Just got stopped, searched, bag strewn on the airport floor on arrival to Germany.

I’m a bit shaken up that was horrid.

The Alsatian sniffer dog was adamant I had something on me.

I know I dont have any drugs so I was trying to be helpful to speed it up. But it’s pretty intimidating when they’re so abrupt and aggressive.

The policeman was a massive cunt though. Threw my stuff on the floor and was the “guilty until proven innocent” kind of guy.

“You have drugs. I am going to find them .”

He made me repack my bag in front of the queue leaving the plane.

I held up the queue though and they were all scowling, naturally.

They tested my hands with some swab thing and the lady policemen had to check with the other guy and said “it’s high.”

It can’t possibly be the case as I haven’t touched weed since maybe the summer?

Hate to judge but there weren’t a lot of brain cells between them.

But they still weren’t satisfied so i got paraded through past the gate to do a “underpants search” as they were adamant I had something.

At this point i was like what are my right here, you can’t just strip search someone.

Once we went through the gate though the sniffer dog changed its mind.

It stopped butting my right thigh. Thank fuck for that.

But man. All that coz they thought I had a bit of weed?

Gahhhhh. Jesus wept what a waste of resources. I missed my train and I’m probs gonna go full radicalised.

Fuck the fucking fuckers.

welcome to germany lol

GOOD MORNING NOSTR, STAY HUMBLE AND STACK SATS. 🫡

GM

If BTC hits $70k this week we're following everyone who replies to this.

As we sprint toward the 2024 US Presidential election the case for using bitcoin as an asset to store value for the long term has never been stronger. The insanity of the incumbent power structure is being laid bare and it is becoming impossible to ignore the headwinds that the Borg faces moving forward.

Yesterday morning and earlier today it became clear that inflation is rearing its head again. Not ideal for the soft landing Jerome Powell and Yellen are signaling to the markets after the first Fed Funds rate cut in years.

It seems like the yield curve predicted this earlier this week when it inverted after a temporary normalizing period after the Fed's rate cut. Futhermore, it is becoming glaringly obvious that running historically high fiscal deficits while interest rates were at multi-decade highs was a pretty bad idea. As James Lavish points out, the data from the CBO earlier this week shows that the US federal government is running a deficit that is 13% higher than it was last year. This is at a time when real wages are still depressed, inflation is still suffocating American consumers and the private sector job market for American citizens is cratering.

Speaking of the job market, the numbers that came in yesterday were worse than expected:

The effect of Hurricane Helene should certainly be taken into consideration when looking at this jobs miss. However, even with the miss we know that these numbers have been under reported for years to make the economy seem healthier than it actually is. Even with Helene's effect taken into consideration this print will likely be revised higher 3-6 months from now.

All of this points to a breaking point. A breaking point for the economy and, more importantly, a breaking point for overall confidence in the US government and its ability to operate with any semblance of fiscal responsibility. The chart that Pierre Rochard shares in the tweet at the top of this letter is the only chart that matters for anyone attempting to gauge where we find ourselves on the path to bitcoin realizing its full potential.

There is $133 TRILLION worth of value sitting in global bond markets. Bitcoin is a far superior asset to store one's wealth in. Bond markets are beholden to the whims of the actors who issue those bonds. In the case of the US Treasury market, the largest bond market in the world, the US government. And as we have pointed out above, the US government is recklessly irresponsible when it comes to issuing debt with a complete inability to pay it back on the long-term. Inflation is up, the jobs market is cratering for the native born Americans who actually pay taxes, and the push toward a multi-polar geopolitical landscape is becoming more pronounced by the day. All of this points to a long-term weakening in demand for US treasuries.

The only way out of this mess is to overtly default on this debt or inflate it away. The latter will most certainly be the route that is taken, which positions bitcoin extremely well as people seek the confines of an asset that cannot be debased because it cannot be controlled by a central authority.

The levels of sovereign debt in the world are staggering. Do not let the bitcoin price consolidation of the last six months lull you into a state of complacency. Even the results of the Presidential election won't have a material effect on these dynamics. Though, a Donald Trump presidency would certainly be preferable if you prefer to see relatively sane policy enacted that would provide you with time to find safety in bitcoin. But, in regards to this sovereign debt crisis, that is the only benefit you can hope for; more time to prepare.

I'll leave you with some thoughts from Porter Stansberry:

"We are about to see the final destruction of the American experiment. Every economist knows this (see below) is correct; but nobody is going to tell you about it. I’ll summarize in plan English: We are fucked.

1. Debt is growing much faster than GD and interest expense is growing much faster than debt; and the real growth in entitlement spending hasn’t even begun yet.

2. Progressive taxation means nobody will ever vote for less spending + the combined size of government employees and dependents, there’s no way for America’s actual taxpayers (about 20m people) to ever win an election, so the spending won’t stop growing and, ironically, inflation will make demands for more spending to grow.

3. Inflation undermines both economic growth and social cohesion. The purple hair man-women weirdos are only the beginning; what comes next is scapegoating jews, blacks, immigrants and a huge increase in violence/domestic terror.

Get ready America. This election has nothing to do with what’s coming. And neither Trump nor Kamala can stop it.

Our experiment in freedom and self-government died in 1971 (when all restraint on government spending was abandoned with the gold standard.) You can only live at the expense of your neighbor until he runs out of money.

And that day is here."

---

Final thought...

I hope my tux still fits for this wedding.

Enjoy your weekend, freaks.Use the code "TFTC" for 15% off

there’s no way for America’s actual taxpayers (about 20m people

THERE IS A WHOLE GENERATION THAT THINKS ENGAGEMENT IS MORE VALUABLE THAN A STRONG FAMILY.

FOCUS ON FAMILY. WORK HARD. SAVE IN BITCOIN.

The #Aurora Australis came out and tonight we were lucky to have a clear sky. The reality is the pictures look better than what it looks like to the naked eye. Even then it was amazing. Definitely go see them if you have a chance.

The #Aurora Australis came out and tonight we were lucky to have a clear sky. The reality is the pictures look better than what it looks like to the naked eye. Even then it was amazing. Definitely go see them if you have a chance.

you have no idea

#green #iceland #aurora #northernlights #sunday #stars #nature #photography #reykjavik #64degreesnorth