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
βEstablishment of the Strategic Bitcoin Reserveβ in a way that is βbudget neutral and do not impose incremental costs on United States taxpayers.β
GM! For every year the State hikes the retirement age, itβs another year of forced labor as a tax slave, stealing your time, energy & freedom at gunpoint.
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 β¬5 per month in 2010 to remove the advertisements
Now it costs over β¬10 per month and the advertisements back
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.