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MindMining
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Bitcoiner Hobby Farmer Freedom Absolutist Voluntarian #NostrOnly

Imagine Americans actually having a decent conversation with Russians....

Listen to:

Judging Freedom: Scott Ritter: LIVE from Moscow, Russia - Russians on Putin.

Episode webpage: https://art19.com/shows/judging-freedom

Media file: https://rss.art19.com/episodes/d902bbff-d278-46ad-a93e-81f1cc139728.mp3?rss_browser=BAhJIg9BbnRlbm5hUG9kBjoGRVQ%3D--bba5bdd77df5f5806138bf3e7d4615ea7f8e6a75

Which (the lower high) happened every single time before each halving

"Until something really bad happens, we'll be just fine..."

Isn't that always the case with unprepared people?

War is a racket...

And the taxpayer is funding it. Again, again and again...

Judging Freedom: Prof. Jeffrey Sachs: US Foreign Policy is a Corrupt Scam.

Episode webpage: https://art19.com/shows/judging-freedom

Media file: https://rss.art19.com/episodes/35a8fea9-1c6f-43f4-944b-68ab8d258d7e.mp3?rss_browser=BAhJIg9BbnRlbm5hUG9kBjoGRVQ%3D--bba5bdd77df5f5806138bf3e7d4615ea7f8e6a75

Finally a warning from bad people to CBDC lovin' bad people.

Or you just #bitcoin ......

https://youtu.be/7ZQkI5GVeTU

Obomb'em

War Is a Racket

ETF bitcoin will be equivalent to paper bitcoin (a centralised ledger outside the bitcoin ecosystem and thus its blockchain). The assumption is that the ETF providers must hold an equivalent amount of bitcoin in order to supply the ETF (One paper bitcoin promised IOU equals one real bitcoin in holding).

What gold ETF teaches us is that this does not need to be the case. There is way more promised paper gold than gold around.

The only way it could impact the price is if the trust in full reserve of gold or bitcoin holdings is questioned. The questioning will occur if the majority of people having an ETF would like to see it converted in real gold or bitcoin because fhey want to self custody based on lack of trust in the centralised IOU system.

This could create insane scarcity if too much fractional reserve was allowed in the first place. Say; an ETF IOU bankrun would occur...

"If it's important to you, hire a coach!" - Robert Kiyosaki

("Instead of eating that cheeseburger")

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business: Crash & Grow Rich – The Key: Don’t Wait for the Crash!

Episode webpage: https://www.spreaker.com/user/16817281/crash-grow-rich-the-key-don-t-wait-for-t

Media file: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/58128218/richdad_livestream_dec27_v2.mp3