FinCen and the Treasury are expanding the Patriot Act to attack bitcoin self-custody and privacy.
We shouldn't live in a world where standards cater to the lowest common denominator and make things worse for the overwhelming majority of the population.
https://t.co/kJvJcjRizG
@StefanBuilds@foundmyfitness I used a French press for a long time for the same reason. Recently switched to an all stainless percolator, which has optional filters.
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.
#principles #raydalio #history #economics