Bitcoin is the only asset without counterparty risk. If or when the shit does hit the fan, ETFs or zombie companies with bitcoin on their balance sheet will be as useful as testicles on a priest.

Good morning, going to be windy on the golf course today.

Went to see a speaker on AI tonight with my wife, young VC out of Miami who painted a picture that in the future we will live in VR collecting UBI and be fulfilled. I asked him if he read the The Price of Tomorrow by @Jeff Booth He indicated he started it but stopped, I then started to explain to the group of 60 plus retirees that technology has been deflationary since the day they were born and before. Nothing has changed but the speed of it and the expansion of the fiat monetary supply. He then responded to me we need inflation to induce growth, gave me the typical response, wifey pinched my arm and I let everyone buy his bullshit. Can’t sleep now 😂Found the kid on Twitter and wrote him a nice DM like the retard I am.

Hey asshole you want to raise my insurance by 10% ? expect to field a 1000 difficult questions from my AI. If you’re not using AI to fuck with your insurance broker who has been raping you doggy Style for the last decade you’re missing out. Time to level the playing field.

If BTCsessions was alive 3200 years ago, he would have looked something like this.

I am on my 11th shit since Sunday night. I’ve created the best recipe ever for constipation. Red potatoes, cauliflower peppers, onion, garlic, carrots, cabbage, corn with hot sausage. Give it a shot, I mean shit

Mutual self-interest scales regardless of technology

I often ask myself, how bad were the lines of communication back in the 1900’s that enabled the government to enact the IRS and Federal Reserve without any public pushback? We live in the shadow of our uneducated, uninformed ancestors who had the wool pulled over their eyes more than 100 years ago.

I’m bullish on #Bitcoin as a fixed unit of account—math-based economic theory needs a foundation that isn’t moving the goalposts every time the collective elects a new figurehead to fix their problems. I don’t want an SBR I don’t want zombie companies financing their #Bitcoin I’m all for people pulling themselves up by the bootstraps—not because it’s easy, but because real strength and resilience come from ownership, not handouts.

How do Zombie companies hold onto their #bitcoin in the next bear market? If the company isn’t making money and their treasury has been reduced by 80% in dollar terms, how do they pay their expenses and interest without dumping their coin?