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0 sats \ 0 replies \ @Enemy_of_the_state 16h \ on: MSTR wants to be the largest shareholder in the 3rd Bank of the US (BOUSA3) bitcoin
By the time it plays out to the point of bitcoin being obvious to all, including the government, there will be no nationalization, no seizure of Strategy assets. Why?
The government will be far too weak. When the jig is up and money-printer doesn’t work, Strategy will be running the government already, just like the big banks do today. Just like JP Morgan Chase picked Obama’s entire cabinet, president American Hodl’s cabinet will be picked by Strategy.
The current banking system is not going to catch strategy with stablecoins, and even if they buy bitcoin with 100x fake fiat leverage, that only makes Startegy stronger and they will continue to dominate.
Strategy’s long term debt offerings will replace govt bonds as the new “risk free rate”.
spending sats directly is kind of a novelty and does not make sense financially. credit cards are the most efficient since you get a rolling 0% interest loan on the average balance, if you routinely carry a $10k balance or more, and only pay it off at the end of the month, you are arbitraging $5-10k a year - on a total credit card spend of $120k/yr
$10k is enough for a nice vacation most places, or buying more btc
strike is mainly my automatic bill pay - money is btc for 29 days of the month, then the bare minimum is auto converted to cuck bux for credit card bills and home loan
My kids are going to live wherever they want, be who they want to be, and help whom they CHOOSE to help. I’ll take my grandkids deer hunting, paint their faces with the blood of their first kill, and tell them stories about my father and grandfather.
Your cats will be long gone, and you will be lonely for 40 more years, then forgotten.
You asked, I answered, and you respond with an emotional attack on me. Was there a particular point I made that triggered such a response?
Trump vs Kamala: the choice was clear.
Kamala presidency would have been great for acceleration (and memes) but had downsides:
Kamala presidency would have been great for acceleration (and memes) but had downsides:
-Expensive ammo
-open borders
-more federal judges that won’t prosecute violent criminals and Soros agitators
-more long term consequences: continued climate hysteria, EPA mandates that create even less reliable vehicles, and European style energy prices
No one with a brain thought Trump was a savior, or particularly intellectual. I wasn’t even going to vote until he survived the assassination attempt(s). That and the FBI (Russia hoax AND Biden Laptop - thank god that tech made a backup), IRS, and then every screeching talking head on the legacy media. Not to mention the impeachment and lawfare circus.
I didn’t want the status quo and a slow decline - I wanted chaos.
Trump is a psychopath and scam artist - that is the only type of person who is even interested in government.
No one who’s on a bitcoin standard is cheering the genius act or any other fake law…if you aren’t just laughing and enjoying the show, you didn’t stack hard enough.
Come for my bitcoin? Molon labe…I have a plan for that day, too.
This sounds like low T could be an issue. Carnivore, weights (will raise T) fasting, discipline (for mental toughness)
Don’t look like a target and you won’t be one - be the hunter - sometimes the best move is not negotiation or escape, but to attack. Speed and violence of action.
Get trained. If it’s knives and fists you need to worry about, get trained on how to counter them. Just like bitcoin, you have to humble yourself before it’s useful.
Don’t think with your emotions: keep the “monkey-brain” in its cage no matter what is happening.
Do things that are uncomfortable that will shock your system, and keep functioning. Can you still think clearly after being punched in the face? Have you EVER BEEN punched in the face?
Things that every man should consider.
Most countries you have to KYC to have a bank account. Strike is tied to a bank to enable fiat conversions and bill pay. Best way for privacy is to create a company or LLC, and have accounts in the business name instead of your own. (Not sure if Strike offers biz accounts though, just banking in general)
Obviously if you can get paid directly in bitcoin and not pay taxes, that is the best situation, but most people are working for fiat. Don’t let perfect be the enemy of good.
Yes…I used to keep enough in fiat to pay bills, but now I don’t keep any fiat, and get an extra 30 days of bitcoin appreciation before converting.
100% direct deposit to bitcoin on strike, as much low interest debt as possible (mortgage + heloc,) negative bank balance with overdraft protection. Pay all bills possible with credit cards for free 30 day loan, then pay those bills with automatic bill pay from bitcoin strike balance.
In a nutshell, the largest fiat debt that makes sense and 100% bitcoin.
I just have overdraft on mine and try to get as near 0 as possible, and sometimes $2k+ in the negative. No need to worry about fiat balances anymore.
Aviation accidents happen all the time, people are just paying more attention since a commercial airliner went down, which is rare (in the USA, anyhow).
Many airmen have lost friends in mishaps. I have. Even though airline travel is incredibly safe, that is only a fraction of the world of aviation. To get to the nice pay and safe environment of flying airliners, you have to pay your dues doing more dangerous flying. Air ambulance, flight training, military, night cargo...many of these are single-pilot operations, with no one to catch your mistakes. Sometimes its your mistake as the pilot, it could be maintenance, or ATC, or an act of God. There might be something you can do, and sometimes it works.
You are just one man in a machine with far less redundancy than a modern airliner, with less support, at lower altitudes, in the weather, often at night, and many times in non-radar/no-ATC environments. You need a little luck to survive enough mistakes to learn from them and not repeat them.
Those of us that do it, love it.
People adopt bitcoin when they need it, not before. Bitcoin is a hard sell now because things are only slowly breaking down. Yes, people will be left behind but thats just whats going to happen - they can trade labor for sats.
Usually metal or metal encased concrete pillars that can be raised and lowered to allow pedestrian traffic, but not peaceful truck drivers. You see them a lot around government buildings for some reason.