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Carl B Menger
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Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/

The UK Treasury is set to transfer more than £11 billion ($12.4 billion) tax payer money to the Bank of England this fiscal year to cover projected losses in its bond-buying program.

Even central banks need to be bailed out these days. The end of fiat money is near.

https://archive.ph/2022.10.19-161821/https://www.bloomberg.com/news/articles/2022-10-19/uk-treasury-to-transfer-11-billion-to-boe-to-cover-qe-losses

„Think of yourself as dead, you have lived your life. Now take what’s left and live it properly.“ - Marcus A., Memento Mori

Education isn’t something you can finish.

Concentrate on things that are within your sphere of influence and develop healthy habits around them. A successful day for me is therefore when I am

1) physically active (running, lifting, ....)

2) mentally busy (reading, journaling, learning, ...)

3) at peace with myself (meditation, ...

I can achieve all of these things without a third party or event that needs to happen. This is true freedom.

The Mandibles by Lionel Shriver. - The basic premise of a societal collapse after the US loses its reserve currency status is getting closer every day.

Prepare accordingly and don’t trust, verify.

Don't compare yourself with others, but with your former self. Getting a little better every day is a great achievement and leads to great results.

Vergleichen Sie sich nicht mit anderen, sondern mit Ihrem früheren Ich. Jeden Tag ein bisschen besser zu werden, ist eine große Leistung und führt zu großartigen Ergebnissen.

#Bitcoin vs Altcoins: Mind the gap.

Replying to Avatar andre21

Fix the money, fix the incentives.

DCA #Bitcoin over long periods of time combined with buying the #Bitcoin dips (drops >10%) is the path to financial freedom and wealth.

It's so simple and yet so hard for most to achieve. Human psychology is a bitch. Education is the key.

In this world, there are way too many people working in marketing trying to sell you some shit you don't actually need, and way too few people creating real value for society, like engineers, ...

And that's a direct result of fiat money. Fix the money, fix the incentives.