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The BTC thread: When you need some answers, love, advice, or friendship......come here.

Discussion in 'The Kruse Longevity Center' started by Jack Kruse, Jan 3, 2021.

  1. Jack Kruse

    Jack Kruse Administrator

    BITCOIN, come unto me, I hear you whispering, calling me, Buzzing, against my ears, through fibre optic, Borne on electromagnetic waves, You are sounding, calling, Through the ether, the internet, Consciousness arising, The future arising,
  2. ND Hauf

    ND Hauf Pleb

    I ask investment advisors at what point is it irresponsible and a violation of your fiduciary duty to not have exposure to BTC? Irresponsibly long exposure I typically add….

    my answer….yesterday

    With conviction Irresponsibly long quickly becomes RESPONSIBLY LONG.

    Get in the game Plebs
    JanSz, caroline and Sean Waters like this.
  3. ND Hauf

    ND Hauf Pleb

    The Savage Saylor at it again….

    JanSz likes this.
  4. ND Hauf

    ND Hauf Pleb

  5. Jack Kruse

    Jack Kruse Administrator

    Why are those in power worried right now? The Lightning Network is not just a cool concept, it's a mind-blowing reality. I use the Strike app to access it. You can now send an instant payment (not just micro, I've sent up to $1k) for virtually no fees to anyone on earth with a smartphone, without asking anyone for permission, completely outside the banking system. It is a tool that will help end this cultural war over money and power. Jefferson wrote: "I believe that banking institutions are more dangerous to our liberties than standing armies," "The issuing power of currency shall be taken from the banks and restored to the people, to whom it properly belongs." That is what Bitcoin does for you.
  6. Sean Waters

    Sean Waters New Member

    Johan Lindstrøm likes this.
  7. Jack Kruse

    Jack Kruse Administrator

    If any of your friends own altcoins you might want to let them in on this news: Lightning Network capacity has roughly tripled from 1k to 3k BTC year-to-date = the altcoin use case is going boom. When you know better you do better. Too bad some of my old pals don't.
  8. Sean Waters likes this.
  9. Butters

    Butters New Member

    The last podcast really made me think about that bitcoin stuff. Because I recently learned about the inflation, here in europe too AND the situation in germany I got interested.
    Its a huge topic, where should I begin when starting with bitcoin? What should I read. Which podcasts, blogs, external sources I should start with?
  10. JanSz

    JanSz Gold

    The Lightning Network
    Solar flares

    Please address this topic. @Jack Kruse

    The Electromagnetic Bomb - a Weapon of Electrical Mass Destruction


    Incoming ‘flurry’ of solar flares could shut down radio signals on Earth this week
    • 7:29 ET, May 24 2021
    Last edited: Oct 17, 2021 at 10:18 AM
  11. ND Hauf

    ND Hauf Pleb

    I’ve heard many rumors regarding Saylor….honestly can’t say either way.

    My early impression of Saylor when he first got in the game was CEO CEO CEO. Nothing bad….simply keeping his company safe and advocating for his balance sheet decisions.

    Microstrategy’s operating agreement is accessible if you know where to look.

    At this point it’s all simply white noise to me. Six to eight years ago I thought differently. BTC has crossed some thresholds and checked most of the speculation boxes for me. The network is strong and getting stronger.

    One thing I know with certainty is Bitcoin doesn’t give a shit.
  12. https://forum.jackkruse.com/index.php?threads/bitcoin-ownership-how-to-why-and-where.26523/
    But in Europe you can not use Swan. There is a lot of good information about bitcoin at Swan. I have been buying through kraken.com. You will find lots of information here on the forum. Keep asking, and maybe some of us will answer :)

  13. Jack Kruse

    Jack Kruse Administrator

    The gap btw 5- & 30-year yields shrunk to as little as 84.5 bps, raising concerns over growth slowdown. Spread lowest since 4/20 when pandemic fears brought global economy to a near shutdown. 5-yr yields were up ~5 bps to ~1.18%, while 30-yr was little changed at 2.05%
  14. Jack Kruse

    Jack Kruse Administrator

    Read every blog in the BTC series on patreon.
  15. Sean Waters

    Sean Waters New Member

    especially BTC #29
    Johan Lindstrøm likes this.
  16. JanSz

    JanSz Gold

    Last edited: Oct 19, 2021 at 3:14 PM
    ND Hauf and Sean Waters like this.
  17. Sean Waters

    Sean Waters New Member

    Back in business..... (but we were never out.)
  18. Jack Kruse

    Jack Kruse Administrator

    For your ignorant friends pushing you to buy real estate now over Bitcoin, cut them from your circle of six. Everyone keeps complaining about exploding real estate prices. I’m not sure what they’re talking about.
    Last year, the average US house cost about 39 Bitcoin. Today it’s only 6.5 Bitcoin. Next year, my guess is it will be about 2 Bitcoin. Sounds like deflation to me! Your friend think real estate is a good deal because they visualize the world via fiat lenses
  19. JanSz

    JanSz Gold

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