Eric Putnam (@lakeffect45) header
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Joined April 2016
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A new exciting way to work with Claude.
Introducing Claude Tag, a new way for teams to work with Claude. In Slack, Claude joins as a team member with access to the channels and tools you choose. Tag Claude in and delegate tasks to it while you focus on other work.
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Like these suckers? Lol, Peter at what point do you rethink your position on all of this? What might they know that you haven't learned yet? nitter.gq/btc_archive/status/185…
Based on today's rise in #Bitcoin and the reversal in $MSTR, which sold another $3 billion in convertible debt to buy more Bitcoin, MSTR was likely today's big Bitcoin buyer. The game ends when MSTR runs out of suckers willing to lend it money and buy its overpriced shares.
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Supply and demand.
THE MOST IMPORTANT GRAPHIC EVER POSTED.
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For myself, I consider that the risk might be not owning any.
#Bitcoin explained simply: You work hard to make money. You trade a huge percentage of your one and only life for a paycheck. Meanwhile the government can double the money supply with a mouse-click. Here's the harsh reality: If you hold cash in a bank, you're having your time stolen as the government destroys your purchasing power. So your only choice is to invest in assets to avoid getting debased by the government. If you invest well, you can outpace inflation and live a better life. But what's the best way to invest that money for a better future? People use homes, stocks, bonds, and even art to save money. But they all have downsides. None of them were meant to be a vehicle for "savings" so they are all imperfect in their own way. - A house is stuck in one place, has maintenance and insurance costs, and usually requires taking out debt to "own". - There's an unlimited supply of government debt (bonds) and they lose purchasing power over time as government spending spirals out of control. - Businesses have limited life spans and tons of operational risk. They can also create equity from thin air. - Art isn't fungible. To sell it you need to find a buyer who wants your particular artwork AND is willing to pay your price. #Bitcoin is a new form of savings technology that solves the problem of how to store your wealth. It was engineered to be an ideal form of property to hold long term and increase your purchasing power over time. It's finite. It's backed by energy. It doesn't decay like a building. It can be bought and sold in tiny amounts. You can hold it for decades without any fees. It can be taken with you anywhere in the world. It isn't tied to the fate of any one country or industry. And it has been the best performing asset over the past decade+ Quite simply: People who have chosen #Bitcoin as their primary savings vehicle have experienced large gains in purchasing power consistently over time. And now it's at the very beginning stage of adoption by the largest asset managers in the world. Which means the risk-reward has never been better. The risk has been significantly reduced now that it has SEC approval and is being pushed into retirement portfolios of BlackRock and Fidelity clients. The reward of buying at the beginning of the new wave of capital that is just starting to arrive is obvious. In short, it's still early. And because Bitcoin is the best savings technology known to man, it will always be a great place to store profits from hard work. Bottom line: Life gets continually cheaper for Bitcoin holders, and more expensive for people who choose to store value in other assets. So choose your store your value wisely. Major asset performance since governments started wildly debasing currencies in 2020:
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Impactful statement as we start 2024.
I wonder what the world would look like if every man was expected (perhaps even required) to set a world record. To prove themselves or something of their creation the best at something as a baseline for respect and recognition as a man.
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Replying to @Vanguard_Group
Do you all remember that time when Vanguard, Citibank, Merill Lynch, and UBS wouldn’t let clients trade GME, AMC and BBBY ‘for their protection’? Yeah, me neither.
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Replying to @Vanguard_Group
@Vanguard_Group same. See ya later Vanguard! Bad move.
I have a retirement account with Vanguard. I called them and they said they will NOT be offering ANY of the Bitcoin ETFs. I’m working on transferring assets out of there and then I will close my Vanguard account. Terrible business decision by Vanguard. #Bitcoin
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What an absolute embarrassment @SECGov
We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation. Based on our investigation, the compromise was not due to any breach of X’s systems, but rather due to an unidentified individual obtaining control over a phone number associated with the @SECGov account through a third party. We can also confirm that the account did not have two-factor authentication enabled at the time the account was compromised. We encourage all users to enable this extra layer of security. More information and tips on how to keep your account secure can be found in our Help Center: help.x.com/en/safety-and-sec…
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🔥🔥🔥
There will be thousands of brilliant people who realize they were given over a decade to study this invention, and deploy capital at prices much lower than what they will be in 2024, prices offering a once in a century wealth/power transfer to the BOLD, the Brilliant, the Outliers (not DEGENS). Do not point your finger in disgust at me for being crazy, outlandish or risky, I have studied this field deeply and view #BTC as an amalgamation of TSLA, AMZ, MSFT, Goog, NVDA all wrapped into one, at a price 10 years ago, without the risk of "human error', stock dilutions, bank runs, malfeasance, credit risk and no time decay, NONE. During this adoption era, for those that doubled up here, you shall be studied and written about for decades in the future as great pioneers, stewards of freedom, life, liberty and will be rewarded heavily.........WAKE UP, GET OFF ZERO, GET IN THE GAME. "And don't be a little Bitch, otherwise #GFY.
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🔥🔥🔥
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🔥🔥🔥
Why did Scam Bankster-Fraud take directional bets on altcoins rather than simply run a riskless and highly profitable casino? Because he was NEVER as smart as crypto people thought he was. He just played the role well on TV, like Vitalik.
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🤦‍♂️
“Elon is trying to control how people think. That is our job”. 😂😂😂
Facts
Yesterday was a flagship day in corporate media. It was the day they were forced to explicitly state what has long been clear: they not only favor censorship but desperately crave and depend on it. Even if Musk doesn't buy Twitter, never forget what yesterday revealed.
🎯
If "environmentalists" had half a clue how Bitcoin works, they'd be spending their energy trying to increase Lightning adoption rather than pushing for PoS. Lightning places a big fat denominator under their "carbon emissions per transaction" calculations.
Bitcoin fixes this
I wouldn’t want to keep money in a bank that can’t access the SWIFT system. Once a bank can’t transfer or receive funds from other banks, its solvency can be at risk. If I were Russian, I would take my money out now. Bank runs could begin in Russia on Monday. #StandWithUkraine
LOL - hard to stop self custody.
The Ontario Superior Court of Justice asked self-custody wallet provider @nunchuk_io to disclose user information and freeze user’s bitcoin. This was the team’s response.
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OMG 🤣
I’m absolutely losing it 😂😂😂
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$nearidge let's go!
The 8-ball speaks: We’re giving away $1,000,000 in Bitcoin. RT this post with your $cashtag and make sure you’re following @cashapp to try to get some #Fortune4Days No purch nec. Void where proh. Ends 11/30. Rules: bit.ly/3CqpLjg
Replying to @elonmusk
@elonmusk Ol' bern is at it again 😂
Sen. Bernie Sanders: "It is not acceptable that the two wealthiest people in this country, Mr. Musk and Mr. Bezos, take control of our space efforts to return to the Moon, [...]This is not something for two billionaires to be directing."
This is what a mind being blown looks like 😂😂
#Bitcoin converts stranded power sources into monetary value. You can then transport that value anywhere in the world at the speed of light ⚡️ over the internet - and even over satellite. It’s true @JordanBPeterson 😉