Many people seem shocked by what’s happening, most recently in the Minneapolis and Greenland conflicts, though also in many other ways over the last year.
In my opinion, that’s because they don’t understand what’s going on with the breakdown of the post-World War II monetary, domestic political, and international political orders. This is happening in classic Big Cycle ways that have repeated throughout history and were laid out in detail in my book, Principles for Dealing With the Changing World Order, which I wrote about five years ago. In that book, I described how the Big Cycle unfolds in stages with clear characteristics, and I outlined the cause-and-effect relationships one can follow to identify where we are in the Big Cycle and what is likely to happen next.
With that perspective, it is clear to me that we are in Stage 5 (the pre-breakdown of the orders period) and on the brink of Stage 6 (the breaking down of the old orders). In my latest article, I review the developments that characterize Stages 5 and 6 and relate them to what is happening.
As always, I'd love to hear your thoughts.
https://t.co/BQzOZSYtL1
The Australian Bitcoin Industry Body (ABIB) has lodged a formal complaint with the Australian Broadcasting Corporation (@abcnews) regarding its recent article on Bitcoin.
The piece contained multiple factual errors, misleading claims, and one-sided framing that breach the ABC’s own Editorial Policies and Code of Conduct.
The public deserve better.
The article misrepresented Bitcoin’s purpose, conflated it with criminal activity, ommitted long-standing publicly available information, and relied on sensational language rather than evidence to inform readers.
It ignored well-documented global and local use-cases, including energy-grid stabilisation and humanitarian remittances, to merchant adoption and sovereign reserves, that effectively reduced its coverage to outdated & misleading tropes, and narratives on price swings and U.S. politics.
ABIB is frequently contacted by members of the public who are frustrated by recurring misrepresentation of Bitcoin in Australian media, particularly from publicly funded institutions that are required by statute to provide accurate, impartial journalism.
Our submission cites the offending sentences directly, outlines each breach of policy, and calls on the ABC to issue corrections, uphold its editorial obligations, and engage subject-matter expertise in future reporting.
Bitcoin deserves informed, responsible coverage, not dismissal through outdated narratives.
ABIB will continue advocating for accuracy and integrity in public discourse.
by 2035 universities will be
almost unrecognisable by today's standards…
a typical Bachelors Degree list will look more like: 👇
• ai ethics, stewardship & governance
• synthetic simulation design
• human longevity & regenerative sciences
• humanoid ethologist
• neuro-computational engineer
In 1971, the US ran out of money and defaulted on its debts. Now, they didn’t say it that way. But by moving away from the gold standard, money as we understood it ended.
I expected the stock market to plunge, but it went on to rise nearly 25%. That surprised me. But when I looked into it, I discovered the exact same thing happened in 1933 and it had the exact same effect.
Here’s why.
Announcing the Australian Dollar on @Strike
Today we launch AUD balances, instant bank deposits, withdrawals, and bitcoin-backed business loans.
Welcome to @Strike, 🇦🇺🦘
Just in: Satellite readings from a landfill we're looking to finance a bitcoin mining project
It is emitting 1.535 tonnes of methane every hour!
Because methane is 84x more warming over a 20-year period than CO2, that means we can mitigate over 1 Million tonnes of CO2e emissions every year.
In 200 climatetech technologies, I've never seen a technology that can reduce as many emissions per dollar invested as Bitcoin mining.
35 similarly sized projects, and Bitcoin becomes the world's first emission-negative network.
The landfill owner approached us because there is no other potential user for that power. It is also not an option to sell the power to the grid. This means onsite bitcoin mining is his only feasible option. It will also pay him money for the power generated.
* and ... because the project generates not only PE-style returns through equipment financing, but carbon credits it also has an asymmetrically good risk:reward for wholesale investors.
Onwards!
@LoneStarChica All wrong answers here. The actual answer is debasement of our currencies by governments. Salaries don’t keep pace with the money printing so unless you own assets or something that can’t be debased (Bitcoin) you get wrecked.
@NathanV1983 @elonmusk@Tesla_AI 40,000 deaths/yr in the US alone with the majority due to human error (not mechanical failure etc). Seems like a worthy problem to solve.
Absolutely crazy
Hundreds of millions of people saw their wage and savings technology lose 15%, 30%, 50%, 75%, even 90% (!) of its value last year
Fiat is broken, time for a Plan ₿