"I don't wish ill upon anybody... but I think what they did was wrong" Bob Burnett, executive chairman of Ocean premiere in ~1 hour

Seventeen years later, Bitcoin has apparently failed because it became a boring store of value. Read that sentence again. There are fair criticisms of Bitcoin. The UX can still be awful. Self custody can be intimidating. Entropy is a new word that we all know now thanks to Coldcard. But dismissing criticism from a billionaire tech bro because you don’t like the messenger is lazy. Maybe he’s right. So let’s take the argument seriously. So.. dead cat bounce he says.. bring it. Price action isn’t some slam dunk on Bitcoin’s monetary properties. The price can fall without changing the supply cap, without changing its permissionless settlement, or your ability to hold the asset without an intermediary. Pretty useful, regardless of dollar denominated value. And “boring store of value” is supposed to be the gotcha.. cool story. A monetary asset becoming boring and treated as something worth holding is not the own you think it is. It’s about the least embarrassing feature actually. Yeah institutions changed the ethos. We HATE THAT. Us punks got Bloomberg. Some of the Saylor memes should probably be prosecuted. None of that changed the protocol. The CD/DVD analogy is not even clever, it has a hole big enough to drive a cyber truck through. Spotify replaced CDs by doing the same job better. Netflix did the same to DVDs. So show me Bitcoin’s Spotify. Don’t say XRP. It’ll make us lol. Show me the replacement that gives you scarce digital property, bearer ownership, global settlement, no issuer, and no one who can decide on Monday morning that there should suddenly be twice as much of it. Maybe that replacement eventually exists. Nothing gets a permanent crown. That title needs to be earned and defended, constantly. No one knows that better than the Bip-110 crowd. Speaking of … goes to show we’re not all orange koolaid sipping koombaja singing cultist afterall. Yes there will be disagreements. Yes things can get ugly. This is a feature, not a bug. But you can’t call something the CD before anyone has invented Spotify. And calling Bitcoin boring…. For money, boring might be the nicest thing anyone’s said about it. P.S. People keep vinyl for the memories. People are keeping this for their grandkids.

The fact that Lawrence Lepard came out of this elitist cesspool the man he is says a lot We’re lucky to have that dude on our side

George finally joined the Boomers. Then immediately left to go elk hunting. Bitcoin decoupled from the Nasdaq. Nobody noticed. Half the miners are underwater. Bob has the receipts. Bessent needs a bigger boat. And to everyone still waiting for 40k, Larry has two words. new bitcoin boomers ep

Good question

Bob called BIP110 “a cluster.” George said when you lose a battle, you don’t go home like a crybaby. Then came the awkward question: how does bitcoin actually agree when it needs to change? Very decentralized. Very unresolved. New episode out now

Bitcoin lore is so stupid lmao April 5, 1933: FDR orders Americans to hand over their gold. 1975: Americans can legally own gold again. Satoshi needs a birthday for his online forum profile. He chooses: April 5, 1975. lol. Then he launches Bitcoin. The first block embeds that day’s newspaper headline: “Chancellor on brink of second bailout for banks” So a timestamp (proving no pre-mine) and a shot at the monetary system. Then you get to the 21 million cap. Except there isn’t. It’s actually 20,999,999.9769. Ok close enough. It’s 50 BTC per block. Every 210,000 blocks, cut it in half. 50 - 25 - 12.5 - 6.25 - 3.125 and so on. Keep doing that until the computer literally rounds the subsidy down to zero. That’s the monetary policy. No committee. Just math. Every 2,016 blocks Bitcoin also checks how fast miners have been finding blocks and recalibrates the difficulty toward its 10 min target. Nobody runs that either. game theory is baked in. miners compete for rewards, difficulty automatically adjusts to their combined hashpower. In English: more miners show up, Bitcoin makes the winning hash harder to find, basically adding even more leading zeros. No founder allocation. No company. No CEO. Satoshi built it, handed it to the world, disappeared. Anyway, the dollar is melting.

The treasury said "whatever it takes" Bitcoin did 22% that week. Probably nothing.

As some of you may be aware, we will likely be importing more cheap foreign beef in order to cut the cost at the grocery store for the consumers-this is likely a midterm election strategy as people don’t vote for incumbents when food is too expensive The down stream effect of this is that it will likely cause many American ranchers to go out of business unless additional help is sent their way In the mean time, if you can afford to do so, please buy directly from ranchers if you can-it might be the difference between them going out of business or surviving to keep on doing what they do the best in the world, producing high quality beef! Share this if you’d be so kind!

$79k. Everybody’s a genius again.

Bitcoin boomers woke up and chose violence. 😂

everything that used to give people some sense of meaning has been swapped for cheap dopamine. consumption, consumption, pushed by a ruling class completely detached from normal human life. everyone’s medicated, scrolling, shopping, and throwing ice at bathtubs apparently Seems like the swap sucks

why aren’t flock cameras watching every inch of the border? keeping tabs on us is just way higher on their agenda

KYC is a crime against humanity.

Larry Lepard has some words for .@nvk "you had one job and you *&$#%d it up"

To be clear, I don’t consider anything else than BTC to be Bitcoin. It’s the longest chain. I just have low confidence in its trajectory being compatible with separating money from state. It feels and looks broadly captured to me. I would love to be proven wrong. The POW chain coin will be a fork and should make a new brand/name/ticker based on its own merits and ideas. The ideas are imo very sound and I think it’s an important manifestation of decentralization, that ideals are defended and if necessary forked off for. I will follow it with interest.

"They are not the same" @boomer_btc explains the difference between bitcoin and everything else.

@GrantCardone just bought a Naples apartment complex for $89.75 million and threw in 282 BTC. Naples + Bitcoin is becoming a powerful combination. Join us at BitcoinDay Naples on January 16, 2027 at the @fsnaplesresort and experience it for yourself. Tickets → bitcoinday.io

trezor's code must be pretty solid if the best attack anyone could find was the shipping label