Whenever we go to the local Italian restaurant, the waitress asks if we want dessert or coffee afterward.

I know it's a common thing, but for the life of me I don't know why anyone would want coffee after a big meal at night.

You may think that you own your dollars or other fiat assets, but the government actually owns your purchasing power.

The US has long weaponized the US dollar against its adversaries (including China).

China is now starting to weaponize the global manufacturing and supply chain against its adversaries (including the US).

This won’t end well for the US dollar’s multi-decade hegemony and status quo of the West’s geopolitical “elites.”

Consider owning some bitcoin and gold while the debasement of the dollar accelerates over the coming 5-15 years.

Not sure who needs to hear this (zoomers?) but there's no need to wear underwear underneath swimming trunks 🩳

Long Blue Collar work and short White Collar work over the coming 3-5 years.

#AI

"Ultraprocessed food is associated with a greater burden of atherosclerotic plaque in the carotid artery."

All Radiologists know this, but few normies do because of false advertising, misleading marketing, malevolent government incentives, and pseudoscientific nutrition studies.

Recommendation:

Eat clean. Eat whole foods... including meat and eggs.

Eat little to no processed "foods" ... which are actually pseudofoods and undermine your health over the long run... even if marketed as "healthy."

Yes.

Definitely nuclear. Also, many other forms as we witness an energy discovery/production/distribution renaissance

Only a small number to the new bitcoin treasury company "managers" actually understand bitcoin and dollar-based financial plumbing like Saylor does.

And many are literally managing billions of dollars and tens of thousands of bitcoin.

It's like giving a confident five-year old the keys to brand new Ferrari and expecting a good result.

The wheat will get separated from the chaff once the good times have ended.

Might disappear again.

See you (maybe) in late June or July at $140k to $160k or so.

I think we have just witnessed one of the biggest fuck ups in Milei’s admin so far. It is so bad that I think stocks and bonds could get rug pulled. WTAF was he thinking?

This is almost an open invitation for Kirchnerist to start a political trial and impeach him.

Finally, my life’s work is complete. #Bitcoin

Without #Bitcoin, I’d be a depressed, enslaved lawyer grinding away in a fancy office, handing over half my cash in taxes. Forever grateful to Satoshi 🧡

Anyone else having a difficult time staying caught up on relevant world events and macroeconomic data outside of X?

I am.

Meine Gedanken mittelfristig:

1. #Trump gewinnt die Wahl 2024

2. Schulden steigen deshalb immens

3. Preisinflation steigt auf 8%

4. #Milei Erfolge erhalten weltweit zunehmend Zuspruch

5. Libertärer US Kandidat '27

6. Wahl 2028 Wahl eines libertären US Präsidenten

My long-term Bitcoin concerns mostly revolve around apathy.

What if not enough people care to self custody?

What if not enough people care to enforce the rules by running nodes?

What if not enough people care to put in the hard work seeking consensus for improving Bitcoin?

The most important thing is that we continue discussing Bitcoin. The exchange rate is merely a SIGNAL that we have done well SO FAR.

What if, thanks to the Federal Reserve, credit events have essentially been replaced by debasement events?

Can major, traditional credit events even occur in the age of central bank manipulation?

(H/t to Jordi Visser and Raoul Pal)

Argentina is moving up my bucket list of places to visit. Quotes from Milei’s speech at UN today.

“The UN has become a multi-tentacled Leviathan that seeks to decide how each nation should live."

"We reject the 'Pact for the Future'—it is nothing but a socialist blueprint for control."

"Freedom is the only path forward for nations; we must resist any system that curtails it."

"Socialism designs a world it can't achieve, and when it fails, it represses the people."

"Argentina will lead an agenda of freedom, not submission to globalism."

"We must empower individuals, not centralize power in bureaucratic institutions."

"Freedom, free markets, and individual rights are the pillars of a prosperous society."

"We reject the collectivist agendas that destroy wealth and enslave nations."

"Austerity and economic discipline are the only roads to true independence."

"Long live freedom!"