Brady Swenson

"Tick tock, next block" is 300,000 blocks old.

What do regulators think about the fact that @howardlutnick's Cantor Fitzgerald, an investment manager with special access to the Federal Reserve, has essentially mortgaged itself to a company in El Salvador? #BCCI_the_sequel cc @FINRA @federalreserve @SenWarren @RoKhanna @OversightDems per reporting by Bloomberg @business

Tick-Tock next block

Bitcoin is currently on its 9th green daily candle in a row. The last time this happened was in July 2021, which resulted in a further +72% move.

This quote from the Rothschilds in 1863 is spot on: "The few who understand the system will either be so interested in its profits, or so dependent upon its favors, that there will be no opposition from that class, while, on the other hand, the great body of people, mentally incapable of comprehending... will bear its burdens without complaint." Henry Ford understood the system, which is why he said this, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Perhaps Abraham Lincoln knew it better than anybody, saying this in 1864, "The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands, and the republic destroyed." They don't want you to know about the truth of central banking. But knowing the system is one thing. Having an escape is another. That's why Satoshi Nakamoto made the biggest difference, "I've developed a new open source P2P e-cash system called Bitcoin. It's completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust."

This is 100% completely unsustainable as a society. Nearly 50% of all consumer spending now comes from the top 10% of earners. The bottom 80%? Their share keeps falling. This is why the economy can look strong in the data while millions of people feel like they're falling behind.

“the only debate is how fast” — Luke Gromen Gromen’s not debating if the system breaks. He’s debating how soon AI-driven job losses, private credit stress, and a lending pullback force the government into one outcome: print the money. And he thinks it could happen in 3 to 6 months.

“Once an asset’s this big, there’s no world where it’s only owned by retail.” – Lyn Alden Why didn’t Bitcoin explode this cycle? Because bigger assets move differently. Institutional ownership is inevitable. And the old playbook may be aging out. 👇

Nonsense It's the other way around: the evidence tells us that AI is dependent upon Bitcoin for its expansion For example, bitcoin mining can be used alongside AI for strategic advantages including - monetizing energy during AI datacenter construction - using forward-purchased energy that would otherwise be wasted - smoothing demand patterns of AI load and recategorizing AI datacenters as FLC (flexible load consumers) source: web.archive.org/web/2024033021…. As FLC, AI datacenters become far more likely to win contracts with grid operators, and help grid operators delay infrastructure investment costs that AI would otherwise necessitate (source: nicholasinstitute.duke.edu/sites/default/…) As for the profitability of mining, this lacks nuance (to say the least). Here's why 1. In places such as Europe, where electricity prices are high, mining still exists because often miners view heat recycling as the primary revenue, SATS as the byproduct 2. Bitcoin mining companies increasingly buy generation assets, allowing them to mine for zero marginal cost 3. Bitcoin mining companies can use older mining rigs on intermittent power sources, getting a very cheap rate. 4. Stranded energy such as O&G and landfills provides the chance to mine at ~1c/kWh in return for higher upfront CAPEX 5. Demand response, FCAS, RECS, carbon credits all provide ancillary revenue sources that aren't factored into general "mining is unprofitable below level-x" pronouncements 6. Prices can and often do go negative where there are renewable electricity surpluses, despite the general wholesale price of electricity (Again, a suitable source for older mining rigs)

LIVE NOW ‼️ The Next Bitcoin Catalyst Has Already Started @CitizenBitcoin @Bquittem x.com/i/broadcasts/1…

Tucker Carlson asks Col. Douglas Macgregor how the United States can get out of the Iran war. “Somebody will say, why do you end it? Because if we don’t, we’re going to hit $300 per barrel of oil. We’re going to watch 60–80% of stock values crash. People are going to lose trillions in wealth. It will be a disaster, and it’s not something we’ll recover from.” “We’ve thrown all caution to the wind. Think of any number of worst-case scenarios, they are on the horizon.” “President Trump is still president of the United States, not president of Israel.” “He has to think about the consequences here at home for us for the average man, not for the billionaire class, not the Epstein class.”

Where is Bitcoin headed next? @CryptoHayes latest takes might surprise you. Full show streaming now 🎧 TIMESTAMPS: 00:00 Arthur Hayes’ origin story 8:33 Bullish or bearish on Bitcoin 9:59 Institutions taking over Bitcoin? 11:52 Bitcoin price manipulation 13:26 What's holding Bitcoin back? 15:18 AI disruption 18:03 Social unrest, economic pressure 19:44 Bitcoin vs. affordability problems 25:07 Bitcoin investor expectations 28:19 Bitcoin in China 30:03 Governments and Bitcoin 32:05 Bitcoin adoption 33:30 Will retail investors return? 34:54 Money printing 35:48 Careers in AI era 39:42 Maelstrom Fund 43:04 Regulation, privacy, quantum fears 46:13 Could institutions fork Bitcoin? 47:17 Is the Bitcoin bottom in?

@w_s_bitcoin This is epoch

There are officially less than 1,000,000 BTC left to be mined. The vast majority of the supply is already out there and most people still have zero bitcoin.

It took 17 years to mine the first 20 million coins. It will take another 114 years to mine the remaining 1 million coins. What an incredible milestone to witness.

LIVE NOW ‼️ Bitcoin is Quietly Taking Over the Financial System with @CitizenBitcoin @john_at_swan x.com/i/broadcasts/1…

SPEAKEASY: The Rise of Useful AI: Who's Winning, and Who's Losing? Right now there are two realities running in parallel. In one, small groups of people are 10x-ing their output and collapsing timelines that used to take whole departments. In the other, companies are stuck in “pilot” mode, and individuals are telling themselves they’ll catch up later, while their edge gets hollowed out in real time. Let's talk about what “useful AI” actually looks like in practice, where it’s already replacing workflows (not just augmenting them), why the gap is widening so fast, and what separates the winners from the people who don’t realize they’re losing yet. Monday, March 16th, at 3pm ET / noon PT speakeasy.swan.com/e/cAc49FYI

@CorySwan The best PR comes from truth and principles. Inspire people.

More signal

The payment *is* the authentication. The sat moves, the door opens. No argument required. That's the Lightning case that doesn't need ideology.

Because the SEC forced a Cash-Create model (rather than "In-Kind") for the Bitcoin ETFs, there is a built-in 24-hour window that allows APs like Jane Street to "play" the difference. They can hedge using Bitcoin Futures or sell other holdings to ensure that by the time the actual spot Bitcoin needs to be purchased, the price is favorable to them. How much does that actually matter to Bitcoin price? Let's talk about it: speakeasy.swan.com/e/ipAQ6AGv

BREAKING: New research paper published by TechRxiv ID'd 9 falsifiable predictions from my MIT thesis, SOFTWAR, and concluded that 5 of 9 predictions have already been proven right within the first 3 years after publication. techrxiv.org/users/1031386/…