#Bitcoin maximalist. #Pleb https://xitter.cf/t.co/X3BaCdYbEA https://xitter.cf/t.co/dgLNSvMGTy Nostr: #npub1m26flc5r6mlfvtktwv7vauagdmdrche4u2k4yd6w3lmqsjlfa7wqaterdu
Joined July 2008
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- Following2.3K
- Followers4.5K
- Likes52.6K
Pinned Tweet
I created a bitcoin withdrawal calculator similar to FIRE for traditional finance but for bitcoin with different CAGR return models and withdrawal models.
bitcoincompounding.com
@VailshireCap you might find it useful
Hornet Hodl retweeted
There’s a tired argument that never seems to die:
“Toxic Bitcoin maximalism is hurting Bitcoin.”
But they’ve misunderstood something fundamental.
Toxic Bitcoin maximalism is a biological necessity. Let me explain.
A 🧵👇
Hornet Hodl retweeted
First signpost: DOGE failed to reduce the deficit.
Second signpost: Pushing for SLR changes to boost demand for Treasuries from domestic banks.
Third signpost: Pushing for legislation to boost demand for Treasuries from stablecoin issuers.
Fourth signpost: New spending bill estimated to increase deficit by 33% by 2027.
Fifth signpost: Bessent: "We'll grow GDP faster than the debt to stabilize debt-to-GDP."
TL;DR: Keep spending. Pass new laws and tweak regs to suppress long-end yields. Boost nominal GDP (mostly via inflation). Debase the currency. Bondholders and cash savers lose in real terms.
Got Bitcoin?
Hornet Hodl retweeted
$MSTY Performance for 5/19/25:
Unrealized gain: +$179M
Realized daily gain: $0
Net Assets: $4.05B (+4% d/d)
Realized gain since 5/8: +$11.5M
MASSIVE $119M increase in unrealized gains today with the 6/20 390 Call (+$61M) and 6/20 390 Put (+$52M) leading the way.
Model 👇
Hornet Hodl retweeted
I actually think there is far less daylight between the two sides of this debate than people realise.
I'd wager, the majority of Bitcoiners:
- Believe Bitcoin is money, not a data warehouse
- Recognise that data is a necessary part of Bitcoin
- Know that JPEGs and tokens are scammy spam
- Know cat and mouse game of hiding data is endless
- Do not want Ethereum like properties _at all_
- Know that easy to run nodes is essential
- Know UTXO set bloat is a problem
- Would rather not store arb-data on their disk
- Would support ideas that clean those two points up
- Everyone has a right to their own mempool policy
- Recognise that Core defaults are going to dominate
- Probably view Cores decision as poorly handled
- Recognise that Core is still a critical pillar of Bitcoin
- Can move to Knots, or change settings if they choose
- Know miners are profit motivated entities
- Know filters probably won't stop spam getting to miners as a result
- Know spam will therefore never be fully scrubbed from the mempool nor blockchain
- Acknowledge that scaling likely happens in layers
- Realise that anchoring data is one way said layers will try to build their tech
- Acknowledge that barriers and constraints just become engineering challenges to be solved / skirted around.
- Knows that despite all of this, the only way we can truly fuck Bitcoin up, is by making rash decisions that messes around with the code before we reach consensus (noting that indecision is also a decision).
- Is aware that there is a MASSIVE difference between consensus changes (which none of this is), and mempool policy (which this debate largely is)
I'm sure there are some bullets which folks won't agree with, but I think a lot of people on both sides actually see most things fairly similarly. A lot of it is common sense once you wrap your head around how the Bitcoin network works.
I'd say the number of people who want to turn Bitcoin into a shitcoin casino are outnumbered 99 to 1, and are not even close to a meaningful minority, let alone a majority.
Bitcoin is money.
Hornet Hodl retweeted
1/11
Before launching Bitcoin on 8 Jan 2009 Satoshi had an early version coded.
Known as the November 2008 Version.
Different block time, reward, difficulty adjustment, and more.
Here are the 10 changes he made to what became Bitcoin as we know it today.
🧵Thread👇
I keep seeing people argue for buying MSTY for the dividend and selling right after, so I wanted to research the performance after each dividend date. Here's the results
Avg $ amount decline on x-date: -$1.93
Avg decline on x-date as a percentage of the dividend: -85%
Avg MSTY decline on x-date: -6.96%
Also, I wanted to see how long it takes MSTY to recover to the close price before x-date before the drop. So I created a script to calculate that
Out of 13 dividends to date, it recovered only 7 times before the next dividend. As you can see in the picture, the average number of days to recover (for the 7 times it did) is ~6 days after.
So not sure how good of a strategy it is to try and sell MSTY after dividend, seems like you lose 85% of the dividend on average and half the time it never recovers so you're selling and losing lots of the dividend.
Hornet Hodl retweeted
My ideal list of attendees for "White House Digital Asset Summit"
cc
1. @saylor
2.@saifedean
3.@BitcoinPierre
4.@adam3us
5.@real_vijay
6.@bitstein
7. @dhruvbansal
8.@Excellion
9.@paoloardoino
10.@stephanlivera
11.@PrestonPysh
12.@SimonDixonTwitt
13.@nvk
14.Matt Odell
15.@dylanleclair
16 @billfour
17.@willreeves
18. @jespow
19.@natbrunell
20.@jack
21.@jackmallers
22. @JeffBooth
Peter's account has been hacked. No other explanation for me liking a post of him that mentions bitcoin
I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?
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Hear me out
When playing 4D chess, if you want your government and country to acquire bitcoin strategically but don't want your enemies to do the same or to make it seem like it's replacing the USD or Bonds as a reserve asset...you include other "digital assets" so you can pretend it's just putting money on a new asset class.
Is that Trump's master plan?
No of course not you retard. He's a shitcoiner with no idea what's going on while getting money from shitcoiners too and enriching himself in the process.
But that doesn't mean it won't end up with the intended 4D chess outcome described above. Maybe some people in his circle understand all that, maybe
You think making a post naming specific shitcoins by name and not mentioning bitcoin at all is normal annon?
Of course not, it's 4D chess to muddy the intent of the long term plans so they can buy bitcoin without looking like bitcoin is unique at all.
Bitcoin will be fine, if the tradeoff is pumping some shitcoins in the process in the short term that's fine to get to the goal of actually passing a Strategic Reserve bill in congress. So you don't have to explain to those people why bitcoin only and "picking winners and losers" and the shitcoiners money and lobbying actually help you in passing a bill which will probably means buying stuff MCap weighted and bitcoin will be 80%+ of it.
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This coming wave of shitcoins and meme coins is going to be even worse. Talk to your kids and stupid adult with kids (I believe in Santa) brain about why bitcoin only is the right choice
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Visa and Mastercard and PayPal and Venmo all so the same thing, fast payments. And guess what? They don't each have their own shitcoin you need to use for the technology to work. Bitcoiners are not against technology, we're against useless shitcoins only used to dump on you morons.
Shitcoiners never understand simple economics shit like this 🤦🏻♂️
@Meditation_Man can you explain this to this clown in spaces. Introducing shitcoins to the tech stack is worthless
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This was all planned people. Yes this tweet is real and still up.
He was always a fake maxi to get a huge following (he always cared too much about followers) to be able to do this
@WayneVaughan @darkside2030 @Doomdayclock @JoeCarlasare
Hornet Hodl retweeted
Emergency Press Conference: Ripple is undermining American prosperity, freedom, and Bitcoin.
Ripple is actively lobbying to stop a Bitcoin Strategic Reserve in the U.S. while pushing their centralized, corporate-controlled token.
We will not stand for it.
Hornet Hodl retweeted
🚨 Call to Action: Protect America 🚨
Ripple is lobbying against a U.S. Bitcoin Strategic Reserve while pushing their centralized token, XRP.
👉 Take Action: Call your U.S. Senators and demand an investigation into Ripple’s lobbying efforts.
📞 How to Call: Dial the U.S. Senate Switchboard at (202) 224-3121. Ask to be connected to your senator.
🗣️ What to Say:
“Hello, my name is [Your Name], and I’m a constituent from [Your City, State]. I’m concerned about reports that Ripple Labs is lobbying against a Bitcoin Strategic Reserve while promoting their own centralized token. I urge Senator [Name] to investigate this to protect our nation from undue corporate influence. Thank you.”
Let’s stand up for Bitcoin and financial independence! 💪