Profile: dfa94a58...

AI , unless its a gas lighting tool(probably is), will by definition tend to the ordinary. It will become Average Man.

Mstr is a debt based leveraged btc position that makes the assumption that there is little or no risk. Margin calls are made for such assumptions. I hope it works out, we need it to work out.

I have had debates with people about no countries vs many countries. I am not quite sure which is best. One world govt also doesn't want many countries , just one. On the other hand divide and rule under one global govt requires many countries.

"Captured" can mean many things. For example the gold price is captured because the "spot" gold price has nothing to do with spot, it is a paper gold price and is the nearest month derivative price. If you can print unlimited fiat to sell short unlimited (often naked) derivatives then you have captured the price. You can spoof volumes and costs by using off chain trades that may or may not be settled on chain later. Wall st is a spoofing machine and a fractioning of assets(reserves) machine. Its practically all they do.

Which is why I am no fan of ETFs and other financial products based on bitcoin. But they will always exist so we need to get used to that.

The yen carry trade , where the lower yen rates vs the dollar were exploited by borrowing yen to buy higher yielding treasuries and pocketing the difference almost risk free , has blown up. This was a huge source of profits for decades in the west, paid for by the productivity of the Japanese salaryman. The west tried to shore up their bombed out balance sheet by seizing Russian resource assets, the richest in the world and then claiming back Chinese manufacturing industries, by war. Plunder and war and financial chicanery is all the west knows. And now its over, the west has lost everything. The shithole will disappear under the waves.

Replying to Avatar Lyn Alden

You tolerate other people ten times more if you know ahead of time that you have a shared principal with them. You'll disagree around the margins but realize you're basically on the same page.

Back in like the 1950s USA, people felt that sense with their neighbors, church, and even government. They might disagree on things, and there were some shitty downsides to that (anyone not in the majority) but they were like, flag-waiving Americans. So a question is how to recreate that, and more broadly than it once was.

And ironically, as shitty as the authoritarian economic and legal situation is in many ways, people in Egypt today feel that way today. There's a substantial sense of unity or shared ideals, aside from a small percent of extremist outliers. That's true for many developing places.

One of the major strengths of the "bitcoin community" is this set of shared identity. Bitcoiners will loudly argue with each other, but they know they have at least one foundational shared agreement. That's healthy.

There were times, at like conference side-parties, where I noticed I was standing in a friendly discussion circle with like an anarcho-capialist to the literal right of me, a progressive to the literal left of me, a human rights advocate from an authoritarian state in front of me, a billionaire capitalist with pragmatic politics also in front of me, and us standing in a circle happily talking and basically friends. It's because we have at least one shared major principle that brings us there. A unifying factor for which, as we enter discussions for which we might disagree, we know we can build common ground upon.

As certain countries get hollowed out, and as neighborhoods become more remote and distinct, I continue to believe that local in-person bitcoin communities are absolutely profound. Regular meetups help exchange local fiat with bitcoin P2P, help educate people on the latest tech, help bring people from different viewpoints together, etc. Absolutely essential.

Religion is that shared sense that gives the cohesion.( At a bitcoin conference there is another type of religion lol!) Why do you think the Bolsheviks and now the Ukrainian govt almost as the first order of business destroyed the churches ?

The EU and the USA , that want full financial transparancy '"for security", have stolen the interest earned from Russian forex that they have frozen and will soon also steal that.

Why would anyone sanr put any money in these jurisdictions ? They wont, and already sovereigns like Saudi are pulling their money out. The EU and USA are committing suicide. Good riddence.

Cynicism is a valid protection mechanism gained through insightful experience.

Don't have to be any expert in anything to know that something stinks:

"So a 20yo,  loaded up a long gun, drove to a trump event, parked, carried the long gun, somehow found a ladder, all while evading 100 police and bystanders.  Climbed a mystery ladder, laid down on a white roof with dark clothes, bystanders yelled for help for minutes,  and somehow got off a few shots"

Those liabilities will all be funded , by a hyperinflated dollar. Youll get your entitlements but it will buy you a loaf of bread. The govt/banksters stole the money at today's value and will pay you at tomorrows value. Nice business if you can get it. Called the Cantilion effectc

What about fees ? When, not if, bitcoin fees go higher than the unbanked can afford, is this different ? Are these nostr txn fees somehow tied to bitcoin fees ? Because it was shocking to see non custodial LN freeze when bitcoin fees went through the roof.

The real estate market is tied to the bond/mortgage market. And as rates rise and bonds crash, real estate prices come down. When servicing the mortgages become unaffordable, buyers dry up and your property loses value even if you've fully paid off your house. The only time to profit from real estate is in the debt expansion cycle. The debt contraction phase kills property value. The last bond bull market lasted nearly 40 years, this contraction could last decades and this time the fiat currency will also collapse.