We’re going to win. image
JP Morgan is referring to bitcoin as "the debasement trade" in reports. For almost 17-years bitcoin has developed a track record of reliability, certainty and resilience. We have reached the point where it has become impossible to ignore. You are not bullish enough. image
Highest risk, highest reward action America could take right now is taking over Alberta.
Bitcoin has many properties. Its influence on your psyche is its most powerful. This applies to both individuals and businesses. The world isn't prepared for an economy built by founders who have had their brains re-wired by bitcoin's incentives. View Article β†’
Keir Starmer just pulled a classic move out of the problem-reaction-solution playbook that despotic governments like to use on populaces they'd like to control. He supported Labour's immigration policy and is now insituting a digital ID to "fix it". View Article β†’
While everyone is focused on bitcoin treasury companies, stablecoins and real world asset tokenization, bitcoiners are building the future tech stack of the distributed banking system on top of bitcoin. Exhibit 256: View Article β†’
The midjourney prompt for the thumbnail I used for my newsletter tonight did not ask for demons in the background with Gavin Newsome. It simply added them itself. Interesting. image
If at first you fail to convince people with good ideas, make it illegal for them to share their own ideas. View Article β†’
The California Senate just passed SB-771 Personal rights: liability: social media platforms, which essentially negates Section 230 and will make social media platforms liable for any "hate speech" published on their platforms. This is not getting much attention, but it would be a terrible precedent to set and would put X, YouTube, Meta, Twitch and other platforms at risk of having to pay millions in fines. The bill stipulates that only platforms with more than $100,000,000 | 890 BTC in revenue per year would be subjected to this law. Interestingly, the California lawmakers are attempting to use the feed algorithms as the loophole to get around Section 230 by claiming that "deploying an algorithm that relays content to users may be considered to be an act of the platform independent from the message of the content relayed." (highlighted in red in the third screenshot) It will be interesting to see how this plays out and whether or not it gets taken to the Supreme Court if and when Gavin Newsome signs it into law, which is the last step. If signed, it will go live on January 1st, 2027. Funny to see the Center for Countering Digital Hate cited in the bill. They threw @TFTC on a list of "new climate deniers" and lobbied YouTube and other platforms to censor our content in 2023. If you exhibit hate speech toward the designated groups laid out in the bill, the State of California could charge and fine the social media platform you publish it on. It looks like California is trying to pressure the platforms to censor their users by threatening them with fines.
Complacency is one of the most dangerous things that could infect an individual, team or institution. Being complacent with bitcoin will prove to be deadly for asset managers and their clients. It's time to act with moral courage and rock the boat. View Article β†’