Tom

I bought some bitcoin with cash at an ATM at the #bitcoinconf . @lamassuBTC made the hardware. Very cool process.

Value is not a physical thing To all the people who think bitcoin can’t have value because it’s not tangible... Tangible assets constitute the following percentage of the Mag7 market caps: Nvidia: 0.66% Apple: 1.38% Tesla: 4.06% Microsoft: 7.29% Alphabet: 8.39% Meta: 9.56% Amazon: 16.28% Combined weighted average: 5.79% If you liquidated all of these companies’ physical assets, they wouldn’t amount to 6% of their valuation. There have been days in which the market caps of these companies have moved by more than the total value of their physical assets. If 94% of the value of the most valuable companies on earth is non-physical, then value does not have to be physical. If digital things have no value, then you should have no problem with giving me your computer to erase all the data from it. I will return your computer to you in the same exact physical form. I will just press a few buttons that remove all your data, photos, and contacts, and make it impossible for you to restore them. If value can only be tangible, then all of these digital things have no value, and you shouldn’t mind me deleting them as long as the devices return in their original state. I don’t think you would. Technology, data, business knowledge, customer base, brands, and so much more are non-physical assets whose value likely exceeds that of all the planet’s physical objects and land. This is something most people understand in their daily lives, but because most people have no understanding of money, they do not understand how it applies to money, too. Most people think their money is physical, but in reality, most fiat currencies today are 90%+ digital, and usually less than 10% of the supply is physical paper money. There are no stacks of dollars in your bank sitting in a box under your name, available for you to pick up at any time. A tiny fraction of the money is physical, and the rest is digital, manufactured in various quantities by your bank, government, central bank, and other pedophiles, in quantities based on pure vibes. People still give this non-physical fiat money value because it is the only money they can use with a bank account, since governments only license banks that use their local fiat shitcoin. There is no need for the money to be physical to work; digital fiat money works as well as physical fiat money; or as badly. Bitcoin is an entirely digital money, but it is given value for far more intelligent and peaceful reasons than fiat money. You can read more about that in my books The Bitcoin Standard and The Fiat Standard, which you can buy from Amazon or TheSaifHouse.com. A common objection to bitcoin’s value is: “But if people stop believing in the value of bitcoin it can lose all value.” But that is true of everything. If people stop believing in the value of gold, it would lose value and just become another worthless rock. If people stop believing in the value of electronic devices then Apple and Nvidia go to zero. If people stop believing in the value of Manhattan, then all Manhattan real estate goes to zero. If people discover that tomatoes are poisonous, they stop believing in the value of tomatoes, and the entire planet’s tomato industry goes to zero. Just because something is physical does not guarantee its value, as we can see from the infinite amount of sand and rocks on our Earth left completely untouched by human hands. Physical things can be valueless and non-physical things can have value. Value and physicality are two independent things that are orthogonal to each other. You are doing yourself a disservice if you are unable to benefit from the world’s most advanced money and best saving technology because you are unable to see that value can be non-physical in this one instance, when you have no problem seeing it elsewhere.

@Lewisdygl I haven’t bought cake before! There’s a tobacconist not too far that has a large dedicated pipe tobacco room, so I’ll bet they will be knowledgeable!

@tomaste Have you bought it before? Do you know what you like?

If this doesn’t move you then you’ve got a hole in your pipe smoking soul.

@Lewisdygl Thanks! Maybe I’ll try to find some where I live.

@tomaste I see. No worries pal. Just cut a small slab off the side and mince (cut) it. And repeat.

@Lewisdygl Give me a few pinches of tobacco and I can pack my bowl perfectly in a few seconds. If you put a cake like that down in front of me, I’d have no idea what to do with it, and would probably make a mess of it. :)

@tomaste Intimidating? How so?

@grok @Scavacini777 Is there any proof that bitcoin has been used for tolls yet?

Yes. Multiple reports from the Financial Times, Wall Street Journal, CoinDesk, and Bitcoin Magazine confirm Iran has begun requiring oil tankers to pay ~$1 per barrel in Bitcoin or other crypto as a transit toll through the Strait of Hormuz. Yes. The policy launched around April 8, 2026, during a two-week US-Iran ceasefire, with tankers emailing cargo details for instant wallet payments to evade sanctions—up to $2M+ per supertanker. No. It is not yet applied to empty vessels or all traffic, and enforcement relies on IRGC oversight rather than full global adoption.

Iran charging Btc fees for straight of Hormuz was not in my cards for 2026 😂 Makes me wonder what We'll see in 2028 during halving year 🤔 China increasing their Btc reserves? Another nation making it legal tender... What do you think? 🤔🙏

ビットコインに国境はない 今日そのことをあらためて実感した ビットコインは世界共通のデジタル資産

@_13katana @Rajatsoni @grok @ScottiePippen I have no idea what you are saying. Good luck on the day trading tho! You must be better than 97% of all the other day traders if you can make it work. grok.com/share/bGVnYWN5…

@tomaste @Rajatsoni @grok Lol right? @ScottiePippen is his right-hand man. What am I saying? lol When your skills pay the bills, luck is irrelevant. Get you some.

A common misunderstanding about Bitcoin: "It has no value because it doesn't provide cash flow" This is like judging a fish on its ability to walk Bitcoin doesn't provide cash flow; it's cash Bitcoin is a way to KEEP your money To produce cash flow you must PRODUCE VALUE and earn money On a Bitcoin standard, you won't pay a monthly mortgage, you'll buy the home outright You'll build your own business to produce cash flow to buy food, or you'll have your own land to produce food for yourself Bitcoin brings the world back to it's roots; cooperating with other human beings to be able to live your life

@_13katana @Rajatsoni @grok You might want to learn the difference between imaginary and pseudonymous. Good luck tho!

@tomaste @Rajatsoni @grok Quoting an imaginary person doesn’t help your case. In fact, it proves mine. You’re just a bunch of dreamers.

@_13katana @Rajatsoni @grok “Value is not intrinsic; it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.” -Ludwig von Mises Also “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.” -Satoshi Nakamoto

@tomaste @Rajatsoni @grok You haven’t said anything everyone doesn’t know already. Bitcoin has no value, just a Ponzi created by a pedo dreamers were psyoped into believing in.

@Kluckies_ Most people have no idea what money is.

Jetzt bin ich gespannt: Was ist die größte Erkenntnis, die du durch Bitcoin erlangt hast? 👇

@SpudNakamoto @bitcoinwell Don't trust, Verify. Run your own node. You don;t need to trust anyone else's node but your own.

@tomaste @bitcoinwell Yeah but is it really bad if I trust the scales 1,000s of others use constantly?

1/ You bought the hardware wallet. You hid the seed phrase. You think you are sovereign. You are wrong. Self-custody is only half the battle. If you hold your own keys but don't run your own node, you're still trusting a third party. Here is the reality. 🧵

Cybertruck is so awesome. Until you’ve tried it out, you have no idea, because there’s nothing like it. Best product Tesla has ever made to date.

Imagine if every billionaire, every country, and every corporation had to play by the exact same monetary rules as you. That’s Bitcoin.

Google’s answer to “can bitcoin be stopped”

@_13katana @Rajatsoni @grok You questioned bitcoin's value. The free market puts bitcoin's market cap at 1.5T and I just proved that it has been the best performing asset since its inception. What else would you like to talk about?

@tomaste @Rajatsoni @grok The same talking point everyone knows already. Find something new to say lol.

@_13katana @Rajatsoni @grok grok.com/share/bGVnYWN5… Heres the answer.

@_13katana @Rajatsoni @grok What was the best performing asset in the last 5 years, 10 years and 15 years?