Joseph Ierano

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Might be the top tweet of the year.

Let me upgrade this tweet. I just did a financial documentary on it that got put in the can last week. Listen to the video below.  Learn about the test case of Banco Delta Asia of Macau. youtube.com/watch?v=AH6T6NNl… The Genius Act made Stable coin issuers s financial institutions under the Bank Secrecy Act of 1970 LEGALLY.  That Act was stimulated by Meyer Lansky's subpeona in 1969 I spoke about my Breedlove podcast.  Now stable coin issuers (Tether) are subject to Treasury's Special Measure Authority.  Any stablecoin issuer can be 311's like the Macou bank was in 2005.  The legal framework to confiscate your Bitcoin is being created in congress now.  This means the current or any future Treasury Secretary can 311 any stable coin issuer and shelve them within 30 days.  You might now understand why Tether is not based in the USA.  The Genius Act got the stable coin issuers, but the current Clarity Act in the Senate will make Defi programs, Wallet Addresses, and self custody Addresses subject to the section 311.  Saylor is helping them do this.  So is Adam Back.  So it Lutnick. Note what Bessent said about El Salvador.  Note where Tether is located today. We need the Clarity Act to Fail in the Senate and suitcoiners to die off. They are cancerous to Bitcoin. ​teapawt.org/DrJackKruse/status/207… Saylor has become a Fabian like John D. Rockefeller. History rarely repeats itself exactly. But sometimes it rhymes. A century ago, John D. Rockefeller built one of the most powerful companies the world had ever seen. Today, Michael Saylor is building something that may become just as influential, not in oil or pharma, but in Bitcoin. The similarities are becoming difficult to ignore. Both Saw the Future Before Everyone Else Rockefeller recognized that oil would become the foundation of the industrial economy. Rockefeller used the Standard oil break up to bankrupt America with BigHarma created from the break up companies. Saylor recognized that Bitcoin could become the foundation of the digital monetary economy. Saylor will be rewarded by the American government for destroying Bitcoin as money if this plan continues. Both made enormous, concentrated bets long before the broader public appreciated the opportunity. Both Believe Size Creates Strength Rockefeller relentlessly accumulated assets. Saylor relentlessly accumulates bitcoin. Every financing round, every preferred share issuance, every convertible note has essentially the same objective: Acquire more bitcoin and create more paper Bitcoin to supress price for Lutnick and Bessent. Critics often focus on the financing mechanics. Supporters focus on the end result: ownership of an increasingly scarce monetary asset. Both Preferred Massive Cash Reserves One lesser-known aspect of Rockefeller's strategy was his obsession with liquidity. He believed cash gave him optionality. During panics, when competitors were desperate, Rockefeller had the resources to buy assets cheaply while others were forced to sell. Saylor follows a surprisingly similar philosophy. He has now amassed a massive amount of idle cash liquidity to ensure that his preferred stocks get paid. In both cases, liquidity was not viewed as idle capital, it was viewed as strategic ammunition. ​ ​teapawt.org/DrJackKruse/status/207… Great Success Attracts Political Attention Rockefeller eventually became the target of the U.S. government's antitrust campaign. His dominance was seen by many as simply too great. In 1911, Standard Oil was broken apart after years of legal challenges. Could history rhyme? Might Bessent be building a system inside of Palantir to capture Saylor's Bitcoin by civil forfeiture? Might Saylor be playing ball with the US government in this game? If companies ultimately control millions of bitcoin, governments may eventually ask uncomfortable questions about concentration, market power, financial stability, or systemic importance. No one knows what future regulation will look like, except Lutnick, Bessent, and Congress,  but history suggests that extraordinary success often attracts extraordinary scrutiny. Enter Peter Thiel and the Clarity Act---->  teapawt.org/DrJackKruse/status/207… The Clarity Act is the financial version of the Patriot Act for surveillence and it will be weaponized soon by the American government to confiscate Bitcoin using CSAM by the DOJ and Treasury. Go listen to what Alex thorn of Galaxy Digital said on the Senate version of the Clarity Act in Jan of 2026. I dare you. Go listen to what Brian Armstrong said on the Clarity Act. Lutnick and Bessent are now targeting Bitcoiners. Saylor had to come out against BIP-110 as part of his deal with Lutnick and Bessent in my opinion, to keep his Bitcoin. Rest assured, the government will some day own all of Saylor and MSTRs Bitcoin like they did with Silk road. Bitcoin Is Different There is one enormous difference. Rockefeller controlled an operating company. Saylor does not control Bitcoin. At least not yet. He cannot change the supply. He cannot reverse transactions. He cannot dictate the consensus rules. At least not yet. Bitcoin's rules ultimately belong to the network that chooses to enforce them. Which Brings Us to BIP-110 One argument surrounding BIP-110 is that large bitcoin holders should have a greater voice in the network's future because they have the most economic stake. That idea deserves careful consideration. But history also raises another question. If Michael Saylor eventually becomes the Rockefeller of Bitcoin... Do we really want to hand major protocol decisions to the Bitcoin equivalent of Rockefeller? Even if you admire Saylor, and many people do, I do not, Bitcoin was designed to minimize the amount of trust placed in any individual. The system was intentionally built so that no king, no CEO, no government, and no billionaire could unilaterally determine its future. That principle may become even more important if Bitcoin succeeds beyond anyone's expectations. The Real Lesson Rockefeller changed the world by destroying decentralized medicine by putting PHARMA over PHYSICS Saylor may change it too but putting Digital gold over money narrative for the US government. The question is not whether great visionaries should exist. The question is whether Bitcoin should remain a system where even the greatest visionaries are ultimately constrained by consensus rather than authority. That may be Bitcoin's most important innovation of all. ​ HOW WILL THE CLARITY ACT BE USED BY LUTNICK? ​ THE SAME WAY THEY USED THE PATRIOT ACT IN 2001. ​ teapawt.org/DrJackKruse/status/207… ​ Just wait til American find out when they own Bitcoin they will need to live in El Salvador to avoid being 311'd. Saylor is helping put your cuffs on right now. ​ youtube.com/watch?v=KlkJNDPZ…

Another new podcast out today: youtube.com/watch?v=wJZ_B7lb… Convention and consensus will be the downfall of humanity. Do what you can for your yourself now; you will never persuade the majority who are low agency. No one has ever gone broke underestimating the intellectual capabilities of modern man. Intellectual yet idiot is a semi-erudite bureaucrat who thinks he is an erudite; "pathologizes" others for doing things he doesn't understand not realizing it is his understanding that may be limited. I've decided to cut most of them from my life in 2026. I believe your perspective on people comes from the cage you were held captive in. Wise folks understand there no facts, only interpretations. This is why one person's "crazy" is another person's reality. This makes intuition and insanity relative. It depends on "who" has "who" locked in 'what cage'.