Profile: dfa94a58...
"Haven't explained yet". Ah , the old saw that "science can prove everything, it just needs enough time". Godel proved(proved) that *everything* can never be explained. Never.
Godels Incompleteness Theorum blew up the notion that science could eventually providing all the answers. He proved that this can never happen. So, where do all the atheists go after that(most worshippers of SCIENTISM have ironically never heard of Godel) ? At this point you have to move into the realm of belief or faith. If you believe in Intelligent Design by looking around you at nature, that seems to defy entropy if even locally, then statistics backs that up , pure chance can never make all of this. Darwin has a Cambrian Explosion problem as well as "something coming from nothing" problem. God is looking more and more plausible.
As nobel physicist Joseph Hoot Taylor says(paraphrase), "science does not contradict God , it reveals God"
Nato can no supply ukraine with sufficient arms or troops. No 155mm shells, no capwblr air defense, no capable aircraft, no capable tanks, no answer to hypersonic weapons, no jdams. Nato is a MIC money laundering talking shop, thats why countries join. Russia and Ukraine had a peace plan in Turkey signed and on the table in March 2022 and Nato told them to take it off and continue fighting. The west is hopelessly bankrupt. Nato will not survive this excursion.
https://video.nostr.build/609b3d0280d5c0805c876a21467720331e0d4038f7e3b1be17c856d532b97769.mp4
Russian oil refinery in Nizhny Novgorod earlier today, 800km from Ukraine.
Far more effective to help Ukraine blow up Russia's economy with drones and agents that worry about Bitcoin sanctions.
...and as for anyone killed at that facility: they were war criminals, directly helping Russia fund its invasion. Fuck them.
Minsk treaties skulduggery admitted by Merkle, Hollande, and others. "Nato not one inch east"-James Baker circa 1990. 2014 coup "fuck the EU"-Nuland. Read some history. Get a clue ffs !
Governments will get their hands on a lot of bitcoin, most likely purchased from the names above and others.
I appreciate nostr:npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2 point on this that governments don't save, they spend. If the private market demands bitcoin for payment rather than dollars, they will have no choice but to spend the bitcoin back into the economy, decentralizing it even further.
Hodl your own corn, but also reject dirty fiat as payment for your time and energy.
It's not the govts who want to accumulate btc, it's the private central bankers, just like they accumulated most all of the gold and then created a paper gold market in which they manipulate and set the price. I submit that is the real reason for the ETFs.
Here's what the money printer does:
1. Creates a paper bitcoin via non-spot ETFs and other products
2. Makes the paper bitcoin price the ruling price, broadcast that price on all the media. They do this with gold, the ruling price is not the spot price, it is the nearest futures derivative price(paper)
3. Prints infinite money and shorts the paper bitcoin or shorts the real bitcoin or both , or just oversupplies the paper bitcoin. The money and the paper bitcoin is infinite.
Job done. People cheering paper bitcoin are in for a traumatic awakening
When the money printer has INFINITELY deep pockets to INFINTELY short any paper market, including bitcoin ETF paper markets into dust, there are no free markets . What don't people understand about this !?
Talk of ETF approval misses the forest for the trees. It's not just about immediate reactions or flows
It's about the recognition of $BTC as an institutional asset. Pensions, endowments, insurance investment portfolios, etc., will soon be entering the arena with passive buy-side flows for the long term.
In December 2020, Mass Mutual invested $100m into bitcoin. https://t.co/xdMyT7Dxxi
MASSIVE.... except not really. Mass Mutual manage $235b in assets, with long-dated fiat liabilities. https://tinyurl.com/yz3b4hpn
$100m of $BTC is a ~0.05% allocation...
Large institutional investors don't purchase something to flip it the next month. They are constructing portfolios for multiple decades.
A 0.05% allocation is just the start. There are many more many more Mass Mutuals out there, and all of these allocators are staring at their bond portfolio which is -50% from ATHs, questioning previous assumptions they held.
The endorsement by the likes of Larry Fink isn't a sign that Larry is suddenly a bitcoin bull, it's a sign that clients are knocking on BlackRock's door, asking for a vehicle to gain exposure.
The narrative violations are strong. Passive accumulation starting from the $69k ATH has you +45% right now on your bitcoin position. The same passive allocation into long bonds has you -12%.
"But the volatility!" Again, it's a misunderstanding of time horizon. A ~1% allocation to an asset that they don't plan to liquidate for years/decades, with an extremely strong sharpe ratio, is within their risk profile. If you want proof, just look at the rest of their portfolio...
- No, the orange coin is not going away.
- No, it did not die when FTX collapsed.
- Yes, supply is more tightly held than ever before.
- Yes, perpetual credit expansion of the fiat monetary system is an ongoing reality.
- No, there is no sense of fiscal austerity present ANYWHERE.
- Yes, this illiquidity means marginal flows into the market sends the price higher, which is why all of these institutions will start with a tiny ~0.05% stake, while continuing to passively allocate steadily for the long-term.
Reinforcing this all is the shift in narrative and negative bias around 'energy usage' and mining, evidenced by new academic papers on mining as a tool for balancing the grid and monetizing waste energy:
- Bitcoin could support renewable energy development, Cornell Engineering, https://t.co/EZopJJAM2i
- Leveraging Bitcoin Miners as Flexible Load Resources for Power System Stability and Efficiency, Co-authored by former ERCOT CEO, https://t.co/PEpGE65la1
- From Mining to Mitigation: How Bitcoin Can Support Renewable Energy Development and Climate Action, ACS Sustainable Chemistry & Engineering, https://www.resistance.money/research/mining_to_mitigation.pdf
The landscape and profile of the asset has shifted. It's not about the ETF, it's about the reason WHY the ETF is coming. Institutional exposure has been given a green light. It won't happen all at once, but understand the shift that is underway.
Bitcoin has been passively accumulated by individuals and retail for sometime now, while institutions mostly watched the madness from the sideline. This is changing.
Welcome.



All paper bitcoin. Wall st hates bitcoin. Why would a fiat ponzi not want to utterly destroy bitcoin, the biggest threat to the ponzi ever invented ? Wall st has more ways than sundays of rehypothecating the hell out of bitcoin. The bitcoin maxis are so naive.
or to put it another way, the definition of sound money is that it has no diminishing marginal utility. Whereas fiat does.
Keep the government out of education, food, banking, and everything else as much as possible. If a person is wronged by another person or an entity, we have laws to protect their basic rights. Otherwise, keep people and markets free from bureaucratic, state overreach.
#freedom
#truth
#selfgovernment
#NOTbiggovernment
Here’s a podcast from #[4]highlighting government overreach at the state and federal level.
https://podcasts.apple.com/us/podcast/tftc-a-bitcoin-podcast/id1292381204?i=1000640929638
The boeing mess is just one symptom of an entire compromised economy(world) Why? Because interest rates were held too low for too long by the banking cartel and it became cheaper for managment to borrow and buy back stock and cash out options and reap than to invest in great engineers and plant and organically grow the business. The banking ponzi cancer extends right through the economy and into govt. It will now collapse and leave us all in great pain. The banking cartel is the source of this problem. The banker tail is wagging the govt dog. The best democracy money can buy.
Decentralize finance, get the govt and the bankers , as they stand, out of the way.
Keep the government out of education, food, banking, and everything else as much as possible. If a person is wronged by another person or an entity, we have laws to protect their basic rights. Otherwise, keep people and markets free from bureaucratic, state overreach.
#freedom
#truth
#selfgovernment
#NOTbiggovernment
Here’s a podcast from #[4]highlighting government overreach at the state and federal level.
https://podcasts.apple.com/us/podcast/tftc-a-bitcoin-podcast/id1292381204?i=1000640929638
Keep Wall St out of finance.
"The bitcoin blockchaim can be anything , let the free market decide !" No it won't. The bitcoin blockchain will be sound money , it is designed and protected for this purpose alone, the free market has no say in that. Graffitti, games, poems and other forms of art and literature can go somewhere else.
Bitcoin is under attack by money printers with infinitely deep pockets. There is no free market, this wont be resolved by passively waiting for the free market. It will be resolved by active consensus by the hard money actors in the bitcoin network. Don't give the vandals access to a spray can to destroy the bitcoin work of art. Filter the spam like we filter dust and other clutter , this is a hard money transaction system of record, not a jpeg spam system of record.
Tax is surveillance and data collection. The money printer finances the govt, tax is the control system.
As the debt based financial system collapses, the source of their control and power collapses. Bitcoin as sound money is a direct threat to this system. They will attack bitcoin mercilessly. Get ordinals out of the blockchain , ordinals are not money , ordinals is an attack.
Unless it's a malicuous attack....
Bitcoin is hard money. Monkey jpegs have nothing to do with hard money. If you don't filter jpegs out at least filter ONLY hard money in.
Disappointed in Blockstream, they say there's no way to stop this. If that's the case we'd all better pack up and go home. Talking their books perhaps ?
Dollar is "failing upwards". That's the basis of all this. The last gasp of the reserve currency as sovereigns etc scramble to find dollars to pay dollar loans that now require more dollars to service as rates rise. Oil rising is due to price caps which always end in shortages and price rises. Real rates are (temporarily) rising putting headwinds on gold and bitcoin. End of empire playing out as advertised.
Baseload large nuclear reactors are being shutdown. De-industrialization for the Great Reset but small reactors to power the surveillance state.


#m=image%2Fjpeg&dim=1032x1406&blurhash=_LP6Kh8w%3FG%3FuxuI9TJ%5ElQ%2CaHxvV%3DROWTk%24pcbyMxkEt7r%5BEBjFV%3DogV%3Fadad%7EjXMjvaKaij%5Dn-BDOXV%5Bi%7ERQj%5Dni%5EPH%3Fa%24o%7EWEWAou%23knOf-X8ozoeoc4%3BxuadWXfkWDa%24&x=350a061154fff4ab8b95de644db10d22726655b373764a93c8d12f49fc811c80