MicroStrategy, Fires, and Joe Rogan

I’m following a couple of really interesting news stories this morning and can’t really pick a favorite.

MicroStrategy, a publicly traded company on the S&P, has acquired $425 million worth of bitcoin over two enormous purchases. This is .18% of the entire bitcoin supply! The company’s leaders view bitcoin as a store of value that will preserve MicroStrategy’s wealth better than cash. I think they’re the first of many companies to make such a move — and this signals a sea change in institutional interest around bitcoin.

I’ve now seen multiple reports evidencing that the fires raging across the west coast, causing massive air quality issues from California all the way to Idaho, have been predominantly started by arsonists. Between this, the riots in major cities, and the destruction of American Culture through corporate virtue signaling and propaganda in our education system, I think that it is fair to say that we are experiencing a new form of 21st Century warfare. I’ll write more about this as my thoughts on it become more solid.

Finally, Donald Trump has signaled that he would like to debate Joe Biden on Joe Rogan’s podcast instead of through a traditional televised debate. Whether or not it takes place, this is possibly the loudest and clearest bugle to date for the funeral of “traditional” media. News is best propagated from the bottom up via on the ground reporting and individual citizens, not from corrupt news organizations with diabolical self-interests. The Joe rogan news is progress towards a less polarizing world!

This smorgasbord of seemingly unrelated new events suggest a broader theme to me, and it’s that the future looks nothing like the present. I think we all are underestimating just how different the world may look by the start of 2030.

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