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Manbyt
d0a5a7fe80d2700a3591d6c2c5cd225ebe914fb7bae20b22bfa331d3966f31dd
punk | psychonaut | permaculture | parent | 80 IQ

Since nostr:npub1g4lp0dl2j75ytgx3l287m2vhvktx0r363t6xm3n8r4qwq5xws47swgxt9c isn’t posting here, I’ll drop this recent hopium piece which is a best case scenario imho:

Is the United States playing #Bitcoin  chess while the rest of the world plays checkers?

Imagine you know the dollar endgame is near.

You've crossed the debt event horizon, and all that is left is for the US monetary system to eventually implode in a sovereign debt supernova.

What do you do? Wait for the inevitable? No.

You accelerate everything, and then exit-scam into the next global reserve asset before the rest of world even knows what hit them.

But how exactly?

1. Flood the world with dollars. Ignite global inflation.

2. Jack interest rates to the moon. Debt-laden Europe, China, etc. caught flat footed. Provoke wars to distract further.

3. In the meantime, blow up the crypto ponzis to scare everyone away and get Bitcoin prices as low as possible.

4. Pull a sudden 180 on #Bitcoin  and get every American boomer, corporation, pension fund, etc. into BTC as quickly as possible via the BlackRock ETFs.

While the BRICS play around with their Gold, China tries to hold its real estate ponzi together, Christine Lagarde buys some more Hermès scarves...

The US rapidly monetizes its debt with printed dollars.

BTC goes to $10 million+, US sovereign debt goes to zero.

US entities are protected from the debasement via their Bitcoin portfolio insurance.

El Salvador becomes the Singapore of the west.

@maxkeiser lives up to his last name and becomes Ceasar of a new island nation.

BTC becomes the new global reserve asset, with the majority held by US entities.

BTC forces fiscal responsibility onto US Federal government, parasitic politicians die out, US returns focus to builders like @elonmusk and attracts global talent.

The pendulum swings away from wokeness and the US returns to founding ideals.

Freedom of speech, religion, press, etc.

"Life, Liberty, and the pursuit of Happiness."

Small federal government, minimal foreign intervention (once upon a time the default stance of Americans).

AI advances unlock abundant energy, clean water, medical advances, etc.

US exports abundance to rest of world. Conflict over resources ends.

Bitcoin is the reserve currency of the machine economy.

Prices fall, Bitcoin purchasing power rises, humanity thrives.

~~~~~~~~~~

Now imagine for a second that this story has even a small chance of playing out...

If you're a competitor nation state, do you wait around to find out, or do you start stacking BTC immediately now that you see BlackRock going full-tilt into it?

We could be in the early stages of a global Bitcoin stack-off that leads to hyper-Bitcoinization.

Nations wouldn't be stacking for gains.

They'd be stacking to insure their wealth against the scenario outlined above.

Which means they wouldn't care about price, cycles, etc.

They care about exposure to the finite 21 million coins.

Reminder: They're all armed with money printers.

And the first one to print their currency to buy Bitcoin gains the biggest advantage.

Which means things could get really weird, really quickly.

Holy shit, prince whatshisname from Serbia just differentiated normal folk from his family. 😂😂🤣🤣

Now most of his family are normal folk, and then there’s us Bitcoiners. 🔄🔄🔄 https://video.nostr.build/70cae009d751540edc92d5f5bc875b4ccd7d864c46fa3ba4ce675254fdf37803.mp4

Don’t ask for permission, better to ask for forgiveness.

Damn. I thought I found a decent one but after the lockdowns, I was proven wrong.

Tax his land,

Tax his bed,

Tax the table

At which he's fed.

Tax his work,

Tax his pay,

He works for peanuts

Anyway!

Tax his cow,

Tax his goat,

Tax his pants,

Tax his coat.

Tax his tobacco,

Tax his drink,

Tax him if he

Tries to think.

Tax his car,

Tax his gas,

Find other ways

To tax his ass.

Tax all he has

Then let him know

That you won't be done

Till he has no dough.

When he screams and hollers;

Then tax him some more,

Tax him till

He's good and sore.

Then tax his coffin,

Tax his grave,

Tax the sod in

Which he's laid.

When he's gone,

Do not relax,

It's time to apply

The inheritance tax.

So close yet so far. We’re only heading north from here.

Greyscale have been bad actors for too long and now there are other options. I want to believe that, more likely that better terms and fees with other ETFs

Are there any Notriches in Barcelona? #asknostr

That’s a shame, I’ll also have to pay 20% extortion on top of that. Still, I’m interested.

Heading off grid into the Andalucian mountains now, don’t approve anything until I’m back, thanks.

Spring not far away??