Terance Michael ✪

I want to buy GOLD. It is now surpassed 27 trillion in marketing cap so it’s got my attention. It's also been around for over 5,000 years and is considered valuable anywhere in the world. I just wish there was a better way to hold it, hide it, fractionalize it, transport it, authenticate it, audit it, send it to someone quickly, and prevent others from finding more of it. Does anyone have any advice or tips? (I don’t want paper gold. And I already hold Bitcoin)

Bitcoin is not a get rich quick scheme. It's a get free forever revolution.

EVERY transaction in Bitcoin is a declaration of independence

Ross was freed on the 21st. In hindsight it is so obvious.

Only 40 people (or entities) Can own as much Bitcoin as MSTR. Remove 4 million Bitcoin due to inaccessible keys and you’re down to only 32 other users. Do you get how scarce this is?

Another Bitcoin story...

Bitcoin was at $6 when Coinbase started in 2012. Their 9,000 bitcoin could have been acquired for $54k TOTAL. How can one company fumble the greatest opportunity of a lifetime so hard and not stack more? MSTR entered 8 years later, but now has 56X more Bitcoin than Coinbase.

You THINK you want Real Estate. But you don't. You actually want Bitcoin. Here's why (in 750 floating seconds) Let's help educate the masses.

Bitcoin only goes up for those who aren’t immature insecure ignorant impulsive indecisive Impatient

🚨IS NOW A GOOD TIME TO BUY BITCOIN? Here's the definitive answer in just 570 floating seconds with palm trees and music. Bookmark and share with pre-coiners who will never stop asking this question.

Your retirement “funds” should be saved in Bitcoin. Full stop. Just Bitcoin. All of it! This is long-term money that should at minimum maintain the same spending ability you had when you earned it. And ideally, it should grow multiples over that for saving rather than spending. The best you can do with fiat is index the market with equities. But even then you’re mostly just idling with the money supply. The true rate of inflation suppresses real growth and replaces it with nominal growth on a piece of paper. But that million bucks in the future that the little kid in you thought would set you for life is not enough to last 30 or 40 years. Bitcoin solves monetary debasement. It gives anyone back the responsible retirement savings they were taught and told to plan for in the future. Now it means something. Now it works. At least if it’s Bitcoin.

Here's why pre-coiners need to pick up a BITCOIN BOOK asap. Date published and Bitcoin price. Which book/price brought you in?

The tone has definitely changed. The United States Treasury of the Secretary on Bitcoin👇

Sometimes no-coiners need help to understand just how profound Bitcoin's scarcity really is. A small thread👇

Here's the TL;DR on the Coinbase Bitcoin backed loan that is all over the timeline. I've seen zero details so I dug in out of curiosity: 1. You can borrow up to $100k instantly. 2. The loan is in USDC stablecoins. 3. You can repay at any time and there's no fixed monthly payment. 4. Rates change every few seconds (their words, not mine) based on a platform called MORPHO. There are no fees. Just the variable interest rate. And not available in NY. 5. As of this post, they reportedly are already loaning out $2,204,505,869 from $5,872,221,665 in deposits. So a 38% Loan-to-Value (if true/accurate). 6. If you initiate a loan, your Bitcoin is converted to Wrapped BTC (cbBTC) on Coinbase and then shipped over to Morpho as collateral. 7. Rates? The best I could tell, rates are currently anywhere from 9 to 20% depending on your LTV. * I couldn't get to a final amount unless I was going to do this. And I'd have to be a Coinbase customer to find out.

Bitcoiners want a Bitcoin backed loan to avoid taxes from selling. Why sell and incur taxes if you can just borrow? But Coinbase's offering is a tax event! (see post below) The IRS classifies ANY conversion to a wrapped product as a tax event. (h/t @LisVic13 for pointing this out)

Don't ever sell your Bitcoin. Wait... MAYBE sell your Bitcoin? Any Bitcoin you've saved over 12 months and sell is federally classified as a long-term capital gain. For 2025 (so 2026 tax filing) if your "taxable income" (this is key... not gross income) is under $96,700 and your married, your capital gains are ZERO. Nada. As many Bitcoiners have opted out or become entrepreneurial its possible their "reported" income might fall under this some years. So no taxes! You might take time off. Have an off year. Or be retired. For most, LT cap gains taxes will be 15% ($96,700 to $583,750 if married). Until rates drop at Bitcoin lending platforms (where Bitcoin isn't rehypothecated and you hold a key), the rates are currently around 12 to 16% from what I can dig up. With Bitcoin as perfect, verifiable collateral, rates should not be that high. There is LESS risk in lending to a Bitcoiner than a Fiater. Two other considerations: Most states implement a capital gains tax. And if you fall in the middle ranges, add anywhere from 6.5 to 9.3%. Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, and Wyoming are some of the states that don't have any capital gains taxes. The final consideration is that you may never get your Bitcoin back. But Bitcoin is just the record keeper not the good or service. It's utility is to allow you that future consumption and trade of your past energy. That's the whole point. We will all set Bitcoin at the price we deserve. But until rates come down on borrowing, it's possible Bitcoin is at the price you deserve for what you need when you need it (but no sooner).

Ross Ulbricht can fly from Tucson to Austin in about 4 hours for under $500 bucks. Let's bring him home to his family in Texas. 1. TRUMP's signature on a pardon makes it an official act. 2. The pardon is sent to the Office of The Pardon Attorney. 3. The Department of Justice gets notified that the pardon has been signed and sent to the attorney. 4. The warden at the Tucson State Penitentiary is notified of the pardon. 5. Paperwork. Paperwork. Paperwork. (a few hours to a whole day) 6. Airplane home. Heal. Find Bitcoin.