Here is my @coinfessions story (a thread 🧵):

What if $STRC stays below $100 unless yield goes up?

Trying to convince someone not to pay off their 3% mortgage is like trying to convince someone to buy Bitcoin. If they've already made up their mind, you're probably not changing it. Live and let live. People are allowed to make financial choices you think are dumb.

Welcome to the bull market. Let's rock and roll. 🤩

Hope you learned your lesson: when Bitcoin drops below the Power Law floor, BUY. Don't get cute waiting for lower. You got duped by the Jesse-Cheds-Colin-Alejandro hype accounts with 100K+ followers & fancy TA. Cancel the subscriptions. Learn the Power Law. $BTC

Bulls make money. Bears make money. Pigs get slaughtered. This cycle’s pigs? The ones who sold, thinking they'd buy back at $40K. bitcoin:native

Remember when overpopulation was going to destroy the planet and China imposed a one child policy? Now much of the developed world faces collapsing birth rates. The doomers will always find a new crisis and a way to extract something from you.

Allow me to interpret what’s happening. Anthropic is being audited. Anthropic desires to file an S-1, as they would like to go public. Therefore they need an audit. And by “they”, I mean the VC’s who invested in them. So “they” can exit their position and pass the bag to firemen, nurses, teachers and policemen. How does this go from the VC’s to the working man and woman? Because the size of the IPO will automatically qualify Anthropic for the Fortune 500 and the Dow Jones 100. Therefore, every working person with a 401k or pension will end up owning a little bit of Anthropic in their mutual funds. Teachers hold the bag, VC’s take the cash. Thank you, come again. Now back to the audit. The audit required is a PCAOB audit, Public Company Accounting Oversight Board. This audit is what all public companies must comply with be on the stock market. Revenue recognition, expense classification, depreciation, related party transactions, etc. It’s there for consumer protection. This audit is TOUGH. It is INVASIVE. There is no way to lie your way through it. Any company that passes a PCAOB audit automatically earns my trust on finances. How do I know? Because I’ve been through it before. @ChangRobotics is 2 year PCAOB audited and currently underway for a 3 year audit. It’s brutal. The same as showing up as the valedictorian to your high school graduation, except you’re naked, and you have to walk on stage and deliver the speech. It’s rough. And I know many incredible founders that can’t pass one. Now, why would Anthropic be leaking all kind of weird statements lately about “self pacing” a slow down on AI (e.g. they are WAY behind on revenue), and profitable if they didn’t have expenses (e.g. we just learned for the first time what our expenses are, because we’re being audited). Because they were claiming NVIDIA discounts and Microsoft cloud credits as revenue. Because they had no clue what their expenses were, or why it even mattered. Because they had unlimited investor capital and their job was to burn it to make an LLM. Well, they did a great job with that! That’s the same as my wife coming home with Bed Bath and Beyond coupons and telling me it’s her paycheck. Ummm, not the same, sweetheart. So by now hopefully you can see that Anthropic is in a PCAOB audit right now, in order to file an S-1 and go public, and pass the bag to teachers so the VC’s get profits. And hopefully that explains their “crazy” behavior. In reality you can be grateful to KPMG, PWC, or whoever is auditing Anthropic, because it’s the first time Dario learned that: 1) we are not profitable 2) expenses matter 3) coupons are not revenue 4) we have no clue how to be “profitable” 5) growth is hard when revenue numbers are in an audit and not a power point -your neighborhood engineer

The new iPhone Duo lets you check how broke you are in fiat while watching Bitcoin. $BTC

If AI is going to kill us all in a decade, I'm going out with a bang. 😂

My projection using the Power Law bottom: $1.5 million in September 2039. $BTC

Some people are going to need to see it to believe it. I get that. bitcoin:native

No sympathy for the greedy waiting for $40K $BTC

My CPA/financial planner: A 1% allocation to BTC is sensible if you can tolerate the risk. River: Start at 10%.

$5 mill bitcoin is a pipe dream and irresponsible for anyone to prognosticate. ANYONE suggesting that btc is going to 5 mill is either stupid and irresponsible or is trying to sell you something. 105 trillion dollar asset! Please. Gold is 15 trilly. This prediction infers the value of my own stack is gonna be worth 4.25 billion dollars. Ridiculous. If it sounds stupid, looks stupid, and acts stupid, it is stupid and disengenuous. My mom told me once; if I listen to stupid, mis-guided people, you will remain stupid and misguided. Don't waste more NOW moments on stupid people.

Bitcoin is going to $1,000,000 USD between 2034-2040 and there's nothing you or I can do about it. bitcoin:native

$1M was rich in 1990 now it’s $4M by the time you retire, it’ll be $16M this is incredibly important to understand