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"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford

"Intrinsic value" is the shibboleth of economics: if I hear you say it, I know you don't know what you're talking about.

Replying to Avatar Liberty Gal

It is worth reading this whole article, but this was the highlight for me. (by Robert Malone)

"The reason to deploy censorship and psychological technology on the population is to maintain the status quo, which is favorable to some group, some elite group - the oligarchs, we could call them. They want to maintain the current status and they want to do it through possession of this kind of technology. What that does is it creates a situation, particularly in times of change, such as we're in right now, where the difference between the current situation and an optimal solution gets larger and larger and larger. Does that make sense? You're locking in one set of solutions. You're not allowing the culture, the environment, the economies, the governments to adapt to change. You're forcing them to stay in this current situation. The populace observes that their situation relative to what could be becomes worse and worse and worse. There's a larger and larger gap between an optimal solution and the current solution.

Eventually that gap gets so big that it can only be resolved in one way. And we know what that way is. We call it revolution, major social disruption. Now, if you allow free speech and interaction in exchange of ideas in a decentralized environment, what you have is incremental improvements. You never get to that point where the population is so frustrated because they've been locked into a bad set of solutions. You don't have those major disruptions. You have gradual incremental evolutionary change in a society towards a better and better set of solutions for whatever the problem sets are. But by allowing propaganda - “PSYOPs”, what we're doing is we're locking, certainly, the Western population, and increasingly the global population, into a suboptimal set of solutions. Now, one of the other things that happens when you have one of those major disruptions is the population at that point is looking...

Think of the French Revolution.

Think of any revolution.

Populations in general, the average person sees this as a mess. "It's not serving my interests. I'm being pushed just like the Argentines did into worse and worse economic situation. I'm going to revolt. We're going to have some major change." And what do they do? They will take some solution off the shelf, such as Marxism, that's never really been tested. Never worked when it has been tested, but it's sold to them as a solution set. And they'll go ahead and grab that. Not only do we have these sudden disruption events that we call revolutions and the failure to incrementally allow for evolution in society and economics, but we have the willingness of a population to accept and assimilate some solution that's pushed to them, something that's marketed to them that's never been tested before. That's how we end up with these messy situations.

I don't have time to go into all the nitty-gritties and the wiring diagrams and the relationship between CISA and the State Department and all that. We can see that, and I recommend to you the recent Mike Benz interview with Tucker Carlson as a real eye-opener for the whole arc of history about how this is developed. In these brief remarks, I wanted to make the point that if we allow this to happen, we immediately lose sovereignty, autonomy. Any concept of election integrity goes right out the window.

Remember, peer-reviewed, validated paper shows a 20 point difference. All Google has to do is twizzle some knobs and they can basically choose whoever is going to win and whatever party is going to win and what the policies are going to be in pretty much any nation-state in the world right now. But furthermore, if we allow this censorship propaganda, industrial complex to continue to grow and develop, we're going to be in a situation in which we lock the world into a set of suboptimal solutions and prevent it from evolving to give rise to a better world for all of us. With that, I'm going to conclude and thank you for your interest. Again, thank you for being here."

#grownostr

https://rwmalonemd.substack.com/p/psychological-and-cognitive-warfare?publication_id=583200&post_id=142052984&isFreemail=true&r=1r70jj&open=false&utm_source=substack&utm_medium=email

Very insightful, potentially concerning. Fortunately we're not personally locked into the bad decisions made at the societal level. See the lies and propaganda for what they are, check out of the dysfunctional system, and chart your own course.

Stock market investors are a lot different from Bitcoin hodlers. Their goal is to "make money", so when the value of the dollar falls against their stock and its price rises, they see an opportunity to get more dollars, which is their goal. So higher stock prices are always fragile, because investors view it as a good opportunity to sell.

Awake hodlers buy Bitcoin because they don't want failing fiat currency. When the dollar falls against Bitcoin and its price rises, the perceptive hodler sees it as a bigger incentive to stack more and avoid the failing fiat currency.

High prices increase Bitcoin hodlers' conviction, and decrease stock investors' conviction. You can't make great financial decisions while still "keeping score" by how big your dollar stack is.

#bitcoin #price

💯

#memes #homestead

Matthew 7:21-23

21 Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father which is in heaven.

22 Many will say to me in that day, Lord, Lord, have we not prophesied in thy name? and in thy name have cast out devils? and in thy name done many wonderful works?

23 And then will I profess unto them, I never knew you: depart from me, ye that work iniquity.

if you ever feel dumb just remind yourself there are people who owned Bitcoin and just sold it at the new ATH because "le lines on le chart" 🤣

#btc #stacking

me every day, live free or die trying

#memes

The time between dystopian apocalyptic fiction and the news is rapidly approaching zero, and looks poised to go negative

I couldn't get my score above 800 without a mortgage no matter what I did. But sub 4% on an investment property in 2021 was too good to pass up, keep the real estate and stack a bunch more sats? And rent covers the mortgage? Yes please. Did boost my credit score too, so more potential in the future to short the dollar at the right opportunity

https://m.primal.net/Hiex.mp4 Voicing Doubts: Steve Weiss openly expresses scepticism towards #Bitcoin, stating, "I don't believe in Bitcoin. I still see no use case other than speculation."

🧐 His perspective ignites a crucial debate about the intrinsic value and practical applications of cryptocurrencies.

Do you agree with Weiss, or can you highlight real-world uses of Bitcoin that counter this viewpoint?

Let's dive into a constructive discussion on the utility of #BTC beyond the speculative lens.

#CryptoDebate #DigitalCurrency

Anyone who unironically uses the term "intrinsic value" doesn't understand the most basic fundamentals of economics correctly.

Bitcoin is money. Its real world use is the same as any money, a social ledger to coordinate economic activity and allow for division of labor, saving, and capital formation.

Sold out our future for the most high time preference, selfish, corrupt reasons imaginable. Despicable.

#economy

Quantum computing has had decades of hype without any current real world application. It's typical of the overall trajectory of the past 50 years.

Bitcoin is one of the few real technological breakthroughs in the past 50 years. Mostly it's a lot of financial engineering, a lot of incremental improvements to existing tech, and a lot of hype with no real world application. But hey, we're eviscerating the foundational values of Western civilization, and the richest man in the world sells road legal oversized golf carts to keep cow farts from boiling the ocean, so there's always that 🙄

Transaction fees. Miners update the chain, which is how transactions are made. If Bitcoin is successful there will always be demand for transacting, and of course it won't be free. Transaction fees are the cost of securely sending Bitcoin, and will be paid by those sending Bitcoin. Block subsidies are just a way to bootstrap the network until adoption grows.