Duh!

15.31% gain in a single day???

Wow everything else is getting fucking murdered besides MSTR (up +15.31% in a day!!!), and also MARA, up +8.99% in just a single day!!

A conversion premium is the amount by which the price of a convertible security, such as a bond, exceeds its conversion value—the value of the underlying common stock into which it can be converted. This premium reflects the additional cost investors are willing to pay for the option to convert the bond into equity at a predetermined price.

Calculation of Conversion Premium:

1. Determine the Conversion Value: Multiply the current market price of the stock by the number of shares the bond can be converted into (the conversion ratio).

2. Calculate the Conversion Premium: Subtract the conversion value from the current market price of the convertible bond.

Example:

• Convertible Bond Price: $1,200

• Conversion Ratio: 40 shares

• Current Stock Price: $25

Conversion Value: 40 shares × $25 = $1,000

Conversion Premium: $1,200 (bond price) – $1,000 (conversion value) = $200

In this example, the conversion premium is $200, indicating that investors are paying an extra $200 for the option to convert the bond into stock at the specified terms.

MicroStrategy’s Convertible Senior Notes Offering:

On November 20, 2024, MicroStrategy announced the pricing of its $2.6 billion offering of 0% convertible senior notes due 2029. The initial conversion price is approximately $672.40 per share, representing a premium of about 55% over the volume-weighted average price of MicroStrategy’s class A common stock, which was $433.80 at that time.

This means investors are willing to pay a 55% premium over the current stock price for the option to convert their bonds into equity at a future date, reflecting their confidence in the company’s potential for stock price appreciation.

Understanding the conversion premium is crucial for investors evaluating convertible securities, as it indicates the additional cost for the conversion option and helps assess the attractiveness of the investment relative to the underlying stock’s performance.

A Green Shoe Option, also known as an over-allotment option, is a clause in an underwriting agreement during an initial public offering (IPO). It allows underwriters to sell more shares than initially planned—typically up to 15% extra—if investor demand is higher than expected. This mechanism helps stabilize the stock price after the IPO by giving underwriters flexibility to manage supply and demand.

How It Works:

1. Initial Offering: A company plans to sell a certain number of shares to the public. For example, it might offer 1 million shares at $10 each.

2. Over-Allotment: The underwriters receive the option to sell additional shares (up to 15% more, so 150,000 extra shares in this case) if there’s strong demand.

3. Managing Demand:

• High Demand Scenario: If the stock price rises above the offering price due to high demand, underwriters can exercise the Green Shoe Option to buy the extra shares from the company at the original offering price. This satisfies additional demand without pushing the price higher.

• Low Demand Scenario: If the stock price drops below the offering price, underwriters can buy shares from the open market at the lower price to cover their over-allotment. This action can help support the stock price by increasing demand.

Benefits:

• Price Stabilization: Helps prevent extreme volatility in the stock price immediately after the IPO.

• Investor Confidence: Provides assurance to investors that underwriters have tools to support the stock if needed.

• Flexibility for Underwriters: Allows them to adjust to market conditions without adversely affecting the stock price.

Origin of the Term:

The term “Green Shoe” comes from the Green Shoe Manufacturing Company (now part of Stride Rite Corporation), which was the first company to use this option in their underwriting agreement.

Example Scenario:

• A company issues 1 million shares with a Green Shoe Option for an additional 150,000 shares.

• Demand is high, and the stock trades above the offering price.

• Underwriters sell the extra 150,000 shares to meet demand.

• They exercise the Green Shoe Option to purchase these shares from the company at the original price, thus covering their position.

Key Takeaway:

The Green Shoe Option is a tool used in IPOs to help underwriters manage demand and stabilize the stock price, benefiting both the company issuing shares and potential investors.

…

A green shoe option is like having extra cookies at a party. Imagine you’re giving out 100 cookies (shares) to your friends, but you’re not sure if everyone will want one. So, you keep 15 extra cookies just in case more kids show up.

If lots of kids want cookies (high demand), you can give out the extra 15. But if fewer kids come (low demand), you take back some cookies to make sure everyone feels happy with the cookies they got.

It helps keep everything smooth and fair!

….

A green shoe option, also known as an overallotment option, is a provision in an initial public offering (IPO) or other securities offering that allows underwriters to sell additional shares (typically up to 15% more) than originally planned if demand exceeds expectations. This mechanism helps stabilize the stock price after the offering and provides flexibility in case of oversubscription.

Key Features:

1. Purpose:

• To manage volatility and stabilize the stock price post-IPO.

• To meet excess demand when investor interest is higher than anticipated.

2. How It Works:

• The underwriters initially allocate more shares than are being issued.

• If the share price increases due to high demand, underwriters can exercise the green shoe option to purchase the additional shares directly from the issuer at the offering price.

• If the share price falls below the offering price, underwriters can buy shares in the open market to cover their overallotment, helping to support the price.

3. Named After:

The term comes from the Green Shoe Manufacturing Company (now known as Stride Rite Corporation), which was the first company to include this provision in a public offering.

4. Legal Limit:

The option is usually capped at 15% of the original offering size and must be exercised within a specific time frame, typically 30 days post-offering.

In summary, a green shoe option benefits both issuers (ensuring their offering is successful) and investors (providing price stability in the early trading days).

Due 2029, 5 years from now,,, offer convertible bonds from $1.75B to $2.6 billion, with $400 million greenshoe option

Given high demand, we upsized our $MSTR offering of 0% convertible bonds due 2029 from $1.75 billion to $2.6 billion, including a $400 million greenshoe option, and priced it at a 55% conversion premium. – @saylor

MSTR!

MicroStrategy Announces Pricing of Offering of 0% Convertible Senior Notes

November 20, 2024:

The conversion rate for the notes will initially be 1.4872 shares of MicroStrategy’s class A common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $672.40 per share. The initial conversion price of the notes represents a premium of approximately 55% over the U.S. composite volume weighted average price of MicroStrategy’s class A common stock from 1:30 p.m. through 4:00 p.m. Eastern Standard Time on November 19, 2024, which was $433.7997. The conversion rate will be subject to adjustment upon the occurrence of certain events.

MicroStrategy estimates that the net proceeds from the sale of the notes will be approximately $2.58 billion (or approximately $2.97 billion if the initial purchasers exercise in full their option to purchase additional notes), after deducting the initial purchasers’ discounts and commissions and estimated offering expenses payable by MicroStrategy.

MicroStrategy intends to use the net proceeds from the offering to acquire additional bitcoin and for general corporate purposes.

Turbo Bitcoin!

Financial decision should always be like 1000% obvious. If you have to think twice, or second-guess yourself, don’t do it don’t buy it don’t pay for it.

Even more important; be really really ignoring of others who tell you otherwise.

Engineer a better planet?

Engineering a better solution

So I just listened to the new interview with Natalie Brunell and Michael Saylor and something super super interesting at the interview at the end was about how Michael Saylor is misunderstood; and he said “People think I’m a trader, but I am an engineer”. 

What is the difference? And also what is a speculator?

So I suppose, first, bitcoin is the 1000% perfectly engineered solution to perfect godlike money.  if Zeus came from the heavens, and told us near mortals “no no no, you no longer need to sacrifice hectacombs or heads of oxen to me, just buy bitcoin instead,”– same concept.

Or, if Zeus came down and said “I shall create 21 million cyber oxen, in cyberspace, and there shall ever ever only ever be 21 million cyber cattle in Cypress space, and this bowl will be immortal, indestructible, cyber, and shall live forever “,,, wouldn’t you want to own one of these godlike oxen, or a fraction of it? Like apparently these hipster things in which you could do something like you could all chip in money for part ownership of a cow, and when it gets slaughtered, you get like 10% of it? 

Maybe the same thing as with bitcoin. Like let us say that one bitcoin is like one cyber ox, and by buying 10% of a bitcoin you could just buy like the head, the rear leg, the top sirloin in the bottom sirloin, the brisket, etc.

Cyber Capital

Michael Saylor talks a lot about this notion of digital real estate, digital capital as like a cyber Manhattan. So for example, if you could buy like one square block in Manhattan, a full square block, on fifth Ave., what is that worth? Like $200 million?

If you think about it, bitcoin is like 1 trillion times more valuable than even physical Manhattan, because it is global, decentralized, and, in cyberspace! It shall never degrade, perish, and you never have to pay taxes on it. 

.

Everything which is not bitcoin is a scam? 

.

Fiat Capital asset
.

1000:1– impoverished

$100M , richer than Elon musk

.

Don’t let the perfect be the enemy of the good ***

Bitcoin is the perfect solution!

.

Just a better solution than an awful one

.

ASEAN

Gateway drug

.

Digital Token

Fair, equitable

Don’t lie cheat or steal

.

Antiquated ologiopoly

Serve 8B

4 M companies

.

DO SOMETHING aspirational

.

Out of Poverty!

.

Better living through technology

Create a better future for everyone!

.

I tried every possible conventional thing

.

.5B of Cash

.

After you have been beat to death

Value of real estate 2x, tech stock goes up 2x

.

You’re not allowed to work and it is your fault

.

Stacked to oppress crush Main Street

.

Double, perversity

You did no work

350 basis points to zero.

3.5% to 0%

.

This is really F’d up!

Anger irritation

Nothing to lose! ***

.

We tried everything else!

Property owners vs working class company , working class

.

Lose $100M get beat to zero

.

Revolt against the system! ***

Switch to the Bitcoin standard , your family to your own Bitcoin standard

Certain death

99.9% life boat

.

They were not looking at a certain death!

The edge of the abyss

.

Sell the company ,

99 sold

“Exit”

Can’t grow just sell

.

Shut down or go bankrupt

.

A lot sold

Merge with Bitcoin, invert yourself

.

100 hour impediment

.

Have hope!

Didn’t give up!

I will never give up! ***

.

Not first principles thinkers

.

FASB FAIR VALUE INVESTMENT GAIN

FIX ACCOUNTING

.

2025 fixed Trump Jan 20th

.

SAB 121, banks support Bitcoin

.

Don’t think for themselves

.

Late majority

Spirio

Ex post facto

$250M in,,,

$10B

.

850B

40 buys

42B

Speculation

Deploy that capital

Free money

$1B for free

Decaying

18% down

Bitcoin exposure

50% increase a year

Convertible bond

.

Compelling

Security low risk bitcoin high voltage bitcoin

Raw 60 ARR

120 ARR VOL

DOUBLE BITCOIN

2x intelligent leverage

Don’t pledge BTC

$6M a week

$50M a month no risk

.

Almost already risk free

Extremely low risk

.

Paid back your principal

Arbitrage

A little bit of risk. MSTR bonds double in value

Fixed income funds

Hundreds of trillions of dollars

100% bitcoin treasury

Double in 8 weeks

100% BTC

.

No electricity in their bond

Bitcoin backed bonds

300T

The most interesting most liquid securities because we are volatile

.

Rethink

Extreme

.

MSTR high voltage bitcoin transformer

Go double Bitcoin outperform NVIDIA

safe low risk volatility bitcoin

They can’t they won’t they don’t wish to

Ford F450 XL

.

1000 factor markup

.

Don’t electrocute traditional Bitcoin

6% interest

Late bloomer quick learner

Volatility is a feature not a bug.

.

Genetics life

.

Endless fascination

.

How do birds learn to fly?

.

How much info in a strand of DNA

L

Color palette genetics

.

HODL
.

Satoshi glorious orange

.

To create the parrot

Pro create prosper

.

Trader? I’m an engineer! **

.

I’m a scientist?

I’m engineering not trading , engineering a better world

Engineer a better company

I’m better today than 4 years ago

.

Make money for your investors

.

You don’t even understand how this works, engineered to win!

How do you know the stairs are going to work? Plane flies?

.

Engineering is Key ***

Engineering weight lifting

.

Nuclear reactor

3 years old,

Direct traffic

.

This is chaos! I know what is going on here! I’m in charge!

.

Not everyone is going to win with it –>

.

Own 20% of cyberspace!

All the capital from the past

Put a flag in cyberspace!

Settle in the manhattan of cyberspace!

It makes us rich!

.

Retire the national debt! Getting rich is a good idea!

.

Retire national debt with enemy money

Where we own it

Conquer cyberspace

Buy the future

.

Floating above the United States

.

Headache free

Becoming an Investor

Glass beads

World reserve capital network

.

Operating companies

Toxic capital weak capital

Strong Capital ***

Real estate is not money

.

Keep going heavier!

.

Money as capital asset , Bitcoin.

.

Education post Bitcoin?

.

Prescription for prosperity

Own the world reserve capital network , benefit from the growth

It is a way out!

.

Buy a tenth of a square block!

.

I was in despair!

20,000 man years

.

The system is rigged against you

Hope for the people

.

World reserve capital network

The new gold rush

Corporations and banks don’t have to die!

It is your choice!

60% up a year BTC

.

Fake vs real compassion?

.

Embrace technology

Give people their freedom back

Voice of women vs men different

.

Long term capital

To be rich and stay rich forever!

More money more power, wealth and prosperity forever!

4 year old!

.

High frequency stable liquid money

.

Price list

$10 T is currency, $450 T … 45x higher is capital preservation

$200 B in USD?

.

Not even 1%!

.

You cant live in a Bitcoin!

.

I own this!

.

You should own the bond!

Pay twice as much what it’s worth,?

Why?

Land banking

.

The beautiful pieces of property would only cost half as much!

.

You don’t have a beautiful home!

Long term capital preservation

Broken broken money, perverse

.

Currency is not worth much! ***

.

.0001of my wealth in that ,,, not a problem for me!

.

4x S&P index, 2x magnificent 7

Growing 3x faster than your company

I want to buy all of it! ***

.

Patronize you

.

The world will work better , not as valuable

Equity of Ai Company

.

Genius Jarvis

.

The best idea is Bitcoin! ***

Money that lasts forever!

Immortal economic energy indestructible

.

50-60% a year growth

.

De celerate

Be more bullish today! Political winds!

.

$30T, Tesla is worth

Don’t bet against Elon! ***

.

Don’t bet against Bitcoin

Winners vs Losers

Winners Buy Bitcoin, Losers Buy Apple

.

It is going to devalue to silver … Bitcoin belt buckle

.

Gold just little like silver

.

Shrink or decap

Bitcoin will BLAST UP!

.

Pro Bitcoin all pro bitcoin everything!

Bitcoin Pro ***

.

Decay?

.

Digital Assets Framework

Technically sound

Physically sound

.

No enthusiasm but now is!

.

Have your Apple stock on iPhone tokenizarion

People want to trade weekend and evening!

.

Modern cryptography

Recommend Bitcoin over MSTR!

.

You are empowered good for world and people

.

Tether or circle

.

Ethereum or Chainlink isn’t worth much ,,, because it is not a good long term source of capital

.

There should be competition in the market.

15T of us digital currency

.

“Float”– nominally pegged to USD, 5% -+

.

Audit

May the better companies win!

Market economics and the future

Losers — crappy weak currency every regime

Manage less effiency

Elon Musk has explored the idea of using Bitcoin as a currency on Mars, highlighting both potential and challenges. In a discussion with ARK Invest CEO Cathie Wood, he noted that while a cryptocurrency could be suitable for Mars, Bitcoin’s transaction settlement time poses significant hurdles. The average distance between Earth and Mars is about 12.5 light minutes, leading to round-trip communication delays of approximately 25 minutes. Given that Bitcoin transactions typically require about an hour to finalize due to its 10-minute block intervals and the need for multiple confirmations, this latency could complicate its use on Mars.

To address these challenges, Musk suggested the necessity of a localized network on Mars. This concept aligns with the idea of implementing a localized Lightning Network, a second-layer solution designed to facilitate faster and more cost-effective Bitcoin transactions. Such a network could mitigate the delays caused by the vast distance between the two planets.

However, some experts believe that Bitcoin’s existing structure might already be capable of handling the communication delays between Earth and Mars. For instance, Blockstream CEO Adam Back has expressed optimism, suggesting that the 12-22 light-minute delay is manageable within Bitcoin’s 10-minute block confirmation process.

In summary, while the idea of using Bitcoin on Mars is intriguing, significant technical challenges must be addressed. Developing localized networks or adapting existing blockchain protocols could be essential steps toward enabling efficient cryptocurrency transactions in interplanetary settings.

…l

Using Bitcoin on Mars presents a fascinating intersection of cryptocurrency technology and interplanetary communication challenges. While the idea is theoretically intriguing, several practical obstacles would need to be addressed to make Bitcoin functional on the Red Planet.

Communication Delays

One of the most significant hurdles is the communication delay between Earth and Mars, which can range from about 3 to 22 minutes one-way, depending on the planets’ positions in their orbits. Bitcoin relies on a global network of nodes that rapidly propagate transactions and updates to the blockchain. The latency introduced by the vast distance would disrupt the consensus mechanism, making it impractical for Martian nodes to stay synchronized with Earth’s Bitcoin network in real-time.

Consensus Mechanism Challenges

Bitcoin’s Proof-of-Work (PoW) consensus algorithm depends on miners solving cryptographic puzzles, with new blocks added approximately every 10 minutes. The interplanetary delay would mean that any blocks mined on Mars could conflict with those mined on Earth, leading to frequent forks in the blockchain. This issue could undermine the security and reliability of transactions conducted between the two planets.

Potential Solutions

• Independent Martian Blockchain: One solution could be to establish a separate Bitcoin network on Mars, essentially a fork of the Earth’s Bitcoin blockchain. This Martian Bitcoin could operate independently, with its own miners and consensus mechanism. However, this approach would create two distinct currencies unless a reliable synchronization method is developed.

• Sidechains and Off-Chain Transactions: Technologies like sidechains or the Lightning Network could facilitate transactions between Earth and Mars by allowing off-chain transactions that are later settled on the main blockchain. Yet, the inherent communication delays would still pose significant challenges for timely settlement.

• Adjusting Protocol Parameters: Modifying Bitcoin’s protocol parameters, such as increasing the block time, might help accommodate the latency. However, such changes would require widespread consensus and could affect the network’s security and efficiency.

Legal and Regulatory Considerations

As of my knowledge cutoff in October 2023, there are no established legal frameworks governing financial systems on Mars. Any adoption of Bitcoin or other cryptocurrencies would need to consider the development of new laws and regulations appropriate for an extraterrestrial context.

Technical Infrastructure

Implementing Bitcoin on Mars would require substantial technical infrastructure, including reliable communication systems, computing resources for mining and transaction processing, and secure storage solutions for private keys.

Conclusion

While using Bitcoin on Mars is a concept rooted in the future, it brings to light important considerations about the adaptability of blockchain technology across vast distances. Overcoming these challenges would not only benefit interplanetary finance but could also lead to advancements in how decentralized systems handle latency and synchronization on a global—or even cosmic—scale.

Using Bitcoin on Mars could be a fascinating concept, symbolizing a future where decentralized currencies are utilized across planets. Here’s how it could work:

1. Decentralized System:

Bitcoin’s blockchain could serve as a universal currency for Mars due to its decentralized nature, requiring no centralized banking systems.

2. Challenges in Communication:

Communication delays between Earth and Mars (up to 20 minutes) could lead to the development of localized “Martian blockchains” or off-chain solutions for faster transactions.

3. Energy and Mining:

Mars could use solar energy to power Bitcoin mining operations, making it a sustainable option for generating new coins.

4. Interplanetary Economy:

Bitcoin could facilitate trade between Earth and Mars, acting as a universal currency for resources, technology, and data transfer.

Would you like a visual representation or further expansion on this idea?

You could probably use Bitcoin on mars

Obviously, with digital, cyber capital!

Like digital photos,,,, is it possible to accumulate digital photos forever? Of course!

From Microstrategy.com

Last modified: November 18, 2024

“Qualified Institutional Buyer” or “QIB” means:

• Any of the following entities, acting for its own account or the accounts of other QIBs, that in the aggregate owns and invests on a discretionary basis at least $100 million in securities of issuers that are not affiliated with MicroStrategy:

• any insurance company as defined in section 2(a)(13) of the Securities Act of 1933;
• any investment company registered under the Investment Company Act or any business development company as defined in section 2(a)(48) of that Act;
• any Small Business Investment Company licensed by the US Small Business Administration under section 301(c) or (d) of the Small Business Investment Act of 1958;
• any Rural Business Investment Company as defined in section 384A of the Consolidated Farm and Rural Development Act;
• any plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions, for the benefit of its employees;
• any employee benefit plan within the meaning of title I of the Employee Retirement Income Security Act of 1974;
• any trust fund whose trustee is a bank or trust company and whose participants are exclusively plans established for the benefit of state employees or employee benefit plans, except trust funds that include as participants individual retirement accounts or H.R. 10 plans;
• any business development company as defined in section 202(a)(22) of the Investment Advisers Act of 1940;
• any organization described in section 501(c)(3) of the Internal Revenue Code, corporation (other than a bank as defined in section 3(a)(2) of the Securities Act, a savings and loan association or other institution referenced in section 3(a)(5)(A) of the Securities Act of 1933, a foreign bank or savings and loan association, or equivalent institution), partnership, limited liability company, or Massachusetts or similar business trust;
• any investment adviser registered under the Investment Advisers Act; and
• any institution that qualifies as an accredited investor under Rule 501(a) under the Securities Act of a type not listed in the bullets above or below, including those entities formed for the purpose of acquiring the securities being offered.

• Any registered dealer, acting for its own account or the accounts of other QIBs, that in the aggregate owns and invests on a discretionary basis at least $10 million of securities of issuers that are not affiliated with the dealer.
• Any registered dealer acting in a riskless principal transaction on behalf of a QIB.
• Any investment company registered under the Investment Company Act, acting for its own account or for the accounts of other QIBs, that is part of a family of investment companies which own in the aggregate at least $100 million in securities of issuers, other than issuers that are affiliated with the investment company or are part of such family of investment companies.
• Any entity, all of the equity owners of which are QIBs, acting for its own account or the accounts of other QIBs.
• Any bank or any savings and loan association or other institution, acting for its own account or the accounts of other QIBs, that in the aggregate owns and invests on a discretionary basis at least $100 million in securities of issuers that are not affiliated with it and that has an audited net worth of at least $25 million as demonstrated in its latest annual financial statements, as of a date not more than 16 months preceding the date of sale under Rule 144A in the case of a US bank or savings and loan association, and not more than 18 months preceding the date of sale for a foreign bank or savings and loan association or equivalent institution.

Perhaps the best way to think is mentally, as of November 19, 2024 — the current value of Bitcoin *should* be worth at least maybe $120k? Post halving.

So now assuming Bitcoin is around $90k, then what that then means is that Bitcoin is currently trading and available at a *DISCOUNT*— a deal! Maybe like a 30% discount on Bitcoin even at $90k?

@fundstrat

Over $100k by end of this year (video)

Interesting .,, so bitcoin before the halving was let’s say like $60k, and post halving ,,, maybe like 8 months after, it is currently trading at around $90k, which means perhaps currently, bitcoin *SHOULD* be worth at least $120k?

Year to date, $MSTR‘s treasury operations delivered a BTC Yield of 41.8%, providing a net benefit of ~79,130 BTC to our shareholders. This equates to ~246 BTC per day, acquired without the cost, energy consumption, or capital expenditures typically associated with Bitcoin mining. – @saylor

Worth at least $450T, assuming global economy is worth $900T

Figure out what to subtract, delete, get rid of?

The irony of performance is that if you see greater performance, it is all about deactivating uninstalling and getting rid of stuff.

For example, after having some Jetpack WordPress plugin issues, I just uninstalled it, and now magically,,, my site feels like at least 10x or 50x faster, cleaner, sleeker, superior?

Also ,,, perhaps the great genius of Bitcoin is what it does *NOT* seek to do —

Too many other cryptos, Ethereum, chainlink and the like seek to do like a trillion things to fix *everything*. The problem —

You only gotta fix 1 really big (or maybe 2) big problems.

The killer app for Bitcoin — Capital *preservation*

If you desire and seek perfect happiness, it is simple: the prerequisites for happiness is children, having kids, and of course, owning bitcoin!

The secret:

If you want to be happy, have a kid!

Happiness is free!

Technically even if you drive a Prius or hybrid, you’re a petrol head?

Brave New World of Bitcoin

1. How to Get Free Bitcoins
2. Why Bitcoin is All-American
3. The Will to Bitcoin
4. 10x
5. Introduction to Bitcoin
6. Bitcoin Meditations
7. Options
8. Bitcoin for Investors
9. Paradise Bitcoin
10. The Philosophy of Volatility
11. Bitcoin is Free Speech
12. Digital Capital
13. BRAVE NEW WORLD OF DIGITAL CAPITAL

Welcome to Bitcoin

1. Bitcoin Economics
2. Bitcoin Philosophy

Bitcoin Investing 101

Super simple–

1. Buy Bitcoin using Coinbase— just use Plaid to link your bank checking account with it
2. Keep stacking more bitcoins whenever you have access to more $USD or fiat currency,

No ethereum or anything else

Prediction — eventually all the money which got poured into the Ethereum ETF will soon be converted and transfers into Bitcoin ETF’s

Eric Kim, a photographer and writer, has expressed profound views on Bitcoin, likening it to a new form of religion. He observes that in modern times, money and capitalism have become central to people’s lives, often being deified above all else. In this context, Kim suggests that Bitcoin represents the “new religion,” with individuals making significant sacrifices to accumulate it, much like religious devotees.

Kim also draws parallels between Bitcoin and religious narratives, likening its creator, Satoshi Nakamoto, to a messianic figure who sacrificed anonymity for a greater cause. This metaphor emphasizes Bitcoin’s cultural impact, framing it as a movement with followers dedicated to its ethos of decentralization and financial sovereignty.

Through these perspectives, Kim portrays Bitcoin as more than a financial instrument; he views it as a cultural artifact and a philosophical tool that embodies modern society’s reverence for money and technology.

.

Eric Kim, a photographer and writer, has explored the idea of Bitcoin as a new form of religion. He suggests that in modern times, money and capitalism have become central to people’s lives, often being deified above all else. In this context, Kim proposes that Bitcoin represents the “new religion,” with individuals making significant sacrifices to accumulate it, much like religious devotees.

Kim also draws parallels between Bitcoin and religious narratives, likening its creator, Satoshi Nakamoto, to a messianic figure who sacrificed anonymity for a greater cause. This metaphor emphasizes Bitcoin’s cultural impact, framing it as a movement with followers dedicated to its ethos of decentralization and financial sovereignty.

Through these perspectives, Kim portrays Bitcoin as more than a financial instrument; he views it as a cultural artifact and a philosophical tool that embodies modern society’s reverence for money and technology.

Buy and hold MSTR stock, (which is 150% levered long Bitcoin), ride it up, sell when it is high, sell some, buy BTC! Continue ad infinitum!

For example if you have $150k worth of MSTR MICROSTRATEGY stock, ride it up to $160,000 and sell $10,000 worth, transfer and deposit it into your checking account which is linked to Coinbase, and buy $10,000 worth of BTC!

Only ever sell the MSTR stock when it is high and for a gain, never a loss. If it dips into the red just be patient a few weeks or months (perhaps only weeks), and only ever “shave off the top” or “shave the cream off the top” when it is high!

Like ride MSTR stock when total value of it is $150,000 and wait until it hits $200,000 then sell $50,000 worth of the MSTR stock for more bitcoin!

---

Long Bitcoin

CRYPTO BY KIM

Brave new world for photographers and crypto:

1. BITCOIN IS GOD MONEY?
2. The Bitcoin Risk Lever
3. MSTR -> BTC
4. Sell Ethereum, Buy Bitcoin!
5. BUY IT ON DISCOUNT!
6. BITCOIN IS THE INTERNET 2.0?
7. ALL BITCOIN EVERYTHING
8. Self-Custody
9. HOLD OR CIRCULATE?
10. BITCOIN OR BUST
11. BITCOIN THOUGHTS
12. Bitcoin is Sexy
13. Fuck the Banks!
14. Ethereum?
15. Why Chainlink?
16. BIG AMOUNTS, SMALL AMOUNTS?
17. CRYPTO, CRYPTOCURRENCY THOUGHTS.
18. The Philosophy of Crypto
19. BITCOIN SHALL BE THE LAST CRYPTO STANDING.
20. Bitcoin Price Prediction
21. Trust chainlink for the most accurate prices for bitcoin or any other crypto
22. BITCOIN
23. There is No Web 3.0
24. 2 cents to 2 dollars?
25. Crypto.com?
26. Speculation vs Investing
27. Building with Bitcoin
28. DYNAMICS VS STATICS.
29. How Do You Know if the Timing Is Right?
30. BITCOIN IN THE NEWS
31. BITCOIN & UNCERTAINTY
32. Fake Money
33. Why I Bought More Bitcoin (Again)
34. How I Made Money with Crypto
35. Better to buy Dogecoin then buy a Tesla
36. NO LIMITS.
37. ALL DIGITAL FUTURE.
38. Digital over Physical Possessions
39. DIGIBYTE.
40. CHAINLINK.
41. The Excitement of Starting from Zero
42. HAPTIC INDUSTRIES NOW ACCEPTING CRYPTO AND BITCOIN
43. In Praise of Crypto
44. JUST BUY IT.
45. Why I’m So Bullish on Bitcoin
46. Bitcoin as the Simplest Cryptocurrency
47. Why I bought (more) bitcoin
48. Once You Become a Crypto Billionaire, Then What?
49. Why Crypto is Under-Hyped
50. The Joy of Speculation
51. BITCOIN AND CRYPTOCURRENCY FOR PHOTOGRAPHERS
52. Why I Bought Bitcoin
53. Crypto Photography
54. Crypto Thoughts
55. On Making Money from Nothing
56. BITCOIN THOUGHTS
57. Bitcoin is Sexy
58. Fuck the Banks!
59. Ethereum?
60. Why Chainlink?
61. BIG AMOUNTS, SMALL AMOUNTS?
62. CRYPTO, CRYPTOCURRENCY THOUGHTS.
63. The Philosophy of Crypto
64. BITCOIN SHALL BE THE LAST CRYPTO STANDING.
65. Bitcoin Price Prediction
66. Trust chainlink for the most accurate prices for bitcoin or any other crypto
67. BITCOIN
68. There is No Web 3.0
69. 2 cents to 2 dollars?
70. Crypto.com?
71. Speculation vs Investing
72. Building with Bitcoin
73. DYNAMICS VS STATICS.
74. How Do You Know if the Timing Is Right?
75. BITCOIN IN THE NEWS
76. BITCOIN & UNCERTAINTY
77. Fake Money
78. Why I Bought More Bitcoin (Again)
79. How I Made Money with Crypto
80. Better to buy Dogecoin then buy a Tesla
81. NO LIMITS.
82. ALL DIGITAL FUTURE.
83. Digital over Physical Possessions
84. DIGIBYTE.
85. CHAINLINK.
86. The Excitement of Starting from Zero
87. HAPTIC INDUSTRIES NOW ACCEPTING CRYPTO AND BITCOIN
88. In Praise of Crypto
89. JUST BUY IT.
90. Why I’m So Bullish on Bitcoin
91. Bitcoin as the Simplest Cryptocurrency
92. Why I bought (more) bitcoin
93. Once You Become a Crypto Billionaire, Then What?
94. Why Crypto is Under-Hyped
95. The Joy of Speculation
96. BITCOIN AND CRYPTOCURRENCY FOR PHOTOGRAPHERS
97. Why I Bought Bitcoin
98. Crypto Photography
99. Crypto Thoughts
100. On Making Money from Nothing

MSTR NEWS

Da Nang, Vietnam, is renowned for its luxurious resorts that offer exceptional amenities and breathtaking views. Here are some of the top resorts in the area:

Hyatt Regency Danang Resort and Spa

Open now · Hotel · 9.1 (165 reviews)

5 Truong Sa Street (Ngu Hanh Son District), Đà Nẵng, Thành Phố Đà Nẵng

Located along the pristine shores, this resort features spacious rooms, suites, and villas with private pools. Guests can enjoy multiple dining venues, a spa, and direct beach access.

Furama Resort Danang

Closed · Hotel · 8.5 (86 reviews)

68 Ho Xuan Huong, Đà Nẵng, Thành Phố Đà Nẵng

A blend of traditional Vietnamese architecture and modern luxury, Furama offers multiple pools, a renowned spa, and various dining options, all set amidst lush tropical gardens.

Premier Village Danang Resort

Closed · Hotel · 8.8 (53 reviews)

Võ Nguyên Giáp (Hồ Xuân Hương), Đà Nẵng, Thành Phố Đà Nẵng

Managed by Accor, this resort offers spacious villas with private pools, multiple dining options, and is situated along the beautiful My Khe Beach.

Each of these resorts provides a unique experience, ensuring a memorable stay in Da Nang.

.

#1

The InterContinental Danang Sun Peninsula Resort stands out as a premier destination in Da Nang, Vietnam. Situated on the Son Tra Peninsula, this luxurious resort offers guests a harmonious blend of natural beauty and sophisticated amenities.

Key Features:

• Location: Approximately 30 minutes from Da Nang International Airport, the resort is nestled within the Son Tra Mountain Nature Reserve, providing a serene and secluded environment.

• Accommodations: The resort boasts 200 rooms and suites, each designed with a fusion of traditional Vietnamese aesthetics and modern luxury. Guests can enjoy panoramic ocean views from private balconies.

• Dining: Culinary experiences include:

• La Maison 1888: Helmed by three-Michelin-starred chef Pierre Gagnaire, offering exquisite French cuisine.

• Citron Restaurant: Serves Vietnamese and Mediterranean dishes in a unique setting with private dining booths elevated 100 meters above sea level.

• Barefoot: A beachfront venue specializing in grilled meats and fresh seafood.

• Amenities: Guests have access to a private beach, two outdoor swimming pools, a state-of-the-art fitness center, and the HARNN Heritage Spa, which offers a range of treatments inspired by Asian traditions.

• Unique Experiences: The resort is home to the critically endangered red-shanked douc langur. Guests can participate in guided tours to observe these rare primates in their natural habitat.

For more information or to make a reservation, visit the official website.

Never sell your bitcoin! ***

More than a couple billion dollar mistake!

.

SAB 121,,, President veto’s it

.

Grow from 100x from here!

.

SCC

.

ACCELERATE institutional adoption

Hostile?

I will end the war on bitcoin & crypto!

Make Bitcoin in America, become #1 in Bitcoin

Trump is all in on crypto!

.

All in on bitcoin!

Elizabeth Warren

Insuring BTC

operation choke point

.

Amplified campaign rhetoric

.

Everyone in the country wants prosperity, freedom!

Leave the past behind ***

2025

.

Action

What will the action be?

Buy the future

.

Buy the new world , buy the future

.

The new world!

Bitcoin is the new world!

St Louis

.

Sell Louisiana ,,, Napoleon?

.

Nations grow by expansion

The new frontier is cyberspace ***

Go up into cyberspace!

Bitcoin IS Cyberspace!

5-25% of the future, buy 25% of Cyberspace!

.

20th 19th century, gold, etc real estate bonds stocks of 20th century, will flow into 21st century

.

The manhattan of cyber space

$16T Lummis bill, 4x that?

.

Conquer cyberspace! ***

.

Neocon

Retire the national debt with your enemy’s money!

Buy the Future

.

Sovereign treasury debt and debt

.

Currency vs Capital

Everything pegged to the dollar

Currency

US owns the worlds reserve currency

Capital long term store of value

.

Don’t pay your rent with Bitcoin!

Real estate or stocks

.

Real estate is capital , not money

Apple stock is fungible capital

.

You can’t buy cup of coffee Saturday morning with Apple stock

.

Capital assets in 20 century are not money

Currency is money but currency not good Capital asset

Money which is Capital asset which is Bitcoin

.

Tactical bitcoin reserve

.

Debt as capital . Banks are insolvent

Currency vs Capital

.

Money is fungible liquid asset

.

Real estate cannot be money, a building is not

.

It is a way out!

Get ahead!

Hope to working class

.

20,000 man years

.

I wasn’t stupid!

1 decade couldn’t get ahead

,

The system is rigged against you!

.

Don’t have option!

.

Pivotal movement!

Entrepreneurship, Electric Vehicles

Give them their freedom back!

.

Innovation

Re-Capitalization of the Planet

.

Not even 1%!

.

Broken money

..

Currency is not worth much! ***

$100b of bitcoin

.

Make white cool again!

Heavy

Real rich people

Rubber band time

better to be the gay monster than the sentimental bore!

also their failures —

The virtues of Bitcoin —

First, it actually might be the most important and valuable thing for the human race, all 8 billion of us on the planet. Why? The reason is because it is money perfected. If you don’t have money, individual agents on the planet, we human beings cannot interact with one another.

let us consider, assuming that you own an iPhone or iPhone Pro or you like having the Internet, Wi-Fi 5G etc.… Can you imagine trying to exist and live without the Internet, Wi-Fi, Delene, flights and airlines, weights weightlifting stuff,

MSTR STOCK LET’S GOOOOOO!

Pure joy, pure bliss!

Thank god I sold Chainlink and bought (back) my Bitcoin!!! Phew!

Hockey stick!