#Bitcoin requires work, which rewards you with serenity.
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Interesting, but suspect this allocation does not reflect Buffett's decision, but rather the bonds were bought by insurance subsidiaries whose investments are likely not directly managed by Buffett (ie, some CIO has guidelines within which they have autonomy).
Such an important observation. We are pumping, ATH after ATH, and the US ETFs are dormant.
When the ETF providers tokenize the ETF, you know we have reached peak 🤡🌎
Nostr = freaks exploring the "edges" of trend and reality. The edge is the tip of the spear. It is where change happens. It is the New Frontier. It is where outsized return occurs -- financially, intellectually, spiritually. I am humbled to be here, thankful for all of your gifts of thought, benefitting from all of your participation, while doing my best to pay it forward.
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The latest interview with Brunell is interesting. Saylor said that, in 2020, he saw Microsteategy dying. Stock price was in the tank. Options and equity grants weren't keeping employees. Powell was signaling their cash hoard was worthless, and Wall Street agreed. So, it is easy to be "courageous" when you are staring into the abyss.
Doesnt the US owning bitcoin incentivize inflation, hurting its citizens? Thinking about the game theory, if the US wants to own bitcoin, it will want it's price to go up. What better way to pump the price than debase the USD, by issuing more and more debt?
Seems like the solution is more than just establishing a bitcoin strategic reserve. The problem is government spending.
Typical, anti-freedom liberal mindset. Reality: everyone is going to buy what they want, there isn't a thing they can do about it, and they have already wasted too much time and energy on a false illusion of ultimate control.
If you listen to the full 6 min interview on Yahoo Finance, think what you want of Pomp, but he crushes it. An unapologetic call to arms, with fiat based investment strategy described as a national (global) Crises. Holy fuck. This level of public, MSM debate wasn't on my bingo card a few years ago. LFG.
"So, don't worry about this. You don't have to accept it all at once; I'm not sure that anyone can. Just take what you can, then come back for more later. It's just as well to let ideas like these sink in and build slowly. When you plant seeds, they shouldn't spring up immediately...they take root first, and break the surface only when the roots are ready." - A Lodging of Wayfaring Men
Taleb's ego is too big, and he is too argumentative. He doesnt listen. So you get a smart guy, with an over inflated sense of self importance = blind spots. nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnszynhwden5te0wahhgtn4w3ux7tn0dejszxthwden5te0wdjkuerfwshxummnvekxzun99e3k7mgrcp7e2 is right: You can't stack sats, unless you first stay humble!
Buy Bitcoin, and take back your sovereignty
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Well, if you want to know...sitting outside, blazing sunset painting the sky, a testy and swirling winter breeze fighting its last losing battle against the warmth of Summer's last breath. Led Zeppelin 's Battle of Evermore sings to the trees, and mixes with the distant smell of a campfire, and the youthful laugh of a distant child, binding us all in a tapestry of beauty and truth. The sun says goodnight, crashing into the distant mountains, leaving nothing but a blood orange vaporous haze.
Agree! And it is particularly beautiful when you think of all the people, around the globe, in places like Lugano as we speak. using and supporting freedom tech, for the benefit of us all. Thanks for all you do.
Has anyone else noticed that, when normies talk about inflation on MSM, #bitcoin is casually mentioned alongside gold and commodities as the solution?
We have changed the world, and we are just getting started.
Be your own bank.
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Take care of yourself. 🫂
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Visiting last week with someone who attends WEF. Behind closed doors, a surprisingly Austrian view was shared about the current economy. Couldn't help myself, and asked if they had bitcoin. Answer, "I wish that I had bitcoin."
Notes by Toby McMann | export