Will

$32 million dollars and an entire administration mobilized to destroy one congressman. His crime? Demanding answers about Epstein class abuse networks, and refusing to let child predators hide behind political cover. If that level of firepower doesn't tell you who's being protected, nothing will. Go Massie!

I am also never selling. Can’t believe I got one of best properties in my city because I acted fast before most people knew it was on the market

Concerning. Payouts should be settled immediately

It’s been a minute, but now feels like a good time to share some of my thoughts on Bitcoin. I think the quantum problem is a real risk. I’ve been discussing it for a while through tweets and even in my BTC article. There is some technical risk in a large upgrade working smoothly without unintended consequences. I think that risk is real, but ultimately quite small. The bigger risks are these: Bitcoin has no leadership. This is one of its greatest strengths. But in a situation like this, where Bitcoin needs to take coordinated action, which is rare, it becomes a weakness. Nobody is stepping up to resolve this because nobody is the leader. So the response is slow and unorganized. Something will have to be decided about the lost coins, which are quite sizable, maybe 2M or so, at least 10% of total supply. This is a long discussion on its own, with multiple possible approaches, all of which have tradeoffs. This will almost certainly be contentious, maybe even “block wars” level contentious. Whatever solution wins will have both positives and drawbacks. Will it be contentious enough to delay a solution until Q-day? Will the lack of leadership slow things down enough to matter? Probably not. But it is possible. In fact, I would say the risk of Bitcoin failing due to these issues is not insignificant. It’s something that should absolutely be considered. The flip side is that the argument for Bitcoin overtaking gold, assuming it continues working (which is not a given), producing blocks, and implements a quantum-proof solution, is stronger than ever. And the reason is more about gold than Bitcoin. Gold’s long-term supply dynamics are broken. The world is hungry for a non-sovereign store of value, and gold has gone through massive price discovery recently. It sits around $4,800 per ounce today, with an estimated market cap of over $33 trillion. companiesmarketcap.com/assets-by-mark… It is now orders of magnitude larger than the next biggest assets. What a honeypot! With this growth, mining becomes that much more attractive, so that should increase the supply. But the broken part comes through technology. With AI increasing our rate of scientific progress, it is quite likely that at some point it becomes possible & energy efficient to create gold (think modern alchemy). And with space travel become cheaper & cheaper due to reusable rockets - and soon non-manned craft + a base on the moon where launches from there w/ fraction of Earth’s gravity & no atmosphere make that even cheaper still, it is a matter of time until we are capturing resources in the Solar System. Whether data centers in space or mining the moon & asteroids. Gold looks great today, but its long-term future as humanity’s primary store of value is certainly limited because its limited supply feature - a necessary one - is going to get BTFO. All Bitcoin has to do is survive, and it is very likely to take gold’s mantle and absorb that market cap. For this, and other reasons. @SvetskiWrites makes a compelling case here, the "3 generational theory." bitcoinmagazine.com/culture/bitcoi… Namely, as older people who prefer gold die & younger people who prefer BTC get older & richer - this will happen naturally. Gold is roughly 24x Bitcoin’s market cap today. Even from current levels, simply replacing gold implies a massive move higher. This also ignores Bitcoin’s other use cases, which I go into in more detail here: brianrast.com/single-post/20… The most bullish of these is its role as a bearer asset and collateral, potentially taking share from bonds. Strategy is implementing a test-phase of this in real time. So my view is this: Despite Bitcoin’s growth and its move into the mainstream through ETFs and regulation, the risk of failure is real and should be taken seriously. But the upside, if it succeeds, is larger than most fathom today, and incredibly compelling. That means Bitcoin is still today: a high-risk, high-EV investment. I think it belongs in every portfolio. But having it be too large a percentage of net worth is likely poor risk management for most people, except perhaps younger, single investors with high risk tolerance. BTC has been in a bear market, down over 50% from ATH to local lows. I won’t speculate on whether the bottom is in. But due to many reasons, it does seem likely the low occurs this year, and that this is a good time for people without exposure to begin building a position. Buy fear, sell exuberance. However, until the quantum issue is either resolved or clearly on a credible path toward resolution, I think there will be a persistent “quantum overhang.” By that I mean upward price moves will be met with supply from long-term holders looking to de-risk. If BTC is 3% of your portfolio, you don’t worry about this. If it’s 50%, you do. That dynamic matters. As someone who has previously believed Bitcoin might be the best publicly available investment, I’ll say this: It’s still great. But this overhang does matter. Bitcoin has always been risky, but it also offered the potential for massive upside even over shorter timeframes. I still think the long-term upside is enormous, potentially 50-100x over 20-30 years (not calling that the base case, but a bull case - read my article for further discussion there) when you factor in gold, other TAMs, and inflation. But in the shorter to medium term, until the quantum issue is further resolved, I do think upside volatility is somewhat capped. And in an environment with many compelling opportunities: AI, robotics, space, energy, just to name a few, there is less need to be overexposed. You might ask me now, Brian, why not wait until after this has been resolved? And that's a great question. Markets are not perfectly efficient, but they aren't bad. Let's say this is resolved in 3 years by April of 2029, and BTC now runs smoothly and quantum-proof. Everyone who can access their coins can move them, etc... BTC will be much higher than 70k. It will be much higher than the current ATH of 126k. You will have to pay for this certainty. Always trade-offs. And that's why we have markets. tl;dr BTC is still a worthy investment and belongs in a portfolio due to its high-risk, high-EV profile. But it shouldn’t be an outsized position for most people unless they are actively managing it. With this year likely marking a bear market bottom, and with the quantum overhang still present, it’s a good time to add exposure, but not something that needs to be rushed. Those are my thoughts fam.

@Sdavies22 Does the win mean you’re pretty much free rolling this series?

Playing poker in Jeju has been rough for me in these past few trips so I’m fired up to book a nice result (480k cash + 480k bounties) already. Still a long way to go this trip with lots of big buyins. But I’m feeling energized by that one for sure. 📈

@xxl23 Transportation has also become much easier and they don’t need to drive

One main reason is because Asian women aren't intimidated by basic math 👏

@JesseLonis I quit 6 months ago and my life and mindset is significantly better. 10 days is a great start but you’ll feel even better after you hit a few months clean

Day 10 cold turkey from Mary Jane. It’s time for me to be done for good. My oldest daughter is turning 5 in September. I never want her to have an image of me thinking smoking is okay. I started smoking when I was 12 years old and continued for the next 18 years. My excuse was that I needed it to perform at high levels, when in reality it was to mask and numb myself from childhood trauma. Now, life is the complete opposite and everyday I wake up more blessed than anyone on earth. About to welcome my 4th daughter in August and God blessed me with a reality that feels like a daily dream. My sleep is now better than it ever was, my energy is high from morning to night. I’m embracing my ADHD and using it as the superpower it is. My thought process is very clear in poker, thinking every hand through thoroughly. If you thought I was dominate in poker before you’re about to see a whole new level of 🦍. If you want to change, it starts with you and ends with you. Thank you Mary Jane for guiding me while I needed you. On to the next chapter! 💪🏻

Haven’t played since last years wsop. Play 2 small events back to back weekends and get 2nd and 4th for 40k and now looking up events to play next lol

@MikeMcDonald89 Your suppose to scroll past this post and you picked every single one lol

6, 10, 2, 1, 7, 9, 3, 4, 5, 12, 11, 8

Haven’t been following poker much lately and haven’t played since last summers WSOP. Decided to look up a bunch of regs to see how everyone’s been doing and it seems everyone is either barely playing or not playing at all. Sad to see these tax changes effect poker so much 😔

@bp22 I should start doing uber near you just for the chance to pick you up

Showed my Uber driver how to get 100-1000x out of gpt/Claude/grok/gemini vs. the way he was using it, his mind was 🤯. I thinks he's going to crush now.

Here are five counter-intuitive things I have learned about investing over the years: 1. Seek volatility, don't avoid it — most people are taught to find "safe" assets and use diversification to mitigate volatility. The best investors look for asymmetry and they bet big when odds are in their favor. 2. Knowing how to sell is more important than knowing what to buy — we have lived through an asset inflation for the last 20 years. A monkey could throw a dart and hit an investment that appreciated in value. It is much harder to know how and when to sell. Become just as good at selling as you are at buying. 3. Question the mainstream consensus when dissent is outlawed — financial markets are driven by narratives. An alarm should go off in your head if the narrative ever gets so accepted that there is social pressure to avoid dissenting. This is when the consensus is most likely wrong and you can take the other side. 4. The "safest" assets in your portfolio are actually your riskiest — the best example of this principle is US dollars and treasuries. Most financial advisors will preach how "safe" these assets are, but they are the only things in a portfolio that are engineered to lose value on a real basis every year. Don't confuse "boring" with "safe." 5. The market is much better at pricing value than people think — if an asset is trading below where you think it should, it is much more likely that you are wrong than the market. Ask a few people familiar with the asset and you can usually get the answer as to why. This is not always true, but the market is very good at pricing assets so be careful when you think you are smarter than the market. If people found this valuable, I will do a much longer write up of more principles I have learned over the years. What are some of the best ones you have learned?

🏆 Bernhard Binder 🇦🇹 wins the $25,000 Super Main Event, outlasting a massive field of 2,891 players to take home $10,000,000 from a $72,275,000 prize pool and secure WSOP gold. ❤️ Thank you all for a great series!

Simple hack: You can upload your taxes to @cfosilvia and then ask Silvia for insights on how you can lower your effective tax rate. She uses the latest AI models to figure out answers. Free to use: cfosilvia.com

THE CHART THAT SHOULD TERRIFY EVERY PORTFOLIO MANAGER ON EARTH Japan’s 10 Year Government Bond Yield just hit 1.84%. The highest since April 2008. Up 11.19% in a single session. You need to understand what this means. For three decades, Japan was the anchor. Zero rates. Infinite liquidity. The foundation upon which global carry trades were built. Trillions borrowed in yen, deployed into US Treasuries, European bonds, emerging market debt, risk assets everywhere. That anchor is now breaking. The Bank of Japan held rates negative while every other central bank tightened. They defended yield curve control while inflation returned. They printed while others drained. They cannot hold the line anymore. Japanese institutions hold approximately $1.1 trillion in US Treasury securities. The largest foreign position. When domestic yields rise from nothing to nearly 2%, the math changes. Capital that flowed outward for decades faces pressure to repatriate. This happens precisely as the Federal Reserve terminates QT. Precisely as the US Treasury requires record issuance to finance $1.8 trillion deficits. Precisely as interest on American debt exceeds $1 trillion annually. Two of the three largest buyers of US government debt are stepping back simultaneously. The third largest buyer is China. When the world’s creditor nations stop funding the world’s debtor nations at artificially suppressed rates, the entire post-2008 financial architecture must reprice. Every duration bet. Every leveraged position. Every assumption about perpetually falling rates. This is not a Japanese story. This is the global story. The 30 year bond bull market ended. Most just have not realized it yet.

Crazy to think about what the world could look like in 5 - 10 years. Technology is evolving faster than ever

Yes you can and El Salvador proved it. I'd argue since the overwhelming majority of deaths are black that NOT locking them up is RACIST.

Today I turn 55. I’m the fittest, sharpest, and happiest I’ve ever been. If I’m an outlier, it’s not because I’m built different or discovered a secret formula. The truth is far less glamorous: It’s a million tiny choices, compounded over decades. Here are 55 of them: 1. Walk 15+ miles a week, even if you do other exercise. Humans are uniquely made to move slowly over long distances—it’s critical to longevity. 2. Develop a writing practice. It’s the single best way to sharpen your mind. And remember, you don’t have to be a good writer to write. Start with 10 minutes a day. 3. Swap out your toothpaste, deodorant, lotions, soap, shampoo, and other personal care products for natural versions. Here’s a rule of thumb: Don’t put anything on your skin that you couldn’t safely eat. 4. If you have a positive thought about someone, don’t keep it to yourself—share it immediately. Encouragement defies the laws of physics: When you give energy, you also receive it. 5. Wear shoes with a wide forefoot (I like Topo Athletic) and wear toe spreaders around the house (search “yoga toes” on Amazon). Spine health begins with the feet. 6. Get sunlight regularly. Moderate sun exposure (without sunscreen) is hugely important for overall health. 7. Do a 3-minute deep (“ass to grass”) squat every morning. Deep squats are often called the anti-aging exercise. It’s been said that, “It’s not that you can’t do deep squats because you’re old, it’s that you’re old because you can’t do deep squats.” 8. Explore minimalism (it’s not what you think it is). 9. Set boundaries on toxic relationships. We tend to cling to relationships past their expiration date, and it takes a bigger toll on our health than we recognize. 10. Eat real food. Not too much. Don’t eat garbage. Binge occasionally. Fast occasionally. That’s the diet. 11. Learn about FIRE. It’s a great framework for financial success. 12. Don’t take antibiotics except in emergency situations. They’re massively over-prescribed and aren’t needed in most cases. Antibiotics have done untold damage to our guts, which is where health begins. Great natural alternatives are out there. 13. Get 8 hours of quality sleep each night. To optimize sleep: —Don’t eat after 6pm —Get blackout shades and cover LEDs with black tape —No screens 2 hours before bed —Try ashwagandha (an herb) to calm the nervous system 14. Stop drinking, even in moderation. People find all sorts of ways to justify drinking, but there’s no escaping the simple fact that alcohol is a toxin and it limits your potential. 15. Travel as much as possible. Nothing expands the mind like seeing the world. And travel doesn’t have to be expensive—the best experiences happen outside of fancy resorts, when you live like a local. 16. Let go of resentment. When you forgive someone, you release the prisoner, and the prisoner isn’t them… it’s you. 17. Show up on time, every time. Poor time management limits success more than most people realize. If you struggle with punctuality, stop everything else and fix that first. 18. Spend lots of time in nature and touch the earth. Humans evolved over 300k years to live in harmony with nature, and only recently have we retreated indoors. If you don’t spend time outside, you’re fighting biology (hint: You won’t win.) 19. Stop doing dumb things. As Leo Tolstoy said, “People try to do all sorts of clever and difficult things to improve life instead of doing the simplest, easiest thing—refusing to participate in activities that make life bad.” 20. Find your happy place and (eventually) move there. Most people live where they live because... that's where they live. We are products of our environment—choose yours carefully. 21. Find a hobby and pursue mastery. You can’t have a happy life without a passionate pursuit that isn’t your vocation. Your work—even if you enjoy it—isn’t enough. 22. Avoid mainstream medicine except as a last resort. The results are in—our healthcare (or more appropriately, sick care) system is badly broken and only makes people sicker. 23. Have a mindset of abundance. There is no advantage to being a pessimist—even if you’re right, it’s a miserable way to live. In a very real way… whatever you believe, you’re right! 24. Do hard things. Choose courage over comfort. Everything you want is on the other side of fear and hard work. As Jerzy Gregorik said, “Hard choices, easy life. Easy choices, hard life.” 25. Ignore haters. Hurt people hurt people. Negative/toxic people live in a prison of their own design. Don’t join them! 26. Say no. Protect your time and energy like it’s your most precious asset… because it is. 27. Become a water snob. As an alien said on Star Trek, humans are “ugly bags of mostly water.” You are what you drink—literally! We have Mountain Valley Spring water delivered in glass 5-gallon jugs and also have whole-house water filter (Aquasana Rhino). 28. Stop drinking sodas and sugary energy drinks. After a few weeks you won’t miss them, and a few months later they’ll seem disgusting. Refined sugar causes inflammation, which is the root of most disease. 29. If you’re over 35, find a good functional/longevity medicine doctor and start tracking your hormones. Modern life is hell on the endocrine system and restoring healthy hormone levels can change your life. As we get older, we either accept a slow decline in performance or we do something about it—choose the latter! 30. Develop a morning routine and follow it faithfully. Win the morning, win the day! 31. Invest in experiences, not things. People frequently regret buying things, but rarely regret investing in great experiences (especially when shared with loved ones). Remember, there’s nothing you can buy in a mall that you’ll remember in ten years. 32. Explore spirituality. It’s arrogant and small-minded to believe there’s nothing going on in our universe that is beyond our comprehension. We know less about our universe than an ant meandering on a sidewalk understands about this planet. 33. Have a strong bias toward action—doing rather than talking. If you ask a bunch of old people about their regrets, they’ll talk about the things they *didn't* do—the shots they didn’t take—more than the things they did do (even if it went wrong). As Wayne Gretzky famously said, “You miss 100% of the shots you don’t take.” Most people don’t take enough shots. 34. Stay lean. Men in particular are obsessed with muscle mass these days, but bulk doesn’t age well. The goal is to be strong but lean. The fittest guys in their 50s and beyond aren’t meatheads, they’re lean guys who are serious about a sport. 35. Curate your inner circle carefully. Surround yourself with people you admire and who challenge you to grow. Remember, we’re the average of our 5 closest relationships. 36. Be the fittest version of yourself. Your body is your only vessel for experiencing life—so treat it as such. Fitness isn’t working out a few times a week, it’s a lifestyle. The older you get, the more time you need to devote to your health. 37. Take the time to appreciate art and beauty in all its forms. 38. Think globally, but act locally. Too many people put their energy into far-away problems they don’t understand and can’t impact, while ignoring problems right under their nose. Want to change the world? Start at home. 39. Try psychedelics. It’s one of those things everyone should do at least once, and it might be the breakthrough you’ve been looking for. 40. Limit bad habits, including unhealthy thought patterns. We all have them—practice avoidance and find substitutes. Get professional help if needed. 41. Be a lifelong learner. Your brain is just like a muscle—if you don’t feed and flex it regularly, it will atrophy. 42. Find your purpose. People with a strong sense of purpose are happier and live longer. Lack of purpose sucks energy and magnifies depression. 43. Only take advice from people who embody the traits you want to have. Talk is cheap—emulate those who have DONE it. 44. The goal is not to retire and do nothing, it’s to build a great day-to-day life that you don’t need to escape. A life of leisure is a slow death. Happiness isn’t possible without a little struggle, uncertainty, and skin in the game. 45. Have fun! Do frivolous and silly things that make you smile. As George Bernard Shaw famously said, “We don't stop playing because we grow old; we grow old because we stop playing.” 46. Whatever you want to do or achieve in life, start NOW. Don’t fall victim to “someday thinking” because someday never comes. 47. Accumulate assets—things that grow in value over time. It’s the #1 habit of rich people, and it can be done in tiny chunks. Instead of spending $100 on an impulse purchase that has no lasting value, put that money into an index fund or Bitcoin. It becomes addictive (in a good way). 48. Don’t ignore the big 3 canaries in the coal mine for health: —Low libido (and ED) —Frequent sinus & respiratory issues —Depression These usually aren’t medical conditions in themselves, they’re symptoms of an underlying problem. Find a good doc (outside of the mainstream) and figure out the root cause. 49. Have a clear vision for your future. How can you decide which direction to go if you haven’t clearly defined the destination? It sounds obvious, but 95% of people haven’t defined their “Ideal End State” in detail and in writing. (Check out my thread on this topic.) 50. Make your own decisions. We live in an era where most of what society tells us is wrong. Don’t be afraid to break from societal norms—if people say you’re crazy, it’s a sign that you’re doing something right. 51. Get hardcore about mobility exercise. As you age, it’s usually the knees, hips, and lower back that limit physical performance. 30 min a couple times a week can spare you a lifetime of pain. YouTube is a great resource. 52. Go all in on family. Get married, stay married, have kids. Burn the boats. In the end, family is all that matters. 53. Be ruthless with your time. Money comes and goes. Time only goes. Audit your calendar ruthlessly—cut the trivial, double down on the meaningful, and spend your hours like your life depends on it. (Because it does.) 54. Have a strong bias toward action. Be curious, try things, meet people—it’s how you increase your surface area for serendipity, the most powerful unseen force in our lives. 55. Reinvent yourself every decade. Over time, we slowly drift off course from our priorities, values, and true identity. Take stock and don’t be afraid to hit the reset button. Bold, calculated moves made for the right reasons almost always pay off—usually even more than you can imagine. 🎁 P.S. If you enjoyed this post, would you give me a birthday gift? Repost or comment with the item number(s) you liked best?

Worth reading

We The People must cause our own @realDonaldTrump administration to start focusing on AMERICA FIRST (what he campaigned on) or we are going to find ourselves in a situation similar to what we’re witnessing just over our southern border. There is only so much corruption that human beings can take. Mexico is rife with it and it emanates from the criminal cartels that run the country and have for many years. And these cartels run freely across America and have for years now (despite the bravery of our local law enforcement professionals). Inside of America, we have something akin to these cartels and we call them politicians. Too often, too many stay in power too long and they become corrupted. Mr. @POTUS these massive problems so close to our lives must be addressed. Figure out ways to get out of the wars in Europe, the Middle East, and focus on the United States. China is responsible for killing hundreds of thousands of Americans on the streets of America, yet we allow them to send hundreds of thousands of college (ie., military) aged students to attend our colleges and universities? Our national debt is north of $35Trillion (and rising)? We have one political party that you yourself along with your director of national intelligence @DNIGabbard admitted their leader @BarackObama committed TREASON against you!!!??? Need I go on!? We are in the midst of a war—it is referred to as 5GW. Fifth-generation warfare is warfare that is conducted primarily through non-kinetic military action, such as social engineering, misinformation, cyberattacks, along with emerging technologies such as artificial intelligence and fully autonomous systems. When you add in severe levels of corruption inside of our political system humans who take advantage of these tactics (wittingly or unwittingly—sound familiar?), we lose. However, I know you want to help America WIN! America First NOW or NEVER!