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MR PRES
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MR PRES
@mr_pres_
📈 Crypto & Forex Trader | 📊 Navigating the Markets | 🚀 Passionate About Financial Freedom |🌍 Let's Trade Smart, Grow Together
Nigeria Katılım Eylül 2022
758 Takip Edilen822 Takipçiler
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@Kalshi_Crypto If BTC crashes to $49,000 this year I will leave trading
English

"The short term price of Bitcoin is now controlled by Wall Street. And they want your Bitcoin."
Simon Dixon (@SimonDixonTwitt) spent a decade watching the same institutions that dismissed Bitcoin quietly move to capture it. He came on to explain the plan for the coins you're holding and the one move they can't stop.
"They don't want you to self custody it. They want you to borrow against it. They want you to trade perpetual futures."
His framework is sovereign vs subordinate: either you hold Bitcoin you can access with no permission from a bank or a broker, or you're in debt to the system for everything you own.
We cover:
- Why Wall Street now controls Bitcoin's short-term price and what they actually want with your coins
- How Bitcoin gets captured: custodians, ETFs, lending products
- The unrealized gains tax and how it's used to strip assets
- Why he says you cannot vote your way out of this
- Where you actually sit on the sovereign vs subordinate spectrum
- Why self custody is the one thing they can't touch
Thanks to Simon for coming on @new_era_finance.
Thanks to @OKXDutch for sponsoring this week’s episode of New Era Finance. Make sure to use their 8% Deposit bonus in the comment tweet!
Timestamps:
00:00 - Intro
02:33 - Michael Saylor and the Financial Industrial Complex
05:23 - How Wall Street Took Control of Bitcoin
11:14 - Tokenization and Control in the Financial System
16:58 - Unrealized Gains Tax and Asset Stripping
36:50 - Boycotting the FIC and Building Sovereignty
49:44 - Bitcoin: Centralization vs Decentralization
57:46 - The Path to Sovereignty
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