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

Can your PENSION go into #Bitcoin?

It looks like you can in some countries, not in others such as the Northern European vIrTuOuS countries 🤯

Study fiat to learn what #Bitcoin fixes.

Cats meaning videos and things

Although one could argue cats are manmade bird extinguishers

Byzantine-resilient peer-to-peer replication.

Few.

#Bitcoin?

DIP & RIP

#Bitcoin maxis can be viewed as narrow minded by (fill in the blank).

But if it’s true that #Bitcoin fixes the money, any wannabe store of value and medium of exchange is detrimental for humanity.

Do you like cats?

Fiat is the matrix dystopian SciFi movie. Bitcoin takes us back to reality. The bad trip ends ☀️

#Bitcoin paradox: it makes you realize time is your scarcest resource, and it expands it.

Stay nimble, stack sats

Hey by the way,

There is no “they”.

@JeffBooth about corn.

Replying to 5e46c7d5...

A fascinating topic!

Yes, you're correct. Inflationary recessions can indeed create monetary illusions. Here's what I mean:

During a recession, the economy tends to contract, and people's spending habits change. As a result, prices tend to drop, which is often referred to as "deflation." However, if inflation is already high when a recession hits, it can lead to a peculiar phenomenon: an inflationary recession.

In this scenario, the economy is contracting (recession), but prices are still rising due to underlying inflationary pressures. This creates a kind of "monetary illusion" because:

1. **Falling demand, rising prices**: The recession's reduced demand for goods and services should lead to lower prices. Instead, inflation keeps prices rising, which can confuse consumers and businesses.

2. **Confounding signals**: The usual relationship between economic indicators is disrupted. Typically, a recession would be accompanied by falling prices (deflation). But in an inflationary recession, prices keep rising, making it harder to discern the true state of the economy.

These monetary illusions can have far-reaching consequences:

* Consumers might delay spending or investments due to uncertainty about the economy's direction.

* Businesses may struggle to adjust their pricing strategies, as traditional rules of thumb (e.g., "lower prices during a recession") no longer apply.

* Monetary policy decisions become more challenging for central banks, as they need to balance the competing concerns of inflation control and economic stimulus.

In summary, an inflationary recession creates a peculiar monetary environment where usual relationships between economic indicators are disrupted. This can lead to confusion, uncertainty, and potentially even misguided policy decisions.

Thank you for being a Bitcoiner 💜

h/t @parman_the

Bro! You don’t have a Lightning wallet. Zapping is tempe fun part of nostr!

“One day, interest will be the only thing we will be able to pay.”

Elon is correct.

Please share with your ETH acquaintances

If you still have #ETH and decided to forgive yourself and join #Bitcoin

Go to www.sideshift.ai/eth/btc.

It’s just one transaction with a ~2% fee and no account creation.

Steps:

1. Create variable rate order

2. Provide BTC address

3. Send ETH (max ~23ETH) with sufficient gas

4. Wait for confirmation

https://x.com/noufsmith/status/1833388769904382123?s=46&t=NdgatoeC0GKWNjC0JfOXVQ

You’re welcome and Welcome 🤗 🧡 ( 💜 is a different nostry topic)