Scott A Kohler

Happy to be here

[Kevin Gallagher @KevG163]

Joe Montana's Final Magic Act

#Chiefs-Broncos, 1994 MNF

"Lord, you can take me now, I've seen it all."

After John Elway gives Denver the lead with 1:29 left, Montana takes his team 75 yards to win it.

ABC's Al Michaels, Frank Gifford, and Dan Dierdorf — left breathless at Mile High

[Senator Rand Paul @SenRandPaul]

Printing money to fund government spending is a choice. Inflation is the consequence of that choice.

When inflation erodes the value of your paycheck and savings, the government is taking purchasing power from you.

It's theft.

[Scott A Kohler @itsscottyk]

@RonDeSantis Respectfully, both

[Lyn Alden @LynAldenContact]

My bullish/bearish take on bitcoin is that we shouldn’t blame any entity for buying too much of it, because if bitcoin can be killed by an entity buying it, then it wasn’t meant to be.

If all it takes to kill bitcoin is a bullish entity that likes it enough to buy, then go home.

[Scott A Kohler @itsscottyk]

@wesbury Heading into some interesting times, me thinks

[Scott A Kohler @itsscottyk]

Just finished reading The Sovereign Individual- It sucks to be somewhat enlightened

[Brian Wesbury @wesbury]

The sick thing about this is that every elected official in Washington DC, and every bureaucrat, knows this. And, yet, they do nothing. And, then, voters keep electing them over and over.

[Scott A Kohler @itsscottyk]

@RonDeSantis I've followed her for years. This is giving her more public exposure but I assure you governor, she is much more than just the drummer for Rush now. She is a force.

[Scott A Kohler @itsscottyk]

Two of my favorite people talking

[Сarm1ne @carm1nee]

Elon Musk told Ron Baron he's building a chip that will be 2 to 3 times better than NVIDIA - at 10% of the cost

"I have the entire physical design of the chip laid out in memory - I can visualize the whole thing"

when TSMC told him a new fab takes 5 years he said: "five years to me is an eternity - my timelines go one year, two year, and at year three it goes to infinity"

so he's building his own

Tesla's self-driving has logged 10 billion miles - 4 times safer than a human driver - with the new chip it will be 10x

"I don't own any vacation homes - just one house in Austin and a tiny house at Starbase - friends come to visit and they think I'm kidding"

watch the full conversation ↓

[Scott A Kohler @itsscottyk]

Agreed, but I would add "in self custody".

[Dan Held @danheld]

We wouldn't need Bitcoin:

- If we could trust banks
- If we could trust people
- If we could trust the government

But we can't. That's why we need Plan ₿

[Simply Bitcoin @SimplyBitcoin]

Jamie Dimon told Congress he will fight the Clarity Act to protect you.

The man whose bank charges $35 overdraft fees is protecting you.

Good to know.

[Scott A Kohler @itsscottyk]

bwahahaha! I'm laughing and crying at the same time. I'm thankful the world has this guy.

[Teddy - PolyBackTest.com @Bitcoin_Teddy]

Elon Musk used a joke to perform an autopsy on the American economy.

Two economists go for a hike. They find a pile of shit. One pays the other $100 to eat it.

They keep walking. Find another pile. The second economist pays $100 back to eat that one.

They stop. Neither man gained a dollar. Both ate shit for nothing.

But on paper they just generated $200 in GDP.

Musk: “That basically would count as a job. This is to illustrate the absurdity of economics.”

That is not a punchline. That is the operating system of the federal government.

Every time a politician celebrates “record job creation” this is what they are describing. Not output. Not value. Not progress. Motion.

The entire bureaucratic machine exists to manufacture friction and then invoice for it.

Compliance layers built to justify the next compliance layer. Oversight committees that produce nothing but the need for more oversight. Consulting firms hired to audit the work of other consulting firms.

Trillions circulating through systems that have never produced a single thing you can hold in your hands. But the GDP number ticks up. So everyone applauds.

The shit gets eaten. The scoreboard moves. Nobody asks what actually got built.

This is why Washington treats AI like a five alarm fire.

AI does not play the friction game. It does not form a committee. It does not schedule a review. It does not file 400 pages of paperwork no one will ever read.

It just solves the problem.

And that is the one thing the machine cannot survive.

The government does not tax results. It taxes the process. The longer the process, the deeper the cut.

AI compresses a ten day workflow into seconds. There is nothing left to bill. Nothing left to tax. Nothing left to skim.

So they will spend the next decade warning you that AI threatens the economy.

What they will never say is what it actually threatens.

The illusion that activity equals progress.

The $200 economy where both men ate shit and called it a job.

The machines are not coming for your purpose.

They are coming to prove that half the economy never had one.

[Scott A Kohler @itsscottyk]

Why I don't watch or listen to #kimmel or #colbert anymore.....because they are NOT FUNNY!

[Teddy - PolyBackTest.com @Bitcoin_Teddy]

Conan O'Brien slams comedians going after President Trump.

"I think you've now put down your best weapon, which is being funny and you've exchanged it for anger… If you're a comedian, you always need to be funny."

[Documenting Saylor @saylordocs]

Billionaire Ron Baron said this on CNBC:

1. Starlink will be worth up to $14 Trillion
2. SpaceX will be worth $10T - $30T or more
3. $1B IPO order
4. Would NOT bet on SpaceX-Tesla merger
5. Terafab saves big margins, 50X chips needed.

Never bet against a guy who never gives up.

[Scott A Kohler @itsscottyk]

One of the few I care about what is said

[Lyn Alden @LynAldenContact]

I'm imagining the bears who think that Bitcoin is so weak that if you buy 4% of it and talk a lot, you can destroy the whole network.

It's not even a person, but a group. Bought 4%.

Like, somehow the key weakness of Bitcoin is that if someone buys 4% of it, everything fails.

[Scott A Kohler @itsscottyk]

Pretty much what he said..

[Michael Saylor @saylor]

Capital markets are funding the AI buildout at historic scale: ~$400B over 6 months. Bitcoin ETFs have seen ~$4B of outflows since May 14, pressuring $BTC. This is a capital rotation, not a Bitcoin impairment. Volatility creates opportunity.

[dank @cptdankkk]

Rob Gronkowski says he lived off $50,000 as an NFL rookie because he understood the NFL meant "Not For Long"

"My agent gave me a $50,000 advance for what's going to come in the marketing world for myself. I just had to pay him back within the first $50,000 I made"

"I was able to purchase my first car, which was a 2008 Escalade, and then to be able to pay rent once I got to New England. And then from there on out, I really didn't need any other money"

"I was getting free meals at the facility. I just kind of needed gas money. You go out, the drinks are free or you pay for one, you get 10 free when you're when you're on the Patriots up in the Boston area"

"So I wasn't really spending much money at all, especially when it got to the season. I mean, you're inside that building and everything's handed to you on a daily basis from breakfast all the way to dinner"

"I just lived off my marketing dollars. I was living a low-level life. I had a condo with a roommate that was on the team as well. We're paying $1,500 a month in rent while in the NFL"

"I was very frugal and that's how I got away with it. Not having any lavish purchases, the first couple years in the league and just banking away what I was making because I truly understood that the NFL stands for not for long"

[Scott A Kohler @itsscottyk]

I agree. Charlie Munger said if you don't invest knowing you can see a 50% drop or more maybe you shouldn't be investing. Patience with Volatility is the price you pay for potential compound gains in the future. I think a lot of folks bought who shouldn't have bought, or bought with shorter term money gambling it would pay off.

[Rajat Soni, CFA @Rajatsoni]

People are worried that bitcoin is crashing

I don't understand

1 BTC = 1 BTC

Blocks are still averaging 10 minutes

Satoshi's coins haven't moved

Bitcoiners own more Bitcoin than they did last year

Institutions are still buying

Nothing has changed

[Scott A Kohler @itsscottyk]

Would love to know what #bitcoin folks think of John Makan and his @BitcoinGambit piece. I've been reading chapters of his book as he publishes them on #substack

[Michael Saylor @saylor]

HODL

[Scott A Kohler @itsscottyk]

Bitcoin is freedom from fiat tyranny

[Jeff Swanson @theswansjr]

The 5th Amendment says the government can't take your property without due process. Inflation takes it quietly, no hearing, no compensation, no consent.

Bitcoin is the first money they can't inflate away.
The Founders would have recognized that immediately.

Follow if you're serious about building wealth they can't print away.