SugarShaneSats

#Bitcoin - An Asset Unlike Any Other - 🐐$

[SugarShaneSats @sugarshanesats]

@mferry32 @PackerTrent

[Swan @Swan]

Bitcoin ETFs charge fees, GBTC, for example, charges a 1.50% annual management fee. RBX helps eligible clients move exposure into real, on-chain Bitcoin, with no annual fee if you take full self-custody.
Get the details.

[James Lavish @jameslavish]

Good morning.

If the Fed *raises* rates then gov't interest expense rises, causing larger deficits and the US Treasury needing to issue more debt, causing long term rates to go *higher*. If the Fed *lowers* rates, then fears of persistent inflation cause bond investors to demand more premium for lending money, and this also causes long-term rates to go *higher*.

In short, good luck Kevin. Good luck Scott.

And have a great day.

[Luke Gromen @LukeGromen]

This could prove 100% accurate if he swaps ALL the Federal debt for T-Bills, then uses those T-Bills to back 0% yielding stablecoins, then cuts the rate on those T-Bills to 0.60% (b/c the banks don't deserve 3.5% on stablecoins).

You're gonna want to own more gold & BTC though.

[Cory Klippsten 🦢 Swan.com @CorySwan]

THE SOVEREIGN REVOLUTION

I believe Bitcoin is the beginning of the Sixth Technological Revolution in the framework of @pmarca's favorite economist, @CarlotaPrzPerez.

Tell me why I'm wrong!

[Cory Klippsten 🦢 Swan.com @CorySwan]

BITCOIN BREAKS OUT!!

What happened, and what's next 🚀😎

[The Kobeissi Letter @KobeissiLetter]

What stops this train?

The US government is now spending $3.8 billion on interest PER DAY.

By 2028, estimates show that the US will spend ~$5 billion per day on interest, more than any other category.

To put this into perspective, the US now spends $3.1 billion per day on Medicare and $2.5 billion per day on defense.

When the cost of your debt becomes your biggest outlay, you know something is broken.

Intervention by the US Treasury is only a short-term "solution."

[The Wolf Of All Streets @scottmelker]

The case for Bitcoin.

Send this to anyone who asks why Bitcoin matters.

[SugarShaneSats @sugarshanesats]

@mferry32

[Senator Rand Paul @SenRandPaul]

At Fort Knox, we've come to see the gold!

Our country has about a hundred and forty-seven million ounces of gold, and about half of it is stored here at Fort Knox.

We're gonna be going deep underground to see the gold, but more importantly, we're gonna be talking today about what happened to our dollar when we separated from gold in 1971.

I'm going underground, and I'll let you know what I see in a little bit.

[Cory Klippsten 🦢 Swan.com @CorySwan]

Every Bitcoin company should communicate to their clients today. You never know who you'll save.

"I don't have a Coldcard so when I saw the news on X earlier this week I didn't think twice about it. Then I saw the email from Swan this morning and still didn't think about it so much....Then my father sends me a whatsapp "I just saw the email from Swan, I have a coldcard!!"

He checked and the Bitcoin was still there, he immediately sent it to another wallet. Could be if it wasn't for your email he wouldn't have noticed (doesn't spend so much time on X...)"

[Cory Klippsten 🦢 Swan.com @CorySwan]

This is unreal. I'm really sad for people. My DMs are full of heartbreak, and not one is from a Swan client. If I can help, I will. If Swan can help, we will.

The industry and the community will get stronger because of this. Eyes on the prize: Monetary Independence.

[Jeff Swanson @theswansjr]

August 15, 1971. Sunday night.
Nixon interrupts a rerun of Bonanza to tell you the dollar is no longer a claim check on anything.

He called it temporary.
It's been 54 years.
And every year the dollar buys less.

Bitcoin fixes this.

[National Debt Tweets @NationalDebt]

$39,713,964,053,447.11 (+) #NationalDebt

[Swan @Swan]

https://t.co/ADuxBoNkUY

[SugarShaneSats @sugarshanesats]

@CorySwan “The bull market gets the glory, but the bear market does much of the work”

[Cory Klippsten 🦢 Swan.com @CorySwan]

https://t.co/FF6IPXvOBw

[Dom Bei @Beiwatch]

WATCH this trailer for Pension Fight Club, and you can clearly see why pensions have been slow to adopt a transparent and unconfiscatible asset like bitcoin...

After an 18 year bull market, pensions are just now returning to healthy funding levels...while everyone else got rich

Study #Bitcoin

[Dom Bei @Beiwatch]

States are at a crossroads with Bitcoin.

For one route, Bitcoin can provide state sovereignty through a state run vault.

On the other, a handshake deal with Wall Street to ensure exposure to Bitcoin's price gains

This is highlighted by a robust custodial language in Tennessee's Strategic Reserve Bill...

The Bill Language...

Tennessee's Strategic Reserve bill (SB 2639/HB 1695) highlights the massive battle for custody happening right now. The text authorizes building a secure state vault, but includes a massive loophole: Section 9-4-1604(c) explicitly allows the state to just hold its 10% allocation "in the form of an exchange-traded product." 

If states take the easy route and just buy $IBIT, they surrender sovereign OPSEC directly back to Wall Street.

"Not your keys" applies to state governments, too. 🏛️💼 #Bitcoin #StrategicReserve

[SugarShaneSats @sugarshanesats]

@StackandRun Heard this guys does. 👀 💨