Is this how your Valentine's Day date went? 😂
Would you believe me?
Need a shower too
Stop being silly. Get help.
Marry that woman 💍
cRaPtO bRoS: I own Bitcoin too!
The Bitcoin they own:
An apple a day doesn't really keep the doctor away, but a Bitcoin DCA actually keeps poverty away 😉
The rich get richer, while the poor get poorer, simply because the rich work to acquire & hold assets, while the poor work to acquire & spend fiat currencies.
What are your Valentine's Day evening plans?
Mine are to get my ass handed to me in sparring 😂
Buying cRaPtOs and memecoins is nihilistic behaviour.
Saving in Bitcoin is being hopeful for a better future.
Which way, anon?
Friendly reminder that Bitcoin IOUs are NOT Bitcoin.
The closing price of Bitcoin 10 years ago on Valentine's Day was $257.32.
Were the flowers, chocolates, and dinner you bought back then worth $98,500?
If that lady is still with you and still brings you peace and joy, I’d say they were.
Visual representation of Modern Monetary Theory (MMT)
Anyone advocating for net zero and people using less energy is part of an anti-human death cult.
The UK national debt stands at a staggering £2.72 trillion, with annual interest payments of £71.06 billion.
That means the average interest rate on the debt is ~2.61%.
Given the Debt/GDP ratio of 126.41% and an interest rate of 2.61%, this debt is growing organically by 3.30% each year.
For all of 2024, the UK economy grew 0.8%.
Is the UK's debt sustainable?
I'll let you be the judge of that.
The US national debt stands at a staggering $36.47 trillion, with annual interest payments of $1.08 trillion.
That means the average interest rate on the debt is ~2.97%.
Given the Debt/GDP ratio of 122.92% and an interest rate of 2.97%, this debt is growing organically by 3.65% each year.
For all of 2024, the economy grew 2.5%, down from 3.2% in 2023.
In a debt-based monetary system, those who use debt to acquire scarce and desirable assets will far outpace those who refuse to use debt productively.
Some people use debt to purchase liabilities and enslave themselves in the process.
Other people use debt to buy assets that grow in purchasing power much, MUCH more than the interest on the debt—helping them achieve financial freedom.
Debt is just a tool, and it all depends on how you use it.
Today, a guy at the gym whom I often spar with told me he's going to see properties tomorrow.
He said he wants to get on the property ladder.
I told him that's cool and wished him good luck.
I didn’t mention Bitcoin or trash real estate.
I’m not trying to be that obnoxious Bitcoiner.
At the end of the day, I don't know people's motivations for why they want to buy a property and I'd rather not assume.
But if he ever asks for my opinion, I’m happy to help.