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Weakness always sees potential aggressors, not realizing that there is nothing to take from it.

Does relevance have patience?

Cypherpunk without an ecosystem is child's play.

If people paid more attention to history, they would become immune to stupidity and know that all tariff wars are a loss for the initiating country. Iran and Russia have shown the world that it is possible to grow even under tough sanctions..

Replying to Avatar Peter Alexander

The China deflation story is one that you all should expect to see more of in the media over the coming months. Allow me to quickly explain why prices throughout China remain depressed.

For those who’ve not heard me say this before, allow me to repeat. ā€œKeynes is Dead in Chinaā€. Contrary to whatever you might have seen or read, there’s been no massive fiscal response out of Beijing. Yes, there’s been a firehose of debt issuance, but very little of it has been for the purpose of fiscal support.

A few points to make. There has been zero fiscal support provided to Chinese households. Beijing did just that, indirectly mind you, during the 08/09 financial crisis and it not only blew a hole in China’s overall fiscal position, so too was it the case that malinvestment surged. That mistake wasn’t going to be repeated again.

Beijing leadership is also well aware of just how precarious the fiscal position is among the G7 nations. This has been a known quantity for at least a decade. The thinking here is that if China were to ā€œeat bitternessā€ today, then the country would be in a (relatively) stronger position at the very time the G7 nations succumb to their own debt crisis.

But what of all the stories that China has unleashed its own printing press. There are two points to be made on the count.

First, the majority of the proceeds from the bonds issued are being deployed to regional governments with the sole purpose of cleaning up local government financing vehicles (LGFV). There’s been a truck ton of ā€œoff balance sheetā€ debt built up over the past 20 years and Beijing has been aggressively working to restructure the debt.

Second, given that the ongoing restructuring of the entire Chinese economic model has resulted in slowing activity has meant lower tax receipts. The fiscal hole is being plugged through the debt issuance you’ll see written about in the media. Here, again, this isn’t stimulative. The proceeds from the bonds issued are just being used to pay the governments ongoing bills.

It is completely unclear if the steps being taken by Beijing will lead to a more stable and stronger economy. While I can state that we, here, in China are past peak pessimism there does remain a giant question of this plan will ultimately work. For myself, it is clear that Beijing recognized that they had a problem and have taken steps to arrest that problem. Now we just wait to see if it all works.

https://www.bloomberg.com/news/articles/2025-05-28/china-deflation-worry-deepens-among-economists-after-trade-truce?utm_source=website&utm_medium=share&utm_campaign=copy

I think China is bluffing and understands perfectly well that it is on the brink due to the constant dumping of its goods.

The question is why the States are falling for this.

Evil does not exist, what exists is the pervasive folly of mankind.

The entire problem is accumulation..

The enforced repatriation of production through state-mandated localization not only fails to mask, but rather exposes, a rotten legislative framework underlying the structural crisis. Coercive measures inevitably provoke a backlash, compelling capital to seek refuge in places where the tax burden and bureaucratic overreach are minimized. Historically, centers of capital have shunned suffocating conformism, fleeing the quagmire of outdated regulations. Only by breaking with entrenched dogmas and adopting bold reforms can we ignite dynamic economic growth and intellectual rejuvenation.

In the annals of history, the idealistic experiments of 19th-century free communities promised absolute decentralization and egalitarian self-governance. However, these utopian dreams inevitably devolved into structured hierarchies, with charismatic demagogues steering the collective toward new forms of authoritarianism. Today, the crypto space voices these same aspirations, lauded for its initial promise of liberation from centralized control.

History should serve as a reminder: liberatory visions are continually undermined by the inexorable pull of power consolidation. People must carefully examine the roots of the ideologies that have morphed into today’s digital ideas, lest they fall prey to the same cyclical flaws and inadvertently reproduce yet another new social camp.

Discipline and competition are the true determinants of price.

Decentralization and diversification represent a deliberate dismantling of autocratic power. By dispersing influence across multifaceted arenas, we unleash human ingenuity and incite the emergence of previously uncharted economic sectors. This marks a profound shift in hierarchies.

The ecosystem is a construct of mankind, sustained solely by his active involvement. Any notion that an asset or mechanism might substitute for human engagement is a fallacy—one that ultimately leads to self-erasure from the very process it once powered. No surrogate will labor in your stead; it is only through relentless cooperation and perpetual interaction that true progress is achieved.

Decentralization and freedom aren’t empty slogans for the uninformed; they are hard-fought ideals that demand daily, relentless effort of both mind and hands. These values, thriving only under intellectual discipline, surpass the mundane market of materialism, preserving human dignity, national honor, and an unwavering faith and knowledge in the Highest Power.

Replying to Avatar jack

unless btc ownership becomes truly decentralized, with a consistently broad distribution among the general populace that goes beyond a privileged few, it will never be able to perform on par with gold.

Freedom is the sovereign right of self-actualization, yet when its exercise encroaches upon the immutable liberty of others, it transforms from a noble entitlement into a license for brutal retribution.