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Bitopia
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History & geopolitics through a #Bitcoin lense.

First, they cause inflation through zero interest rates and QE

Then, they aim to suppress it by destroying demand and creating unemployment

It seems Ms Lagarde only cares about the numbers on her spreadsheet, not the lives of you and your family

The world was for the taking for Ming China

Centralisation of power and an inward-looking bureaucracy of technocrats caused it to miss this opportunity

The pace of crises has increased since the birth of the ECB

Coincidence? No..

The ECB is a major cause of instability in Europe and crises will only intensify

Until the one that will bring the whole thing down

Make sure you own some #Bitcoin by then!

After allowing #Bitcoin mining, Russia is now allowing citizens and companies to accept Bitcoin as payment from abroad for goods and services

Bitcoin is actually the easiest way for any country to get forex into the country…

https://news.bitcoin.com/russias-rosbank-launches-crypto-payments-solution-for-cross-border-settlements/

It is troubling for the 🇺🇸US that so many people have high credit card debts

More debt than savings = high-time preference (with its negative consequences 👉 #BitcoinStandard)

And economic hard times will get families in trouble, causing political uncertainty

🇷🇺&🇮🇷 both print own currency. Sell it to the other for printed currency. After which it is used to buy each other’s goods

How long before both to realise how inefficient this is?

Or for one to cheat the other through currency manipulation…

https://news.bitcoin.com/iran-russia-trade-settlements-exceed-60-in-national-currencies-says-joint-chamber-chief/

This is just crazy...

Ms Lagarde claims the ECB to be an anchor of stability while it doesn’t even know next quarter’s policy

A stable economy requires long-term planning and stability, not just reacting to the last crisis

#Bitcoin

She is wondering why her butler is taking a photo of her…

They control the airspace and have artillery superiority.

They could have very well spotted a massing of troops near the frontlines and concentrated fire power on those groupings.

“Every new concept first comes to the mind in a judgment.”

-Charles Sanders Peirce

Central banks everywhere were created for the same reasons...

Fiat = war

#Bitcoin #art:

Mademoiselle Brongniart (1788) - Elisabeth-Louise Vigee Le Brun