⚡️💬 When the government prints money, don't think it's creating wealth - it's just diluting yours.

Prices rise, wages follow (a little), but the real value of your savings melts away in silence.

Inflation is an invisible tax: it doesn't pass through parliament or appear on any ballot paper.

On the other hand, it weighs down the middle and working classes every day.

What's worse? It's presented as a "natural economic phenomenon"!

In fact, it's the direct result of a State incapable of managing its budget, a model that spends more than it produces, and an obese public apparatus that gets fatter without ever questioning itself.

And we end up financing public services with debt instead of growth. And when this debt becomes unsustainable, we melt it down... by devaluing the currency.

Until then, we ask you to remain calm... To trust that everything is under control.

But by dint of masking reality, by drugging the economy with debt money, we have created an illusion of prosperity... which makes us forget the fundamental values of work, effort and savings.

Inflation is the opium of the people…

Call me crazy, but I'd rather have explicit taxes than inflation. And if the whole tariff thing has taught us anything, it's that the inflation tax is way way way worse than any of these explicit taxes.

keep trying son

you'll get there

I've read Saifes books son.

theyre a good start but you have to keep learning from there.

until you can think critically about these ideas you're just another kid who found something cool and made their entire personality about it.

bro

your response to everything is "there is no 2nd best"

come back when you have some hair on your chest.

The only utility of Shitcoins is to steal your #Bitcoin.

The only utility of Shitcoins is to steal your #Bitcoin.

The fact that anyone still takes him seriously is astounding.

16% done relaying garbage!

The same Ray Dalio who few years ago was shitting on #bitcoin ? 😱

If I had my own LLM, it would always be in Saif mode! 😂

That may be fair but the whole thing is engineered to be cult by the unsolicited primal signup instafollows that include all of the right-think influencers. I have learned the lesson of going where you’re wanted, and the people who functionally run the show around here clearly don’t want me around. A pervasive culture of cultishness is high bar to overcome.

Yes, but the whole point of lightning is to very rarely open/close channels and mostly transact over lightning.

For once we agree on something

No they dont. If I pay you on lightning miners don't get any of those fees.

Lightning doesn't scale to every human non-custodially/permissionlessly.

You're right what we think is irrelevant. What happens will happen.

The gold standard had inflation and still does. It's also private and fungible.

It failed as the economy became more globalized because of the cost and burden of settlement. Vast majority moved to IOUs and custodians. Now everyones transactions are ruggable, censorable, and surveilled.

Story reminds me of the current trajectory of this other coin

Going into the future, Bitcoin (and any PoW coin) has roughly 6 scenarios that will happen if price stops climbing at a similar rate to the past (I think its a safe bet to say it wont. Name one thing in history that has. Even if it unrealistically swallows 100% value in the world there is still a limit):

1) Unending block rewards (never going to happen 21M is core)

2) Reoccuring blocksize increases + increasing transaction count (Growing fees spread across growing transactions - probably wont happen either, but more probable than #1)

3) Second layers that actually consistently pay miners to secure the chain unlike Lightning (i.e. Drivechains)

4) Nothing changes "scenario A". Thriving fee market. Tiny set of wealthy users are able and willing to pay massive fees. The full potential of Bitcoin is not available to most. Vast majority of plebs will rarely, if ever, touch the base layer. Custodial and less sovereign layers are the norm more than they are even now. No realistic unilateral exit that makes economic sense means the entire security model of layers like lightning are pointless if they can't be enforced on chain.

5) Nothing changes "scenario B". Not enough users are willing to use Bitcoin or pay enough fees for miners to offset dwindling block rewards and secure the blockchain. Miners start dropping out to a new, much lower, equilibrium. (increasingly vulnerable to 51% attack)

6) Mostly altruistic miners (lol. lmao.)

If Bitcoins price doesn't increase at a similar rate to the past, which do you think is most likely? Which do you prefer? What scenario did I miss? You tell me.

Instead of shouting "propaganda" and "fake assumptions" maybe address a single point in the link?

Thats nice but block rewards get lower over time and run out. Look at current fees. It's unsustainable unless price goes up forever and/or fees continue to rise. Speaking of assumptions, those are big ones to make.

my first formal position of employment involved working with a government IT department, specifically accounting. the number of things they did with excel was hilarious.i didn't do much work with excel in my role but i learned quite a lot about writing excel scripts at that time.

funniest thing about excel spreadsheet scripting is that it seems to be something that women are particularly good at. there was a lot of women in the office i worked in. it left me with a vague impression in general that women were good bookkeepers, and later encounters with book keepers confirmed this. it's beautiful tho.

not saying in all cases women are not capable of really inventing things but they sure as hell are good at operating calendars and ledgers.

i cite the case of Mileva Maric, wife of Einstein, for this. i'm pretty sure what the women of yugoslavia say about her is correct: that she was the actual inventor of relativity theory. so, don't misread me by thinking that women are not capable of invention. to the contrary, i think they are very capable as a class of human in the process of invention. probably they originally invented math and calendars. the motivations for which should be clear, since the first big insight about these two topics logically would have likely emerged from those who are most subject to biological clocks. ie, fertility.

"plus, this would require a government that can do IT" haha, best punchline.

i couldn't tell what the stupid text was even trying to propose.

and it is so friggin long there's no way i'm reading it without a bit of newspaper style journalistic structure.

I don't trust any sausages not made by a delicatessen locally that can confirm what they ground up in there.

Users can verify their balance and transactions independently.

— Satoshi Nakamoto

NEW: Five 🇺🇸 U.S. Senators are raising concerns over the potential risks of crypto-backed mortgages. On July 24, 2025, Senators Jeffrey Merkley, Elizabeth Warren, Chris Van Hollen, Maxie Hirono, and Bernie Sandwrs sent a letter to Federal Housing Finance Agency (FHFA) Director William Pulte, questioning his June 25 order for Fannie Mae and Freddie Mac to consider crypto assets as eligible for mortgage applications. 🤔

Optimizes for engagement, and you'll get content that is generally pessimistic.

Optimize for zaps, and you'll get content that's generally a lot more positive.

⚡️🚨 NEWS - XRP dumping ?

Chris Larsen, co-founder of Ripple, sent $175M of XRP on exchanges.

The XRP price is touching its highest point in months.

A windfall for offloading onto retail? That, at least, is the accusation of some XRP holders.