Wall Street & GOP consensus: "Mamdani's price-controlled grocery store is a socialist trap & destined for disaster."
Also Wall Street & GOP consensus: "Bessent's price-controlled bond market is brilliant."
No matter what you call it, socialism always fails in the end.
@BritishHodl@dotkrueger The retail adoption phase is DONE after this fiasco. A lot of brain power wasted to learn cold storage - all out the window to the casual retail investor.
The driver now will be Institutional adoption or just buying MSTR/STRC - NO cold storage!
Translation: "Mr. President, you have repeatedly demonstrated in recent months that you cannot defend our infrastructure from Iran's missiles. So if you attack Iran again & our infrastructure gets hit in retaliation, we will publicly withdraw all US investments we committed to."
Translation: "Mr. President, you have repeatedly demonstrated in recent months that you cannot defend our infrastructure from Iran's missiles. So if you attack Iran again & our infrastructure gets hit in retaliation, we will publicly withdraw all US investments we committed to."
When I say “Never Sell Your Bitcoin,” I speak as one saver to another. I have never sold mine. Not one satoshi. Strategy is a public company, not my wallet. Since 2020, it has disclosed it may buy or sell $BTC to manage capital. Our shared conviction in Bitcoin remains unchanged.
@Rajatsoni RAJAT-YOU AND THE BOYS-THE MOST IMPORTANT MESSAGE TO BROADCAST RIGHT NOW IS THIS HAS NOTHING TO DO WITH BITCOIN ITSELF OR THE DECENTRALIZED LEDGER-ALL ATTRIBUTES ARE STILL VERY MUCH ALIVE and ARE STRONG. THE MESSAGE: THIS IS LIKE SOMEONE HACKING INTO YOUR BANK ACCT-BTC IS FINE
How groups with direct connections to Israel dictate what’s written in your child’s textbooks.
And why you should never trust a government controlled by Israel with your children.
@CernBasher wouldn't it be great at some point to have a 4+ year cycle of dividends just for STRC debt servicing and get rid of the others! A true streamlined balance sheet.
IMPORTANT UPDATE
WE HAVE CONFIRMATION FUNDS ARE STILL BEING RECOVERED ON NO PASSPHRASE MK3 DEVICES.
THERE IS HOPE FOR RECOVERY IF YOU ACT FAST
MK4S WITH SHORT PASS PHRASES ARE BEING SWEPT
NO ONE IS SAFE ACT NOW
GET YOUR BITCOIN OFF COLD CARDS
My wife left me today. She said it was because I “never stop talking.” I said the yen carry trade is a $20 trillion leveraged bet that the Bank of Japan will never normalize rates and she said “I’m taking the dog.”
Let me explain to you what I was trying to explain to her.
For thirty years Japan ran rates at zero. Zero. Free money. So the entire planet borrowed yen for nothing and bought literally anything with yield. Treasuries, Mexican peso bonds, Nasdaq, your uncle’s crypto. That’s the carry trade. It’s not a strategy. It’s a short volatility position wearing a business casual outfit.
Then in August 2024 the BOJ raised rates 15 basis points. FIFTEEN. And the yen ripped, the Nikkei fell 12% in a day, and the VIX printed 65. That was the tremor. That was the trailer.
She said “you said this last year.” I said YES AND I WAS RIGHT, THE MARKET JUST FORGOT, and she started packing.
Japan’s debt-to-GDP is roughly 250%. The BOJ owns over half the JGB market. They are the market. There’s no price discovery, there’s a guy in Tokyo with a printer and a dream. Every basis point higher on the long end costs them real money on debt they can never actually repay in real terms. So what do you do when you can’t default and you can’t pay? You inflate. You always inflate. It’s the only tool that doesn’t require anyone to vote.
She said “our marriage counselor thinks you have anxiety.” I said your marriage counselor doesn’t know what the 30-year JGB is doing and she said “NOBODY KNOWS WHAT THE 30-YEAR JGB IS DOING, THAT’S THE POINT, PAUL.”
My name isn’t Paul. That’s how far gone we are.
Anyway I’ve got canned goods, a Kagoshima yield curve chart laminated above the bed, and nobody left to explain it to. So it’s you now. Buckle up.
On the @Strategy Q2 Earnings Call, I asked @saylor if he believes Bitcoin is money, an asset, or digital Manhattan. He gave a very nuanced and thorough explanation that I believe covers the complexity of what Bitcoin is. Worth a listen! 🔥