Parker Lewis
@parkeralewis
Author - Gradually, Then Suddenly, available exclusively for sale at Head of Business Development at working on #bitcoin# payments.
311 Following 80.8K Followers
@DanielP11959761 Bitcoin good, bitcoin with company good, buy equity in company that just buys bitcoin instead of you in double tax structure at a premium to NAV, not good for you.
Herds are down, broken economics. Flood the market! Today, I bought a full cow directly from a local rancher. Go shake your rancher's hand. Lot of fragility in the food system. Sometimes paying bottom dollar, you get what you paid for. I paid in bitcoin. Value for value.
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Steak n Shake is registering its best quarter ever in same-store sales performance.
The savings achieved by accepting Bitcoin payments, along with improving the quality of our products using traditional ingredients and methods of cooking, have been game-changing.
We are creating a new space in fast food: premium-quality burgers, fries, and shakes at reasonable prices.
The power law of Bitcoin cannot be underestimated. Thank you Bitcoiners! 🧡
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Strawman of strawmans to get you to buy corporate stock rather than bitcoin. The only one I would ascribe to is that bitcoin must become everyday currency (in the end) or it fails. The logic: it is technologically capable. If it doesn't, it was by legal ban & too centralized.
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In Birmingham, Alabama for an event today. Walking around the city this morning before things start and taking in the architecture. A ton great old buildings.
Stumbled into a random coffee shop and paid in bitcoin. The @Square UX flow was flawless.
Not a bad Monday so far.
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The Fed put is on the debt system and the escape valve (and cost) is the currency itself, as Cory says. Eventually it fails altogether.
THE "FED PUT" ISN’T A CONSPIRACY.
IT’S MATH.
The Fed doesn’t really have a put under the stock market.
It has one under the debt system.
And once you understand why, you understand a lot more about where the dollar is headed, and why many choose to store value in hard assets.
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Japan was always the exception used to justify runaway debt. 200%+ debt/GDP and no formal default.
Now the US is helping defend the yen while Treasury expands buybacks for “liquidity support”. Turns out, we’re starting to look a lot more like Japan...
Study Japan. Buy Bitcoin.
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₿uilt the conference I actually wanted to go to 💪
Four days at the Fontainebleau in Miami Beach. Tickets are live! 🥳
This is just about to start now if you want to join.
Joining Cafe Bitcoin with Cory and Brady at 9am CT. Look forward to it.
It was an absolute pleasure sitting down with Chase Koch to discuss the management principles that have made Koch Inc. on of the most valuable private companies in the world.
Applying free market Austrian principles to business management is underappreciated. A must listen.
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“We’re just going to temporarily double the amount of treasuries we’re buying back.”
The podcast for today's Café is up - search for Cafe Bitcoin in your podcast app.
@Bquittem and @NuclearBitcoinr on nuclear energy, SMRs, and Bitcoin mining.
Tomorrow with @parkeralewis. Set a reminder to get a notification when we start 👇
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design crit of @ZapriteApp P2P at the commons tomorrow!
Unpopular opinions:
1. I like bitcoin
2. Fiat currencies are a problem
3. Bitcoin treasury stocks should trade at a discount.
4. Digital credit is actually perpetual preferred equity.
5. Perpetual fixed $ equity claims are bad investments.
6. Never lend fiat forever.
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@Ys0Complicated @BitcoinPierre @RustinPeace_SB I would sell the stocks and buy bitcoin, that's all I'm saying.
Ribeye inflation index has a big print. New price $37.99/lb. 17% inflation annualized from October. 18.5% annualized since last June. 90% cumulative since 2020. 11.0% compounded annually over 6+ years. Same ribeye, same store. High rates? Don't care. Bitcoin is the only way out!
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