Derek Watanabe

#bitcoin

[Derek Watanabe @SaintRyujin5]

@jondelarroz @DCFilmNews Bro what? John Stewart has always been black and Hal Jordan has always been white. The fuck are you on about race swap? Have you ever read the comics or are you intentionally trying to ragebait???

[Derek Watanabe @SaintRyujin5]

@EristocracyTV Please save the VOD, I'm at work 😔

[Derek Watanabe @SaintRyujin5]

@EristocracyTV Ahhh one of my favorite streamers is back!!! Will you be doing more streams outside of this surprise one?

[Derek Watanabe @SaintRyujin5]

@Pilestedt @helldivers2 I know saying this might be unpopular but please patch the infinite grenade glitch out. It's annoying getting tk'd by some dude who spends the whole match hucking grenades and still getting the least enemy kills of the whole group.

[Derek Watanabe @SaintRyujin5]

@Greg05561960 @CaseyPrattABC7 Bro Mark Davis has come out and said he's pissed off with Jon Fisher because they would have stayed in Oakland if it weren't for Fisher blocking them from renovating the Coliseum. And Fisher blocked Davis from building a new stadium where the basketball arena is.

[Derek Watanabe @SaintRyujin5]

@The_Suntrip @Raiders

[Derek Watanabe @SaintRyujin5]

Here's to hoping I win it lmao

[Starfield @StarfieldGame]

We're giving away a limited-edition #Starfield @amdgaming GPU and CPU! Follow and repost for a chance to win - a winner will be messaged on August 30!

Rules: https://t.co/KuFwVsEUHo

[Raoul Pal @RaoulGMI]

MOAR COWBELL AS ANOTHER ONE BITES THE DUST...

Well, it looks like $FRC will bite the dust this weekend, either ending up in the hands of the FDIC or a major bank (with FDIC/Fed support).

In an over leveraged world, where GDP isn't growing fast enough to pay the interest on the government + private sector debt, the government interest payments get shunted onto the Fed balance sheet and magically never need to get paid back.

MOAR COWBELL!

The monetization of interest payments is observable across the US, EU, UK, Japan and more. That is the bulk of the growth of the central bank balance sheets.

But from time to time something blows up (all banks in 2008, EU banks and Gov's in 2012, everything in 2020 and more banks in 2023).

Normally these events would allow for full equity and. debt wipeouts but due to the excessive financial linkages and daisy chains of collateral, these losses are now mutualized via QE.

Essentially, society takes the loss in terms of the debasement of the denominator (purchasing power of fiat currency) as the money printer brushes all sins under the carpet.

Government debt interest payments are also being mutualized via this same mechanism as the tax take is not enough to pay for the ongoing increase in the debt burden. Gov debts compound due to interest payments and non-payment of the debt itself.

The outcome is that the debt payments and bailouts are really mutualized amongst the 99% while the 1% asset holders see the value of their assets rise (due to the fall in the denominator).

Incomes are not linked to the balance sheet, nor are revenues. They underperform. DO nothing and get poorer. After all, an asset is future deferred consumption thus if you own less assets, your future self is poorer.

Only 2 assets outperform this debasement: Tech stocks and high quality Crypto. Crypto has by far the highest beta to the global central bank balance sheets.

Not Real estate, not gold, not SPX, not bond yields, not EM equities, not credit. They all perform in line with the central bank balance sheets, or underperform.

This insidious mutualization of debt is a game you can opt out of...

Bitcoin was literally invented for this and due to its fractionalization is available to anyone. ETH even offers you a yield on top.

Don't like crypto? Buy semiconductors or even NDX.

But if you do nothing or stick to your old strategies, you will be paying for the losses.

The G4 central bank balance sheet grows at 10% per annum since 2012. If your choice of assets don't make 10% per annum over time, YOU are paying for the systems losses. That is your hurdle rate or you are getting poorer every year.

Urgh. This is how the world works now.

[Derek Watanabe @SaintRyujin5]

@Trainwreckstv Bro bring that shit back!!!!

[Derek Watanabe @SaintRyujin5]

@NPRwhore Jealous it's been over 110° the last 3 days 🥹

[Derek Watanabe @SaintRyujin5]

@TheOmniLiberal Vice has had dog shit coverage of that whole trial. They clearly had a bias while trying to say everyone else was biased for Johnny. It was wacky.

[Richard Heart @RichardHeartWin]

I WARNED YOU! I WARNED ALL OF YOU!

[Derek Watanabe @SaintRyujin5]

@TMobile @Tesla Gas prices suck, it would be great to have Tesla. #contest #TMobileTeslaTuesdays

[Derek Watanabe @SaintRyujin5]

@EverydayBastiat @SameeraKhan @EverydayBastiat coming in hot with the ratio 🔥🔥🔥

[Elon Musk @elonmusk]

So many Hitlers!

[Derek Watanabe @SaintRyujin5]

@benjamincowen Damn a true believer in crypto, I can only aspire to be like you lmao

[Anthony Pompliano 🌪 @APompliano]

WOW.

Nasdaq-listed BTCS just announced that they are going to pay the corporate dividend in Bitcoin.

They are calling it a "Bividend."

Bitcoin is inevitable.

[Hex Alerts @WhaleHex]

☠️ 1,448,000 $HEX nuked !
Payout 3,062,849 HEX
Penalty 4,510,849 HEX
Served 759/3650 days
https://t.co/uQmA7yRpVj

[Derek Watanabe @SaintRyujin5]

@SoFiSupport Yo guys there's a little bug on the pixel 6 pro, not sure if it's affecting other phones, but I'm getting an infinite grey box on Relay insights. I'll attach a pic, this just scrolls infinitely on the Pixel 6 pro.

[Derek Watanabe @SaintRyujin5]

@ContraPoints @CYRUSDOOM This comment needs more likes honestly.