This.

My father passed away in his early sixties before he even had a chance at retirement.

To this we can add that the social security system is a scam - gen X and future generations will not be able to exist, and certainly not independently with their dignity in place, on government handouts.

In the face of the threat of CBDCs, which are programmable coupons that can be restricted in any manner imaginable, Bitcoin is the only chance of permissionless hard money that cannot be debased.

I wrote a short program that calculates the loss of purchasing power over a 45 year career. If the taxrate was zero and inflation was "only" 2% per year, the loss of purchasing power on savings is ~35% over a 45 year career.

Below is a visualization of 6 examples of how savings are impacted by taxes + inflation on a year-by-year basis.

After 45 years of work, the savings from the first work year might have lost 96%+ of its purchasing power.

Middle Earth update.

After Aragon's victory, female trolls announce that they are going on a sex strike.

This is why US elections matter for free speech in Europe. Thank you JD Vance, my initial skepticism was misplaced.

$76k.

$75K Bitcoin.

Orange coin back.

This reminds me that ~90% ethnic Norwegians had the experimental mRNA jab at least once.

Sweden in particular and Norway to some extent have been an epicenter of woke ideology for decades. Glad to see some pushback.

It is time to reject the UN Agenda 21 + 2030 and its climate alarmism. Civilization is downstream from energy. Until Quantised Inertia allows for cheap energy, we should "drill baby drill".

Upcoming:

Bitcoin bullrun.

Free Ross Ulbricht on day one.

US Bitcoin reserve.

Ron Paul cutting govt regulations.

No tax on tips.

Federal income tax on the chopping block.

Energy abundance and a rejection of climate alarmism.

The 2024 content patch update is not boring.

#Bitcoin is the way.

FreeRossUlbricht.

GM $71K. #Bitcoin

Let's bury CBDCs and go Bitcoin.

Amazing. I particularly love that natural rock archway. This is gold.

We are officially back in the early bull market phase. Add the upcoming US election which is basically a pro-Bitcoin vs an anti-Bitcoin election. (Plus free markets vs communism)

This thing will explode upwards.

As many of us have remarked over the past few years, this was planned all along and it fits perfectly with the government strategy of printing money. As inflation worsens, individuals become dependent on government handouts for survival.

The final stage of paying out some form of UBI (or targeted UBI) in programmable CBDC's is now piloted in Thailand as Efrat explains and can be expected to arrive in all nations that are on board with the UN Agenda 21. That would be approximately the same 179 nations that signed the UN Agenda in Rio de Janeiro back in 1992.

Bitcoin is the only liberty money competitor to CBDC's that offer a global game theory strategy where capital flight can pressure governments to improve their regulations in favor of individual liberties and property rights.

Yes, for most people, staying and resisting CBDC's is the best option.

Yet, it is also the case that since many individuals and entrepreneurs go where they are treated best, a greater game theory plays out where nations have to compete to keep capital, entrepreneurs and skills from leaving. This competition will benefit individual liberties and property rights, albeit may take years or decades to have an impact.

Both of these strategies are necessary and all we can do is choosing the one that aligns with our hearts. Italy is certainly beautiful, as well as large parts of Europe. If I stay or leave, I am still thankful for those that go where they are treated best. Their capital flight will put pressure on the authoritarian jurisdictions.

Agreed.

In the choice between an Elizabeth Warren (Democrat) style regulatory structure that is openly and extravagantly hostile to all non-CBDC tech, vs a shitcoining candidate who is positive to Bitcoin and "crypto", the latter aligns with individual liberties and property rights while the former is acid to modern civilization. Add the de-industrialization UN Agenda 2030 programs that attack energy usage, travel, production and consumtion.

Under a system of property rights we will not agree with all adult consensual behaviors but they are protected none the less, with the benefit of our rights being protected as well.

Shitcoining shows a poor judgement, yet many of us maximalists have recovered from that kind of past bad judgement. The process of liberty alignment is not equally fast for everyone.

Promote pawn to a queen, then rook to F6 should work.