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I like #bitcoin

Wall Street listened and what the investment community heard was not favorable.

Federal Reserve Board Chairman Paul Volcker testifies before Congress' Joint Economic Committee, where he urges to make substantial reductions in the Federal deficit during the next few years.

Meeting with a group of private economists, President Reagan said he believes the high interest rates that jeopardize the success of his economic policy will be declining "in the not too distant" future.

Federal Reserve Board Chairman Paul Volcker addresses a group of businessen at a meeting of the New England Council, and said “exceptional economic uncertainty” is causing the fed to exceed its target for money growth even though inflation has not yet been conquered.

A group protest against the Federal Reserve against chairman Paul Volcker and the highest ever interest rate of 21 percent.

1980s excerpt:

Is the dollar about to collapse?

He announced that Fed policy will continue to be "accommodative," allowing the money supply to grow.

That could translate, traders calculated, into still lower interest rates, which would make it less attractive for foreign investors to hold dollars. Volcker insists, though, that he is "not interested in jumping on a decline of the dollar and pushing it lower."

He maintains that the answer to the problem of the overvalued dollar is a reduction in the budget deficit. As Volcker pointed out, a drop in the dollar is dangerous because the U.S. depends on the inflow of foreign capital to finance the deficit.

“Kellner concedes his prediction would be dead wrong if Congress were to take a substantial chunk out of the huge federal-budget deficit-but chances for that look slim. It's more likely that continued heavy government borrowing will add to the upward pressure on interest rates-making the new economic rally a short-lived one indeed.”

Until they become conscious they will never rebel, and until after they have rebelled they cannot become conscious.

lol not me trying to see the first edition 1984

Who knows what the future of #bitcoin will look like. But I sure hope we’ll be part of it. https://v.nostr.build/m2qauhnl3fMuMsL2.mp4

Today is the 7th anniversary of the Blocksize war.

#nostr found Dan the Man a gig at PubKey. How epic? https://v.nostr.build/YfjNzj2dXDUZttqW.mp4

Since when did it became okay to dictate what someone does or should with their lives?

Most of you preach about a free market, yet want to dictate what one does or not.

SMH. The hypocrisy is unreal.

I can’t believe I’m going to enter one of the most iconic #bitcoin pubs 😁