Saylor announced a $42 billion purchase plan over the next 3 yea-
Doesn’t matter.
100 pushups a day until $0.1M
Hard body, hardest money ever. #bitcoin
Gm nostr fam ☕️ ☀️
As Bitcoin is nearing all time highs, remember that it’s just as important to manage your bullish euphoria as it was to manage your bearish doomerism. Emotion is the enemy of rational thought.
Don’t overthink it.
“Shareholders request that the Board conduct an assessment to determine if diversifying the Company's balance sheet by including Bitcoin is in the best long-term interests of shareholders.”
Gm nostr fam ☕️ ☀️
If you set up an automated daily DCA in #Bitcoin and never checked the charts, never studied macro, never tried to time the market, you’d be up:
25% YoY (compared to 12% for $SPY)
104% over two years (compared to 23% for $SPY)
109% over three years (23.21 for $SPY)
106% over four years ($23.06% for $SPY)
218% over five years (28.97% for $SPY) . . .
Don’t over think it.
Gm nostr fam ☕️ ☀️
This OG Bitcoiner / Saylor feud is a petty distraction. We’re all on the same team, just stay focused and keep stacking.
Don’t overthink it.
Gm nostr fam ☕️ ☀️
Intentionally accepting bitcoin, a new, magical, volatile internet money as *your* money is such a wild concept.
Y’all are a bunch of crazy psychopaths and I love you. We’re going to win.
I was sad that my college football team got rekt.
Then I disappeared into the mountains for a few hours and enjoyed the autumn weather and colors.
Sad feelings disappeared.
Don’t overthink it.
To the Colorado bitcoiners in my social network:
Bitcoiner ski trip this season? Let me know! Let’s shred some powder and talk about building a brighter future!
Gm nostr fam ☕️ ☀️
Dec. 2023, FASB unanimously voted to give bitcoin fair value accounting treatment as opposed to indefinite, intangible accounting treatment. This officially goes into effect Jan. 2025.
Implications: MicroStrategy will be allowed to accurately report their earnings *and* marked to market Bitcoin holdings, both of which will “suddenly” reveal to Wall St. that MSTR is a $40B company generating $10B on profit per annum.
If you look at how most tech companies are valued, they’re valued at 20-30x earnings (P/E ratio).
That would imply a $200-$300B valuation for MicroStrategy at current performance and BTC price. With MSTR currently valued at $40B, this is a 5-7.5x increase in value.
Further, by Nov 29 it’s looking like they’ll be included into $QQQ (NASDAQ 100 ETF) and it’s almost certain they’ll be included into $SPY (S&P500 ETF) in 2025, meaning they’ll receive billions of dollars passively as a result of their inclusion to the two most popular ETFs.
Don’t overthink it.
Gm nostr fam ☕️ ☀️
It is truly hard to fathom the paradigm shift that is occurring. Traditional finance wisdom that’s worked for the previous 60-year paradigm is no longer sound.
Berkshire Hathaway, led by Warren Buffett, has more T-Bills than the Federal Reserve, but Treasury yields are increasingly adequate.
This current paradigm is all about hard money, and Bitcoin is the hardest money ever.
Don’t overthink it.
With all of that said, the dollar system is probably the strongest, most entrenched network in the history of humanity; it could have another 100 years. Let’s not underestimate its global dominance, liquidity, and influence.
Gm nostr fam ☕️ ☀️
Bitcoin is the most powerful asset on earth, and most people don’t know the first thing about it. Go outside, get some fresh air, touch some grass, maybe even watch some college football. We’re going to win; just don’t overthink it.
Gm nostr fam ☕️ ☀️
If you have substantial exposure to Bitcoin, these next two years will test you unlike any other. There will be days and weeks where your net worth will wildly fluctuate, and those fluctuations may shake your confidence.
Get away from the screen, go get some sunlight, and touch some grass.
Don’t overthink it.
Keep in mind that CPI is still declining, September’s print came in just 10bps higher than expectations.
Monetary authorities will probably read this as validation that they’ve done a good job, that CPI is returning to the 2% target, and that further rate cuts are warranted.
In short, bullish.
https://m.primal.net/LRId.jpg
Gm nostr fam ☕️ ☀️
CPI is a synthetic, manipulated pseudo-metric that almost has no relation to reality.
I know it, you know it, almost everyone knows it.
Yet 10bps in either direction will result in market euphoria or panic.
Peak clown world.
Buy bitcoin; don’t overthink it.
Gm nostr fam ☕️ ☀️
I sent my graduate finance professor @LynAlden's recent article, “A New Look at Corporate Treasury Strategy”.
He disregarded her conclusion because Bitcoin is too volatile.
Sure, it may work in practice, but does it work *in theory?*
Don’t overthink it.
https://www.lynalden.com/a-new-look-at-corporate-treasury-strategy/
Bitcoin Twitter is turning into MicroStrategy Twitter likely because of MSTR’s recent outperformance.
MSTR is a leveraged Bitcoin position, but don’t mistake it for the real thing.
Don’t get too wrapped up in chasing fiat that you lose focus; we’re creating a Bitcoin world. The goal is more Bitcoin, not more dollars.
Don’t overthink it.
Gm nostr fam ☕️ ☀️
Only after studying the fiat monetary system in depth do you truly recognize how beautiful, simple, effective, fair, and unstoppable #bitcoin is. We’re going to win.
Don’t overthink it.
Gm nostr fam ☕️ ☀️
I start my new job tomorrow as a principal data scientist! In the meantime, today is for relaxing, enjoying family, climbing mountains, and sun maxxing.
Have a great Sunday y’all. Don’t overthink it. #bitcoin
Gm nostr fam ☕️ ☀️
“Darkness cannot drive out darkness, only light can do that. Hate cannot drive out hate, only love can do that.” - MLK Jr.
Fiat cannot drive out fiat, only Bitcoin can do that.
Opt out; don’t overthink it
Masculinity has largely been villainized and discouraged for the better part of the last decade; that said, I think we’re about to see a resurgence. Lord knows we need it.
Gm nostr fam ☕️ ☀️
Any sufficiently deep conversation about technology ends with energy; any sufficiently deep conversation on energy ends with technology.
Bitcoin is the intersection of energy, technology, and hard money; don’t overthink it!
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