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Marty Bent Profile picture
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13 Jul, 5 tweets, 1 min read
capitalgroup.com/institutions/s…
This isn't an indictment of Microstrategy, but the attack vector of public markets funded by institutional capital with a Communist agenda.
An ESG activist fund just took over three board room seats at Exxon to push the company towards unreliable "renewables". Don't think publicly traded companies that deal with bitcoin won't be pressured in similar ways.
Luckily Saylor has 70% of MSTR's shares and has final say over everything. But this isn't true for every publicly traded company that deals with bitcoin. How much self-censorship and/or shareholder appeasement will take place to keep stock prices elevated?
How many companies will get Exxon'd?

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More from @MartyBent

Marty Bent Profile picture
9 Jul
Enjoy the transition to “sustainable renewables” made from slave labor and coal that force you to live with more uncertainty, serf. You’re doing your part!
Want to buy a house?

Sorry BlackRock bought all of them.

How?

By leveraging the Cantillon Effect enacted by the Fed’s monetary policy.

Renting isn’t all that bad. Larry Fink is a great landlord.
We heard you were saying some unfavorable things about the governments hate speech policy.

You can only purchase diversity training courses via your CBDC wallet at the moment. Once purchased and completed you’ll be able to purchase other goods and services.
Read 10 tweets
Marty Bent Profile picture
6 Jul
This doesn't have a Nazi Germany vibe to it at all.
Gradually, then suddenly comes in many forms.

tftc.io/martys-bent/is… Image
Let's try to avoid getting to this point, please. Image
Read 4 tweets
Marty Bent Profile picture
2 Jul
REMINDER: THERE IS NO CLIMATE EMERGENCY
A GROUP OF EXTREMISTS HAVE BEEN FEAR MONGERING ABOUT THIS FOR DECADES DESPITE A PRECIPITOUS FALL IN CLIMATE RELATED DEATHS ACROSS THE PLANET.

THEY DON'T CARE ABOUT THE ENVIRONMENT OR HUMANS. THEY CARE ABOUT CONTROL OVER THEIR FELLOW HUMANS. THIS MOVEMENT IS NOW CALLED ESG.
IF YOU VIRTUE SIGNAL ABOUT BEING ESG CONSCIOUS/COMPLIANT YOU ARE PLAYING INTO THE HANDS OF EXTREMISTS WHO WILL EAT YOU THE SECOND THEY GET THE CHANCE.
Read 6 tweets
Marty Bent Profile picture
7 May
Humanity is in the middle of a great battle that will dictate whether or not future generations live in a free world or digital panopticon.
At the moment, Bitcoin is the most potent and widely available tool we have within grasp to ensure future generations live free. The incumbent system is completely lost and needs to be put out of its misery.
There are many men and women who are actively trying to bring grifts that have been very successful in the incumbent system to Bitcoin. Mainly, regulatory capture that grants a few select insiders undue power.
Read 5 tweets
Marty Bent Profile picture
10 Mar
Second order effects of #Bitcoin mining include, but are not limited to:

- Less pipeline construction because it's easier, faster and cheaper to deploy a digital pipeline
- Less methane leak because miners will show up and consume gas that would otherwise be flared (con't)
- More efficient drilling because producers don't have to depend on a singular rev stream
- An incentive to produce more renewable energy sources because there is now a consumer of last resort
- A more distributed society as towns get erected around mining operations (con't)
- The big one no one likes to talk about, a severe reduction in capital misallocation enabled by easy money that has led to severe energy waste
Read 5 tweets
Marty Bent Profile picture
19 Feb 20
Individuals who clamor on about Bitcoin's dwindling block subsidy and claim that Bitcoin's long-term security is in question lack vision and an understanding of Jevons Paradox.
Yes, Bitcoin's fee market may be paltry at the moment due to better use of the blockchain as individuals and businesses learn how to use block space more efficiently. I will concede this.

However, one needs to look to where the puck is going.
Bitcoin isn't on top of the public's mind like it was in the Fall/Winter of 2017.

If number continues to go up like it has consistently done for the last 11 years, this should stoke activity in the fee market as more people are dragged into Bitcoin's gravitational pull.
Read 13 tweets

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