Does anyone have any experience with Lava Bitcoin lending? Strike, LEDN, and the other big guys don’t serve my state.

I’ve seen some discontent about Lava changing from DLCs to a custodial setup without any warning. I also find it odd that Lava can offer Bitcoin loans in places where Strike and LEDN can’t, and at about half the interest rate of Strike and LEDN. Lava is really the only option I’ve found for my state, but I’m hesitant to use them with so much gray area.

Let me know if you have used them and how it went.

#bitcoin #btc

Being a parent teaches you things. Like the fact that 80% of the baby wipes you buy are used as intended, and 20% are removed from the package by your child at a completely unrealistic rate when you turn away for 20 seconds. 80-20 strikes again.

Peter Schiff shitting on #Bitcoin for “crashing” to prices that are 100x+ prices that he confidently and repeatedly assured the world it would never reach is somehow all at the same time:

Hilarious
Sad
Frustrating
Astounding
Interesting
Embarrassing
Nauseating
Confidence-Instilling

It’s amazing, really. I sincerely hope he’s around and healthy long enough to “sound the alarm” about Bitcoin crashing to 2x the market cap of gold and warning Bitcoiners to get out while they still can before it goes to zero.

Thanks for the cheap sats scaredy cats.

#Bitcoin is having a Black Friday sale too!

Alright people much smarter than me, tear it apart. Here is the last part of my Sunday afternoon ChatGPT conversation.


Prompt:
If such a quantum computer existed (capable of breaking bitcoin’s cryptography), what would be the most financially logical use case incentives? For example, if the computer were used to break bitcoin, bitcoin would likely lose most or all of its value causing the compute power to be effectively wasted. Wouldn’t incentives drive the use of quantum compute toward other uses? If so, what? If not, why?


Response:
That’s a very insightful and realistic question — you’re absolutely right to frame this in economic-incentive terms, not just technical ones.

Here’s a concise but rigorous breakdown of the logic:

⸻

1. Using a quantum computer to steal Bitcoin is economically irrational
• Bitcoin theft destroys its own value.
A visible quantum-based theft would shatter trust in Bitcoin’s security, likely collapsing its price to near zero — instantly devaluing the stolen coins.
• Traceability and public ledgers:
Bitcoin is pseudonymous, not anonymous. Any large-scale theft would be visible, traceable, and almost certainly frozen out of exchanges.
• Reputation and risk:
Anyone with such a unique quantum computer would almost certainly be a state or large institution — not some rogue actor able to launder billions undetected.

👉 Result: using it to steal Bitcoin is financially self-defeating.

⸻

2. Rational economic use: extract value without collapsing markets

If such a quantum computer existed, it would be the rarest and most valuable machine on Earth. Rational incentives would push toward quiet exploitation of high-value asymmetric information, not obvious destruction. For example:

a. Government or intelligence use:
• Break encrypted communications, espionage, cyberwarfare.
• Decrypt diplomatic, military, or corporate secrets — extremely high value, and can be kept secret.

b. Financial market edge:
• Quietly access encrypted financial data or communications for strategic trading or policy advantage.
• Potential to read competitors’ algorithms, internal memos, or market-moving data before release — huge private returns, no market crash.

c. Cryptanalytic services or deterrence:
• Use to demonstrate capability (nuclear-style deterrence), not deploy destructively.
• Sell or lease access covertly to select clients/governments.

d. Scientific/computational advantage:
• Use it for quantum chemistry, optimization, AI model training with quantum acceleration — massive industrial, pharmaceutical, and energy implications.

⸻

3. Why not just “print money”?
• Once public-key crypto falls, financial systems rapidly upgrade — you get a narrow, short-lived window to exploit.
• Exploiting too obviously triggers global system reconfiguration, diminishing future returns.
• The rational move is strategic restraint: use the power quietly to accumulate sustainable, compounding informational or scientific advantage.

⸻

4. Economic conclusion

If a quantum computer powerful enough to break Bitcoin existed:
• Rational actors wouldn’t use it for theft.
• They’d use it covertly to gain long-term informational, political, or scientific advantage.
• The true economic incentive would be asymmetric intelligence and influence, not direct, flashy profit — think “Manhattan Project for information.”

⸻

In short:

The first entity to build a quantum computer powerful enough to break Bitcoin wouldn’t use it to steal Bitcoin — they’d use it to quietly control the information economy before the world even realizes what’s happening.

Thanks for the cheap sats scaredy cats.

It’s pretty clear that the money will continue to be debased and inflated indefinitely, republicans will blame democrats for it, democrats will blame republicans for it, and inflation metrics and baskets of goods will change to make inflation artificially appear lower than it really is.

Until we stop fighting each other (like they want us to) and find a way to hold officials accountable for the damage they are doing to all of us - democrats and republicans - through our monetary system, we’re stuck in a loop fighting with each other while the politicians and officials get rich on the narratives they feed us.

How funny will it be when we look back and the dip to $100k was the Bitcoin bear market, especially after we waited so long and eagerly for it to cross above $100k?