Shitty money is what creates business cycles. h/t🧢 Ludwig von Mises

Fast forward 40 years. ...The world runs on a #Bitcoin standard, and governments are largely uninvolved in influencing the supply & price of money. What happens to interest rates??🤔

I still hear people calling #Bitcoin a bubble. Sure, it might look that way on a 2.5 yr linear chart, and u can say the bubble inflates & deflates — but u can’t say it pops…because it just keeps getting larger when u zoom out.🤷 Stay on the sidelines at ur own risk.

What are you reading right now?

Violent move in rates—why hasn't more broken?🤔 Luke Gromen makes a key point in update below: Intervention HAS thwarted deflation—trapeze artists can't get hurt when the net is always there. BUT...what are long-term risks of the perpetual Fed Put???

The Happiness of YOUR life depends on the quality of YOUR Thoughts - Marcus Aurelious

Orange Pilling can be INCREDIBLY challenging & frustrating. We explore why w/ Austin Herbert in BCB120. →#Bitcoin inception. →Why fitness doesn’t have to be difficult. →Boat Day Drinking. →Camel Toe Ego. 🎧

Blue Collar Bitcoin • BCB120_AUSTIN HERBERT: Orange Pilling Is Hard, Fitness Doesn’t Need To Be • Listen on Fountain

Austin Herbert (Open Source Fitness) joins Dan and Josh for a discussion about orange pilling and fitness.  Austin previously worked for Bitcoin M...

#Bitcoin is a dumb network, and that's why it's winning. https://medium.com/@aantonop/why-dumb-networks-are-better-f0b94c271b76

"Because money is a belief system, the manipulation of money is a form of passive-aggressive psychological abuse. People who distort the medium for transferring financial information are systemic predators who prey on people's belief system, eroding their ability to cooperate with each other and contributing to the collapse of society. The most successful moneys have been those which PHYSICALLY CONSTRAIN this type of systemic exploitation." —Jason Lowery, Softwar p127

Regardless of how intelligent you are, you know EXTREMELY little, and YOU certainly might be wrong. Stay intellectually humble.