Holger Wolff

Klingbeil mal wieder: "Nach BILD-Informationen will er u. a. die steuerliche Absetzbarkeit von Haushaltshilfen und Handwerkerleistungen streichen sowie an das Dienstwagenprivileg ran. Diese Steuervorteile nutzen vor allem Gutverdiener. " Die SPD befindet sich weiterhin auf Selbstmordmission. Am laufenden Band arbeitet die Partei daran, das Leben der arbeitenden Bevölkerung zu verschlechtern. Die Idee von Klingbeil würde zudem Zehntausende Mini-Jobs vernichten.

$BTC returns are collapsing every cycle 8,000% -> 1,800% -> ~600% And people still expect another 10x

Power law without regression. Using the distribution of the slopes we produce 100,000 alternative paths for Bitcoin. All these paths are possible but some more likely than others. I color coded the likelihood of these paths. The ones close to the mean of the distribution are the most likely. The power law is nothing else than the median of all the possible paths. You can see it is basically indistinguishable from the regression line.

Credit explained in 1 minute.

Presentation on Bitcoin’s CAGR for the Next 20 Years 🚀📈

Well Central Bank Hubris and money center bank rent-seeking and national treasury debt spewing are the forcing functions or at least incentives driving increasing amounts of capital from higher and higher tiers into Bitcoin. The institutional capital holdings are growing as T^4 and the flows are growing as T^3 where T is Bitcoin’s age. And price has long-term growth as > T^5 even in gold terms. A 5.7 power law bs $ gets it to ~$ 20 trillion market cap in 8.5 years. Look at a log-log plot to see the power in that. Here is log-log for gold T^5.3; gold has clearly had a good year relative to BTC but the overall trend is still in place.

My thoughts today. My entire timeline is regurgitating false statements about $MSTR. I’ve been buying since $40. I’ve rode it up now through multiple appreciations and major sell offs. Sentiment on X is at what I consider an all time low. It’s just laughable. Today’s move was powerful, the stock and company is incredibly robust and has a bulletproof balance sheet. Many people are lying and falsely accusing the company of being a Ponzi, bankrupt, fraudulent, etc. None of which make any sense and are entirely untrue. There are a few rational actors like myself who can identify opportunities to buy in deep value. This is definitely one of those times. There is no saying what bitcoin does in the short term and there could be economic volatility ahead, but Strategy, Saylor and Phong, as well as the rest of the team have been wildly successful at implementing their plan and moving the goal post repeatedly. One thing a lot of people are forgetting is that Strategy still has the most magnificent flywheel which is allowing them to continually issue preferreds and common stock to buy bitcoin. This is a speculative attack on the dollar. Bitcoiners used to talk about this frequently and revere of it by central banks but now they are hateful towards Saylor because he is using his own money printer to dilute shareholders in the short term to provide increased value in the long term. The lack intelligence on this platform is incredible and I’ve been saying for a long time that most people would not be able to tolerate this drawdown, this stock is not for tourists, but if you rode it up and bought above 1 mNAV you can’t be scared now and sell if we go below 1 mNAV. Deep value has arrived in my opinion. Saylor and Phong are moving goalposts and if you think they won’t do what’s best for the shareholders you are asinine. They are highly incentivized as large shareholders to make the stock perform well. I am incredibly happy and proud to be a shareholder right now. I have no problem posting it and telling you I bought more MSTR today. I am down on plenty of my buys and I am up on far more. This too shall pass for if bitcoin succeeds, so will companies operating on a bitcoin standard. Good luck to everyone who is struggling through this drawdown emotionally, but remember if you buying anything in the bitcoin landscape, look out 4 years and prepare for a gut wrenching drawdown. This is a monopoly. There is not another company or business in the world that will even come close to what Saylor and Phong have created. 650,000 BTC is absolutely absurd. Monopolies like this come around once a decade. I will not let that pass me by. I think people will look back and realize how silly it was they overlooked this business model. I will say one thing that could be difficult is that Strategy is dynamic and growing. This is either a death blow to a company or it’s a huge advantage. I love watching Saylor and the team every week show up and build and improvise and take feedback from the community. This is what it’s all about in my opinion. Incredible day for shareholders. Glad to be on board.

INSIDE NYT’S HOAX FACTORY Five months ago, five New York Times reporters were dispatched to create a story about my supposed conflicts of interest working as the White House AI & Crypto Czar. Through a series of “fact checks” they revealed their accusations, which we debunked in detail. (Not surprisingly the published article included only bits and pieces of our responses.) Their accusations ranged from a fabricated dinner with a leading tech CEO, to nonexistent promises of access to the President, to baseless claims of influencing defense contracts. Every time we would prove an accusation false, NYT pivoted to the next allegation. This is why the story has dragged on for five months. Today they evidently just threw up their hands and published this nothing burger. Anyone who reads the story carefully can see that they strung together a bunch of anecdotes that don’t support the headline. And of course, that was the whole point. At no point in their constant goalpost-shifting was NYT willing to update the premise of their story to accept that I have no conflicts of interest to uncover. As it became clear that NYT wasn’t interested in writing a fair story, I hired the law firm Clare Locke, which specializes in defamation law. I’m attaching Clare Locke’s letter to NYT so readers have full context on our interactions with NYT’s reporters over the past several months. Once you read the letter, it becomes very clear how NYT willfully mischaracterized or ignored the facts to support their bogus narrative.

If you have kids. A custodial account. QQQM. That’s it. The future is digital. Then when they are 18, they have something. And since it’s in their name, you can’t be sued and have a creditor take it. It’s theirs.