*The builders here aren’t chasing capital, they’re architecting autonomy* View quoted note β†’
*why lavish meticulous care on our possessions while treating our bodies with casual indifference?* View quoted note β†’
*So, the answer to get >1 mNav is to develop a cult following and a reputation as the country's best investor. Got it!*
Stacker News
Buffett's Lesson to the Bitcoin Treasury Companies (WSJ, Krystal Hur) \ stacker news ~econ
Here's a company that sustainably manages to trade above its book value, in dire contrast to the upstart fad bitcoin treasury companies where their...
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β€œIn nuclear war, all men are cremated equal.” – Dexter Gordon Quoted by Doomberg
*despite the ongoing war in Ukraine and endless sanctions against Russia, Rosatom remains the largest foreign supplier of enriched uranium to the US, providing roughly a fifth of the fuel used to keep America’s fleet of nuclear reactors running* Doomberg
*the quality of our consciousness is like a reflection back at us that determines the real value of our lives* View quoted note β†’
*Bitcoin's base case: Managed cyclicality, net up over multi-year windows, less upside convexity than "maximalists" hope, more containment than cypherpunks want. So Bitcoin is the sanctioned pressure valve. That design likely lets many holders win in fiat terms while the system keeps Medium-of-Exchange at scale off the table and diverts attention from privacy rails. It's not emancipation; it's containment with upside.* View quoted note β†’
*Datacarrier "policy" liberalization (OP_RETURN & standardness) - Higher legal and operational risk for full nodes (content relay/storage), more mempool congestion; sovereign hobbyist nodes face higher cost/ liability calculus* View quoted note β†’
*Why the development process is the preferred perimeter to attack: - Cheaper than legislation: Defaults and "safety" framing do the enforcement work. - Plausible deniability: "We're just improving performance". - Asymmetric impact: hits sovereign users hardest; institutional wrappers unaffected.* View quoted note β†’