spacestr

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Member since: 2022-12-24
MDB
MDB 8d

This is the nuance between the Japan (yen) and US economics, The yen has fallen to its weakest level in decades because US interest rates are much higher than Japan’s. To support the yen, Japan may need to sell some of its huge holdings of US Treasury bonds and use the dollars to buy yen. That is a problem for the US. Japan is the largest foreign holder of US debt, with about $1.2 trillion. If Japan starts selling Treasuries at scale, US bond yields could rise sharply, making borrowing more expensive across the economy. This is why the US just sold every euro to help the yen survive but this does not fix the main cause this large gap between US and Japanese interest rates is the "problem" for usd and this is why longer-term currency-debasement risk comes from the liquidity backstop and the willingness to protect bond markets from forced selling They will try every measure to save the yen because they have to and it only ends by devaluing the usd in the process and that is why i continue to buy high desirable scarcity assets like bitcoin

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MDB 11d

2020 changed human existence. Whether you believe it or not, it is true. First, COVID / Vaccines disrupted global health, mega super inflammatory worldwide phenomenon Second, it widened the wealth gap to levels never seen before. Third, social isolation reached an all-time high. Human connection was replaced by screens. Dopamine regulation deteriorated as people remained indoors, attached to hyper-addictive devices, endless scrolling, instant entertainment, and algorithmic stimulation. 1. Attention spans collapsed. 2. Anxiety, depression, loneliness, and distrust increased. 3. Everyone lost critical years of normal social development. 4. Governments expanded their authority. 5. Institutions lost credibility. 6. Society became more divided, more dependent, and less capable of agreeing on basic reality. And six years later, we still have not returned to normal. Six years. To return to normalcy, as strange as it sounds, people need a work routine, proof of work, sound money, and real time with family and close friends. Bitcoin can help restore some of this. But Bitcoin is not the ultimate answer. We are in 2026. Look at the Bitcoin community. Even sound money cannot repair a society that has forgotten how to work, connect, think independently, and live with purpose. 2020 changed the direction of humanity.

MDB
MDB 11d

I am betting heavily that we have reached the bottom of this Bitcoin cycle. And if not, we are extremely close. A lump sum here makes sense. DCA is perfect. Continuing to buy Bitcoin has rarely looked more compelling. It also makes sense that Saylor always buys near the top, then sells heavily near the bottom.

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MDB 11d

Lost a bit of my stack with the Coldcard, but that is the price of “don’t trust, verify.”

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MDB 12d

the bug entered the codebase in **March 2021**, with firmware v4.0.0. A single commit changed the code so that firmware silently bypassed the device's hardware random number generator for five years. So it sat dormant for ~5 years before the July 30 sweep. The mechanism is genuinely weird: the firmware had two functions with the same cryptographic signature — Coinkite's hardware RNG implementation and a software version carried over from MicroPython. A build-time check failed to activate, so devices fell back to the compromised software RNG, seeded by the processor's serial number and clock. That collapsed Mk3 seed entropy to roughly 40 effective bits — brute-forceable with specialized hardware, especially when candidates can be checked against on-chain addresses. As for discovery: Coinkite says it was unaware of the bug until the day of the sweep, prompting speculation that the attacker found it first using advanced code-review tools — possibly AI-assisted vulnerability hunting. Block published its analysis without full exploitability testing because exploitation was already underway. So the timeline is: bug introduced 2021 → discovered by attacker (not researchers) → ~$70M drained → then reverse-engineered publicly.

MDB
MDB 21d

WAYS PEOPLE EXIT BITCOIN 1) boredom 2) greed through forced leverage 3) lack of education 4) short-term thinking 5) volatility fatigue 6) social pressure 7) overtrading 8) yield chasing 9) custody errors 10) ego 11) life shocks 12) loss of conviction Don’t become the casualty.

MDB
MDB 28d

Nobody talks about how difficult boringness is. Doing the same work every day. Seeing no immediate reward. Getting no attention. Feeling like nothing is happening. That is where most people quit. Success rarely looks exciting while it is being built. It usually looks repetitive, lonely, and painfully boring.

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