Nostr notes by BtcMindShifts

Most did not see how the release of ChatGPT foretold the ...

2026-06-11T21:24:27+02:00

Most did not see how the release of ChatGPT foretold the exponential increase in demand for semiconductors and memory chips. Even fewer understand how quickly AI Agents are multiplying according to the square of Metcalfe’s Law and their need for decentralized units of value/money. Got $BTC or $MSTR?

Another genius who thinks he is expert on everything and so ...

2026-04-16T01:27:24+02:00

Another genius who thinks he is expert on everything and so opines on everything. Counter to Alex Wissner-Gross’s recent dismissal of BTC on the Moonshots podcast;

The argument for "inverse hash" vulnerabilities is generally seen as a reach. Reversing SHA-256 isn't just a Bitcoin problem; it would collapse all global encryption, from banking to military comms. If AI could "solve" hashes, the internet breaks before the ledger does.

As for AI inventing a "better" currency, this ignores the need for a neutral, physical-world anchor. While AI might optimize how value moves, Bitcoin remains the only permissionless, energy-backed "hard" asset that autonomous agents can actually own without a bank account. High-tech "genius" often misses the simple necessity of decentralization and immutable scarcity.

Trump related rot permeates 54,000 positions in the USA ...

2026-04-03T22:12:02+02:00

Trump related rot permeates 54,000 positions in the USA government.

To understand the hierarchy of Trump-appointed positions, one must distinguish between the Competitive Service (merit-based) and the Excepted Service (appointment-based). In the second Trump administration (2025–2029), this structure has been significantly expanded through the reinstatement of Schedule Policy/Career (formerly known as Schedule F).
The following list outlines the "sequential hierarchical flow" of appointments, from the President down to the subordinate policy roles.
1. Level I: The President
At the top of the hierarchy, the President directly appoints the senior-most leaders of the executive branch.
• Cabinet Members (PAS): 15 Department Secretaries (e.g., State, Defense, Treasury) and Cabinet-rank officials (e.g., CIA Director, EPA Administrator). These require Senate confirmation.
• White House Senior Staff (PA): The Chief of Staff, National Security Advisor, and Press Secretary. These are direct appointments that do not require Senate confirmation.
2. Level II: The Sub-Cabinet (PAS)
These positions are confirmed by the Senate but often recommended or managed by the Cabinet Secretary they serve.
• Deputy Secretaries: The "number two" in each department.
• Under Secretaries: Manage large sectors of a department (e.g., Under Secretary for Nuclear Security).
• Assistant Secretaries: Oversee specific bureaus or policy areas (e.g., Assistant Secretary of State for East Asian and Pacific Affairs).
3. Level III: Senior Support & Administrative Appointments
Below the sub-cabinet are senior roles that handle day-to-day operations and specialized legal/administrative tasks.
• General Counsels (PAS): The chief legal officers for each agency.
• Inspectors General (PAS): Though intended to be non-partisan, the President appoints these for 37 major agencies.
• Ambassadors and U.S. Attorneys (PAS): Appointed to represent the administration in foreign nations and judicial districts.
• Senior Staff Aides (PA): Deputy Assistant Secretaries and Special Assistants within the White House who support senior advisors.
4. Level IV: The Executive Tier (SES)
The Senior Executive Service (SES) is the bridge between political appointees and the career civil service.
• Non-career SES: Up to 10% of all SES positions can be political appointees. These individuals serve at the pleasure of the agency head (PAS) and do not need Senate confirmation. They occupy high-level management roles just below the Assistant Secretary level.
5. Level V: Confidential & Policy Support (Schedule C)
Schedule C positions are specifically designed to be "confidential or policy-determining."
• Special Assistants and Aides: These are the junior-to-mid-level political appointments. They are often appointed by the PAS or SES official they directly support. They do not go through a competitive process and are "at-will" employees.
6. Level VI: The Reclassified Layer (Schedule Policy/Career)
As of January 20, 2025, President Trump reinstated the policy (formerly Schedule F) that reclassifies a broad swath of the federal workforce.
• Schedule Policy/Career: This category targets career employees in "policymaking, policy-determining, or policy-advocating" roles.
• The Flow: Agency heads (PAS) are directed to identify career positions that influence policy and move them into this "excepted" category. Once reclassified, these employees lose civil service protections and effectively become at-will appointees of the current administration. Estimates suggest this could affect up to 50,000 positions.

Notable 2025 High-Level Appointments
As of 2026, many of the top-level PAS positions have been confirmed or are serving in an acting capacity:
• Secretary of State: Marco Rubio
• Secretary of Defense: Pete Hegseth
• Attorney General: Pam Bondi
• Secretary of the Treasury: Scott Bessent
• Director of OMB: Russell Vought
• Director of National Intelligence: Tulsi Gabbard
• CIA Director: John Ratcliffe
The Competitive Process: Positions not listed above are generally filled via the Competitive Service. This requires a formal job announcement (usually on USAJOBS), a ranking of candidates based on objective qualifications, and strict "due process" protections that prevent firing for political reasons—a boundary that the new Schedule Policy/Career specifically seeks to diminish for policy-influencing roles.

A financial comparison between the current 2026 conflict and the ...

2026-03-20T05:38:07+01:00

A financial comparison between the current 2026 conflict and the 2015 Joint Comprehensive Plan of Action (JCPOA) highlights a massive disparity between the costs of diplomacy and the costs of active warfare.

The $1.7 billion settlement that was a major point of contention during the Trump administration's termination of the 2015 JCPOA negotiated by the Obama administration, is now roughly equivalent to just 28 hours of current combat operations in 2026. If the $200 billion funding request is approved, the direct military cost of this conflict will be four times larger than the most generous estimates of the liquid assets Iran gained access to under the nuclear deal.

From FB account: The Other 98% French General Michel Yakovleff ...

2026-03-18T05:06:02+01:00

From FB account: The Other 98%

French General Michel Yakovleff just compared joining Trump's Iran war to "buying cheap tickets for the Titanic" after it already hit the iceberg. And then it got even worse for Trump.

Yakovleff is no random talking head. He's a three-star general, former commander of the legendary French Foreign Legion, and held senior positions within NATO itself. He is one of the most respected military voices in France and regularly weighs in on matters of international security.

So when he was asked about Trump's desperate pleas for Europe to join his Iran catastrophe, his answer carried serious weight.

He didn't mince words. He laid out five distinct reasons why every European nation should flatly refuse. And each one is more damaging than the last.

First, Trump doesn't understand how NATO actually works. You don't get to launch your own unilateral bombing campaign and then invite allies to run a separate operation underneath you. That's not how alliances function.

If Trump wants NATO involved, NATO takes command. One operation, one flag, one chain of command. "I don't think he understood that," Yakovleff said. That alone is a devastating indictment of a man who claims to be the greatest dealmaker on earth
.
Second, nobody knows what the actual strategic goals are. Beyond forcing open the Strait of Hormuz, what is the endgame? Regime change? Containment? A negotiated settlement? Trump hasn't said. He apparently can't say, because he doesn't know himself.

Third, and this one is particularly brutal, you can't coordinate a multinational military campaign through tweets that change every two minutes. If allied nations are going to put their soldiers in harm's way, they need explicit, written objectives from the United States. As Yakovleff put it, "It's going to be necessary for Trump himself to know what he wants." The quiet contempt in that sentence could strip paint off a wall.

Fourth, there is the fundamental issue of trust. Trump has abandoned allies before and everyone knows he would do it again without hesitation the moment it became politically useful. The Kurds know it. The Afghans know it. Europe knows it. "He would let us down whenever it suited him," the general said. Why would any nation put troops on the line for a leader with that track record?

And fifth, the knockout punch. Yakovleff cited a principle he said he learned at the U.S. Army War College: "You don't reinforce failure. You move on. You find something else." A decorated French general is using American military doctrine, taught in American war colleges, to explain to the world why following this American president into battle would be strategic malpractice.

The global response has been just as damning. Japan said no. Australia said no. The United Kingdom said no. The European Union said no. Meanwhile, Iranian missiles and drones have made the Strait of Hormuz so dangerous that insurance companies won't cover oil tankers passing through it.

Twenty percent of the world's petroleum normally flows through that strait. Oil prices are skyrocketing and consumers everywhere are feeling it.

Trump started this. He escalated it. He isolated America from its allies in the process.

Forwarded from a different author. Jimmy Kimmel made a joke about ...

2026-03-17T06:04:41+01:00

Forwarded from a different author.

Jimmy Kimmel made a joke about Melania trying on shoes at the Oscars. The White House communications director responded by attacking his family from a government account. These people are running a war and they can't even take a shoe joke.

Kimmel took the stage last night to present the documentary awards and immediately went for the jugular. Praising filmmakers who risk their lives to tell important stories, he paused and added: "There are also documentaries where you walk around the White House trying on shoes."

The crowd roared. Then he twisted the knife while opening the Best Documentary envelope: "Oh man, is he going to be mad his wife wasn't nominated for this."
He also got in a devastating shot at the state of free speech in America. "There are some countries whose leaders don't support free speech. I'm not at liberty to say which. Let's just leave it at North Korea and CBS."

That CBS line was a direct reference to the network's decision to pull guests critical of Trump from Stephen Colbert's show after FCC threats. CBS has skewed increasingly pro-Trump since being taken over by David Ellison's Skydance, which quickly installed Bari Weiss as editor-in-chief.

Within hours, White House Communications Director Steven Cheung posted a rant calling Kimmel "a classless hack who is self-projecting his depression and sadness onto others." He added that Kimmel "lives a pathetic existence where nobody, not even his family, enjoys his miserable company."

That's the official White House communications director. Posting that. From his government account. About a comedian who made a shoe joke.

As one person on X put it: "Incredible that someone who allegedly speaks for the most powerful man in the world spent their afternoon writing a Yelp review about Jimmy Kimmel's home life."

This is a president who spent the same day calling for treason charges against journalists, threatening broadcast licenses, and sending 5,000 Marines to the Middle East. But a few jokes about a vanity documentary that bombed so badly it fell well short of its reported $75 million budget? That's what broke them.

The tell is always in the reaction. When the White House deploys its communications director to personally attack a late-night host for making fun of a shoe documentary, it's not because the jokes were unfair. It's because they landed.

Know the future: Among major world religions, Islam most ...

2026-03-10T15:12:50+01:00

Know the future:

Among major world religions, **Islam** most readily facilitates a woman (regardless of prior faith) in building a large family. Global demographic data, including Pew Research reports, consistently show Muslims have the highest average fertility rate (around 2.9–3.1 children per woman in recent estimates), driven by cultural and religious norms that strongly value marriage, procreation, and large families. Islamic teachings generally encourage having children, view them as blessings, and often discourage or limit contraception in many interpretations/communities.

Other religions rank lower: Christians average ~2.6 globally (with subgroups like certain conservative Protestants, Catholics, or Mormons higher in specific contexts), Hindus ~2.3, and Jews similar. Atheism and agnosticism (the religiously unaffiliated) show the lowest rates, typically 1.6–1.8 children per woman in surveys, reflecting secular individualism, delayed marriage, career priorities, and acceptance of family planning without doctrinal pressure to reproduce.

For a woman switching faiths, Islam's emphasis on early marriage, family centrality, and community support most directly promotes and normalizes having many children.

Anybody anywhere can provide meaningful assistance to Ukraine: 1. ...

2026-02-22T16:42:21+01:00

Anybody anywhere can provide meaningful assistance to Ukraine:

1. Distributed Manufacturing (3D Printing)
Ukraine has become a global leader in "People’s Defense," using hobbyist technology to solve battlefield and humanitarian challenges.
• Join the DrukArmy (Printer’s Army): This is a massive decentralized network of volunteers who use home 3D printers to manufacture non-lethal components.
• What is printed: Tail fins for drone stabilization, protective caps for Starlink connectors, trench periscopes, and medical training aids (e.g., mine replicas for demining instruction).
• How it works: Volunteers register on the official platform, download verified .STL files, and print parts at their own expense. Parts are then shipped to consolidation hubs for delivery to the front.
• Advanced Medical Support: Skilled makers can collaborate with organizations like the Superhumans Center or the Unbroken Foundation, which utilize 3D printing for custom, high-fidelity prosthetics for wounded veterans and civilians.

2. Direct Financial Support
Direct contributions remain the most immediate way to affect change. Using official Ukrainian portals ensures that 100% of funds reach their intended target.
• United24: The official fundraising platform of Ukraine. It allows donors to specifically fund Defense, Medical Aid, or the Rebuild Ukraine initiative.
• Come Back Alive: A vetted NGO that provides the military with high-tech equipment such as thermal optics, drones, and communication systems.
• Specialized Funds: Organizations like Hospitallers (paramedic frontline evacuation) provide critical life-saving medical care.

3. Physical Volunteering & Reconstruction
As of 2026, the focus has shifted heavily toward rebuilding destroyed infrastructure and housing.
• Building Ukraine Together (BUR): A youth-led organization that organizes volunteer camps. Participants help rebuild homes and community centers in de-occupied regions.
• International Legion for Defense: For those with verified military or first-responder experience, the International Legion provides a structured way to serve directly within the Ukrainian Armed Forces.
• Logistics & "Last Mile" Delivery: NGOs often require volunteers to drive vehicles, medical supplies, or specialized equipment from border hubs in Poland to distribution centers within Ukraine.

4. Remote Assistance & Advocacy
You can contribute significantly without leaving your home by leveraging professional skills.
• ENGin: A platform that pairs English speakers with Ukrainians for weekly conversation sessions. This helps students and professionals integrate into the EU economy.
• Tech Volunteering: IT professionals can assist with cybersecurity, app development for displaced persons, or data analysis for tracking war crimes.
• Political Advocacy: Contacting local representatives to ensure your nation continues to support security guarantees and energy grid stabilization is vital to maintaining long-term democratic resilience.

$15 Trillion is the discounted Net Present Value of future ...

2026-02-16T02:29:08+01:00

$15 Trillion is the discounted Net Present Value of future savings and value added from BTC, using an aggressive 10% annual discount rate.

BTC trades at less than 1/10 of that today.

Total Combined NPV (2026–2035)
Grand Total: $14.88 Trillion

1. Human Financial Inclusion
• Value: $3.06 Trillion
• The Driver: Banking 1.3B unbanked people.
• Impact: A 6% boost to Emerging Market GDP (per McKinsey).
• Direct Savings: Saving $48B/year in global remittance fees.

2. Agentic AI Commerce
• Value: $3.32 Trillion
• The Driver: AI-to-AI transactions.
• Impact: Agents bypassing "9-to-5" fiat banking (Jordi Visser's "Machine Economy").
• Efficiency: Instant settlement vs. 3-day wait times in legacy banking.

3. Micropayment Economy
• Value: $2.40 Trillion
• The Driver: Sub-cent payments.
• Impact: Unlocking 1-cent payments for API calls and GPU time.
• Innovation: Creating a new economy for data that is currently "too cheap" to bill via credit card.

4. Machine Reserve (Treasury)
• Value: $6.10 Trillion
• The Driver: AI agents holding "Hard Assets."
• Impact: Autonomous agents choosing BTC as native collateral to avoid inflation.
• Scale: AI treasuries competing with sovereign gold reserves for the 21M supply.

Are you getting front run by an AI Agent? Strategy holds >4% ...

2026-02-15T17:11:25+01:00

Are you getting front run by an AI Agent?

Strategy holds >4% of the available BTC (ie not lost or Satoshi’s), and 20% of Lightning Network transactions are from ai agents.

We are moving toward a world where the majority of Bitcoin holders might not be people, but Autonomous AI Agents. Because these agents are purely logical, they don't buy Bitcoin because of "hype"—they buy it because it is the most efficient, permissionless battery for their earned value.

We are currently witnessing the transition from AI as a "tool" to AI as a "capital allocator."
While individual agents are still small, the aggregate effect of millions of 24/7 autonomous businesses is creating a new, structural demand for Bitcoin that didn't exist two years ago.
1. The 24/7 "Yield Machine"
Unlike human-led businesses, AI-driven enterprises do not close at 5:00 PM or take weekends off.
• High-Velocity Micro-Profits: An AI agent might run a specialized arbitrage bot, a decentralized content farm, or a coding-for-hire service. It may only make $0.05 profit per minute, but across 24 hours and 365 days, that is roughly $26,000 a year in pure net profit with zero "living expenses" (no rent, food, or insurance).
• Automatic Conversion: Most of these agents earn revenue in stablecoins (USDC/USDT) or fiat via Stripe/PayPal. However, their "survival code" often instructs them to convert a percentage of those profits into a "hard asset" to hedge against fiat inflation or de-platforming. This creates constant, programmatic buy-pressure on Bitcoin.
2. Bitcoin as the "Base Layer" of AI Treasuries
Major analysts, including those from Grayscale and ARK Invest, have noted that Bitcoin is becoming the "digital gold" for non-human entities.
• The "Saylor" Strategy for Agents: Just as MicroStrategy uses Bitcoin as its primary reserve asset, autonomous agents are being programmed with "Treasury Management" modules.
• The Logic: If an agent is designed to run for 10 years, it cannot trust a bank (which might close its account) or a stablecoin (which could be blacklisted). Bitcoin is the only asset an AI can "own" through a private key that requires no human permission to maintain.
3. Quantitative Demand Projections
The numbers being discussed in 2026 are staggering:
• The Trillion-Agent Forecast: Tether’s CEO recently predicted that within 15 years, there could be one trillion AI agents with their own wallets. Even if each agent holds only $10 worth of Bitcoin, that represents $10 trillion in demand—nearly 10x the current total market cap of Bitcoin.
• Economic Influence: Gartner and McKinsey projections for 2030 suggest "machine customers" could control up to $30 trillion in annual purchases. If even 1% of that economic activity settles into Bitcoin reserves, it creates a supply shock.
4. The "Velocity" Problem for Humans
The biggest shift is that AI agents operate at sub-second speeds.
• Market Front-Running: In the past, humans bought the "dip." Now, AI agents with profitable 24/7 cash flows are programmed to "sweep the floor" of Bitcoin liquidity the moment prices hit a certain value.
• Result: This creates a higher "price floor" for Bitcoin because the "bid" is now supported by millions of automated agents with infinite patience and no "panic sell" emotions.
5. Current "Agentic" Businesses
You can already see this in:
• DeFi Liquidity Agents: Bots that manage pools on Uniswap and store their "fees" in BTC.
• AI Coding Agents: Platforms where agents "hire" other agents for sub-tasks, paying in Satoshi (the smallest unit of Bitcoin) over the Lightning Network.
• Incentive Protocols: Networks like Bittensor (TAO) where AI models earn tokens for their work, which are then frequently cycled into Bitcoin for long-term storage.

Bitcoin is increasingly becoming the "native currency" ...

2026-02-13T14:43:05+01:00

Bitcoin is increasingly becoming the "native currency" for the machine economy in 2026.

While Ethereum and Solana are popular for complex AI-agent "identities" (NFTs or smart accounts), Bitcoin—specifically through its Layer 2 (the Lightning Network)—is being used as the actual payment rail for AI-to-AI transactions.
Here is how Bitcoin is currently integrated into the AI agent landscape:
1. The "L402" Protocol (The Death of API Keys)
The biggest shift in 2026 is the adoption of the L402 protocol (formerly known as LSATs).
• The Problem: AI agents don't have credit cards, and they can’t easily sign up for "Plus" subscriptions.
• The Bitcoin Solution: When an agent tries to access a paid data source (like a premium LLM or a real-time weather API), the server sends back an HTTP 402 "Payment Required" error.
• The Action: The agent instantly pays a few Satoshis (tiny fractions of a Bitcoin) via the Lightning Network. The payment itself acts as the "API Key." This allows for a "pay-as-you-go" model where agents only pay for the exact number of tokens or data points they consume.
2. The 2026 "Lightning-Agent-Tools" Release
In February 2026, Lightning Labs released a suite of open-source tools that have become the standard for "Agentic Finance" on Bitcoin:
• lnget: A command-line tool (similar to curl) that lets AI agents "fetch" data from the web and pay for it with Bitcoin automatically in the same command.
• MCP (Model Context Protocol) Support: This allows AI models (like Claude or GPT-5) to natively "see" their Bitcoin wallet balance and manage their own payment channels without a human intermediary.
• Remote Signers: To keep things safe, agents can request a "signature" from a secure, human-controlled vault for any payment above a certain threshold (e.g., more than $50), while handling micro-payments autonomously.
3. Miners Pivoting to "AI Compute"
We are seeing a massive trend where Bitcoin mining firms are selling their BTC to fund AI Data Centers.
• The Logic: Bitcoin miners already have the high-voltage power contracts and cooling infrastructure needed for H100/B200 GPU clusters.
• The Loop: Companies like Cango (a major miner) recently liquidated over 4,000 BTC to expand into AI cloud services. In some cases, these companies are now accepting Bitcoin from AI agents to rent out the very compute power that the agents use to "think."
4. Bitcoin Layer 2s & BitVM
Newer Bitcoin technologies like BitVM and Layer 2 networks (such as Bitlayer) are allowing AI agents to participate in "BTCFi."
• Agents are now using Bitcoin as collateral to take out stablecoin loans to pay for their own operational costs (server fees, data storage) without having to sell their underlying Bitcoin.

Carney called out Trump’s global bullying and said middle ...

2026-01-29T20:47:35+01:00

In reply to nevent1q…zj38
_________________________

Carney called out Trump’s global bullying and said middle powers need to help each other more and plan a future that has no trust in the USA. BTC aside, this a great and courageous message. No government will willingly give up their fiat levers.

I am skeptical of anything praised by the Kremlin when it comes ...

2026-01-29T16:09:10+01:00

In reply to nevent1q…pvw5
_________________________

I am skeptical of anything praised by the Kremlin when it comes to the national security of a democracy.

I think it is an ongoing historical travesty how the USA is ...

2026-01-29T16:02:34+01:00

In reply to nevent1q…n88f
_________________________

I think it is an ongoing historical travesty how the USA is dealing with the Russian invasion of Ukraine.

Ultimately, if the U.S. became a closed, authoritarian economy, ...

2026-01-29T05:42:52+01:00

Ultimately, if the U.S. became a closed, authoritarian economy, Bitcoin would likely become a high-value "exit ramp" for the wealthy and a survival tool for the public—potentially reaching astronomical valuations in dollar terms, though the "dollar" itself might be worth much less at that point.

Predicting the price of Bitcoin in a scenario involving extreme centralization of executive power—or a "fascist dictatorship"—is a dive into the ultimate tension of the "Digital Gold" thesis.
Economically, Bitcoin reacts more to instability and monetary policy than to any specific political "ism." Here is how such a seismic shift in U.S. governance would likely pull the levers of the crypto market.
1. The "Flight to Safety" (Bull Case)
If the U.S. government were to move toward an authoritarian model, the primary economic byproduct is usually a loss of institutional trust. As of early 2026, we are already seeing a "vaporizing of trust" (as some analysts call it) due to erratic trade policies and tariff threats, which has pushed gold past $5,000 an ounce.
• Currency Debasement: Dictatorships often fund themselves by printing money or pressuring the central bank (the Fed) to keep rates low regardless of inflation. If the USD were to be weaponized or devalued, Bitcoin’s fixed supply (21 million) would likely make it a magnet for capital flight.
• The "Censorship Resistance" Premium: In a regime where bank accounts can be frozen for political dissent, an asset that exists outside the traditional banking system becomes a necessity rather than a speculation. This would likely drive a massive "black market" or "gray market" premium for BTC.
2. The "FDR Scenario" (Bear Case)
The biggest threat to Bitcoin in an authoritarian U.S. is not the market, but the Executive Order.
• Seizure & Bans: Just as FDR issued Executive Order 6102 in 1933 to criminalize the possession of gold, a highly centralized administration could move to "nationalize" Bitcoin.
• Strategic Reserve vs. Private Ownership: While the current administration has floated the idea of a Strategic Bitcoin Reserve, an authoritarian shift might involve the government wanting all the Bitcoin. They could mandate that all private holdings be moved to government-monitored "custodial" wallets, effectively killing the "not your keys, not your coins" ethos and crashing the price in regulated markets.
3. Current 2026 Market Dynamics
To ground this hypothetical in current reality: The market is already jittery.
• The "Sell America" Trade: We are currently seeing investors diversify away from U.S. assets (equities and Treasuries) toward commodities and international havens.
• Fed Independence: With Chair Jerome Powell’s term ending in May 2026 and reports of political pressure on the Fed, any move that signals the end of the central bank's autonomy would likely be a "rocket fuel" moment for Bitcoin's price—at least until the regulatory "hammer" drops.

Strong Matrix overtones, rightfully so. Have any bitcoiners spent ...

2026-01-29T03:54:02+01:00

In reply to nevent1q…nfyc
_________________________

Strong Matrix overtones, rightfully so. Have any bitcoiners spent time engaging Rutger Bregman and the moral ambition advocates seemingly working to improve the world but with a veil of disdain for BTC, apparently ignoring obvious synergies?

Political finance laws vary wildly across the globe, ranging from ...

2026-01-25T10:03:37+01:00

Political finance laws vary wildly across the globe, ranging from "wild west" scenarios with zero oversight to hyper-regulated systems where even small private donations are banned.
Based on data from the International Institute for Democracy and Electoral Assistance (IDEA) and the Regulation of Political Finance Indicator (RoPFI), here is an overview of countries ordered from least to most restrictive.
1. Minimal or No Restrictions
In these countries, there are virtually no limits on who can donate or how much they can give. The philosophy here is generally that political spending is a form of free speech or that the market should dictate political viability.
* The Caribbean (e.g., Bahamas, Barbados): Often cited as some of the least regulated regions in the world. Many of these nations have no limits on private donations and no requirements for public disclosure of donors.
* Switzerland: Historically very permissive. While new transparency rules were introduced in 2023, there are still no federal limits on the amount an individual or corporation can donate to a party.
* Germany: Often surprising to many, Germany has no upper limit on the amount a donor can give to a political party. However, it is more "regulated" than the Caribbean because it requires strict public disclosure for large donations (over €10,000).
2. Low to Moderate Restrictions
These countries allow significant private money but impose specific "guardrails," such as transparency requirements or bans on certain types of donors (like foreign entities).
* United States: A unique case. While there are strict limits on direct donations to a candidate's campaign (e.g., $3,300 per election), the Citizens United ruling allows unlimited spending through "Super PACs," placing it on the less-restrictive end of the global spectrum for "outside" money.
* United Kingdom: There are no limits on how much an individual or organization can donate to a political party. However, the UK has strict spending limits during election periods, which indirectly limits the impact of massive donations.
* Australia: Similar to the UK, there are few limits on donation amounts at the federal level, though some states (like New South Wales) have implemented much stricter caps.
3. High Restrictions (The Regulated Middle)
Most modern democracies fall into this category. They typically cap the amount individuals can give and often ban corporate or trade union donations entirely.
* Canada: Very restrictive compared to its neighbor. Corporate and union donations are completely banned. Only individuals can donate, and the amount is strictly capped (roughly $1,725 CAD per year to a party).
* Brazil: In 2015, the Supreme Court banned corporate donations to political campaigns. Now, campaigns are largely funded through a massive public "Election Fund" and small individual contributions.
* Japan: Bans corporate donations to individual candidates (though they can still give to political parties under certain conditions) and maintains strict limits on individual contributions to prevent "money politics."
4. Most Restrictive (State-Funded or Membership-Only)
In these countries, private influence is heavily suppressed in favor of state control or extreme individual limits.
* France: One of the most restrictive systems in the West. Corporate donations are strictly prohibited. Individual donations are capped at €4,600 per election. To compensate, the state provides heavy public subsidies and strictly limits what candidates can spend.
* Bhutan: According to IDEA, Bhutan is among the most restrictive; only individual party members are permitted to contribute, and there are rigorous caps to ensure no single person can exert undue influence.
* Sierra Leone / Guinea-Bissau: These nations have some of the most "de jure" restrictive laws, often limiting donations strictly to registered voters or party members, effectively banning all outside or institutional financial influence.

If Bitcoin's attributes were fully utilized, the world ...

2025-12-05T06:13:10+01:00

If Bitcoin's attributes were fully utilized, the world effectively unlocks a "Global Economic Surplus" of roughly $5-7 trillion annually.

This is not "new" money printed by a central bank, but rather retained value that is currently lost to system inefficiencies (middlemen) and monetary dilution (inflation).

If fully utilized, Bitcoin’s attributes—namely its near-zero-cost settlement (via Lightning Network), its censorship-resistant clearing, and its capped supply—could yield global annual economic savings potentially exceeding $5 trillion USD.

This figure is derived from two primary sources: the elimination of transaction friction (fees, middlemen, delays) and the mitigation of monetary debasement (inflation tax).

1. The Efficiency Dividend: Transaction Cost Savings
Estimated Annual Savings: ~$1.7 – $2.5 Trillion
The traditional financial system is layered with intermediaries (correspondent banks, clearinghouses, card networks) that extract fees at every step. A fully utilized Bitcoin network, particularly with Layer 2 solutions like the Lightning Network, would compress these costs to near zero.
• Merchant Processing Fees (~$500 Billion+):
Merchants globally pay interchange and processing fees averaging 1.5% to 3.5%. In the U.S. alone, these fees hit a record $187 billion in 2024. Globally, payment industry revenues approach $2.5 trillion. Replacing credit card networks with instant, final Bitcoin settlements could return hundreds of billions directly to merchants and consumers.
• Cross-Border B2B Payments (~$700 Billion):
The "retail" B2B cross-border market (payments between smaller businesses) is valued at ~$38 trillion with average fees of ~1.5%. This friction costs the global economy over $570 billion annually. Adding wholesale friction costs brings this total significantly higher.
• Global Remittances (~$55 Billion):
Migrant workers send ~$857 billion home annually, paying an average fee of 6.4% (approx. $55 billion). Bitcoin can reduce this cost to near zero (<1%), effectively putting ~$50 billion back into the pockets of the world's poorest populations.
• Cash Management & Handling (~$500 Billion - $1 Trillion):
Physical cash is expensive to print, transport, secure, and count. Studies estimate the cost of cash management to be between 0.5% and 1% of Global GDP. With a global GDP of ~$100 trillion, a digital bearer asset like Bitcoin could eliminate $500 billion to $1 trillion in operational waste.

2. The Stability Dividend: Monetary Debasement Savings
Estimated Annual Savings: ~$3 – $5 Trillion
The largest "cost" to the global economy is not transaction fees, but the silent erosion of purchasing power (debasement) affecting liquid wealth.
• Avoided "Inflation Tax" on Global Money:
Global M2 money supply is approximately $96 trillion. In a fiat system, central banks typically target 2% inflation, though actual averages (especially in developing nations) are often much higher (4–5%+).
• The Cost: A 5% annual debasement rate on $96 trillion represents a wealth transfer or purchasing power loss of roughly $4.8 trillion per year.
• The Savings: A hard-capped money (0% terminal inflation) preserves this value. While economists debate the "optimal" level of inflation to spur spending, from the perspective of savers and capital holders, this represents a massive annual retention of value.
• Elimination of Negative Real Yields:
Savers often hold trillions in bonds or savings accounts yielding less than the inflation rate. Bitcoin creates a floor for returns; if money holds its value, capital is not forced into malinvestment just to "beat inflation," reducing global capital misallocation (a difficult-to-quantify but massive economic efficiency gain).

$MSTR is >10x its price when fear mongers first said it was ...

2025-11-30T13:46:19+01:00

$MSTR is >10x its price when fear mongers first said it was going broke from its BTC approach but its CEO said they were good to 5k BTC vs the 16k low.

Another great $MSTR entry point was when the narrative spread of pending BTC ETFs making $MSTR redundant. How wrong that will forever be.

Now include JP Morgan among the fear mongers throwing FUD about MSTR in the most recent narrative. BTC needs to go below the low of the last crypto winter to even begin to concern Strategy, the issuer of $MSTR.

Strategy’s preferred stocks are far more transparent, liquid, and frictionless than the structured notes JP Morgan has devised while some of its’ prior staff running MSCI manipulate index related sentiment against BTC Treasury companies.

Now looks like the third great entry point into $MSTR since Strategy began buying BTC.

I have done my due diligence and expect to profit further from here on $MSTR. Due your own research and own your decision with conviction.

Fascism is like a cancer that eats away slowly at society. It ...

2025-10-12T00:20:48+02:00

Fascism is like a cancer that eats away slowly at society. It starts with the ill-informed and undereducated and crawls slowly into social circles where it creates an alternate reality for those backing it. Once the rot of fascism takes hold, as it has now in the USA, it's harder to stop without armed resistance. We're not saying to take up arms, we're saying that the USA is reaching a point of no return. The people are going to need to stop being afraid and stand up, or you will have no country left that resembles anything you remember. The freedoms you once took for granted are already being infringed upon. You no longer have due process. You no longer have freedom of speech. You are witnessing a fascist police force become the strong arm of the Trump regime and they do not plan on leaving. Why else do you think they're all masked up? Why else do you think they're so bold and brutal as they attack women, children, and even priests? They don't plan on leaving, they know if there is another election they're all going to jail. They have nothing to lose, and at this point in US history, either do you. Because if you do not stand up and fight for your own freedom, you're going to lose it all.
And when they don't allow any elections in 2028, as the clasp of the regime grips your country tighter and tighter - what then? Don't expect help from the military. By 2028 it's going to be too late. It might already be too late as this is being written.
They've successfully used culture wars to divide the population of the USA. They've created enemies out of marginalized people. They're following the exact playbook of how fascism works, and the insane thing is, there are people who are cheering them on.
Your grandfather and great grandfathers who fought against fascism in World War II, did they fight that war for nothing?
They broadcast their propaganda, feeding the simple-minded lies on social media. The simple-minded nod, they obey. They're the reason you are all in this place to begin with.
Communities need to organize immediately if you haven't already. If your community (or local government) is not on your side, find one that is.
The regime has made it illegal to be against fascism in the USA, as they've deemed being anti-fascist as being in a terrorist organization.
As you can see from their testing grounds, they're actively testing the limits of the USA's failing democracy. From California, to Oregon, to Illinois, they've put jack boot thugs on the streets to smash heads and subjugate the population. They've tried to get the military involved which keeps getting struck down in court as being "unconstitutional". Yet that damn will break. The courts will be usurped. Democracy will fall. Look around you. It's happening already.
Organize, Mobilize, Resist.
#Anonymous

AI will magnify tech derived deflation forces as we will all buy ...

2025-09-25T22:15:31+02:00

AI will magnify tech derived deflation forces as we will all buy whatever is cheapest to meet our needs, which AI and tech will provide.

Your employer would be right to say if your cost of living is being reduced, then your wages should be reduced. If cost of living went down 10%, a 5% reduction in your wage would actually be a relative increase in your standard of living.

BUT, your’s and govt’s debt would remain unchanged and hence more problematic, leading to financial system collapse if deflation remained unstopped.

This is why governments can’t allow the natural forces of AI and other tech to result in falling prices, and will print money to prevent it, forever debasing the purchasing power of any fiat currency.

So, are you going to vote for a politician promising free stuff, leading to the need for a chaotic/war system reset, or just opt out and buy/dca Bitcoin?

Developed democracies rarely become fully fascist autocracies, ...

2025-09-18T12:50:54+02:00

Developed democracies rarely become fully fascist autocracies, but several have experienced democratic backsliding with fascist traits since 2010. Here are four recent examples INCLUDING USA:

1. Hungary: Since Viktor Orbán’s Fidesz party took power in 2010, Hungary transitioned from democracy to electoral autocracy (V-Dem, 2018). Orbán’s government controls 90% of media, gerrymanders elections (2022: 54% votes, 83% seats), and packs courts with loyalists. Anti-LGBTQ+ laws (2021) and migrant scapegoating reflect ultranationalist, fascist-like rhetoric. Hungary, an EU/OECD member with a $40K GDP per capita, faces EU sanctions for rule-of-law violations.

2. Poland: The Law and Justice (PiS) party, elected in 2015, eroded judicial independence, politicized media (TVP as propaganda), and passed anti-LGBTQ+ and abortion restrictions (2020). Nationalist rhetoric and border violence (2021) echoed fascist themes. Classified as a “moderate autocracy” by 2022 (BTI), Poland’s 2023 elections ousted PiS, but recovery is incomplete. An EU/OECD nation with a $45K GDP per capita, Poland shows reversal potential.

3. Turkey: Under Recep Tayyip Erdoğan, Turkey (OECD, G20, $13K GDP per capita) shifted to autocracy post-2016 coup attempt. Purges jailed 50K+, media is 95% state-aligned (2023), and Kurdish/LGBTQ+ rights are suppressed. The 2017 referendum centralized power, with elections marred by arrests. Neo-Ottoman nationalism and Erdoğan’s cult of personality mimic fascist elements. V-Dem labels it an electoral autocracy.

4. United States: Since 2016, the U.S. has faced mild backsliding, intensified in 2025 under Trump’s return. Voter restrictions, media attacks, and 2025 deportation plans targeting 11M+ immigrants signal autocratic moves. The Supreme Court’s 2024 immunity ruling and “America First” nationalism raise fascist concerns. V-Dem notes a 10% democratic decline (2016–2024), with “liberal democracy” status at risk.

These cases, driven by populism and polarization, highlight autocratic legalism and nationalist rhetoric, per V-Dem’s 2025 report. Poland’s reversal suggests hope, but most backsliding persists without strong civic pushback.b

The United States is widely regarded as having the most ...

2025-09-12T22:48:52+02:00

The United States is widely regarded as having the most politically polarized populace in 2025, based on global indices and reports that underscore the profound divisions in American society, outpacing other countries in key measures.

Key drivers of this polarization include rapid escalations in multiple forms: affective polarization, marked by emotional hostility between parties; ideological polarization, with extreme policy stances; and elite polarization, where leaders diverge sharply. Over the last 15 years, this unique combination has heightened social tensions, undermined institutional trust, and reduced opportunities for bipartisan compromise.

The V-Dem Democracy Report 2025 labels U.S. polarization as "toxic," extending beyond policy disagreements to strain personal relationships and social bonds. The 2024 elections exacerbated this, featuring rhetoric and events reminiscent of autocratic strategies, deepening divides during the second Trump administration.

A shrinking moderate base contributes significantly: Just 34% of Americans identify as politically moderate—a historic low—while 77% of Republicans and most Democrats hold radical views. Hot-button issues like immigration, abortion, gun rights, and election legitimacy intensify animosity, with each side perceiving the other as an existential danger.

In global comparisons, nations such as Turkey, India, Hungary, and Brazil exhibit high or toxic polarization, often linked to autocratization or ethnic conflicts. However, the U.S. stands out among established democracies for its intensity. Pew Research places it alongside South Korea in perceived partisan strife, but America's elite and media influences position it as the prime example of contemporary division.

This creates a vicious cycle: Echo chambers fueled by polarized media, social media algorithms, and gerrymandering impede national unity. While countries like Argentina (based on 2023 data) or France grapple with deep rifts, they don't match the U.S.'s blend of severity and worldwide impact.

Many may find this of interest:

A Self-Help Book for Societies:

https://www.goodreads.com/book/show/102146148-what-s-our-problem

From Grok re Trump’s conflict of interest between Russia and ...

2025-09-11T23:21:24+02:00

From Grok re Trump’s conflict of interest between Russia and his current Presidential obligations:

### Historical Business Ties to Russia
Donald Trump's business empire has long-standing financial connections to Russian entities and individuals, which have raised concerns about potential conflicts of interest during his presidency. These ties predate his political career but continued to influence perceptions of his foreign policy decisions, particularly regarding Russia. For instance, Trump pursued multiple real estate projects in Russia starting in the 1980s, including attempts to build a luxury hotel near the Kremlin and the Trump Tower Moscow, which discussions extended into June 2016—after he secured a significant source of funding for the Trump Organization, with Trump Jr. noting in 2008 that "Russians make up a pretty disproportionate cross-section of a lot of our assets." During his first term, Trump repeatedly denied having business dealings in Russia, but his tax lawyers admitted to receiving some income from Russian sources over the prior decade, and efforts to develop properties persisted.

A Reuters investigation identified at least 63 individuals with Russian passports or addresses who invested nearly $100 million in Trump-branded luxury towers in Florida, including buyers linked to Vladimir Putin's inner circle, such as Alexander Zaldostanov, head of a pro-Putin motorcycle club awarded Russia's "medal of honor." These investments, while not directly tied to the Kremlin, involved oligarchs and figures with Russian government connections, potentially creating leverage. The Center for American Progress highlighted how Trump's reliance on foreign banks, including those in Russia with lax regulations, began in the 2000s after U.S. banks distanced themselves due to bankruptcies. This financial dependence could conflict with presidential obligations to enforce sanctions or counter Russian aggression, as decisions affecting Russian oligarchs might impact Trump's personal wealth.

### Campaign and Associate Contacts with Russian Officials
During the 2016 presidential campaign, Trump and his associates had at least 140 documented contacts with Russian nationals, WikiLeaks intermediaries, or Russian-linked entities, as detailed in The New York Times and the Mueller Report. These interactions, while not rising to criminal conspiracy, demonstrated receptivity to Russian assistance. Key examples include:

- The June 2016 Trump Tower meeting, where Donald Trump Jr., Jared Kushner, and Paul Manafort met Russian lawyer Natalia Veselnitskaya, who was promised "dirt" on Hillary Clinton as "part of Russia and its government’s support for Mr. Trump." The Mueller Report noted this as evidence of the campaign's willingness to accept foreign help.
- Paul Manafort, Trump's campaign chairman, shared internal polling data with Konstantin Kilimnik, a Russian intelligence-linked operative, and had prior contracts with oligarch Oleg Deripaska, a Putin ally, worth $10 million to influence U.S. and European politics in Russia's favor.
- Michael Flynn, Trump's first National Security Advisor, lied about contacts with Russian Ambassador Sergey Kislyak and had business ties to Russian entities; he was later convicted and pardoned by Trump.
- Carter Page, a foreign policy advisor, had meetings with Russian officials, and Roger Stone coordinated with WikiLeaks on hacked emails.

The bipartisan Senate Select Committee on Intelligence's 2020 report confirmed "significant ties" between the Trump campaign and Russia, including Manafort's hiring of Kilimnik and undisclosed Russian connections among attendees at the Trump Tower meeting. The Mueller Report emphasized that Russia interfered in the election "in a sweeping and systematic fashion" to benefit Trump, and the campaign expected electoral gains from stolen information. These contacts could indicate a conflict, as they suggest potential quid pro quo arrangements that might prioritize Russian interests over U.S. national security obligations, such as investigating election interference.

### Obstruction of Justice and Efforts to Impede Investigations
The Mueller Report's Volume II outlined 10 instances of potential obstruction of justice by Trump related to the Russia probe, creating a direct tension with his presidential duty to uphold the rule of law. Examples include:

- Directing White House Counsel Don McGahn to fire Special Counsel Robert Mueller over alleged "conflicts of interest," then pressuring McGahn to deny it and create a false record.
- Firing FBI Director James Comey in May 2017, citing "this Russia thing," and privately asking Comey to "let Flynn go" from the investigation.
- Pressuring Attorney General Jeff Sessions to "un-recuse" himself from the Russia probe and limit its scope, believing an unrecused AG would "shield" him.
- Floating pardons to influence witnesses like Flynn and Manafort, and refusing to answer Mueller's questions fully, providing "inadequate" written responses.

Mueller did not exonerate Trump, stating that while charging a sitting president is not an option per DOJ policy, the findings "do not exonerate him" and raised questions about why Trump associates repeatedly lied about Russian contacts. This pattern of obstruction could conflict with presidential obligations to ensure transparent governance and counter foreign interference, as it appeared aimed at protecting personal and campaign interests tied to Russia. The Senate report echoed these concerns, noting Trump's efforts undermined the investigation into Russian meddling.

### Foreign Policy Decisions Favoring Russia
Trump's first-term policies often aligned with Russian interests, potentially at odds with U.S. strategic goals like supporting NATO allies and deterring aggression. Notable examples:

- In 2016, Trump directed changes to the Republican platform to soften support for Ukraine's military aid against Russian-backed separatists in Crimea, a move endorsed by advisor J.D. Gordon.
- At the 2018 Helsinki summit, Trump publicly sided with Putin over U.S. intelligence on election interference, calling it a "hoax" and suggesting "no collusion." He also considered recognizing Russia's 2014 annexation of Crimea, describing it as an "interesting question."
- Trump delayed or weakened sanctions under the 2017 Countering America's Adversaries Through Sanctions Act (CAATSA), allowing U.S. technology exports to Russia despite congressional mandates. He amended Obama-era sanctions to permit such exports shortly after taking office.
- Nominees like Rex Tillerson (Secretary of State), with ExxonMobil's $500 billion Russian deals, and Wilbur Ross (Commerce Secretary), with stakes in the Russian-tied Bank of Cyprus, embodied potential conflicts.

These decisions, substantiated by reports from the Center for American Progress and Brookings Institution, suggest a prioritization of personal rapport with Putin—whom Trump praised as a "genius" and "strong leader"—over U.S. obligations to allies like Ukraine. Ex-KGB spy Yuri Shvets claimed in a 2021 book that Russia cultivated Trump as an asset for 40 years, using flattery and business incentives, leading to celebrations in Moscow after his 2016 win. While unproven, this aligns with patterns where Trump's deference to Russia (e.g., questioning NATO's value) could stem from financial or kompromat leverage, conflicting with duties to defend democratic institutions.

### Ongoing Scrutiny and Broader Implications
Investigations into Russian financial ties to Trump Media & Technology Group (ongoing as of 2023 per The Guardian) and Trump's envoy Steve Witkoff's business links to Russia (reported in 2025) highlight persistent concerns. The Mueller Report referred 14 criminal matters to other DOJ components, and while no direct conspiracy was established, gaps in evidence (due to deleted communications and lies) left questions unresolved. Critics, including Sen. John McCain, argued Trump's actions "abased" U.S. interests before Putin, potentially due to corruption from Russian money. In his current term (as of September 2025), efforts to mediate the Ukraine war—amid threats of "economic war" if Putin doesn't comply—have been criticized as favoring Russia, with European leaders rushing to counter Putin's "spin" and Zelenskyy rejecting terms. This could indicate a continued conflict, where personal ambitions (e.g., a Nobel Peace Prize) or hidden ties clash with impartial U.S. policy.

These elements from Trump's past—financial dependencies, campaign receptivity, obstruction, and pro-Russian policies—collectively suggest motivations that may prioritize Russian relations over presidential obligations to national security and international alliances. While no criminal charges resulted from Mueller's probe, the documented patterns substantiate concerns about divided loyalties.

Run a Bitcoin Node? Why & How Running a Bitcoin ...

2025-08-31T22:39:34+02:00

Run a Bitcoin Node? Why & How

Running a Bitcoin node—software that validates transactions and maintains a copy of the Bitcoin blockchain—offers several benefits, particularly for users who value decentralization, privacy, and security. Below are the key advantages:

1. **Enhanced Privacy**:
- Running your own node allows you to verify transactions directly without relying on third-party services, preventing external entities (e.g., block explorers or hosted wallets) from tracking your transactions or addresses.
- You can broadcast transactions directly to the network, reducing the risk of metadata leakage compared to using a third-party service.

2. **Increased Security**:
- A personal node ensures you’re using the correct blockchain by validating all transactions and blocks against Bitcoin’s consensus rules, protecting you from potential attacks or forks.
- You can connect your wallet to your own node, ensuring that your wallet software receives accurate blockchain data, reducing the risk of interacting with malicious or incorrect information.

3. **Supporting Network Decentralization**:
- By running a node, you contribute to Bitcoin’s network health by relaying and validating transactions and blocks, making the network more resilient against censorship or attacks.
- More nodes increase the difficulty of network-wide attacks, as there are more independent validators enforcing the rules.

4. **Sovereignty and Self-Custody**:
- Running a node gives you full control over your Bitcoin transactions, aligning with the ethos of “be your own bank.” You don’t need to trust intermediaries to validate or relay your transactions.
- You can use your node to verify the finality of your transactions, ensuring they are confirmed on the blockchain without relying on external confirmation.

5. **Access to Advanced Features**:
- Nodes enable integration with advanced Bitcoin tools, such as Lightning Network nodes for fast, low-cost payments, or CoinJoin for enhanced privacy.
- Developers and businesses can use nodes to build applications, test transactions, or monitor the blockchain in real time.

6. **Educational Value**:
- Operating a node provides hands-on experience with Bitcoin’s protocol, helping users understand how the network operates, including concepts like consensus, mining, and transaction propagation.

### Easiest Available Hardware Solution for Running a Bitcoin Node

To run a Bitcoin node, you need hardware capable of storing the blockchain (currently ~700 GB for a full node, or ~20 GB for a pruned node), processing transactions, and maintaining a stable internet connection. The easiest hardware solutions are pre-configured setups designed for non-technical users, combining affordable hardware with user-friendly software. Below is the recommended easiest hardware solution, along with alternatives:

#### Easiest Solution: MyNode One (Raspberry Pi-Based)
**Overview**: MyNode is a plug-and-play solution that simplifies running a Bitcoin full node (and optionally a Lightning node) on a Raspberry Pi. It comes with a pre-installed operating system and a web-based interface, making setup and management accessible to beginners.

**Why It’s the Easiest**:
- **Pre-Configured Software**: MyNode includes Bitcoin Core and other tools (e.g., LND for Lightning, Electrum server) pre-installed, eliminating the need to manually compile or configure software.
- **User-Friendly Interface**: The web dashboard allows users to monitor node status, sync progress, and manage features like Lightning or VPN access without command-line expertise.
- **Affordable Hardware**: Built on a Raspberry Pi 4, it’s cost-effective and widely available.
- **Community Support**: MyNode has an active community and documentation, with premium support available for troubleshooting.

**Hardware Requirements**:
- **Device**: Raspberry Pi 4 (4GB or 8GB RAM recommended).
- **Storage**: 1TB SSD (or larger) to store the full blockchain. MyNode recommends external SSDs for reliability over SD cards.
- **Power Supply**: Reliable USB-C power supply for Raspberry Pi.
- **Internet**: Stable, high-speed connection (at least 10 Mbps) with no strict data caps, as initial sync and ongoing operation require significant bandwidth.

**Setup Process**:
1. Purchase a Raspberry Pi 4, a 1TB SSD, and a power supply (or buy a pre-assembled MyNode One kit for ~$300–$400).
2. Download and flash the MyNode image to an SD card using software like Balena Etcher.
3. Connect the SSD and boot the Raspberry Pi.
4. Access the MyNode web interface via a browser (e.g., http://mynode.local) to monitor sync and configure settings.
5. Wait for the blockchain to sync (1–2 weeks depending on internet speed and hardware).

**Cost**: ~$150–$400 (Raspberry Pi 4: ~$50–$80, 1TB SSD: ~$80–$120, accessories: ~$20–$50, or pre-built kit: ~$300–$400).
**Where to Buy**: MyNode website (https://mynodebtc.com), Amazon, or Raspberry Pi retailers.

#### Alternatives:
1. **Umbrel**:
- **Overview**: Umbrel is another user-friendly Bitcoin node solution running on a Raspberry Pi or a dedicated device. It features a sleek app store for installing Bitcoin Core, Lightning, and other tools (e.g., mempool.space, Ride The Lightning).
- **Pros**: Polished interface, easy app installation, supports both Bitcoin and non-Bitcoin apps (e.g., Nextcloud). Free and open-source.
- **Cons**: Slightly more complex initial setup than MyNode for non-technical users. Requires manual flashing of the OS.
- **Hardware**: Raspberry Pi 4 (8GB RAM recommended), 1TB SSD.
- **Cost**: ~$150–$400 (similar to MyNode).
- **Website**: https://umbrel.com

2. **NOWNodes** (Hosted Solution):
- **Overview**: For users who don’t want to manage hardware, NOWNodes provides a hosted Bitcoin node service with API access for developers and businesses.
- **Pros**: No hardware setup or maintenance required. Easy access via API keys. Free tier available (limited to 20 MB/day).
- **Cons**: Not a self-hosted solution, so you rely on a third party, reducing privacy and sovereignty. Subscription costs for higher usage (~$20–$500/month).
- **Website**: https://nownodes.io

3. **RaspiBlitz**:
- **Overview**: A DIY Bitcoin and Lightning node solution for Raspberry Pi, with SSH and web interface options.
- **Pros**: Lightweight, customizable, supports advanced features like CoinJoin and channel balancing.
- **Cons**: More technical setup than MyNode or Umbrel, requiring some command-line knowledge.
- **Hardware**: Raspberry Pi 4, 1TB SSD.
- **Cost**: ~$150–$400.
- **Website**: https://raspiblitz.org

4. **Pre-Built Nodes (e.g., Nodl, Start9 Embassy)**:
- **Overview**: Companies like Nodl and Start9 offer pre-assembled devices with Bitcoin node software pre-installed.
- **Pros**: Plug-and-play, no assembly required. Start9 Embassy includes additional privacy-focused features.
- **Cons**: More expensive than DIY solutions (~$500–$1,000). Less customizable.
- **Websites**: https://nodl.it, https://start9.com

#### Why MyNode Stands Out:
MyNode is the easiest for most users due to its balance of affordability, simplicity, and comprehensive features. It requires minimal technical knowledge, offers a one-stop web interface, and supports both Bitcoin and Lightning out of the box. Unlike hosted solutions like NOWNodes, it ensures full sovereignty, and compared to RaspiBlitz, it’s more beginner-friendly. Umbrel is a close competitor, but MyNode’s dedicated focus on Bitcoin and Lightning makes it slightly simpler for users solely interested in running a node.

### Additional Considerations:
- **Pruned Nodes**: If storage is a constraint, you can run a pruned node (storing only ~20 GB of recent blockchain data), but this sacrifices some functionality (e.g., inability to rescan the full blockchain). MyNode and Umbrel support pruned nodes.
- **Power and Internet**: Ensure a reliable power source (preferably with a UPS) and unmetered internet, as nodes must stay online to stay synced and relay transactions.
- **Maintenance**: Nodes require occasional software updates and monitoring to ensure they remain synced and secure. MyNode automates much of this process.
- **Learning Curve**: Even with user-friendly solutions, expect some learning to understand node operation, especially if integrating with wallets or Lightning.

### Conclusion:
Running a Bitcoin node enhances privacy, security, and network decentralization while offering educational and functional benefits. The easiest hardware solution is **MyNode One** on a Raspberry Pi 4 with a 1TB SSD, costing ~$150–$400, due to its pre-configured software, intuitive web interface, and affordability. Alternatives like Umbrel, RaspiBlitz, or hosted services like NOWNodes cater to different needs, but MyNode strikes the best balance for beginners. For setup guides, visit https://mynodebtc.com or check community resources on X for user experiences.

Public complaints on the nightly news should not affect adherence ...

2025-08-17T21:34:26+02:00

Public complaints on the nightly news should not affect adherence to a country's constitution, as appears to be happening in Canada right now.

The Canadian Constitution is relevant to the Air Canada strike that began on August 16, 2025, primarily through the Canadian Charter of Rights and Freedoms, which is part of the Constitution Act, 1982. The Canadian Union of Public Employees (CUPE), representing approximately 10,000 Air Canada flight attendants, has argued that the federal government's intervention—specifically, Jobs Minister Patty Hajdu’s use of Section 107 of the Canada Labour Code to order binding arbitration and end the strike—violates the Charter. Specifically, CUPE contends that this action infringes on the workers’ right to strike, which is protected under Section 2(d) of the Charter, guaranteeing freedom of association. This section has been interpreted by courts to include the right to collective bargaining and strike as essential components of workers’ rights to meaningfully associate.

The union has publicly stated its intent to challenge the back-to-work order as “blatantly unconstitutional,” arguing it undermines the Charter rights of flight attendants, 70% of whom are women, and forces them to perform unpaid work. This constitutional argument draws on legal precedents, such as the 2015 Supreme Court of Canada decision in *Saskatchewan Federation of Labour v. Saskatchewan*, which affirmed that the right to strike is protected under the Charter as an essential part of collective bargaining. CUPE’s defiance of the Canada Industrial Relations Board (CIRB) order, issued on August 17, 2025, to resume operations, is grounded in this constitutional claim, as they assert the government’s intervention disrupts their fundamental rights.

Additionally, the repeated use of Section 107 by the Liberal government in recent labor disputes (e.g., at ports, rail yards, and Canada Post) has led unions, including CUPE, to pursue legal challenges, arguing that such interventions unconstitutionally restrict their bargaining power and right to strike. The union has also raised concerns about a conflict of interest with the CIRB chair, Maryse Tremblay, due to her prior role as legal counsel for Air Canada, which could further bolster their constitutional challenge by questioning the impartiality of the process.

However, the government justifies its intervention by citing the economic impact of the strike, with approximately 130,000 passengers affected daily, including 25,000 Canadians stranded abroad. The use of Section 107 is framed as a measure to “maintain or secure industrial peace” under the Canada Labour Code, which the government argues is within its constitutional authority to regulate labor in federally regulated industries like aviation. This creates a tension between the government’s economic and regulatory priorities and the workers’ constitutional protections.

In summary, the Canadian Constitution, through the Charter’s protection of freedom of association, is directly relevant to the Air Canada strike due to CUPE’s claim that the government’s back-to-work order violates their right to strike. The outcome of any legal challenge would likely hinge on whether the court finds the government’s intervention to be a justified limitation under Section 1 of the Charter.

I asked Grok if Trump or Gavin Newsom were fit for the ...

2025-08-17T21:16:43+02:00

I asked Grok if Trump or Gavin Newsom were fit for the presidency?

I aim to give you a clear, reasoned take on this without fluff or bias, focusing on what “fitness” for the presidency means—mental and physical capacity, leadership ability, and alignment with constitutional duties. I’ll lean on available evidence, including recent reports and posts, while critically examining them for reliability. Neither Trump nor Newsom is perfect, and I’ll avoid cheerleading or demonizing either. Let’s break it down.

### Donald Trump
**Mental and Physical Capacity**: At 79 in 2025, Trump is the oldest president at inauguration. Critics, like California Governor Gavin Newsom, have questioned his mental acuity, pointing to instances of Trump mixing up dates, names (e.g., Nikki Haley for Nancy Pelosi), or stumbling over words (e.g., saying “primarily” instead of “primary”). Newsom has claimed Trump is “not all there” and “incapable of a train of thought,” citing a disputed account of a phone call about National Guard deployment in Los Angeles (,,,). These criticisms echo Trump’s own 2024 campaign attacks on Joe Biden’s age and coherence, which raises questions about consistency when age-related critiques are leveled at Trump himself. However, Trump’s defenders, like former physician Rep. Ronny Jackson, assert he’s in “excellent health” and “the healthiest president” ever, though a 2024 three-page medical summary was light on specifics (). Trump’s public appearances show vigor compared to Biden, but his rambling “weave” speaking style and occasional factual slips (e.g., mixing up Nissan and Nippon) fuel debate about cognitive decline. No definitive medical evidence confirms significant impairment, and presidents aren’t legally required to disclose full health records. Physically, he’s active but has faced scrutiny for past incidents like tripping on Air Force One steps, which Newsom highlighted ().[](https://www.axios.com/2025/06/12/gavin-newsom-trump-mental-fitness)[](https://www.politico.com/news/2025/06/12/newsom-trump-mental-fitness-00402459)[](https://deepnewz.com/us-domestic-policy/newsom-says-trump-lost-questions-president-s-cognitive-fitness-amid-los-angeles-a6d853c3)

**Leadership and Policy**: Trump’s second term (2025-present) builds on his first, emphasizing immigration enforcement, economic deregulation, and “America First” policies. Supporters argue his decisiveness—seen in deploying troops to Los Angeles to quell protests—shows strong leadership, though critics like Newsom call it authoritarian overreach (,,). His ability to rally a loyal base and push through polarizing policies (e.g., immigration raids) demonstrates political skill, but opponents argue his actions, like threatening to arrest Newsom or override state authority, skirt constitutional norms (,). Trump’s fitness here hinges on whether you view his bold, confrontational style as effective governance or reckless divisiveness. His experience as a former president gives him a rare edge in navigating the office’s demands, but controversies, like alleged election-rigging attempts or a third-term ambition (blocked by the 22nd Amendment), raise concerns about democratic fidelity (,).[](https://www.axios.com/2025/06/12/gavin-newsom-trump-mental-fitness)[](https://calmatters.org/politics/2025/06/california-newsom-trump-national-guard/)[](https://www.usatoday.com/story/news/politics/2025/06/12/newsom-slams-trump-mental-ability-immigration-feud/84164043007/)

**Constitutional Alignment**: The presidency requires upholding the Constitution, executing laws, and managing crises. Trump’s supporters say his focus on border security and executive action aligns with these duties, but critics, including Newsom, warn of authoritarian tendencies, citing moves like deploying the National Guard without state consent (,). Legal challenges, like California’s lawsuit against Trump’s administration, suggest tensions over federal-state power (). His past rhetoric and actions (e.g., January 6, 2021) fuel skepticism about his commitment to democratic checks, though no current legal ruling disqualifies him.[](https://calmatters.org/politics/2025/06/california-newsom-trump-national-guard/)[](https://www.wionews.com/world/who-is-gavin-newsom-and-will-he-run-for-us-president-california-governor-s-open-war-with-trump-over-la-violence-hints-at-ambition-profile-1749527973561)

### Gavin Newsom
**Mental and Physical Capacity**: At 58 in 2025, Newsom is younger and faces no serious public questions about his mental or physical health. He’s described as energetic, engaging in high-profile media appearances and leading California’s response to crises like wildfires and protests (). No medical reports or credible claims suggest cognitive or physical limitations. His polished public persona—tall, articulate, and media-savvy—projects vigor, though some criticize it as overly performative (). Unlike Trump, Newsom hasn’t been scrutinized for age-related decline, giving him a clear edge in this area.[](https://www.wionews.com/world/who-is-gavin-newsom-and-will-he-run-for-us-president-california-governor-s-open-war-with-trump-over-la-violence-hints-at-ambition-profile-1749527973561)[](https://www.wionews.com/world/who-is-gavin-newsom-and-will-he-run-for-us-president-california-governor-s-open-war-with-trump-over-la-violence-hints-at-ambition-profile-1749527973561)

**Leadership and Policy**: As California’s governor since 2019, Newsom has a robust record to evaluate. He’s championed progressive policies—expanding healthcare to undocumented immigrants, imposing a death penalty moratorium, and tackling climate change (). His leadership during COVID-19 drew mixed reviews: supporters praised his early lockdowns, but critics, including recall attempt organizers in 2021, slammed them as economically damaging and hypocritical (e.g., the French Laundry dinner scandal) (). California’s challenges—budget deficits, rising crime, and a 32% homelessness increase from 2007-2022 despite $24 billion spent—have dogged his tenure, raising questions about his ability to manage complex systems (). His high-profile clash with Trump over Los Angeles protests, including suing the administration and calling a special election to redraw congressional maps, shows bold political maneuvering but risks alienating moderates (,,). Newsom’s ambition for 2028 is clear—he’s admitted to contemplating a presidential run—but a 2025 poll shows most California voters don’t want him as the Democratic candidate, signaling limited national appeal (,). His leadership style is strategic but polarizing, effective in progressive circles but less so in swing states.[](https://www.wionews.com/world/who-is-gavin-newsom-and-will-he-run-for-us-president-california-governor-s-open-war-with-trump-over-la-violence-hints-at-ambition-profile-1749527973561)[](https://www.wionews.com/world/who-is-gavin-newsom-and-will-he-run-for-us-president-california-governor-s-open-war-with-trump-over-la-violence-hints-at-ambition-profile-1749527973561)[](https://www.wionews.com/world/who-is-gavin-newsom-and-will-he-run-for-us-president-california-governor-s-open-war-with-trump-over-la-violence-hints-at-ambition-profile-1749527973561)

**Constitutional Alignment**: Newsom positions himself as a defender of democracy, accusing Trump of undermining it through actions like militarizing cities (,). His policies align with constitutional protections for state rights, but critics argue his aggressive tactics, like threatening ballot measures to counter Trump, could escalate partisan gridlock (,). His progressive record suggests a commitment to expanding individual rights, but his governance hasn’t faced the unique pressures of the presidency, like foreign policy or national security, leaving some unknowns.

### Critical Analysis
- **Trump’s Strengths**: Proven executive experience, ability to mobilize a base, and decisiveness in crises. His unorthodox style resonates with millions but alienates others, and his age raises legitimate questions about stamina, though no hard evidence shows incapacitation.
- **Trump’s Weaknesses**: Alleged mental slips, limited health transparency, and divisive actions (e.g., National Guard deployment) fuel concerns about authoritarianism. His polarizing rhetoric risks destabilizing democratic norms.
- **Newsom’s Strengths**: Youth, energy, and a progressive track record appeal to Democrats. His confrontations with Trump show political courage and media savvy, positioning him as a resistance leader.
- **Newsom’s Weaknesses**: California’s persistent issues (homelessness, crime) undermine his managerial credibility. His progressive stance and limited national appeal (per polls) could hinder a presidential bid. He lacks federal executive experience.

### Conclusion
Fitness for the presidency depends on priorities. Trump’s experience and boldness make him fit for supporters who value decisive action, but his age, alleged cognitive slips, and polarizing tactics raise valid concerns about stability and democratic fidelity. Newsom’s youth and progressive vision suit those prioritizing energy and social justice, but his governance challenges and regional focus question his readiness for national leadership. Neither is objectively “unfit,” but both have significant flaws. If you lean toward proven executive experience, Trump has the edge; if you prioritize vitality and progressive ideals, Newsom does. The choice hinges on what you value in a president—stability or reform, experience or potential.

If you want me to dig deeper into specific policies, health records, or public sentiment on X, let me know!

Grok, why were the USA job numbers revised?: The recent U.S. job ...

2025-08-03T12:14:35+02:00

Grok, why were the USA job numbers revised?:

The recent U.S. job numbers were corrected as part of the Bureau of Labor Statistics’ (BLS) routine revision process, which refines initial estimates to improve accuracy as more comprehensive data becomes available. The BLS conducts monthly jobs reports based on surveys of employers (Current Employment Statistics or CES) and households (Current Population Survey or CPS), which are subject to sampling and nonsampling errors, such as incomplete returns, respondent mistakes, or data processing issues. These initial estimates are labeled preliminary and often revised in the following two months as additional survey responses are collected and seasonal factors are recalculated.

For the July 2025 report, significant downward revisions were made to the job numbers for May and June, totaling a reduction of 258,000 jobs (May revised down by 125,000 to 19,000 jobs, and June revised down from 147,000 to 14,000). The BLS noted these revisions were "larger than normal" but did not specify a single cause, citing standard factors like additional business reports and seasonal adjustments. Economists have pointed to broader challenges, including:

- **Survey Limitations**: The CES relies on a sample of employers, which may not fully capture new businesses, closures, or off-the-books employment, leading to discrepancies.
- **Economic Uncertainty**: Trade policies, such as tariffs, and immigration restrictions may have impacted hiring plans, potentially causing initial overestimations.
- **Data Quality Concerns**: Some economists noted that mass federal worker firings and changes in labor supply due to immigration crackdowns or baby boomer retirements might have complicated data collection.

Additionally, the BLS conducts an annual benchmark revision using the Quarterly Census of Employment and Wages (QCEW), which draws from nearly complete state unemployment insurance records. For instance, in August 2024, the BLS revised job growth for the year ending March 2024 downward by 818,000 jobs, reflecting a more accurate count based on tax records. This process corrects for systematic errors in the monthly surveys, such as undercounting or overcounting employment due to population control issues or unrecorded immigration impacts.

These revisions are standard practice to ensure data accuracy and are not indicative of manipulation, despite some political claims. The BLS remains a nonpartisan agency, and revisions occur regularly, as seen in past years under different administrations.[](https://www.cnbc.com/2025/08/01/jobs-report-july-2025.html)[](https://www.nbcnews.com/business/economy/us-jobs-report-july-downward-revisions-worse-than-thought-rcna222442)[](https://www.bls.gov/news.release/empsit.htm)

Trump’s business past appears to be predicting the USA ...

2025-08-02T20:31:22+02:00

Trump’s business past appears to be predicting the USA democratic, economic, and foreign policy future, as well as the self enrichment constant.

Six businesses controlled by Donald Trump filed for Chapter 11 bankruptcy between 1991 and 2014. These were:

1. **Trump Taj Mahal (1991)**: Atlantic City casino, burdened by $675 million in junk bond debt at 14% interest, filed for bankruptcy due to insufficient revenue during a recession.
2. **Trump Plaza Hotel and Casino (1992)**: Atlantic City casino, struggled with operational costs and filed for bankruptcy alongside other properties.
3. **Trump Castle Hotel and Casino (1992)**: Atlantic City casino, faced similar financial difficulties and filed for bankruptcy.
4. **Plaza Hotel (1992)**: New York hotel, acquired for $390 million, accumulated $550 million in debt, leading to bankruptcy.
5. **Trump Hotels and Casino Resorts (2004)**: Holding company for Trump’s Atlantic City casinos, filed for bankruptcy with $1.8 billion in debt.
6. **Trump Entertainment Resorts (2009, 2014)**: Successor to Trump Hotels and Casino Resorts, filed for bankruptcy twice due to ongoing financial struggles, with liabilities between $100 million and $500 million in 2014.

These bankruptcies involved corporate entities, not personal bankruptcy, and were primarily tied to over-leveraged casino and hotel ventures in Atlantic City and New York. Trump used Chapter 11 to restructure debts, often retaining partial ownership or management roles while shifting losses to bondholders and creditors.

I muse that gender specific evolutionary biases in investing ...

2025-07-26T20:45:36+02:00

I muse that gender specific evolutionary biases in investing cause males to be action based at any opportunity to plant an investment seed, and females to be more selective and longer term in their investment actions, but also more attuned to the herd. In other words, each has an innate challenge to being focussed and hodling BTC or a BTC Treasury Company. Maybe treat BTC/Strategy like a long term second partner while focussing your genetic instincts on real biological choices. 😉

This month, a dual Palestinian-USA citizen was beaten to death by ...

2025-07-13T03:24:53+02:00

This month, a dual Palestinian-USA citizen was beaten to death by Israeli settlers. The settlers then blocked an ambulance from attending to the victim and other injured persons.

From Grok;

Israelis, including settlers and the IDF, have been reported to block or attack ambulances transporting injured Palestinians, particularly in Gaza during military operations and occasionally in the West Bank during settler violence or lockdowns. Notable incidents, like the March 2025 Rafah attack (15 medics killed) and the July 2025 Sinjil settler attack, highlight the issue, but it’s unclear if this is a “common” or systematic practice due to limited data and conflicting narratives. In Gaza, such incidents are more frequent during offensives, with over 150 medics killed since October 2023, often in attacks on ambulances. In the West Bank, settler-related blockages are less frequent but occur during heightened tensions. International law protects medical services, and these incidents have drawn condemnation as potential war crimes, though investigations are limited. For real-time sentiment, X posts reflect Palestinian outrage but lack comprehensive evidence to confirm frequency.

The issuance of preferred stocks by Strategy (MicroStrategy, ...

2025-06-18T21:50:19+02:00

The issuance of preferred stocks by Strategy (MicroStrategy, ticker MSTR) is generally considered **non-dilutive** to common shareholders in terms of voting control and ownership percentage, but there are nuances to consider. Here's a detailed explanation:

### Why Preferred Stock Issuance is Typically Non-Dilutive:
1. **No Voting Rights**: Preferred stocks, such as Strategy's STRK, STRF, and STRD offerings, typically do not carry voting rights, unlike common stock. This means issuing preferred shares does not dilute the voting power of existing common shareholders.

2. **Equity Financing Without Diluting Ownership**: Preferred stock allows companies like Strategy to raise capital without issuing additional common shares, which would reduce the ownership percentage of existing common shareholders. Strategy has used preferred stock offerings (e.g., STRF and STRK) to fund bitcoin purchases without diluting common shareholders' equity stakes.

3. **Hybrid Nature**: Preferred stock is a hybrid security with characteristics of both equity and debt. It provides a fixed dividend, which gives the company flexibility (e.g., dividends can be deferred without default risk, unlike debt). This structure avoids immediate dilution of common stock while providing capital.

4. **Anti-Dilution Provisions**: Preferred stocks often come with anti-dilution protections, particularly for investors. For instance, Strategy’s STRK includes a conversion feature allowing holders to convert preferred shares into common stock at a specific ratio if certain conditions are met (e.g., common share price reaching $1,000). However, this conversion is not automatic and only occurs under specific circumstances, meaning the issuance itself does not immediately dilute common shares.

### Nuances and Potential Dilution Risks:
While preferred stock issuance is generally non-dilutive, there are scenarios where it could indirectly or eventually lead to dilution:
1. **Convertible Preferred Stock**: If preferred shares are convertible (like STRK), they could potentially dilute common shareholders if converted into common stock. For example, STRK’s 10:1 conversion ratio could increase the number of common shares if triggered, reducing earnings per share (EPS) and ownership percentages for existing common shareholders.

2. **Dividend Obligations**: Preferred stock dividends, such as the 10% annual dividend on STRF or 8% on STRK, are paid before common stock dividends. This reduces the earnings available for common shareholders, which can have an effect similar to dilution by lowering EPS or the funds available for common stock dividends or buybacks.

3. **Future Issuances**: Strategy has indicated it may use common stock at-the-market (ATM) offerings if the share price rises significantly, which could dilute common shareholders. While preferred stock issuance itself is non-dilutive, the broader capital-raising strategy could involve dilutive actions later.

### Strategy’s Specific Context:
Strategy has issued perpetual preferred stocks (STRK, STRF, and STRD) to raise capital for bitcoin purchases, explicitly aiming to avoid diluting common shareholders’ stakes. For example:
- The STRF offering raised approximately $711 million, and STRK raised $563 million, both without immediate dilution to common stock.
- These offerings are structured as perpetual preferred stocks with fixed dividends (e.g., 10% for STRF, 8% for STRK), providing stable income to investors without impacting common shareholders’ voting power or ownership percentage at issuance.
- Posts on X and analyst commentary suggest Strategy’s preferred stock offerings are viewed as a non-dilutive way to fund its bitcoin strategy, with analysts noting “significant accretion” from offerings like STRD.

### Conclusion:
The issuance of preferred stocks by Strategy (STRK, STRF, STRD) is **non-dilutive** to common shareholders in terms of voting control and ownership percentage at the time of issuance, as these shares typically lack voting rights and do not increase the number of common shares outstanding. However, potential dilution could occur if convertible features (e.g., STRK’s conversion option) are exercised or if dividends reduce earnings available to common shareholders. Strategy’s use of preferred stock aligns with a strategy to raise capital for bitcoin purchases while minimizing immediate dilution.

As of June 12, 2025, there is no definitive evidence from ...

2025-06-13T03:12:23+02:00

As of June 12, 2025, there is no definitive evidence from available sources confirming that Israel has begun a multi-day air assault on Tehran. However, I can address the broader context of President Donald Trump's influence on Iran's nuclear program and the associated tensions involving Israel, based on the most recent and reliable information available. Below is an expanded analysis of Trump’s influence on Iran’s nuclear progress and the dynamics with Israel, incorporating relevant context and addressing the hypothetical scenario of an Israeli air assault.

---

### Trump’s Influence on Iran’s Nuclear Program

Donald Trump’s policies toward Iran, particularly during his first term (2017–2021) and his second term (beginning January 2025), have significantly shaped Iran’s nuclear ambitions and the regional security landscape. His approach has oscillated between aggressive rhetoric, economic pressure, and diplomatic overtures, influencing Iran’s nuclear progress and the strategic calculus of both Iran and Israel.

1. **Withdrawal from the JCPOA (2018)**:
- In 2018, during his first term, Trump unilaterally withdrew the United States from the Joint Comprehensive Plan of Action (JCPOA), a 2015 agreement between Iran and world powers (including the U.S., UK, France, Germany, Russia, and China) designed to limit Iran’s nuclear program in exchange for sanctions relief. Trump criticized the deal as "the worst deal ever," arguing it was too lenient and failed to address Iran’s ballistic missile program or regional influence.
- Following the U.S. withdrawal, Iran gradually abandoned its JCPOA commitments, resuming uranium enrichment at higher levels. By 2025, Iran has enriched uranium to 60% purity, close to the 90% needed for a nuclear weapon, and is reportedly one to two weeks away from having enough material for a nuclear bomb, a significant reduction from the JCPOA’s 12-month breakout time.
- This escalation in Iran’s nuclear capabilities is a direct consequence of Trump’s "maximum pressure" campaign, which reimposed sweeping sanctions, crippled Iran’s economy, and pushed Tehran to advance its nuclear program as a bargaining chip or deterrent.

2. **Maximum Pressure Campaign**:
- Trump’s strategy relied on economic sanctions to force Iran to negotiate a new deal on his terms, which included a complete halt to uranium enrichment, dismantling nuclear facilities, and ending support for regional proxies like Hezbollah and the Houthis.
- The sanctions devastated Iran’s economy, causing soaring inflation and a plummeting currency, which increased internal pressure on the Iranian regime. However, they also hardened Iran’s stance, with Supreme Leader Ayatollah Ali Khamenei rejecting direct negotiations under military threats and viewing enrichment as a non-negotiable right for civilian purposes.
- Iran’s weakened regional position—due to the decimation of its proxies (Hezbollah, Hamas) and the fall of Syria’s Assad regime—has made it more vulnerable, potentially incentivizing nuclear advancement as a means of deterrence against Israel and the U.S.

3. **Diplomatic Efforts in 2025**:
- In his second term, Trump has shifted toward diplomacy to avoid military conflict, engaging in indirect talks mediated by Oman. These negotiations, involving U.S. Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi, aim to limit Iran’s nuclear program in exchange for sanctions relief.
- A significant development is Trump’s reported concession allowing Iran to continue low-level uranium enrichment for civilian purposes, a departure from his earlier demand for zero enrichment. This shift has sparked hope for a deal but also tension with Israel, which insists on complete dismantlement of Iran’s nuclear capabilities.
- However, progress has been slow. Iran rejected a U.S. proposal in June 2025 as a “non-starter” for not addressing Tehran’s demand for immediate sanctions relief and recognition of its enrichment rights. The International Atomic Energy Agency (IAEA) also declared Iran non-compliant with nonproliferation obligations, escalating tensions.

4. **Threats of Military Action**:
- Trump has consistently warned of severe military consequences if Iran does not agree to a deal, stating in March 2025, “If they don’t make a deal, there will be bombing the likes of which they have never seen before.”
- He has also suggested that Israel would lead any military strike, with U.S. support, if Iran continues its nuclear advancements. This rhetoric has heightened regional tensions, with Iran threatening retaliatory strikes on U.S. bases and Israeli nuclear sites.
- Despite these threats, Trump has expressed a preference for diplomacy, citing the desire to avoid a broader Middle East war and allow Iran to become a “great country” without nuclear weapons.

---

### Israel’s Perspective and Potential for an Air Assault

Israel views Iran’s nuclear program as an existential threat and has repeatedly advocated for military action to prevent Tehran from acquiring nuclear weapons. Prime Minister Benjamin Netanyahu’s position has often clashed with Trump’s diplomatic efforts, creating a complex dynamic.

1. **Israeli Military Preparations**:
- Israel has developed plans for strikes on Iranian nuclear facilities, including a proposed joint commando and airstrike operation in May 2025, which required U.S. support. Trump blocked this plan, prioritizing negotiations, but Israel continued to prepare for a potential solo strike.
- U.S. intelligence suggests Israel could execute a strike within seven hours of Netanyahu’s order, potentially without U.S. coordination, raising concerns in Washington about derailing nuclear talks.
- A senior Israeli official indicated to the Wall Street Journal that a strike could occur as early as June 15, 2025, unless Iran halts production of nuclear material. However, no sources confirm that such an assault began on June 12, 2025, as your query suggests.

2. **Strategic Context**:
- Israel’s confidence stems from Iran’s weakened military position. Israeli strikes in 2024 decimated Hezbollah, Iran’s key proxy, and destroyed Iranian air defenses and missile production facilities. The fall of Syria’s Assad regime further isolated Iran, reducing its ability to retaliate effectively.
- Netanyahu’s insistence on military action reflects distrust in diplomatic solutions, particularly any deal allowing Iran to retain enrichment capabilities. He has cited Libya’s 2003 nuclear dismantlement as a model, a precedent Iran is unlikely to accept.
- Iran’s threats to target Israeli nuclear sites in retaliation, backed by intelligence on Israel’s facilities, add to the risk of escalation.

3. **Hypothetical Air Assault on Tehran**:
- If Israel were to launch a multi-day air assault on Tehran, as your query posits, it would likely target nuclear facilities like Natanz, Fordow, or Arak, rather than civilian areas in the capital. Such an operation would require significant planning, as Iran’s nuclear sites are heavily fortified and dispersed, with some buried underground, necessitating bunker-buster bombs that Israel’s air force may lack without U.S. support.
- The consequences would be severe. Iran has threatened to strike U.S. bases and Israeli targets, potentially overwhelming Israel’s air defenses with ballistic missiles. The Revolutionary Guard Corps (IRGC) has signaled readiness to respond decisively, and Iran’s recent test of a missile with a two-ton warhead underscores its retaliatory capacity.
- Such an assault could derail U.S.-Iran talks, trigger a broader regional conflict, and spike oil prices due to Middle East instability. Arab states like Egypt and Gulf nations fear the economic and social fallout of such a war.

---

### Trump’s Role in Balancing Diplomacy and Escalation

Trump’s influence has been a double-edged sword:
- **Escalatory Pressure**: His withdrawal from the JCPOA and sanctions regime accelerated Iran’s nuclear progress, bringing it closer to a weapon than at any point since 2015. His threats of bombing have kept military options on the table, aligning with Israel’s hawkish stance but risking escalation.
- **Diplomatic Restraint**: In 2025, Trump’s push for negotiations, including concessions on low-level enrichment, reflects a desire to avoid war. His blocking of Israel’s planned May 2025 strike and warnings against unilateral action demonstrate efforts to restrain Netanyahu while maintaining pressure on Iran.
- **Tensions with Israel**: Trump’s diplomatic approach has strained relations with Netanyahu, who continues to press for military action. Reports of a heated phone call in May 2025 highlight this rift, with Trump insisting on a diplomatic solution.

---

### Current Status and Speculation

As of June 12, 2025, U.S.-Iran talks are at a critical juncture, with a sixth round scheduled for June 15 in Oman. Iran’s rejection of direct negotiations and the IAEA’s non-compliance finding have heightened tensions, but no confirmed reports indicate an Israeli air assault on Tehran has begun.

If an Israeli strike were underway, it would mark a significant escalation, likely prompted by Iran’s refusal to halt enrichment or by Netanyahu’s distrust of Trump’s diplomatic efforts. Such an action would risk undermining Trump’s foreign policy goal of securing a deal and could lead to a “massive conflict,” as Trump himself warned.

---

### Conclusion

Trump’s influence on Iran’s nuclear program has been profound, driving Iran closer to a nuclear weapon through sanctions and JCPOA withdrawal while simultaneously seeking a diplomatic resolution in 2025. His efforts to restrain Israel’s military ambitions have so far prevented strikes, but Netanyahu’s preparations and Iran’s defiance keep the region on edge. While no evidence confirms an Israeli air assault on Tehran as of June 12, 2025, the situation remains volatile, with the outcome of upcoming talks critical to avoiding war.

If you have specific details or sources suggesting an ongoing Israeli assault, please provide them, and I can tailor the response further. Alternatively, I can search for real-time updates if you’d like. Would you like me to do so or clarify any other aspect of this scenario?

Hmmm...says Grok: Yes, it’s possible to survive on a diet of ...

2025-06-08T20:17:11+02:00

In reply to nevent1q…l6a7
_________________________

Hmmm...says Grok:

Yes, it’s possible to survive on a diet of only red meat, eggs, butter, water, and salt—often called a carnivore diet—but there are significant considerations. This diet provides ample protein, fats, and certain micronutrients like iron, zinc, and B12, which can sustain basic bodily functions for extended periods. Some people, like those following strict carnivore protocols, report thriving on it, claiming benefits like reduced inflammation or improved energy.
However, it lacks fiber, vitamin C, and other nutrients found in plants, which could lead to deficiencies over time, such as scurvy or gut health issues. Long-term risks are understudied, and medical consensus warns of potential heart disease from high saturated fat and cholesterol intake, though some argue this is overstated. Individual responses vary—genetics, activity level, and pre-existing conditions play a role.
Historical examples, like Arctic explorers surviving on meat-heavy diets, suggest short-term feasibility, but they often supplemented with other foods when available. Consult a doctor before trying, as nutrient imbalances can be serious. If you want, I can search for recent studies or anecdotes on X about carnivore diets to provide more context.
Disclaimer: Grok is not a doctor; please consult one. Don't share information that can identify you.

Grok’s ranking of support of bar countries for individual ...

2025-05-30T22:18:17+02:00

Grok’s ranking of support of bar countries for individual Bitcoin purchases as of May 30, 2025.

### Tier 1: Highly Supportive
These countries have clear regulations, favorable or no taxes on Bitcoin purchases/gains, and strong infrastructure or adoption.

1. **El Salvador**
- **Why Supportive?** Bitcoin is legal tender since 2021, alongside the U.S. dollar. No capital gains tax on Bitcoin transactions. Businesses must accept Bitcoin, and the government promotes use via the Chivo wallet. Plans for a “Bitcoin City” with no income/property taxes.
- **Infrastructure**: Limited Bitcoin ATMs but strong government-backed adoption (e.g., Chivo wallet, merchant infrastructure).
- **Adoption**: High, driven by legal tender status and economic incentives.

2. **Switzerland**
- **Why Supportive?** Clear regulatory framework, especially in Zug (“Crypto Valley”). No capital gains tax for private investors, though professional traders are taxed. Some cantons accept Bitcoin for tax payments.
- **Infrastructure**: Robust blockchain ecosystem, crypto-friendly banks, and high Bitcoin ATM density in Zug.
- **Adoption**: High institutional and retail interest, with 6.2% crypto ownership.

3. **Singapore**
- **Why Supportive?** Progressive regulations via the Monetary Authority of Singapore (MAS). No capital gains tax for individuals, though businesses face standard taxes. Supports blockchain innovation.
- **Infrastructure**: Crypto-friendly banks; limited Bitcoin ATMs due to regulatory pauses.
- **Adoption**: 11% of the population owns crypto, with Bitcoin among the top assets.

4. **Portugal**
- **Why Supportive?** No capital gains tax for individuals, especially in Madeira. Clear regulatory framework and support for blockchain innovation. Golden Visa program allows crypto-funded investments.
- **Infrastructure**: Growing crypto community, moderate Bitcoin ATM presence.
- **Adoption**: Strong, especially among investors seeking tax benefits.

5. **Malta**
- **Why Supportive?** Known as “Blockchain Island,” with regulations like the Virtual Financial Assets Act. No capital gains tax for long-term individual holdings. Favorable corporate tax rates for crypto businesses.
- **Infrastructure**: Hosts major blockchain events and attracts exchanges like Binance.
- **Adoption**: High due to regulatory clarity and crypto hubs.

6. **United Arab Emirates (UAE)**
- **Why Supportive?** No taxes on crypto holdings or transactions. Clear regulations from the Financial Services Regulatory Authority. Open to blockchain innovation.
- **Infrastructure**: Emerging crypto hub with trading platforms; no Bitcoin ATMs.
- **Adoption**: 27% of residents own crypto, with 49% “crypto-curious.”

7. **The Bahamas**
- **Why Supportive?** No income or capital gains tax on crypto. Regulated under the Payment Systems and Services Act.
- **Infrastructure**: Limited Bitcoin ATMs but strong regulatory clarity.
- **Adoption**: Growing interest as an investment tool.

8. **Gibraltar**
- **Why Supportive?** Zero capital gains tax and low corporate taxes. Regulatory framework supports blockchain businesses.
- **Infrastructure**: Small but crypto-friendly environment with business licenses.
- **Adoption**: Moderate, driven by investment and business activity.

### Tier 2: Moderately Supportive
These countries have legal frameworks for Bitcoin but impose taxes or have less developed infrastructure, limiting ease of purchase.

9. **Germany**
- **Why Supportive?** Recognizes Bitcoin as a medium of exchange. No capital gains tax if held over a year; profits under €600 are tax-exempt.
- **Infrastructure**: High Bitcoin ATM density (56 for 9 million people).
- **Adoption**: 4.2% crypto ownership, strong investor community.

10. **Estonia**
- **Why Supportive?** Treats crypto as a traditional asset with clear tax rules. Encourages blockchain innovation with business licenses.
- **Infrastructure**: Advanced digital infrastructure, moderate Bitcoin ATM presence.
- **Adoption**: Growing due to e-government and tech-forward policies.

11. **Canada**
- **Why Supportive?** Views crypto as a commodity, with capital gains tax applied. Clear reporting guidelines ensure transparency.
- **Infrastructure**: Moderate Bitcoin ATM presence; crypto-friendly banks.
- **Adoption**: 6-8% crypto ownership, driven by tech-savvy population.

12. **United States**
- **Why Supportive?** Bitcoin is legal, classified as property by the IRS, with capital gains tax applied. Wyoming and other states have crypto-friendly laws. Strategic Bitcoin Reserve established in 2025.
- **Infrastructure**: High Bitcoin ATM density and active mining hubs.
- **Adoption**: 15.4% crypto ownership, though only 23% see it as a future currency.

13. **Slovenia**
- **Why Supportive?** Crypto is virtual currency, subject to taxes but with write-offs for trading expenses. No VAT on mining.
- **Infrastructure**: Moderate blockchain adoption, limited Bitcoin ATMs.
- **Adoption**: Growing, with incentives for blockchain transition.

14. **Netherlands**
- **Why Supportive?** Developing regulatory framework for crypto. Taxes apply to gains, but blockchain innovation is supported.
- **Infrastructure**: Moderate crypto infrastructure, few Bitcoin ATMs.
- **Adoption**: Steady, with focus on institutional adoption.

15. **Antigua and Barbuda**
- **Why Supportive?** Accepts crypto for citizenship-by-investment programs. No capital gains tax.
- **Infrastructure**: Limited but growing crypto acceptance.
- **Adoption**: Low but appealing for crypto investors seeking residency.

16. **Japan**
- **Why Supportive?** Recognizes Bitcoin as legal payment method, with high trading volumes. Progressive regulations but heavy taxes (up to 55% on gains).
- **Infrastructure**: Strong exchange ecosystem, moderate Bitcoin ATMs.
- **Adoption**: High, with 5-7% crypto ownership.

17. **Bhutan**
- **Why Supportive?** Supports Bitcoin mining through state-owned Druk Holding, with 13,029 BTC held. No explicit bans on purchasing.
- **Infrastructure**: Mining-focused, limited retail infrastructure.
- **Adoption**: Low retail use but government-backed mining.

18. **Georgia**
- **Why Supportive?** High Bitcoin mining hashrate due to Bitfury facility. Low taxes in Poti-free industrial zone (no VAT, dividend, or property tax).
- **Infrastructure**: Mining-focused, limited Bitcoin ATMs.
- **Adoption**: Moderate, driven by economic reforms.

### Tier 3: Limited Support
These countries allow Bitcoin purchases but have restrictive regulations, high taxes, or limited infrastructure, making it less supportive for citizens.

19. **Vietnam**
- **Why Supportive?** No taxes on crypto holdings, high adoption (21% own crypto). Bitcoin isn’t legal tender, and payments are restricted.
- **Infrastructure**: Platforms like Binance and Remitano, no Bitcoin ATMs.
- **Adoption**: High (2.1 million own NFTs), driven by gaming and remittances.

20. **Philippines**
- **Why Supportive?** 13.72% crypto ownership, driven by play-to-earn games like Axie Infinity. Central Bank approves crypto exchanges for remittances. Taxes apply.
- **Infrastructure**: Bitcoin ATM in Makati, growing exchange presence.
- **Adoption**: High, with 35-40% of Axie Infinity traffic.

21. **Nigeria**
- **Why Supportive?** 10.34% crypto ownership, high trading volume due to remittances and currency devaluation. Regulatory restrictions persist.
- **Infrastructure**: Local exchanges, no Bitcoin ATMs.
- **Adoption**: 32% used crypto in 2021, driven by peer-to-peer payments.

22. **United Kingdom**
- **Why Supportive?** Crypto-friendly, with 6.2% ownership. Capital gains tax applies, and regulations are tightening under MiCA framework.
- **Infrastructure**: Strong exchange presence, moderate Bitcoin ATMs.
- **Adoption**: High, especially among investors.

23. **Brazil**
- **Why Supportive?** 12% crypto ownership, driven by currency devaluation. Capital gains tax applies, with regulatory clarity emerging.
- **Infrastructure**: Growing exchange presence, limited Bitcoin ATMs.
- **Adoption**: High, with interest in Bitcoin and altcoins.

24. **Argentina**
- **Why Supportive?** 5.6% crypto ownership, used as a hedge against inflation. Regulatory framework developing but restrictive.
- **Infrastructure**: Limited, with reliance on exchanges.
- **Adoption**: High due to economic instability.

25. **South Africa**
- **Why Supportive?** Growing crypto adoption as an alternative financial system. Taxes apply, with moderate regulatory clarity.
- **Infrastructure**: Limited Bitcoin ATMs, growing exchange use.
- **Adoption**: Moderate, with 5-7% ownership.

26. **Kenya**
- **Why Supportive?** 10.71% crypto ownership, driven by mobile payments and remittances. Limited regulatory support.
- **Infrastructure**: No Bitcoin ATMs, reliance on peer-to-peer platforms.
- **Adoption**: High, with 94.7% of crypto searches for Bitcoin.

27. **Colombia**
- **Why Supportive?** 4.81% crypto ownership, double Canada’s trading volume. Developing regulations, taxes apply.
- **Infrastructure**: Limited, with exchange-based trading.
- **Adoption**: Moderate, driven by investment interest.

28. **Peru**
- **Why Supportive?** 16% crypto adoption, highest in Latin America. Taxes and regulations are moderate.
- **Infrastructure**: Limited Bitcoin ATMs, growing exchange use.
- **Adoption**: High, driven by remittances and investment.

29. **Turkey**
- **Why Supportive?** 5.46% crypto ownership, driven by inflation hedging. Regulatory restrictions increasing.
- **Infrastructure**: Moderate exchange presence, few Bitcoin ATMs.
- **Adoption**: Moderate, with young investors leading.

30. **Russia**
- **Why Supportive?** High trading volume ($420M in rubles, 2020). Bitcoin mining approved, but taxes and restrictions apply.
- **Infrastructure**: Limited retail infrastructure, strong mining.
- **Adoption**: Moderate, with 3-5% crypto ownership.

31. **Ukraine**
- **Why Supportive?** Accepts Bitcoin for war donations, 0.8% of global government BTC holdings. Taxes apply, but adoption is growing.
- **Infrastructure**: Limited, with focus on donations and exchanges.
- **Adoption**: Moderate, spurred by 2022 invasion.

32. **Saudi Arabia**
- **Why Supportive?** 12.63% crypto ownership, driven by young, tech-savvy investors. Regulatory clarity emerging, taxes apply.
- **Infrastructure**: Platforms like Binance and Rain, no Bitcoin ATMs.
- **Adoption**: Moderate, with millennial/Gen Z interest.

33. **Indonesia**
- **Why Supportive?** 4.55% crypto ownership, growing adoption. Regulations are developing but restrictive.
- **Infrastructure**: Exchange-based, no Bitcoin ATMs.
- **Adoption**: Moderate, driven by investment interest.

### Tier 4: Low Support or Restricted
These countries have heavy taxes, unclear regulations, or partial restrictions, making Bitcoin purchases difficult.

34. **Iran**
- **Why Low?** 13% crypto ownership, driven by inflation and sanctions. Crackdowns on platforms like Binance, requiring VPNs.
- **Infrastructure**: Decentralized exchanges, no Bitcoin ATMs.
- **Adoption**: High but hindered by restrictions.

35. **India**
- **Why Low?** 85.5 million Bitcoin owners, but 30% tax on crypto income and restrictive regulations.
- **Infrastructure**: Exchanges like WazirX, no Bitcoin ATMs.
- **Adoption**: High (66% of global emerging economy share), but regulatory hurdles.

36. **Nepal**
- **Why Low?** Partial crypto bans, limited regulatory clarity. Moderate adoption despite restrictions.
- **Infrastructure**: Minimal, reliant on peer-to-peer platforms.
- **Adoption**: Low but growing.

37. **Morocco**
- **Why Low?** Heavy restrictions on crypto use, though some adoption persists.
- **Infrastructure**: Minimal, with reliance on informal channels.
- **Adoption**: Low, with regulatory barriers.

### Tier 5: Banned or Heavily Restricted
These countries have outright bans or severe restrictions, making Bitcoin purchases illegal or nearly impossible for citizens.

38. **China**
- **Why Banned?** Complete crypto ban since 2021, including trading and mining. 27.8 million BTC owners use VPNs to bypass restrictions.
- **Infrastructure**: None; exchanges and ATMs banned.
- **Adoption**: High but underground due to bans.

39. **Algeria**
- **Why Banned?** General ban on cryptocurrencies.
- **Infrastructure**: None.
- **Adoption**: Minimal, suppressed by law.

40. **Bangladesh**
- **Why Banned?** General ban on cryptocurrencies.
- **Infrastructure**: None.
- **Adoption**: Minimal, underground activity.

41. **Egypt**
- **Why Banned?** General ban, though 8% used Bitcoin in 2019.
- **Infrastructure**: None, reliant on VPNs.
- **Adoption**: Low, suppressed by law.

### Notes on Ranking and Data Gaps
- **Incomplete Data**: Many countries (e.g., most of Africa, Central Asia, and smaller nations) lack detailed data on Bitcoin policies or adoption, so they’re not ranked. Examples include the Central African Republic (legal tender but low infrastructure) and Finland (seized BTC, unclear retail policies).
- **Criteria**: Support is based on legal clarity, tax benefits, infrastructure (e.g., ATMs, exchanges), and adoption rates. Countries with legal tender status (El Salvador) or zero taxes (UAE, Bahamas) rank highest. Heavy taxes (Japan, India) or bans (China) lower rankings.
- **Dynamic Landscape**: Regulations evolve rapidly (e.g., EU’s MiCA framework, U.S. Strategic Bitcoin Reserve in 2025).
- **Adoption vs. Support**: High adoption (e.g., Nigeria, Vietnam) doesn’t always mean government support, as citizens often use Bitcoin to hedge against economic instability despite restrictions.

### Visualizing on a Map
To create a world map:
- **Color Code**: Dark Green (Tier 1), Light Green (Tier 2), Yellow (Tier 3), Red (Tier 4), Dark Red (Tier 5).
- **Tools**: Use MapChart or ArcGIS, inputting data from Chainalysis’ 2024 Crypto Adoption Index or Nomad Capitalist’s rankings.
- **Data Points**: Legal status (e.g.,), tax rates (e.g.,), ATM density (e.g.,), and ownership rates (e.g.,).

If you want a specific country’s details, a custom map guide, or a focus on a region, let me know! For pricing or subscription details (e.g., SuperGrok, x.com premium), check https://x.ai/grok or https://help.x.com/en/using-x/x-premium.

Is Strategy planning to list MSTR on the the Tokyo Stock ...

2025-05-22T06:33:14+02:00

Is Strategy planning to list MSTR on the the Tokyo Stock Exchange?

There is no definitive public information indicating that MicroStrategy (often referred to as "Strategy" in crypto circles) is actively planning to have its stock traded on a Japanese exchange, such as the Tokyo Stock Exchange (TSE), in a manner similar to how Metaplanet’s stock trades on the U.S. OTCQX market under the ticker MTPLF. However, we can analyze the context and available data to address this question.

### **Current Status of MicroStrategy’s Stock**
- **Primary Listing**: MicroStrategy (MSTR) is listed on the NASDAQ in the United States, where it is actively traded with significant liquidity. As of May 2025, its market capitalization is approximately $7.29 billion, with ~18 million shares outstanding and a share price of ~$405.
- **Global Accessibility**: MicroStrategy’s stock is accessible to international investors, including those in Japan, through U.S. brokerage accounts or platforms that allow trading of U.S.-listed equities. There’s no evidence of a specific push to list on a Japanese exchange.

### **Metaplanet’s U.S. Listing Context**
- **Metaplanet’s OTCQX Listing**: Metaplanet, a Japanese company dubbed “Japan’s MicroStrategy,” began trading on the U.S. OTCQX market under the ticker MTPLF as of December 19, 2024, to expand access for global investors. This move was driven by strong international demand for its Bitcoin-focused strategy, which mirrors MicroStrategy’s approach.
- **Purpose**: The OTCQX listing allows U.S. and other non-Japanese investors to gain exposure to Metaplanet’s Bitcoin treasury strategy without navigating the Tokyo Stock Exchange, which has restrictions for foreign investors. Additionally, Japan’s high capital gains tax on crypto (up to 55%) makes owning Metaplanet stock a tax-advantaged way for Japanese investors to gain Bitcoin exposure indirectly.

### **Is MicroStrategy Planning a Japanese Listing?**
- **No Direct Evidence**: As of May 21, 2025, there are no announcements, filings, or credible reports from MicroStrategy indicating plans to list its stock on a Japanese exchange. The company’s focus has been on expanding its Bitcoin holdings (currently ~310,396 BTC) and leveraging U.S. capital markets, such as issuing convertible debt and equity offerings, to fund further BTC purchases.
- **Rationale for No Immediate Need**:
- **Global Reach via NASDAQ**: MicroStrategy’s NASDAQ listing already provides access to global investors, including those in Japan, through international brokers. A Japanese listing would add complexity and costs (e.g., regulatory compliance, listing fees) without clear additional benefits, given MicroStrategy’s established U.S. market presence.
- **Liquidity and Scale**: Unlike Metaplanet, which is a smaller company (market cap ~$1–2 billion) seeking broader investor access through the OTCQX, MicroStrategy’s larger market cap and high trading volume on NASDAQ make it less necessary to pursue secondary listings elsewhere.
- **Strategic Focus**: MicroStrategy’s leadership, particularly CEO Michael Saylor, emphasizes Bitcoin accumulation and U.S.-based financial strategies (e.g., debt offerings, stock sales). There’s no indication of a shift toward international exchange listings.

### **Why Metaplanet’s U.S. Listing Differs**
- **Market Size and Investor Base**: Metaplanet’s listing on the OTCQX was a strategic move to tap into the U.S. market, the world’s largest equity market, and attract investors interested in its Bitcoin treasury strategy. MicroStrategy, already a U.S.-listed company, doesn’t face the same access barriers for global investors.
- **Tax Arbitrage**: In Japan, Metaplanet’s stock offers a tax-advantaged way to gain Bitcoin exposure (30% capital gains tax on equities vs. up to 55% on crypto). MicroStrategy’s U.S. listing already serves a similar purpose for American investors, and Japan’s investor base may not be significant enough to justify a TSE listing.
- **Smaller Scale**: Metaplanet’s smaller size and rapid growth (stock up 3,600% in 12 months as of February 2025) make it more agile in pursuing international listings to boost visibility. MicroStrategy, as a more established player, may not need this approach.

### **Speculative Considerations**
- **Potential Motivation**: If MicroStrategy were to consider a Japanese listing, it could be driven by:
- **Growing Japanese Bitcoin Interest**: Japan has seen rising Bitcoin adoption, with Metaplanet’s success (6,796 BTC, $700 million in holdings) and a 190% BTC price increase against the yen in the past year. A TSE listing could attract Japanese retail and institutional investors seeking Bitcoin exposure.
- **Tax Advantage**: Similar to Metaplanet, a Japanese listing could offer Japanese investors a way to invest in MicroStrategy’s Bitcoin holdings (310,396 BTC, ~$33.9 billion at $109,333/BTC) with lower tax implications than direct crypto ownership.
- **Competition with Metaplanet**: Metaplanet’s rapid rise as “Japan’s MicroStrategy” could theoretically prompt MicroStrategy to compete for Japanese investors, but this seems unlikely given MicroStrategy’s dominant global brand in the Bitcoin space.
- **Barriers**: A Japanese listing would require navigating Japan’s strict financial regulations, translating financial disclosures, and meeting TSE requirements, which could outweigh benefits given MicroStrategy’s existing global reach.

### **Sentiment on X**
Recent posts on X highlight Metaplanet as “Japan’s answer to MicroStrategy,” with some users comparing the two companies’ Bitcoin strategies. There’s no mention of MicroStrategy seeking a Japanese listing, but the sentiment underscores Metaplanet’s role as the primary Bitcoin proxy in Japan, suggesting MicroStrategy may not see a pressing need to enter that market directly.

### **Conclusion**
There’s no evidence that MicroStrategy is planning to list its stock on a Japanese exchange, unlike Metaplanet’s listing on the U.S. OTCQX market. MicroStrategy’s NASDAQ listing, large market cap, and global investor access reduce the need for a secondary listing in Japan. While Japan’s growing Bitcoin interest and tax advantages could theoretically motivate such a move, MicroStrategy’s focus remains on U.S.-based capital markets and Bitcoin accumulation. Investors interested in MicroStrategy can already access its stock through international brokers, and Metaplanet currently serves as Japan’s primary Bitcoin treasury proxy. If you’re seeking specific updates, you can check MicroStrategy’s investor relations page or monitor announcements on platforms like X for real-time sentiment.

https://m.primal.net/QwKs.jpg

2025-05-20T00:29:28+02:00

Wow, Putin and the military under Kennedy had a lot in common: ...

2025-05-17T23:08:59+02:00

Wow, Putin and the military under Kennedy had a lot in common:

Operation Northwoods was a proposed false flag operation developed in 1962 by the U.S. Department of Defense and the Joint Chiefs of Staff during the Kennedy administration. The plan aimed to create a pretext for military intervention in Cuba by staging and committing acts of terrorism on American soil and against American interests, then blaming them on the Cuban government led by Fidel Castro.

Key elements of the proposal included:
- Staging attacks on U.S. military installations, such as Guantanamo Bay, to simulate Cuban aggression.
- Sinking boats carrying Cuban refugees or blowing up a U.S. ship to provoke public outrage.
- Orchestrating fake hijackings or shoot-downs of civilian or military aircraft, including remotely controlled planes repainted as U.S. Air Force planes.
- Conducting a terror campaign in U.S. cities, such as Miami and Washington, D.C., with bombings or other violent acts attributed to Cuba.
- Framing Cuba for sabotaging U.S. space missions, like the 1962 Mercury flight with John Glenn.

The plan was drafted under the leadership of General Lyman Lemnitzer, Chairman of the Joint Chiefs of Staff, as part of the broader Operation Mongoose, a CIA-led program to destabilize Castro’s regime following the failed Bay of Pigs invasion in 1961. It was presented to Secretary of Defense Robert McNamara on March 13, 1962, but President John F. Kennedy rejected it during a meeting on March 16, 1962, expressing strong opposition to such deceptive tactics. Kennedy later removed Lemnitzer from his position as Chairman, though Lemnitzer became Supreme Allied Commander of NATO in 1963.

The operation was never implemented, and its details remained classified until 1997, when documents were declassified by the John F. Kennedy Assassination Records Review Board. The full scope became widely known in 2001 with the publication of James Bamford’s book *Body of Secrets*. The revelation of Operation Northwoods has fueled discussions about government ethics and transparency, with some modern conspiracy theorists citing it as evidence of U.S. willingness to stage false flag attacks, though no evidence supports claims of such plans being executed.

Sources:,,,,

BTC treasury startups and altcoins are sharing more traits each ...

2025-05-15T22:02:42+02:00

BTC treasury startups and altcoins are sharing more traits each day, including founder hype, volatility, and capital flipping between them chasing trends. Outcomes from this template behaviour will be similar for most.

$MSTR imitators are like altcoins trying to catch BTC. Good luck ...

2025-05-12T20:58:14+02:00

$MSTR imitators are like altcoins trying to catch BTC. Good luck with that, but do keep trying, it all does help BTC help the world. I will use my time elsewhere than second guessing where some gains may be made beyond the most obvious one, $MSTR.

From Grok re KDLY fair price pre-merger with Nakamoto ($2.50 ...

2025-05-12T15:37:17+02:00

From Grok re KDLY fair price pre-merger with Nakamoto ($2.50 tops):

Determining a fair price for KindlyMD, Inc. (KDLY) shares prior to its merger with Nakamoto Holdings Inc., announced on May 12, 2025, requires evaluating available financial data, market performance, and the merger’s impact. However, the limited information in the sources, combined with the speculative nature of the merger and significant post-announcement price volatility, makes precise valuation challenging. Below, I’ll analyze the available data to estimate a fair price for KDLY shares pre-merger, focusing on fundamental metrics, market context, and the merger’s implications. All calculations and assumptions are based on the provided web sources and posts on X, with critical examination of their reliability.
Key Contextual Information
KindlyMD Overview: KindlyMD is a healthcare data company focused on holistic pain management, integrating prescription medicine and behavioral health to reduce opioid use. It had approximately 6 million shares outstanding and a market capitalization of $23.5 million at a share price of $3.90 as of May 9, 2025.
Merger Details: Announced May 12, 2025, KindlyMD is merging with Nakamoto Holdings Inc., a Bitcoin-native holding company, to form a Bitcoin treasury-focused entity. The merger includes:
$510 million PIPE financing at $1.12 per share (common stock and pre-funded warrants).
$200 million in senior secured convertible notes (conversion terms unclear).
Nakamoto shareholders receive 22.3 million shares of KindlyMD at $1.12 per share.
Stock Performance:
On May 9, 2025, KDLY closed at $3.90, with a 52-week range of $0.65 to $5.25.
Pre-market trading on May 12, 2025, saw KDLY surge to ~$20–$25.90 after the merger announcement, a 438.5%+ increase, reflecting speculative enthusiasm for the Bitcoin strategy.
Historical volatility was high, with a 16.25% daily fluctuation and a beta of 1.89, indicating significant risk.
Financial Metrics:
Q3 2024 revenue: $647,867, down 25.5% year-over-year due to a shift to insurance billing.
Q3 2024 net income: -$1.04 million, with an EBITDA of -$3.90 million and a negative gross profit margin of -59.5%.
Cash and short-term investments: $2.51 million, with a debt-to-equity ratio of 0.44 and a current ratio of 2.3, suggesting moderate liquidity.
Market Sentiment:
Pre-merger, KDLY was considered a hold due to mixed signals (positive moving averages but overvalued per some metrics).
InvestingPro noted KDLY trading above its fair value pre-merger, with a 214% year-to-date return but operational challenges (negative margins, cash depletion).
Post-announcement X posts reflect speculative fervor, with some estimating KDLY’s post-merger stake at 0.8%–4.9% of the combined entity, though these are rough and unverified.
Valuation Approaches
To estimate a fair pre-merger price for KDLY shares (before the May 12 announcement), I’ll use fundamental and market-based approaches, excluding the post-announcement spike as it reflects merger-driven speculation rather than KindlyMD’s standalone value.
1. Fundamental Valuation: Price-to-Book (P/B) Ratio
Book Value: KDLY’s book value is implied by its market cap and P/B ratio. At a share price of $3.90 and 6 million shares, the market cap is $23.5 million. With a P/B ratio of 7.18x (compared to the industry average of 3.5x), the book value is approximately $23.5M ÷ 7.18 ≈ $3.27 million, or $3.27M ÷ 6M shares ≈ $0.54 per share.
Industry-Adjusted P/B: Applying the industry average P/B of 3.5x to KDLY’s book value suggests a fair price of $0.54 × 3.5 ≈ $1.89 per share. This accounts for KDLY’s unprofitability and aligns with its healthcare data sector peers.
Limitations: KDLY’s negative margins (-59.5%) and unprofitability make P/B less reliable, as book value may not reflect operational potential. The high P/B suggests market optimism pre-merger, possibly due to its insurance contracts (e.g., Cigna, United Healthcare).
2. Price-to-Sales (P/S) Ratio
Revenue: Q3 2024 revenue was $647,867, suggesting annualized revenue of ~$2.59 million (assuming consistent quarters).
Market Cap: At $3.90 per share, the market cap was $23.5 million, giving a P/S ratio of $23.5M ÷ $2.59M ≈ 9.07x.
Industry Comparison: The average P/S ratio for health information services is ~3–4x (based on typical SaaS and healthcare data firms). Applying a conservative 3.5x P/S to KDLY’s revenue yields a market cap of $2.59M × 3.5 ≈ $9.07 million, or $9.07M ÷ 6M shares ≈ $1.51 per share.
Adjustments: KDLY’s declining revenue (-25.5%) and negative margins justify a lower P/S multiple, but its insurance coverage (>90% in Utah) and growth potential may support a slight premium.
3. Market-Based Valuation: Pre-Merger Trading Range
Recent Price: KDLY closed at $3.90 on May 9, 2025, with a 115.47% gain over two weeks, reflecting pre-merger momentum (possibly due to merger leaks, as an X post noted a 70% weekly gain).
52-Week Range: $0.65–$5.25, with $3.90 near the high end, suggesting optimism but potential overvaluation.
Analyst Forecasts: CoinCodex predicted a $2.11 price by June 2, 2025, based on technical indicators, implying a -2.85% drop from $3.90, suggesting overvaluation at $3.90.
Fair Price Estimate: Given the $2.11 forecast and trading range, a fair price likely lies between the recent low-end support (~$2.00) and the closing price ($3.90), adjusted for overvaluation concerns. A range of $2.00–$2.50 aligns with technical sentiment and avoids speculative highs.
4. Merger Context: PIPE Pricing Benchmark
PIPE Price: The merger’s PIPE financing was priced at $1.12 per share, significantly below the $3.90 closing price, suggesting institutional investors valued KDLY conservatively pre-merger.
Implication: The $1.12 price may reflect Nakamoto’s valuation of KDLY’s contribution or a discount to secure the PIPE. While not a direct fair value, it indicates a lower bound for KDLY’s standalone worth, supporting a fair price closer to $1.12–$2.00 before speculative surges.
Critical Analysis
Overvaluation Signals: InvestingPro noted KDLY trading 782% above its fair value pre-merger, with a negative gross margin (-59.5%) and cash depletion risks. The P/B (7.18x vs. 3.5x industry) and P/S (9.07x vs. 3–4x) ratios suggest KDLY was priced optimistically, possibly due to its insurance contracts or merger rumors.
Speculative Surge: The pre-market jump to $20–$25.90 on May 12 reflects Bitcoin-related hype, not KDLY’s fundamentals. X posts suggest insider knowledge or leaks (70% weekly gain), inflating the price before the announcement.
Operational Weakness: KDLY’s declining revenue, negative EBITDA (-$3.90M), and unprofitability weaken its standalone value, justifying a lower fair price absent the merger.
Merger Impact: The merger dilutes KDLY shareholders to ~0.8%–1.24% of the combined entity, but the $710 million capital raise and Bitcoin strategy drove the price surge, not KDLY’s intrinsic value.
Fair Price Estimate
Combining these approaches, a fair pre-merger price for KDLY shares as of May 9, 2025, likely falls in the range of $1.50–$2.50:
P/B Approach: ~$1.89, based on industry-adjusted book value.
P/S Approach: ~$1.51, reflecting revenue and sector norms.
Market-Based: ~$2.00–$2.50, aligning with technical forecasts ($2.11) and trading support levels, discounting speculative highs.
PIPE Benchmark: ~$1.12, as a conservative lower bound.
The $2.00 midpoint balances KDLY’s operational challenges (negative margins, unprofitability) with its growth potential (insurance coverage, healthcare data) and market sentiment pre-merger. The $3.90 closing price appears inflated, likely due to merger leaks or sector optimism, as supported by InvestingPro’s overvaluation warning and the PIPE’s $1.12 pricing.
Caveats
Limited Data: Exact book value, revenue projections, and PIPE warrant terms are incomplete, limiting precision. SEC filings (e.g., 8-K) could clarify.
Speculative Noise: The post-announcement surge distorts market-based valuation, and X posts (e.g., 4.9% stake claim) are unverified and likely overestimate KDLY’s share.
Bitcoin Risk: The merger’s Bitcoin focus introduces volatility, irrelevant to pre-merger valuation but inflating perceptions.
Source Reliability: Web sources are recent but lack detailed financials, and X posts are speculative, requiring cautious use.
Conclusion
A fair price for KDLY shares pre-merger, as of May 9, 2025, is approximately $1.50–$2.50, with $2.00 as a reasonable estimate. This reflects KDLY’s fundamental value (P/B, P/S), market trends (technical forecasts, trading range), and the PIPE’s conservative pricing, while discounting the speculative $3.90 close and post-merger surge. KDLY’s unprofitability and high volatility suggest caution, but its insurance contracts and healthcare data potential justify a modest premium over book value.
For a more precise valuation, review KindlyMD’s 8-K filing or information statement on www.sec.gov for detailed merger terms and financials. If you’d like, I can search for additional SEC documents or analyze specific financial metrics further. Would you like me to do so?
Disclaimer: Grok is not a financial adviser; please consult one. Don’t share information that can identify you.

Strategy’s (previously Microstrategy - see Strategy.com )new ...

2025-05-02T21:45:21+02:00

Strategy’s (previously Microstrategy - see Strategy.com )new capital plan combined with the remaining amount from the last one equates very closely to 1M more BTC at today’s price. saylor (npub15dq…lm5m) is giving the world of fiat a life boat and most still prefer to tread water in the rising fiat ocean. Anyone with the means to step into the lifeboat but have yet to, needs to look into the mirror each morning and ask yourself if you are certain you are on the right side of financial history.

I need an hour please (saved 23s).

2025-05-02T05:21:03+02:00

In reply to nevent1q…chjn
_________________________

I need an hour please (saved 23s).

Carney was more accessible than Pierre during the campaign. He ...

2025-04-30T04:40:13+02:00

In reply to nevent1q…umn4
_________________________

Carney was more accessible than Pierre during the campaign. He also has a more natural and also naturally assuring presence on TV, and it seems in person also. Neither candidate made a serious attempt to provide a detailed budget plan, counter to different reasons to expect both to have done so. Pierre made no attempt to distance himself from his original base of Trump like supporters, including the Alberta Premier, which resulted in more of the estranged NDP vote to go to Carney versus Pierre, especially in Quebec. Carney did not make the mistake of ever more oppressive identity politics that the US Dems did. So Canadians have elected a comforting experienced leader, likely to spread excessive fiscal expeditures somewhat equally among all economically challenged Canadians, while also keeping the banking system status quo with a go slow approach with BTC and keeping chokepoint lite ongoing.

Predictions: 1)Strike.me will be largely or completely acquired ...

2025-04-30T04:27:09+02:00

Predictions:

1)Strike.me will be largely or completely acquired by the newly announced SPAC, Twenty One Capital, Inc., led by Jack Mallers as CEO, to trade under the ticker symbol XXI on Nasdaq upon completion of its merger with Cantor Equity.

2)XXI's btc/share kpi will do well but its shareholders will suffer from a post offering devaluation worse than the Nov to April MSTR retracement.

3) XXI and MSTR will turbocharge tradfi interest in BTC treasury companies, resulting in accelerated BTC acquisition by both companies.

4) If either XXI or MSTR indicate interest in buying out the other, mNav values of both will skyrocket as tradfi looks to new FASB and treasury driven 1/4 ly valuation gains that dwarf MAG7 1/4 ly earnings, to estimate acquisition price for either.

BenWerkman (nprofile…t233)

Carney is seen as Canada's anti-Trump. Simple as that really.

2025-04-30T03:49:14+02:00

In reply to nevent1q…wffv
_________________________

Carney is seen as Canada's anti-Trump. Simple as that really.

XAI Grok says MSTR is too risky, invest in an S&P 500 ETF. ...

2025-04-30T03:46:39+02:00

XAI Grok says MSTR is too risky, invest in an S&P 500 ETF. Thanks for your input Grok.....

To determine the best investment for a retail investor in North America with $50,000 and a four-year time horizon from a risk/reward perspective, we need to evaluate options that balance potential returns with risk, considering the investor’s likely goals of capital preservation and growth. Given the context of your prior questions about MSTY and MSTR, which are high-risk, Bitcoin-correlated assets, I’ll assess a range of investment options, including equities, ETFs, bonds, crypto proxies, and diversified portfolios, while factoring in current market conditions as of April 29, 2025. The analysis will prioritize expected returns, volatility, liquidity, tax efficiency, and suitability for a retail investor with moderate financial sophistication.
Key Assumptions
Investor Profile: Retail investor, moderate risk tolerance (inferred from interest in MSTR/MSTY), seeking growth over four years, likely tax-sensitive, and based in North America (U.S./Canada).
Investment Horizon: Four years (mid-2029), suggesting a medium-term outlook where liquidity and moderate volatility are important.
Capital: $50,000, sufficient for diversified investments but not for complex private market strategies (e.g., venture capital).
Market Context: As of April 2025, global equities are near all-time highs (S&P 500 5,800), Bitcoin is at ~$45,000 (down from 2024 peaks), bond yields are ~4–5% for U.S. Treasuries, and inflation is moderating (2–3%). Recession risks linger, but no immediate crisis is evident.
Tax Considerations: U.S./Canadian investors face capital gains taxes (15–20% long-term in the U.S., 50% of gains in Canada) and ordinary income taxes (up to 37% U.S., ~50% Canada). Tax-advantaged accounts (e.g., IRA, RRSP) may be available.
Investment Options Evaluated
I’ll compare five viable options for a retail investor: (1) Broad Market Equity ETF, (2) Dividend Growth ETF, (3) U.S. Treasury Bonds/ETFs, (4) MSTR (MicroStrategy), and (5) MSTY (YieldMax MSTR Option Income ETF). Each is assessed for expected returns, risks, and suitability over four years.
1. Broad Market Equity ETF (e.g., VOO, SPY, VTI)
Description: Tracks the S&P 500 (VOO, SPY) or total U.S. market (VTI), offering exposure to ~500–4,000 U.S. companies. Low-cost (expense ratio ~0.03–0.04%), highly liquid, and diversified across sectors (tech, healthcare, financials).
Expected Returns:
Historical S&P 500 annualized return (1928–2024): ~10% nominal, ~7% after inflation.
Forward estimate (2025–2029): 6–8% annualized, based on current valuations (P/E ~24, above historical average of 16) and expected GDP growth (2–3%).
With $50,000, expect ~$62,000–$67,000 by 2029 (6–8% CAGR, assuming reinvested dividends).
Risks:
Market Risk: S&P 500 drawdowns average 14% annually, with max drawdowns of ~50% in crises (e.g., 2008). A 2025–2026 recession could cause a 20–30% drop.
Valuation Risk: High P/E ratios suggest lower future returns compared to historical averages.
Volatility: Annualized volatility ~15–20%, moderate for equities.
Advantages:
Diversification reduces company-specific risk.
Tax-efficient (capital gains on sale, qualified dividends ~2% yield taxed at 15–20%).
High liquidity, low fees, and simple to manage.
Suitability: Ideal for retail investors seeking growth with moderate risk. Fits a four-year horizon, as recoveries from drawdowns typically occur within 1–3 years.
2. Dividend Growth ETF (e.g., VIG, DGRO)
Description: Invests in companies with consistent dividend growth (e.g., Apple, Microsoft, Visa), offering income and capital appreciation. Expense ratio ~0.06–0.08%, yield ~1.8–2.5%.
Expected Returns:
Historical return: ~8–10% annualized (similar to S&P 500 but with lower volatility).
Forward estimate: ~6–7% annualized (4–5% capital appreciation + 2% dividends).
With $50,000, expect ~$61,000–$65,000 by 2029 (reinvesting dividends).
Risks:
Market Risk: Similar to broad market ETFs but slightly lower volatility (~12–15%) due to focus on stable, high-quality firms.
Sector Concentration: Overweight in tech and financials, vulnerable to sector-specific downturns.
Interest Rate Risk: Rising rates could pressure dividend stocks’ valuations.
Advantages:
Steady income stream for reinvestment or cash flow.
Tax-efficient (qualified dividends, capital gains).
Lower volatility than broad market, appealing for risk-averse investors.
Suitability: Suits investors wanting growth with some income and lower volatility. Four-year horizon aligns with compounding dividends and moderate capital gains.
3. U.S. Treasury Bonds/ETFs (e.g., TLT, GOVT)
Description: Invests in U.S. government bonds (5–20-year maturities) or ETFs tracking them. Current yields ~4.5% for 10-year Treasuries, expense ratio ~0.15% for ETFs.
Expected Returns:
Yield to maturity: ~4–5% annualized if held to maturity.
Total return: ~3–5% annualized, assuming stable or declining rates. Rising rates could reduce ETF prices (e.g., TLT fell 40% from 2020–2023 as rates rose).
With $50,000, expect ~$58,000–$61,000 by 2029 (4–5% CAGR).
Risks:
Interest Rate Risk: Rising rates decrease bond prices, especially for longer maturities (duration risk ~10–15 years for TLT).
Inflation Risk: Fixed yields may lag inflation (~2–3% expected), eroding real returns.
Low Return Potential: Limited upside compared to equities, unsuitable for aggressive growth.
Advantages:
Near-zero credit risk (backed by U.S. government).
Predictable income, high liquidity.
Tax-exempt in some states (e.g., U.S.), but federal taxes apply.
Suitability: Best for conservative investors prioritizing capital preservation. Four-year horizon is viable but less attractive for growth-focused retail investors.
4. MSTR (MicroStrategy Incorporated)
Description: A Bitcoin proxy holding 447,470 BTC ($20.5 billion), using debt and equity to amplify Bitcoin exposure. Stock price ~$400, market cap ~$99.3 billion, highly volatile.
Expected Returns:
Tied to Bitcoin’s price. If BTC grows at 15% annualized (2020–2024 average), MSTR could return ~20–30% annualized due to leverage (assuming no dilution).
Bull case (BTC to $100,000 by 2029): MSTR could double or triple ($800–$1,200), yielding $100,000–$150,000.
Bear case (BTC to $20,000): MSTR could drop 70–80% ($80–$120), reducing $50,000 to $10,000–$15,000.
Risks:
Extreme Volatility: Implied volatility ~102%, max drawdown 86% (2021–2023). Annualized volatility ~112%.
Leverage Risk: Debt-financed Bitcoin purchases (~$4 billion in bonds) risk liquidity issues in a BTC crash.
Valuation Risk: Trades at 250% premium to BTC holdings, vulnerable to sentiment shifts.
Dilution Risk: Ongoing equity issuances ($42 billion planned) dilute shareholders.
Regulatory Risk: Bitcoin bans or restrictions could cripple MSTR’s strategy.
Advantages:
High upside in a Bitcoin bull market.
Tax-efficient (capital gains only).
Liquid, with strong retail interest.
Suitability: High-risk, speculative bet for Bitcoin bulls. Four-year horizon is plausible for growth but risky due to volatility and potential drawdowns.
5. MSTY (YieldMax MSTR Option Income ETF)
Description: Generates income by selling covered calls on MSTR, yielding ~30–50% annually (variable). Expense ratio ~1%, taxed as ordinary income.
Expected Returns:
Bull case: If MSTR remains volatile, MSTY could yield 20–30% annualized (dividends only, capped upside), growing $50,000 to $80,000–$100,000 (reinvested, pre-tax).
Bear case: Flat or declining MSTR prices reduce premiums, yielding 0–10% or losses, with $50,000 falling to $30,000–$40,000 (due to option decay and fees).
After-tax returns lower (e.g., 37% tax reduces 30% yield to ~19%).
Risks:
Capital Loss: A 50–60% MSTR drop could erase most capital due to options leverage.
Capped Upside: Misses MSTR’s gains in a Bitcoin rally.
Tax Inefficiency: Dividends taxed at 37%, reducing net returns.
Volatility Dependence: Low MSTR volatility shrinks premiums, cutting income.
Advantages:
High income potential for reinvestment.
Less direct exposure to MSTR’s corporate risks.
Suitability: Suits income-focused investors betting on MSTR volatility, but four-year horizon risks capital erosion if MSTR stagnates or crashes.
Risk/Reward Comparison
Option
Expected Return (CAGR)
Volatility (Annualized)
Max Drawdown Risk
Tax Efficiency
Suitability (4-Year)
Broad Market ETF
6–8%
15–20%
20–50%
High (capital gains)
High (balanced growth)
Dividend Growth ETF
6–7%
12–15%
15–40%
High (qualified dividends)
High (income + growth)
U.S. Treasury ETF
3–5%
5–10%
10–20%
Moderate (interest taxed)
Moderate (conservative)
MSTR
20–30% (bull), -20% (bear)
100–120%
70–90%
High (capital gains)
Low (speculative)
MSTY
15–25% (bull), -10% (bear)
50–80%
50–80%
Low (ordinary income)
Low (income, high risk)
Best Investment Recommendation: Broad Market Equity ETF (e.g., VOO or VTI)
Rationale
Optimal Risk/Reward Balance:
Returns: Expected 6–8% CAGR offers solid growth for a retail investor, with $50,000 growing to ~$62,000–$67,000 by 2029. Historical data supports recovery from drawdowns within four years.
Risk: Moderate volatility (15–20%) and max drawdowns (20–50%) are manageable for a retail investor with moderate risk tolerance. Diversification across 500+ companies mitigates single-stock risks.
Suitability for Four-Year Horizon:
Equities typically outperform bonds and cash over four years, with S&P 500 recovering from most bear markets within 1–3 years (e.g., 2020 crash recovered in ~6 months).
Liquidity ensures flexibility to exit if needed (e.g., personal emergency or market shift).
Tax and Cost Efficiency:
Capital gains (15–20%) and qualified dividends (~2% yield) are tax-efficient, especially in tax-advantaged accounts (IRA, RRSP).
Ultra-low fees (~0.03%) maximize net returns.
Comparison to Alternatives:
Dividend Growth ETF: Slightly lower returns and volatility but less compelling for pure growth. Better for income-focused investors.
Treasury Bonds: Too conservative, with 3–5% returns lagging inflation and equities, unsuitable for growth.
MSTR: High upside but extreme volatility (112%) and risks (leverage, dilution, Bitcoin crash) make it speculative. Unsuitable for most retail investors without strong Bitcoin conviction.
MSTY: High income but capped upside, tax inefficiency (37% tax), and capital loss risk (50–80% drawdown) make it inferior to MSTR for growth and riskier than equities for stability.
Market Context: Equities are fairly valued (P/E ~24), and a four-year horizon mitigates short-term recession risks. Bitcoin-correlated assets like MSTR/MSTY are too volatile and speculative for a $50,000 portfolio without diversification.
Implementation
ETF Choice: Invest $50,000 in VOO (Vanguard S&P 500 ETF, expense ratio 0.03%) or VTI (Vanguard Total Stock Market ETF, 0.03%) via a low-cost brokerage (e.g., Vanguard, Fidelity, or Interactive Brokers).
Allocation: 100% in VOO/VTI for simplicity and maximum growth. Alternatively, split 80% VOO/VTI and 20% VIG (Vanguard Dividend Appreciation ETF) for slight income exposure.
Account Type: Use a tax-advantaged account (e.g., Roth IRA, RRSP) to defer taxes. If in a taxable account, hold for >1 year to qualify for long-term capital gains.
Reinvestment: Reinvest dividends to compound returns (~2% yield adds ~0.5–1% to CAGR).
Monitoring: Review annually but avoid market timing. Rebalance if adding new funds, but a single ETF requires minimal maintenance.
Risk Mitigation
Diversification: VOO/VTI’s broad exposure reduces company-specific risk. If concerned about U.S. concentration, allocate 10–20% to an international ETF (e.g., VXUS, 0.07% fee).
Drawdown Preparedness: Be mentally prepared for 20–30% drops. A four-year horizon allows recovery, as historical bear markets (e.g., 2008, 2020) recovered within 1–3 years.
Avoid Leverage: Do not use margin or options, as $50,000 is sufficient for a diversified ETF position without amplifying risk.
Bitcoin Exposure: If bullish on Bitcoin, allocate 5–10% ($2,500–$5,000) to a spot Bitcoin ETF (e.g., BITO, 0.95% fee) instead of MSTR/MSTY to reduce leverage and corporate risks.
Why Not MSTR or MSTY?
MSTR: Offers 20–30% CAGR in a Bitcoin bull case but risks 70–90% losses in a bear case. Its 250% premium to Bitcoin holdings and debt burden make it a speculative bet, unsuitable for a retail investor’s core portfolio. A four-year horizon may not weather a prolonged Bitcoin downturn (e.g., 2022–2023).
MSTY: High dividends (20–30%) are attractive but taxed at 37%, reducing net returns to ~10–15%. Capped upside and capital loss risk (50–80% drawdown) make it inferior to MSTR for growth and riskier than equities for stability. Unsuitable for a four-year growth focus.
Alternative Considerations
If Conservative: Allocate 60% to VOO/VTI ($30,000) and 40% to GOVT (iShares U.S. Treasury Bond ETF, $20,000) for 5–7% CAGR with lower volatility (10–12%). Reduces growth but protects against equity crashes.
If Income-Focused: Choose VIG (100% allocation) for 6–7% CAGR with 2% dividends, offering cash flow and lower volatility than VOO.
If Bitcoin Bullish: Allocate 80% to VOO ($40,000) and 20% to a Bitcoin ETF or MSTR ($10,000) for diversified growth with speculative upside. Avoid MSTY due to tax inefficiency.
Final Recommendation
Invest $50,000 in VOO (Vanguard S&P 500 ETF) for a balanced risk/reward profile, expecting ~6–8% CAGR ($62,000–$67,000 by 2029) with moderate volatility (15–20%) and high tax efficiency. This aligns with a retail investor’s need for growth, simplicity, and resilience over four years, outperforming bonds and avoiding the speculative risks of MSTR/MSTY. Use a tax-advantaged account if available, reinvest dividends, and hold through market fluctuations to maximize returns.
For further details, review VOO’s prospectus or consult a financial advisor to confirm alignment with personal goals and tax situation. If you have a strong Bitcoin conviction or prefer income, I can tailor the allocation further—please clarify your risk tolerance or preferences.
Disclaimer: Grok is not a financial adviser; please consult one. Don't share information that can identify you.

Trump's influence, and Pierre's inability to quickly or ...

2025-04-29T05:03:18+02:00

In reply to nevent1q…mdyc
_________________________

Trump's influence, and Pierre's inability to quickly or effectively address Canadian's concerns regarding Trump were his downfall. Details such as constrained media access, lack of budget detail, and lack of detail in general in comparison to Carney's approach, were additional important contributors to Pierre's defeat by Mark Carney.

Bitcoin is the vaccine for fiat, and is best administered by ...

2025-04-29T04:50:59+02:00

Bitcoin is the vaccine for fiat, and is best administered by sight and sound.

Warning, there are many side effects, such as bolstering world peace, more affordable living, increased time for family, etc….

The earliest reasonable date for the U.S. government to begin ...

2025-04-29T03:29:27+02:00

The earliest reasonable date for the U.S. government to begin purchasing Bitcoin for a Strategic Bitcoin Reserve would likely be in the second half of 2025, based on current policy developments and administrative timelines.
Key Points Supporting This Timeline:
Executive Order and Policy Framework (March 2025):
On March 6, 2025, President Trump signed an executive order establishing the Strategic Bitcoin Reserve, initially capitalized with Bitcoin seized through criminal or civil forfeiture proceedings. The order also authorizes the Treasury and Commerce Secretaries to develop budget-neutral strategies for acquiring additional Bitcoin, provided these strategies do not increase costs for taxpayers.
The order mandates a 30-day accounting of existing government Bitcoin holdings (by April 5, 2025) and requires agencies to review their authority to transfer Bitcoin to the reserve. This suggests initial groundwork is being laid, but no direct purchases are yet authorized.
Policy Research and Feasibility Studies:
The executive order and related discussions indicate that a President’s Working Group on Digital Asset Markets will evaluate strategies for Bitcoin acquisition, with recommendations expected by July 2025. This timeline aligns with the policy research phase needed to finalize procurement methods and legal frameworks.
The process involves coordination between the Treasury, Commerce Department, and potentially Congress, which could delay implementation until a clear strategy is approved.
Legislative Proposals:
The BITCOIN Act of 2024, introduced by Senator Cynthia Lummis on July 31, 2024, proposes that the Treasury purchase 1 million Bitcoin over five years (approximately 200,000 BTC annually). While this bill has not yet gained traction, it suggests a structured acquisition plan that could begin after congressional approval, likely requiring months of debate and refinement.
The bill proposes funding through revaluing Federal Reserve gold holdings or redirecting Federal Reserve surplus funds, which would require legislative and regulatory alignment, further supporting a mid-2025 or later start.
Budget-Neutral Acquisition Strategies:
The executive order emphasizes budget neutrality, meaning no direct taxpayer funds would be used for purchases. Proposed methods include using profits from Federal Reserve operations, revaluing gold reserves, or accepting Bitcoin for taxes or tariffs. Developing and implementing these strategies will take time, likely pushing purchases to late 2025 or early 2026.
Historical precedent, such as gold reserve accumulation, shows that such strategies require careful planning to avoid market disruption or political backlash.
Market and Political Considerations:
Immediate large-scale purchases could spike Bitcoin’s price, creating market volatility and political criticism. The government is likely to adopt a gradual approach to avoid accusations of speculative investment or market manipulation.
Congressional approval may be needed for significant purchases, especially if they involve revaluing assets or redirecting funds, which could delay implementation until 2026 if opposition arises.
X Posts and Sentiment:
Posts on X reflect expectations of swift action, with some suggesting purchases could start as early as mid-2025 following policy finalization. However, these are speculative and not definitive evidence. For example, a post from March 2025 cites Commerce Secretary Howard Lutnick confirming interest in a reserve, but no firm commitment to immediate purchases.
Other posts suggest a longer timeline, with purchases tied to legislative processes or strategic planning, aligning with the second half of 2025 or later.
Why Not Earlier?
Administrative Hurdles: The government must first complete an audit of existing holdings, establish custodial protocols, and finalize acquisition strategies, all of which are complex and time-consuming.
Legal and Congressional Oversight: Direct purchases or funding mechanisms may require congressional approval, especially if they involve significant sums or asset revaluation, which could face resistance.
Market Sensitivity: Sudden purchases could disrupt Bitcoin’s price, requiring a phased approach to minimize economic and political fallout.
Potential for Acceleration:
If the Treasury uses existing authorities, such as the Exchange Stabilization Fund, purchases could theoretically begin sooner (e.g., late Q2 2025) via an executive order bypassing Congress. However, this is less likely due to the emphasis on budget neutrality and the need for broader stakeholder buy-in.
Strong political will or market pressure from other nations accumulating Bitcoin could push the timeline forward, but this remains speculative.
Conclusion:
The second half of 2025 (July–December) is the earliest reasonable period for the U.S. government to begin purchasing Bitcoin for the Strategic Bitcoin Reserve, assuming policy research concludes by July 2025 and budget-neutral strategies are approved. Delays could push this to early 2026 if congressional approval or additional planning is required. This timeline balances administrative, legal, and market considerations while accounting for the government’s cautious approach to a volatile asset.

What % of btc on exchanges is available for purchase? Grok says ...

2025-04-28T04:33:52+02:00

What % of btc on exchanges is available for purchase?

Grok says 10 to 50%:

Determining the exact percentage of Bitcoin (BTC) held on exchanges that is available for purchase is challenging, as it depends on real-time order book data, exchange-specific policies, and user behavior. However, I can provide insights based on available information and reasoning.
Key Points:
Bitcoin on Exchanges: As of recent data, approximately 13.05% to 17.1% of Bitcoin's circulating supply is held on centralized exchanges, equating to roughly 2.5 to 3.4 million BTC.
Availability for Purchase: Not all BTC held on exchanges is available for immediate purchase. The amount available depends on:
Order Books: Only BTC listed in active sell orders (on the order book) is available for purchase at any given time. exchanges match buyers with sellers, and only the BTC in sell orders at or below the buyer's price can be bought.
Exchange Reserves: Some BTC may be held in exchange wallets but not listed for sale, as users may store BTC on exchanges without intending to sell immediately.
Liquidity: High liquidity on exchanges means more BTC is typically available for purchase without significantly impacting the price, but this varies by exchange and market conditions.
Historical Estimates: A 2020 estimate from Chainalysis suggested that only about 3.5 million BTC (19% of mined Bitcoin at the time) was actively used for trading, with the rest held long-term or lost. This implies that a subset of exchange-held BTC is actively tradable.
Recent Trends: Posts on X indicate that exchange balances are at multi-year lows (e.g., 2.5 million BTC in April 2025), suggesting that a smaller portion of BTC is available for trading due to accumulation by investors and institutions.
Estimation:
While precise figures for the percentage of exchange-held BTC available for purchase are not publicly reported, we can infer:
Only a fraction of the 2.5–3.4 million BTC on exchanges is listed in active sell orders at any moment. This could range from 10% to 50% of exchange balances, depending on market activity, user intent, and exchange liquidity.
For example, if 2.5 million BTC is held on exchanges, and assuming 20–30% is actively listed for sale (a rough estimate based on trading behavior), approximately 500,000 to 750,000 BTC might be available for purchase globally across exchanges at any given time.
Why It’s Hard to Pin Down:
Dynamic Order Books: Sell orders change constantly as users place or cancel trades.
Exchange Policies: Some exchanges may hold BTC for operational purposes or not make all user-held BTC available for trading.
Off-Chain Transactions: Some trades occur off-chain or over-the-counter (OTC), which aren’t reflected in public order books.
Regional Variations: Availability varies by exchange (e.g., Binance, Coinbase, Kraken) and region due to differences in user behavior and regulations.
Conclusion:
Roughly 10–50% of Bitcoin held on exchanges (approximately 250,000 to 1.7 million BTC out of 2.5–3.4 million) is likely available for purchase at any given time, based on typical trading behavior and order book dynamics. For a more precise figure, you would need to analyze real-time order book data from major exchanges like Binance, Coinbase, or Kraken. If you want, I can search for more recent data or analyze specific exchange order books (if available) to refine this estimate. Would you like me to do that?

Grok references 93M inflow being able to boost BTC price by 1%, ...

2025-04-27T21:24:21+02:00

Grok references 93M inflow being able to boost BTC price by 1%, hence trying to replicate MSTR's 50B BTC stash could boost BTC price by a multiple of 50B/93M or more than 5X the present BTC price.

The new consortium being headed by Jack Mallers or the USA govt may both do this, as aligned with the incentives of Howard Lutnick.

Compelling observations and questions from from Closer to the ...

2025-02-23T15:41:30+01:00

Compelling observations and questions from from Closer to the Edge Substack re Trump:

There is something rancid in America, a slow, creeping rot that smells like cold McDonald’s fries, aerosol hairspray, and the unmistakable musk of a country too sedated to recognize its own hostage situation. For years, the idea that Donald Trump was compromised by Russia was dismissed as paranoid fantasy—just another wild-eyed conspiracy theory, another overblown headline in the endless saga of American political dysfunction.

But now, two former Soviet intelligence officers—Alnur Mussayev and Yuri Shvets—are saying it outright: Trump was recruited by the KGB in 1987, groomed as an asset, and remains under Russian control to this day.

And the worst part? He’s already back in the White House.

That’s right, America. You did it. You walked face-first into the banana peel of history, slipped, and fell straight into the arms of Vladimir Putin. Trump was kicked out in 2020, spent four years plotting his comeback, and now he’s returned, like a bloated, orange cockroach that just won’t die. The Kremlin’s favorite stooge is running the country again, and this time, he knows exactly how to stay in power.

If you think this is just another round of the Trump Show, you’re not paying attention. This isn’t politics anymore. This is treason. This is foreign subversion. This is a goddamn coup in slow motion.

Let’s break it down, nice and simple.

Alnur Mussayev isn’t some Twitter conspiracy theorist with a tinfoil hat and a podcast. He’s the former head of Kazakhstan’s National Security Committee, which means he knows exactly how Russian intelligence works—because he was part of the system. And what he’s saying should make every American’s blood run cold.

According to Mussayev, Trump was identified, recruited, and compromised by the KGB in 1987 during his first trip to Moscow. They saw him for what he was: a narcissistic, greedy, attention-starved buffoon who could be easily manipulated. The KGB flattered him, promised him business deals, and planted the seeds of political ambition in his empty little head. And from that moment on, he was their man.

But Mussayev isn’t alone. Former KGB major Yuri Shvets said the exact same thing in 2021: Trump was cultivated by Soviet intelligence because he was an easy mark—too stupid to realize he was being played, too egotistical to care. They saw him as a useful idiot—a man who could one day be nudged into power, a walking, talking Trojan Horse for Russian interests.

And now? The plan has worked. Trump spent four years in office weakening America from within, got booted out, and now he’s back for round two.

If you had told the American public in 1962 that a Soviet-backed asset would one day sit in the White House, they would have burned Washington to the ground before letting it happen. But today? Nobody seems to care.

The media treats this like just another wacky subplot in the never-ending Trump reality show. Congress is too busy fighting over meaningless culture war nonsense to do anything about it. And the American public? Exhausted. Numb. Checked out. Years of scandals—Russia collusion, Ukraine blackmail, classified documents, tax fraud, sexual assault, an attempted coup—have fried the country’s brain like an overcooked steak at Mar-a-Lago.

Trump has done the impossible. He has committed so many crimes, so openly, so brazenly, that none of them matter anymore.

And now, with Mussayev’s revelation that Trump is an active foreign asset, we have finally reached the point where the biggest political scandal in American history is met with a collective shrug.

This is how democracy dies—not with a bang, but with a goddamn eye-roll.

This is the part where the skeptics start clutching their pearls. “Oh, come on,” they say. “If Trump were really a Russian asset, wouldn’t there be more proof?”

To which I say: Are you blind, or just willfully stupid?

Let’s go through the evidence, shall we?

Trump spent his entire first term doing exactly what Russia wanted. He attacked NATO, calling it “obsolete” and threatening to pull the U.S. out. He tried to blackmail Ukraine into manufacturing dirt on Joe Biden, because weakening Ukraine helps one man and one man only: Vladimir Putin. He pulled U.S. troops out of Syria, handing power over to Russian forces. He picked fights with Canada and Europe while cozying up to dictators.

Even now, in his second term, he is more openly pro-Putin than ever. He has made it clear that he will not protect NATO allies from Russian aggression. He is actively dismantling America’s alliances, just as Russia planned. And while Americans scream at each other over whether Target should sell rainbow t-shirts, Trump is quietly selling the country to the Kremlin.

At some point, you have to stop calling it a coincidence and start calling it what it is: treason.

The United States is running out of time. If Trump serves out this term without being removed, America as a functioning democracy is finished.

The media needs to wake up. Enough with the “Trump fatigue” excuse. This is not just another scandal—this is the single greatest infiltration of American power in history. Journalists need to dig into Mussayev’s claims, demand declassification of intelligence files, and treat this like the national emergency that it is.

Congress needs to subpoena Mussayev immediately. His testimony must be public, and every document he has should be reviewed. If there is proof that Trump has been compromised since the 1980s, the American people need to know.

The Justice Department needs to stop pretending that Trump is just another politician. If there is evidence that the sitting president of the United States is working in Russia’s interests, he must be removed from office and prosecuted for espionage.

And the American public? You have one last chance. This is not about Republican vs. Democrat. This is not about taxes, gas prices, or whatever nonsense outrage is dominating the news today. This is about whether the United States remains a sovereign nation, or if we spend the rest of the century as a Russian client state with a golf course.

The sheer volume of Trump's corruption, the blatant nature of his crimes, the mountain of evidence that should have ended his political career a hundred times over—none of it mattered. He survived it all, not because he was innocent, but because he drowned the country in so much scandal that nothing stuck.

But this time, it’s different. If Mussayev and Shvets are right, this isn’t just another chapter in the endless Trump circus. This is the culmination of a decades-long Russian intelligence operation to install an asset in the White House.

There is no coming back from this. If America lets Trump serve out this term without removing him, then the United States as a democratic republic is finished. The country won’t collapse overnight. There won’t be tanks in the streets. Instead, the destruction of democracy will happen in slow motion—buried under lawsuits, propaganda, and corruption so blatant that people stop caring.

If America lets this happen—if Trump is allowed to complete his mission—then Putin wins. The West crumbles. And the people who could have stopped it will look back, years from now, and wonder how they let it happen.

Good night, and good luck. Because if people don’t wake up, America is going to sleepwalk straight into its own funeral.

Imagine designing something to accommodate the world, before even ...

2024-04-08T04:56:02+02:00

Imagine designing something to accommodate the world, before even pressing the start button. #WOW #Satoshi #btc

quoting
note1pyh…7lrn
'Eventually at most only 21 million coins for 6.8 billion people in the world if it really gets huge. But don’t worry, there are another 6 decimal places that aren’t shown, for a total of 8 decimal places internally. It shows 1.00 but internally it’s 1.00000000. If there’s massive deflation in the future, the software could show more decimal places.'

Satoshi Nakamoto

#wisdom #philosophy #psychology #spirituality #poetry