“It is better to have a job than protected savings.” -C. Lagarde

In a recent paper, the European Central Bank asserted that Bitcoin functions as an unfair savings mechanism. This assertion is not surprising, especially considering past remarks by the ECB President.

In an earlier video, Lagarde highlighted the priority of maintaining employment over safeguarding savings. She expressed her support for the monetary policies of her predecessors, which focused on fostering economic growth and employment, even if it meant potentially lower returns for savers.

This viewpoint aligns with the ECB's current position on #Bitcoin. The central bank appears to regard personal savings as secondary to its broader macroeconomic goals. By labeling Bitcoin as unfair, the ECB is essentially suggesting that a decentralized, non-government-controlled savings option undermines its ability to manage the monetary system in pursuit of employment and growth.

What the ECB seems to overlook is that Bitcoin provides individuals with a means to preserve the value of their hard-earned savings, independent of central planning commissioners. By criticizing this, the ECB is revealing its preference for maintaining its own power and influence over the financial independence of citizens. In the end, the ECB's opposition to Bitcoin appears to stem more from a desire to safeguard its monetary authority than from any genuine concern for fairness or the public good.

Blocktime: 866 955

v/byte price: 20 sat/vByte

Hash Rate: 671.44 EH/s

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War is it?

“War”, Elon?

If you were in any way ready to fight a war against US/UK you would understand that the fiat money that they use is the key to all of their power.

You would use X to launch the biggest bitcoin platform and “bank” the world has ever seen, and you would remove their power from them to use the money of the people, Bitcoin, against X…and the people.

You can’t fight a war where the weapons of war are manufactured by your enemies.

The weapon in this case is the US dollar and the euro which you absolutely resolutely refuse to reject because you need those fiat systems in place to be able to build your rockets to escape to Mars .

Don’t talk about going to war with these people unless you’re really ready to do it because they have all the money in the world to destroy you; in fact, they can make money out of nothing — literally thin air — all the money that they need to destroy you several times over.

You can’t fight a war with these people head on; they’ve got all the money and all the guns and they control the courts “their system is too dangerous to be kept alive” (Star Wars).

The only way to fight this war, if you’re ready to wage it, is to remove the power to create money from them. If you’re not willing to do this, you’re going to lose and your life’s dream of going to Mars will be ended.

Which will it be, Elon? Will it be Mars and the American millennium?

Or will it be the destruction of all your dreams and man kept earthbound for the foreseeable future?

And that future won’t be very long, given the warmongers thirst for blood — in this case radioactive blood.

It should be absolutely clear to you what you need to do .

* Stop treating bitcoin as if it’s a joke.

* Incorporate it into every X users account.

* Retreat X into the comparatively safe walls of the USA, like Gab

* Keep supporting Donald John “GEPOTUS” Trump

And don’t stop! DON’T GIVE UP ELON!

I keep a (incomplete) list of malicious / unhinged government folks. These two ECB authors were already on it.

"The value of bitcoin peaked at USD 69,000 in November 2021 before falling to USD 17,000 by mid-June 2022. Since then, the value has fluctuated around USD 20,000. For bitcoin proponents, the seeming stabilization signals a breather on the way to new heights. More likely, however, it is an artificially induced last gasp before the road to irrelevance – and this was already foreseeable before FTX went bust and sent the bitcoin price to well below USD16,000."

"The value of bitcoin peaked at USD 69,000 in November 2021 before falling to USD 17,000 by mid-June 2022. Since then, the value has fluctuated around USD 20,000. For bitcoin proponents, the seeming stabilization signals a breather on the way to new heights. More likely, however, it is an artificially induced last gasp before the road to irrelevance – and this was already foreseeable before FTX went bust and sent the bitcoin price to well below USD16,000."

Rabobank has been de-risking 10,000 customers per month (out of 8 million). They have 8,000 employees pissing away €840 million per year for this task.

For comparison: the Stasi had 90,000, which is 5x more per head of population. So it's not too bad really.

The Dutch police budget is €6 billion, a tiny fraction of that is spent on dealing with deluge of surveillance reports pushed by the bankers. With zero proven effectiveness.

Rabobank has been de-risking 10,000 customers per month (out of 8 million). They have 8,000 employees pissing away €840 million per year for this task.

For comparison: the Stasi had 90,000, which is 5x more per head of population. So it's not too bad really.

The Dutch police budget is €6 billion, a tiny fraction of that is spent on dealing with deluge of surveillance reports pushed by the bankers. With zero proven effectiveness.

- Wie Deutschland heute schon von Bitcoin profitieren kann -

The failed ex prime minister of Holland, Mark Rutte, who is now secretary general of NATO, is telling us in his turn in 4:32 that support to Ukraine is not a charity but an investment.

Who wants to be an investment for NATO? Raise your hands 😀

NOSTR Breaks Every Social Media Paradigm