Freedom technology (decentralized communication protocols) are enabling the discovery of truth at an exponential rate. Networks are growing. More and more time and energy, globally, is being diverted and redeployed efficiently. Bitcoin's long term chart is evidence for the same.
Harsh reality: If you do not put in the hours, and do the work, instead lazily choosing to rely on others to take care of you, you are becoming irrelevant. In other words, your time and energy is inefficiently being allocated, and you are worth less and less to society, with increasingly reduced purchasing power, standard of living, health and longevity. It is also impacting your family, their future and happiness.
The good news: it is never too late to make a good decision. Enjoy the day.
#introductions #bitcoin
#bitcoin can be a lonely journey. But, from each block to the next, much love and gratitude to you Freaks showing the way. 🙏
Ben Affleck on AI: "Will disintermediate the more laborious aspect of filming... that will lower the barrier to entry." "Craftsmen is knowing when to work. Art is knowing when to stop." https://v.nostr.build/6iyDCviob0D0mbNg.mp4
My boy' wicket smaht
#Bitcoin requires work, which rewards you with serenity.
Interesting, but suspect this allocation does not reflect Buffett's decision, but rather the bonds were bought by insurance subsidiaries whose investments are likely not directly managed by Buffett (ie, some CIO has guidelines within which they have autonomy).
$100k will have to wait, apparently. But don't worry, it won't take long for Cramer to reverse course.
I feel so alive: The world can't ignore us, even as some remain blindly wed to the dogma of their false training and historic tribes.
Such an important observation. We are pumping, ATH after ATH, and the US ETFs are dormant.
When the ETF providers tokenize the ETF, you know we have reached peak 🤡🌎
Nostr = freaks exploring the "edges" of trend and reality. The edge is the tip of the spear. It is where change happens. It is the New Frontier. It is where outsized return occurs -- financially, intellectually, spiritually. I am humbled to be here, thankful for all of your gifts of thought, benefitting from all of your participation, while doing my best to pay it forward.
The latest interview with Brunell is interesting. Saylor said that, in 2020, he saw Microsteategy dying. Stock price was in the tank. Options and equity grants weren't keeping employees. Powell was signaling their cash hoard was worthless, and Wall Street agreed. So, it is easy to be "courageous" when you are staring into the abyss.
Senator Lummis says Treasury should convert gold for Bitcoin reserve
The United States government has the biggest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet.
[Source](https://cointelegraph.com/news/senator-lummis-says-treasury-should-convert-gold-bitcoin-reserve)
Doesnt the US owning bitcoin incentivize inflation, hurting its citizens? Thinking about the game theory, if the US wants to own bitcoin, it will want it's price to go up. What better way to pump the price than debase the USD, by issuing more and more debt?
Seems like the solution is more than just establishing a bitcoin strategic reserve. The problem is government spending.
Proof of work is the apex predator
Talks about the UK scene, and efforts to promote BTC politically there.
Not sure if anyone here listened to Stefan Livera with Freddie New?
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 memes so effectively “Nothing stops this train”
In either event - #Bitcoin is your lifeboat.
"So, don't worry about this. You don't have to accept it all at once; I'm not sure that anyone can. Just take what you can, then come back for more later. It's just as well to let ideas like these sink in and build slowly. When you plant seeds, they shouldn't spring up immediately...they take root first, and break the surface only when the roots are ready." - A Lodging of Wayfaring Men
Typical, anti-freedom liberal mindset. Reality: everyone is going to buy what they want, there isn't a thing they can do about it, and they have already wasted too much time and energy on a false illusion of ultimate control.