December 22, 2024 @ 04:55 AM (UTC)
Current Price of Bitcoin
(BTC-USD): $96,900.32
(BTC-EUR): €92,932.36
#Bitcoin #Invest #Trade
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All of the noise is just a natural part of a slow and messy transition from a world of deception, fear and scarcity - to a world of truth, hope, and abundance, with every person understanding the transition at their own pace.
#Bitcoin
The chaos only tells you how early you are
The journey down the rabbit hole to understand Bitcoin creates a cognitive dissonance in our minds where our former beliefs are challenged and disrupted.
A mental discomfort is created by trying to hold onto contradictory beliefs - (ie - Free market is deflationary + inflation is required to allow society to function) and then trying to rationalize previous beliefs.
That’s why it’s so hard for “experts” or those successful in the old system to see it.
But it’s not negotiating with them - it is imposing reality on them.
Enjoy the ride my friends.
#Bitcoin
It’s probably worth noting all of excess in US government spending that needs to be cut, will create a dangerous feedback loop and likely deflationary spiral because all of those excess jobs are also spending, buying homes, eating out, traveling, spending on marketing etc. When they stop/slow down - and then require social assistance - debt as a % of gdp screams higher.
Ie - That expansion of government and regulation is a direct consequence of manipulated markets trying to stop the natural deflation in free markets but also an integral part of them - robbing more jobs from the free market, and misallocating capital everywhere.
In other words, it’s going to be messy!
The debt needs to come down first and that means money printing and much higher inflation.
Or as nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a Alden memes so effectively “Nothing stops this train”
In either event - #Bitcoin is your lifeboat.
Good morning!
I wonder how many people on the left will now find #Nostr and freedom tech in order to escape their fear of the right….to then discover that they were being programmed by their centralized media and tech overlords all along.
#Bitcoin
#Nostr
I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed.
The natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure)
Free market economies are more productive meaning faster deflation (or real wealth gains by falling prices)
That system is incompatible with an inflationary monetary system meaning one of those systems must fail.
Either: