Bitcoin Daddy

Passionate with Freedom and Empowerment
#Bitcoin Class of 2014
#nostr : npub1ychs936s9fue0cn8pjq42fqnz79z0ne5h008k9wl9vn8ljndqs6q9gwuqg

[Bitcoin Daddy @BitcoindaddyNft]

Money: Humanity's Biggest Illusion https://t.co/FrjuaItBCs via

[Bitcoin Daddy @BitcoindaddyNft]

@GasBuddyGuy @Vazhog Hindsight 20/20. Biden drained 180m when oil peaked. Trump is same scenario now but it doesn’t mean his admin won’t buy back same with Biden admin did

https://t.co/tON7QMo71c

[Bitcoin Daddy @BitcoindaddyNft]

@thebtchodlr @PeterSchiff @cz_binance @saylor @saifedean @LawrenceLepard Schiff wallet

[Bitcoin Daddy @BitcoindaddyNft]

@PeterSchiff #Gold

Yes worthless

[Peter Schiff @PeterSchiff]

For transparency, I moved my Strategic Bitcoin Reserve from an exchange to a hardware wallet. Today is my 62nd birthday. To build my reserve in a budget-neutral way, just like the U.S. government, in lieu of gifts, I'm accepting Bitcoin.
bc1q0vxwxsmkjy5t95qpc0mfznl59928grsr4wfa97

[Bitcoin Daddy @BitcoindaddyNft]

@MakeGoldGreat Yes I agree until next month...

[Peter Schiff @PeterSchiff]

I've decided to create my own Strategic Bitcoin Reserve. Just like the U.S. government, I'm developing a budget-neutral strategy for acquiring my bitcoin at no incremental cost. Phase one of my strategy is inviting contributions to my reserve.
3CfJ9FqLPEWHnqf9PD5EWXTby8qYQ66BRX

[Bitcoin Daddy @BitcoindaddyNft]

@RedPill_Marxism @XVanFleet https://t.co/nnTnm9LeXx

[Bitcoin Daddy @BitcoindaddyNft]

@DoggyDog1208 So when you do a debt jubilee, it destroy the country credit

[Bitcoin Daddy @BitcoindaddyNft]

When you buy that coffee from luckin with cc , you are creating money. When your auntie buys that condo in Beijing , she is creating money. When you pay it off , balance sheet closes but it's also reduction of the money supply. Same with pboc and UST when the sell debt . So if you have deflation prices fall which destroys demand in a debt base monetary system, it's creats a death spiral bc ppl will hoard money bc they are expecting for prices to keep falling. This is the lifeblood of any modern economy.

I'm trying to be objective and you're acting like a child.

[Bitcoin Daddy @BitcoindaddyNft]

@DoggyDog1208 Hence why they are so dependent on exports

[Bitcoin Daddy @BitcoindaddyNft]

Prices fall which is great in a fully collateralized system of money. We don't live in that world.

If USD didn't exist , china exports deflation would crush the world into vaporware.

It's not that china or US is in the wrong. They both run same system of money, it's just one is the creditor and one is debtor but both needs rising prices. China is exporting deflation and importing inflation

[Bitcoin Daddy @BitcoindaddyNft]

@DoggyDog1208 And if china and world finally wants to take the RMB as a global reserve currency , then they have to strengthen yuan and EXPORT the currency and import goods to supply liquidity and global settlement

[Bitcoin Daddy @BitcoindaddyNft]

Right? Somebody has to take the deficit (debit) side of the global balance sheet. If china wants to take US place as a global superpower than someone has to consume that oversupply (falling prices) so if not BRICS, ASEAN, and Africa bc Capita per GDP (minus china) is a joke. So if china is last man standing when US consumption falls, is china going to float yuan, open debt markets and take trade and account deficits? Well, that doesn't work if prices fall.

[Bitcoin Daddy @BitcoindaddyNft]

@steve_hanke

[Bitcoin Daddy @BitcoindaddyNft]

Talk is cheap.

Show us your positions and I'll show you my cold wallet

[Northstar @NorthstarCharts]

BITCOIN - It really is this simple 👇

[Bitcoin Daddy @BitcoindaddyNft]

@NorthstarCharts @KinesisMonetary Why don't you show everyone your short positions?

[Bitcoin Daddy @BitcoindaddyNft]

@TheBubbleBubble Imagine sitting on that for 50 years?

[Bitcoin Daddy @BitcoindaddyNft]

@TheGogorio @MLFootball https://t.co/mYPKwOzENX