Ben Kenobi

@BitcoinGambit @sashahodler The payment processor (Bitpay) isn’t the issue. At the end of the day, we can exchange BTC that has increased in value since we bought it for a Ferrari. Ferrari does not charge customers any extra fees or markups for choosing to pay with crypto. We can agree to disagree.

@BadmotiVader @sashahodler They are not accepting it, Bitpay is and they convert it immediately, they do not accept the risk of speculation either.

Congress just introduced a bill to buy 200,000 BTC per year for 5 years and hold it for 20 years. They are considering revaluing the U.S. gold reserves from the 1973 statutory price of $42.22/oz to current market prices to finance Bitcoin accumulation. Bullish!

@BitcoinGambit @sashahodler But value exists in the asset or they wouldn’t accept it in exchange for goods. It’s clear.

@BadmotiVader @sashahodler The merchant doesn't want the risk of speculating on computer game tokens, as per my original post.

@BitcoinGambit @sashahodler So they’re exchanging an asset (BTC) for currency. Value.

@BadmotiVader @sashahodler "Bitpay will immediately turn cryptocurrency payments into traditional currency on behalf of Ferrari's dealers"

@BitcoinGambit @sashahodler Welcome to rumor control. Those game tokens can buy all kinds of stuff. reuters.com/business/autos…

@sashahodler $39 trillion in debt and wants to speculate on computer game tokens 😂 The rest of the world is laughing.

@GunEagleFreedom @CountryFirstRep So… Biden, sleepy Joe, the guy MAGA said had dementia, masterminded a 3D chess coup against his own presidential win. The mental gymnastics at work here are truly mystifying but do go on…

@CountryFirstRep DUMOCRAP lies as usual, sleepy joe Autopen set it all up ahead of time its called ENTRAPMENT You cant spell AUTOPEN WITHOUT ENTRAPMENT BOZO

@markspin @shaguncrypto Absolutely. Risky to be sure, when the LTV goes the wrong direction, you could lose your stack or a portion of it. I haven’t done this, just studying it. 🤝

I get the logic and over time I do think it continues to go up. But if I borrowed last year when Bitcoin was $125k and now it’s $75k’ish, I’m assuming I still have to service that debt. I can’t just re-fi at a higher value and pay the loan down. I get the premise but the devil seems to be in the details.

You could literally - - Stack 5 BTC at $70k ($350,000 total) - Bitcoin reaches $1M - Borrow just 4% against it yearly That’s $200,000/year in liquidity No capital gains tax & still holding the asset Why are people still trading their Bitcoin away?

@markspin @shaguncrypto The logic is that BTC goes up in value each year. The borrower keeps borrowing against the increasingly valuable stack. When they die, heirs inherit the BTC at current value not original cost, (stepped up value) avoiding capital gains taxes. The heirs pay off the loan.

@shaguncrypto I still don’t fully understand how this works.

@PackageGuy747 @MetamateDaz They are compensated for lodging sir. Many of them room together as well. Average net worth of a congressman is $1,000,000. Free healthcare paid us. Roll call in congress is 5pm on Monday. They’re on planes home on Thursday. Just over 100 days worked in 2025. I mean…

@MetamateDaz A lot of them have second homes in DC. If they don’t come from wealth or didn’t earn it it would be tight. It’s not enough for two mortgages. Not defending it. Just reality.

@dubsndoo But sir, examples of excess of the 1970’s: * Gas guzzling V8 muscle cars * Rise of fast food empires and super sizes *Disco Fever, Studio 54- cocaine *Designer jeans *conversation pits not couches *Designer appliances in gold orange and green *”pet rocks”- common beach pebbles

Boomers didn’t buy RVs that they couldn’t afford, we tented it. Boomers didn’t buy new cars, we bought used ones. Boomers didn’t spend six bucks for a cup of coffee at Starbucks. Boomers could hang all their clothes in a four foot closet. Boomers didn’t cry how tough their lives were, we fought through the tough times. Boomers have everything they have because they managed their money, didn’t squander it on frivolous things, and invested it in proven technologies and long term successful businesses. Boomers have zero fucks to give for whiners, fools, and couch potatoes.

@GaryH72058 @Bitcoin_Teddy What happened to the energy you spent working hard for your dollars? It’s gone. You traded that energy working in exchange for a dollar. A dollar that is inflated and debased every day. Prices of goods go up in dollars. Money is an abstract form of our time and energy.

@Bitcoin_Teddy LOL Gata be the dumbest statement I've heard today. No that energy is gone , can not use it ,its gone.

NVIDIA CEO Jensen Huang says, “Bitcoin mining is taking excess energy and storing it into a new form. It's called currency. And you take that currency wherever you like. So you took energy from one place and now you've transported it everywhere.”

@Jackkk “Why would you let someone do that to you?” “ That’s why I own all the credit card companies.” So, the “somebody” doing that to people is him. Got it.

Kevin O’Leary says people in credit card debt shouldn’t be buying coffee “If you have a credit card balance that goes into the next month and you’re spending $5 on a coffee, you’re crazy” “I’ll give you permission to buy a coffee for $5 if you have no balance on your credit card at the end of the month” “The reason I own all the credit card companies is people are paying 23% interest” “Why would you do that to yourself? I can’t make 23% in the market every year. Why would you let someone do that to you?” “So no, no coffees for you except the one you make at home for 19 cents unless you pay off your credit card”

@BlackLabelAdvsr A differing opinion isn’t hate and honestly, asking young people to mortgage their future on the altar of a bank backed student loan is a vampire squid on the face of this country.

For all the haters. I always had roommates until I got married or lived at home. I paid my way through college without help from my parents. And I drove beaters like this $500 Geo Prizm!

Gen Z is drowning in $500 car payments, student loans, $20 avocado toast, luxury apartment rent, and unnecessary travel expenses. Yet, they whine about how hard life is. They have a spending problem. They just don’t want to admit it. Normalize eating rice and beans.

@JoeCassandra So what does this say about speaker of the house Mike Johnson poor mouthing that congressmen can’t make it on $174,000 a year because of inflation and that they need to be able to trade stocks to support their families? I’m sure that’s ”different” somehow, correct?

Here's your harsh truth: Inflation isn't the problem. You just think you're entitled to every luxury. - You don't want to live in a 1000 sq ft house, it has to be 3000 sq ft - You need to drive a new car every 4 years - Vacation has to be at a nice hotel with room service - Dinner has to be Door Dashed because you're tired - I need a new iPhone every 18 months - Everyone goes to Disney World, so I deserve to as well No you don't. Make more money or be quiet. You're not entitled to eat out every day. Growing up, we ate out 2x a month, and it was a bag of burgers and a few large fries we split. "We shouldn't have to live like they did in the old days" No luxury is an entitlement. You still have to put in the work to afford it.

@701Nurse @JohnnyAGI @ramzpaul Pretty low bar. Aim higher.

@JohnnyAGI @ramzpaul At least we know what bathroom to use…

They loved Marjorie Taylor Greene, now they hate her. They loved Thomas Massie, now they hate him. They loved Lauren Boebert, now they hate her. They made fun of Biden for nodding off ("Sleepy Joe), now they ignore Trump outright falling asleep. They put "I Did That" Biden stickers on high gas prices, now they ignore gas prices being even higher. They bragged about Trump being the no wars President, now they support war. They bashed Biden for sending money to Ukraine, now they ignore Trump sending money to both Ukraine and Israel. They demanded the Epstein files, now they bash anyone asking for the Epstein files. To be a MAGA is to be a slave. Not physically, but mentally. They stand for nothing. We're up against people who stand for nothing. And with the most misplaced confidence you've ever seen, they try to tell us whats-what. We shouldn't even acknowledge these people. The Trump supporters that remain are mentally too far gone. I don't even want to argue with them anymore.

@CryptoTice_ I’m sure it’s all going to trickle down to the common man.

BREAKING: Trump just told you exactly what happens when this war ends. "The stock market will go through the roof." "Inflation will go way down." > Hormuz reopens. Oil crashes. > Oil crashes. Inflation drops. > Inflation drops. Rate cuts accelerate. > Rate cuts accelerate. Liquidity floods markets. > Liquidity floods markets. Everything pumps. Trump has been playing chess this entire time. Close Hormuz. Break Iran. Open Hormuz. Collect the reward. The war is 70-75% complete. The finish line is closer than anyone realizes. When it ends. Everything reprices at once. Stocks. Crypto. Risk assets. All of it. Through the roof.

@greendragonhq Checks notes: Avg. net worth of a member of congress is $1,000,000. Mike Johnson’s salary: $223,000; so that would be more than the figure he’s poor mouthing about. Healthcare: Congress gets it for free off taxation of the people they serve.

I saw this video yesterday and assumed Mike Johnson was on SNL, that’s how outrageously out of touch the Republican party is. Mike Johnson is actually making an argument that we should allow insider trading because his $170k/year salary is not enough to live off of. This is the same guy that said a $7.25/hr minimum wage was enough to live on.

@SoG938621282787 @em_Lazzy Deductions. It’s all tax deductible. This is basic stuff here. The other thing is, they get free govt. health care.

@em_Lazzy Mostly agree but there does need to be a conversation about their expenses. They have to maintain two homes and most have families to support. The current $174,000 annual salary is not enough to do cover all that.

“WE NEED TO LET THEM DO INSIDER TRADING TO FEED THEIR FAMILIES.” Congress makes $174k. Median income is about $63k. Minimum wage is $7.25. If your “public servant” needs Wall Street crime to survive, that’s not a government, that’s a cartel. Welcome to neo-feudalism. You’re the peasant, they’re the aristocracy.

Deep in the Mojave desert at a secret spot pushing the Meepo V3 Series MAX electric skateboard to its limits. Shot multiple cams including the Insta 360 X5, DJI drones and Canon along with Blazar Mantis anamorphic lenses. EPIC! #Meepo #Insta360 #canon #DJI #blazarmantis

@elonmusk The irony of this post from an AI/robotics manufacturer.