The first rule of Bull Runs, is WE DON'T TALK ABOUT BULL RUNS.

Tough week for maxis - their most hardcore footsoldiers defect to a doomed ultra orthodox faction, never to return - their most purist influencers exposed by shilling coldcard - another purist merchant payment service hacked - true believers get hacked for $150m Bad times

Pinging @jimbocoin for visibility and because S U P E R C Y C L E is around the corner, right?

The lesson from this is that we need to figure out how to eliminate single points of failure… Not what single point of failure bandwagon can we jump on next

This has been by far the worst bear market I've experienced since I got into the industry in 2016.

Just uploaded a pod with Jimbo, a very knowledgeable self custody "expert", where we discuss what happened with Cold Cards and pontificate on self custody moving forward. Please like, share, comment if you have questions: rumble.com/v7dl12e-cold-card…

I'm sorry guys we're not gonna get the world onboarded to self custody if the lesson you took from this is "you shoulda rolled dice"

I do believe we have entered the so called suddenly phase. What’s changed, well believe it or not, it’s not the ETF’s, or the options on top of them. It’s not the red wave, the Strategic Bitcoin Reserve, or the supposed nation state announcement happening at the Bitcoin Mena conference. All of that is insanely bullish and absolutely fuel on the fire. But we’re in the suddenly phase because of MicroStrategy. If you’ve been following $MSTR as closely as I and others in the MSTR True North community have this won’t be news to you, but I know many of my humble sat stacking pleb, freak, and dirtbag friends don’t realize that the MicroStrategy strategy has evolved and Saylor has pushed the pedal straight through the floorboard. The past 4 years he’s been building a flywheel, and now it’s finally spinning. If you want a full breakdown I can’t recommend listening to the @Saylor presentation during the most recent earnings call enough, he put all the cards on the table. Laid bare everything (and more) that the MSTR community had pieced together over the past months. I’ll try and keep it simple, but the 21/21 plan was the starting gun, it was the announcement that there were no longer any training wheels on and that the flywheel was spinning up. Since then the company has issued 7% of the weekly trading volume via ATM offerings each week. The more liquidity the stock is trading + the more the stock goes up = the more $ that 7% has gotten them = the larger their bitcoin purchases have been. Now this has only happened for two weeks so far, but this past week they were the most liquid stock in the entire stock market. We’ll find out likely on Monday or Tuesday if he’s made it 3 in a row. My guess is it’s highly likely and if so we’ll see a ~100,000 bitcoin buy probably announced on Monday morning. 70 billion funded from ATM sales and 30 billion from convertible debt. It could be 200,000 next week and 400,000 the week after that. Higher stock price = more liquidity = more ATM sales = more bitcoin = higher stock price = more liquidity….get it? There are not nearly enough bitcoin available below $100k to keep this up. Things are accelerating extremely rapidly. This supposed sell wall is an ant hill in the face of the kind of buying MSTR is doing. This is the main gist of the story but if you’d like to dive deeper there’s plenty more to it. Upcoming index inclusions (nitrous in the flywheels engine), convertible debt, other future debt instruments. It all points to an undeniable reality. MicroStrategy is now single handedly forcing the suddenly phase (aka hyperbitcoinization) to begin. Add on all of the other massively bullish catalysts on the horizon and it’s quite clear, DON’T SELL YOUR #BITCOIN! H/T @PunterJeff @Danny85732 @werkman @ryQuant @JoshMandell6 and the rest of the Irresponsibly Long MSTR crew!

if the US Strategic Bitcoin Reserve happens prepare for 7 figure bitcoin. this cycle. the market is skeptical on meaningful follow through for now, so that is not at all priced in.

JUST 1,127 DAYS TO BUILD THIS CUP & HANDLE S U P E R C Y C L E

I just got off another international call. I can confirm that Nation state FOMO is real. Super cycle is in play.

The reality of what we just pulled off is really starting to hit. I know we took a big chance by going all in, but it was the right call and I'm very thankful to the community for making the leap of faith. So many people contributed to this effort. Our coalition was comprised of bitcoiners from every political faction and walk of life, yet we united as single issue voters. As Bitcoiners. Thank you. I hope this is the last election in which Bitcoin and crypto are dominated by a singular political party... bitcoin is a tool available to any and all who wish to wield it. Democrats committed seppuku by going to war with our movement, and I hope they digest and appreciate that as they rebuild their party. It’s also incredible that we followed through for Ross Ulbricht. Ross will get to live his life, and his mother Lyn—who has spent the last decade fighting every single day for his release—will be reunited with her son. President Trump is fully committed to fulfilling his promise to Ross, and no matter what else happens, this victory alone makes all our efforts worthwhile. Lastly, it must be said that none of this could have happened without President Donald J. Trump. I could not be more impressed by his leadership, vision, openness, energy, and dedication to doing good for this country. I’m deeply grateful for the kindness and support he's shown our industry, and I believe we owe him our full effort in aiding his administration’s success. What comes next is the most exciting, most transformational period in Bitcoin history. We've unlocked the "Super Cycle" and when this era concludes Bitcoin will be the most systemically important, widely owned, political powerful, asset in the world. Enjoy the ride.

IF YOU DON'T KNOW WHAT A SUPER CYCLE IS, YOU'RE GOING TO FIND OUT REAL SOON.