Phil Reale

When the person pretending to be crazy meets the person pretending to be sane:

lolol

Whoa

@thebillyboone @gladstein Whats this about double taxation for minera now?

In case you don't realize what just happened: MARA sold 15,000 BTC, Bitdeer sold all of its BTC, Riot is selling BTC from treasury to fund data center build-outs, Auradine just rebranded to Velaura AI. The biggest miners are leaving the game. Not necessarily because it's broken, but because AI pays more per megawatt. Think about what this means: These aren't small players. They find thousands of blocks and move global hashrate. When they redirect capital and infrastructure toward AI, that hashrate comes offline. Unless equivalent hashrate fills the gap, difficulty drops. And it doesn't seem the the gap will be filled in the near term because the whole reason they're leaving is better margins elsewhere. Lower difficulty = higher margins for every miner who stays. And there's a second layer here. If the Strait of Hormuz stays closed into April, energy prices climb. Oil-dependent miners get hit hardest. This might be the best setup small/medium miners with stable PPA's have seen since the 2021 China mining ban.

Dave Chappelle on meeting and working with Jim Carrey. But nothing could’ve prepared me for the punchline at the end 🤣

Can’t fix stupid 😭😭

@CrownedCaribou lol wut

Sephiroth's Super Nova is probably the most gratuitous attack ever inked in a game. In it, he obliterates most the planets in the solar system and detonates the Sun. And yes, he can cast it multiple times in the battle. I think it's fantastic.

@Y2John84 Noooo

In Memory of James Tolkan 1931 - 2026

@jrhennessy Looks like the vets didnt move a muscle.

aspirational levels of fucking up at work

Daniel Bryan shared his biggest victory with an eight-year-old warrior 🥹 He was just eight years old, but Connor “The Crusher” Michalek had the heart of a true champion. Battling brain cancer with incredible courage, he found strength in the world of WWE- especially in his hero, Daniel Bryan. When Daniel Bryan won the WWE World Heavyweight Championship at WrestleMania XXX, the first person he went to wasn’t another superstar, it was Connor. In the middle of the biggest moment of his career, Bryan knelt down, hugged him, and shared the victory with the little warrior who had inspired him all along. Connor wasn’t just a fan in the crowd. He was part of the story. A reminder that strength isn’t measured by titles or trophies, but by heart. Even after his passing, his spirit continues to inspire millions. Because sometimes, the smallest warriors leave the biggest legacy. 💛

@TFTC21 You guys should spell out what to say specifically by email or phone - "Don't pass X bill because Y" and 100,000 people contacting their reps will help knowing what to say.

Folks, we told you this was coming, and today the mask is fully off. A couple weeks back we reported, based on solid sources, that Coinbase was quietly lobbying to kill a real de minimis tax exemption for Bitcoin while pushing one that applied only to stablecoins like USDC. We laid out the clear incentives in our deep dive. Coinbase made 1.35 billion dollars in stablecoin revenue last year, up 48 percent year over year, almost entirely from yield on the Treasuries backing USDC. A proper Bitcoin de minimis would let people spend sats on everyday purchases without triggering taxable events on every transaction. That directly competes with their centralized yield machine. We called it what it was. Policy that protects Coinbase’s float rather than advancing neutral Bitcoin adoption. Brian Armstrong pushed back hard. He called our reporting totally false and misinformation while insisting he was personally lobbying for Bitcoin de minimis. Some accused us of lying or spreading rumors. We stood firm. We offered to have Brian on the TFTC podcast to clear the air. We waited. Now the latest draft from Reps. Horsford and Max Miller on the updated PARITY Act framework has dropped. It confirms exactly what we warned about. It gives a de minimis exemption to stablecoins but leaves Bitcoin out entirely. It keeps the punishing double taxation on Bitcoin mining fully intact while carving out relief for passive validation, basically staking. This is not an oversight or sloppy drafting. It abandons any pretense of technology neutrality and deliberately picks winners. Dollar-pegged stables and staking get the breaks, while actual Bitcoin usage as money and Proof-of-Work mining get kneecapped. Without de minimis for Bitcoin, every small Lightning payment or sat transaction still forces cost-basis tracking and IRS headaches. Paying your plumber in sats or grabbing lunch with Bitcoin remains a taxable event. Stablecoins, being pegged and low-volatility, get an exemption they barely need. The real beneficiary is protecting that massive USDC reserve float and the yield it generates. Meanwhile, American Bitcoin miners, already operating in one of the toughest, most capital- and energy-intensive industries, face continued double taxation while staking gets a pass. That is not neutral policy. It is industrial policy against domestic Bitcoin mining at a time when we should be leaning into energy abundance and securing the hardest monetary network. The Bitcoin Policy Institute is releasing a full statement soon, and we fully back the call for strong community pushback. Every Bitcoiner needs to contact their reps and make it politically radioactive to sideline Bitcoin while handing carve-outs to stables and staking. This language slows real adoption, entrenches custodians, and weakens American Bitcoin infrastructure. We weren’t lying. Our sources weren’t lying. The draft proves the reporting was on target. Those who rushed to call it misinformation owe the community some honest reflection. Brian, if you’re still open to that conversation, the invitation stands. Come on the podcast. No spin, just walk us through how this draft lines up with your stated support for Bitcoin de minimis. The mic is warm. This fight isn’t over. Bitcoin doesn’t need permission, but bad policy can delay sovereign adoption and punish the miners securing the network. We’re here to protect the protocol and the right of individuals to use sound money without turning every transaction into a compliance nightmare. Stay sovereign. Stack sats. Use Bitcoin as money anyway. Call your reps today.

This Lone Ranger Atomic Bomb ring was distributed by Kix cereal in the late 40's, for 15 cents and a mail-in box top. It was actually a spinthariscope containing radioactive Polonium-210 (one of the most toxic substances out there). A child would take the toy into a pitch-black room, remove the tail cap from the 'bomb', and look through a tiny lens to see flashes of light from the Polonium-210 atoms decaying into Lead-206.

This is why we do Cold Storage in crypto. "Not your keys, not your coin." Exchanges - every other year for us. So we self custody. Interesting to see how this shit plays out in Wall Street fiat arenas. When cryyto exchanges' oracles get confused on pricing they cut the circuit breakers on trades. I wonder what this Schwab situation was caused by.

Charles Schwab had a system failure yesterday (3/25). They couldn't tell if trades got executed or not and said they wouldn't know until this morning. This was their entire system as I understand it, individuals, advisors, everyone. Kind of amazing it takes them 12+ hours to figure out if trades happened or not but ok, I guess. Yesterday, they said to check back this morning. I called at 8amish Eastern today. They said the group that handles trade issues doesn't come in until 9am. Seems like maybe having the trade break people come in early the day after a total system failure with tons of trades that either failed, got duped, etc. wouldn't be the worst idea but no. I called back after 9am and they said the system was still resolving itself and they hoped trades would be processed and allocated by 6pm today. It is currently 7pm and my executions from yesterday are still not allocated. The trade reconciliation group has gone home - call back during normal hours the automated line says. I find all of this somewhat amazing. The regulators are up everyone's keester about basically everything except apparently when it comes to one of the larger custodians having a total system failure and all their clients not really knowing their positions. All of this brings to mind a line from Gordon Gekko, "Wake up, will you, pal? If you're not inside, you are outside, okay?"

@Cointelegraph Yeah that will be the banks problem.

⚡️ NEW: Peter Schiff warns that using Bitcoin as a mortgage down payment puts lenders at serious risk, as a BTC crash could wipe out the collateral entirely.

@RetroCoast !!!!

Remember green bar computer paper? #1980s

@drsarah Wrong

I don’t know who needs to hear this but WD-40 is a solvent not a lubricant.

Da Far Side

@Dr_TheHistories This was my fav one too lol

There was a certain kind of humor that didn’t explain itself, it just dropped you into the moment and trusted you to catch up. That was The Far Side. Created by Gary Larson, the single-panel comic ran from 1980 to 1995, appearing in over 1,900 newspapers at its peak. Larson’s work stood apart, no recurring characters, no punchlines spelled out, just surreal, slightly absurd snapshots of life where cows talked, scientists misfired, and humans were often the punchline. The books became staples. Collections like The Far Side Gallery sold millions of copies worldwide, turning what could’ve been throwaway daily comics into something people kept, reread, and quoted for years. And then, at the height of its popularity, Larson simply stopped, retiring the strip in 1995 with little warning, choosing creative closure over endless repetition. That’s part of why it still feels sharp today. It never overstayed. Larson’s cartoons were so influential that biologists informally named a species of louse “Strigiphilus garylarsoni” in his honor, after one of his insect-themed jokes amused a researcher enough to make it official. © Reddit #drthehistories

@thehoffather Why is it non stop only weird dorkass looking losers. Is it like a requirement?

A Seattle judge said we couldn't show the faces of the 33 Antifa & anti-Israel radicals who caused over $1 million in damage to the brand new engineering building at UW in May. So here are their faces & names: Tayler Hart, Max Rulff, Zachary Wallaced-Wells, Jade Wu, Jessica Schutz, Luisa Ortega Subdiaz, Ginger Newberry, Kimaya Mahajan, Gina Liu, Lea Keating, Akira Junyaprusert, Anna Hattle, Julia Fraczek, Cade Jackson, Jonas Piper, Ty Park, Lucy Zern, Tasbeet Iman, Ricardo Colon-Galvez, Roberta Collison, Ella Tunduwani, Zainab Chattha, Riley Centerwall, Catherine Brown, Brett Anton, Claire Berger, Yasmin Ahmed, Yafate Yared, Geneveve Konijisky, Finn Brown, Bailey Keen, Lucas Nichols-Mcauslan and Sam Sueoka. It was all a matter of public record long before the judge made the ruling. KOMO News made this handy collage. Please share

Its true. Sad rabbit hole. The Four Horsemen documentary on the rise and fall of empires laid it out so well when I was first learning how money works.