The NGOs end up increasing the number of homeless people they manage, because that’s the only way to increase their revenue! Incentives drive outcomes. “Homeless” is a propaganda word used to describe people on the street who are mentally ill or severely addicted to drugs. The word implies that this is someone who fell a little behind on their mortgage payment and they’re one job offer away from getting back on their feet, which is obviously false if you’ve ever tried talking to a “homeless” person in SF, LA, NY, Austin or anywhere else. The honest reality is that we need to bring back asylums for extreme mental illness or drug addiction for those who are a serious danger to themselves or others.

how many times @nvk changed his bio last month? while 0 responses to the victims

Coldcard was NOT an LLM enabled attack, people created seeds with weak entropy and had their weak seeds brute forced. Brute forcing is older attack than bitcoin itself. Don't allow yourself to be gaslit by this narcissist.

🔒 Bitcoin could get Zcash style shielded transactions with zero soft fork and no company running the pool, says researcher Misha Komarov, who is building it right now. unchainedcrypto.com/bitcoin-…

We are far more enslaved by the bottom 1% than the top 1%

Narrative violation.

Altcoins waiting to see what Bitcoin will do next.

Total wealth of US billionaires = $9 trillion. If we confiscated all of their wealth, we'd only be able to run the federal government for about 14 months. Perhaps our problem isn’t how much billionaires have but how much politicians spend.

Who’s still holding? 🫡

Why isn't financial education taught every year in school? It is by far the most important topic to cover.

Bitcoin this week 😂

Unpopular opinion but we spend far too much time organising our society around the lowest 20%. The poor, violent, uneducated, underperforming, illegals, refugees etc etc we throw BILLIONS at them every year and they never seem to get any better. Instead we lack any compassion for the productive elements of society who get up every day and go to work. We tax them or 'red tape' them to such an extent that they've clearly stopped producing. We need to build a society around the top 40% - lets get everyone rich. Start believing in ourselves again.

Money lesson: If something costs $1,000 and its on sale for $750, and you decide to buy it, you did not save $250. You spent $750. Sorry girl mathers 😅

Imagine selling Bitcoin when 30 yr Treasury yields are hitting the same level as the 2007 great financial crisis 🤦‍♂️

Interesting analysis of Bitcoin ownership by @River!

We are on the path of maximum pain, if you survive the journey you will know what HODL means. You’ve survived: - Coldcard hack - Phishing and scams - Exchange collapses (Gox/FTX) - Lackluster price performance Only the HODLers are rewarded for their resilience.

When do we hit $1,000,000 a Bitcoin?

Zcash is 10 years old and when #bitcoin was this age it had: - $350M transactions. Zcash has 18M. - $2.5B/yr in mining revenue -- Zcash has $0.6B Zcash has millions from crypto VCs. Bitcoin had zero. Zcash is not "Private Bitcoin"

How I like my coffee 👏

Dan Held (@danheld): SpaceX Will Hit $100 Trillion Market Cap In 20 Years (The Detailed Thesis) Timestamps: 00:00 Intro 02:13 Apathy Was The Bitcoin Bottom Signal 04:15 OG Bitcoiners Are Buying Zcash 06:22 Privacy Chains Have A Supply Tradeoff 08:18 Bessent Treasury Twist Explained 10:46 Dan Sold Equity To Buy SpaceX 14:06 SpaceX Will Own Your Phone Plan 17:05 New York To Tokyo In 25 Minutes 19:00 SpaceX At $10T In Three Years 23:51 What Invalidates Your Investment Thesis 28:05 Sold At $1,000 Per BTC, Missed On Millions Story 30:14 Bitcoin Is Still Not Digital Gold Yet 34:44 Family Offices First Into Crypto 39:01 Dan's Net Worth Dropped 85% Three Times