Hopefully if #bitcoin adoption creeps along slow enough, democracies can elect in new delegates that understand the innovation bitcoin is and can litigate for bitcoin.
Bitcoin doesn’t need politicians, but democracies need bitcoin
#bitcoin bear markets are like the season of Winter.
We are no longer in Winter… spring and summer have arrived
Increasing global dollar debt increases total demand for US dollars short to medium term and at the same times makes the system more fragile over the long term (increases in inflation and probability of deflationary collapse)
Increasing nominal Global dollar debt both makes the US Dollar so much stronger and so much weaker
More debt creates short term inflation… increases reserve demand for US dollar… higher debt loads increase the likelihood of deflation global debt collapse… the Federal Reserve prints money to recapitalize system… this locks in the short term inflation created when the debt was created and saves the system from deflation… the cycle then restarts
Financial Advisors are used to stock picking and call gold unless because it has no cash flow… Advisors will allocate to Shitcoins more broadly, not #bitcoin
And if advisors do buy #bitcoin they will lend it out to earn yield. Advisors will get rekt
Buy #bitcoin
Currently financial advisors are handcuffed by broker dealers and RIAs, they are not allowed to allocate to crypto… this cycle those chains will be loosened and billons in capital will flow into… not #bitcoin , but crypto, because most advisors are clueless.
We are early, #dontgetrekt buy bitcoin
#bitcoin will rip in price and the financial media will hardly pay attention because they will be looking at shitcoins… this cycle is no different, shitcoins will suck in a ton of people and those people will get rekt
The financial media is clueless: every down price move for bitcoin is interpreted as a death knell and every up move is the next bull market! This cycle will be just like the last one…
Bitcoin to $300,000K and then it will fall to 70-100K in the next bear market
In a year or two it’s really gonna suck buying #bitcoin above $100K
#bitcoin will rip hard after the longest bitcoin bear market in history
Just looked at the USD value of my BTC and did a double take… man do I forget how hard bitcoin can rip in USD value… just sucks the prices I have to pay or new BTC
I do not believe Central bankers are knowingly malicious. They are central planning apologists defending a system that they actually believe helps more people then it hurts. They are very likely wrong and central banking cause far more harm than good, but that doesn’t change the fact that they believe this so fervently.
It makes sense that a central planning institution that believes whole heartedly in its mission would attract those of like mind. It is very unlikely that an individual who knows the harm central banking causes would continue to work in that arena. So what you’re left with is a group of staunch hard headed people who believe they are doing what is best for the greater good, despite accomplishing the opposite.
To me it doesn’t seem central banking was an intentionally malicious creation. It seems like one small lie after another intertwined with human ingenuity to prop up a system doomed to fail.
My child just found 131 sats of Change on the ground, gonna set that aside for them in sats for the future🤘
At least it kinda matches my screen name 
After massive credit creation in the economy comes one of two things:
1. Continued expansion of credit creation backstopped by government liquidity
2. A deflationary collapse as violent as the credit creation
Credit is temporary money, it is up to the monetary issuer whether or not that becomes more permanent money through money creation
MMT proponents don’t disagree that monetary expansion can create inflation, they just have the hubris to claim they can “control” the inflation with monetary and fiscal tools like interest rates, taxes, repo, and other govt interventions.
What came first excessive leverage in the economy or government stimulus. It’s a chicken an egg problem.
Either way the governments willingness to provide liquidity to overly levered businesses creates a situation of morale hazard!
Modern economists and MMT proponents all agree on adding more money/liquidity to the system, they just disagree on the tools to use to make sure people don’t spend the money into the economy.
Creating money -> deleverages economy -> companies, gov and people can now meet their debt service -> as long as no one spends it -> inflation doesn’t go up a lot