Really enjoyed this one
“What the wise man does in the beginning, the fool does in the end.”
buy bitcoin, spend fiat, live your life
“We thought of life by analogy with a journey, a pilgrimage, which had a serious purpose at the end, and the thing was to get to that end, success or whatever it is, maybe heaven after you’re dead. But we missed the point the whole way along. It was a musical thing and you were supposed to sing or to dance while the music was being played.” - Alan Watts
“technology is absurdly predictable in retrospect, wholly unpredictable in prospect” — matt ridley
"Once you ask yourself “What is money?” Bitcoin will make sense." - Misir Mahmudov
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
been looking forward to this! bravo alex
#March12 👀
1933 - Roosevelt attempts to calm banking crisis
2008 - Goldman Sachs & Bear Stearns financial crisis
2020 - Bitcoin crashes to 4k
2023 - Biden attempts to calm banking crisis, Bitcoin surges
spend fiat, save bitcoin
masterpiece ... get ready for the end game, ser
the promised land in comparison to twit
bullish on bitcoin as a tool for humanitarianism
pendulum policy
"A bank cannot survive without confidence; when it is forced to deny rumours that it is in trouble, it is by definition in serious trouble."
-- Lords of Finance on unwind leading to The Great Depression
Confirming #[0] and #[1] as special guests for WBD Live in Bedford, UK:
- Date: April 14th
- Location: The Swan Hotel, Bedford
We have four days of activities including a #bitcoin meet-up and the final Real Bedford home game of the season.
Tickets - https://www.whatbitcoindid.com/wbd-live-bedford-14th-apr-2023
Copped my ticket!
brilliant, must read deep dive into #CBDCs - ignorance will not be bliss.
🤟🏻
Combining open monetary and social media networks can bring many benefits, especially to people in poor and authoritarian countries.
Must read by #[0]
https://www.swanbitcoin.com/the-implications-of-open-monetary-and-information-networks/
I wrote about the implications of open networks (including a lot of content regarding Nostr) for my recent article on Swan. And I'll be republishing it in a couple weeks on my website as well.
https://www.swanbitcoin.com/the-implications-of-open-monetary-and-information-networks/
Another brilliant piece, thank you Lyn - you're the signal the world needs.
First they came for the socialists, and I did not speak out—
Because I was not a socialist.
Then they came for the trade unionists, and I did not speak out—
Because I was not a trade unionist.
Then they came for the Jews, and I did not speak out—
Because I was not a Jew.
Then they came for me—and there was no one left to speak for me.
- Martin Niemöller