My goal for the remainder of the year is to fix my posture

Any tips from anyone who's gone down this rabbit hole before? #asknostr

So is getting good sleep

the guy at the bitcoin thingy with a mask on will never be free

it just has caffeine.

If you were not familiar with the term “Sonder” from The Dictionary of Obscure Sorrows, now you are.

It is one of my favorite words/feelings.

Thank you to The Pan African Chamber of Commerce and Industry (PACCI) for inviting me to speak about bitcoin mining at the African Union (AU) headquarters in Addis Ababa.

i'm pretty good at recognising psychopaths, feel free to ask me any time about someone and i'll give you a guess after checking out their profile and public record

i'll explain all of the reasons why i judge a certain way also

i have this rule of three... there is 9 primary characteristics of psychopathic personalities and if you can positively identify 3 you probably have a psycho on your hands

I love Arthur Hayes' analysis.

I excerpt this chart from his latest analysis because it is just great.

The green line is the Federal Reserve interest rates.

The white line is the MOVE index which measures the volatility of the US bond market. I love that you have exposed this index as it is one of the few I use. The MOVE index is important because we can measure through it the liquidity of the dollar system. A high bond market volatility, high MOVE, can indicate lack of liquidity, on the contrary, a low MOVE is synonymous with liquidity in the markets and stability.

For Bitcoin to rise the perfect storm is:

Liquidity in the dollar system (Fed Balance Sheet - (TGA +RRP)) + rising global m2 + falling MOVE.

Now comes the good stuff. The next indicator that the chart incorporates is a combination of excess bank reserves held at the Fed and other deposits and liabilities, the ODL which as Arthur indicates is a good indicator for commercial bank loan growth.

Unfortunately this indicator is only found on Bloomberg terminals and is key to bitcoin growth as it can measure commercial bank lending which is the other important leg of money creation, although such growth is included in the m2 (as loans end up in deposits or bank accounts), it is not isolated.

What Mr. Arthur explains is that the dollar system needs low volatility in its bond system in order to be saleable and to be able to finance itself, that leads us to need to print more and more money each time.

As you can see, from 2008 onwards the previous story gets smaller, the amount of credit needed to stabilize the system (low MOVE) is brutal. Again in 2020 we move up a level, and now in 2024 we find ourselves with high MOVE volatility that has to be reduced to stabilize the system.

We are on the verge of another Brutal money printing.

🙏🙏🙏

In Asia, I always find interesting bathrooms. 😅

This one has such a nice tub in such an odd place. 🤷‍♀️

#bathtub #kualalumpur #malaysia

Good morning beautiful world ✨ anything good for breakfast?