Sorry, that was supposed to be a joke. I suppose in hindsight that I should have added a funny gif to the note.
Wishing you all the best!
The machine revolution is here and nobody saw it cumming.. https://video.nostr.build/c2c0a0ea35ceda8272cd60ef654e9c77f76341cc22284c7b1fe30b1c534860d2.mp4
Terror Threat? NYC Now Deploys "Largest Military Presence In Subways Since 9/11 Aftermath"
Terror Threat? NYC Now Deploys "Largest Military Presence In Subways Since 9/11 Aftermath"
New York Gov. Kathy Hochul beefed up the number of New York National Guard members patrolling NYC subway stations, marking the largest military presence in the city's subway system since the aftermath of 9/11. This heightened security measure coincides with mounting public hysteria over unidentified drones in NJ-NY airspace and the rising threat of terrorism.
On Wednseday, Gov. Hochul told reporters that 250 additional Guard members will join the already https://www.zerohedge.com/political/terror-threat-nyc-mobilizing-1000-national-guard-troops-subways?ref=biztoc.com
to combat rapes, murders, and robberies that plague NYC's subway system.
In March, when we heard about the initial deployment, we asked...
Terror Threat? NYC Mobilizing 1,000 National Guard Troops In Subways https://t.co/OKN0DiUeMt
â zerohedge (@zerohedge) https://twitter.com/zerohedge/status/1765563049136607500?ref_src=twsrc%5Etfw
"This marks the largest military presence in the city's subway system since the aftermath of 9/11," local paper https://gothamist.com/news/hochul-says-nyc-subways-are-safer-then-sends-in-250-more-national-guard-troops
noted.
Really need rifles to combat criminals in the subway? Seems like there has been an ongoing terror threat.
BREAKING: New York National Guard and State Police have arrived at NYC Subways after the governor deployed them to combat a big increase in violent crime
Perhaps if New York prosecutors weren't soo busy going after Donald Trump, they could spend their time locking criminals up https://t.co/4wWbzgogzY
â George (@BehizyTweets) https://twitter.com/BehizyTweets/status/1765516965781647869?ref_src=twsrc%5Etfw
The governor said, "I've heard from many people that the presence of the National Guard has made not just a physical difference, but a psychological difference in how they feel about safety. When people see a person in uniform, NYPD, MTA, transit, even our national Guard, they feel more secure than why it's a deterrent to those who would break our laws and threaten other riders," adding, "They see that sense of security that if they have a problem, there's someone there to help."
Hochul credited the increased military presence, first deployed in March, with making riders feel safer...
?itok=cW5fPjN8
Sure, increasing the number of Guard members to combat subway crime might make sense. But why not simply beef up NYPD patrols? Or the threat is much larger than NYPD officers can handle. There must be something the government is failing to tell folks in NYC - just like the feds went weeks with keeping the public in the dark about mystery drone flights in the region.
The most alarming issue NYC faces comes from disastrous Biden-Harris' open borders that flooded NYC with upwards of 200,000 unvetted migrants, some of whom may be https://www.zerohedge.com/political/coming-your-community-biden-harris-open-borders-transforms-america-terrorist-playground
.
In the short term, the threats to the homeland are rising, as https://www.hstoday.us/featured/column-the-strategic-fallout-how-isis-al-qaeda-and-hezbollah-could-leverage-the-october-7-hamas-terror-attacks/
by Dr. Mahmut Cengiz, an Associate Professor and Research Faculty with Terrorism, Transnational Crime and Corruption Center and the Schar School of Policy and Government at George Mason University:
"Radicalized Hamas members may increasingly look to Al-Qaeda as a more viable destination for their operations, given Al-Qaeda's growing capabilities and its strategic ties to Iran. This shift could significantly strengthen Al-Qaeda's position in the region, making it an even more formidable threat to Western and Israeli interests in the future."
While Hochul claims beefing up the Guard's presence to the highest levels since the aftermath of 9/11 is merely to combat crime, the expanded deployment is likely a response to a more significant threat than drug addicts and rapists, considering Democrats have transformed America into a "https://www.zerohedge.com/political/coming-your-community-biden-harris-open-borders-transforms-america-terrorist-playground
" with open borders.
https://cms.zerohedge.com/users/tyler-durden
Thu, 12/19/2024 - 11:05
What are they looking for in the subways? Drones?
Thanks for the zap! I'll definitely spend a few hours today considering how wrong I was, and debating whether I should delete Amethyst and withdraw from public life.
A damn shame, considering I have developed a newfound appreciation for 5-figure bitcoin...
Also, hard advice is much better taken if accompanied by a zap.
5k sats awarded to nostr:npub1uw6lgv5qyexx68fwgdmwt3w7v3dwv679sray2ncpkug70ad7a8gqut3tay for why #nostr works đ¤đź nostr:note1dft2jclc8e54xchf994t69krquvyr2gzjht35p0n9yrzvwtxr8aqdcjv4l
Awarded 21 more sats. đŚ´
This is an underrated feature.
Any time I respond with a slightly snarky tone, I do my best to send a zap as well.
It's like a "đŤ", but with more skin in the game.
đ¤ Borrowing against your bitcoin? From today's issue of FIRE BTC, here are my abbreviated thoughts on leveraging your BTC stack đ
When pursuing FIRE, we spend years stacking assets like stocks and bitcoin to reach a savings portfolio goal to sustain our ongoing expenses. Once obtained, the standard and most simple way to live off your portfolio is to sell these assets slowly, at about 4% per year (the 4% rule).
Is there another option? Maybe.
An exciting and interesting idea is to borrow against your bitcoin instead.
Borrowing against the assets you own to buy more assets enables you to take advantage of unavoidable dollar debasement.
Doing so allows you to access dollars now, while delaying the sale until the end of the loan term.
The hope is that bitcoinâs value continues its relentless march higher, above and beyond the rate of fees and interest needed to service the loan.
A few thoughts and best practices:
đ¸ Before taking on any debt, make sure you have a plan for the interest payments. This could be from other income sources, selling a small portion of the bitcoin, or paying interest from the loan proceeds.
đ¸ Just as important as paying the interest is being able to maintain the margin requirements for the loan. You donât want to be a forced seller at a low price, so itâs imperative that you have a plan to maintain the collateral position of the loan during price drawdowns.
đ¸ Look for fiat financing first. The fiat world is built on debt, and there are plenty of other options available for loans that will likely have better terms than a bitcoin-backed alternative.
đ¸ Be conservative. Consider borrowing against your bitcoin only after its value is large enough where you only need to leverage a small portion of your overall stack to meet your needs.
đ¸ Understand your counterparty risk. Borrowing against your bitcoin means giving up full control over it. Whether from malicious intent or mismanagement-turned-bankruptcy, many people have been burned because they did not understand the counterparty risk they were exposed to.
đ¸ The banks are (probably) coming. When the banking industry comes to play, they will bring massive amounts of capital for lending against bitcoin, which should drive down rates and make loan terms more competitive.
Iâm an advocate for leveraging the fiat financial system to get wealthier more quickly. I believe bitcoin will usher in a world less reliant on debt. Until then, we might as well embrace it.
Want to read the full post? You can find it here đ
https://firebtc.substack.com/p/borrowing-against-your-bitcoin
Don't forget to subscribe for weekly content on how bitcoin is FIRE friendly!
I can't wait to give this a read.
I've also advocated using fiat leverage to secure more sats, and am working on an article laying out my credit leverage journey and the lessons I've learned along the way.
Really interested to see what parallels I might find in your article. Adding to the reading list.
Beyond this, the total automation of the process removes concern about short-term price fluctuations for me.
I used to see fiat hit my account and agonize over whether I should buy Bitcoin then, or hold out for a lower price. I'd sit and stare at the charts, trying to find the correct path.
My current strategy makes for a more peaceful life. I provide value to the world, and know I'll get Bitcoin in exchange. The price will be what the price will be, but in the end, I'll just be living my life and working on developing my skills.
I believe it's optimal for this portion of the cycle. It's hardly a fixed strategy though and will be adapted and changed as market conditions evolve and the cycle continues to play out.
I just can't find a good reason to keep fiat around in times of likely appreciation against fiat.
As I approach 4 years as Bitcoiner, it's really interesting looking back on the turns my journey has takenâthe lessons learned and the personal changes that have taken place.
Currently working on two articles, the first a look at the use of fiat credit leverage in acquiring more bitcoin, the second a retrospective of my first 210,000 blocks as a Bitcoiner.
The lines between these two are somewhat blurred, but I've found myself coming away from working on them with a deep and profound sense of gratitude. I'm greatful for the asset and the newfound sense of freedom it has granted me, and greatful to all the friends I've made along the way who have added brightness and color to this journey.
Choose whichever option suits you and your mental state best. Some of us don't mind seeing our net worth fluctuate wildly, others are more severely negatively affected by this.
We're all on our own path, we all have our own lives to live, responsibilities and obligations to uphold.
Determine what method allows you to live your best life, and live your best life.
I write a bit about how I live on a Bitcoin standard, but this is just to share my journey, and the lessons I've learned along the way.
You do you anon. Who am I to tell you how to Bitcoin?
...unless than dip coincides with payday...
I have this thing called a job that pays me an income, but that income is auto-converted to sats so I never have any dollars.
I have an income, but can't buy dips. I'm always all in.