How it feels to achieve self-custody in Bitcoin.

Buying Bitcoin at the exact November 2021 all-time high of $69,000 means your investment has lost 6.9% of its face value based on today's price of $64,232. However, when you layer in the fact that cash dollars lost 19% of their purchasing power during that exact same timeframe, the real damage to your wealth is deeper. [1] The True Cost: Face Value vs. Purchasing Power •Face Value Loss (-6.9%): If you spent $69,000 to buy exactly 1.0 Bitcoin in November 2021, selling it today leaves you with $64,232. You have $4,768 fewer physical dollars. •Real Purchasing Power Loss (-24.6%): Because of cash inflation, a dollar today buys significantly less than a dollar did in late 2021. To have the same exact buying power as $69,000 did in November 2021, you would need about $82,100 today. Since your Bitcoin is only worth $64,232, your actual ability to buy real-world goods (like houses, cars, or groceries) has shrunk by roughly a quarter. And then there’s us… Fully convicted. Still ready to ride it to zero with my compadres in Year 5 of a 4 year cycle and the rest of the Class of 21’, The Gen X, and what’s left of The American Way. We will not be denied. 1 BTC = 1 BTC. ✌️

I’m drinking PA beer while soaking up Pure Michigan Sun in an effort to spot new bush pickles on the vine. Some people think this is dangerous behavior without sunscreen. Maybe. For sure, Bitcoin has never, ever, been more secure than it is today. Stack sats. Then use some.

I’m all for separation here.

This was the last post by @CarlBMenger about 6 months ago… Then Poof 💨

Thank goodness. Clean reauthorization of the unconstitutional FISA 702 program failed in the House. I’ll post the roll call when it’s available.

That’s a little different. 👌

GM @JeffPorterWX Dick Addis would have done something about this humidity by now. Just sayin…🍻

Shout out to any Sheriffs’ Departments across the country for stepping up on behalf of the Citizenry, and willing to carry out the Will of The People.

We’re so close Gang…

Shout out to the 69K Gang! 😂

It’s the start of a brand new week and a brand new month in 26’ Our family is healthy. Our neighbors are coming together. We’re still HODLing. Crashes be damned. We can see the light at the end of the tunnel. It’s a bright future for hard working people using hard assets with hard money. 🍊

🤔

Can you rt this? Maybe we can make a difference

Dear Kentucky, Please don’t drop the ball.

Interesting response.