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Toby McMann
cfc09e2c78fe9d5566c6c0f85cfd433dde0c95ec40b44e12a1ecf900fc373afd
Bitcoin enthusiast | Nostr only Nosce te ipsum

Be yourself, and trust in you! You have everything you need. Love it!!

Being one of the least flexible people on the planet this chart evokes mild PTSD! 🤣

Replying to Avatar ODELL

brutal

I hate to say I told it so, but I told it so. Why did folks think the cycle wouldn't diminish and disappear, as the the supply shock from the halvenings does the same? Price is now more a function of demand. If folks want NGU, they should be spending time and energy on the next level of adoption. Look forward, not backward. Stay humble, stack sats.

Currently, Japan's government has interest expense ot ~$70bn. On total debt is ~$8.7Tn, it implies a 0.8% interest rate. At 2%, it is ~$174bn. Tax receipts are ~$500bn. I dont think this math works very well? 👀

How about just making it work? I try to add a podcast to my queue...it sometimes works, sometimes doesnt. I hit play on a podcast. Sometimes it plays, but only after a big delay. Sometimes it doesnt. I open up Apple or Google, no delays. Just quick efficient access. Can we do something like that?

If the US really wants the US dollar to remain at the center of the global financial system, the Ukraine war needs to end, Russian assets need to be returned, and Russian institutions welcomed back onto SWIFT, etc. Or maybe it is too late? How badly does Russia want its money back?

I sometimes think of Satoshi as Gandalf, and Bitcoin as the signal. #hope

https://youtu.be/fyIjoXv6Y-0?si=kEf7TipOFNyOs95G

With sound money, productivity gains are shared by everyone in the form of higher purchasing power.

This increase in purchasing power drives "animal spirits" -- ie, hope, increased confidence, investment, spending.

Governmental intervention does the exact opposite. Keynes was wrong.

Tim May passed on this day, back in 2018. Rest in peace. 🙏🙏🙏

https://youtu.be/TdmpAy1hI8g?si=oxJ42YzMM-meIMs8

Lyn, appreciate you choosing macro content for Nostr.

Terrific perspective! 🙏

Bringing rationality to an irrational person or situation, expecting an rational outcome or response, is a recipe for failure.

I"m still struggling with the end game here. Can someone again tell me why Trump bombed Iran and is threatening WWIII?