mleonardi247
Michael Leonardi

Bitcoiner

Public Key

npub1x3yzp4dm6mx7mmwrtwhwqfx7ey9zn8uat8dy06rkdf6jh8rdmjwsq4t5gr

NIP-05 Address

Profile Code

nprofile1qqsrgjpq6kaadn0dahp4hthqyn0vjz3fn7w4nkj8apmx5aftn3kae8gpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsc2l5xp

Publishing to

relay.primal.net

Author Public Key

npub1x3yzp4dm6mx7mmwrtwhwqfx7ey9zn8uat8dy06rkdf6jh8rdmjwsq4t5gr

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Last Notes

2025-03-16 19:36:49 UTC

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💯…the proper frame of reference is the US Dollar is a sinking ship.
#Bitcoin is a super tanker that showed up willing to take on as many people as would like to get off the sinking ship.
Bitcoin didn’t break it, the US Dollar was broke when it got here.
https://m.primal.net/PiHu.png

2025-01-27 21:43:26 UTC

Fantastic short 5 min clip of @npub18p6…0k8k where he makes the observation that #Bitcoin is to saving whereas crypto is to gambling.
The comparison to sports gambling is spot on. Saving a little bit over time in Bitcoin via dollar cost averaging (DCA) is FAR superior to gambling on sports, memo coins or the next Defi utility token nonsense.
Please fellow humans, stay focused on the signal. Bitcoin only
Stay humble and stack sats.
https://www.youtube.com/watch?v=LQe1y1ZEUfc

2025-01-27 01:09:58 UTC

Blackrock requesting in-Kind redemption on its #Bitcoin ETF is another huge catalyst for #Bitcoin. Currently moving out of the ETF is cash and a taxable event. In-Kind would allow authorized participants to take position of the Bitcoin…mostly banks. Couple that with repeal of SAB 121 allowing banks to custody Bitcoin and you have FAR less friction which will attract more capital to #Bitcoin.
SELF CUSTODY is still preferred but this opens up options such as Bitcoin lending with low interest rates, LOC on ETFs, etc for those wanting it. This is BULLISH people.
https://cointelegraph.com/news/nasdaq-filing-asset-manager-blackrock-bitcoin-etf-in-kind-redemption

2025-01-27 00:54:11 UTC

Politics 🤢🤮 but it’s a reality and the recent ending of SAB 121 will be HUGE for #Bitcoin in 2025 as it will allow banks to custody.
Self custody #Bitcoin is preferred but banks being allowed to custody will be the gateway for people to gain exposure to #Bitcoin. Collateralized Bitcoin loans with reasonable interest rates will also be the result.
It will be interesting to watch.

2025-01-20 21:02:53 UTC

Free Ross Ulbrict DAY 1…NO EXCUSES!!! #freeross
#note19qp…na6z

2024-10-31 16:13:00 UTC

Happy #Bitcoin Whitepaper Day. Focus on the signal amount at the political noise…#Bitcoin is freedom.
https://m.primal.net/LoOF.jpg

2024-10-12 01:14:50 UTC

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Regarding the strength of the case made, agree to disagree. I e seen FAR stronger cases made for Hal Finney although I think neither is Satoshi. It’s a great documentary on other fronts. But to your point, my opinion is irrelevant. 🤝

2024-10-01 14:07:32 UTC

Remember, #Bitcoin >> Central Banks + Politics
https://m.primal.net/LHZQ.jpg

2024-10-01 13:43:38 UTC

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If you own #Bitcoin, you need to connect with the tax experts at @satoshipacioli . They understand account, tax and #Bitcoin. A RARE combination. 🫡

2024-09-30 01:23:23 UTC

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I feel his pain. The realization that taxes are paid on money you worked for BEFORE you and your family.

2024-09-30 01:08:20 UTC

Zimbabwe just devalued it currency massively overnight. Why should you care? The FED is doing the same thing in the US just slower and more nuanced.
Central banks are NOT to be trusted.
This is “Why #Bitcoin?”
https://www.bbc.com/news/articles/c8el4kgk98eo

2024-09-23 14:37:51 UTC

We have been gifted the discovery of digital sound money.
Is our species smart enough to embrace #Bitcoin or will we continue the same stupidity of papering over our problems with USD?
Perhaps it’s time to look into #Bitcoin. https://image.nostr.build/fe57d54473f946d19fa2ab0c2e4fd2463f9eb8801e6d679d6236da65576da13f.jpg

2024-08-16 05:38:22 UTC

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💯 agreed @npub1k7v…c04l . 👍🏾 simply stay humble, work hard and quietly stack sats while we can at this prices. Avoid leverage so you don’t get shaken out too soon.

2024-07-31 16:11:07 UTC

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@npub1cj8…rz4u absolutely nails it here. Campaign promises are so fiat. They need us more than we need them. Make them work for it. Great episode and worth watching the full version.

2024-07-28 21:13:39 UTC

Politicians are beginning to pay attention to #Bitcoin. 2 presidential candidates are talking TO us. I don't trust but verify AND I am not endorsing any of them, BUT the overton window has shifted and #Bitcoin 'ers are an attractive voting block. Let's make them work for our vote; shall we? Let them show us they have done their homework, understand our asset and take our requirements seriously. #Bitcoin 's game theory is playing.
We AIN'T "crypto"...we are #Bitcoin !!!
https://m.primal.net/JLsT.png

2024-07-22 15:57:55 UTC

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Agreed...NGU or cheap sats? That is the question. Trying to get my family and myself as much opportunity to stack as possible. I am just grateful to have found #Bitcoin, kept researching and didn't dismiss it when I had every incentive to do so.

2024-07-11 16:30:42 UTC

With all the noise, it can be easy to forget that #Bitcoin is a blessing. It's emergence has gifted us permissionless, stateless sound money. If you are reading this, you know about #Bitcoin which puts you in truly rare company. Be grateful...I am. https://m.primal.net/JNFD.png I am.

2024-07-08 03:34:23 UTC

Zoom out! #Bitcoin
https://m.primal.net/JKZN.mov

2024-07-08 02:21:27 UTC

Think #Bitcoin is overly complicated? Try understanding the US Dollar system. H/T to @River
https://m.primal.net/JKXW.jpg

2024-06-18 01:58:50 UTC

New to #Bitcoin and a bit overwhelmed? It is many things, but a useful start is thinking of #Bitcoin as savings technology. If you save in USD, it WILL loss money due to inflation. If you save in #Bitcoin and hold it, you will experience volatility BUT will likely VASTLY outperform inflation. Volatile savings technology (Bitcoin) is superior to guaranteed inflation losses (USD).
Forged in the fire of Fiat. https://m.primal.net/IolZ.png

2024-06-15 14:26:32 UTC

Once the US Dollar was no longer limited to the amount of Gold in the possession of the United States Treasury, it lost its limitation on its supply. Once that happened, we had to “trust” that the US Treasury and Federal Reserve Bank would not create too much additional money. This is ”Why #Bitcoin.”
https://m.primal.net/IlnT.png

2024-06-12 15:16:31 UTC

Saudi Arabia deciding to end the 50 year petrodollar agreement is a huge blow to US Dollar as the global reserve currency. This plus the continued debasement will further weaken USD. Perhaps it’s time to look into #Bitcoin
I believe the Saudis ditching the petrodollar system is MAJOR step away from USD fiat hegemony. I also believe the US can maintain its global leadership roll by fully embracing #Bitcoin. #Bitcoin mining defending cyberspace (see Jason Lowery) and stacking #Bitcoin in the US Treasury.
https://www.bizcommunity.com/article/saudi-arabias-petro-dollar-exit-a-global-finance-paradigm-shift-670911a

2024-06-10 17:33:25 UTC

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I am genuinely hopefully Nostr can be that platform. I think it can be. Only time will tell. I’ve decided to engage more here.

2024-06-10 14:21:43 UTC

Forged in the fire of fiat monetary debasement. #Bitcoin https://m.primal.net/Ifhc.png

2024-02-18 21:08:07 UTC

Not planning to do this anytime soon BUT been looking into the current state of #Bitcoin lending. UnchainedCapital.com and Ledn.io are two very reputable companies in the space IMHO. As a HODLer these rates seem CRAZY high.
I am assuming that these lending rates are high to support degen-leverage trading. As I would be utilizing this more for working capital/liquidity type activities, it seems the current state of #Bitcoin lending is NOT meant for more positive use cases. Sincerely asking.
These loan terms were taken off their respective websites today, Feb 17th with a current #Bitcoin price about $51,200 as a point of reference. It is like getting a collateralized loan at WORSE than uncollateralized loans rates. Might as well just get a fiat bank loan; right? Am I looking at this wrong? Any and all comments are welcome.
https://m.primal.net/HdeR.jpg
https://m.primal.net/HdeS.jpg

2024-02-17 01:48:40 UTC

Jamie Dimon the CEO of Chase Bank is an "Authorized Participant" for BlackRock's Bitcoin ETF. According to him #Bitcoin's only use case is illicit activity. If Chase is associated with #Bitcoin as an AP and it is only for illicit activity then what does that Chase? By his definition it make Chase a money launderer by association. Can't have it both ways Jamie. Not impressed with him or Chase!
https://twitter.com/i/status/1758145839673864392

2024-02-09 05:35:32 UTC

This is HUGE for Hawaii! Finally Hawaii has opened up #Bitcoin for the Kama Aina (residence of Hawaii)! Until now, Hawaii was one rated one of the most restrictive states in the US. Companies can operate in the state without regulation per the Governor's office! Aloha!
https://governor.hawaii.gov/newsroom/dcca-release-hawaii-digital-currency-innovation-lab-to-conclude/