Craig

This needs to be discussed more because it cuts to the root of every socialist policy. I think most Americans (even those that profess to be left-leaning) would agree with this statement. But this principle gets lost in the noise of weaponized empathy.

@BitcoinAIGuy 🎢🙌

Reply if you’re holding strong 💼 💎 🙌

@scottmelker Amen

My core beliefs haven't changed: You should earn the yield on your money – not the bank. They make 5%, you get 1%, and call it “savings.” You should have the right to custody your own assets. No one should be able to freeze your funds. You should be free to transact – privately and globally. None of that should require permission. Somehow, we’ve started cheering as governments take more control and championed legislation that could tighten the noose. What are we actually sacrificing for that “permission?”

Please share if you agree that the Senate should not recess until it has (1) fully funded DHS, and (2) passed the SAVE America Act

Very exciting. Almost every fintech company boasts about their competitive advantage being derived from their proprietary [payments] network. It’ll be interesting to see what kinds of new fintech products can be made once the complexity of managing payment rails is commoditized.

@davidmarcus What is it?

I’m on the TestFlight. It’s good.

@HSchenewark @mhp_guy That place is incredible! Can’t recommend it enough.

@mhp_guy We live 15 minutes from Bass Pro HQ. It’s the most amazing store in the world. We go probably once a week and have for 2 years.

I walked into Cabela’s tonight for the first time in 5 years. I notice the sign also says Bass Pro. Huh. Whatever. I walk in and they say “welcome to outdoor world!” Uh, ok. Three names? Wasn’t the merger a decade ago? There are more employees than customers. Total crickets. 77,000 empty square feet. The dude at the entry gives me the hard sell to join their rewards program, while the outside air is still on my neck. I’m just here for a knife dude. I won’t be back for another 5 years. I wrangle from his grasp. As we go to leave they push me to join their rewards program yet again. What a trainwreck. This is what poor management looks like.

@mhp_guy If you ever get a chance, you should head to the aquarium, “Wonders of Wildlife” (which is connected to a massive Bass Pro Shop) in Springfield, Missouri. It. Is. Incredible. You won’t be disappointed.

If we want to get technical, Latter-day Saints are not traditional Christians. They are restorationist Christians, seeking to restore the faith practiced by Christ’s earliest followers. Traditional Christianity is defined largely by creeds formulated centuries after Christ walked the earth. Latter-day Saints don’t affirm those creeds. That’s a feature, not a bug. If your definition of a Christian is a follower of Jesus Christ, Latter-day Saints are Christian. If your definition requires affirming creeds developed long after the New Testament, they don’t fit that category. Who gets included or excluded depends entirely on which definition you choose.

FYI This morning the Federal Reserve will release a proposal for revisions to the Basel risk weighting standards. Bitcoin is currently treated as a toxic asset under the Basel standards. A change in the guidance would be a big win for American Bitcoiners. BPI will be in attendance at today’s meeting. We’ll keep you updated on text of the proposal and next steps.

@lindsaybitcoin Any chance you’re willing to talk more about your new job in Bitcoin and how you got it? DMs?

Serious question: if we radically reduce the demand coming from welfare (illegals, fraud, etc.)—wouldn’t that reduce the overall profitability (from scale) of health care and ultimately lead to it being more expensive? (e.g. if I’m a bakery and I sell less bread, I’m less profitable—right?)

My jaw dropped listening to this Homeland Security Advisor Stephen Miller says ICE asked the illegals they’ve detained if they were receiving Medicaid. HALF SAID THEY HAD BEEN SIGNED UP The illegals that don’t have it say they just go to hospitals and it’s always 100% free “What we found since President Trump came into office is that the Democrats have set up a system to funnel hundreds of billions and ultimately trillions of dollars to migrants that are in our country, oftentimes from places like Somalia. So as an example, ICE recently asked a group of illegal immigrants that were in detention, whether or not they were receiving Medicaid. Half of them raised their hands and volunteered that they were on Medicaid. Just volunteered that these aren't the ones who are hiding it They also ask legal aliens how they pay their medical bills, and they said that if they don't have Medicaid, they go to hospitals, they get free care there, and they bill it to the taxpayers. So they aren't paying for any of their own healthcare in this country. — We've seen this over and over and over again.“ Democrats need to go to prison

After last nights and the constant doxxing attempts and threats from people who want to attack me largely due to politicians and leftist hate filled rhetoric as I expose billion dollar fraud schemes stealing from taxpayers I’ve decided it’s time to raise money for security cost once again unfortunately You can donate here: blacklineguardianfund.com If you cannot donate no pressure whatsoever, please like and share this so it can get in the eyes of those that can. God bless, Nick

Why I’m Not Invested in $NBIS First of all, let me make one thing clear: contrary to what you might think, I’m not an $NBIS bear. But then again, I’m not invested either… and for good reason. Nebius positions itself as a holistic cloud platform with superior software technology that caters to AI-native start-ups and enterprise clients. That in and of itself isn’t a problem, but it means they're directly competing against the largest hyperscalers in the world, who are also targeting that exact cohort with their own set of software solutions (Google Cloud, Microsoft, etc.). Nonetheless, if $NBIS can successfully differentiate itself with its core offerings, it could gain some pricing power, which is the company’s best shot at one day becoming profitable. The problem is, $NBIS is VERY far away from that… Looking at the last quarterly filing, the company’s gross expenses + depreciation equaled ~110% of its revenues. In other words, these two cost categories exceeded the value of the underlying revenues ($249.2m vs. revenue of $227.7m). To be fair, last quarter Nebius still used a 4 year depreciation schedule on GPUs, which is rather short and overstates depreciation. Adjusting for a 5 year depreciation schedule (industry standard) leads us to $144.6m of depreciation. Then, adding gross expenses of $68.5m on top gets you to $213.1m, which equals 93.5% of revenues. And keep in mind, this figure does NOT include the hundreds of millions in costs spent on SG&A, R&D, and financing (interest). So what’s my point with this? The problem is, these are STRUCTURAL costs, the kind that scale with revenue, meaning you can’t easily grow out of them through sheer scale. My point is that $NBIS' pricing power is nowhere to be seen, at least not relative to its costs. Now, most $NBIS investors would probably argue that we are still "early" and that pricing power will show up eventually. My problem with that argument is that the company seems to be allocating a very large chunk of its pipeline towards servicing hyperscalers through bare metal offerings, the kind of “bulk” service that does NOT command significant pricing power. That means, fundamentally speaking, $NBIS is likely very far away from actually becoming profitable. And while right now everyone is focused on headline figures like ARR, the market’s patience will run out eventually... it ALWAYS does for every company. One day, the market will demand to see real profits flow down to the bottom line, and I’m not sure if $NBIS is structurally positioned to deliver on that any time soon. To make matters worse, investors can’t even model out the economics of these large hyperscaler deals, because management provides absolutely 0 information on anything except headline figures. We don’t even know the CapEx associated with these deals, or at the very least, the number of GPUs they have to purchase to fulfill their end of the bargain. Contrast that with a company like $IREN, which gives you all the necessary information to build an entire P&L and cash flow model over the full course of the contract length, which is exactly what I’ve done extensively for our subscribers on Substack. I have a VERY good idea of how much actual post-tax net income $IREN is making in every year of their hyperscaler contract. There are other reasons that further point in the same direction, but I won’t get into them right now. If they fix their cost structure one day, I’m happy to reconsider my stance. But as of today, their “black box” approach to publishing details on their largest deals makes them uninvestable for me.

🚨 Here is the full 40 minutes of my crew and I exposing California fraud, Minnesota was big but California is even bigger... We uncovered over $170,000,000 in fraud as these fraudsters live in luxury with no consequences. Like it and share it, the fraud must STOP. We ALL work way too hard and pay too much in taxes for this to be happening. These fraudsters have been able to defraud American taxpayers for years without any pushback from the public and politicians. It is time to EXPOSE IT ALL and end America's fraud crisis.

@MisterLeeHODL @GrindeOptions So cool.

@GrindeOptions My camper. It’s taken us on so many wonderful adventures

What’s the best purchase you’ve ever made in life? 👀

I often think of the immense challenges facing this generation. The world is becoming increasingly contentious, and yet we are living in remarkable times. The Lord needs your heart, he needs your voice, your unique gifts and talents, to help prepare the world for his return.

Joseph’s story from the Old Testament inspires us to trust Heavenly Father and Jesus Christ through life’s challenges. Heavenly Father stands ready to help us. As we strive to be with Him, He will always be with us.

The history of computing suggests that faster and cheaper compute expands demand rather than containing it.

@BorisJohnson Bitcoin is not a Ponzi scheme. A Ponzi requires a central operator promising returns and paying early investors with funds from later ones. Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand.

$IREN Sweetwater 1 HD - 3/12/2026 Made possible by OnlyFrans, edited and upscaled by @HArctander Lots of developments on both tracts: 1. Confirmed 2nd primary substation on the left tract, making the total confirmed 3. 2. Data Center rows are visible on the right of PS1. 3. Visible bulk substation transformer on the most right pad, possibly a transformer on one of the pads at PS1. 4. Mass grading on the left tract, indicating further development of the site towards adjecent parcels on the north and west. 5. Utility substation expansion now connected to the main switch, suspected POI for IREN's energization in Q2. 6. Suspected further build-out of primary substations on the left tract, south of the first two, confirmed by drone footage posted by a subcontractor. My considerations: -> IREN is making a site that is a blank slate for mass production of data center shells. -> The area right of PS1 is showing indications of rows, underground conduits, and this area will soon be ready for data center construction. -> The fact that there is 1 bulk substation transformer visible on the most right transformer pad, makes me certain that energization is not far out. -> I expect 750MW of gross power at the 36.5kV level (DC ready), to be flowing by the end of the year (incremental over the course of the year). -> Based on the concentration of the substations on the left tract (possibly 3 or 4), we could see the entire 1,400MW become operational on these 2 tracts. -> This further strengthens the believe that this will be a VR200/VR300 site, with a much smaller data center footprint due to a massive jump in rack density. Now as to "wen deal": I think @IREN_Ltd is making a site that can still pivot in either direction of Build-to-suit, colocation, or AI Cloud/IaaS. By doing all the step-down work first, but preparing multiple data center areas down to the 34.5kV level — the ultimate use-case doesn't need to be set in stone yet. I think this site will have a slow ramp up, but when the use-case is determined, all the moving parts will be in place, and the construction will be "released" as a coil spring into mass data center development, on multiple areas across the site in parallel. Time to data center = Time to revenue There are no delays when you do all the pre-work for 1,400MW of data centers, making the eventual construction a simplified copy-paste task at an unprecedented scale and pace. Sweetwater is the flagship and will be the holy grail of AI infrastructure in 2027/2028. Patience is a virtue, take the time to learn and know what you own.