Every incumbent government in the western world lost elections (or ground) after Covid

What happened after Covid? Clearly these really, really smart people know?? 😉

Hey, it’s Micah!

Here’s my I have only had 5 hours of sleep take on Donald Trump’s win.

This election was about class. Once upon a time, class and identity were separated as the neoliberal era took hold. Democrats capitalized on identity and it worked for a while. But as our guest on @TPBPod, Alan Minsky, noted… Neoliberalism is dead. We have to realize that these new alliances that are forming under Trump are not only odd bedfellows, but because they are, they signify a new cultural and political power shift.

I have been watching this happen since Bernie ran in the 2016 primary. The coalition is building beyond race among the working class. A unity that the left could only dream of. Yet, this is not an empowerment of the working class in the way that we’d envision. I don’t believe that this will end in a worker revolution where the proletariat owns the means of production.

I don’t because this is a coalition of the working class with a different faction. This isn’t the traditional corporate-state-capitalist alliance that has coalesced in the Democratic party. This is an alliance of those who feel powerless, with those who want absolute power.

I am not sure where we are headed, but if Lawrence Wilkerson is right, this is dark.

The liberals will have yet again made it possible for the worst outcomes to happen. The left progressives (a wide umbrella that covers a coalition of socialists and center-left), unable to unite to stop the Democrats, are at their most powerless.

I really ask Democratic supporters, to wake up. We are a country that has been living three different experiences simultaneously. And just now, two roads have merged into one.

I have traveled so much around the US and the world this year. I truly believe that in the US, we have two countries in one. There’s two cultures thar have developed as a result of rural isolation and gross economic inequality. For those who have, identity issues are the only remaining issues. For those who do not, identity is the least important. It makes sense. Then we have the ultra rich, who saw an opportunity to exploit this. This where the danger now exists.

I wish I could tell you what happens next. But, what I do know is that the probabilities of socio-economic and political disasters are much higher now than ever before.

The left must find a way to bring the workers back. But I am afraid that the left has become mainly the highly educated who do not understand the worker’s plight.

And what of bitcoin? Bitcoin works no matter what but also because of what happens next. It is both a deterrent and an accelerant. We have skin in the game.

Not that Kamala wasn’t a pretty poor candidate or that Trump didn’t generate excitement, of course, but the economy is a *really* strong headwind in any election. Don’t overread the general populace’s desire to “vote crypto” or for any other specific issue. nostr:note1vpzh0nc6hrmvzhkc2alztlj5gcc5yh62at9h63plx7ddsay40rfs63td56

Someone can be an excellent tech person, but not a journalist.

Does anyone using it?

I don't think there is any need to ban it

For institutional investors like sovereign wealth funds or pension funds, buying #Bitcoin at either $0.06M or $0.6M doesn’t make a difference. At their scale it’s a rounding error.

If you ask people "who is the most famous basketball player of all times?" what will they say?

Please do not answer who you think is the best player, that is irrelevant (and obviously it's Michael Jordan).

I was wondering if you’d post this here, too. 😅

By announcing the Bitcoin strategic reserve the U.S. is making this a more partisan issue (in addition to dems already doing so…guys guys, believe me, I know!)

This was a stunt from Lummis. Could’ve waited for more bi-partisan support. Also, the plan itself is flawed.

There was no rush or need to do this. Now literally your purchasing power could be affected with gov speeding up dumping coins, who knows. (Like it’s fine medium term, whatever)

The conference did quite some damage, imo, from Trump, to this reserve stunt, and beyond. Egos ran amuck, this was not low-time preference thinking.

Socialism is a disease.