Clascoder @Derenberger - Twitter Profile

Derenberger retweeted

Michael Saylor

@saylor

about 1 month ago

Send more ₿ears.

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Alex 👽

@AlexesNakamoto

about 1 month ago

Average Bitcoin hodler morning routine.🌞

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STRIKE @Strike

about 1 month ago

At the end of the day all you need to do is stack

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Derenberger retweeted

Adam Livingston

@AdamBLiv

about 2 months ago

🚨 BREAKING: BITCOIN IS GOING TO ANNIHILATE THE CENTRAL BANKING CARTEL 🚨 For fifty years these people have been running the greatest economic prank in human history. They create money out of thin air. Give it to institutions closest to the printer. Watch houses, stocks, land, healthcare, tuition, and basically every asset required to participate in adult civilization moon against your paycheck. Then an old man named Jerome appeared behind a mahogany desk and explained that your declining standard of living is actually a “transitory supply-side normalization.” Brother, my cousin just financed four Goodyear tires. We have normalized enough. The American working man now wakes up in a $340,000 vinyl-sided house that was $128,000 when Flo Rida was topping the charts, climbs into a Ram 1500 with an 84-month loan, buys a $4.79 Monster at Casey’s, and drives past a bank advertising a 4.1% savings account while currency debasement beats him over the head with a folding chair. His wife is inside Aldi calculating whether they can financially withstand buying both ground beef AND blueberries this week. Their toddler has $23,000 of daycare expenses. The family deductible is the GDP of Palau. The Golden Retriever needs a $1,700 dental procedure. The refrigerator makes a noise that sounds expensive. And some 31-year-old wealth manager named Connor wearing a Patagonia vest is explaining the importance of maintaining 35% exposure to fixed income. Fixed income??? THE INCOME IS THE ONLY THING THAT DIDN’T MOVE. Everything else went vertical. Homes went vertical. College, food, insurance, childcare. ALL WENT VERTICAL. A mediocre hamburger served in a basket lined with fake newspaper now costs $19.50 before the iPad spins around and asks whether you’d like to tip 28%. And through all of this, economists keep appearing on television looking like substitute algebra teachers to explain that Americans are “surprisingly resilient.” Of course we’re resilient. We’re buying rotisserie chickens at Costco and turning them into four separate dinners like frontier settlers. We have no remaining choice. Then Bitcoin shows up. 21 million. No twelve-person panel of PhDs deciding your savings need to lose another 6% of their purchasing power because regional manufacturing surveys came in soft. Just an absolutely psychotic orange monetary brick sitting there every ten minutes going tick, tick, tick. Zero concern for the Fed's feelings. Eventually millions of people are going to realize the problem was never that they forgot to use enough coupons. They were measuring their lives with a ruler that keeps getting shorter. When Bitcoin rips again, the central banker class is going to discover something beautiful... You can print dollars and you can create another lending facility with a 14-letter acronym that sounds like a medication for plaque psoriasis. You can hold symposiums in Jackson Hole before you perform a child sacrifice to an Aztec God. You can publish 97-page PDFs about inflation expectations. You can put Janet Yellen in front of a bowl of oatmeal and have her explain why everything is fine. But you cannot print the 21,000,001st Bitcoin. And when the market finally decides that distinction matters again, I expect the repricing to have all the subtlety of a meth lab exploding behind a Missouri Wendy's. I am extremely bullish. bitcoin:native

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