Avatar
Fiat Shenanigans 🀑🌎
0d06480b0c6e3be3c9a1a65d7e6bc2091227d55bf4c77eeb6037ba7776c300ec
I say shit about shit

Creepy data surveillance company Palantir is on a wild tear lately.

I bought a bunch the day of the IPO, but sold around $30 a few weeks later. Should have scooped up more while it was cheap the next year.

Yeah I haven't touched that IRA account in a few years. I just got an email this morning that they dumped my holdings and moved me into bonds and foreign equities.

Fidelity seems to be anticipating a US stock market crash

The important aspect of Bitcoin is it's functionality, not the exchange rate.

I would be perfectly happy to see the exchange rate tank temporarily and catch a dipshit like Saylor with his pants down for over leveraging his company out of greed, and it will continue to be an immutable and un-counterfeitable record of transactions for the foreseeable future.

Saylor is no different than the leveraged traders that nostr:nprofile1qqspcm9j9xtt42lfyx7dghytvgfm9k4sjmuguja9v7x585v45xrg25gpzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj734wpv8 posts, just on a bigger scale.

Poor people are taught to think money is wealth.

The truly wealthy know that money is not true wealth. Money is a tool of exchange and it's value is based on perception. They own more money than everyone else, yet they only hold a small fraction of their wealth as money.

True wealth lies in claims of ownership over the most valuable land and over the productive efforts of others. This has always been true.

Ancient kings may have owned more more gold than everyone else in the kingdom, but their true wealth lay in their claims of ownership over land and the labor of others.

These claims of ownership always have and always will be secured by force. In the modern era our claims of ownership are far removed from the use of force through complex legal structures, but these legal structures are ultimately enforced through the use of, or more often merely the threat to use force.

Land, people, and the strength to claim them. This has always been what wealth is.

This is not a case against owning #Bitcoin, but, Bitcoin produces nothing.

Diluting your ownership in a value-producing company by issuing more and more shares and using the proceeds from selling those shares to buy more and more Bitcoin is retarded, a little scammy, and sure to end in disaster sooner or later.

nostr:nevent1qqsq8sv0304aeluafhsd5u9h34tkpzp3m359my44aw6ugl2n6ascl6gpzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7q3q80x9vv4yuagf2w3qzmuertvv46ccee6n0wp0yh3zcz7nhyqrmzuqxpqqqqqqzne7ywy

So many of you still all over Saylor's dick. It's embarrassing.

Replying to Avatar node

Fractional reserve banking stimulates the economy, sir! 🀑

Getting one dog to sit pretty for a photo is a little tricky. Getting two dogs to sit pretty together is a bit harder. #dogstr

Should Frosty the Snowman be classified as an ice golem? #AskNostr

Why do people gauge trustworthiness relative to how far they can throw a person? Are fat people inherently less trustworthy? #AskNostr

Why are witches titties always so cold? #AskNostr

Live dangerously. Give your key to closed source apps from anonymous devs.