Closing up this account. X is a world of opinions, some interesting, some funny, the VAST majority repetitive
Opinions come from ego, our egos craves reinforcement and hate opposition. Anger dominates
A life online is a life wasted. You're gifted one life on this earth. Unplug
Repeatedly reminded today this isn't real life
It's fun to feed the ego with likes, in a world where a few real people are mixed with avatars, trolls, AI, bots..
Lonely people isolate, couples stop talking, parents ignore children, all to waste their life here
Unplug and live
Repeatedly reminded today this isn't real life
It's fun to feed the ego with likes, in a world where a few real people are mixed with avatars, trolls, AI, bots..
Lonely people isolate, couples stop talking, parents ignore children, all to waste their life here
Unplug and live
⚡️**“All Americans should own stock” is a structural necessity for a system that ran out of alternatives.**
Let’s break the illusion.
1. This is about absorption.
When Scott Bessent says “get stock ownership to 0% non-participation,” he is not talking about:
• financial literacy
• wealth equality
• empowerment
• fairness
He’s talking about flow control.
The US system now requires:
• permanent demand for financial assets
• political stability tied to asset prices
• households psychologically invested in markets
• voters who experience crashes as personal harm
If 38% of Americans don’t own stocks, that’s 38% of people who:
• don’t care if markets fall
• aren’t anchored to asset inflation
• don’t defend monetary policy
• don’t feel pain when liquidity tightens
That is politically dangerous.
2. Wages can’t carry the system anymore. Assets have to.
The quiet truth:
• real wage growth is structurally capped
• demographics are rolling over
• productivity gains are uneven
• debt servicing is exploding
You cannot run a consumption economy on wages alone anymore.
So the system pivots:
• from income-based prosperity
• to asset-based prosperity
• from labor participation
• to market participation
Owning stock becomes the new citizenship requirement.
Not owning assets becomes deviant.
3. This is how you socialize risk without socializing control
If everyone owns stocks:
• crashes become “shared sacrifice”
• bailouts become “necessary”
• inequality becomes abstract
• losses become normalized
• volatility becomes patriotic
This is more subtle than a rug pull.
It’s turning the entire population into implicit LPs in the US balance sheet.
You don’t need to convince people markets are fair.
You just need to make sure they’re too exposed to exit.
4. Why now? Because the exit valves are closing.
Look at the timing:
• higher rates exposed fragility
• regional banks cracked
• housing affordability broke
• political polarization rose
• crypto offered an escape hatch
• labor bargaining briefly returned
The response is financial enclosure.
Get everyone into the market.
Then stabilize the market at all costs.
Once everyone is inside:
• selling becomes dangerous
• dissent becomes costly
• volatility becomes intolerable
• redistribution becomes market-based, not fiscal
5. The uncomfortable truth most people miss
Universal stock ownership does not mean:
• universal upside
• universal security
• universal control
It means:
• universal exposure
• universal correlation
• universal dependence on policy
• universal vulnerability to drawdowns
You are not being invited to the table.
You are being added to the cap table so the system has more bodies underneath it.
The real signal
This is late-cycle defensive architecture.
When elites start talking about “everyone must own assets,” it’s because:
• asset prices matter more than votes
• markets matter more than wages
• stability matters more than fairness
• participation matters more than consent
It’s a system trying to make sure there is nowhere left to stand outside it.
The quantum/Bitcoin paranoia explained:
The quantum computer finally gets released, and only a bad guy buys it
Nobody prepares for the attack. There is never good quantum to fight bad quantum. Hacker steals all Bitcoin and destroys the market, satisfied it was all for nothing
@thebadstats He and his brother are fake intellectuals that know how to grift really well.
He uses big words to make up fantasy stories that validate the grievances on the right.
He has no purpose other than to make money off of anger
@brett_eth You're missing the Bitcoin/ISM correlation chart which is the core of their thesis.
Being a chart guy, you should really check it out, because it's very compelling.
The Bitcoin chart only is therefore incomplete. It's the "how" without the "why"
"Quantum breaks Bitcoin in the next 3 years."
After 30 yrs:
- No fault-tolerant QC
- No scalable error correction in production
- No consensus on which qubit architecture even works
This is not a serious timeline. Just ask these "experts" what their preferred qubit is and why.
@caprioleio I don't get the math.
34% in 3 years? Why not 10%? Or 62.4%?
Why not 100% in 8 years? Would you then discount Bitcoin 100% today?
34% from what price and in what timeframe? It was just $125k. Now down 34%. Discount another 34%?
It just too random to be a thesis
@moseskagan I won't defend the program where the cost is exhorbitant and fails on cost/benefit. Even with 65 people kept out of ER beds over the years, $5m is tough to justify.
I also have contempt for gov waste, but I have none for helping fellow humans with addiction issues, aka "bums"