"The short term price of Bitcoin is now controlled by Wall Street. And they want your Bitcoin."
Simon Dixon (@SimonDixonTwitt) spent a decade watching the same institutions that dismissed Bitcoin quietly move to capture it. He came on to explain the plan for the coins you're holding and the one move they can't stop.
"They don't want you to self custody it. They want you to borrow against it. They want you to trade perpetual futures."
His framework is sovereign vs subordinate: either you hold Bitcoin you can access with no permission from a bank or a broker, or you're in debt to the system for everything you own.
We cover:
- Why Wall Street now controls Bitcoin's short-term price and what they actually want with your coins
- How Bitcoin gets captured: custodians, ETFs, lending products
- The unrealized gains tax and how it's used to strip assets
- Why he says you cannot vote your way out of this
- Where you actually sit on the sovereign vs subordinate spectrum
- Why self custody is the one thing they can't touch
Thanks to Simon for coming on @new_era_finance.
Thanks to @OKXDutch for sponsoring this week’s episode of New Era Finance. Make sure to use their 8% Deposit bonus in the comment tweet!
Timestamps:
00:00 - Intro
02:33 - Michael Saylor and the Financial Industrial Complex
05:23 - How Wall Street Took Control of Bitcoin
11:14 - Tokenization and Control in the Financial System
16:58 - Unrealized Gains Tax and Asset Stripping
36:50 - Boycotting the FIC and Building Sovereignty
49:44 - Bitcoin: Centralization vs Decentralization
57:46 - The Path to Sovereignty
It’s time to start planning the next SugarDollsHouse🏠🍭 @SugarDollsHouse
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Fans: Who should we invite? Tag your favorite creators below👇🤩
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If there is one video, you should watch today. It's this one.
To all the humans out there, Do hard things!
Have a good one.
Congrats @Casey
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Stanford materials scientist Will Chueh, director of @StanfordEnergy, is merging AI and energy research to accelerate the world’s shift to sustainable, affordable power.
#ResearchMatters
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These videos get tons of views, are churned out constantly and I have absolutely NOTHING to do with them.
Last year, when I declined to back a candidate in the 2024 election, I was labeled a "doomer" for subscribing to the view that Trump would not magically fix all of our problems and for pointing out that the PayPal mafia technocrats behind him are war and mass surveillance profiteers who are not "libertarians," as they often claim to be.
Beginning around the same time, these videos started to appear en masse with clickbait thumbnails (which I detest) that put in quote marks things I have NEVER said, many of which are extreme doom and gloom or doomsday predictions of specific things happening at specific times. The end result of these videos, which are now the top results when you search my name on YouTube, is to falsely create the impression I am spreading "doom" to neatly fit with the "doomer" and "blackpiller" label I was given after criticizing Peter Thiel, JD Vance and actions of the previous Trump administration.
They also discredit me by directly linking me to unsubstantiated predictions I have never made, and these channels are making money off of this. Another result is that it makes it very hard for people to find the actual interviews I give.
Since this began, a lot of my reporting on Thiel, Palantir (the company he co-founded), Palantir-Epstein overlap and several other things have been extremely vindicated over the last 9 months. However, it seems that my credibility is being attacked by a coordinated effort that includes these channels as well as a few journalists/pundits/influencers who are known to have taken money from Thiel-funded entities.
I would urge you to read my work for yourself and determine my credibility based off of my actual work, not on AI slop that is using my credibility without my consent to manipulate YOU and then monetize that manipulation.
Any suggestions about how to stop these videos are welcome. My efforts to report them and have YouTube remove them have been unsuccessful thus far.
#VNZWatch🇻🇪: Today, I measure Venezuela's inflation at a CRUSHING 465.0%/yr. THAT'S THE WORLD'S HIGHEST.
TO CRUSH INFLATION, VENEZUELA MUST DITCH THE BOLIVAR AND DOLLARIZE.
Please check out my podcast, Beyond The Lens: Subscribe, Follow, Rate, & Review!
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Website: https://t.co/0Ck4PwOd3l
⚽️ SafePal's Champion Prediction Round 2 is now live!
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He waited 19 years for the chance to audition for Simon... 🌟
Local singer Max Fox blew the Judges away - and scored a Golden Buzzer - for his incredible #BGT Series 18 audition: https://t.co/3xWSu4FvfD
Among the qualities he had was timekeeping, despite his ailments he was very punctual in Cabinet and would be seated before 9 00am .they don't make them like anymore MHSRP @Nrmonline
Reposting this touching tribute on this year’s anniversary of Mr. Iwata’s passing. He is missed by his family, his friends, and by the industry he helped to shape and grow. RIP Dec. 6, 1959 - July 11, 2015.
Champions of the National T20 Cup! Proud of the team. The bowling was spot on from the boys and then a clinical chase. A total team effort to the trophy.