rkbabang

Why do you consider BTC as cash? of the things on that list Bitcoin is the only thing I consider to be money. The other things are various debt based types of securities.

Yes that is surprising that AMC messed it up so badly. My wife and I go to this place sometimes https://www.chunkys.com/movie-theater/chunkysmanchester My son and his friends (in there 20s) go there occasionally too. The movies are sometimes older movies or local movies, but it’s sometimes nice to see something on the big screen you might have missed when it was in theaters originally, and they have new movies as well. The seats are comfortable with large tables, the beer and burgers are good, and the service is excellent. Over priced for sure, but you always have a good time.

RIP Gaston Glock (94 years old). He was a legend and a great inventor. BTW, I did read this book a few months ago on your recommendation and enjoyed it. https://nypost.com/2023/12/28/business/gaston-glock-of-the-pistol-that-bears-his-name-dies-at-94/

Exactly, I believe this was Satashi’s plan and he wrote about it somewhere. The mining subsidy is just that. A subsidy to kickstart Bitcoin. At some point long before the subsidy runs out the fees will be more than the subsidy itself. By the time the subsidy runs out completely some time next century Bitcoin will be so valuable that the fees will be more than sufficient a motivator to spend an enormous amount of energy mining Bitcoin.

Nancy Pelosi votes $NVDA for 2024. She just bought 50 Dec 24 NVDA $120 strike calls. I'd be more bullish if she bought out of the money calls, but still, maybe she knows something we don't.

No problem. I hold a larger position in actual coins, but I hold MSTR in my IRA. There is no way easy way to buy the actual coins in a retirement account which is what led me to look into MSTR in the first place. While I like to self custody as a safe guard against societal-level troubles, I think MSTR is a pretty good way to gain Bitcoin exposure too. And will even outperform Bitcoin itself in some time periods.

Buy on an exchange (Coinbase) then move it out to self custody. I don’t move it out every time I buy a little, which has been multiple times per week all of this year, but every time it gets to be about 0.25 BTC or so, I get it out of there.

It might and I still hold a bunch of it. Long term I’m not a fan of ETH though. I don’t like Proof of Stake. It has a centralizing effect giving a small elite control. If ETH does better than BTC in 2024 I’ll use that as an opportunity to convert more of my ETH into BTC.

With a fanatical Bitcoin Maximalist founder dedicated to using all company profits to increase its Bitcoin holdings. He resigned as CEO so he could let someone else run the software side of the business so he could focus on Bitcoin. “I believe that splitting the roles of Chairman and CEO will enable us to better pursue our two corporate strategies of acquiring and holding Bitcoin and growing our enterprise analytics software business,” Saylor said. https://cointelegraph.com/news/michael-saylor-will-step-down-as-microstrategy-ceo-but-will-remain-executive-chair

MicroStrategy (MSTR) is a mediocre but profitable software company that holds 174,530 bitcoins. https://buybitcoinworldwide.com/microstrategy-statistics/

I think a good 2024 portfolio could consist of: Bitcoin by far. Then: MSTR (because of the above) JOE PBR.A AIV SRUUF FFH BYON NTDOY

By far it was ETH followed by BTC. I bought BTC in 2014 at around $200 and ETH in 2015 at $8. I turned a small 4 digit investment into a 7 digit return. I’ve made some good stock investments over the years, but nothing like that. I just wish I had bought a lot more.

This is the one we want. Chick-fil-A, Buc-ee's, Hobby Lobby Merge To Form Most Popular Store Of All Time https://babylonbee.com/news/chick-fil-a-buc-ees-hobby-lobby-merge-to-form-most-popular-store-of-all-time

Sorry I didn’t realize I had that kind of power. Let me give it another try: You could be the President of Russia.

That is ominous. I had no idea he was behind that either. That eye-scanning orb was creepy AF, I can’t believe people lined up to be scanned. I wouldn’t trust this guy as far as I could throw him.

Netflix gives this guy millions to produce a series and he loses it trading options with it. Oops. The Strange $55 Million Saga of a Netflix Series You’ll Never See https://www.nytimes.com/2023/11/22/business/carl-rinsch-netflix-conquest.html or ( https://archive.ph/uZMPN#selection-1037.145-1041.197 ) "Mr. Rinsch transferred $10.5 million of the $11 million to his personal brokerage account at Charles Schwab and, using options, placed risky bets on the stock market, according to copies of his bank and brokerage statements included in the divorce case. One of his wagers was that shares of the biotech firm Gilead Sciences, which had announced that it was testing an antiviral drug on Covid patients, would soar. Another was that the S&P 500 index, which had already declined more than 30 percent, would fall further. Mr. Rinsch lost $5.9 million in a matter of weeks."

It is not better that a country has the ability to control its money. That's the problem with fiat and why their money isn't worth anything to begin with. The USD is better than the peso, because it's the world's reserve currency currently which let's the FED get away with a lot and the demand remains. But hopefully people there move to BTC over time because the USD isn't great either and if it loses reserve status (a certainty long term) they will be right back to where they started. Using a worthless currency.

Now lets do the US.

Good thing he's libertarian not right wing. As for the rot, that's what the chainsaw is for.

Yes, he's great. He's a like a mix of Ron Paul's politics (only more so) with Trump's unfiltered way of speaking (only more so). I love it.

This guy looks like the real deal! He even named one of his dogs Rothbard. I’d vote for anyone who was willing to dress up as Captain An-cap in public.

Thanks. Interesting. It looks like it has underperformed the S&P500. https://www.etf.com/etfanalytics/etf-comparison/SPY-vs-YPS

Yes, it wouldn't work if people piled into it in size. And I wouldn't want the bottom 7 weighted that heavily anyway. I wonder if you could skew an almost equal weight ETF toward the bottom a little. Instead of each of the 500 companies being weighted 0.2%, have the bottom 250 being weighted 0.215% and the top 250 weighted at 0.185% or something like that.

I always wondered how an inverse-weighted-SP500 index would do. The smallest companies weighted higher and the larger weighted lower. Give the 500th company the weighting that the 1st is now and the 499th the weighting of the 2nd, etc all the way up with the current 1st company weighted what the 500th is now. You would capture the smaller companies growing and while you would own some of the mega-caps you wouldn't be limited to the law of large numbers. Some of the companies toward the bottom could grow tremendously while there is a limit to how much a $2T company can grow. I suppose you could create this on a spreadsheet and back test it. But I'm not THAT interested.

Watched "What the Doctors Saw" on Paramount+ last night. Good documentary about the Parkland Hospital Doctors who treated JFK in Dallas after the shooting. An interesting part of the story and some tidbits I've never heard. Probably won't change anyone's mind though. In my experience there are the people who will believe the official government narrative regardless of all the eye witness accounts in the world or and other evidence, and then there are the people who already know that the CIA murdered John F. Kennedy.