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Mark Harvey
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Bitcoin

NOSTR sucks ❤️

Buying up all the goddamn Bitcoin: My Magnum Opus

Barrels of crude oil in United States Strategic Petroleum Reserve (SPR):

The SPR has been drawn for 16 months in a row, contributing to a lower reported CPI inflation number.

#Bitcoin price is in a forever pump. Few recognize this.

Ethereum must be stopped.

…and it can be stopped because it’s centralized.

I’m buying all the Bitcoins

Quantitative Easing(QE) was introduced to the US in 2008 as a temporary fix.

Since then, we have not been able to stop doing QE because there’s simply not enough buyers of our debt to support the level of government spending.

In recent years, each slug of QE easing has been bigger than the last:

Sept 2012: $40 billion per month

October 2019: $60 billion per month

March 2020: $120 billion per month

#Bitcoin maximalism is an idea who’s time has come

Quantitative Easing(QE) and the Fed Balance Sheet:

QE refers to the Fed purchasing Treasuries and MBS with printed money to inject money into the financial system. QE is a new tool that the Fed only invented in 2008 as a response to the Great Financial Crisis.

In recent years, each slug of QE seems to be larger than the last.

Is Quantitative Easing sustainable long term?

They selfish reason for Tweeting attacks against Ethereum is that it attracts other people who hate Ethtereum into your network

Tomorrow:

a) The Fed pauses interest rate hikes before hitting their inflation target. Credibility in the Fed system is lost. #Bitcoin  pulls a Bitsignal(see chart below).

b) The Fed raises rates despite banking failures, exacerbating the systematic banking crisis. Credibility in the banking system is lost. #Bitcoin  pulls a Bitsignal.

Percent change in foreign owned US Treasuries since Jan 2020:

Japan: -9%

China: -20%

United Kingdom: +49%

Consumer Price Inflation (CPI) calculated using the 1980 methodology by Shadowstats:

Using the 1980 method, CPI is still nearly 14% YoY compared to the 6% reported by the Bureau of Labor Statistics.

For background, the method used to calculate CPI has changed several times since 1980 in order to show a lower CPI number.

Imagine believing in “The Big Bang Theory” as to our creation, while at the same time dismissing BTC to $1M in 89 days as a possibility

Segwit, Taproot, Lightning…#Bitcoin just keeps getting better.

Now with the recent Bit Signal upgrade, price is all but guaranteed to get to $1M in just 89 days.

Competitive Bitcoin stacking