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Bison
75f2a14f69c387b4b9b1fda0987f4b1c240f42a34a64c411224dd64746d54c79
I no longer feel lost

Hot take: orange juice is better with pulp. The chewier the better

Gm

What would cause a liquidity crisis if the world were on a bitcoin standard?

The reason it’s necessary today is because banks, businesses, and individuals are all forced to short the dollar by hoarding illiquid assets at the lowest interest rates possible.

That works fine until that shorted dollar gets too misallocated into an unsustainable bubble.

On a bitcoin standard, you’re shorting those previous illiquid assets.

Bitcoin has finally reached legal driving age

Until they realize our goal is to acquire more bitcoin and not more fiat, we won’t see a super cycle or hyperbitcoinization.

Before you know it, you won’t be able to earn enough fiat to acquire a(nother) full coin.

I tried a payroll deposit directly to nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 and it converted to bitcoin perfectly.

Next up, testing bill pay

Still can’t believe the Fed made this chart.

https://fred.stlouisfed.org/graph/?g=PUbY

My hope is that nostr and bitcoin help build a better future that prevent shit hitting the fan, or that neither is necessary in the event it does.

We’re all in this together at the end of the day.

They look like a giant iPhone 4

Every time a platform censors, a nostrich gets its wings

nostr:note1k6n0rpyt93gtpcg40t5shk9387yd89a54zxd7xqgedvr5xr5qrnqhpg7zm