02:34 onwards. Peter Thiel speaking about Bitcoin well ahead of time. Think carefully about this and what subsequently happened. I’m HODLING though. It’s moral and existential.
This is a pretty crazy video of Thiel talking about how Bitcoin has been co-opted by Blackrock and the government (in his view)
"There’s the question of the ideological founding vision of Bitcoin and these cryptocurrencies as a cypherpunk, crypto-anarchist, libertarian, anti–centralized government thing — that’s what I thought was terrific about it.
The question is: does it really work that way, or has that thread gotten lost?
When people in the FBI tell me they’d much rather have criminals use Bitcoin than 100-dollar bills, it suggests maybe it’s not working the way it was supposed to.
Have I sold any of my Bitcoin? I still hold some. I didn’t buy as much as I should have. I’m not sure it’s going to go up that dramatically from here. We got the ETF addition, and I don’t know who else buys it quickly from here. I still have a small position; it probably still can go up some, but it’s going to be a volatile, bumpy ride.
I had a dual reason: one was the ideological decentralized future of computing that I really do believe would be better, and it seemed like the perfect vehicle for that for such a long time.
I am much less convinced of that now. Maybe Larry Fink with the BlackRock ETF surrendered to the ESG forces, or maybe Bitcoin’s been co‑opted by them — and I worry it’s more the latter.”
@AutismCapital You can be sure Saylor is completely unassociated with this whole thing.
Who else can you say that about?
It’s moral and existential.
Buy Bitcoin. Buy Strategy.
@_The_Prophet__ That’s not quite right. AI stupidity is not a function of a misconception of human intellectual vanity. And certainly not the church and Copernicus. It’s just insufficiently developed and poorly executed programming. It is dumb in my expert area too.
@Breedlove22 Hi - responding to your request for guests can I suggest the science historian Stephen C Meyer - he is extremely rigorous and persuasive whilst challenging perceived wisdom. Intellectually very satisfying
@Breedlove22 My condolences. My mum died a year ago- It’s a big gap that never goes away. she bought Bitcoin partially because of your honest commentary. Thank you.
@PeterMcCormack Just like Bitcoin you need to do the work. I’m really surprised that someone with your otherwise authenticity and sophistication got to this 2D conclusion.
Wanna know how early we are?
Half the people on #Bitcoin Twitter can’t even convince their own spouses Bitcoin is legit…
(the other half still don’t have girlfriends).
You're living through a fourth turning.
Terrible things will continue to happen that are entirely out of your control.
This is not a new human experience.
But our 24/7 acute awareness of these events is.
It's up to you to decide what you give your attention, emotion, and energy to.
You get one shot at life.
When you look back, will you realize that you passed your time engrossed in one emotional event after another?
Will you allow your screen to dictate your emotional state for the rest of your life?
Or will you look up and notice the sunshine and beauty all around you?
There may come a day where YOU are at the center of one of these terrible events.
Will you then wish you had enjoyed the relative peace, stability, and health that you once took for granted?
We are in a period of enormous change.
The monetary system is straining.
US military dominance is waning.
Artificial Intelligence is accelerating.
The concept of the nation state itself is under threat.
The political class of nations across the world will do whatever it takes to hold onto power.
As usual, innocent civilians will be the biggest losers.
There will be chaos. There will be war.
But there will also be great advances.
And beauty will remain for those who seek it.
Some people will choose to thrive during this period.
They will rise to challenges.
They will focus on what's in their control.
They will prepare physically, mentally, emotionally, and financially for difficult times.
What can you do?
Stay positive and constructive. Stay aware, but don't be paralyzed by fear.
Negative-energy emotional traps are the quickest way to lose all of your power.
So don't fall into them.
"Be the change you wish to see in the world."
Take that advice to heart.
And remember that the things you give your focus and energy to will dominate your life.
So choose wisely.
It's absurd that in 2023, one can be a Doctor (MD), a Lawyer (JD), a Software Engineer, a Professor, a CEO, own ten properties, run various companies, and so much more.
Yet, with all these qualifications and achievements, you still have to be a professional investor to avoid getting robbed by this monetary system.
Save all your long-term, hard-earned savings in #BTC
Let's break down the audacious ways the government siphons your hard-earned money:
1. Earn it? They'll slap you with an income tax.
2. Spend it? Say hello to VAT.
3. Think of investing? They're eyeing those capital gains.
4. Brave enough to start a business? Hand over that profit tax.
5. Generously give it away? They'll pocket a gift tax.
6. Pass away? They're coming for that inheritance tax.
7. Wisely save it? Inflation's gnawing at it.
Seems like there's no escape, isn't it?
Buy Bitcoin, opt out.