"When you try to get something for nothing, you usually end up getting nothing for something."
-Larry Elder's Dad
Disney Theme Parks In Trouble! Disney World Attendance FALLING! Chrissie Mayr Reacts
"In this clip from Mayr In The Morning, Chrissie reacts to the news of recent Disney woes. Over the years Disney parks have tried many ideas to try and maximize the customer experience while taking in plenty of money for their unbelievably large company. As the movies over and over release to very little acclaim... one has to wonder where all that lost revenue is being subsidized from. It looks like Disney is under some changes again. The brand new Star Wars hotel has closed as well as many other ploys by the company. As the cost to parents at the parks are skyrocketing it is only a matter of time before Disney charges you for the air you breath in the park. Who knows what is in for the company as time goes by... but hopefully it will be a future of actual epic affordable parks and amazing movies."
BlackRock Buying All Bitcoin Miners?
"In this video, I discuss what would happen if BlackRock tried to control Bitcoin by buying up all of the Bitcoin mining rigs in the world, or by otherwise trying to exert its influence on Bitcoin block production.
If all ASICs drop off the Bitcoin network because BlackRock has acquired them and shut them down, it will again be possible to mine BTC using GPUs or CPUs, as the difficulty target adjusts to make it easier to mine BTC.
Also, just because BlackRock wants to buy a mining rig does not mean that the owner will sell it to them-- especially owners of ASICs in other countries who are not big fans of BlackRock or American financial imperialism.
By contrast, a successful BlackRock Ethereum ETF would be terrible news for Ethereum, as BlackRock and its custodian Coinbase take over more and more block production and even employ government-ordered censorship.
Fortunately for Bitcoiners, Satoshi made Bitcoin proof of work. Unfortunately for Ethereum, Vitalik never really understood what makes proof of work so special, which is why he forked Ethereum to proof of stake."
Most of that is not for veggies. It's for the grains and soybeans grown for conventional animal feed.
Buy organic.
I think most people with that view would say that they can't maintain higher interest rates or they won't be able to service the debt. We'll see if they keep rates "high". We'll see how well they're able to continue servicing the debt.
Also, the fact that real interest rates were not raised all that much, due to the historically high rate of inflation, matters.
That's $1.4 trillion spread out over something like 30 years and 1 billion people. It would be surprising if less than $50 a year made much of a difference for someone, even if the money were used well.
Partly, but a ton of that money just goes to NGO's that pay rich westerners to vacation in Africa while pretending to help people.
I'm all for more general life notes and random thoughts. That gives everyone a chance to jump into the discussion and we can get a better sense of who each other are.
How People Determine the Value of a Good
https://mises.org/wire/how-people-determine-value-good
"In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value."
Taking Back the Meaning of "Inflation"
https://mises.org/wire/taking-back-meaning-inflation
"By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood."
Plus. more adoption by the corrupt oligarchs, reduces the odds of political attacks on Bitcoin.
Rand Paul Tries to Reign In on NATO War Powers...
How Bitcoin Changed BlackRock
"BlackRock's CEO Larry Fink used to spend his time attacking Bitcoin as being bad for the environment and enabling money laundering.
Now, whether through pure greed or some greater form of enlightenment, Fink has become a vocal advocate for Bitcoin, as BlackRock prepares to launch their proposed ETF.
BlackRock's move sends the signal to institutions that Bitcoin is now a safe and acceptable investment asset.
Even though the BlackRock Bitcoin ETF will be Bitcoin IOU garbage, it will still contribute to Bitcoin adoption.
The great thing about Bitcoin is that it channels human greed to spread itself and spread its benefits to humanity.
Greedy humans see "number go up." Meanwhile, humanity gets neutral, sound money."
Got here too late to be helpful, but I was going to say that I've never regretted taking profits too early.
Cringeworthy: Democrats DEMAND RFK Jr is Censored
"Robert F Kennedy Jr was invited by Republicans to testify to the Select Subcommittee on the Weaponization of the Federal Government where Democrats DEMANDED he be censored."
Do you have any thoughts about why that would change?
My hesitancy wrt Bitcoin was exactly that idea. While Bitcoin is scarce, Bitcoin like currencies are not. Now that Bitcoin has built some significant network effects, it could only be displaced by a significantly improved coin.
I'm a fan of his older work, but he's become a bit of an establishment shill in his old age.
I do strongly recommend his analysis of the corporate press. Manufacturing Consent is one of the most important pieces of modern political analysis and I don't think people can have an accurate understanding of what's happening around them without it.
Nice. I made a similar deposit earlier in the summer and I'm currently looking at a balance of 85 sats.