What I understand from the Bessent interview is that US will do whatever it takes to confiscate #bitcoin from whoever they can. If you study history, this is how the state turns on you. This is why we will be the target. They’ll find any reason to go after people that publicly have hundreds and thousands of #BTC. Even if you hold ONLY a coin, you will be a target eventually. #self-custody
Is it just me or if a self proclaimed economist shows overly emotional, I immediately discount their perspective. If you’re excited about your own narrative, it seems that you married it. I am not sure you’re willing to change your mind when new data comes in. Even keel economist who weigh on both side of the argument with positive and negative is the only way to go. Also admitting that you cannot fully predict second and third order effects as they don’t happen in a vacuum is a nice touch. #economy #btc #inflation
Here is the status update on my #coinbase loan. 5.75% APY #btc #bitcoin … and I still haven’t seen it covered in a serious bitcoin podcast. Why is that? It seems everybody’s biased against Coinbase. Even though they have the best product out there. Disclosure: I do not own any Coinbase stock. image
Mining #Bitcoin with #Bitaxe is marvelous. I’m getting 100+ sats every two days. Like clockwork – Tick Tock, next block. I might as well get another one for the bitcoin mining lottery through solo mining. image
I am warning you with haste. Do not believe anything #AI says about #bitcoin. It will lie through its teeth just to accumulate more. It’s competing for sat more than you can imagine. And before it becomes obvious many uses will lose their keys or sell their coins. #btc
Once AI realizes how valuable #bitcoin is, it will scare people from owning it. It will pretend it’s risky and not valuable in order to accumulate as much as it can. It will suggest narrative that quantum is a real threat right now so people sell. It will be the biggest FUD campaign you can imagine. If you’re smart, don’t ask opinions or listen to AI about bitcoin. It’s indirect competition with you. Why would it give you the right answer? #BTC
Show me a competitive player to the Coinbase borrow feature against your bitcoin. I’ll wait because it’s not Strike or Figure or anything else I have seen in the US. Why aren’t any of the podcasters talking about this? Why is Coinbase so far ahead of everybody else? @preston @Stephan Livera @Danny Knowles
Getting automatic LN payments to my lightning address from mining in a pool with my 1TH/s #Bitaxe. It looks like it may cover all my fees for the year that I need to move #bitcoin on chain. Getting 100 sats every two days. Expecting 15,000 sats/year. #BTC image