I agree. I would love to host a "Hard Money, Hard Work" conference on my farm someday. Maybe the thought is that Vegas provides a fiat backdrop that makes the need for Bitcoin crystal clear?

I am really glad to hear that. And I have heard the same story from a few other people. For many other ranchers and livestock producers I talk to, and in our own experience here on the farm, the path from farm to table is too long and arduous for it to be done profitably. At least in our area. So the dilemma becomes that we can do it legally or we can do it profitably.

Great! We love shipping to nostriches.

I drive trucks two days a week as my off-the-farm job to keep things stable. While I drive the trucks, I listen to Mailbag Monday. I appreciate his macro takes and his ability to see the truth of so many different situations. But one thing he keeps saying rubs me the wrong way: it's a moral imperative for a company to be profitable—that profit means you're producing more value than you extract from the market. In a free market, he's right. But we don't have a free market in food. Four meatpackers control 85% of U.S. beef processing. Ranchers now take home less than 30 cents of every retail beef dollar. Since 2015, cattle prices have dropped while grocery prices have climbed. The processors in the middle are recording record profits. That's not value creation rewarded by a free market—that's extraction protected by a captured one. The rancher raising the best grassfed beef in the county often can't legally sell it. Federal law requires USDA inspection for retail meat sales, and there are only about 90 USDA slaughter facilities in the entire country. Some states have none. Custom-processed meat must be stamped "NOT FOR SALE." So the highest-value local beef either can't reach the consumer at all or gets funneled into commodity channels at undifferentiated commodity prices—prices set by the same four companies that control the market. In this system, profitability doesn't measure value. It measures compliance with the captured and extractive system. The ones most able to externalize their costs (on the land, on the animals, on the workers, on their families, etc.) are the most "profitable." The median American farm household earned negative $1,830 from farming in 2024. Negative. Ninety-six percent of farm households earn off-farm income to survive. Statistically, ALL OF THEM. The median farm family brings in $87,000 from off-farm jobs—not government handouts, but second and third jobs—to keep farming and feeding people. That's not a moral failing. That might be the most noble act in the American economy: someone who knows the math doesn't work, keeps feeding people anyway, and drives to town to work a second job to make it possible. They're not extracting from the market. They're subsidizing it—with their own labor, their own time, their own bodies. If profitability is a moral imperative, then we need a market worthy of the morality. #foodfreedom #farming #ranching #foodstr #farmstr

But we raise the flock on our land. Going on 12 years now of grain-free grass-fed holistic management.

Thank you! He is so excited. Much appreciated.

We do! Grill boxes and roast boxes. Available here for BTC or via fiat at www.bellandburrow.farm/farm-store with descriptions. Bell and Burrow is our partner.

Fixed it. Thanks for the heads up.

Congrats on making it to all 50 states. I'd love to provide our grass-fed lamb for your party. We're a 5th-gen family farm running on the Bitcoin standard using Strike.

I

My boy is playing hookey and Chuck Berry. I'm his first and biggest fan. #music #guitar 🎸🤟

My boy is participating in a charity fundraiser this weekend to feed at-risk kids in our region. He thought the #nostriches might enjoy seeing some of the newest riffs he's been working on in exchange for some zaps. Any zaps that come in from this post will be saved to his cold storage and I'll give him an equal amount of fiat in current USD rate for the fundraiser. So your zaps do double-duty! #neversell Would you be willing to help feed kids, support my boy's efforts, and help him learn #v4v? #fundraiser #electricguitar #music

GFM.

👀

Do you ever work with lambskin? Would you ever do wallets? I have sheepskins that are too small or torn that won't sell as rugs/throws. I'm looking to do something cool with them. Maybe for bitcoiners.

Made two infographics today about the squeeze of American farmers. Fun fact: 96% of American farm families have off-the-farm jobs to make up for farm loses. (per USDA) #farmstr #farming #fiat #agriculture #foodfreedom

Hey Tony, et al. I've started consulting with farmers on Bitcoin self-custody and financial sovereignty and I think there's a partnership opportunity. We can never be sovereign if we lose our means of food production—which is happening at a staggering rate due, in part, to the financial collapse of farms. I'd like Bitcoin to be part of the food sovereignty discussion. I'm tied to farms and food education centers all over the globe through my role as an accredited Savory Institute hub leader. https://savory.global/hubs/ I'd love to discuss developing a course with you explicitly for farmers and ranchers who already understand the need for sovereignty, but haven't yet discovered Bitcoin. We could potentially deploy it throughout the Savory global network.

Hey . Congrats and thank you. https://squareup.com/bitcoin