Ribeye inflation index has a big print. New price $37.99/lb. 17% inflation annualized from October. 18.5% annualized since last June. 90% cumulative since 2020. 11.0% compounded annually over 6+ years. Same ribeye, same store. High rates? Don't care. Bitcoin is the only way out!
$MSTR is going a lot higher by-> strategically selling Bitcoin for tax loss harvesting, retiring converts, buying back MSTR shares and selling $STRC to acquire Bitcoin WITHOUT increasing ADSO (Assumed Diluted Shares outstanding). Thank you for attending my Ted Talk.
@Strategy
🚨🇩🇪 Meanwhile in Germany
The EU Powerhouse wants to build an army of 460,000 Troops.
Whilst Conscription measures in Germany have already been - Generals say large numbers of Muslims will need to be recruited to fulfil this number - but they also have concerns about arming the same Muslims in case they defect.
Truly insane
HUGE
Forget Dubai Panama Paraguay Singapore Hong Kong.
“Persons who have not been tax residents of Türkiye for the past three years and who choose to relocate to the country will pay no Turkish tax on their foreign-source income and capital gains for a period of 20 years.”
Territorial taxation in a REAL country
Telegram CEO Pavel Durov accuses officials for 41 kidnappings of Bitcoin and crypto holders in France linked to leaked tax databases and sold user data
ARGENTINA TO ACCEPT 300K ISRAELIS & CREATE MINI-STATE
A confidential report from the Argentina Secretariat of Strategic Coordination & Assistance in Emergencies has been leaked to the press outlining a plan to:
- Receive 300K Israelis
- Establish a mini-country for Israelis in the burned parts of Patagonia called “Private Neighborhood Josué, Prophet of Israel”
PALANTIR CO-FOUNDER: "There’s one buyer that will be important in Bitcoin…AI Agents."
Joe Lonsdale, Palantir co-founder, predicted last year that AI Agents could be one of the biggest users of Bitcoin & crypto.
NOW: AI Agents make up 19% of all on-chain activity.
JUST IN: MORGAN STANLEY'S BITCOIN WALLET IS PUBLIC
Morgan Stanley's $MSBT (now holding 1,348+ $BTC) now has a PUBLIC Bitcoin wallet that you track in real-time. - Arkham
I bought Bitcoin at $4. Or so I thought.
Peter Viscenne had offered to mine it for me. He bought some fast mining chips from Butterfly Labs, but rather than delivering them to him, they used them to mine their own bitcoin. Then when Peter finally got the chips, Bitcoin was over $30. So he mined what he could. Then we lost all our Bitcoin to Mt. Gox when they “lost” the money.
Since Bitcoin didn’t drop much on the Mt.Gox news, I did some research.
It turned out that Bitcoin was being used for remitting money, paying unbanked employees, and creating economies where there weren’t any.
So when I heard about the US Marshall’s auction, I bid over market at $632 and bought all nine lots offered.
Got on Fox Business in 2014 and said Bitcoin would hit $10,000 in three years.
The host looked at me like "Why did we have this guy on the show?"
Three years to the day, Bitcoin hit $10,000.
After that, my predictions have not been so prescient, but I have reason to believe that Bitcoin will reach $250k in 18 months… and eventually I expect the number to be higher as Bitcoin rises and the dollar falls to inflationary pressures.
If you made $500,000 per day, every single day since the Great Pyramids were built, you would have less than half of what the US govt has borrowed since June.
$MSTR CEO PHONG LE: "BITCOIN NEEDS TO GO DOWN TO $8K A COIN,
AND SIT THERE for 5 years until 2032 before we have a problem satisfying the convertible notes."
NEW: Bloomberg says Bitcoin has been a safe haven during the war in Iran 🇮🇷
“The last 5 years they’ve been using Bitcoin mining as a way to get around sanctions… they hit 6-8% of global mining.”
Confirmed: Yes, the Zorro Trust claimed the $85M Powerball jackpot (lump-sum payout ~$29.3M after taxes) from the July 2, 2008 draw, ticket sold in Altus, OK. It matches the name of Epstein's trust tied to his Zorro Ranch in New Mexico. Recent DOJ Epstein files state "Zorro Trust (belonging to Epstein)" won it. Lottery officials: standard process followed, anonymity legal, no fraud proven.