Mr.Wits

JUST IN: POMP JUST PUT ON AN ABSOLUTE #BITCOIN MASTERCLASS FOR THE NEW YORK TIMES "GOVERNMENTS HAVE TO PRINT MORE MONEY" BTC "WILL GO UP AS THE DOLLAR GOES DOWN" CRITICS ARE CAPITULATING 🚀

MICHAEL SAYLOR JUST SAID: “0.1% OF THE ECONOMY HAS CLEAN MONEY AND 99.9% OF THE ECONOMY RUNS ON DIRTY TOXIC ASSETS.”

Kevin O’Leary reveals Jeff Bezos doesn’t make decisions after 1 PM "Bezos will not make a decision after one in the afternoon because he felt that the noise was too high. The signal for him was in the morning hours" "This is a crucial aspect of success that I now understand defines an entrepreneur. A man or woman that understands a signal noise ratio and focuses on that, they'll be successful" "The ones that can’t get down to a 50/50 signal noise, they'll fail. It's a very simple concept. You have to decide how much signal you need to get those three to five things done"

"You don’t get rich by diversifying into 50 mediocre assets. You get rich by finding 2 or 3 asymmetric home runs." — Stanley Druckenmiller

🔥ELON MUSK’S 5-STEP RULE FOR RUNNING COMPANIES: QUESTION EVERYTHING, DELETE WHAT YOU CAN, SIMPLIFY WHAT’S LEFT, THEN SPEED IT UP, AND AUTOMATE.

The banks that told you crypto was a scam are now building crypto products. The governments that said they'd ban it are now issuing permits for ETFs and debating digital currencies. The financial media that mocked it is now covering it daily. They didn't change their minds. They changed their position.

SAM CALLAHAN: "Bitcoin has been stress tested it's entire life, It has technical threats, political attacks, government battles. It has powered through all of them because Bitcoin's the most secure computer network in the world." "Bitcoin will overcome any future potential quantum threat."

A few good books worth reading: - Atlas Shrugged by Ayn Rand - a classic that celebrates builders. Once you read it, you’ll notice the same characters and events taking place today. - The Changing World Order by Ray Dalio - great for understanding how civilizations rise and fall and how crypto can help create better countries. - From Third World to First by Lee Kuan Yu (founder of Singapore) - talks about building a new country, worth reading for understanding nation-building.

Bitcoin discourse

CLASSIC: 1st mention of Bitcoin on TV in 2012 when $BTC was $5. "It's the future."

"BITCOIN IS FUEL FOR A POTENTIAL NEW INTERNET." Alexis Ohanian, Co-Founder of Reddit, on why $BTC is the most important invention of the digital age. "It gives us the opportunity to have a store of value that’s not backed by a country.”

Average Americans are seeing more and more of their net worth tied up in real estate, and that effectively acts like an annual wealth tax. This dynamic hits low and middle income households the hardest because a disproportionate share of their net worth gets tied up in housing, leaving little left to invest in other assets. The worst part is that this tax gets paid regardless of how much equity they actually have. If you’re a first-time buyer putting 10% down on a home you can barely afford, you’re paying property tax on the full value of the home, not just the 10% you actually own. So you’re effectively paying tax on the 90% the bank owns… on top of paying interest to the bank for the privilege of borrowing it. If you don’t own a home, those same costs don’t disappear, they get passed through in your rent. That’s a big part of why inflated housing prices are so harmful to the broader economy.

BITCOIN IS BACKED BY 16 YEARS OF NOT FAILING No central authority, no reset. Scaramucci says that’s why institutions are moving in. Supply capped, demand isn’t. 👀

People - Do not give up custody when will you learn? There are technologies getting implemented that do not require your assets to leave their native wallet. Be patient. MPC and TSS are rolling in. Then these treasuries will be secure. Until then understand every app accepting custody is secured by humans you dont know with keys you dont have. The only time giving up custody can be considered is for staking natively on a blockchain validator. There must be a very very good reason to move your assets out of cold storage for a measly yield. Giving up custody is a risk. Mitigate risk. Hold and be patient. I will continue to preach this.

Elon Musk explains WHY his is a fan of Bitcoin: “Bitcoin is based on energy… it is impossible to fake energy.” "You can issue fake fiat currency… but it is impossible to fake energy." “Bitcoin is a good thing.”

Former PayPal President David Marcus: "generations to come will wish they were born in this one when they still had a chance to own one full Bitcoin."

Ray Dalio says CBDCs could track all transactions and limit user freedom. This is why Bitcoin exists.

"People get confused sometimes they think an economy is money. Money is a database for exchange of goods & services. Money doesn't have power in & of itself. The actual economy is goods & services" 一 Elon Musk

Watch and learn about Bitcoin mining in 12 minutes

The conflict in the Middle East just proven Bitcoin's thesis.