This is a horrible debt ceiling deal.
No limit to the debt now, sets the time at January 2025 for unlimited debt going into a recession.
Minimum $4 trillion new debt to around $36 trillion in early 2025.
Vacate the Speaker PLEASE 🙏
None of own enough #gold and #silver for what is coming when this all fails.
There comes a point where nobody wants any more US Treasury debt. Then the Fed has to buy it all, otherwise rates go thru the roof.
We are going to find out soon at the rate they are borrowing.
Even before this debt “ceiling” deal, Janet Yellen testified that they expect the debt to reach $50 trillion by 2033.
$2 trillion deficits per year 🤨
Now after this “deal” with all limits removed … probably MUCH sooner.
$40 trillion debt by 2026
$50 trillion debt by 2029
Buy hard assets that will have value in the next currency, because they are trashing this one.
#Bitcoin
JUST IN: 🇨🇦 Canadian banks are preparing for a crash, setting aside C$3.37 billion in credit loss provisions, up almost 13-fold year on year 😮
Fiat currency has been used to wage war for thousands of years. Today, we celebrate Memorial Day by raising the debt ceiling.
If it uses a blockchain and it's not #Bitcoin it's going to zero.
#Bitcoin is by design simple, yet elegant. Secure, yet transparent. Decentralized, yet accessible to everyone. Its potential is only beginning to be realized.
good morning, stay humble and stack sats 🫡
"#Bitcoin is where we make our last stand... and win."
"Elegance in simplicity: Dollars are designed to be sold. #Bitcoin is designed to be saved."
Reach your goal before the halving:
0.1 #BTC = Set for life
0.26 = Guaranteed top 1% globally
1 = Generational wealth
3.125=10 min of mining power in 2024
6.15 = Eternal riches and big titty bitches
One of the most prominent conspiracy theories in society is the belief that every group disparity can be explained by some form of bigotry.
The people who believe this sound like typical conspiracy theorists but often manage to fly under the radar by cloaking their insanity behind college credentials.
Doctrines without historical precedent must be rejected. Scripture is clear on this in Proverbs 22:28:
“Don't move the old landmarks your parents put up.”
In 2013, 🇺🇸 Americans believed $58,000 was enough to support a family of 4.
Today, they think you need to make at least $85,000.
In 2013, it took 77 #bitcoin to equal $58,000
Today, it takes ~3 #bitcoin to equal $85,000
Your choice. Choose #Bitcoin
Most people will not understand #bitcoin, they will just start using it.
Satoshi solved the Byzantine Generals problem and only 0.035% have adopted #bitcoin.