iamwoods

[iamwoods @iamwoods53]

@0ccultbot Probably aligned with this theory. I think most of us are drawn back here inescapably by our own nature, eventually surrendering enough density/separateness to be karmically free of the obligation for further physical lifetimes.

[iamwoods @iamwoods53]

@_Adrian @adam3us @LukeDashjr @saylor Really appreciate the in-depth response. This reconciles the disclarity for me.

Thanks Adrian, keep at it ✊️

[iamwoods @iamwoods53]

@_Adrian @adam3us @LukeDashjr I'm a long term follower of your interviews. You & Saylor are the only voices that make me question BIP110.

I dont see your commentary on the following: Considering BTC works with lower limits, what exactly do we need larger limits for and does this reason outweigh the risks?

[iamwoods @iamwoods53]

@hillery_dan I agree with this logic from the perspective of a preferred purchaser, but from the lens of $MSTR, its only worthwhile if we reclaim par/have new issuance. I do believe this will happen, hopefully while we're still in the bear so they can stack more BTC

[iamwoods @iamwoods53]

@comic What is your expectation for strategy when BTC doubles? Do you expect it to underperform?

I can see the bears looking so correct for now and then so painfully wrong in a year or two.

[iamwoods @iamwoods53]

@Fermitthakrog8 @BigpictureBTC They currently have 30 years of dividend coverage for their yield instruments. When bitcoin doubles, that becomes 60.

We wont convince each other here, but the dividends will always get paid and as proof accrues, so will investors.

[iamwoods @iamwoods53]

@saylor @Strategy So much whining in the comment section. Of course amplified bitcoin is down hard when bitcoin is down 50%.

If you liked MSTR last cycle, look at the balance sheet today and take a deep breath. We've came a long way.

[iamwoods @iamwoods53]

@BigpictureBTC What about the fact that in a bull market the collateral ratio and cash reserve are likely to be dramatically improved?

Ill admit, I wont be holding STRC in this period as id sooner be on the BTC train but when more eyes are on BTC, it's reasonable to believe buyers will arise.

[iamwoods @iamwoods53]

@saylor The BIP110 stance is literally the first and only thing ive been somewhat dubious about from Saylor.

[iamwoods @iamwoods53]

@BigpictureBTC Doesnt refute the point.

The reality is, this instrument is going to trade to par eventually. What would your commentary be when this happens?

[iamwoods @iamwoods53]

@KaileaandTim @saylor Not true. If $STRC goes to par, they can begin purchasing BTC through its issuance, rather than MSTR dilution.

Even so, why would they not issue MSTR to buy BTC at the 200w SMA. When BTC doubles, the balance sheet will reflect favorably in the MSTR share price

[Amanda Orson @amandaorson]

The faster technology moves, the more I think about Bezos' question

What won't change in the next 10 years?

Things I've been writing down over time:

- Humans will always need shelter, food, energy, and healthcare.
- The desire for ownership and the accumulation of wealth.
- The physical world will move more slowly than the digital one.
- Every increase in technological capability, especially AI, will require more energy.
- People and businesses will continue to need access to capital.
- Capital will continue to seek returns that exceed inflation.
- Underwriting methods evolve, but demand for credit (loans) is persistent.
- Trust remains scarce and becomes increasingly valuable as content, code, and fraud become cheaper.
- Verified identities and reputation becomes more important as information becomes abundant and synthetic.
- Long-term wealth creation and dynastic (multi-generational) thinking predate modern technology, and will persist.
- Coordination and transaction costs never fully disappear; market friction will continue to justify the existence of firms and intermediaries.
- People will continue to compete for status.
- Consumers will pay a premium for products and services that confer status.
- Time remains fixed at 24 hours per day.
- But attention is a finite resource and an enduring constraint.
- Products that credibly save time (or enable delegation) have a perpetual market.
- Inaccessible, proprietary data will be a persistent moat. The more inaccessible and difficult to aggregate, the deeper the moat.
- People want accountability, recourse, and clearly identifiable responsibility when things go wrong.
- Regulation consistently lags technological innovation.
- Compliance requirements, licensing, and regulatory moats persist even when machines can perform the underlying task.
- Local knowledge remains valuable and difficult to replicate.
- Heterogeneous markets (like real estate) continue to reward people with deep contextual understanding.
- Incumbent organizations tend to underinvest in disrupting their own businesses, which always creates opportunities for challengers.

Bezos' insight on what wouldn't change in 10 years was "Customers will always want lower prices and faster delivery."

It's boring/ true, but I think that's the point.

Everything we build today can and will be rebuilt more cheaply, faster by someone else.

Build on the invariants, not the trends.

What have I missed?

[🏔Adam🏔 @denverbitcoin]

As far as memes go, this is just so good lol.

[iamwoods @iamwoods53]

@desni3_7 It's unfortunate.

I've had *glimpses* of this same truth - both sober and exogenously induced.

He's pointing to something real, however, there is a mistake relying on drugs to deepen the presence of this awareness rather than integration in daily life.

[iamwoods @iamwoods53]

@IIIIINASTYIIIII @saylor What do you think about their BTC increasing by 10% in the last quarter? An impressive feat, considering theyre already the largest corporate holder.

[Mark Manson @Markmanson]

In the game of life, he who has the smallest ego usually wins.

[iamwoods @iamwoods53]

@BitPaine Just confirming you don't suspect CSAM on the blockchain could be used as a attack vector by governments etc?

Still don't really see what we're gaining here really

[iamwoods @iamwoods53]

@saylor I do remember Saylor posting a video that ended with "Run Knots" - which I agree with.

Lets hope the resistance is good judgement, rather than complacency or malevolence.

[iamwoods @iamwoods53]

@AdamBLiv Can you/have you made a video discussing this math?

Im following intuitively but cant wrap my hands around the metrics highlighted from this post alone.