Sometimes I pause and reflect on the fact that my entire financial portfolio is currently composed of 1) an imaginary Internet ponzi coin and 2) the stock of a company famous for having the largest peak-to-trough drawdown in the history of financial market bubbles, and whose CEO is currently leveraged to the tits on the same Internet Ponzi coin (which he refers to as “the goddess of truth”), and that I consider this a sound financial strategy with a virtually 100% chance of retiring my bloodline.

We need to mechanize and automate the living fuck out of our ports.

I literally have not seen a single person who read the EO correctly. This is MORE than I was hoping for: -BTC recognized as a valuable strategic asset by the largest economy in the world. -BTC and shitcoins now officially separated in US government policy. Shitcoins seized won’t be sold, only Bitcoin is worth accumulating. -Bessent and Lutnick authorized to develop budget neutral strategies for further acquisition. Literally what else was anyone hoping for? This is everything. If this doesn’t make you fully erect you are retarded and can’t read.

Michael Saylor liking this tweet is absolutely diabolical. 🤣☠️

If I have to pay a boomer 10x what he paid for his house, he can pay me 1000x what I paid for my #bitcoin.

People are selling the news. That the United States of America. Is establishing a strategic Bitcoin reserve. With plans to acquire more. I’m not actually sure I can think of a more financially retarded thing to do.

omg bitcoin is coincidentally doing that thing it does every four years exactly 12-18 months after its rate of inflation is cut in half, which is such a weird coincidence because that is obviously completely unrelated

It’s never done anything quite like this before. Something’s different.

This is the fakest, gayest, most retarded sell off in the history of sell offs.

this is an “I know something” face

XRP is the lowest IQ thing “crypto” has ever produced. If you own XRP you are simply retarded.

If the RESTRICT ACT (“Tiktok ban”) passes, it will be used to attempt a ban on #bitcoin. Have any of y’all actually read the text of the bill? This isn’t about Tiktok. This gives the executive branch total control to police the internet. Wake up.

Let me get this straight: someone fat fingered an 80,000 BTC sale in an illiquid overnight session and we plunged 3% to $115,000? Are you - in fact - kidding me?

“I’ve never seen a woman naked before.”

morons : “the government will ban bitcoin.” a literal dictator : “nobody can ban bitcoin.”

The Secretary of fucking Commerce, whom the President of the United fucking States just put in charge of a sovereign wealth fund and authorized to giga-long BTC is on fucking recorded fucking videotape saying that he owns “$100s of millions of BTC - soon to be billions” - and his company’s single largest holding is $MSTR. And you are bearish.

A 77 year old 1.5T institutional asset manager just put laser eyes on Benjamin Franklin in their logo. You are not bullish enough.

Like this if you survived the 12-hour bear market of November 12, 2024.

This is like the third time in this man’s life he’s gambled his entire fortune in a 10x or nothing and won. Fucking legendary.

If I have a pizza and I cut it into 8 slices I do not now have 8 whole pizzas. I simply ask that you ponder this and realize how incomprehensibly stupid what you just said truly was.

biggest liquidation event of all time and Bitcoin is sitting at *checks chart* $114,000 you’re actually not bullish enough

the reason Bitcoin is so satisfying is because unlike most topics if someone disagrees with you you can come back to them five years later with incontrovertible proof not only that they were wrong but that their refusal to listen to you has cost them an ungodly amount of money

Are you prepared for bitcoin to “only” return 30% CAGR for twenty years? 2025 | $117,000 2027 | $197,730 2029 | $334,164 2031 | $564,737 2033 | $954,405 2035 | $1,612,944 2037 | $2,725,876 2039 | $4,606,730 2041 | $7,785,374 2043 | $13,157,283 2045 | $22,235,808

Turns out “Retard Finder” was the biggest retard of all. 😅

I am announcing a temporary truce between Bitcoin maximalists and “crypto,” as we unite against the demonic shit-walkers of Ripple/$XRP and the Shitcoin Night King, Bradley K Garlingfuck, which have lain dormant since the last crypto winter, only to be reawakened with the return of the Dragon-energy of a restored Trump dynasty. Until the undead forces of evil been defeated, Bitcoin maximalists, Solana bros - yes, even ETH-tards, will be under cease fire. We need all hands on deck against the Ripple scammers and their attempts to bribe / influence members of the Trump administration. I personally pledge to avoid dunking on any shitcoin underperformance until such time as Ripple threat has been neutralized. To cement this truce, I have suppressed my gag reflex and purchased 1 $ETH and 1 $SOL, the twenty first century equivalent of marrying my legendarily beautiful, pure, chaste, maximalist daughters to your deformed, retarded, inbred crypto sons. Now I’m going to zero right along with you. To arms, all. Kill these fuckers with fire. 🔥

Dear Boomies, We call this, “the flushing of the leveraged degenerates,” and it is a monthly ritual during bull markets. You are not used to this. In your markets, the government steps in to stop trading bail you out if your boomer stocks fall more than 10% in a day. Welcome to #bitcoin. Here, only strong hands survive. 💪

Full send.

TRT is not “steroids.”

Imagine being this retarded.

Tether paid $2 in fees to move $1.5B. This is a 0.000000001% fee. Possibly the lowest relative transaction fee ever paid on any transaction in the history of human finance. The Bitcoin blockchain is massively underpriced.

I get the feeling you ain’t seen nothin yet. The DOGE job was given to the most efficient and effective operator in the history of American business and he was given Carte Blanche on methods. The team was kept small and surgical because they’re all getting immediate pardons on the back end to insulate them from blowback. Vivek leaving gives him plausible deniability for a future presidential run. The meme-name was to put them at ease. The drama is to draw the dems all out in protest so that when the full magnitude of what is uncovered is made public, he’ll be able to smear them all with it - imply they all knew what was there and tried to obstruct the team from finding it. There is something far worse at the center of all this. Worse than anything we’ve seen so far. It’s building to a crescendo. Trump knows exactly what DOGE is going to find. Or at least has a very good idea how deep the rabbit hole goes. And he’s drawing the mostly oblivious retarded dems right into the most epic, carefully laid political trap of all time. He’s going to destroy the entire Democratic Party. This is going to make Watergate look like a footnote in the history of political scandals. The greatest show on earth is only in its First Act.🍿

It’s literally 2020 with a zero added. Right down to the fucking month. (Guess what happens next).

We are so lucky to have @saylor. Like just stop for five seconds and imagine the odds that the first #bitcoin CEO happened to be: 1) A maximalist who wouldn’t dream of issuing his own shitcoin. 2) Here for the long haul with diamond hands and calmly rode out his first bear market while down by >$2B literally never once breaking his focus and composure. 3) A goddamn genius of corporate finance and at navigating capital markets such that he didn’t ape into a bull market and either get liquidated or panic sell the bottom with size. 4) Enough age and experience to be taken seriously. 5) Extremely careful and ethical. 6) Has the energy to do like 1 billion podcasts about #Bitcoin where he is constantly coming up with new, extremely insightful metaphors and ways of articulating BTC value propositions to different audiences. Seriously. How many people in the goddamn world would have been WORSE. Literally almost anyone. If you can’t look at his track record and be just a little happy at how many ways the first #bitcoin CEO could have but didn’t fuck us all or set us back … you’ll never ever be happy. Same goes to @nayibbukele…. First bitcoin president could have either shitcoined or ended up being some crazy murderojs dictator and instead just… calmly led a economic renaissance in his country, restored ethics and order, and jailed a violent gang that had terrorized the country for decades.

Donald Trump is the first politician in my lifetime who actually delivered (in fact over-delivered) on the major campaign promise for which I voted him into office.

It is hilarious that @elonmusk, the (2nd) richest man in the world and one of the greatest entrepreneurs in history… DESPITE having @saylor personally offer to guide him through a treasury strategy that would have made @Tesla far-and-away the most valuable company on the world x 10 if enacted… STILL made every 100 IQ CrypTo-n00b move in the last #bitcoin cycle: ✅ Bought the parabolic uptrend. ✅ Shilled a meme/dog-coin. ✅ Proposed a block-size increase. ✅ “I’m new to #BTC and I’m here to fix it.” ✅ Shilled own big-brain theory of money. ✅ Spread environmental FUD at the top. ✅ Panic-sold the bottom. ✅ Called the maxis mean. ✅ Twitter fight with @PeterMcCormack. ✅ Rage quit and now says, “I’m too busy to think about #bitcoin.” A full “first cycle” bingo card. Incredible.

this is so funny

My brothers - 🫵 You will NOT sell to Wall St. at $100,000. You will NOT sell to Wall St. at $1,000,000. You will NOT sell to Wall St. at $10,000,000. Every time you are tempted to sell your hard-earned, hard-fought, hard-hodl’d #BTC for their dirty, worthless, printed-from-thin-air, war-financing fiat, you WILL remember every time they mocked you, fought you, laughed at you, called you a criminal - you will remember how those boomers ran this criminal Ponzi economy into the ground & did everything they could to steal the American dream from you - & you WILL 🤘HODL THAT FUCKIN’ CORN 🤘 like the psychopaths you are. You WILL make those rat bastards pay you what you know your #BTC is worth. ✊

Prediction: #BTC ETFs all trigger circuit breakers on first day of trading. Spot makes +30-50% upside. Market makers don’t know what the fuck to do because they halted trading at +10%. Chaos and epochal FOMO ensue. ATH by the end of the week.

The world is truly not ready to watch a $1T asset become a $20T asset in less than a year. #bitcoin

The baby boomers should be renamed “the Ponzi generation.” Every institution they created was unsustainable and exists solely to preserve their ability to maintain their lifestyles at the expense of subsequent generations. They are the first generation in American history to leave the country worse for their children. Bitcoin is the opt out from the Boomer Ponzi. You don’t have to buy a McMansion from a boomer. You don’t have to buy an inflated index fund from a boomer. Opt out. Let boomer assets crash. Buy Bitcoin.

The average person actually has no idea how much better elite people are at EVERYTHING. It’s just more obvious in sports than in other endeavors. People can SEE Usain Bolt or Simone Biles do things that are beyond the realm of conceivability for them, but they can’t SEE why Elon Musk or Steve Jobs are billionaires and they’re not. They think it must be due to corruption or privilege. The thing is, all humans traits have variability. There are a set of traits that matter for sports (ie coordination, power, height, focus); for entrepreneurship (intelligence, ingenuity, perseverance, ruthlessness), for artistic performance (stage presence, charisma, emotional control, voice control), for mathematics (raw g intelligence), etc. There are ~10^10 people in the world. If you talk about the elite-most 10 people in anything - you are at a 10^-9 or SIX SIGMA deviation from the mean. Most people you know who are “good” at something are at best a 2-3 sigma deviation from the mean. Truly elite people are a greater relative distance from them than they are from the mean. Cope and seethe as you must, this is simply the power of large numbers applied to variability. Understand that like all things, gifts don’t come without costs. Being a six sigma in something means you have some extreme trait deviation and there are usually some drawbacks that come with this. For example, the level of strength and aggression that makes a great pro athlete may also predispose to violence; many extremely creative people are mentally ill; many highly intelligent people lack sociability/empathy. But what you absolutely must not do is force equality on society. People are manifestly unequal in every endeavor, and the advancement of human civilization depends upon those elite people. There’s like, at most, 100 people alive at any given time upon whose existence the advancement of civilization depends. Probably not you (sorry). People like Newton, Einstein, Beethoven, Turing. Their burdens are their burdens, but capitalism ensures that the gifts of their genius endure and make everyone better off. So LET THEM COOK.

Do you understand that Michael Saylor watched his net worth drop 99.9% in the 2000 crash? It was and remains the largest paper loss in relative terms in stock market history. He fuckin held. For twenty five years. This is why he is Michael fucking Saylor and you are poor.

Nobody cares. Buy bitcoin.

Bro Saylor is gonna have the biggest smile on his fucking face tomorrow. Vitalik and Co will be so dejected. Absolutely maximalist victory. Eat shit, shitcoiners. ✌️

I actually feel guilty buying this dip because it feels like taking advantage of not just your garden variety retards, but actual, mentally challenged people.

What you don’t understand about $MSTR is that it is not just a software company that is denominating its treasury in #Bitcoin. @Saylor has, effectively, turned it into a Hedge Fund that is performing a massive macroeconomic arbitrage trade, attempting to capture a multi-hundred-trillion-dollar mis-pricing of debt and equity markets by shorting them against #bitcoin. Its future profitability therefore exceeds that of #bitcoin because it is not just capturing bitcoin’s price appreciating, but also capitalizing on a short trade of the entire fiat system. He is doing what Buffett did with a small textile manufacturer-turned-insurance company called Berkshire Hathaway in 1965.

do not sell a boomer your bitcoin for $118,000. remember what they took from you. make them pay.

Oh no, not symmetry.

BREAKING: Person who will never be Governor of California likes bitcoin.

my disgust could not be greater

JUST FUCKIN DO IT ALREADY SO I CAN GO TO SLEEP DAMN IT

The move to $444k will be known as the Mandell Candell.

Calling it: Trump landslide.

The first time Bitcoin hit $88,000 (Nov 11), ethereum was trading at $3377. Today, with Bitcoin trading at $88,000, ethereum is trading at $1562 (-54%). Incredible. Death spiral.

This is the fakest, gayest dip I have ever seen. If you sell here just cut your balls off and live your life as the eunuch you so evidently are.

Ripple is enemy number one this cycle. They must be defeated.

Risk adjusted this is probably the most obvious dip to buy in Bitcoin’s entire history.

You guys realize that this is only like a 7% dip right? SMH we need a true purge. Y’all have gotten so fucking weak.

Incredible

When people ask me how I gained the confidence to be 110% long #bitcoin with my entire portfolio, this is what I tell them: The longer I spent studying #bitcoin, the more evident it became that every critic I encountered was devoid of any substantive understanding of this thing they were criticizing - and, worse, they didn’t care. When the obvious flaws in their arguments were presented to them in clear and unambiguous terms, they simply doubled down on their ignorance. It wasn’t just that they didn’t know anything about #bitcoin, it was that they didn’t ✨want✨to know. To put a finer point on it: it became clear to me that everyone taking the other side of this bet was a complete idiot.

The greatest redemption arc in the history of markets. $MSTR

If you bought #bitcoin on @Coinbase in late 2012 - when they became the first US exchange to sell #bitcoin with bank transfers - and when the price of 1 #BTC was approximately $11 - and simply left it on @Coinbase for the last ELEVEN YEARS, you would still be able to access your funds today. All this while other exchanges have come and gone - been hacked or revealed as fraudulent - and while not a small number of #bitcoin OGs have lost everything experimenting with home-made custody solutions. This whole time, through all the turmoil of the last decade, #BTC held on Coinbase were safu. You can hate @Coinbase all you want, & there are some VERY legitimate criticisms to be made (and which I have made many times) regarding their promotion of shitcoins, but it’s important to remember that they’ve operated with a stellar record of stability and security as a #bitcoin custodian for over a decade and that’s a valuable thing. You take this for granted now, but Coinbase was the first to do it - and to show it could be done.

Still in play. All we need is one $902,000 candle.

YOU THINK THIS IS RETAIL BEHIND THIS BID?

Vanguard fires CEO who blocked #BTC ETFs and hires as new CEO the guy who oversaw $IBIT. Remember when we were assured that firing old CEO had NOTHING to do with #bitcoin? 🧐

The asset was never the house. It was always the mortgage. Understand this and understand how fiat is the greatest engine for wealth inequality and social instability ever devised.

Calling it now: $1M #BTC by Jan 3, 2025.

Dear Elizabeth Warren: @ewarren This is why we don’t want KYC. If you can’t even ensure your own government agencies are following BASIC security practices, you should not be requiring large organizations to create treasure troves of data for hackers to steal. Fuck KYC. It doesn’t keep anyone safe. It exposes us to additional risk.

If you want to ✨ really ✨understand why #bitcoin is so important, watch (or rewatch) The Big Short. The closing scene, with Mark Baum (Steve Carrell’s character, based on Steve Eisman) sitting on a balcony overlooking Central Park, despondent over the fraud & destruction that has just occurred, realizing that nobody responsible will face any consequences because the system itself is run by criminals - this is the world into which #bitcoin was born, & the rank desolation to which it has brought Hope. Meditate deeply on how (as elucidated throughout the film) inescapably rigged that system was: - The SEC is a revolving door with the banks, with no incentive (or ability) to police them or the securitized mortgages they were selling). - The banks sold (& were pricing) the swaps that insured against the downside that they faced, and for months fraudulently refused to price them correctly, trying to force out (via capital calls) the people betting against their own structural insolvency. This capped Baum and others’ upside because if they waited too long to sell their insurance contracts - NOBODY WOULD BE LEFT TO PAY THEM. - The government was always going to step in & bail everyone out, because the system the banks created effectively held hostage the only real financial asset most Americans owned: their homes. The system allowed them to win more when Americans won; it should ALSO have meant that they lost proportionately more when housing crashed, but they knew that the government would never allow this to happen, so gains would be privatized and losses socialized. Think about this world: the banks controlled the regulators, the ratings agencies, & the Congress. But even worse: the banks were the only way to bet against the banks!! The banks won when We The People won, & they won when we lost. They were the House & everyone else is just players in the casino. We couldn’t get out unless they let us out, & they sure as shit weren’t going to ever let us win if it means them losing. This is why #bitcoin is such a massive, MASSIVE idea: as the only independent asset not synthetically created by a bank or controlled by a government, actually HELD by the people who own it, & not native to any one country - it is, effectively, a limitless Credit Default Swap on the entire banking cartel-operated fiat system, insuring against the insolvency, not just of any one bank or government, but the entire financial world with nobody to cap the upside or police the exits. This is why I am a #bitcoin maximalist: because the 2008 financial crisis left an indelible impression on me, as it did when it motivated Satoshi to write the White Paper & embed that famous FT headline from this era in the Genesis Block. I, like Mark Baum, was the hopeless disappointed idealist sitting on that balcony, cynically despondent because the entire system is fucked and there was no way out. Until #bitcoin created the only Hope we have to ✨fix this ✨ & create a better, fairer world in its place - one in which we cannot be held hostage by the gatekeepers of the financial system as they leech our wealth and labor. Ethereum & other cryptos are, if anything, the moral equivalent of those toxic mortgage-backed securities built on a blockchain. Issued by the House, controlled by the House. Wholly owned by the House. They, if built upon, would create a world WORSE than the one Baum was lamenting - not better. Only #bitcoin allows the people to rise with one voice & bring the entire corrupt system from which Baum saw no possibility of escape crashing to the ground for good - as in the depths of that same despair his brother had come crashing to the ground in the opening of the film. #bitcoin is the most important & most powerful idea in your lifetime - because you still live in the corrupt fiat world of 2008. Even if you dont realize it, you are a Mark Baum sitting on that balcony. Only #bitcoin can fix this. Only #bitcoin is a way out. Only #bitcoin is Hope.

The people selling #bitcoin now are the people who were going to sell at $100k. The people buying #bitcoin now are the people who aren’t going to sell at any price.

Okay, tardfi markets are closed. Max pain is we have a good old fashioned weekend pump through the sell wall straight to $125,000. The boomers spend the weekend panicking and calling their brokers, $MSTR opens at $750 on Monday, and Saylor announces a new convert issuance for $10B at -0.5% with a 2x premium.

Digiconomist lost. Greenpeace lost. Elizabeth Warren lost. Gary Gensler lost. Ripple lost. Jamie Dimon lost. The shitcoiners lost. The big blockers lost. Peter Schiff lost. Ben McKenzie lost. Brad Sherman lost. Molly White lost. Bill Gates lost. Buffett & Munger lost. Steve Hanke lost. We won. #bitcoin won. El Salvador won. @Saylor won. Humanity fuckin’ won.

Imagine going to all the trouble to hack an exchange just for some ethereum. Like breaking into Fort Knox and stealing the toilet paper in the bathroom.

For anyone wondering why we are stuck at $70k despite massive #BTC ETF flows.

I speak for all of us when I say: go fuck yourself.

actually think Bob Odenkirk would make a great Michael Saylor in the movie

As you all know, I am an $MSTR perma-bull. But I have to say even I was blown away by that earnings call. The vision and execution. This is revolutionary stuff. I am now 100% confident that this is going to be the most valuable company on planet Earth within a decade.

I have a feeling this will be the cycle where a lot of people will be like, “fine, fuck it - those bitcoin idiots were right and I still don’t really get it, but I’m sick of them getting rich without me.”

This should be obvious, but for those to whom it is not: You don’t authorize “the Secretaries of Treasury and Commerce… to develop budget-neutral strategies for acquiring additional bitcoin,” unless those strategies have already been debated, agreed upon, and made ready for execution.

Tbh the chad move for Canada here would be sell its entire $375B stockpile of US Treasuries and buy Bitcoin with the proceeds.

If you don’t think Donald Trump is going to make the #bitcoin price the daily numerical measure of the success of his second term, you don’t know Donald Trump at all. “Bitcoin hit $1 million dollars today. One. Million. Dollars. Ladies and gentlemen, you’ve never seen wealth creation like this before. That’s what you get for electing me. I’m making you all filthy rich. But not the Democrats. They hate bitcoin, so they are all having fun staying poor. Don’t you love that? We love seeing nasty democrats like Pocahontas staying poor. They can’t get their filthy hands on your money when it’s in bitcoin. Bitcoin is on the moon because of Trump. Many people are saying Donald Trump is the one who sent Bitcoin to the moon. Some have even said that I’m more important to Bitcoin than Satoshi.”

The decision of Vanguard, Merrill Lynch, and others denying people access to #bitcoin ETFs is not an aesthetic or financial decision. It is a political one. After all, the executives at these banks know that they can’t possibly gain customers by denying access to #BTC - nobody is switching TO Vanguard because they are not offering them, although many will switch FROM Vanguard. Financially, this can only be a losing decision for them. However, they know that these ETFs were opposed by the current financial regulatory regime and were approved “over their dead bodies,” so to speak. Vanguard et al. are signaling that they are allied with the regime in opposing them. They are hoping to curry political favor in return and calculating that this favor will outweigh the business they lose.

In retrospect, the craziest thing about $MSTR becoming the most powerful corporation in the world (inevitable) will be that @saylor literally begged everyone else to do what he did and adopt #bitcoin. He not only broadcast but open-sourced his strategy from the very beginning. He did so as a time when many companies could have (easily) caught up and surpassed $MSTR. That window has now closed. Rekt city.

Fade our boy @saylor and we liquidate you. You thought $GME had degens? #bitcoiners invented the term “HODL.” We are the short squeeze now. You merely adopted volatility. We were born in it, molded by it. We didn't see low vol until we were already men, by then it was nothing to us but boring! We like the stock. $MSTR

Hot takes: - the era of five figure bitcoin is over. - the era of six figure bitcoin will be much shorter than the era of five figure bitcoin.

Nobody cares. Buy Bitcoin.

guys I regret to inform you that its over the Saudis fronted $2.5T of cash and bought all 21,000,000 bitcoin it didn’t move the price because they bought OTC

The 30 year CAGR of the S&P500 is ~10%. $500,000 invested at 10% for 30 years is $8.7M. If someone was stupid enough to give you a $500,000 loan at 2.6% for thirty years and you PAID IT OFF EARLY you are numerically illiterate. Dave Ramsay is a literal retard.

“Dad, who was your commencement speaker when you graduated from college?” “Some guy who told me to buy #bitcoin at $60,000.” “Did you?” “No, I laughed at him.” “Dad, you’re a moron.” “I know, son. I know.”

I can’t believe you fuckers made him say this (like it wasn’t obvious from the ten million hours he’s spent talking about Bitcoin) because you decided to take one comment out of context and let your tin foil hat brains run amok.

if you fall for this shit again you are retarded and I will have no sympathy for you when you are destitute

holy shit @GrantCardone delivering the low key best insult I have ever seen 🤣

America First means kicking Ripple and their shitcoin XRP to the curb.

$MSTR gonna open at $1000. @saylor vindicated beyond your wildest dreams. Wall Street in shambles. And we’re just getting fucking started. #bitcoin

$AMZN generated $15B profit last quarter, and the market thinks its market cap is $2.3T (~150X). $MSTR generated $12B profit last quarter, and the market thinks its market cap is $73B (6X).

Ripple has no place at the policy table in the Trump administration.