When the government fines itself.

"German data authority fined rail operator for biometric surveillance trial without prior notification."

Bahn AG is literally owned by the government. Publicly traded or not. The government owns the shares.

Bull markets make retards seem like geniuses

Resources

I’ve got to the stage where I think the biggest threat to my Bitcoin is actually me

Trying out alternative investment strategies vs HODL in self-custody

- Leverage plus trade

- Sell plus BTC treasury co equity

- Angel invest in startups

One too easily glosses over counter-party risk, tax risk, liquidation risk

Why is it so hard to just HODL and chill?

Nostr! Been off-grid for several days hiking the Salkantay in Peru, it's been epic! Will conclude tomorrow with Machu Picchu 😁

Pics to come ✌🏻

Can anyone shill me on why Superman 2025 was a good movie?

I thought it was awful, but apparently I'm in the minority.

All of this is beneficial for your node and promotes decentralization.

🤥

today i learned people still listened to dennis porter

I think Trump genuinely thinks he can deal his way out of debt.

He's taking over industry, Nvidia USA, Intel etc...

He's selling citizenship for $5M per person.

He's now charging $100K for foreign workers to come to the U.S. (H-1B)

Tariffs, up to 100% on some countries / goods to stimulate manufacturing and reverse the Triffin paradox.

But if not, then pegging the USD back to gold or Bitcoin would be difficult.

With regards to Bitcoin, I wrote an article about my concerns with this here:

nostr:naddr1qvzqqqr4gupzp6pmv65w6tfhcp73404xuxcqpg24f8rf2z86f3v824td22c9ymptqqxnzdenxgerjdeexqmrzdfkacyprc

The USD is a tokenised representation of wealth. It is not an investment scheme.

Bonds are an investment scheme with returns.

Bonds, however, pay interest, not dividends.

Normally both interest and dividends are paid from profits, but government bonds don't generate profit for the government, so they must pay them out of collected taxes or fresh printing. This is where the ponzi element emerges.

The money printing system is more analogous to rights issues within companies (i.e. when new shares are issued within a company to raise money).

You can normally do a rights issue when the company is under valued, but it would be possible to do when it is overvalued, but would be less likely for the rights to be taken up. I think this is the state of bonds right now.

At some point, the issued bonds will fail to sell at any interest rate. At that point the government will have to raise taxes to compensate, this will become draconian and will create rapid wealth depletion for those not able to escape.

Interestingly, I realised from examples like the Lebanon, that hyperinflation does not automatically mean the end of that states monetary system. People in the Lebanon conduct business in the Lebanese pound, but once paid, they will either spend immediately or convert that money into more durable assets such as USD, crypto such as stablecoins, shares, gold etc...

The Lebanese pound is a medium of exchange, but not a store of value. It is only satisfies 50% of the function of money.

This may be the eventual fate of the USD.

The moral of this story, people are clever and find ways around failure points.

#Bitcoin beats all other asset classes.

⚡️🇩🇪 NEW - Germany ranks last for 2025 — OECD

Interlinked

The money has been drained as profits, if you stop the inflows, people at the top have made profit, but nobodys capital exists anymore.

Generally the top rungs have made more profit than the capital they invested, so loosing that capital is not significant.

But for everybody else, they have gradually made less and less profit to cover their capital and so face ever increasing losses down the pyramid.

What's your opinion on pineapple pizza bro?

I love field trips. When are we all going.

When you go I'll pitch in some sats to fund a long range drone or observation balloon. Its just for scientific purposes, so that shouldn't violate the antarctic treaty right?

Just says no nuclear testing, military ops, economic exploitation and territorial claims

I showed you how they work but you don't ask enough questions. You simply make your own conclusions right away.

Props man, your the best parody account ever. I'm dying laughing 🤣

Anything in the headlines is theater. What's really going on is surely more like somehow robbing Argentina.

Yes.

Oh cool so now not only are we bailing out our own banks at the expense of the American public, but also another country. Inflate the money -> hide the inflation. I still believe this was part of the incentive in the open border policy.

I'm not denying anything. What I am saying is you made up your own flat earth theory. You didn't ask how the sun and moon works in the theory. Instead you made up your own theory or maybe you researched it somewhere

Tell me, how does the sun and moon work on a flat earth theory? Explain it. I want to see what you learned.