Pedro Veracierto

Economics, Music & Tech.

[Ricardo Hausmann @ricardo_hausman]

Secretary Marco Rubio: You have just lost any trust Venezuelans ever had on you, and it will come to haunt you. You opted to use US power, not to free Venezuelans, but to go to bed with our oppressors. You opted to push an asset grab, an unconstitutional deal with an illegitimate oppressive government, instead of using US leadership to re-establish constitutional rule and democracy first, and then deal with a legitimate government that could have made credible long-term commitments, in due course. This announced deal will not stand. Delcy, contrary to what you boss just stated [see below] is not "highly respected" by any Venezuelan I know, or by any American outside of the Mar-a-lago kleptocracy. She has no legitimacy or constitutional power to commit Venezuela to any such deal. Venezuelans will not respect this illegitimate deal and no major US oil company will take it seriously because they know it will not last. No wonder you are using wanted criminals - like Alejandro Betancourt - to make this shameful deal. You are also preventing our leader - Maria Corina Machado - from returning to Venezuela, and you have conspired to delay elections and the return to democracy. Shameful.

[Stack Hodler @stackhodler]

What are you actually buying when you buy Bitcoin?

Some will say you're buying a piece of the world's strongest computing network.

True, but it misses the point.

When you buy Bitcoin, you're buying a category-leading tech product that solves a universal problem:

Where to put your hard-earned savings so that they can't be seized or debased.

The real killer feature is that last part: Bitcoin cannot be debased.

There will always be more fiat, more homes, more big tech shares, more government bonds, more gold bars, more sports cars, etc.

But there will never be more than 21 million Bitcoin.

Which means it's virtually guaranteed to gain purchasing power relative to everything else you may want.

And the world's strongest computing network protects that guarantee.

There is no other product like this.

Bitcoin has a monopoly on long-term, sovereign, digital wealth storage.

So if you want your life to improve over time, you buy Bitcoin.

If you want to provide a nicer home for your family, you buy Bitcoin.

If you want to stop stressing about bills or looking at prices on menus, you buy Bitcoin.

But the buying is the easy part.

Patience, confidence, and commitment to hodling in the face of volatility is the short-term price you pay for long-term freedom.

By the time your steadfast hodling pays off, you may find that honing those attributes ends up being more valuable than the money itself.

Of course, if you ever voice that opinion you'll only hear one thing: Easy for you to say! You bought Bitcoin under $100K!

[Anthony Pompliano 🌪 @APompliano]

The decline in these trends over the last 40 years is eye-opening.

[Daniel Lacalle Official Account @dlacalle_IA]

Bank of Japan
1. Prints insane amounts of money.
2. Becomes largest holder of ETFs in the Nikkei, incentivizing investors to purchase Japanese ETFs borrowing in yen.
3. Yen falls to 40-year lows
4. BOJ blames "speculators". A classic.
5. BOJ spends billions stabilizing the yen
6. Yen rises, market declines, margin calls jump, Nikkei plummets. Black Monday.
You think this is "free market".

https://t.co/Y6NDIN6mhg

[Pedro Veracierto @pveracierto]

@codiguillos Buen hilo! Te faltó agregar la captura de los narcosobrinos 😁

[Pedro Veracierto @pveracierto]

@Manuelo85417482 @la_Mutua Espérate a que te toque reclamar algo…se te puede pasar media vida

[Pedro Veracierto @pveracierto]

@deft_89 @la_Mutua @Mutua_responde @deft_89 literal. Esto ha sido un calvario

[Pedro Veracierto @pveracierto]

@la_Mutua @Mutua_responde después de 3 semanas haciendo seguimiento ya recibí las grabaciones con atención al cliente. Les he enviado las observaciones junto con las grabaciones donde me confirman el reembolso de mi Parte 6.074.706 / 2024.
Espero una respuesta y solución!

[Pedro Veracierto @pveracierto]

@Mutua_responde @la_Mutua Supongo que esta es la razón por la cual los seguros son negocios tan rentables. La gente se cansa de llamar y enviar e-mails y ustedes se quedan con ese dinero que nos les corresponde.

[Pedro Veracierto @pveracierto]

@la_Mutua @Mutua_responde ya que no me dan una solución ni por teléfono ni por e-mail, basándome en la ley de protección de datos, solicito que me envíen todas las grabaciones de las conversaciones telefónicas que he tenido con atención al cliente el 21.03.24 y 10.04.24.

[Pedro Veracierto @pveracierto]

@Mutua_responde @la_Mutua @Mutua_responde todavía estoy esperando una respuesta con respecto a mi Resolución ID 543680. Sólo he recibido mensajes automatizados que no dicen nada. Que rápidos son para cobrar y que lento para gestionar reclamaciones y reembolsos.

[Pedro Veracierto @pveracierto]

@eldsjal Keep it up @eldsjal 🦾 When are you launching Audiobooks in Spain?

[Pedro Veracierto @pveracierto]

@Mutua_responde Enviado. Estoy atento a su respuesta!

[Pedro Veracierto @pveracierto]

@nayibbukele The saudis are now ready to HODL?

[Pedro Veracierto @pveracierto]

Hard to believe that @wef finally shared something positive about #Bitcoin
I guess this is the @BlackRock effect! 😁

[Alex Gladstein 🌋 ⚡ @gladstein]

Hard to believe this is real but here’s a superb World Economic Forum (!) video on how renewable hydro Bitcoin mining is acting as a lifeline for one of Africa’s largest natural parks, and how the heat externality is used to process cocoa more efficiently

[Michael Saylor @saylor]

Stay Humble. Stack Sats. 🚀

[Pedro Veracierto @pveracierto]

@javierbitcoin Mañana celebramos nuevo ATH?

[Stack Hodler @stackhodler]

The Great Accumulation has begun.

Forget everything you think you know about #Bitcoin price action.

We've never seen a finite asset meet a wall of constant demand.

Trillions in capital. Sitting on the buy button from market open, to market close.

9 ETFs competing.

BlackRock is leading the race for now... With well over a Billion in inflows into IBIT in just the last 3 days.

But are the Saudis just going to stand by and watch?

Is China really going to let an American entity run away with this?

What happens when #Bitcoin hits $100K but the accumulation continues?

There's only 21 million coins.

And Bitcoin is gaining legitimacy by the day.

Hundreds of millions of inflows from BlackRock clients EVERY DAY are sending a clear signal: #Bitcoin is the new global reserve asset of choice.

Which only makes the informed hodlers more confident in their thesis, and more reluctant to sell.

Number must go up to coax some new supply onto the market to meet the insatiable demand.

Meanwhile, the vast majority of asset managers have yet to secure a position.

Nor will they be able to at $0.05M per coin.

Their clients wealth is evaporating in Bitcoin terms while they sit there sweating, trying to get cute with market timing, and watching the price run away.

Peter Thiel just scooped up $100 million worth of Bitcoin.

He's often ahead of his peers.

More 9 figure panic buys from other Billionaires are imminent.

And then there's the corporations, pension funds, and insurance co's.

Anything under $100K is a steal.
Taking out gold at ~$600K is perfectly logical.

And $1 Million Bitcoin is a reasonable medium-term price target on the way to Hal Finney's $10 Million ultimate long-term target.

If you think that's completely unhinged, you don't understand how rare a single Bitcoin is, and how desirable it will be.

The harder it is to get a whole Bitcoin, the more the wealthy will want one.

Many people will sell their Sats for what they think is a lot of money.

Only to realize that what they thought was a lot of money, was peanuts to the new buyers who intend to hold their Bitcoin forever.

I'm not saying there won't be dips along the way, or that we'll never go down again.

But the circumstances post-ETF have drastically changed.

And we are due for a massive upward correction first.

The big money is here now.

And they aren't here to play around.

So if you sell, just make sure you kiss those Sats goodbye forever.

[Pedro Veracierto @pveracierto]

@CelsiusNetwork I received an email several weeks ago that I needed to have a Coinbase account to transfer my funds. When can I do that? Or are you doing the transfer for the users?