I strongly believe Bitcoin teaches you a lot about this world and makes you a better human being. I don't know why & how, but this is my personal experience.

I think it would be fun to make a bingo card 😅

Gm sir ☺️

ssup? have an awesome day

Good morning ☀️

Hope your day is amazing.

I was losing hopes ngl 😅😂

Sometimes this place and the people here don't feel real. it seems as though you are in a dream.

morning 🫂💜🤙

Good morning! 🐶🐾🫡☕️🤙🏻

It’s 💯 this

What worries me most is that there is a plan behind this.

Could it be that they want to do some sort of worldwide bank run and then say that if you want to recover the funds it will have to be under a CBDC?

This way they would sell the CBDCs as the saviors and the commercial banks as the bad guys.

Also take a look at my note from this morning.

#[0]

I was at university when the GFC was starting. It was so weird, suddenly the boring part of the news on the markets, etc became the main talking point on TV and in newspapers.

I was clueless about these topics, had to learn what an IOU, bond, mortgage backed securities, etc were

It's feeling a lot like that right now. Normies will now be exposed to all kind of information that will be completely new to them. They'll be shocked when they start learning about how the system works. At least some of them

I am a noob in such matters of course, but here are a couple of historical pointers:

- CS operation reminds of Bear Stern rescue, which started a rally of risk assets for a couple of months before collapse

- liquidity swaps between central banks were also a temporary measure invented during GFC, which became permanent. It’s not clear to me what’s exactly the consequence of what, but high volume of swaps was correlated with major market crisis (gfc and March 2020 had spikes in that activity)

I think gfc was structurally very different: today there is high inflation and low unemployment, during gfc inflation was 5%ish and unemployment skyrocketed to 10%, today we have 10% inflation and unemployment still close to 3 or 4 % (basically a minimum). Today there is A LOT more money in the system (10 years of QE and a covid packagr later..)

So I’m not sure the feeling can even be the same. At the time I was a grad student and had no idea about the world, so take whatever I say with caution! To me it was just curious house prices

I had already been working a while post college when GFC happened, but I wasn’t knowledgeable enough in the system yet to understand, I was just out living my life and trusting that people that knew better would figure it out. But what I can say, is that normies won’t realize there’s a problem until companies start doing layoffs at the same time that all hiring freezes. That happens months after the initial headlines of failures and by that time the media cycle is on to some other problem, so that’s how people forget.

It was like that after 9/11 too, a lot of my friends had trouble finding jobs, and I think a bit of that was left over from the .com bubble.

All I can say is that there are always pockets of opportunity, so if you lose your job just keep pushing, people still need to have housing, health, food, electricity, water. People are resilient, people band together and figure it out.

I was there. This just feels like a rinse repeat. Blow shit up print so no one feels the pain that is required. I think the cycle will continue in shorter time periods until it just finally collapses. How many more cycles who knows. This could be the last or there could be a few more. The end result is collapse total reset.

What is GFC?

Gm zappers, happy Monday to y’all!

⚡️🐸⚡️