One thing people dont consider very much is "factions" within global elite. It's possible that Bitcoin was created by 'government' but when people usually say this they mean 'it's a set up or a trap' for us plebs and we will be rugged of your value at some point. For example you could listen to Tom Luongo, Ian Ferguson and/or Whitney Webb to get an idea of these factions and how they are sometimes aligned against plebs and other times are just fighting for control vs eachother. In the case of the former we plebs get fucked. In the case of the latter then the plebs benefit by having the enemy of our enemy doing things which align with our interests also. But this is not to be confused with the enemy of our enemy being 'for plebs' of our friends. Maybe interests align for a period of time but eventually once these factions play out in a 'Game of Thrones' style epic saga of in fighting assassinations and war the winning faction will again look to subjugate the Plebs. I dont think many people will understand the nuance of factions within power structures. Instead of Bitcoin being a rugpull for plebs its actually a rugpull for the faction of the elites who have their power basis in fractional reserve banking and Libor Rates of interest on loaned money. Its this group of Elites who are non US and European based who are not aligned with Cypto and will eventually be ousted by it in favour or Bitcoin and Crypto currencies more generally as a basis for the new financial system. Crypto is one big power play to oust the old regime and start a new one. This is not to be confused with 'BTC World Reserve Currency' type hopium, I think there will eventually be a rugpull when the new power faction has won and now looks to subjugate plebs. Not that I think BTC Network will fail. More likely imo some Layer 2 regime is set up on top and is KYC. In addition I also think GDP could be increased significantly with AI and new energy tech so as to lower the problemat Debt:GDP ratio. #macro #politics #bitcoin #btc #prediction #plebchain #nostr #nostrthoughts #grownostr #reservecurrency
Set of Satoshi inspired Wall Art (3 images) - Manga inspired #artstr #wallart​ #digitalart​ #print​ #interiordesign​ #design​ #art​ #nostr​ #grownostr​ #plebchain​
Some Gold Bugs I follow have outdated criticisms of Bitcoin like what happens if the internet goes down? Internet is not likely to go down for long if at all. Too much depends on it. Nodes are now in satellites based on non-internet comms and we cna keep up with the network this way. Its more likely that govts will ban your Gold rather than disrupt the internet. The internet is based on cables but hundreds of them making up the entire global network. Its unlikely that all of them are disrupted. #bitcoin #btc #nostr #gold
Starting to realise I am addicted to BTC news and events. At first it was about understanding Bitcoin and how its price is affected but now I start to just understand m2 money cycles and expect this to continue and it makes me less want to keep up with current events and news on BTC. #btc #bitcoin #macro #politics 3nostr #grownostr #plebchain
In order for Germany to make a payment (to debtor countries post ww1) they either had to have money lent to it (made up of fiat ledger sheet money) from Wallstreet or have machinery it made purchased from it by developing nations who only had the money to buy said machinery because they were given loans from Wallstreet to do so. Fiat ponzhi scheme in full effect after WW1. All the "growth" is based on fiat loans which need to be paid back with yet more fiat loans. This is the thing that's so hard to fathom. There is only so much value in the world and when we use Fiat moneys we base a medium of exchange on something which is not the value itself but an lesser representation of it. These representations need to be paid back but because there is only so much value in the world. it can only be paid back with fiat leading to an endless cycle of loans to pay back loans. If all the value in the world is represented by 1 then Fiat is over and above this. You would need to create more value in the world to truly pay it back without a fiat loan. You would need more land, more Gold, more energy, more of the actual valuable assets. What a head fuck. "When Germany made a reparations payment, it informed the BIS that the Reichsbank had credited the BIS’s account in Berlin. The BIS then informed the national banks of those countries receiving reparations, such as, for example, Britain, that the monies were available to draw on, if they so wished. If they did not, in case the movement of substantial sums might affect exchange rates, the funds remained in the BIS’s account. In the meantime, the BIS used the funds earmarked for Britain to buy securities—which it could sell if and when Britain wanted to draw its monies." #macro #politics # gold #bitcoin #plebchain #ureka #nostr #grownostr
"The BIS is a unique institution: an international organization, an extremely profitable bank and a research institute founded, and protected, by international treaties. 14 The BIS is accountable to its customers and shareholders—the central banks—but also guides their operations. The main tasks of a central bank, the BIS argues, are to control the flow of credit and the volume of currency in circulation, which will ensure a stable business climate, and to keep exchange rates within manageable bands to ensure the value of a currency and so smooth international trade and capital movements. This is crucial, especially in a globalized economy, where markets react in microseconds and perceptions of economic stability and value are almost as important as reality itself." Adam Lebor, Tower of Basel #macro #politics #studybitcoin #bitcoin