Ouch. Savage.
But I wish I had this advice in 2013.
There are 4 ways to solve a global super power debt crisis:
1) cut spending
2) increase tax revenue
3) inflate currency
4) permit global war amongst all debt holders, make bank selling weapons/war profiteering to redeem debt, win war and keep super power at center of new monetary system.
Look around. It’s happened before:
1933: US defaults on gold standard, issues executive order 6102 to confiscate gold (https://en.m.wikipedia.org/wiki/Executive_Order_6102)
1944: US only currency backed by gold, all others pegged to dollar (https://en.m.wikipedia.org/wiki/Bretton_Woods_system)
Look around again: it’s happening now too!
When did world war 2 start? How did you decide on the date you picked to answer the question? Now go back in time to that date, would _everyone_ agree that’s the date the war started? No!
You see, we won’t realize world war 3 has begun until years later. There is a good case to be made WW3 started when Russia invaded crimea in 2014 or Ukraine in 2022…
When wielded well, yes
Guns should feature more prominently in popular culture, in a positive light
This sort of happens in real life. Supernumerary breasts can lie along the so-called mammary line from the axillae, across the anterior chest where conventional breasts are located, down the abdomen and to the scrotum/vulva. The amount of nipple & breast tissue can vary and breast cancer can occur at these sites.
Prices rise like this, despite the fact that productivity gains should have driven the price lower. Imagine how much we are really losing…we are getting cheated out of deflation and pay the inflation penalty.
Wouldn’t that be a foursome?
I don’t know about you, but I only have 1 penis…and I’m not aware of any anatomical variants that grant supernumerary penises…although that would be epic.
Your eggs are older than your nipples…
Eggs are present at birth. The whole lot. So, interestingly, a woman who has a grandchild through her biological daughter had the egg for the grandchild inside her own body (inside the daughter). Crazy to think about.
It’s still there…at some places. But there’s not much on it.
My best guess is that Europe will erupt in war with Russia and we will bail out the Europeans after hesitating to join the war until we’ve made bank off of selling them weapons. Then after the war we can start a new financial system.
Worked last time we had a monetary crisis.
I guess it’s why they say all wars are bankers wars.
They also always say that when politicians are given the choice between increasing taxes, decreasing spending, or inflating the currency, they always pick inflation.
Maybe most nations are limited to these three options, but perhaps the US has a fourth choice: allow the world to descend into war and chaos by withdrawing military support and/or providing weaponry to belligerents and then profit off of military industrial complex and take the power to dictate a new financial system.
So, you know how the aftermath of WW2 was a new monetary system with the US at the center?
This is why we “need” WW3 right now. Letting Europe recapitalize the US is how we will get out of the debt spiral we find ourselves in.
I’m not kidding. Why did we transfer so many weapons to Afghanistan? Because they will fight Russia again, like the 1980s.
Europe will erupt in war with Russia and we will join after milking the Europeans for war profits before we join, finish the war, and setup a new financial system. I don’t know if Bitcoin will be a part of it, but war may be how they attempt to confiscate your coins.
Criminals won’t attack you if they can’t get your coins. But governments will murder you if you give up your coins…they don’t care that they didn’t get your coins (unlike a criminal who needs an incentive)…they’ll get some bitcoin from some people and as long as they can eliminate most of everyone else’s coins, they will profit. Criminals don’t typically have this much reach (unless they get elected).
Seriously consider the above scenario. I think it’s got a 50/50 chance of becoming reality.
This doesn’t mean you can’t be taxed on gains. But I’d argue you can’t be taxed for swapping UTXOs (as you might do when withdrawing from an exchange or moving your coins from a compromised seed phrase to a new seed phrase) and maybe even between bitcoin and stable coins or 💩 coins.
In the United States, the federal government is prohibited from taxing your rights. If bitcoin is speech, there is an interesting argument to be made that such speech cannot be taxed.
I need to redo my private key setup for the anticipated 10x this cycle. This takes practice practice practice before moving in. I don’t think iOS can help me broadcast a transaction privately (iOS has a shared clipboard feature that shares your clipboard memory with Apple, and typing in a transaction by hand takes so long that tor browser times out).
Just used it for the first time yesterday on whatever the latest iOS version is. Worked fine.
Yes. Time is a political decision. You won’t know who is truly older without time zone info. https://en.m.wikipedia.org/wiki/ISO_8601