How I, a low IQ pleb, sees btc game theory playing out amongst Nation States:
⚡ Plebs meme bitcoin into the collection consciousnesses of political leaders around the world simultaneously bringing awareness of their own insolvency
⚡ US devalues currency, quasi YCC, lowers taxes, asset inflation, lowers debt/GDP for a period of time, places key tariffs to stimulate US production of goods & services, implements DOGE and tries to set the foundation for effectively unwinding the effects of 50 years of the Triffin Dilemma
⚡ Bitcoin reserve implemented, aggressive in speed and size. Global Bitcoin game theory unleashed.
⚡BRICS nations licking their chops and happy to give US a head start on stacking BTC because their economies are net producers and energy rich
⚡If the US changes the game to one that has a fair set of rules while over time unwinding the extractive USD hegemony they MUST turn the US back into a production powerhouse of goods, services, energy, AI, robotics, innovation etc. otherwise their BTC stack and position of global leader will become distributive to other nations.
⚡Circling back on the importance of DOGE. It's not about cutting the deficit IMO, it's more important to remove the bureaucracy and red tape to allow companies to build & compete on a global scale letting the free market flourish which will outcompete centrally planned ones like Russia & China.
What are your thoughts? Let's flush out some ideas.
nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcqz7p82 nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncxzszx8 nostr:nprofile1qqs9uvfevnpw7gn2v7nudzk86lfsyjgnd6h2j0je0rnc9c87g0nlfmcyfc5v9
Does anyone know of a promo code for the Umbrel home node?
Keep stacking, stay humble, constantly be learning
I meant more so that technology is deflationary. AI is part of that. Productivity from tech should flow to people in the form of lower prices.
Prices are falling if you hold bitcoin. Meaning Bitcoin is your measuring stick.
Prices are not falling if your measuring stick is fiat.
Bitcoin measures the impact of AI
That thing could mine a ton of bitcoins!
I love giving bitcoin to the kids of my friends who haven’t bought bitcoin yet.
No one wants their 8 year old son to have a bigger package than them.
Game theory accelerating
My 8 year old daughter smash bought her first sats over Christmas.
She got $400 Canadian cuck bucks and wants to save for a horse.
Told her those paper bills will lose value and bitcoin will make it easier to buy the horse.
Also .002 Bitcoin doesn’t hit as hard as telling her she can buy 232828 sats! She thinks she’s rich!
I said sweetie, you’re pre rich. Few.
Love it. I’ve been back on the horse these past few days as well. 💪🏻
Getting our first bitcoin payment soon for my sign company. About 0.3 BTC.
Wealth management client wanted to pay cash, asked if he could pay with bitcoin instead. Said yes..
Don’t ask don’t get .. a circular Bitcoin economy.
MOE ftw
Average cost of a house in US measured in BTC
History of money in a sentence:
If something can be gamed to benefit some over others, it eventually will be.
#Bitcoin fixes this
I’m not sure how yet. It’s blocked in canada
nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l bringing the signal with nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk.
Prices of stuff about to crash measured with #Bitcoin.
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What an episode 💪🏻💪🏻💪🏻
Also feel like the bitcoiners should donate to help fund legal fees for Custodia Bank
My pleb take on Saif and Saylor’s chat about yield on Bitcoin:
Yield comes from prices falling against #Bitcoin. Said in another way, your purchasing power increasing is the yield not the # of units you have. Money is just information.
Technology is deflationary and exponentially increasing with AI, robotics 3D printing autonomous driving etc and they are converging. Prices of goods and services are collapsing to their marginal cost of production (lines of code over time).
Over time people borrowing will have to return at least the rate of deflation plus risk. If the rate of deflation is currently -5% and increasing it will make less and less sense to loan money into the future especially if your hurdle rate as a bitcoiner far exceeds what you can get in traditional lending markets.
Risking your bitcoin which increases at say 50% per year to earn 5% doesn’t make much sense to me.
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe ~agree?