The GFC experience motivated Satoshi to birth Bitcoin.
The Covid experience motivated business CEO's like
@saylor
to discover Bitcoin.
The Twitter boot of
@jack
Dorsey birthed #Nostr.
The arrest of Pavel Durov and free speech will motivate many many ordinary people to an extraordinary network like Nostr.
Pain + Reflection = Progress by
@RayDalio
could not sum it any better.
Stick together people. Alone we are weak. In numbers we are invincible.
The world is in a dark place with Telegram CEO abducted by the French.
Nostr is the only true platform for decentralized communications.
#Australian economy is on the brink of major slow down if Iron Ore prices continue to fall.
Why #bitcoin is a hedge against these economic issues.
The Australian economy is shaking, the money printing hasn't stopped, and the RBA has some tough calls to follow from this weeks 4.35% on hold rates.
5 Minute Bitcoin Weekly Recap 👇
Let us know your thoughts.
The Yen Carry Trade Explained
Members, inside the portal under Bitcoin School tab, you can now download this calculator to help budget mortgage with a Bitcoin strategy.
Did you know Bitcoin has recovered from dropping 80%+ on 4 occasions, only to fully recover and create new all-time highs? 🌟
In just a 15-year timeframe, #Bitcoin has faced rigorous tests against global #banks and governments, proving its resilience and strength.
No other asset would have survived such #challenges and emerged stronger every time.
Bitcoin did.
We double down on weekly dollar cost averaging anywhere below the 100% extension zone.
Value and extreme value are market psychology extensions.
$45,000 US is the price at which #Bitcoin ETFs commences trading.
The US money disaster.
If you live in the US, they are robbing you approximately 23% per annum since the GFC in money printing inflation.
US tends to expand their M1 by 4x every decade, and far more aggressive during pandemics and dodging recessions.
$BTC down 9.2% in June.
Expecting support and big value level at $55,000 USD.
Here are some interesting facts to consider:
Bitcoin has never broken an all-time high 30 days before a halving.
Once Bitcoin passes its 108th day after a halving, it never returns to the halving price again.
The 108th day is 5th of August.
How do you think it will unfold?
Thanks for those who attended tonight's session.
Running it again next Monday 8PM
Free for all.
#money #bitcoin
Open Now
12th June - 1,000,000 SATS for 2 members.
🏆 500,000 SATS
🏆 500,000 SATS
Gimmi the Bitty game to follow currently at $900BTCAUD
Join Every Event 👇
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See you all then
Australian Property Index from 1975 through to 2023 had an average annual growth rate of only 2.6%.
Most of the gains came AFTER the year 2000 as rates fell continously from a cash rate of 6.25% to 0.5% in 2020.
On the otherhand, the M1 Australian money supply rose 13.1% every year since 1975.
Yes most houses doubled every 10 years, but so did the money supply PLUS the infaltion cost of living.
Everyone is much much poorer if you factor in interest, taxes and maintenance.
@MattBBTC
I had to make this chart ratio as there is not really any accurate data or charts comparing the two.
Also to note, this is Australian properties nationally. Big differences if you isolate SYD and MELB.
Please share if you want more
National Debt, GDP, & M1 Money Supply of the four global power houses, US, China, Russia, & Japan.
https://proofofwork.com.au/nationaldebt/
DEBT/GDP
MONEY M1 SUPPLY
GOLD INVENTORY / MONEY SUPPLY
How much longer can this go on for the US?
Would love your thoughts on the topic in the comments.
Share if you want more of this type of material / comparisons.
#Bitcoin or #Stocks ?
Stocks are run by managers who change.
Stocks can be diluted when the company wishes to raise more funds.
Stocks lose contracts.
CEOs and Directors sell their own stock when the price is high.
Stock financial balancesheets can be manipulated.
Buying a company on a particular market means your money is in that market. It can't be moved to another market unless sold.
Bitcoin has a fixed supply = 0 dilution.
Bitcoin has no CEO or managers.
Bitcoin is open source.
Bitcoin is decentralized.
Bitcoin is global and boarderless.
3 Days until the #bitcoinpizzaday stream.
https://proofofwork.com.au/promotions/bitcoinpizza/
🏆 2,000,000 SATS = 1 member
🥈 100,000 SATS
🥉 B is for Bitcoin
Live streamed on X, Nostr Zap, Youtube.
Followed by "Gimmi the Bitty" Live Chat Bitcoin Game currently at $800 BTCAUD for members.
#bitcoinaustralia #australia #bitcoinclub #australianbitcoinclub #pizza #australianpizza #pizzainaustralia #ausriches
See you in the stream!
Bitcoin's supply out standing to hit 99% by the next halving.
Here is the breakdown of the supply schedule.
https://proofofwork.com.au/bitcoins-supply/
#bitcoinsupply #bitcoinhalving
Australian #Superannuation Funds are worth $3.7 Trillion.
At 11% foir super contribution averages, #Australians are pouring approximately $400 billion into these funds per year with many leaving their retirement in the hands of retail funds.
Of this, approximately $60 billion is taxed.
benchmark
1 year = 9.05% pa return
2 year = 7.52% pa
10 year = 7.32% pa
For anyone who missed our history of Australian #Dollar Horror post for the findings on #Australian money supply expansion, we outlined the average monetary inflation rate since 1975.
https://proofofwork.com.au/australian-money-supply/
Once you factor in the tax, inflation, and management fee, your super is only tracking todays purchasing power for ther future.
It's not designed for you to live a comfortable retirement.
#austriches #ausrich #proofofwork #bitcoin
From 1990 to 2016, Australia printed $700 billion dollars, marking a 1,644% increase over 26 years, or an average inflation rate of 7.17% annually.
To real estate owners: your property may have increased over time, but only at the rate of inflation.
If property doubles in value every 10 years, so does the money supply.
Here is the evidence.
Full blog about Australian Money Supply history, and the reason more countries are accepting unsustainable immigration levels.
https://proofofwork.com.au/australian-money-supply/
If you do read the post, please let us know in the comments on your thoughts.
#australianmoney #australianmoneysupply #bitcoin #bitcoinasia
First 4 months of work is for the government.
Next 3 is also for the government.
Last 5 is yours.
If you don't do anything with it and just keep it in cash, within 10 years the money supply will double and you'll lose another 80% of that.
#australia #slavetax #australianlira