Interesting how quiet this release was, considering its significance: the world’s largest asset manager deeming BTC a perfectly deflationary store of value that bears no direct correlation to events causing macro volatility…a pure hedge against chaos and geopolitical unrest. Modern day kings are aligning themselves to a newfound source of power.
The sheer power of Bitcoin is something that gets lost, IMHO, in the many narratives about this asset. Mysticism is great at drumming up curiosity, but BTC does need to deliver (again, not fundamentally, I’m talking about pure marketing and communications) on the immense opportunity it represents. I was therefore immensely glad to read this the other day.
I work in the marketing industry in NYC. I go into the city about 2x weekly. As part of my commute I pass through some Port Authority, followed by Subway.
Sometimes, things are bad. The subway will have track problems, heat and anger swell underground, and there’s a genuine aura of tension and despair that becomes palpable and suffocating underground.
And then I notice that on the next day, these problems might get rapidly better….albeit with a noticeable uptick in armed police and National Guardsmen.
I feel—and to be clear, this is based on subjective feeling—that there must be some sort of rapid-response social vigilance operation active in major US cities. Some kind of system that measures the potential for social unrest, that deploys armed assets literally to the streets, to stamp out upheaval right at the root, quite literally suppressing any challenge to the fiat-based money-printing system that has created it.
Has anyone else experienced or witnessed some variation of this, either in major US cities or elsewhere?
As someone just recently exiting the US PR and corporate communications industry, I can attest to the fact that PR is nothing more than modern-day bread and circuses. A vapid distraction designed to obscure the populace from the fact that centralized banking is printing fiat currency at a rampant and uncontrolled pace. The American Comms practice right now is solely focused on maintaining a casino-like atmosphere full of “weirdness,” novelties, and edgy brand mash-ups. The hope is that people will just carry on, oblivious to reason, truth, and fact. To these bad actors, #Nostr and #BTC are dual threats to an illusory view of the world. The numerical realities referenced here represent the objective truths that central banks are so desperate to conceal.
On a more serious and less allegorical note, I think you’re hitting on something that’s really foundational to any currency that purports to provide the immense capital infrastructure necessary to help humanity ascend into the heavens. It’s the ability of the infinite to exist within the framework of the finite. Core to that is acceptance of a society based on deflationary valuation, which in turn relies on a shared belief in a limited supply of human capital—the most precious of all.
To answer your question, my musings. Perhaps the temptation to do good is all that is needed for it to proliferate. As with the temptation for evil. Maybe #Bitcoin provides the infrastructure for an accounting for good down to its most fundamental unit.
nostr:npub14d57ftdp7kjcn2u89v6cmzt7vuuyd463tlyrq9hlnlpvnvjtz8jsvl2pql the cat in the hat comes back.
The cat in the hat comes back.
Stars protect stripes.
Blue protects red.
Red came first.
Every paradox reaches its focal point.
Bad acts are a negative feedback loop.
Demons wear butterfly wings.
nostr:note1luz78lxuwqx8vwtdht39ate36vnudwc438dc2kptd7l9ctl9p3zs897sq4

