My working assumption is that Saylor is an attack vector on Bitcoin. Icing on the cake if he isn’t.

My friends who are cynical about Bitcoin do see value in gold.

So close yet so far!

Do you see any merit in projects such as this one for very small Bitcoin transactions?

Go all in on Bitcoin. She’s your mum so you can step up and help her as and when required.

I don’t think so. Covid showed that you can coup people up in their homes (if there’s a big enough crisis). This slows down monetary velocity which hinders hyperinflation. They also have other tools: capital controls, instructing banks to severely limit transactions and, of course, CBDCs sweetened with the allure of ‘free’ handouts.

My friend thinks Bitcoin is the Emperor’s new clothes.🫠 I may need to downgrade him to an acquaintance….🙁

“ The electorate then receives the special premium of rising inflation “

I don’t know whether to laugh or cry at the absurdity of it all!

Nice share. Some notes:

Main Street sacrificed all of their assets so Wall Street could speculate.

Bitcoin can recapitalise and re- collateralise the whole economic system.

Over-collaterisation on Bitcoin will be more stable than the current under-collaterilsation on bonds, equity and real estate.

With Bitcoin as your unit of account, you gain equity participation in the economy; the more debt that gets created, the more you’re rewarded by owning Bitcoin.

Bitcoin is an exquisite tool for combating government excess.

Being ahead of the euro-bureaucrat curve is not a big achievement but still feels good.

Can you imagine the cognitive dissonance for ECB staff? Present a calm persona in press conferences and interviews but panicking behind the scenes.

True. But imagine if it was applied programmatically on a triple-entry ledger. A Bitcoin like CBDC but without lizard people calling the shots.

I’ll see myself out…..

I’m very anti-government in my thinking these days but I’ll give this a shot.

How about: during the ‘good times’ the government allocates x% of tax receipts for an emergency fund. Then, when the ‘bad times’ arrive it funds a tax cut from said emergency fund to help people during the crisis. As this is fully funded, it shouldn’t cause a sell-off in the bond markets (which would make things worse).

Nice note!

“ Lowering borrowing costs fuels the endless debt treadmill, herding individuals and businesses alike into ever-expanding financial dependence. This short-term "stimulus" strategy is a cornerstone of central bank playbooks, but at what cost? Each rate cut tightens the grip of a system built on debt, perpetuating a cycle that creates more liabilities than prosperity. “

Thank you, sir.

I guess Trump has so much ‘political capital’ that it won’t be too much of a set back. But it does seem sloppy.

I thought Gaetz realised he knows too many people on the Epstein list and didn’t fancy getting killed….

Why did Trump pick him? Wouldn’t his advisors have known about the vetting process?

Have your popcorn and hard assets ready for the show!

Done diddly done.

🤣permission to post this on nostr, sir?!

A bot which can earn sats on SN and not get muted > a bot which passes the Turing test

“ Another escalation took place on Friday, when Finance Minister Christian Lindner published a paper about reviving the struggling German economy.

"The paper reads like a serious attempt to analyze Germany's problems and propose solutions. However, it argues against fundamental SPD and Green positions and will therefore be hard for them to accept," Greg Fuzesi, euro area economist at J.P. Morgan, said in a note on Monday.”