Canes has the best decorations…

I am confident that #Bitcoin will reach $10M by 2028.

My research model is Hope.

- nostr:npub1ptvgcvtea5vrwkn2v7klqy9lcrf3k0fqlqkc2fwje45phgtn97kqrdnk9f

#BitcoinTwitter

GM. The IMF is the final boss.

Of course not, but they always have, so you can't compare other countries and us quarters/years without it.

Atlanta Fed's GDPNow indicator, which estimates the current quarter's GDP growth based on a rolling set of economic indicators as they come in, could currently best be described as "rekt".

Eric Trump has just said: "Feels like a great time to enter [Bitcoin] #BTC! 🚀 "

Get that money printer pumping

The US doesn’t have money.

Now I need both!

I need some new shirts.

#bitcoin

nostr:note1dvt6zy7gsqrpqnppfjt2d75wmed889xd98k7azanztugnycfz3aq2ccyj4

The meme is outdated. We now only use the olympic shooters format

Love this old car.

not really, at least not for me. I think moving the location of the conference is good; the die hards will travel no matter where, and you can inspire locals to go who otherwise wouldn't make a trek.

I personally understand Bitcoin Magezine is a company with their own incentives and will highlight in "the bitcoin world" will be beneficial to them first and foremost

I am personally more interested in the discussions happening on the OS stage, and would appreciate one camera pointed that way. I don't expect the same production value as what they're pouring into the main stage. but I'm just one pleb with an opinion - clearly not their intended audience lol.

thankfully there are other more technical conferences to fill the gap; but I feel like this conference has the platform to do more, and do it better.

extreme respect to nostr:nprofile1qqs8k0mcqd6sw3h524qn5gslszt9am9knmes3uh268dgnnpv3yfwj6qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz8nhwden5te0dehhxarj94c82c3wwajkcmr0wfjx2u3wdejhgtcppemhxue69uhkummn9ekx7mp0wy5a35 for speaking truth to power when he was at the panelist desk; showing disgust and discontent with the direction the Magezine has gone with arranging this conference. at least, that was my interpretation.

How will ethereum ETFs do today?

Today feels like a Texas BBQ day!

GM.

It is remarkably important to be friends and acquaintances with people who think very differently than you.

Because a lot of it is visual and measurable, and occurred within the past decade, Egypt is currently providing a useful case study in the perils of central planning.

The country over the past ten years (when current leadership took over) took on $120 billion in external debt, and also used a lot of local deficit spending, with the reasonable goal of building lots of new infrastructure, alleviating congestion with new cities, and boosting international tourism to what are some of the best beaches in the world.

But details and order matter. And an entity with a monopoly on violence has less incentive to get the details and path dependence correct, and has fewer error correction methods built in than private developers do.

So the government built a big network of roads and bridges, which helped somewhat, although many of the roads are badly designed and always delayed. They built an entire new capital city for the government and military HQ, along with business and residential districts, which nine years in is still mostly vacant. They are developing the north coast city of El Alamein, but unlike well-designed private developments (eg in El Gouna on the Red Sea), the government was heavily involved for El Alamein, did massive overbuilding with incongruent designs that will take decades to fill (by which time the buildings will be deteriorating).

Now they have chronic power outages due to insufficient power generation. They are building their first nuclear facility, but it only began in 2022 and won’t be finished until 2026 or later (probably later). Maybe they should have started that facility earlier, before their now-empty city…

The average Egyptian pays for a lot of this through currency debasement. They look around and say “yes there are new bridges and entire new cities, but it takes me more hours of work to afford a car than it did ten years ago and there are three-hour power outages each day…” Basically they get taxed in opaque ways via debasement, and don’t benefit from most of the development that they are paying for.

And while those developments might make sense if successful, the order of development, the details of development, and so forth have clearly been suboptimal.

Anyway, good morning.