Joined March 2014
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Yep.
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"We need to protect the kids" is always an excuse to enslave adults. The government doesn't give a shit about the kids.
🚨 NEW: The UK social media ban for under-16s will be enforced through facial recognition, digital IDs, credit cards, open banking, passports, mobile provider checks or email age estimation
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Take the 100k and buy bitcoin today. Hold it for 5-7 years and you'll be able to buy a house in cash. You won't do this, but you should.
I’m 31 with $100k saved. I can put it toward a house down payment, or invest it and keep renting. What would you do?
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They used to say "when your barber gives you stock tips, it's time to sell." I like to say, "when 33 year old public relations managers try to borrow money from anyone that will lend it to buy an IPO, it's time to sell." Not as catchy maybe.
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I'm still not interested in bitcoin backed loans yet, but I'll admit they are getting more interesting. Roxom offering 7.25% APR with no fixed term, no monthly payments at 50% LTV is a big step in the right direction. Provided you trust the custodian this is the best product yet.
Look at the APR you pay to borrow against your "pristine capital." Bitcoin backed loans are a joke. Even someone with bad credit can get lower fiat rates with zero collateral.
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Roxom is offering US Prime 75bps here (~7.25%). Which beats the competition out of the water. Personally, if I'm putting BTC as collateral, I expect to get SOFR 100bps (~4.75%). Getting close...
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I know people don't LIKE the truth, especially if you're financially invested in the lie but... Something really smells foul here.
SpaceX IPO; - ~5bn net loss last year - 3x higher than normal retail distribution for IPO shares (~30% retail) - Over 90x price-to-sales ratio (can't even calculate P/E ratio because the company has no earnings) - ~1.8tn valuation is 95% based on "future AI profit expectation" that doesn't exist and likely never will Two simple observations; 1. This is a literal retail bag drop. Insiders cashing out at what it likely an approaching major market top. 2. The AI bubble is going to implode. There aren't enough greater fools on planet earth to keep this thing afloat. Market bubbles do not get any more ridiculous than these kinds of baseless valuations. This is peak dotcom level absurdity.
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Bitcoin is money. There is no capital gains tax on money for those who aren't actively trading it. Just because that money happens to be volatile right now isn't an excuse.
If Bitcoin is meant to be a supreme store of value that accrues large unrealized gains, then a capital gains tax makes sense, no matter what people would prefer. It has transactional rails native to it, but it also behaves like an equity instrument. Can't expect a special unique carve out just for this one asset
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Let the games begin.
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This is how dumb socialists are. The employer takes all the risk, and as such, receives most of the reward. The employee takes zero risk, and receives a consistent paycheck for contributing to production. If you don't like it, start your own company. Take on all the risk, use your own capital, work long hours to build something from the ground up... If you succeed, you're welcome to give your employees all the profits you risked everything for. But you won't because it's far easier to just complain that you aren't getting your "fair share."
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Already talking bailouts for the AI bubble. They know these companies can’t be profitable.
Trump administration, OpenAI discussing possible government stake in the AI startup cnbc.com/2026/06/05/trump-op…
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SpaceX IPO; - ~5bn net loss last year - 3x higher than normal retail distribution for IPO shares (~30% retail) - Over 90x price-to-sales ratio (can't even calculate P/E ratio because the company has no earnings) - ~1.8tn valuation is 95% based on "future AI profit expectation" that doesn't exist and likely never will Two simple observations; 1. This is a literal retail bag drop. Insiders cashing out at what it likely an approaching major market top. 2. The AI bubble is going to implode. There aren't enough greater fools on planet earth to keep this thing afloat. Market bubbles do not get any more ridiculous than these kinds of baseless valuations. This is peak dotcom level absurdity.
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SPX in real terms. When you remove inflation it's gone nowhere since the dotcom top. The amount of printing required to keep this afloat will be massive.
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Good example why shitcoiners always fall back on baser tribalism to promote their grifts. They get torched on technical & ethical merit every time. The term "bitcoin maxi" was created by Vitalik for this very purpose.
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Sound money doesn't need to be "backed by" anything. It just needs the properties of sound money and people will keep it as a store of value and use it as a medium of exchange. Scarcity Durability Fungibility Divisibility Portability
"Bitcoin isn't backed by anything." Let me stop you right there. Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics. The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting. Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof. The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee. There's just math. Cold, indifferent, and immune to political theater. The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day. Now let's talk about what is backed by nothing. The dollar. It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing. In the same people who can't pass an audit. Who fund wars with a credit card. Who promise solvency while sitting on $39 trillion in debt and accelerating. "Backed by nothing" isn't an attack on Bitcoin. It's a confession about the dollar. Follow if you're serious about building wealth they can't print away.
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Shitcoiners falling like flies… Remember when this guy confidently claimed his crap token would overtake Bitcoin? Yeah he still got rich though… while everyone who followed his advice was financially ruined…
Charles basically telling $ADA holders it's over...
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This can't continue much longer. Daily RSI at the lows of Feb dump. 1h RSI heavily divergent and in need of a break.
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as if on command
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Delta skew highest since FTX dump. Traders max shorting the bottom as per usual.
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The biggest problem with Bitcoin is that it's a really smart asset in a world full of retards.
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