John (@getwhatugive) header
John (@getwhatugive) profile picture

“We rise by lifting others.” ~ Robert Ingersoll

United States
Joined December 2009
Photo by John (@getwhatugive)Photo by John (@getwhatugive)Photo by John (@getwhatugive)Photo by John (@getwhatugive)Photo by John (@getwhatugive)Photo by John (@getwhatugive)Photo by John (@getwhatugive)Photo by John (@getwhatugive)Photo by John (@getwhatugive)Photo by John (@getwhatugive)
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The important thing is not to stop questioning. Curiosity has its own reason for existing. -- Albert Einstein
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Funny thing about today. The asset built for inflation sold off when inflation showed up.
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John retweeted
Bitcoin holders have swapped about $3.6 billion of directly held BTC into BlackRock's IBIT since in-kind creations were approved, says BlackRock digital assets head Robbie Mitchnick. He says the main driver is security concerns. They traded their keys for a ticker.
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“The greatest betrayal you can commit in your life is to betray your true self in order to become what others want you to be. » ~ Hermann Hesse
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"There are lies, damned lies and statistics." teapawt.org/charliebilello/status/…
Average US family health insurance premium... 1999: $6k 2002: $8k 2005: $11k 2008: $13k 2011: $15k 2014: $17k 2017: $19k 2020: $21k 2023: $24k 2026: $28k That's a 387% increase since 1999 (6.0% per year). (Note: US CPI inflation has increased 2.6%/year)
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The most absurd number in CPI? According to the US Government, the cost of health insurance has declined 35% over the last 4 years...
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If you want to find the secrets of the universe, think in terms of energy, frequency, and vibration. - Nikola Tesla
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The essence of the way is detachment. -Bodhidharma
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October mornings, written in gold 🍂
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“Any fool can know. The point is to understand.” - Albert Einstein
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Chasing quiet moments in the woods🌿
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Returning to this jam with Bob Dylan at Gordon Lightfoot’s house.
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Welp. Goldman expects “larger start-of-the-year price increases amidst ongoing cost pressures to boost inflation in January.” #CPI
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The miners-turned-sellers trend continues: MARA sells $1.1B of $BTC in 6 weeks to fund AI data centers "This may give us a hint, to some degree, as to why Bitcoin has been steadily selling off here for a little while." "Bitcoin miner Marathon sold 13,597 Bitcoin for $1.1 billion in 6 weeks. Plans to sell more. MARA paid off every loan backed by its Bitcoin and says the rest of its coin can fund AI data centers." "Marathon literally raised convertible debt just like Strategy to buy more Bitcoin, and have now completely reversed. They are sellers. They're closing out that debt, and they're using that money to fund AI data centers." "That's going to become even more compelling for them in a world where Democrats are likely to push back against AI data center development because these Bitcoin miners already exist." "I don't think this trend ends. And this is consistent selling pressure on Bitcoin." "Seems that MARA found a Bitcoin use case that the bank understands here, which is just to sell Bitcoin and pay back the bank."
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"Trump was told aboard Air Force One in May en route to China that the U.S. had obtained sensitive intelligence showing Nvidia’s chief executive was in a relationship with a woman believed to be a Chinese spy...The message was delivered by Marco Rubio." nytimes.com/2026/11/10/us/po…
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“Do not force the flower to open; become patient enough to watch it bloom.” - Lao Tzu
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US Consumer Prices are now 14% above where they would be had inflation actually averaged 2% since January 2020. The Fed should be hiking rates at every meeting until that gap is erased. Instead, it continues to tolerate the destruction of purchasing power while pretending its 2% inflation target still means something. A central bank that refuses to defend its own target has lost all credibility.
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🚨 UPDATE: Hyperscale Data sells its entire Bitcoin reserve, cashing out its final 211.56 $BTC for $16 million.
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