You either die a slave, or live long enough to see yourself become a Bitcoiner.

Joined June 2020
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If you think that governments can ban #bitcoin, then you don’t understand #bitcoin. If you think that governments won’t try to ban #bitcoin, then you don’t understand governments.
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Commence the excuses…

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Back to basics. Fiat money is fake and immoral. Humanity is being cattle herded into a debt slavery system enhanced by AI-enabled dragnet surveillance. Bitcoin fixes this. If you don't get it, I don't have time to explain it to you. Figure it out.
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Replying to @yeagerdoxy
Money is the base layer, while capital can refer to wealth or assets in general. What Saylor is doing is renaming things in a very Orwellian way that benefits him. For example, he calls Bitcoin "digital capital" so that he can then create a second category called "digital credit" which is just a marketing term for what's actually just a perpetual preferred stock. Names ultimately don't matter-- but what's happening does. And that is plebs getting loaded up by Saylor with stonks, while the BTC goes to sit at Coinbase Custody (if it's even there). Neither of those things are good for Bitcoin adoption, but they do make Saylor richer
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Jun 8

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the path to hyperbitcoinization is constant rugs until most people self custody
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I hate when Peter is right. Not everyone has caught on to the concept of dilution. Investors are getting diluted as Saylor tries to fix the issue. But there is no way to fix the issue. People got into MSTR for the leveraged $BTC and now the opposite is happening while $MSTR is under water…
As damage control, @Saylor just announced $MSTR bought 1,550 BTC for $101 million while also increasing its U.S. dollar reserves by $100 million. If MSTR sold stock at a discount, that diluted Bitcoin per share. This doesn't prove MSTR can sell Bitcoin, but that it can't.
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Saylor lured ppl in to buying MSTR only to fleece shareholders repeatedly to service the preferreds. The entire case for owning MSTR has been destroyed. Only narrative left is owning a lot of BTC & selling the gains to continue to pay dividends. Reverse Gresham’s law machine.
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Exactly what the financial-industrial complex is doing with Bitcoin right now. They want to custody your Bitcoin while encouraging you to lever up and borrow against it, so they can margin-call you when they scoop it up on the cheap. They want BlackRock, Strategy, Coinbase, or a Cantor-connected Bitcoin treasury company to hold your Bitcoin. They want your Bitcoin wrapped in Michael Saylor, Brandon Lutnick, Adam Back, David Bailey, Jack Mallers, Steve Witkoff, Eric Trump, or Donald Trump Jr. instead of held in your own self-custody. Understand the difference between owning Bitcoin and owning a financial product built around Bitcoin. One moves you closer to sovereignty. The other moves Bitcoin closer to the financial-industrial complex. Your choice.
Jun 6
A 1973 Wikileaks cable shows primary dealers explicitly planned to use gold futures volatility to "diminish initial demand for physical holding and negate long-term hoarding by US citizens." @chrismartenson reads it in black and white.
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bitcoin is the best money do not let anyone gaslight you into believing otherwise stack real bitcoin, not that fake shit
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Saylor: Never sell your bitcoin Also @saylor : I sold 32 BTC just to show the market that BTC is an asset you can sell and that I'm totally willing to sell it. Whenever someone speaks out of both sides of their mouth - be extremely sceptical.
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Whatever your views on BIP-110, it's v clear to me that we MUST have a return to cypherpunk values in #bitcoin. Whatever it costs in short term price action is worth it. 💻 Run a node 🛒 Spend BTC 🕵️‍♂️ Buy KYC free 🖕 Rug the scammers 🔑 Hold your own keys ⛏️ Decentralise mining
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Stacking Sats For Families, Or For The Deep State?
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The biggest reason shitcoiners will never be as successful as Bitcoiners is that they lack conviction, loyalty and willingness to put in the hard work. It's all clout and profit chasing.
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bitcoin is open source money
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For those building a long-term self-custody Bitcoin position through dollar-cost averaging, this gets you more Bitcoin for the same amount of fiat. Value your wealth in the amount of Bitcoin and Gold you accumulate if you want to see through the optical illusion of fiat currency. A reminder: the financial industrial complex wants your Bitcoin in their custody, a loan against it, and your attention focused on gambling with ETFs, $MSTR, $STRC and perpetuals. Self-custody your Bitcoin. Run a node. Have a ten year plan, rather than a ten minute plan. Do the opposite of what they want you to do.
The $MSTR mission creep I always said would come. Even though Strategy doesn’t need the money, it is conditioning investors to believe that selling Bitcoin to fund dividends and yield is a normal part of the new Strategy playbook. The result is a structure that normalizes Bitcoin distribution back into the market whenever cash flow is needed to support dividends and yield. In effect, they’re building the infrastructure for short-term Bitcoin price management while training investors to view it as prudent capital allocation. A gift to the Financial Industrial Complex. Bitcoin was designed to separate money from the financial system. The FIC wants Bitcoin integrated into the same system of custodians, leverage, yield products, and paper claims that dominate traditional finance. Strategy accelerates that transition by making Bitcoin sales, dividend policies, and yield engineering part of the accepted model. It is what it is. Bitcoin can be used by anybody. But Bitcoin in self-custody is the resistance. In the long run, the FIC doesn’t want you to own Bitcoin. It wants to custody your Bitcoin, tokenize your Bitcoin, lend your Bitcoin, and issue paper claims against your Bitcoin. The goal is simple: keep you a paper-Bitcoin slave while they accumulate the real asset instead of you. Not your keys. Not your Bitcoin.
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It's officially the Summer of stack. Tune out the noise, focus on your craft, and stack sats at bargain prices.
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We’re at the stage of the cycle which separates the what from the chaff. If you were here for quick gains, go ahead and sell - you won’t be remembered. If you are here to put an end to the global slavery system known as central banking, hodl on my brothers. ✊
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Strive for Bitcoin in self custody and free yourself from the financial industrial complex wrapping your Bitcoin into collateralised debt obligations.
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When lights come on & the liquor runs out, you realise there are very few who maintained their dignity until the end. As the fiat degeneracy bubble pops (this cycle’s shitcoin bubble), a lot of people are going to have to humble themselves and admit they succumbed to greed.
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More Thoughts On Michael Saylor and Strategy
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