Paarslaars

Bad orange man bad!

Are you confusing settling an old debt with random acts of kindness?

This assumes that BTC will not eat away at gold though... I would expect that we'll pass the gold treshold by 2030.

https://www.blackrock.com/corporate/investor-relations/larry-fink-annual-chairmans-letter Blackrock letter on BTC and US debt:

Europe I guess? Germany just increased the debt ceiling.

https://www.reuters.com/markets/us/us-consumer-spending-rises-february-core-inflation-firmer-2025-03-28/#:~:text=Consumers' one-year inflation expectations,up from 3.5% in February. Market not happy. Inflation up while consumer strength is down, Powel can't lower rates like this so what is his next move, print even more money?

GME 25$ strike Jan '26 calls Yeah I don't know what I'm doing on a value investing forum anymore... small position though.

Interesting take, I have been out of all the alts (except PAX) since they peaked last year. Wanted to get back in but no cash available and nothing I wanted to sell. Will look at the puts, I have margin available in case I get put.

This already exists in most places... it's called a disability income. People with a mental disability (like my daughter) receive an income because society deems them unfit to contribute in the job market. As automation and AI improves, the bar for 'mental disability' will be lowered and more and more people will be considered unfit for employment. All we can hope for is they still find meaningful ways to spend their lives.

I only own it on an exchange, I understand the hard wallet argument but I don't feel comfortable having a that amount of value of anything in my home.

I will be entertained when someone's 300k in '25 prediction becomes reality.

Utah dropped the BTC reserve though, just fyi on that graph.

Someone who predicted in November that BTC would be at 84k yesterday which was the case. Pretty sure with all the people make these guesses there is always someone right...

Not in the case of China, when domestic alternatives are 200% more expensive, 20% tarrifs aren't going to cut it. That is just a hidden tax...

But tarrifs don't give you money from Canada... It just makes US citizens pay more for stuff.

Still wondering why the FED is so reluctant to lower rates while the ECB continues to do so. Sure inflation is a tad lower but that was the case during the rate hikes as well...

Did something happen?

Haven't seen Parsad buying yet so I think we're still early

Utah dropped out of the BTC race, it's now between Texas and Arizona.

The public stuff of the summit looked a bit like everyone needed to jerk off Trump for a moment. Curious what was discussed behind close doors.

Nah I'm just not a US citizen so that part doesn't concern me... though I can name a bunch of things I would rather not see my goverment spend tax payer money on and rather have them buy BTC.

More interested in seeing what other nations will be doing rather than retail. Especially not interested in value investors because we know these guys are too cheap to buy BTC.

Haha the U.S. has a strategic reserve of 1.4 billion pounds of cheese? Man it's going to be really easy to find budget neutral ways to buy bitcoins.

While I understand the 'moon boyz' would prefer a "let's buy 1M BTC tomorrow" announcement, I'm actually quite positive about this. 1) Clear statement that the reserve is there and the U.S. will not be selling BTC. 2) No shitcoins will be bought, meaning the U.S. is going full BTC. This was an important one for me... to me this indicates that the U.S. isn't just doing random crypto shit but is serious on BTC. In terms of game theory, very important because it will force other countries down the same path. 3) BTC will be added, sure it is specified 'in a budget neutral way' but considering the deficit, that's just common sense. If you're making the switch to a reserve of digital gold, might as well sell physical gold to buy it. I'm curious which strategies Saylor will put forward today.

Expecting more clarity on how they handle BTC vs the other coins, should be treated differently according to Lutnick.. we'll see.