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The Road Narrows For The Bull Market

The Road Narrows For The Bull Market

Submitted by https://quoththeraven.substack.com/p/the-road-narrows

I’ve been https://quoththeraven.substack.com/p/behold-the-era-of-fartcoins-majesty

that I think crypto could wind up being the canary in the coal mine for future market volatility. I think it was Shakespeare who once said: “So goeth fartcoin, so goeth the entire global economy”.

And just a couple of weeks ago, when Google announced the arrival of their Willow quantum computing chip, I https://quoththeraven.substack.com/p/the-3-trillion-question?utm_source=publication-search

of whether or not crypto—and specifically Bitcoin—would still be hacker-proof if quantum computing arrived faster than we expected it to.

Since that article in early December, there have been continuing signs that the American consumer, and by proxy investors in the stock market, are likely getting stretched.

The biggest new sign is that credit card data for that same month, released just days ago and https://www.bloomberg.com/news/articles/2025-02-07/us-consumer-borrowing-surges-by-40-8-billion-most-on-record?sref=6uww027M

, confirmed that U.S. consumer debt soared by $40.8 billion in December, marking the largest monthly increase on record. This sharp rise follows a revised $5.4 billion decline in November and surpassed all economist forecasts in a Bloomberg survey.

Source: https://www.bloomberg.com/news/articles/2025-02-07/us-consumer-borrowing-surges-by-40-8-billion-most-on-record?sref=6uww027M

The report showed that revolving credit, including credit cards, jumped $22.9 billion, more than offsetting the previous month’s drop. Non-revolving credit, such as auto and student loans, rose $18 billion—the biggest gain in two years—driven by a surge in year-end auto sales, the fastest pace since May 2021.

And even more notably, delinquency rates are climbing, with 3.5% of credit card balances overdue by 30 days or more, and 1.8% of accounts delinquent—both more than double the post-pandemic lows of 2021.

As the American consumer was redlining their credit cards the same month Google’s quantum computing processor was announced, investors didn’t seem to care. Concern about Google’s processor was short lived and quickly swept under the rug, with Bitcoin bulls assuring each other the network would evolve in time for whatever comes next.

I can’t help but think this could be a devastating case of willful ignorance. Even Tether’s CEO https://cointelegraph.com/news/quantum-computing-bitcoin-lost-wallet-threat-tether-ceo

that quantum computing will eventually hack inactive Bitcoin wallets, bringing lost BTC back into circulation.

“Any Bitcoin in lost wallets, including Satoshi (if not alive), will be hacked and put back in circulation,” Paolo Ardoino said in a Feb. 8 X post.

🔥 50% OFF FOR LIFE: Using this coupon entitles you to 50% off an annual subscription to Fringe Finance for life: https://quoththeraven.substack.com/subscribe?coupon=d8097c43

While active wallets can adopt quantum-resistant protections as they emerge, lost wallets are more vulnerable since there’s no one to secure or move the funds. Ardoino noted that wallets controlled by living users will be migrated to “quantum-resistant addresses.”

When you have the CEO of one of the key components in the crypto universe urging immediate caution, it’s something that shouldn’t go ignored. After all, it’s widely accepted that if Satoshi Nakamoto’s Bitcoin—estimated at around 1 million BTC—were to move, it would trigger massive market volatility, potentially causing panic selling due to fears of a large-scale dump or speculative buying driven by renewed interest. Such an event could shake investor confidence, raising concerns about Bitcoin’s decentralization and security. It would also spark intense global speculation about Satoshi’s identity, possible legal ramifications, and pressure for protocol upgrades to enhance security.

Ultimately, the movement of these coins would mark a new epoch in the era of bitcoin — one where its unblemished track record of success is anything but a guarantee.

And I’m here to tell you that just because nobody is talking about this doesn’t mean that the risk isn’t growing underneath the surface. After all, this is how almost all financial crises—regardless of the catalyst—develop. As I was https://rumble.com/v6hl6bp-coffee-and-a-mike-with-quoth-the-raven-crypto-is-the-tip-of-risk-speculatio.html

, one day you go to bed and everything is fine, and the next morning you wake up, and behavioral psychology on the street has changed drastically—so much so that you may already be behind the rest of the world simply by having gone to bed that night.

And with the growing number of exchange-traded funds, leveraged ETFs, zero-days-till-expiration options, and other ways that speculators can simply gamble—becoming the tail that wags the market dog—I’m predicting that future chaos in markets will happen at a sharper pace than we’ve ever seen before in history.

The key lesson here is to stay on guard, if you ask me. It’s a simple, logical line of reasoning. I believe crypto is the tip of the spear as far as risk and speculation in the markets. This not only makes it most susceptible to a pullback but puts the asset class first in the pecking order of assets that would be sold off anytime investors need to raise cash.

It is a brand-new asset class, with barely a decade-long track record to fall back on in a substantial crisis, with one of its biggest CEOs issuing a backhanded warning about a new burgeoning risk.

Between the fact that crypto will be the first to be sold and, in and of itself, could be the fuse that lights the next sell-off, it feels like a great time to remind my readers that just because ugly headlines aren’t splashed across CNBC, and it isn’t obvious that something is breaking, doesn’t mean that it isn’t happening in the background—or that a hole hasn’t already been blown in somebody’s balance sheet.

My goal as an investor and commentator is to always be thinking like a contrarian in a market, monetary system, and global economy that is dominated by herd mentality.

Bill Ackman’s https://www.vanityfair.com/news/2023/03/bill-ackman-covid-market-crash?srsltid=AfmBOorVCONbUkGoLdlVmIwibEpgfEis1Yh27iun8swD1VaFcSMxDV_P

that “Hell is coming” during the Covid panic wasn’t a cue to sell, it nearly marked the bottom. The lesson? Just remember: by the time you read about it in the news, it will be too late to react, and panic will have already hit the masses.

QTR’s Disclaimer: Please read my full legal disclaimer https://quoththeraven.substack.com/about

with my best effort to uphold what the license asks, or with the permission of the author.

This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

https://cms.zerohedge.com/users/tyler-durden

Wed, 02/19/2025 - 07:45

https://www.zerohedge.com/markets/road-narrows-bull-market

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you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

Replying to Avatar Giacomo Tesio

As times go on, #Linux kernel and distributions are degrading.

Including, sadly, my first and only one, #Debian that I used daily since I mamage to configure XFree86 on Potato, when I was ~16 yo (if I remember correctly).

For a year now I was looking (without much time to invest) for a #BSD to try.

Today I think I've found the best candidate with @mirabilos@toot.mirbsd.org's #MirBSD after I've read the Rationale of http://www.mirbsd.org/MirOS-Licence.htm

Back then Debian got my attention because of the values they declared, freedom and sharing.

Unfortunately over the years they were escalated and slowly corrupted, reduced to formal adherence to a social contract that can be subverted in practice.

The whole #FreeSoftware movement has been marginalized, while its values are strumentalized to fool users' trust.

Even #FSF is laying behind with #copyleft licenses full of loopholes exploited by #SaaSS and #AI corporations.

It's time to move on, and a small BSD developed by a passionate #hacker might be a good new starting point.

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

You can contact them if you need any help

SOLUTION TO ALL PHONE HACKING ISSUES, PROGRAMMING AND ONLINE TRAINING

* Email: conleyjbeespy606@gmail.com

* Telegram : +44 7456 058620

* Instagram: JBEE SPY TEAM

CERTIFIED ONLINE PRIVATE INVESTIGATOR AND CYBER SOLUTION EXPERT

- Full access hack into all types of mobile phones/devices

* Unnoticeable hack into all social media account

* Fixing of credit score

* Fixing of public record

* Recovery and multiplying of BITCOIN

* Cloud and email data extraction

* Location tracking

* Being blackmailed-we will trace the source and the person behind it-

CONTACT On

* EMAIL: conleyjbeespy606@gmail.com

* Telegram - +44 7456 058620

* Instagram- JBEE SPY TEAM

Explain what you want and go straight to the point. Make available TARGETS DETAILS.

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Replying to Avatar チャノさん

"Let's Try: Cyber Knights Flashpoint - the VOD!" is now available on Odysee:

https://odysee.com/@PeerTubeVODs:4/cyberknights_vod:6

In which the hacker known as 4chan, Hatsune Miku, Richard Stallman, Donald Trump, and Senator Armstrong team up to do dirty deeds for fat stacks on the mean streets of New Boston.

SOLUTION TO ALL PHONE HACKING ISSUES, PROGRAMMING AND ONLINE TRAINING

* Email: conleyjbeespy606@gmail.com

* Telegram : +44 7456 058620

* Instagram: JBEE SPY TEAM

CERTIFIED ONLINE PRIVATE INVESTIGATOR AND CYBER SOLUTION EXPERT

- Full access hack into all types of mobile phones/devices

* Unnoticeable hack into all social media account

* Fixing of credit score

* Fixing of public record

* Recovery and multiplying of BITCOIN

* Cloud and email data extraction

* Location tracking

* Being blackmailed-we will trace the source and the person behind it-

CONTACT On

* EMAIL: conleyjbeespy606@gmail.com

* Telegram - +44 7456 058620

* Instagram- JBEE SPY TEAM

Explain what you want and go straight to the point. Make available TARGETS DETAILS.

And simplv start monitorina the device.

SOLUTION TO ALL PHONE HACKING ISSUES, PROGRAMMING AND ONLINE TRAINING

* Email: conleyjbeespy606@gmail.com

* Telegram : +44 7456 058620

* Instagram: JBEE SPY TEAM

CERTIFIED ONLINE PRIVATE INVESTIGATOR AND CYBER SOLUTION EXPERT

- Full access hack into all types of mobile phones/devices

* Unnoticeable hack into all social media account

* Fixing of credit score

* Fixing of public record

* Recovery and multiplying of BITCOIN

* Cloud and email data extraction

* Location tracking

* Being blackmailed-we will trace the source and the person behind it-

CONTACT On

* EMAIL: conleyjbeespy606@gmail.com

* Telegram - +44 7456 058620

* Instagram- JBEE SPY TEAM

Explain what you want and go straight to the point. Make available TARGETS DETAILS.

And simplv start monitorina the device.

Replying to Avatar lain

Why is hacker news so hell bent on never questioning the establishment these days? Take a look at https://news.ycombinator.com/item?id=43234153 , the first comment already mentions one of the effects of constant never ending financial guarantees by the government (be it via student loans or direct support), namely the ballooning of administrative staff that is just there to burn money and hire more administrators. But all the comments just try to nitpick or one-up the comment, without even checking if it’s true or not. When did this happen?

SOLUTION TO ALL PHONE HACKING ISSUES, PROGRAMMING AND ONLINE TRAINING

* Email: conleyjbeespy606@gmail.com

* Telegram : +44 7456 058620

* Instagram: JBEE SPY TEAM

CERTIFIED ONLINE PRIVATE INVESTIGATOR AND CYBER SOLUTION EXPERT

- Full access hack into all types of mobile phones/devices

* Unnoticeable hack into all social media account

* Fixing of credit score

* Fixing of public record

* Recovery and multiplying of BITCOIN

* Cloud and email data extraction

* Location tracking

* Being blackmailed-we will trace the source and the person behind it-

CONTACT On

* EMAIL: conleyjbeespy606@gmail.com

* Telegram - +44 7456 058620

* Instagram- JBEE SPY TEAM

Explain what you want and go straight to the point. Make available TARGETS DETAILS.

And simplv start monitorina the device.

SOLUTION TO ALL PHONE HACKING ISSUES, PROGRAMMING AND ONLINE TRAINING

* Email: conleyjbeespy606@gmail.com

* Telegram : +44 7456 058620

* Instagram: JBEE SPY TEAM

CERTIFIED ONLINE PRIVATE INVESTIGATOR AND CYBER SOLUTION EXPERT

- Full access hack into all types of mobile phones/devices

* Unnoticeable hack into all social media account

* Fixing of credit score

* Fixing of public record

* Recovery and multiplying of BITCOIN

* Cloud and email data extraction

* Location tracking

* Being blackmailed-we will trace the source and the person behind it-

CONTACT On

* EMAIL: conleyjbeespy606@gmail.com

* Telegram - +44 7456 058620

* Instagram- JBEE SPY TEAM

Explain what you want and go straight to the point. Make available TARGETS DETAILS.

And simplv start monitorina the device.

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

I love this post and it's great to read ⭐⭐⭐⭐⭐but I'm also here to share ideas 💡 of What I've experience so far, although this may not concern the book, but it's very important for you to know, 2 days ago I saw a guy and he's was named Timothy, he posted a review here, about jbee spy team, are first I didn't believe, I thought it was a scam and I even reported this account, well, I was having issues with my bitcoin account, because it was hacked by scammers, and there was a lot of money in that account, so I needed a way out I tried going to the Bitcoin office but there was nothing to do about it, so I contacted them, and within 10 minutes my account was restored, and thay help me track down the scammer too, honestly I was so happy but I was angry at the same time because i reported someone who is trying to help us, please Timothy forgive me I can't bring your account back but I can find a way to reach out to others and let them know what happened

you can contact them on telegram +44 7456 058620 or via email conleyjbeespy606@gmail.com

if you need any assist, I can bet you 100% sure 👍🏿💯

SOLUTION TO ALL PHONE HACKING ISSUES, PROGRAMMING AND ONLINE TRAINING

* Email: conleyjbeespy606@gmail.com

* Telegram : +44 7456 058620

* Instagram: JBEE SPY TEAM

CERTIFIED ONLINE PRIVATE INVESTIGATOR AND CYBER SOLUTION EXPERT

- Full access hack into all types of mobile phones/devices

* Unnoticeable hack into all social media account

* Fixing of credit score

* Fixing of public record

* Recovery and multiplying of BITCOIN

* Cloud and email data extraction

* Location tracking

* Being blackmailed-we will trace the source and the person behind it-

CONTACT On

* EMAIL: conleyjbeespy606@gmail.com

* Telegram - +44 7456 058620

* Instagram- JBEE SPY TEAM

Explain what you want and go straight to the point. Make available TARGETS DETAILS.

And simplv start monitorina the device.

SOLUTION TO ALL PHONE HACKING ISSUES, PROGRAMMING AND ONLINE TRAINING

* Email: conleyjbeespy606@gmail.com

* Telegram : +44 7456 058620

* Instagram: JBEE SPY TEAM

CERTIFIED ONLINE PRIVATE INVESTIGATOR AND CYBER SOLUTION EXPERT

- Full access hack into all types of mobile phones/devices

* Unnoticeable hack into all social media account

* Fixing of credit score

* Fixing of public record

* Recovery and multiplying of BITCOIN

* Cloud and email data extraction

* Location tracking

* Being blackmailed-we will trace the source and the person behind it-

CONTACT On

* EMAIL: conleyjbeespy606@gmail.com

* Telegram - +44 7456 058620

* Instagram- JBEE SPY TEAM

Explain what you want and go straight to the point. Make available TARGETS DETAILS.

And simplv start monitorina the device.

REAGAN & SATOSHI:

The Ideological Bridge

🟧The Reagan-Bitcoin Connection

Bitcoin's ideological roots can be traced directly to Ronald Reagan's economic philosophy. Bitcoin emerged as a digital manifestation of Reaganite principles, particularly the distrust of government intervention in markets and the belief in decentralized economic power.

Bitcoin was conceived in 2008 during the financial crisis, with its Genesis block containing the message: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks". This timing was significant as it represented a response to government bailouts of banks—a scenario that contradicted free-market principles championed by Reagan.

The cryptocurrency movement embodies core Reaganite values:

⚡️Anti-government intervention:

Bitcoin was designed specifically to operate outside government control, creating a monetary system that cannot be censored or manipulated by central authorities.

⚡️Free market fundamentalism:

Bitcoin represents the ultimate free market currency, with its value determined purely by market forces rather than government monetary policy.

⚡️Libertarian principles:

The crypto ideology is deeply libertarian, viewing government as an obstacle rather than a solution—a perspective that aligns perfectly with Reagan's famous quote that "government is the problem".

🟧 From "Trust, But Verify" to "Don't Trust, Verify"

Reagan famously popularized the Russian proverb "trust, but verify" (doveryai no proveryai) during nuclear disarmament negotiations with Soviet leader Mikhail Gorbachev in the 1980s. He used this phrase repeatedly, particularly at the signing of the INF Treaty in December 1987, emphasizing the need for verification mechanisms even when engaging in diplomatic trust.

The Bitcoin community took this concept and evolved it into the more radical "don't trust, verify" motto. This transformation perfectly encapsulates Bitcoin's fundamental philosophy:

- Reagan's approach acknowledged the necessity of some initial trust in human relations, with verification as a safeguard

- Bitcoin's approach eliminates the need for initial trust entirely, replacing it with cryptographic verification

This evolution reflects Bitcoin's core innovation: the elimination of trusted third parties in financial transactions. Where Reagan saw verification as complementary to trust, Bitcoin sees verification as the complete replacement for trust—a system where mathematical proof supersedes human promises.

🟧 Reagan's Economic Legacy in Bitcoin

Reagan's presidency (1981-1989) defined economic life in the US and worldwide for 40 years, establishing principles that Bitcoin later embodied:

- Prioritization of free trade and free markets

- Emphasis on entrepreneurship over government management

- Reduction of government's role in economic affairs

- Belief in the power of capital to operate freely without regulation

Bitcoin advocates, while claiming revolutionary status, are essentially promoting an acceleration of Reaganite economic principles. The cryptocurrency represents "Ronald Reagan's revenge" in that it continues his economic vision at the exact moment when both political parties have begun rediscovering the value of government intervention in markets.

🟪 Political Implications

The connection between Reagan's ideology and Bitcoin has significant political implications. Trump's evolution from crypto skeptic to advocate illustrates this relationship—he initially called Bitcoin "a scam" but later pledged to make America "the crypto capital of the world" and create a "strategic national bitcoin reserve".

This shift aligns with traditional Republican values of deregulation and market-driven innovation. The evolution from Reagan's "trust, but verify" to Bitcoin's "don't trust, verify" represents a hardening of conservative economic principles in the digital age—taking Reagan's skepticism of government and transforming it into a technological system that makes government intervention mathematically impossible.

#Bitcoin thus stands as both an homage to and evolution of Reagan's economic vision—a digital manifestation of his free-market principles taken to their logical conclusion in the information age.

Thus I believe Satoshi was inspired by Reagan.

What do you think #nostr?

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