is scarcer than Bitcoin.

And you never know how much time you have left.

The digits on the screen are nothing without the quality moments spent with family and friends in the real world.

To some, $2.1 million in fiat may not sound like enough for an early quality retirement.

But when it's in an asset growing at 40-50% CAGR you should realize that you have greater financial freedom than you may think.

And if $2.1 million sounds like a fortune to you, just keep stacking, find ways to add more value, and remain focused on the long term.

One day you'll wake up and smile as you realize you surpassed that amount.

Believe it and you will.

[nvk 🌞 @nvk]

Never gets old.

[Stack Hodler @stackhodler]

You tried your best to explain Bitcoin to your friends and family.

When it all clicked for you, your enthusiasm was overflowing.

And you shared it willingly because you wanted what was best for those close to you.

Maybe they listened politely.

Maybe they called you naive behind your back.

99% of them likely did nothing with the info you provided them.

Meanwhile, you outperformed 99.9% of hedge funds.

And now they may secretly resent your success a little.

They call you lucky. A gambler.

Or perhaps they still don't care at all - which may sting even more if you expected them to give you your flowers.

But this is part of the Bitcoin journey.

Many have walked this lonely path before you.

All you can do is stay cheerful and supportive.

There's no need to gloat.

No need to remind them that you urged them to buy BTC long ago.

Don't take their inaction personally.

You can lead a horse to water but you can't force it to drink.

So just love them and be there for them - even more so now that you have resources.

Life is hard for everyone.

But Bitcoin is meant to make your life better.

And that includes improving your relationships with those around you.

So take heart in the fact that you acted with courage on the strength of your convictions.

Increased confidence is your deserved reward to enjoy.

But enjoy it inwardly.

You are now a core pillar of your family.

And it's time to lead by example.

[Mandrik @Mandrik]

I want to elaborate on the idea that #Bitcoin holders "got lucky." I hear it every bull market, and I don't think the people saying it truly understand what it means to HODL.

From the outside, it might look like we stumbled into the right thing at the right time and just coasted to where we are. But the truth is very different.

When I got into bitcoin, most people either didn’t know what it was, or thought it was a joke. I worked in the industry for 5 years, until 2018, earning and spending in btc because I believed in its potential--not because it was easy. During that time, I lived through price crashes of 50%, 70%, even 90%.

No one said I was lucky during those times. The ones who cared asked if I was going to be ok. 🧡

I’ve seen my net worth skyrocket one year & plummet the next, sometimes in weeks. I’ve endured extended bear markets where the price barely moved, and optimism was hard to come by. I’ve sat through YEARS of sideways markets, where it felt like progress was at a standstill, and doubt crept in constantly.

To stay all-in through that takes more than luck. It takes conviction, because when the price is crashing, and everyone is saying bitcoin is dead, you have to believe in what you're doing enough to keep going.

It takes resilience, because the psychological toll of watching everything you’ve built shrink overnight isn’t easy to bear. It takes patience, because nothing about bitcoin’s growth is smooth or predictable—it’s a marathon, not a sprint.

Most importantly, it takes a deep understanding of why you're there in the first place. Being motivated by personal freedom, not fiat gains.

Luck might help someone make a quick buck, but it doesn’t keep you invested during the dark days when it feels like the world is against you. Those years of volatility weren’t easy, but they’re also what gave me the perspective, discipline, and belief to stay the course. So, no—it wasn’t just luck.

It was a choice, made again and again, through the highs and the lows. It's a choice bitcoiners continue to make each day.

And when you look at the other options, you realize there is no better choice. Bitcoin is the best hope for our future.

But sure, we got lucky. 🙄

[zerohedge @zerohedge]

Bitcoin is about to become "safe collateral"

Cantor Fitzgerald is discussing receiving support from Tether for its planned multibillion-dollar program to lend dollars to clients who put up Bitcoin as collateral: BBG

[Samson Mow @Excellion]

Just a note of caution to all the shitcoin speculators: what is happening to Ethereum now will happen to whatever thing you’re currently excited about.

This is how it has always been and this is how it always will be.

Sell it and buy #Bitcoin while you still can.

[Saifedean Ammous @saifedean]

My books have been translated to 38 languages and counting!
Find out how you can get my books in your language here: https://t.co/In6WvNK4EF

If one of my books is not available in your language and you would like to translate & publish it, please contact [email protected]

[Michael Saylor @saylor]

MicroStrategy announces $42 billion capital plan including $21 billion ATM equity offering and a target of raising $21 billion in fixed-income securities. Join us at 5pm ET as we discuss our quarterly results and #Bitcoin Treasury Company plans. $MSTR https://t.co/eXYELbN1Dm

[Lyn Alden @LynAldenContact]

Bhutan has a lot of hydro energy, so they’re just out here quietly mining bitcoin with it and stacking it at the sovereign level.

[Brian Brookshire @btc_overflow]

How to never be surprised by what Michael Saylor says.

Lately, it feels like every other week a Saylor interview drops that ignites some new #Bitcoin controversy.

Bitcoiners once again question whether or not Saylor really understands Bitcoin and whether $MSTR is good or bad for Bitcoin.

But should we really find ourselves caught so off guard?

(Length warning)

If we just think through how MicroStrategy operates and the conditions required for its bitcoin strategy’s success, we can easily identify not only the types of views Saylor is likely to express but the types of views he must express—as well as must not express.

First, let’s consider some basic facts about MicroStrategy

- MicroStrategy has tied its fate to bitcoin.
- Bitcoin NgU depends on not only retail participation, but also corporate adoption.
- MicroStrategy is a public company that must stay in the good graces of the SEC, taxing authorities, and other regulatory bodies.
- MicroStrategy holds its bitcoin with qualified custodians.
- MicroStrategy has “productized” its stock and must stay in the good graces of tradfi institutions and lenders.

As we move on to the things Saylor can and can’t say, keep in mind that job no. 1 for company leadership is promoting confidence in the company and its business strategy.

What Michael Saylor can’t say

If one of Saylor’s goals is the corporate legitimization of bitcoin, it’s obvious that he cannot take a hardline stance against the government, the SEC, banks or other financial institutions without causing significant harm to his business.

He also needs to not only steer clear of any FUD about custodians or EO 6102s, but actively dispel such FUD.

Of course, distrust in all of the above is a part of bitcoin culture. It might disappoint hardcore bitcoiners that Saylor does not take a public stance against them, but the fact is he simply cannot.

What Michael Saylor can or must say

If you want to promote the corporate legitimization of bitcoin, but you can’t, as is often done in the bitcoin world, lead by bashing every government agency and financial institution, how do you do it?

You avoid the controversy and promote bitcoin as a superior financial asset. This is exactly what Saylor does. We have him to thank for popularizing, “There is no second best.”

If the value of your company is tied to the value of its bitcoin, which is held at a qualified custodian, what must you do? You must assure shareholders that the bitcoin is safe with the custodian and fears of malfeasance or government seizures are overblown.

If the tradfi players you want to legitimize bitcoin with want yield, you must at least pay lip service to yield.

In concluding, I’d like to add that these are positions Saylor must be publicly committed to, regardless of whatever personal convictions he may or may not have to the contrary, by the sheer game theory of his situation.

When I watch what Saylor says and does, I’m always reminded of the famous F.A. Hayek quote:

“I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop.”

Whether by genuine intention or covert necessity, Michael Saylor’s success with bitcoin depends on taking Hayek’s “sly roundabout” path.

[Tuur Demeester @TuurDemeester]

I believe this was the original post behind the link. HT @robustus

[Pierre Rochard @BitcoinPierre]

Are you 100% certain that a globally effective ban on bitcoin will happen before it’s too late?

If not, you should buy bitcoin.

[Yann LeCun @ylecun]

AI datacenters will be built next to energy production sites that can produce gigawatt-scale, low-cost, low-emission electricity continuously.
Basically, next to nuclear power plants.
The advantage is that there is no need for expensive and wasteful long-distance distribution infrastructure.

Note: yes, solar and wind are nice and all, but they require lots of land and massive-scale energy storage systems for when there is too little sun and/or wind. Neither simp,e nor cheap.