Profile: 05a63308...
I'm super honored to join ego death capital as a GP.
Our core thesis is that #Bitcoin is different than everything else.
It's different because at the base, bedrock layer, Bitcoin is optimized for security and decentralization. In order to do that, scalability must be maximized on the 2nd and 3rd layers, etc. IMHO, anyone building on a different protocol at the base layer is building on top of sand.
As we look at the companies building the future of finance, we are hyper-focused, on humble, thoughtful, & constructive leaders that bring unlocked efficiencies and value to their customers and constituents.
There is no place I'd rather be than on a team w/ nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a, nostr:npub1tlvvdgm4csch9x3m0r3qsrll7zsaccl49c4gdz5qz9g3jz33l92ss4gp7z, nostr:npub1x9hs220ekahnqud2j3pfve7yzs7guu628mhvytcqql5v4h06yu5sstn4qw, nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft, nostr:npub1e0z776cpe0gllgktjk54fuzv8pdfxmq6smsmh8xd7t8s7n474n9smk0txy, & Pete Briger.
If you want to learn more about us, here's the link: https://egodeath.capital
How do I invest!
No
New book dropped today
Last year I started digging into the IMF and World Bank a little bit and was surprised that there were so few approachable books on the topic
This led me to keep digging, which led to a massive rabbit hole of archived essays and reports, interviews, and discontinued books going back 70 years all the way to the creation of the institutions at the end of WWII
What I started to realize as I learned — which became the thesis of the book — is that the IMF and World Bank actually exploit poor countries, they do not help them
This has mostly been achieved by working with dictators and corrupt officials to plunge emerging market countries into debt they can never pay back
Western lenders get paid back plus interest, and benefit from a massive economic engineering where entire societies are re-architected to suit the needs of rich nations instead of achieving industry and sovereignty
The Bank and Fund are known as charitable or maybe as flawed but necessary
In reality their operations are straightforwardly neocolonial, and they help subsidize the way of life in the West by depressing wages and looting resources in the global south
The book was a huge wake up call for me, I hope you can find it useful too
✌️
https://www.amazon.com/Hidden-Repression-Exploitation-Development-Gladstein/dp/B0C1JK6MG7
Done deal, just bought it!
Heard you on a podcast about a year ago, I can’t wait to read everything about it!
But than aren’t a lot of people realizing that a project was worth pursuing in Hindsight?
So if it was worth it, but because they did not know before hand, they would never had have access to the benefits of it.
Can you pay a fiat price converted from your btc wallet at any pos with this card??
Mine too !!
Just preordered and got the fiat standard while in at it!
I see one problem in this argument. In a consumption based society where almost nobody knows how to survive on their own means, how do you want people to only hoard their bitcoin?
They don’t have the choice to spend some only to survive. Now they need entertainment. They don’t have the choice to spend again. This argument does not hold any ground what so ever in the current societal model.
If the price of production would fall as technology advances I would argue that people could afford saving more intelligently and therefore also spend more into consumable goods without the use of credit. The money can therefore be used to produce more goods more efficiently instead of greasing the pockets of bankers.
Yes there are people (like me) that don’t go to twitter anymore!
In fact my account is “completely “ deleted!
Whats this ckBTC bullshit? Have they never heard about Lightning Network??
https://ca.finance.yahoo.com/news/internet-computer-issues-liquid-bitcoin-131518169.html
Soo + 300% this time 🧐
Cooking Oil Shortage Looms As Biofuel Demand Surges Due To 'Climate Solution' https://www.zerohedge.com/commodities/cooking-oil-shortage-looms-biofuel-demand-surges-due-climate-solution
Thats actually a good thing for Americans health!
I think they know exactly what they are doing. They know financial repression erodes the treasury’s debt over time so they make it look like they are fighting inflation but do QE under the table to keep it higher. That way they keep having a reason for rates increases. Higher rates + inflation = “gov debt fading away”
But I think bond and usd buyers will get tired of it.
Seems like the drop in the 30y always precedes a drop in s&p as well 🤔 but hey no problems here!
Im personally not on twitter anymore!
Unfortunately a lot of them are just trying to make money by promoting scams instead of actually being part of the community!
Welcome lynn !!
Soon no need for twitter anymore!! All the good people are gonna be here!