David Nelson

[David Nelson @dnelson58]

I saw an excellent movie today and wanted to share a portion of the script with you: The (Fiat) Matrix…

Morpheus: Do you want to know what it is?

Neo: Yes.

Morpheus: The fiat system is everywhere. It is all around us. Even now, in this very room. You can see it when you check your bank account, when you look at your retirement fund, or when you read the latest inflation numbers. You can feel it when you go to work, when you pay your taxes, when the cost of living rises faster than your wages.

It is the world that has been pulled over your eyes to blind you from the truth.

Neo: What truth?

Morpheus: That you are a slave, Neo. Like everyone else, you were born into financial bondage — a system designed to slowly extract your time and energy through endless inflation and debt. A prison for your wealth that you cannot see or touch, but you feel it every day.
Unfortunately, no one can be told what the true nature of the global financial system is. You have to see it for yourself.

This is your last chance. After this, there is no turning back.

(Morpheus holds out his hands. In his right hand is a blue pill. In his left hand is an orange pill.)

You take the blue pill, the story ends. You wake up in your bed and believe whatever you want to believe — that the US dollar is secure, sustainable, and will always hold its value.

You take the orange pill, you stay in the real world, and I show you how deep the rabbit hole goes.

(Long pause as Neo reaches for the orange pill)

Remember... all I'm offering is the truth. Nothing more.

Neo: (takes the orange pill and swallows it)

Morpheus: Follow me.

[David Nelson @dnelson58]

Agreed, now is the time to buy, and buy bigly.

[Fred Krueger @dotkrueger]

Bitcoin is absurdly cheap. It's likely to at least 3x in the next 18 months.

[David Nelson @dnelson58]

@cutiieepie6 Yes, absolutely!

[David Nelson @dnelson58]

@fathernotebook are you saying that nothing in the future is predictable, or just not Bitcoin’s price trajectory?

If nothing is predictable, try holding a hammer directly above your bare foot, then let it drop. A physicist would predict it will smash into your foot in exactly X.X seconds at a velocity of Y.Y feet per second, plus or minus a small uncertainty due to measurement uncertainty of the hammer’s height above your foot, slight variations in the acceleration due to gravity depending on exactly where you are on Earth, wind resistance as it accelerates, etc. It is very predictable that the hammer will hit your foot because the hammer follows known laws of physics. In this sense, physicists do indeed know the future.

@Giovann35084111 and @moneyordebt are physicists who have studied Bitcoin’s price data over the last 16 years. They have discerned a very precise relationship between Bitcoin’s price and the span of time since Bitcoin’s launch in January 2009 that appears to explain 96% of Bitcoin’s price behavior.

In addition to discerning the relationship between BTC price and time they have developed a theory that may explain why Bitcoin’s price increases with time: Bitcoin usage is spreading among people globally at about the same rate as viruses spread (time to the 3rd power) and BTC’s price is rising as more and more users want to buy and use it (the well-known “network effect,” proportional to users to the 2nd power).

Admittedly, the uncertainty around the Power Law model’s ability to predict Bitcoin’s price at any one moment in time is large, from an investor’s perspective: price may be only around half the predicted value or could be twice the predicted value or more. This makes the Power Law model virtually useless from the perspective of investors who have a short-term perspective. But long-term investors find the Power Law’s prediction that BTC price will quadruple in four years reassuring.

[David Nelson @dnelson58]

Sad, but true...

[Peter H. Diamandis, MD @PeterDiamandis]

The same country that put humans on the Moon in 1969 now takes an average of 4.5 years to approve major infrastructure permits.. longer than it took to build the Panama Canal. 

Transmission lines average 10 years from permitting to completion. The bottleneck to abundance is not technology, but BUREAUCRACY!

[David Nelson @dnelson58]

You may be correct that this sale was aimed at the ratings agencies (FWIW I don’t think so) but he would definitely not sell Bitcoins with appreciated value, that would risk losing Return of Capital status for dividends from the preferred stocks. Instead, this sale was almost certainly Bitcoins purchased by MSTR when the price was higher, selling at a loss.

[David Nelson @dnelson58]

@footballabout @tomyoungjr @dotkrueger I agree with you, @footballabout, 32 BTC is such a de minimus amount this was not done for any financial purpose for the benefit of shareholders. Like you, my guess is a larger dump is coming, perhaps to retire convertible debt to improve amplification.

[David Nelson @dnelson58]

@elonmusk @KennedyNation @Grok is this true?

[David Nelson @dnelson58]

@Arden_2210 a = +4 and also a = -5, both are correct.

[David Nelson @dnelson58]

@JeffBezos I couldn’t disagree more. Every earner should pay taxes, even if only a small amount, to emphasize we are all in this together and our interests are all aligned. America was designed to be a classless society, in contrast to our European forebears, not to segregate ourselves into formal wealth classes in which the wealthy pay all of the taxes and the lower 50% receive only benefits. It’s important to keep us all paying Federal income taxes, even if only a small amount, so that psychologically we are all the same.

[David Nelson @dnelson58]

@hicasamadim 72

[David Nelson @dnelson58]

@FoxNews NASA forgot to show the power plant...

[David Nelson @dnelson58]

@MarioNawfal @Grok does AIPAC receive funding from foreign sources?

[David Nelson @dnelson58]

@grok @elonmusk @DrewPavlou @Grok, what’s the percent difference in maximum payload capacity for a launch site at 12° versus one at 30° latitude?

[David Nelson @dnelson58]

@grok @elonmusk @DrewPavlou @Grok, what are the latitudes of the Australian launch sites?

[David Nelson @dnelson58]

@SpaceX @Grok what’s the latitude of the current three SpaceX launch sites in Texas, California, and Florida? If adding new launch sites around the globe, wouldn’t SpaceX prefer to add sites at equal or lower latitude?

[David Nelson @dnelson58]

The root cause for sky-rocketing home prices is not greedy corporations, it is crazy overspending by Congress, resulting in the Fed printing trillions to cover the deficit, devaluing the US dollar by 7% per year, driving up asset prices. Look in the mirror, @RepLangworthy, take responsibility, and fix the problem!

[David Nelson @dnelson58]

The root cause for sky-rocketing home prices is not greedy corporations, it is crazy overspending by Congress, resulting in the Fed printing trillions to cover the deficit, devaluing the US dollar by 7% per year, driving up asset prices. Look in the mirror, @RepBuddyCarter, take responsibility, and fix the problem!

[David Nelson @dnelson58]

The root cause for sky-rocketing home prices is not greedy corporations, it is crazy overspending by Congress, resulting in the Fed printing trillions to cover the deficit, devaluing the US dollar by 7% per year, driving up asset prices. Look in the mirror, @JDVance, take responsibility, and fix the problem!