We live in an era of wars waged in the second and third worlds, waged to enrich someone in the first world...
It will end well, it will end badly, but remember, remember, every era ends.
But Finney understood something others missed:
Bitcoin wasn't competing with other cryptocurrencies.
It was competing with the entire global store of value market.
@luisc The world is falling, the famous great reset… people need to opt-out this system. (EU will not be the only “WEF confirmed” place of the world!!)
Powell: "Bitcoin is not a store of value. It's too volatile"
Reality: Bitcoin is not only the best performing asset in history (and certainly in 2024), it has a HIGHER Sharpe ratio (risk-adjusted return) than the S&P, Treasuries and gold
The Reichsmark in Weimar Republic.
The Dollar in the USA.
Unfortunately, I am not against the U.S. but against those who want inflation for their own benefit.
Repaying the debt is expensive, for us, not for them.