🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔

🟧 2011 Web3 Vet 👽
🔳 Founder @aiturn_io 🌱
🔳 Spiritual metaphor for choosing love over fear
🔳 You've got to fall, to get a chance to grow🌱

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

🧵: The Debt Game Explained for Normies

1/ Ever wonder how countries can be TRILLIONS in debt… and still act like they’re rich?

It’s not magic. It’s a game. And you’re playing it whether you like it or not.

Here’s the debt scam in plain English
👇

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

@Dark_Emi_ L'humain devient un outil pour l'IA. Ce n'est pas volontaire, c'est pratique.

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

12/ If this clicked, drop a ❤️ and share.

Most people think “debt = bad” or “debt = fine.”

Reality: it’s a lever.

Used well, it builds empires.

Used badly, it mortgages the future.

Either way, you’re in the game.

Better learn the rules.

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

🧵: The Debt Game Explained for Normies

1/ Ever wonder how countries can be TRILLIONS in debt… and still act like they’re rich?

It’s not magic. It’s a game. And you’re playing it whether you like it or not.

Here’s the debt scam in plain English
👇

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

11/ TL;DR
- Countries constantly refinance old debt with new debt
- Some loans last longer than a human life
- Money is fiat (computer entries), not 1:1 backed
- Biggest debtors often act like the richest
- The cost is delayed, diffuse… but real

You’ve been played. Now you know

[jeroen blokland @jsblokland]

How big is gold?

Many charts are circulating on social media these days suggesting that gold has overtaken U.S. Treasuries as the largest asset in central bank reserves.

While that is certainly noteworthy, I think there is a far more insightful comparison.

Even after gold’s stellar run, the total value of all the gold in the world represents just over a quarter of all the money on earth.

Think about that.

Gold, the ultimate store of value central banks rely on to anchor trust in the financial system, covers just 28% of global money supply.

And debt? The other side of money in a debt-driven financial system.

The entire market value of gold equals a lousy 9% of all the debt outstanding worldwide.

Meanwhile, debt issuance and money printing to finance that debt continue to grow at warp speed.

If the global money supply keeps growing by 7% annually (the pace since the Great Financial Crisis) over the next 3 years, gold would need to rise another 22% just to maintain the same gold-to-money ratio.

And if gold’s share of global money were to rise to 50%, still below historical levels, the price of gold would have to more than double.

Add to that the fact that gold is virtually absent from nearly all investment portfolios, and the conclusion is clear:
Gold is small! But its potential is huge.

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

@Mowgli_Trading Attendez l'episode d'envoyé spécial xD

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

@FranceCryptos C'est surtout que les indices US sont probablement en train de preparer leur chute au niveau du prix/valo

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

@AshCrypto 80k sellers are the one who accumulated below when the most were claiming the price should go lower. They are taking profit on bull hopium.
Makes sense to me. Keep feeding the bears.

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

@thjonml @NousResearch Yeah I also believe it's best to stick with a sibgle hermes instance that's spawning and summoning skills. Less setup to manage, less friction and overall more simplicity to build with it all. But maybe some people need to have the fragmented vision , it's like sorting the closet

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

Sadge.
Decentralisation isn't the moat anymore.
It's all about the standard. Probably for the best , more secure than too many different codes to check. But anyway, there's way too much fake metrics in the entire crypto sphere. Institutional level extractor have been discouraging anyone to get involved.
Good luck with the whale game, there's no more shrimp to eat.

[🟧 𝘽𝙖𝙣𝙂𝙖𝙍𝙖𝙣𝙂🌔 @cynicalbodhi]

Ok so AI is giving crypto a hard time. Well deserved. Crypto has been lacking of transparency, promoting insiders job and scam heist.
It all deserve to be cleaned with fair and secured foundations.