Dustin Scharping @Dscharpp
Oceanside, CA Joined October 2017-
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Influential figures from the past were savants gifted in a specific area Elon is what happens if you were to fuse the absolute best of each into one
Nobody warns you. That's the sick part. Nobody sits you down and says, hey, if you spend one weekend actually reading about money, you will lose the ability to enjoy anything for the rest of your life. Your brother-in-law just mentions it at a barbecue. That's how it starts. Some guy holding a hot dog says "you should look into Bitcoin" and you laugh at him. You laugh AT him. You make the tulip joke. You feel superior for eleven more days. Then it's 2:47 in the morning and you're on your fourth Saylor podcast and your wife thinks you're having an affair. And in a way, you are. You're cheating on your entire worldview. ou came in to debunk it. That's the trap. Everyone comes in to debunk it. You wanted to find the flaw, dunk on your brother-in-law, and go back to your Vanguard target date fund like a respectable adult. Instead you found out what happened in 1971 and now you can't make eye contact with your 401k. Because here's what actually happens. Bitcoin is cool and all, but you REALLY learn about the dollar. Bitcoin is fine, Bitcoin is twenty-one million and a schedule, you understand it in an afternoon. The dollar takes months, because every time you think you've hit the bottom of that thing there's a trapdoor. The Fed just... prints it? And they gave how much to the banks in 2008? And the banks did WHAT with it? And the guy who ran that got a MEDAL? You're up at 4am reading about the Cantillon effect like it's your kid's toxicology report. Then comes the phase where you're insufferable. Everyone goes through it, nobody admits it. You ruin Thanksgiving. You genuinely ruin it. Your aunt says turkey prices are crazy this year and you see your opening like a lion seeing a wounded gazelle. Forty-five minutes later you're drawing the M2 money supply on a napkin and your mother is crying and your uncle is saying "it's not backed by anything" for the ninth time while his pension is backed by the promises of a government that's thirty-seven trillion in debt. He's worried about YOUR risk profile. He has unit bias so bad he'd rather own a whole Shiba Inu coin than a fraction of the hardest asset ever created, because his brain, poisoned by seventy years of fiat, thinks "whole thing cheap" beats "piece of thing good." And the prices. God, the prices. You can't turn it off. You're in the grocery store repricing eggs in sats. The eggs are getting cheaper in sats. Everything is getting cheaper in sats except your will to explain that to anyone. You look at a house and you don't see a house, you see the number of Bitcoin it costs, and that number falling forever, and you realize the housing crisis is a measuring stick crisis, and you say this out loud at a dinner party, once, and now you're not invited to dinner parties. Then the anger burns off and something worse arrives. Clarity. You realize nobody is coming to fix this. The people in charge KNOW. That's the part that breaks you. They're not stupid, they're incentivized. The debt can't be paid, only inflated, and every serious person in a suit on television knows it, and their plan is to be dead before the invoice arrives. So you buy. Coinbase, first time, hands shaking like you're doing something illegal, and the fee annoys you, and that annoyance is the last normal financial emotion you will ever feel. You set up the DCA. You learn what a hardware wallet is. You write twelve words on steel like a doomsday prepper, because that's what you are now, except your bunker is math. And then the loneliness. Nobody tells you about the loneliness. You've seen it. You can't unsee it. And you're surrounded by people you love who are working forty years to fill a bathtub with the drain open, and when you point at the drain they get mad at YOU. So you stop pointing. You just stack quietly, in the dark, waiting for the day one of them comes to you, at a barbecue, holding a hot dog, and says the words. "Hey... you were into Bitcoin, right?" And you smile. Because it's their turn in the barrel. Welcome. Nobody warned me either.
Tucker Kraft told me to succeed, so I'm going to succeed
Top 10 Public Bitcoin Treasury Companies 1. @Strategy - 845,256 2. @twentyone - 43,514 3. @Metaplanet - 40,177 4.@MARA - 35,303 5. Bitcoin Standard Treasury Co - 30,021 6. @Bullish - 24,300 7. @Strive - 19,032 8.@SpaceX - 18,712 9. @coinbase - 16,492 10. @RiotPlatforms - 15,680
So… we’re expected to believe that in California, out of three candidates, the third place candidate, who conceded her campaign because she was mathematically eliminated from the run-off, suddenly received tens of thousands of votes from mail-in votes which all came in *after* Election Day, while the other two candidates received no late mail-in votes, and the second place candidate (who was surging as a Republican candidate in the bluest state in the country) is now in third place and mathematically eliminated from the run-off. … and we’re supposed to trust that this is an honest and true election. If you’re not angry about this, you need to be.
"Bitcoin isn't backed by anything." Let me stop you right there. Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics. The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting. Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof. The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee. There's just math. Cold, indifferent, and immune to political theater. The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day. Now let's talk about what is backed by nothing. The dollar. It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing. In the same people who can't pass an audit. Who fund wars with a credit card. Who promise solvency while sitting on $39 trillion in debt and accelerating. "Backed by nothing" isn't an attack on Bitcoin. It's a confession about the dollar. Follow if you're serious about building wealth they can't print away.
people aren’t celebrating this pancreatic cancer breakthrough enough. it should be international news
One of the most amazing things I’ve ever seen: a standing ovation for the full Daraxonrasib results I feel inspired and energised, to put it mildly — we have a targeted therapy for pancreatic cancer now, and nothing is undruggable anymore
NVIDIA CEO JENSEN HUANG REVEALED WHY BITCOIN IS THE FUTURE: “BITCOIN IS TAKING EXCESS ENERGY AND STORING IT AS A NEW CURRENCY.” “YOU CAN TAKE IT WHEREVER YOU’D LIKE — TRANSPORTING IT EVERYWHERE.”
FAANG was the Internet era. MAGNA MOBSTA is the AI era's Innermost Loop: Microsoft Apple Google Nvidia Amazon Meta OpenAI Broadcom SpaceX Tesla Anthropic The 11 companies closest to the recursive core of compute, AI, chips, cloud, devices, autonomy, and space. Needs an ETF ticker.
The moment you've all been waiting for
For anyone who watched the "Finding Satoshi" movie. It was the best-made documentary and most credible theory to date on the subject. I watched it twice. My thoughts: Opsec and anonymity infrastructure - Len 95% Wrote the Bitcoin code - Finney 90% Writing of the whitepaper - Len 90% Ran early network and mining - Finney 90% Public "Satoshi" voice - Len 90% The ideas in the whitepaper - Jointly designed Economic mechanism design - Jointly designed Disappearance decision - Jointly designed Decided not to move the coins - Jointly, both clearly not money-driven We are ALL Satoshi. These two men were GREAT men and legends.
My coworker and I were talking about capitalism, and he said, “The Earth is a resort for like 500 rich people, and the rest of us are just the staff.” Now I can’t unsee it.
Read these three and you will see what I see in Bitcoin. Part I: wealthsystems.ai/p/the-unstoppa… Part II: wealthsystems.ai/p/unstoppable-… Part III: wealthsystems.ai/p/unstoppable-…
We basically have to print money in order to pay interest on money that we’ve already printed And people want to say that a decentralized, finite, and censorship resistant protocol that does an entire audit of itself every 10 minutes is the scam Can’t make this stuff up
FUN FACT: 13 years ago today, Bitcoin reached $100 for the first time.
The max one can pay into social security per year is $10,453.20. If you did that every year from age 18 until retirement, the max you’ll get from SS is $4,873 /month. If you put it into an S&P index fund instead, you would receive $32,583 per month. Social Security is a scam.
#Bitcoin was over 30 years of work.
Shawn Ryan says Trump betrayed the MAHA movement by backing immunity for pesticide companies. “Did you see the glyphosate stuff?” “Immunity.” “Because of what? A national security issue?” “Do you know how many people died of cancer last year? 618,000.” “That’s somehow not a national security concern.” “You know where the highest concentration of glyphosate is? It’s in Iowa.” “Do you know where the highest concentration of cancer is? It’s in Iowa.” “And he just gave them (pesticide companies) immunity.” @joekent16jan19 @ShawnRyan762
I have a secret to share After your first $2–$3 million, a paid off home and a good car, there is no difference in quality of life between you and Jeff Bezos. Both of you have limited amount of time on earth; you have twice if not more than Jeff, so you are richer than him. A cheeseburger is a cheeseburger whether a billionaire eats or you do. Money is nothing but a piece of paper or a number in your app. Real life is outdoors. Become financially independent; that’s usually 2–3mil. Have good food. Enjoy the relations. Workout. Sleep well. Call your parents. That’s all there is to life. Greed has no end. Repeat after me: Time is the currency of life. Money is not. Sooner you figure this out, happier you will be.
I spent 7+ years studying money full time to understand how the financial system was designed to keep you poor forever. Here are the top 10 brutal truths no one will ever teach you (THREAD): 1. Every dollar is your life compressed into a token.
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