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Smiffy
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Bitcoin Adviser, Bitfluencer core. Destroy fiat. 95.0 % of all the bitcoin has now been mined.

#studybitcoin

"The herd instinct among forecasters makes sheep look like independent thinkers."

-Edgar Fiedler

Replying to Avatar bcoiner

Bullish on griftness!

jk jfk jr!

Let’s go Anita, let’s go #Africa 🧡

https://cracktheorange.com/

I’m scared. Don’t I feel enough love then?

So proud of my npub 🤩 npub1rupz4nlns26kucjrgsxn7eje88e8ytgf8xfukhc3dx3szjs36tkq296ky6

based > debased

Toxicity is good for you, like cod liver oil.

The perceived toxicity generally ends up in « I told you so ».

You are free to chase algos or slave melting fiat, and then cry harder 🥹

Replying to Avatar BankSith

#CBDC entryway to hell 👿 🔥

👇🏻

“The central bank will have absolute control on the rules and regulations that we determine... and we have the technology to enforce that.” -Agustín Carstens, General Manager of BIS on CBDC. Agustín Carstens: A Vision For The Future 19/10/2020

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"Integrate with national ID system" CBDC Design by BIS; BIS Papers 14 April 2022 https://www.bis.org/publ/bppdf/bispap123.htm

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"Overview of benefits that some have associated with CBDC, and related factors or requirements"

➥ Requires (i) discontinuation of banknotes (or at least of larger denominations); (ii) CBDC to not take the form of anonymous token money

➥ Allows overcoming the ZLB as negative interest rates can be applied to CBDC

"Tiered CBDC and the financial system"

Ulrich Bindseil Working Paper Series

Jan 2020, ECB https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2351~c8c18bbd60.en.pdf

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“Expiring money, one whose value falls to zero after a specific date, is a potential monetary policy tool . “Programmability,” a technical feature made possible by digitalization, can accelerate decisions to spend it, making it a very effective means for stimulating consumption.” Ahmed Faragallah, Senior Financial Sector Specialist, World Bank

“Expiring money (Part I), NOVEMBER 02, 2022” https://blogs.worldbank.org/allaboutfinance/expiring-money-part-i

#absolute #control #surveillance #centralbankdigitalcurrency #centralbanks #government #china #creditscore

Learn #bitcoin

I call political police-ical

“The Fed’s interest rate hikes effectively mean that the U.S. has to find the money to pay for an entire extra military, despite the fact that we don’t have any money because we haven’t balanced the budget in 22 years”.

@croesus

1) what

2) brrrr

Plebs ! Tell nocoiners :

- Bitcoin not crypto that just exist to get more fiat. The point is to have less fiat and more sats.

- ♾/21M crushes your money/ ♾. Just math. Verify the granitic protocol.

- Bitcoin is permissionless. Know it before you need it.

- You are not a financial expert but you are forced to fight the market trying to defend the fruit of your labour. Fuck that, that’s unfair. Make grandma’s saving-under-the-mattress great again. Don’t overthink.

- You don’t trade Bitcoin, you accumulate it. Don’t look at the fiat price. Look at your sats stash: have more tomorrow than yesterday.

- Stay humble, stack sats with no leverage, because that’s paper and that’s unnecessary risk. It’s a long term game. Patience is key.

- Not your keys, not your coins. Wherever you buy bitcoin not crypto, withdraw it to self custody. Hot non custodial such as Relai is fine to start with and noob friendly (use ref code SMITH to stack cheaper). When your stash justifies it, buy a hardware wallet. Learn all that. Do your own research.

Welcome to freedom, dear precoiner 🧡💜

gm (this is a laser eye)