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Knightstr
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Begone centralization

JP Morgan is used to influencing investor behavior by issuing statements like this.

Bitcoin is the base money now. We aren’t investors, we’re savers.

Coincidentally, that machine is apex economic system for sustainable wealth creation because it provides the greatest incentive structure.

The reality of compounding interest means that wealth will either exist and concentrate, or not exist at all.

Competing systems have the same wealth concentration, just amongst fewer people and it’s distributed by loyalty to the ruling party rather than economic productivity.

Hi, names Sillyboi. I like willfully giving away information about myself on an open protocol so profiles can be compiled based off my history. Looking for a new friends, maybe foreign government intelligence or maybe even a domestic intelligence service if you’re cute enough. Just generally want someone to know me better than I know myself, and to predict my actions using artificial intelligence. Hell if we really hit it off you might be able to use the data you compile to create actionable plans to manipulate me 🤷‍♂️

Replying to Avatar calle

Satoshi was so badass (h/t nostr:npub1g53mukxnjkcmr94fhryzkqutdz2ukq4ks0gvy5af25rgmwsl4ngq43drvk):

Historically, people have taken up scarce commodities as money, if

necessary taking up whatever is at hand, such as shells or stones. Each

has a kernel of usefulness that helped bootstrap the process, but the

monetary value ends up being much more than the functional value alone.

Most of the value comes from the value that others place in it. Gold,

for instance, is pretty, non-corrosive and easily malleable, but most of

its value is clearly not from that. Brass is shiny and similar in

colour. The vast majority of gold sits unused in vaults, owned by

governments that could care less about its prettiness.

Until now, no scarce commodity that can be traded over a communications

channel without a trusted third party has been available. If there is a

desire to take up a form of money that can be traded over the Internet

without a TTP, then now that is possible.

Satoshi

I agree.

One fundamental thing about gold that must be included when talking about its property is its supreme durability. It’s essentially indestructible and non-corrosive, which allows its stock to flow ratio to be very large.

Bitcoin has a higher stock to flow ratio after the halving of course. But they’re similar use cases to the same problem: monetary debasement.

Analogue vs Digital. Both will remain relevant

I wish RFK jr had a shot but it seems like he’s only there to siphon votes from trump. Establishment wins

25% of tax receipts are being used to pay interest to bond holders, a fair portion of whom are foreign entities.

Raising taxes is political suicide.

You can expect accelerating debasement of the currency.

Stocks, Gold, Silver, Bitcoin.

Bonds are picking up pennies in front of a steamroller.

Imagine reading something from the ECB and being like “yeah these people know what’s up”

They’re literally just Fed minions over there lol

Living in their head rent free