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BTW, this is THE best discussion i have heard since Saylors and Mallers Prague 2024 presentations. This PC opens up one more level, going deeper down the rabbit hole. I was stuck at that level, sth was bothering me, the question of what it really means to shift perception from the fiat world to a bitcoin world and if it is actually sth. real, that can be really done or if this shift maybe includes too much wishful thinking and false hope. I couldn’t quite grasp and articulate these thoughts, but this PC did this for me, to put these deeper next level thoughts in place and to be able to have an understanding of the transition will take place. I totally agree that cheap cobalt, perverted assets and disillusioned young people all over the globe are a feature/byproduct of the fiat system. They go hand in hand.
↩ replying to Garth Algar
What do you think about this observation?: The US already started to go into BTC big time, but like always not directly, but disguised as companies (as their secret service just uses platforms like facebook etc.) Biggest miners, biggest bags are all in the US and the trend/bags are growing as we still talk about when the nation state itself will buy it. Is this maybe not even the more clever strategy at this point? If let’s say China would start to buy, this will pump the bags of all of these private investors in the US, which will give the upper hand to the US since we know, states are inefficient and poor in judgment. Any thoughts on this?
Loved this episode: Just used Chat GPT to reprice the U.K. to bitcoin: Based on the current Bitcoin price of £74,563, here are the repriced UK items: 1. Average House Price: • The average UK house price is approximately £298,083.  • In Bitcoin: £298,083 ÷ £74,563 ≈ 4.00 BTC 2. Car Prices: • Low-end Car: • Used cars average around £17,445.  • In Bitcoin: £17,445 ÷ £74,563 ≈ 0.234 BTC • Mid-range Car: • New cars average £43,020.  • In Bitcoin: £43,020 ÷ £74,563 ≈ 0.577 BTC • High-end Car: • High-end vehicles can cost around £100,000. • In Bitcoin: £100,000 ÷ £74,563 ≈ 1.34 BTC 3. Grocery Items: • Milk (per pint): • Average price is approximately £0.50.  • In Bitcoin: £0.50 ÷ £74,563 ≈ 0.00000671 BTC • Bread (loaf): • Average price is around £1.20. • In Bitcoin: £1.20 ÷ £74,563 ≈ 0.0000161 BTC • Coffee (cup): • Average price is about £3.00. • In Bitcoin: £3.00 ÷ £74,563 ≈ 0.0000402 BTC 4. Average Salary: • The median annual salary for full-time employees is £34,963.  • In Bitcoin: £34,963 ÷ £74,563 ≈ 0.469 BTC Note: These conversions are based on the current Bitcoin price and may fluctuate with market changes.