dremann πŸ”‘πŸ¦‘ (@dremannBTC) header
dremann πŸ”‘πŸ¦‘ (@dremannBTC) profile picture

Unfuckwithable money advocate since going β¬‡οΈπŸ‡β­•οΈ This time it’s unironically different.

Joined June 2011
Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)Photo by dremann πŸ”‘πŸ¦‘ (@dremannBTC)
Simple but great point on the relationship between trust minimization and social scalability of a protocol as Bitcoin. Read your Szabo, kids.
Replying to @Ragnarly
It had trust minimization in the protocol even though the small community in 2010 probably could have trusted each other. Such protocol is what made it socially scalable, not that community. A village-sized trusting community in 2010 won't grow into a much bigger such community.
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Bitcoin
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Replying to @RealJimChanos
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The Dave Ramsey mind virus has a lot of casualties 😡
Selling *all* your bitcoin to do anything is basically never the answer. I giga cringe when someone boasts about exiting completely to get rid of one liability. Completely unnecessary binary thinking. β€œThAnKs to bItCOiN, I’m dEbT fReE!” Brother in Christ, you’re Bitcoin free πŸ€¦β€β™‚οΈ
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The mNAV will expand until morale degrades.
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Replying to @BitPaine @Ndub1234
Not taking risks is the biggest risk one can take.
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"Mine, baby, mine!" β›οΈπŸŸ 
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Successive 10:1 are the way to do this. Human brains will be able to easily calculate through splits, the risk of oversplitting is lower, and the split becomes a marketing event for NGU, somewhat like the halving with #Bitcoin.
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πŸ‘οΈGeorge Orwell's predictions are coming true... Today, on the 75th anniversary of the genre-defining book 1984, we dive into five of Orwell's 1984 predictions that are coming true. WATCH‡️
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I have fiat debt and own $MSTR call options $MSTR is a levered #Bitcoin play $MSTR calls is a levered $MSTR play.. debt-financed (levered). Tripple-levered in this hoe.. 🧑
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DISCLAIMERS: βœ… I have larger positions in both $BTC and $MSTR common stock βœ… Calls are mostly long-dated/LEAPS βœ… Debt is long-term with payments easily covered by fiat mining cash flows βœ… No economic dependants Stay solvent homies, only lever up responsibly 🫑
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More than 3 years onwards, after a slight detour, eyes remain firmly on the price πŸ‘€ $MSTR ATH
New 20-year high for $MSTR. If and when this chart breaks its all-time high a touch north of $3k, it will be the single most glorious stock chart in history.
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Our friend @saylor is back with an important reminder πŸ”₯ β€˜Don’t Sell The Bitcoin’ - Bitcoin Wav Edit #Bitcoin
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Bitcoin has failed to become a global decentralised digital currency, instead falling victim to fraud and manipulation. The recent approval of an ETF doesn’t change the fact that Bitcoin is costly, slow and inconvenient, argues #TheECBBlog ecb.europa.eu/press/blog/dat…
Readers added context they thought people might want to know
Chainalysis found that only 0.34% of the transaction volume with cryptocurrencies in 2023 was attributable to criminal activity. Bitcoin's share of this is significantly lower with 25%. Illicit transactions with Euros accounted for 1% of the EU's GDP or €110 billion in 2010. chainalysis.com/blog/2024-cryp… transparency.eu/priority/finan…
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Welcome to Covenants 101, with a focus on CTV. What are they? Is this an attack on bitcoin? Can the government lock up all our coins? Without an accurate mental model of what's actually going on, it's hard to reason on what they can and can't do. So let's walk through it. πŸ“©πŸ‘‡
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Please SIGN THIS PETITION for the immediate pardon and release of Julian Assange, the publisher and activist who founded WikiLeaks and is now in jail facing life imprisonment and extradition. He’s a heroic whistleblower who stood up for democracy and against the surveillance state. It’s time we stood up for Julian Assange the way he stood up for us. If you agree, sign this petition now to pardon Julian Assange: ➑️ kennedy24.com/assange
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The bank runs will continue until the money improves. #Bitcoin
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Replying to @ryQuant
Once $MSTR re-captures ATH it will have to be the most insane round-trip in all of documented financial history. I can't imagine any other company with a share price history that could match it in terms of magnitude of runup, drawdown and its length (25 years+).
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Epstein didn't bank himself...
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