At some point in the future, children will learn about how people used to work for money that stole from them.

Pictures of the thieves were often printed on this money.

Each country had different thieves, so each had their own version of theft money.

"Sounds ridiculous."

Inflation is an increase in the money supply. Rising prices are merely a symptom of inflation.

Remember this when they blame inflation on the supply chain, or Putin, or greedy corporations.

As Milton Friedman said, "Inflation is always and everywhere a monetary phenomenon."

To boycott the current political climate, people are buying nothing today, Feb 28.

If you really want to invoke change, instead of buying nothing, you should be buying Bitcoin.

We are used to the idea of unit bias in Bitcoin.

But now, we are experiencing a new kind of "correction" unit bias.

Nothing has changed. A 30% correction is completely normal. But now, a 30% correction is $30,000.

Bitcoin does not end investments.

Bitcoin returns the ability to save in money, so we can invest out of desire, as opposed to necessity.

We don't have to invest, we can CHOOSE to invest in companies we actually BELIEVE in.

Efficient allocation of capital.

Imagine that.

"Hustle culture" isn't necessarily something to be celebrated.

"Hustle culture" is born out of the fact that monetary inflation is making it increasingly impossible to get by on a single income.

It doesn't have to be this way.

Government, in a fiat system, must grow forever by design.

As the government expands, it does so at the expense of the private sector.

Let this system run over time, it inevitably leads to totalitarianism.

We must rewire the math.

Bitcoin is becoming geopolitical gunpowder right in front of our eyes.

It's "Join, or Die" time.

USA LFG 🇺🇸

For decades, we have compared the dollar against other fiat currencies.

It was always the least dishonest amongst dishonest monies.

It was the "cleanest dirty shirt," as they say.

Enter Bitcoin

Absolutely scarce, honest money

A clean shirt

The game has changed

Many people on earth never had a landline phone, they jumped the shark straight to the cellphone.

In similar fashion, some countries with failing currencies will collapse into the dollar, but as soon as Bitcoin is large enough, most will jump the shark straight into Bitcoin.

We knew the game theory would come for individuals.

We knew it would come for corporations.

We knew it would come for financial managers.

We knew it would come for sovereign wealth funds and nation states.

But, let's be honest, did we see it coming this soon?

Bitcoin is about to teach the whole world a lesson of absolute scarcity.

I applaud all y'all for getting to class early.

👏

Bitcoin is always seeking equilibrium

Price

Hash power

Fees

Difficulty

...

Bitcoin is an elegant equilibrium seeking machine

The government shouldn't control the size of the money supply.

The money supply should control the size of the government.

🇺🇸

We've kicked the debt crisis up the stack from the banking level to the sovereign level.

"Too big to fail" has become "Too big to bailout."

Prepare yourself for the reset.

The incentives are undeniable.

The choice is simple.

Individuals

Corporations

Financial managers

Pension funds

Endowments

Sovereign wealth funds

Central banks

Nation states

Join, or die

If anything is "transitory," it's this tiny dip in the M2 money supply.

If anything is going "higher for longer," it's the M2 money supply.

"Government has no other end, but the preservation of property."

~John Locke

Inflationary currency is a direct assault on private property.

Government is derelict of this duty.

We all deserve better.

Inflation disincentivizes saving.

Without savings, there is no capital accumulation.

Without capital accumulation, there is no prosperity.

Bitcoin realigns these incentives.

Saving is possible.

Capital accumulation is possible.

Prosperity is possible.