On our MAHA journey, we have introduced the following:
100% grass-fed, grass-finished beef ✅
100% beef tallow fries ✅
100% beef tallow tots ✅
Grade A Wisconsin butter ✅
A2 whole milk ✅
Cane-sugar Coca-Cola ✅
Elimination of all microwaves ✅
And we are working on changing our buns!
We are committed to becoming seed-oil free, because we are committed to making fast food the best it can be.
The thesis exists in two parts.
The first is that a decentralized ledger backed by energy is quite valuable (and more valuable in the long run than its current 0.2% of total assets). Precisely how valuable is up for debate. There's not really anything that would convince me that this isn't true, since it uniquely provides for portable savings and permissionless payments, although the hard part is knowing how many other people will find it useful and on what time horizon.
The second is that Bitcoin, due to early mover advantage, design simplicity, and ongoing network effects, will remain the dominant decentralized ledger. That's only gotten more true over time: 17 years of existence so far and it's still #1, and the distant #2 is below its 2017 peak in BTC-denominated terms, and with only 20% of the market size.
@MaxGulhaneMD Hi Max, did you mean to say “dietitians continue to advise AGAINST whole food consumption of saturated fat despite…” your statement sounds like the opposite.
Your relentless barrage of angry classless ad hominem insults don’t change the fact that Japanese state debt issuance has gotten ~10x more expensive in the last few years and that this is causing real not imaginary problems for the Japanese state. If you feel that this is nonsense and that Japanese deepening debt position is nothing to worry about then again I would encourage you to invest in JGBs. But you won’t because you probably know that’s a dumb idea
It also doesn’t change the fact that in the years that we have been dialoguing, your much-loathed digital “hard money” has 10x’d in value and has exploded in global adoption
We are in a transition era where your chartalistic theories are beginning to run into the cold hard steel of reality
There will be another 10x in the decline in utility of fiat debt and another 10x in the growth and utility of digital hard money before we are done
My best advice of course is what it has always been, stay humble and stack sats 😘
Evergreen tweet:
I don’t support any political party. I’m a hardcore independent.
I believe there are good people in both parties. I’ve interviewed Democrats and Republicans on my podcast. I have friends on the left, the right, and in the middle.
I evaluate each issue individually. Sometimes Republicans are right and other times Democrats are right. I’m not loyal to any party, so I’m free to think for myself on where I land in any debate.
We live in a hyper-politicized society. It’s nearly impossible to think critically if you’ve been indoctrinated into a single worldview.
Plus, the parties’ policy positions are constantly evolving, especially over the past 30 years.
Plenty of people disagree with me. Sadly, instead of debating the merits of my ideas, they claim I’m partisan.
But I know I’m staying true to my independent roots when both Republicans and Democrats get mad at me over the same topic.
My goal on X is to learn as much as I can from everyone. I don’t care if you’re Republican, Democrat, or Independent. If you have something useful or insightful to share, I’d love to hear it.
Thanks to all of you. I still can’t believe we have this incredible tool to learn from each other every day.❤️
Market finds signal through noise. Every time bitcoin has downward volatility, new liquidity forms & it diverges from cRyPtO. ETH is down 50% against the dollar Y-o-Y. Bitcoin up 20%. It is not correlated! When ETH dies, crypto does too and bitcoin will be easier to understand.
I've been interested in Bitcoin for 14 years now and today was by far the most astonishing day I've experienced.
We've gone from magic internet money that people mocked and sneered at, or vilified as the tool of criminals to today, when Bitcoin was recognized as a reserve asset of the most powerful and prosperous nation in history.
Truly surreal.
The Secretary of fucking Commerce, whom the President of the United fucking States just put in charge of a sovereign wealth fund and authorized to giga-long BTC is on fucking recorded fucking videotape saying that he owns “$100s of millions of BTC - soon to be billions” - and his company’s single largest holding is $MSTR.
And you are bearish.
gold and 117 other elements are made of atoms, but no one is confuses gold with other elements. analogously, bitcoin is made of cryptography, software, networks grounded to physical scarcity with proof of work; and no one should confuse bitcoin with an unlimited alt coins.