Callcover
22 posts


Cheap debt for homes means more demand, which means rush jobs like this.
We call these fiat homes.
#Bitcoin fixes this
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So let me get this straight.
#Bitcoin ETF flows die off for a week.
From almost $1b a day.
To nada.
Negative, in-fact.
GBTC starts dumping $300m a day.
Price drops.
Retail panics.
Leveraged longs close out.
People sell off.
#Bitcoin price dives.
Everyone claims ETFs suck, no demand and it's all over.
UK announces ETFs.
Hong Kong in play.
Coinbase lawsuit result drops.
Larry Fink is on TV talking about #Bitcoin being the most successful ETF in ETF history.
Suddenly we're back to $400m-$700m a day of buying like magic.
Are you really this stupid to believe there isn't some strategic buying to acquire every #Bitcoin at the best price possible for BlackRock and the boys?
If thats what you think, I'm glad you got Larry'd and I'm glad an institution holds your #Bitcoin.
They appreciate it for what it is.
They know there's only 21 Million.
Do you?
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@ChrisBlec As stated by the OP: "YES - Bitcoin mining will always be permission less. Anyone can mine. Your tx will eventually get picked up." Bitcoin for the Win !!. Thank you OP for pointing out the superiority of Bitcoin !!!
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It's not just about a 51% attack on Bitcoin.
What do we do when 75%+ of hashrate starts blocking govt blacklisted UTXOs?
Or Coinjoins?
What if self-custody gets banned, pools switch to whitelists & only mine CEX txs?
Stop saying "miners will do the right thing". They won't.
They'll do what's best for their bottom line.
YES - Bitcoin mining will always be permissionless. Anyone can mine. Your tx will eventually get picked up.
But we can't settle for this outcome. We have to ignore all the ngu people thinking "well I'll just sell before then". We have to seek change now.

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@codyadam_ You could try the 'Benevolent Dictator' route.🤔
...you know... Iron Fist in a Velvet Glove... but never, never, never forget what Arnold said about 'Plan B' being a path to failure!
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I read all of Bezos' shareholder letters (I know, disgustingly cliche), but I've been noticeably more efficient after applying one thing from the 1997 letter: tagging every decision as a one-way or two-way door.
One way door: irreversible and should be made slowly with deliberation and peer review.
Two way door: can be reversed or adjusted and should be made thoughtfully but as quickly as possible with little hesitation.
I found that the vast majority of decisions in my day are two way and in the past I've over indexed on the outcome, even if the decision is reversible. Trying to hold a stronger bias towards action.
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Callcover retuiteado
Callcover retuiteado

Callcover retuiteado

@RichardHeartWin Follow the money Richard...... If the industry followed your suggestion, then there wouldn't be multitudes of multi-billion dollar nuclear waste facilities. Government waste for the WIN !!
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Shill me on your favorite on-chain options protocol, anon!
👀Just might find its way into an @bankless article next week👀
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@GrantCardone In Today's money..... NO
15 years ago it was ALOT of money.
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