Once you get used to storing your wealth in Bitcoin it gets really hard to buy assets that you don't have full control over. Throw in unpredictable supply, limited portability, operational risk, and counter-party risk and very few assets look as appealing as they once did.

Of all the places to store the hard won fruits of your labor... Imagine trusting a scarf-wearing convict and putting it in sovereign debt backed by a hodgepodge of aging + bankrupt countries.

Some popular traders on Twitter that have been bearish since 15K are starting to sound desperate for the orange coin not to bust through 25K 😂 Feels good to stack and chill.

China is spreading utterly false propaganda saying that the US creates $100 for only 17 cents, which is unfair because it buys $100 worth of real goods from the rest of the world. Fact Check: Dollars cost 0 cents to create since they're digital now.

USD hegemony is a matter of life and death. Reserve currency status lets the US run multi-Trillion dollar annual deficits while being >$30 Trillion in debt. And deficit spending funds real-world military growth. Global seignorage provides a huge military advantage vs. enemies.

🇨🇭🐄 Switzerland will vote to make cash transactions a constitutional right. A consequential vote as global central banks test out CBDCs.

The whole point of nostr is that it can't be stopped simply by taking an app off the app store. If the CCP or Charlie Munger want it banned you're probably doing something right.

Dalio is all over the place with his Bitcoin takes today on CNBC: “It has no relation to anything” “It’s a tiny thing, it gets disproportionate attention” “It’s not going to be an effective money, storehold of wealth, or medium of exchange” "But we’re in a world where we’re printing too much. " "In that world the question is what is money and how does it operate?" ... yes "I don’t think that the stable coins are good because then you’re getting a fiat currency again." "The digital Renminbi will begin to become more of a thing." "If Saudi buys things in RMB, they’re going to hold more things in RMB." So... Digital RMB? Sounds pretty darn fiat to me.