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techfeudalist
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Blessed by tech; working to bring the benefits to everyone. Freedom, incorruptible money, privacy.

I see it as a real possibility. Just like the original ‘tea party’, I’ve always believed the trigger would taxes.

I imagine a scenario where the blue states need massive bailouts. The federal govt starts transferring funds, basically taxing the red states to give to blue states. At some point, Florida and Texas lead an initiative to stop paying federal taxes and switch their state banks to bitcoin.

It’s far fetched but getting less so as time goes on.

Yes, something like that. Needs to be built in and automatic.

Right. Voting harder and litigating harder is a waste of time (and your money).

Pretty sure the only thing you can do is exit. Vote with your feet. But not so easy for Americans to do.

This is how politics work. 👇Politicians earn a normal salary but become extremely wealthy through corruption… selling favors and insider trading.

Most people don’t know that insider trading is legal for politicians, but not for you. Why? Because they make the rules, and you don’t.

https://twitter.com/WatcherGuru/status/1700186193265062324#m

Here’s how the law works.👇

The govt breaks the law and uses your taxpayer money to defend themselves. Then you have to spend more of your money to plead for justice with the odds stacked against you. Then many years later, when the damage is done, you might win an ephemeral victory. But none of the officials who broke the law will be held accountable.

https://twitter.com/JeninYounesEsq/status/1700268764703662580#m

What happens to anxious people when the govt dials up the fear propaganda to 10.

☹️

Very true. Another tailwind.

I just thought of another. The extended bear market. Probably most coins are now in the hands of hard core hodlrs. Paper handed tourists are probably long gone.

Just listened to nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z ‘s BTC144 with you and the guys. Was reminded by the “🦀”.

It seems the price of bitcoin is hard to predict because it is a global asset. Lower liquidity in the US might be offset by China, Europe or Japan. Hard to predict what the net flows will be. Stay humble, stack sats.

My personal guess is that the US stock market climbs this wall of worry until early 2024. The size of the correction depending on what Treasury can do on their own with the Fed and Congress watching and not meaningfully assisting.

Congress unlikely to ride quickly to Biden’s rescue in an election year. The Fed seems to be on a mission to show the politicians (Treasury) that the big bankers are in charge. So no meaningful bailouts until late 2024 or 2025.

2024 will be painful for most people. Accelerating bankruptcies, layoffs, regional bank failures, etc.

2025 brings the big bailout and then after 2027 we watch CPI explode higher driven by a combination of massive liquidity and declining supply (from all the corporate bankruptcies). This is when we finally get YCC and the fourth turning gets more “exciting”.

This just appeared on my radar. Hadn’t heard about it before. Need to dig in and learn more. Don’t be messin’ with my avocados…

Hmm… Bill Gates funded company secretly spraying produce (including organic) with highly processed seed oils. Why doesn’t that sound like a good idea? 🧐

Why can’t it be consumer choice? nostr:note1n36yer974f5jgkck9kkca3awqy48fz7dfzgc85vmvrvjrzxs6zusgynugd

Gromen’s perspective makes a lot of sense to me. Normally oil would drop significantly in a recession (which understates the storm we’re heading into now). We might get a small decline, but more likely the price of oil will bounce in a higher range than expected. Oil producers will cut barrels to keep the price up and shale producers in the USA will go offline. The world is short oil and this imbalance will likely get worse. This sets the economy up for a crazy CPI spike when the liquidity taps get turned back on in 2025. nostr:note1hvpw087wjnvh2u6jnwyqtj2sh3gpsy9je7exf9ru7ek9zkslhxeq62v652

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😂

My child, the nostr community is merciful and understanding.

I’ll give you a penance to help you find healing. Just post nostr first. Absolves all sin. 🧡💜