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Theory of Everything
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I make stuff about quantum physics
Replying to Avatar L0la L33tz

https://m.primal.net/PmjP.mov

"With the Dollar backed stablecoins, you'll help expand the dominance of the US Dollar [...] It will be at the top, and that's where we want to keep it"

What he means is:

with Dollar backed stablecoins, the Global South will pivot towards digital Dollars over local currencies, allowing private, US Gov controlled entities to replace bank accounts around the globe.

This does not just allow for the expansion of USD dominance by bypassing local governments – it gives the US unprecedented and direct control over worldwide economies as every stablecoin can be effectively frozen on behalf of the US with the click of a button.

Additionally, it will provide the US with never seen before surveillance capabilities, providing real time access to financial transactions around the globe – fueling the unparalleled public-private partnership between Silicon Valley and the US war machine.

If you are promoting stablecoins, you are promoting the end of national sovereignty in favor of total techno-fascist dystopia.

I think you are confused in the sense that people in the global south are just enjoying the freedom of having their own local currency in a bank that services their needs well. Most people in the global south have no bank account or real savings and a digital standard will greatly increase their access to financial services as quickly as they can get a smartphone. If you think “techno fascism” is bad try extreme poverty.

I think there is more to this statement, The opposite is also true. If you do not consider yourself, You have nothing to give anyone else. The middle line is to do your best for yourself, And accept what you are capable of, And show compassion for others who are capable of less, And to not compare yourself too much to people who are capable of more. Most roles in life are artificial to categorize people in easily understandable roles that people can comprehend without much thought or understanding. Looking outside yourself for validation usually comes from not understanding your own role or capabilities and this is where self obsession is toxic. Knowledge of self is the most valuable thing.

Trump can’t shake the fed. Change my mind.

All I’m saying is, You have no right to feel poor.

You think your life is hard huh? You think you are poor because of central banks huh? You think bitcoin fixes this huh?

Just as a fun thought experiment, Let’s put things in perspective.

In developed economies, “poor” is 16,000.00$ a year or less. Median income is around 70,000.00$ a year, And rich is 100,000.00$ a year or more, Up to 400,000.00$ a year. After this point it’s not your money, It belongs to a corporation. 100,000,000.00$ one hundred million dollars, Is where wealthy starts. The opposite spectrum is: Developing economies. 60% of the world lives on 5 dollars a day, And of that 60 percent, 35% live on 1.50$ per day. Imagine being 60 years old with eight grandchildren and growing a crop of tomatoes to trade for 40kg of rice and a couple chickens, And somehow earning 1.50$ per day otherwise.

Now back to the wealthy spectrum. 100,000,000.00 will buy you a small boat in the harbor of Monaco. 60,000,000 will buy a small apartment in Monaco, But you would never live in it, It would just be so you can become a citizen and enjoy a tax free domicile. One hundred million to one hundred billion is not much difference in lifestyle, Just the numbers associated with what you buy are bigger or smaller. It’s above one hundred billion that you start really making waves. This is the spectrum where you start thinking about buying the debt of countries. Where people will literally die in developing economies because of your bad business decisions, Where you are so isolated from the rest of society that living on a Yacht is because there is no way for you to get away from people in “normal” lives that you have to go out to sea.

So do the math. You don’t race formula one, But Max Verstappen is not going to buy the debt of Greece any time soon.

Imagine 8 billion private jets.

No, I am a physical manifestation of electrical current from the universe walking talking shitting and eating. What is person?

Most people look at mixers, Although I think a coin join or mixer is probably the easiest way to get “ill” coins. Kind of a rush the gate, They can’t catch us all kind of logic. I value my digital privacy from a perspective of self preservation, But not because I have bitcoin that is not associated with my identity, But because bitcoin is a full consequence world where nobody is coming to save you and you can get robbed by a nerdy kid in their parents basement without him leaving his house. I pay taxes mainly because tax evasion is a felony and prison sounds less appealing than paying capital gains. The idea that one day the government will fail because bitcoin is a better alternative is in my mind a psyop that creates criminals. If anything central banks will adopt bitcoin when it is obvious they are about to fail. The number of people who are technically literate enough to use bitcoin far under-weigh the amount of people who live in perpetual fear of the government. A CBDC will just feel like a federal bank app for people who don’t know how to code and use a smartphone every day, And who have not lived like criminals in the name of digital freedom. I still see bitcoin as a hidden asset that most people can not make sense of, And it will be associated with Donald Trump, A Russian agent. Popularizing it around a criminal president is just going to give more fuel to the humanitarian left that is giving you the safe and legal CBDC that is backed by bitcoin confiscated from these evil bad guys. It is a careful balance of building your own wealth without going to prison. I probably would have a better chance of robbing a bank to get rich than being given the same amount of money in bitcoin and facing the same amount of prison time for it. Sam Bankman-Freid is doing 25 years. How many people went to prison for January 6th. Watching the “shadowy super coders” suddenly fall for Donald Trumps bullshit psyop makes me really lose faith in these high iq individuals who just want number go up.

Plausibly. If you were under investigation, You would go to court, And explain how you got said coin. If you did get Bitcoin that came from say, Russian hackers, They would probably just take it and you would get no compensation, Thank god for bureaucracy. If you got it in some “legitimate” business dealings you could probably sue whoever gave it to you and find compensation after a long litigation process, As fun as that sounds. It is really a hard double standard to walk. Most hardcore bitcoiners value their privacy for this reason. I entered the market when exchanges went live well after the FBI did their thing about Silk Road and realized they could make money by selling “dark web” coins. The rare individual who was financially literate enough in 2009 to realize the potential of bitcoin, And technologically competent enough to watch how the network progressed through all that time probably was already rich from a job in Silicon Valley. I think the majority of wallets with 1btc + have some kind of cybercrime attached to them. Working and saving up to 1btc is a pretty pathetic and pleasure averse experience. Foregoing any useless spending excludes you from about 80% of the western economy. Most of the influencers in the bitcoin space would be considered criminals by government standards.

Trump is basically saying, Fuck you Silk Road, Your Bitcoin now belongs to the Federal Government. If you have ill gotten coins watch out.

Could a revaluation of the TGA through a Ft. Knox audit create the next Bitcoin bear market?

https://youtu.be/r6Qd-pC0wJ8?si=EIu_bCl8rona86gE