BTC.
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Joined February 2021
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We live under the most intricate system of slavery ever devised.
My coworker's mother passed away last November.
She left her modest $190,000 house to him clear and free, no mortgage, completely paid off after thirty years of factory work.
He moved into the home in January to finally settle the estate.
Two weeks ago, a letter arrived from the state Medicaid estate recovery office.
Because his mother spent four months in a rehabilitation facility before she passed, the state quietly slapped a retroactive $114,000 lien against the property title.
He called the state health department, frantic, asking how a hospital stay could bankrupt an inherited home that had no mortgage balance.
The caseworker sighed and told him:
"Federal law requires state programs to claw back healthcare costs from deceased estates. The house cannot be sold or transferred until the balance is cleared in full."
He offered to pay a monthly settlement.
They said no. The full $114,000 is due in 60 days, or they foreclose on the property at a public auction.
A lifetime of working-class savings, wiped out overnight by a retroactive healthcare lien.
You don't own generational wealth.
You're just holding a property title until the state finds a legal mechanism to repossess it the moment you die.
We live in the most elaborate system of slavery.
Nation states will demonetize themselves.
Rachel Reeves set to sell £5bn in seized Bitcoin in bid to plug 'black hole'
gbnews.com/politics/rachel-r…
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It’s been almost exactly 4 years since Nassim Taleb released his devastating Bitcoin “take down” paper.
If you invested immediately after reading, you would be up 244% today, or ~35% CAGR.
These April fools jokes crack me up.
Look who else held up a headline from The Times…
That’s one to screenshot for a rainy day. We’re at the “sToRe Of VaLue 😂” point of the bear market. A classic of the genre.
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Peter will be a Bitcoin Maxi in our lifetime.
I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?
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Doing my taxes today, reminds me why we stack. You can’t win in this system. The sell-off was perfectly timed.
The SBR is the opposite of FUD. Instead of fear, uncertainty and doubt, it’s hope, optimism and promises (HOP).
I don’t say it won’t happen, but I think Bitcoin will grow from the bottom up, not the top down.
I’ve kept a lot of receipts from Bitcoin people who gave me hell over exposing Cynthia Lummis as a VC-funded politician and her preposterous “Strategic Bitcoin Reserve” legislation as cheap Washington crypto lobby grift.
Maybe I should do a comprehensive thread of receipts. 🤔
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Would be wild if the real Satoshi really wandered around wearing a t-shirt revealing his identity in giant letters.
This quoted post is unavailable.
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[Something...something]...game theory...[something...something]...playing out...
fortune.com/2025/02/11/strat…
