Bitcoiner. “It is impossible for a man to learn what he thinks he already knows.” - Epictetus

Joined August 2023
126 Photos and videos
Pinned Tweet
Replying to @IoniAppelberg
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Jack Wheeler ⚡️ retweeted
If you denominate US GDP in gold instead of dollars, the chart is wild.
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Jack Wheeler ⚡️ retweeted
The greatest enemy to the prosperity of the American people is our own government, and it’s not even close.
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Jack Wheeler ⚡️ retweeted
Beef is the cleanest inflation signal in the economy because every input is physical and none of it can be faked. You cannot manipulate when a calf is born. You cannot manipulate the two years of feed it takes to raise it. You cannot manipulate the harvest, the processing, or the truck that delivers it to the store. No hedonic adjustments. No substitution effects. No statistical massaging. Just a rancher, a cow, feed, time, and a price. Ground beef, average US price per pound: 1970s: $0.90 1980s: $1.30 1990s: $1.50 2000s: $2.05 2010s: $3.45 2020: $4.12 2021: $4.33 2022: $4.81 2023: $5.02 2024: $5.39 2025: $6.09 Today: $6.75 Fifty years to go from $1 to $4. Six years to go from $4 to $7. You cannot print cows. You cannot print Bitcoin. When both are widely understood, to get the cow, you will need the actual bitcoin.
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Jack Wheeler ⚡️ retweeted
Replying to @Chrissssjohnson
Everybody wants to buy the dip until it's time to buy the dip
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Jack Wheeler ⚡️ retweeted
Replying to @bourscheid
No, you don't get it. He does not have $1 trillion sitting in cash, it is 99% stock in his companies. To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined. Okay, but now Elon has $100b in cash, and can "solve the world's problems". $100b divided by the world's 8 billion people is $12 If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation. But everyone on earth could have one nice meal and you could revel in your altruism.
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Jack Wheeler ⚡️ retweeted
"... the political left has long had a remarkable lack of interest in how wealth is created. As far as they are concerned, wealth exists somehow and the only interesting question is how to redistribute it." — Thomas Sowell
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Jack Wheeler ⚡️ retweeted
Pure game theory - Bitcoin made your capital exitable. A Passport Portfolio makes you exitable. Once citizens can leave - governments forced to reform to compete for you, your capital and talent. Making it happen, one second passport at a time 😎
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Jack Wheeler ⚡️ retweeted
Bitcoin bear markets are for lowering your cost basis. The more it falls, the better.
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Jack Wheeler ⚡️ retweeted
Pas envie de célébrer le bull. Bitcoin est aussi une assurance contre l'effondrement du système. La hausse de son prix reflète la hausse de la probabilité de cet effondrement. On ne peut pas souhaiter le chaos (et pourtant il est déjà là)
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Case closed.
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Jack Wheeler ⚡️ retweeted
22 yrs ago today, after a long zoning dispute with local officials that ruined his business, welder Marvin Heemeyer had enough & created the Killdozer. He destroyed the mayor’s house, the judge’s house, town hall, the police station, & the bank - while avoiding hurting civilians or their property. Happy Killdozer Day to those who celebrate 🎊
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Jack Wheeler ⚡️ retweeted
Is this even real? I can’t believe this question was actually asked. No. The US Treasury cannot “bail out” Bitcoin- not your keys, not your coins. But also, Scotty could’ve just said no…
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Taxation is violence.
Taxation is literally extortion.
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Jack Wheeler ⚡️ retweeted
New paper provides scientific validation that Bitcoin improves energy equity TL:DR: Using Bitcoin mining recycled heat for hot water and space heating in apartments makes heating significantly more affordable for residents, especially in colder climates Source: sciencedirect.com/science/ar… Published in: Case Studies in Thermal Engineering Impact Factor: 6.4 (in the top 5% of journals worldwide)
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Jack Wheeler ⚡️ retweeted
The idea that unbacked credit creation creates economic growth makes as much sense as thinking you can create warmth by hacking a thermometer's display to show higher numbers.
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Bitcoin fixes this.
For 55 years the federal government has required your bank to inform on you, and made it a crime for the bank to tell you it did. Every account watched. Every transfer over a line logged and forwarded. Every deposit a clerk finds unusual written into a report you will never see, sent to an agency you never chose, about money you worked for and already paid tax on. In 1970 the enemy was organized crime. In 2001 it was terrorism. In 2025 it was the border. The enemy is whatever they need to put on television so no one counts the millions of ordinary people swept up in the same net. What it actually does is turn your bank into a branch office of the state. A private company you trusted with your paycheck, deputized to watch you, required to file on you, forbidden from warning you, handing a running ledger of your life to an office that needs no warrant to read it and answers to nobody when it is wrong. The Fourth Amendment was supposed to stand between you and that ledger. A doctrine they invented decided it does not. The day you handed your money to a bank, the courts ruled, you consented to all of it. You cannot live without a bank. They built the machine on a consent no one is free to refuse. They named it the “Bank Secrecy Act.” Ironically, the only secrecy it defends is the government's. The bank cannot tell you it reported you. The agency that ran the program could not tell Congress how many criminals it ever caught. Your secrecy is called suspicious activity, flagged, filed, and forwarded. $59 billion spent. 28.7 million reports filed on Americans. 275 investigations actually tipped off. The system does not fail at catching criminals. Catching criminals was always the cover. The watching was always the product. The threshold sold in 1945 as a high wall around the wealthy has been dragged by inflation down onto everyone. $10,000 bought two new Corvettes in 1970. Today it buys the engine. The wall has not moved in 80 years. They just waited for the dollar to walk everyone into it. Money you worked for, in accounts you opened, watched without a warrant your entire life, and you were never told. Today Cato's @EconWithNick said it straight to House Financial Services. The Bank Secrecy Act is the Bank Surveillance Act. They have known for 55 years and watched you anyway. Do not give them a 56th.
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Jack Wheeler ⚡️ retweeted
Bitcoin? Anyone can replicate it. It's just software. Copy-paste. Done. It's not going to work. Write your lines of code. Launch your network. Bootstrap global consensus from zero. Convince miners to burn electricity for your token. Get nation-states, corporations, and sovereign wealth funds to treat it as pristine collateral. Achieve 16 years of unbroken uptime. Survive coordinated attacks from central banks, governments, and legacy financial cartels. Build a $2 trillion market cap. I'll wait. LOL! But I'll be waiting forever because you can't. Why? Bitcoin isn't just code. Bitcoin is • network effects • Schelling point convergence • Thermodynamic security anchored in real-world energy expenditure. You don't "replicate" Bitcoin any more than you "replicate" the internet. If you could just replicate a Bitcoin, then create a Bitcoin. But we both know, you can't.
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Jack Wheeler ⚡️ retweeted
May 18
Cuba rations sugar now. The island that once produced 8 million tons annually and supplied 40% of global exports can't feed its own people the stuff that literally built their economy. In 1958, before Castro's revolution, Cuba exported sugar to 100 countries. Today they import it from... wait for it... Brazil. The same fertile soil that made Cuban sugar legendary still exists. Central planning murdered the incentive structure that made production profitable in the first place. When you eliminate private property rights and replace market signals with bureaucratic quotas, you get exactly this outcome (every damn time). You want to understand why socialism fails? Watch a government ration the one commodity their geography practically gifts them. The Soviet Union did this with grain, Venezuela with oil, and now Cuba with sugar. It's almost impressive how consistently command economies destroy their own comparative advantages... Right now, they can't produce even a fraction of what capitalists used oxen to produce. Socialists will say it's because of sanctions, but the real reason is that no production, even on a basic level, can survive over the long term without private property rights.
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Jack Wheeler ⚡️ retweeted
Replying to @simongerman600
The brainwashing works perfectly. They've got you arguing about tax brackets. Meanwhile, $37 trillion in debt. Unaudited Pentagon budgets. Currency printed into confetti. The fight they want you having isn't the one that matters.
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Jack Wheeler ⚡️ retweeted
Ribeye inflation index has a big print. New price $37.99/lb. 17% inflation annualized from October. 18.5% annualized since last June. 90% cumulative since 2020. 11.0% compounded annually over 6 years. Same ribeye, same store. High rates? Don't care. Bitcoin is the only way out!
Your favorite all in one inflation index has a price update. Same ribeye at the same store is up 6.2% since June, now $34.49/lb. 19% annualized. Since the prior update in 2024, compound annual inflation is 12.6%. Cumulative 72.5% increase since 2020. Bitcoin is the only way out!
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