Nic is looking at it from the wrong framework. The SBR, is an admission that we plan to continue to run large deficits in the future, but we would like to devalue that debt away. As a hedge against other nations eventually waking up and revolting against that plan, we are securing Bitcoin as a strategic digital asset at today's market value. Just like we have with petroleum and strategic minerals.

Or use long-dated option spreads on 2x bitcoin ETFs. Please note this approach has serious Tradfi counterparty risk.

If demand for MSTR convertible bonds continues to be super high, can MSTR drive the price to 200k as they continue their speculative attack on fiat currency?

TLDR: 💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰

Let's go Niners 💪.

A driver t-boned a kid on a scooter in a cross walk near my house. The driver was blinded by glare from a dirty windshield. 🥺

Wash your windows stackers 🫡.

Good for him. Now put solar mining bitcoin nodes in space.

@k00b the plebs need merch! When Stacker store?

I heard some arguments that a weak dollar will be good for rebuilding the American middle class.

Wild day on nostr with Fran Finney making her first nostr post.

Oh shit. Minibits has worked for me, though, I don't keep many sats as nuts. I like NWC wallet integration on Minibits.

Anyone think the Cowboys will pull off the upset over the Bengals tonight?

The largest capital sources in the world will adopt bitcoin in this pattern: Store of Value -> Unit of Account -> Medium of Exchange

Many early adopters ran the reverse pattern.

So far the headline is:

COIN BILL OBSESSED SENATOR ATTACHES HERSELF TO THE BITCOIN COMMUNITY BECAUSE SHE LOVES THE WORD COIN.

I can't speak about other nations. But the largest banks (fed members) in the US dictate policy as opposed to having it dictated to them. Banking cuck Elizabeth Warren ran on a platform or reforming big banks, but all she did was pass legislation which led to the capture / destruction of small to medium sized banks.

Redzone mentioned a gambler has a $3M money line bet on Philadelphia today to win $440k. Currently losing 😭

The banks, and by extension, the banking services companies like Revolut don't want us to have freedom. They want us nice and compliant. That is a basic requirement of using their social credit system.

Wow great! How many billions in rebuilding will be funneled from American taxpayers to multinational corporations?

Completely unrelated, but I had Kumamoto oysters 🦪 last night, and they were terrific!

Elf