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Omekau
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“Beauty will save the world.” Book review Instagram: @themusingcatholic

Only the rich ones do, not the traditional finance plebs.

Might be a good time to show them way? (Insert Bitcoin emoji)

Replying to Avatar Poppz

Finance bros in shambles

The dynamics in real estate are very weird right now, at least the way I’m understanding it. Increased rates could pummel commercial maturity but for traditional finance it seems like a better haven for cash than the alternatives… very very weird.

As Jimmy Song aptly put it, thank God for Bitcoin.

Does housing see a demand increase in the scenario where bank deposits seek refuge elsewhere?

Only explanation I can think of (aside from people not understanding bitcoin) is having dollar denominated debts owed that people need to quickly convert from a very liquid asset aka bitcoin.

If a normie is worried about a bank run, what’s their best recourse (aside from bitcoin)?

Only the disciplined ones in life are free. If you are undisciplined, you are a slave to your moods and your passions.

Eliud Kipchoge

How does Finance Capitalism get realigned, if at all possible? Does it require forceful revolution, peaceful religious values instilled over generations, or even an economic wipe out (over-leverage, inflation, money printer, fractional reserve banking, etc) for reform to take place? It seems like the incentive structures of wealth siphoning to the handful of elites is too strong to break otherwise.

Totally fair. I agree with the larger elections, if the current administration doesn’t prove to Americans that President isn’t calling the shots, isn’t serving the people, and is catering to corporate interests, then I don’t know what will.

At a local level I feel more of a reason to go out and vote. While what we call “democracy” has the issues you raised, when I have to live with the repercussions of the elected it’s in my best interest to play the game as morally deprived the system may be.

Cheers!

Is capitalism antithetical to Christianity? The promotion of greed, growth at the expense of humanity (slaves, children, and immigrants are the cheapest laborers), wealth concentrated at the top, etc.

Even if you find yourself in a completely losing position, there’s still a best move.

Suerte 🫡