mleonardi247
Michael Leonardi

💯…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

2024-10-16 22:37:52 UTC

If you are interested in a good #Bitcoin documentary to share with people, I’d suggest https://www.godblessbitcoin.com/
It’s free to watch and very well done. @npub1ahx…5ech as always make it very approachable. Worth watching and sharing. https://image.nostr.build/124ff8b115527b665739fbea2bb34f52f21ae6ad504e4222e1e047ad971b8486.jpg

2024-10-15 23:27:49 UTC

#Bitcoin is just money. Fiat currency is unjust money. Choose #Bitcoin

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. 🤝

2024-10-09 20:27:33 UTC

Bitcoin is the topic of a new documentary on HBO called Electric Money. It claims to reveal the true identity of the creator of #Bitcoin. Their conclusion is wrong. Satoshi is NOT Peter Todd (who is that?…doesn’t matter).
But what is most interesting is the timing of this documentary. We are likely entering a time of significant price appreciation for #Bitcoin with the FED easing, global liquidity rapidly increasing and this time of year post halving tends to be VERY good for #Bitcoin.
And who owns a massive stake in HBO? Blackrock…which also has the most successful ETF IN HISTORY; their #Bitcoin ETF. Plus Blackrock has been going on a massive campaign lately to promote the #Bitcoin. All these are tail winds for #Bitcoin. Stay humble and stack sats.

2024-10-09 12:51:48 UTC

Proof that the US is an empire in decline…they are selling scarce assets for US Dollars it can effectively print for free. Stay humble and stack sats. #Bitcoin
https://cointelegraph.com/news/supreme-court-wont-hear-silk-road-bitcoin-ownership-case

2024-10-07 03:30:28 UTC

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Regardless of which political side a person falls, this type of absolute power is very concerning. Nostr could be the answer.

2024-10-02 04:20:02 UTC

#Bitcoin dips are delicious and are a gift so enjoy because “printer is coming.” https://image.nostr.build/9fbbf818fc2551a3b154e45699cd9f75a7433e4eb47213c70701a303a3b3597e.jpg https://image.nostr.build/1eb7d911bf97dedf358bc7ccdf89b7ab4771d67e313244930deca9fa015c6d0a.jpg

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 02:53:03 UTC

#Bitcoin is speech and therefore protected by the First amendment. ICYMI, Ross Stevens of NYDIG expertly make this case in a recent paper. Worth your time to read!
https://nydig.com/research/bitcoins-protection-under-the-first-amendment

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

2024-09-19 01:46:40 UTC

50 basis point cut…this is the Fed trying to fix the problem THEY caused. 🤡 🌎. #Bitcoin is the only sincere solution. https://image.nostr.build/ff1193b02e700079dd74b14da706d092c7b9a5baa98d9fcbf61ef60b8be20c6f.jpg

2024-09-07 02:55:43 UTC

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At $53K, Sats are on SALE! Supplies are limited. Stay positive, stay humble and stack sats.

2024-09-04 18:17:22 UTC

The beauty of Bitcoin lies not only in its potential for incredible financial gains but also in its potential to uplift the unbanked and underserved, offering them a chance for a better future. #Bitcoin is Hope
https://m.primal.net/KeNA.jpg

2024-08-28 13:13:06 UTC

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Nostr is growing. It’s been great to watch.

2024-08-27 13:59:52 UTC

Red candles are irrelevant… https://image.nostr.build/bd22c8d6169dade15356831e18d8cb8cbee1d20bd8e90b6577d3970f88855f03.jpg https://image.nostr.build/e15e96001a02807500f6aed642fd56ac563c0512ba4c05551af21060c48e1137.jpg

2024-08-19 03:31:04 UTC

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Potentially if I can find a decent client to listen and figure out how to find content.

2024-08-18 16:55:22 UTC

Concerned about price controls or freedom of speech? #Bitcoin is here when you need it. No need to live in fear. You can be sovereign starting with #Bitcoin. Peacefully opt out of the system driving an unnecessary wedge in our country through broken money.
https://m.primal.net/KDVU.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.

2024-08-14 04:28:52 UTC

The winner of the next political election won’t meaningfully impact most of us positively or negatively. Owning #Bitcoin long enough will positively impact you life. Zoom out.
https://m.primal.net/JyzG.jpg

2024-08-11 00:42:11 UTC

Nostr noob (me) tip, when searching for someone on Nostr by their “Npub” in your Nostr client, omit the “#” commonly found in Twitter profiles. It was frustrating me until I realized to search without the #. I’m using Primal app.
https://m.primal.net/JvWG.jpg

2024-08-08 05:18:15 UTC

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A first world problem…still totally SUCKS! I winced a little when I read it.

2024-08-07 06:15:57 UTC

War is NOT profitable on a #Bitcoin standard.
https://m.primal.net/Jqsi.jpg

2024-08-04 18:17:29 UTC

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Curious you running Graphene OS on the droid? How’s the performance on device? Been thinking about messing around with full stack mobile privacy. Already have a start 9. This has been on my list.

2024-08-04 18:04:17 UTC

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Primal on iPhone. Still trying to find a good desktop option. The problem is i like zapping but can’t seem to get it working on desktop reliably. Mobile works flawlessly.

2024-08-04 18:00:44 UTC

Don’t let fiat market nonsense get you down. Red candles on #Bitcoin means sats are on sale! Supplies are limited. Enjoy while they last.
https://m.primal.net/Jnoz.jpg

2024-08-03 07:27:16 UTC

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@npub1a2c…w83a you have a gift. 🫡
https://m.primal.net/Jmbz.jpg

2024-08-03 07:20:08 UTC

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Intriguing idea so I provided some feedback. Looking forward to seeing how this could work. Zaps ⚡️ as kudos in the work place would be a fascinating workplace experiment.

2024-08-02 04:23:00 UTC

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This is a very interesting illustration of the centralized algorithm. You are correct in that this does seem to really highlight the negativity inherent in Twitter. I’d love a way to build my own filters and algorithm but with open source readable so I can periodically audit it myself and see which changes each makes and the effect with the ability to share those filters. I NEVER would have put together that profile to filter as I have not encountered as my following fairly tiny. Solid post as always! 🙏🏾

2024-08-02 01:41:28 UTC

Fractional reserve banking (i.e. traditional banking) is obsolete and unsustainable. #Bitcoin is the future of finance. GoingLongardi.com
https://m.primal.net/JlcH.png

2024-08-02 01:31:49 UTC

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The best #Bitcoin account firm supporting #Bitcoin open source devs with tax help is pretty EPIC.

2024-08-02 00:57:45 UTC

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💯 Blue Eyes Samurai was amazing. Could have done without most of the sex scenes which are a bit cliche. HOWEVER even despite this, most of the time it does explain aspects of what’s going on and usually add to the plot. I am super picky with anime and this was exceptional well done.

2024-08-01 05:40:15 UTC

Learned today that if I long press the zap ⚡️ button in the Primal app, I can do a custom zap with a custom message. H/T @npub1rxy…hnp8 https://youtu.be/Qd4Po4i7wvc?si=YGGt9fdMsGE13nd8

2024-08-01 04:18:16 UTC

@npub12vk…pugg or any Nostrich out there, can someone tell me why I can't access my Primal wallet from Primal.net from my laptop browser? I can access from the app on my iPhone, but I can't from my chrome browser and therefore no zaps from my laptop or do custom zaps. Is it not supported?

2024-08-01 02:19:45 UTC

When red candle days mean nothing THEN you are truly a #Bitcoin 'er ...stack harder!
https://m.primal.net/Jklz.png

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.

2024-07-30 22:59:16 UTC

@Bitcoin Park in Nashville was the best part of attending #Bitcoin 2024 conference. And they had copies of @SimplestBTCBook Keysa Luna's book laying around; which is a great resource for range pilling with the proper framing. Worth checking out both if you have a chance.

2024-07-30 22:58:00 UTC

@npub1the…4dha in Nashville was the best part of attending #Bitcoin 2024 conference. And they had copies of `@SimplestBTCBook` Keysa Luna's book laying around; which is a great resource for range pilling with the proper framing. Worth checking out both if you have a chance.

2024-07-30 22:32:24 UTC

Seems like #nostr is a better solution than Microstrategy's DID (Decentralized ID) system that is built on #Bitcoin. #nostr is already a self sovereign identify solution. Perhaps it would be better to build on top of #nostr for that? Let me know your thoughts. https://cointelegraph.com/news/microstrategy-bitcoin-decentralized-identity-solution

2024-07-30 18:16:15 UTC

There is currently a sale on sats! Supplies are limited. Choose wisely….choose #Bitcoin
https://m.primal.net/JjSV.jpg

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

2024-07-23 16:50:13 UTC

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@npub1cj8…rz4u gives one of the best summaries I have seen regarding the political nonsense going on in the US. While I don't agree with all of the points made, I agree that the fact that the Independent and GOP Presidential candidate vocally supporting #Bitcoin is a HUGE deal. Also, #Bitcoin 'ers as a voting block is in the power position. Very well done and worth your time to watch.
#note1fjt…uuq0

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.

2024-07-10 01:06:45 UTC

During times when the price dips, I remember this quote from Satoshi. BTFD and HODL in Self Custody. https://m.primal.net/JLsT.png

2024-07-08 20:35:02 UTC

The properity of a nation is the prosperity of its people. @npub1exc…n72a . This is why #Bitcoin
https://www.youtube.com/watch?v=q9FaLwcmrq8

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

2024-06-12 14:25:04 UTC

You have a problem. That problem is inflation. The solution is #Bitcoin.
I wrote a article for the pleb / noob. Feedback welcome! Don't worry, it is short. Please read and let me know what you think.
https://goinglongardi.com/blog/bitcoin/why-you-need-bitcoin-now-1

2024-06-11 03:27:54 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. If you haven’t already look into #Bitcoin
https://www.bizcommunity.com/article/saudi-arabias-petro-dollar-exit-a-global-finance-paradigm-shift-670911a#:~:text=The%20crucial%20decision%20to%20not,Bitcoin%20may%20also%20be%20considered.

2024-06-10 20:07:27 UTC

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Solid question @npub12m4…7y28 . I think the way to keep Nostr true to the principles is to just keep encouraging people to interact and not cancel each out. Freedom of expression is critical. All the big tech socials cancel and restrict what be can say (some more than others). I may not agree with most of the garbage on social media, but trying to defend people's right be be heard and bridges through discourse. And hopefully I will get a little wiser along the way.

2024-06-10 18:04:56 UTC

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Putting in the work to get there!

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 17:29:50 UTC

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Twitter has been overrun by spam and political ranting. Need to find better dialog so hoping Nostr is better. 😎🤙🏾

2024-06-10 14:21:43 UTC

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

2024-06-10 13:37:22 UTC

I don't want to think about US national debt and the resulting debasement, but we have to recognize the problem if we ever intend to solve it. The solution? #Bitcoin . Just buy and hold. That's it. Ignore the noise (alts, runes, ordinal, etc.). Do your own research and buy #Bitcoin. FULL STOP.
https://m.primal.net/IffF.jpg H/T @npub1t8a…56yu

2024-06-10 13:19:53 UTC

At the base, #Bitcoin was created to solve the problem of the violation of trust by Central Banks (FED, ECU, Bank of Canada, etc.); which is monetary debasement (creating money from nothing). Like it or not, WE ALL NEED Bitcoin. https://m.primal.net/IfeP.png

2024-05-29 16:19:37 UTC

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This was an exceptional event! @npub184c…t30s put together a great group of panelists. Over 6 hours of high signal discussions! Well done! 🤙🏾

2024-05-28 07:55:14 UTC

While I don’t know if #Bitcoin will reach $1,000,000 in 18 months it is possible in the face of US monetary debasement via massive overspending and borrowing. The US debt is out of control and that directly weakens the dollar which causes inflation. I’m heavily relaying on #Bitcoin. https://www.forbes.com/sites/digital-assets/2024/05/27/janet-yellen-issues-serious-34-trillion-warning-as-bitcoin-predicted-to-surge-to-1-million-price/?sh=3e087ed943be

2024-05-27 17:48:38 UTC

Jake Dimon may retire early. Great! This is the same person that says #Bitcoin is only good for tax evasion and illegal activity but is also an Authorized Participant for the #Bitcoin ETFs. https://nypost.com/2024/05/20/business/jpmorgan-chase-ceo-jamie-dimon-68-hints-hell-retire-sooner-than-expected/

2024-03-06 00:45:57 UTC

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On occassion #Bitcoin needs to expell the degen traders, leverage and grifters. Stay humble and atavk sats.

2024-03-06 00:40:42 UTC

A healthy pullback in the proce of #Bitcoin is good as it cleanses the degen leverage. And look 👀 it's already starting to recover. Enjoying the "cheap" sats. Stack accordingly.
https://m.primal.net/HiDn.jpg

2024-03-05 17:17:00 UTC

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Far better to stack sats with @cashapp and @npub1ex7…vyt9 than at some shitcoin canaino that goes down anytime there is a surge in demand ...cough..Coinbase..cough

2024-02-27 23:49:37 UTC

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@npub1ex7…vyt9 Being the world online with #Bitcoin ! Repect! 🤙🏾

2024-02-19 06:32:24 UTC

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Brisket

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 05:37:09 UTC

https://x.com/mleonardi247/status/1755758604018483468?s=46&t=L3Ej1tTNH_G-NO2830_Zsw

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/