Friendly reminder that every last person who thought it was a good idea to sell their gold for Weimar marks between about 1914 and 1922 learnt a very expensive lesson about fear and greed image
β€œEstablishment of the Strategic Bitcoin Reserve” in a way that is β€œbudget neutral and do not impose incremental costs on United States taxpayers.” image
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GM! For every year the State hikes the retirement age, it’s another year of forced labor as a tax slave, stealing your time, energy & freedom at gunpoint.
GM! Inheritance taxes means your government has a financial incentive to find ways to kill you.
AI is another form of shrinkflation. You can be twice as productive with the same amount of time, but without a pay rise. This allows the central planners to steal from you at an accelerated pace via money printing. You can defend against this trend by saving in #bitcoin
Feels like nostr needs to experience the sound of an absolute master of his craft oozing Hendrix licks straight from his soul! Happy Saturday nostriches!
Shrinkflation I am old enough to remember that a Spotify premium subscription cost €5 per month in 2010 to remove the advertisements Now it costs over €10 per month and the advertisements back
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The only companies that survive the collapse of fiat will be bitcoin companies & bitcoin treasury companies. Businesses that store their treasury in legacy instruments will die a slow death, not because they are inefficient, but because they chose an inferior store of value.