How apropos is it if the DC housing market dumping kicks off the nationwide real estate crash?

It’s not a crazy lynchpin.

Consider this is one of the most densely populated areas with the highest rate of DINC so home values here are elevated but they also lift surrounding city’s home value as well. These are also densely populated cities eg Alexandria, Arlington and Friendship Heights Village (MD).

Add to the fact that commercial real estate is also ready to break.

D.C.’s office market is no different than other commercial markets that are experiencing unprecedented devaluation, with some properties losing up to 70% of their value.

That’s crazy.

Collapse in property values is estimated to be a tax revenue shortfall of $500 million for D.C. over three years.

It’s not exactly that nice of a place to live because of the crime and the cost to live there.

Panic is contagious. Let’s see.

Let’s make a deal.

You say something true below and I zap you 615 sats.

Im over here buying gift cards for my friends. 🤷🏽‍♀️

Historically, committees promise to "research" a matter when the intention is to slow walk the promise into a black hole in an effort to dance around directly betraying voters.

Note that David Sacks reluctantly brings this up in a final question, never mentioning it before. Each time he says they are tasked to study a #Bitcoin reserve, his body language looks remorseful.

Here are some screens where a deep state insider tells James O'Keefe how "researching" something is used to slow role and ultimately sideline things.

Will this somehow be different? 🤔

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I ordered a Casio watch 😂 based on that guy hating on Bitcoiners style

Autonomous drones + super intelligent AI = what could go wrong 🤷‍♂️

After having a little money for a few years and dabbling in some of the finer things I can tell you that nothing beats an ordinary life.

- Getting a slice of pizza and seeing a movie with your wife.

- Hitting the bar and having drinks and conversation with your friends.

- Hanging out at the park throwing a frisbee around.

- Taking the kids for ice cream on a hot summer day.

- An economy plane ticket to go visit family or an old friend.

- A reliable car that takes you where you need to go.

- A great blanket to snuggle up in on a cold winter day.

If you have these things already, trust me… you are wealthier than you know.

Drinking $1,000 wine and eating caviar with famous people won’t make you any happier. In fact it may have the opposite effect.

As the bitcoin price rises you should definitely dabble in fancy shit if you feel compelled, but once you get a peak behind the curtain you’ll find out pretty quick it’s hollow and meaningless compared to the things that really matter.

A call to crypto flippers

Whether or not there is another “alt season”, I invite all you crypto aficionados to redirect your life’s energy, up to now invested in feeding this addiction to coin flipping/“invoosting”, towards cleaning up your act instead. Come join us on the bitcoin front—we have a lot to give, yes, but we need you, too.

You see we’re approaching a battle of the ages here. One that will likely involve bank runs, devaluations, and wars in the West. A conflict whose outcomes will certainly impact the lives of our children and many generations after. And for that years’ long struggle our world needs all the help it can get.

I have a lot of sympathy for people suffering from behavioral addictions and general lack of impulse control—I struggle with this still myself. In fact I believe addiction is the dominant challenge of our current era, co-created by the fiat system which drastically reduces the rewards people can earn from deferral of gratification and a virtuous life in general.

But this is not the place to get in the intellectual weeds.

I’m just here to send you, to the best of my ability, a warm invitation to try and clean up your life. I’m here to remind you that the world is worth it, and to valiantly assure you that you are worth it.

So get yourself to a meeting (yes the one you’ve been telling yourself you don’t need), pick up that book you bookmarked a while ago, ask someone for advice or support, cue up that meditation podcast, walk a dog, go on a walk in nature, or take a cold shower for 30 seconds. I suggest beginning small, so small that you can take that first step right now.

We’re all going to die one day. You know it, and deep down you also know what kind of life will make you feel proud to have lived. Sure, you can keep trying to get that chuckle out of other degen traders, and get on a little buzz by setting up that 10x leveraged play, but deep down you know that is just a poor surrogate for making a real connection with yourself and the rest of this world.

Here is the good news: once you start walking the path towards the good life (not as in hedonism but as in doing the right thing), you will, little by little, start noticing that you are in fact not alone, that in fact we are all in this together. You’ll start developing friendships and rekindling old ones that you’d forgotten you lost. And, paradoxically, as you slowly face your fears of “not having enough” head on, you’ll realize you already have so much to be grateful for, and you’ll start to feel happier than you’ve ever been.

Help yourself, you’re worth it! Under that thin cynical veneer, a truly beautiful person resides. That person knows in his bones that this little planet, with all its male and female silliness, with its songs of pain and sorrow, this blue-green-orange place teeming with life, is surely worth it too. Your possible reaction to this paragraph, that “meh…” or eye rolling part of you, that’s not all of you, that’s not who you are deep down. There is wonder in you, and joy, and a thirst for worthwhile adventure. If you can’t feel it, it doesn’t mean the sun isn’t there for you, but just that there’s clouds hanging out in your sky. An ominous sky makes place for a cheerful one, over time but inevitably, once one starts walking the path of the good life.

So join us my friend. Join us bitcoiners in the fight to defend life and liberty on earth. Lord of the Rings is real, and we are the Hobbits: weak physically, sure, but possessing a unique power to save the world of man. Time to leave the Shire!

Got Lionel Shriver setup with a bitcoin wallet.

Send her some love 🧡

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