Bitcoin class of 19’. Bitcoin through the lens of an investor, options trader, macro and journalist. This is the only account.
Joined June 2021
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The Bitcoin Letter retweeted
BREAKING: Iran is now distributing iodine tablets to communities within a two to three kilometer radius of its sensitive nuclear facilities over fears of a US nuclear attack, a Health Ministry official confirms to The Times.
"Yes, we are distributing iodine. Trump can no longer be trusted. He may go through with this crime," the official said.
"Everyone knows that very little time remains. If America does not use a nuclear weapon against Pickaxe Mountain, it will be a miracle," an Iranian analyst with close ties to the IRGC said.
Senior figures across the government, the IRGC and the regular armed forces expect Pickaxe to be among the principal targets of the coming war.
Iraq activated nuclear emergency plans and border radiation monitoring yesterday.
The Bitcoin Letter retweeted
🇵🇾 Holy sh*t! Paraguayans are so furious with their members of Congress that one of them was DRAGGED AWAY while others threw sh*t at him!
A major banking crisis hit Paraguay after regulators seized Ueno Bank, freezing the accounts of millions of customers (~1 in 3 people in the country).
They're MAD as hell, but can you blame them??
Writer: Samuel
The Bitcoin Letter retweeted
Contagion spreading from Paraguay to Japan. Just as always, there is only one "solution": the issuer of the world reserve currency will backstop the collapse by printing more currency units.
Got Bitcoin?
#BREAKING: System outage hits Japanese credit unions halting ATM, deposit, withdrawal and transfer services.
First Paraguay. Now Japan.
You better get some Bitcoin.
🚨 128 BANKS ACROSS WESTERN JAPAN JUST WENT DARK AT THE SAME TIME.
Shinkin banks from Tokai west, all the way to Kyushu. A system failure on a Friday afternoon.
ATMs: OFF
Teller counters at 3,430 branches: OFF
Internet banking: OFF
Transfers to other banks: OFF
Fully unavailable. The money is still in the accounts. Customers can't get it out.
→ 27 banks hit in Kansai and Tokushima alone
→ ALL 8 in Fukuoka prefecture
→ Seto Shinkin cards blocked even at convenience-store ATMs
→ paper "SUSPENDED" signs stuck on ATMs in Osaka
Not a war. Not a bank run. No sign of a hack.
The suspected cause: broken communications equipment at the West Japan Center of ONE shared system that 236 shinkin banks run on.
One center failed. 128 of those 236 banks froze with it.
As of Friday evening in Japan, still NO time given for a fix.
3 days ago it was Paraguay. 3 million customers locked out of Ueno Bank, $380 million of the state pension fund stuck inside.
Now it's 128 banks in Japan.
The financial lockdown is getting BIGGER.
Paraguay got no warning. Japan got no warning. Follow me today, or you'll wish you had when your own bank's screen goes dark.
The Bitcoin Letter retweeted
🚨 128 BANKS ACROSS WESTERN JAPAN JUST WENT DARK AT THE SAME TIME.
Shinkin banks from Tokai west, all the way to Kyushu. A system failure on a Friday afternoon.
ATMs: OFF
Teller counters at 3,430 branches: OFF
Internet banking: OFF
Transfers to other banks: OFF
Fully unavailable. The money is still in the accounts. Customers can't get it out.
→ 27 banks hit in Kansai and Tokushima alone
→ ALL 8 in Fukuoka prefecture
→ Seto Shinkin cards blocked even at convenience-store ATMs
→ paper "SUSPENDED" signs stuck on ATMs in Osaka
Not a war. Not a bank run. No sign of a hack.
The suspected cause: broken communications equipment at the West Japan Center of ONE shared system that 236 shinkin banks run on.
One center failed. 128 of those 236 banks froze with it.
As of Friday evening in Japan, still NO time given for a fix.
3 days ago it was Paraguay. 3 million customers locked out of Ueno Bank, $380 million of the state pension fund stuck inside.
Now it's 128 banks in Japan.
The financial lockdown is getting BIGGER.
Paraguay got no warning. Japan got no warning. Follow me today, or you'll wish you had when your own bank's screen goes dark.
The Bitcoin Letter retweeted
LAST YEAR PARAGUAY'S CENTRAL BANK HELD A MEETING ABOUT ADOPTING #BITCOIN AND REJECTED THE IDEA
NOW THE COUNTRY'S LARGEST BANK COLLAPSED AND OVER HALF THE POPULATION CAN'T ACCESS THEIR MONEY
ENTIRE LIFE SAVINGS GONE IN A SECOND
THE FIAT SYSTEM FAILED THEM
BTC IS THEIR ONLY HOPE 🔥
The Bitcoin Letter retweeted
This is why we Bitcoin
Paraguay’s decision to shut down a digital bank used by nearly a third of its population has left people struggling to figure out how to pay for everything from rent and groceries to bus rides. bloomberg.com/news/articles/…
The Bitcoin Letter retweeted
3 million people in Paraguay just had their bank accounts and life savings VANISH.
The President of Paraguay abruptly resigned days after.
This is developing into the wildest banking collapse story this decade, and it is a WARNING for everyone in North America 🧵
The Bitcoin Letter retweeted
Calling this a "generational moment to buy" 17+ years into a secular bull market with the $QQQ's down only -13% from the all-time high they registered less than a month ago is exactly the kind of sensationalist click-bait that confirms why you should not take investing advice from podcasters who require you to click to get paid.
Do your own work and/or partner with serious investment professionals that can help you improve the quality of your research output and risk management signals.
Also, @Jason's post reads like @TheDemocrats are actually in charge. They are not. If there was one signal from Tuesday’s election and ballot results, it is that We the People are starting to claw back control of our democracy from the donor/Epstein class that @theallinpod, @DavidSacks, @chamath, and @friedberg support.
I’ve been saying for years, the ONLY path to a peaceful victory by We the People vs. the Tyranny of the Privileged Few is ditching the partisan tribalism that these people feed off of. Elites around the world have been using divide-and-conquer strategies to subjugate and extract resources from their citizenry for millennia.
We can fix this by voting purple. Purple = someone who is brave enough to repeat what I've been ranting about for months, most recently with our friend @natbrunell.
Jesus Christ and I love you,
—Skipper ❤️(R) +🩶(I) +💙(D) =💜(USA) 🇺🇸
Generational moment to buy...
Why? Let me explain, in under 60 seconds, the game on the field for Team Blue:
First, the democrats aren't as radical as the GOP painted them (just like MAGA isn't as bad as Dems painted them)
Second, the Democrats can't win long term if they kill the markets (aka the AI trade) with regulations, taxes and by vilifying the job creators.
It is critical that we support moderates in the Democratic Party like @RahmEmanuel and steer the rest of Team Blue toward being pro-capitalism, AKA pro-jobs and economic growth.
The last thing democrats want to be associated with is tanking people's 401ks and causing layoffs and a recession.
@RepJeffries understands this...
The Bitcoin Letter retweeted
BREAKING: Russia warns all its citizens to avoid traveling to Iran due to high risk of new escalation around Iran, per Russia's MFA.
The last time Russia issued such an advisory was on February 28, the day the war began.
The warning comes after an in-person meeting between Putin and Mohsen Rezaei, secretary of Iran's Supreme National Security Council.
The Bitcoin Letter retweeted
When we return next week, we’ll get 218 signatures for Epstein Files Transparency Act II, which guarantees a vote.
Survivors will be able to get their own records, State Attorneys General can prosecute crimes, and we can take the DOJ to court for keeping critical files hidden.⚖️
The Bitcoin Letter retweeted
MESSAGE TO THE NEW INCOMING DEMS: As a former Trump supporter and principled conservative myself, I hope you investigate the snot out of the corruption of the Trump administration, including insider trading, tariffs deals, crypto rug pulls, investment schemes, Middle East payoffs and more.
Subpoena the sh-t out of everyone involved. And send a message to all future administrations: Americans will not tolerate blatant corruption and pillaging of the national treasury to benefit the rich and powerful while throwing the hard-working American people under the bus.