Bitcoin Foundation, first exchange, first fall, prison, silence, reading, writing, losses, redemption, and blocks; still Bitcoin, still building, still me.
.@ErikVoorhees@ibaruchmiller and I selling #Bitcoin at a libertarian conference. This is where we met the famous @Mandrik who forced thousands of people to pay in Bitcoin for his food during the week campout.
Tariffs are not the story!
Since Trump took office in Jan 2025, the 10-year yield has dropped from 4.79% to 4.17%. Look how much it’s dropped today!
That 0.62% drop may not sound like much—until you realize the U.S. has $36.5 trillion in debt.
This is stealth refinancing on
If the president can get the 10 YR below 3.7% without a federal reserve cut or triggering a recession, economists will write books for decades.
The lower America’s long-term debt and annual interest payments, the lower the global cost of goods and services.
3.95%
I’m actually surprised more people don’t realize this: when the 10-year yield falls, it’s because people are buying U.S. government debt, not selling it. Increased demand drives prices up, which sends the yield down.
When the 10-year yield drops, borrowing costs across
If the president can get the 10 YR below 3.7% without a federal reserve cut or triggering a recession, economists will write books for decades.
The lower America’s long-term debt and annual interest payments, the lower the global cost of goods and services.
.@nayibbukele just confirmed El Salvador has purchased their first 200 #Bitcoins
The game theory that will play out as other countries begin to desire a path to economic independence will be the most important global phenomenon of the 21st century.
I'm just gonna say it.
I think the "FacebookCoin" is an attempt by big tech, banks and credit card companies to lure people away from #Bitcoin into their "better, easier, crypto", which is nothing more than a fiat coin being masqueraded as crypto.
Millions will be fooled.