Timechain Only

Bitcoin.. 🙂 👊🏽 #Bullish. MSTR. Follows not endorsements. Views my own.

[Timechain Only @advocateBTC]

👼🏾The Ten Bitcoin Commandments👼🏼

1) Get off zero, stack sats, DCA 🧮
2) No leverage MF!!!🙅🏻‍♂️
3) Get a hardware wallet 🔐
4) Research📚 = diamond hands 💎
5) No Alts 🦖 ❌
6) Buy the dip 📈
7) Multi sig 🔑🔑🔑 for ☮️ mind 🧘‍♀️
9) Run a full node 👨🏻‍🔧
10) OPSEC 😶‍🌫️ & stay humble ✌🏾

[Doug Casey's International Man @intlmandotcom]

In a fiat currency system, the benefits of deflationary technology primarily accrue to asset holders, because the forced inflation created by central banks pumps up asset values.

If we were living under an honest, hard-money monetary system, where the benefits of technology would not be offset by central banks debasing the currency, those gains would accrue more evenly across the population.

That is why we think the chart below is instructive.

It is a long-term view of real wages versus productivity.

The two tracked together well for decades, showing that as productivity increased, real wages did too. In other words, most people benefited from increases in productivity through higher real wages.

Then something changed around 1971, when that strong positive correlation broke. It was the year the US government cut the dollar’s last link to gold and the dollar became a pure fiat currency.

Since 1971, there has been a growing gap between productivity and real wages.

If you could transport yourself back to the early 1970s, just as the divergence between productivity and real wages began, and ask people what they thought 2026 would look like, they might have said something like The Jetsons—flying cars, advanced technology, and a society in which everyone was better off.

They probably would not have believed you if you told them that, in reality, people would be worse off in many ways in 2026 than they were in the early 1970s, despite enormous technological progress. We may not have flying cars or The Jetsons, but there have still been significant advances. Yet people’s standard of living has declined in many ways.

Today, many people are bewildered by how people could be worse off now than they were then. The answer is in this chart, which shows that the fiat system and currency debasement are the problem.

Despite advances in technology, the shocking level of currency debasement has not merely kept pace with the natural deflation that comes from increased productivity, but has vastly outpaced it… which is why people are, in many ways, worse off today than they were in the early 1970s. That prosperity has been stolen by inflation and fiat currency.

Since 1971, productivity has continued to increase, largely thanks to advances in technology, but those gains have not translated into growth in real wages as they had in the past under an honest money system. That is because under a fiat currency system, the central bank—the Federal Reserve—has created significantly more inflation than the gains in productivity, which meant real wages did not keep up.

However, those productivity gains from advancing technology did not just disappear. They were redirected somewhere else. They accrued primarily to asset holders, as wage earners chased rapidly depreciating fiat currency.

In short, the fiat currency system is a mechanism for transferring wealth created by technological productivity gains to asset holders and politically connected insiders closest to the money printer.

Frankly, it is a disgusting, dishonest system that operates at the expense of honest people.

But that is the nature of the monetary system we are all forced to live under. And it is wise to acknowledge it, understand it, and take action to protect yourself.

And now, with AI bringing a mind-bending level of productivity gains, this dynamic is about to go into overdrive.

[Timechain Only @advocateBTC]

@JosephMooneyMP Singapore has a slave population that built the city. Bangladeshis build for slave rates. Social services provided by slaves from Indonesia and Malaysia.

It’s a model that is/ was also used by the Emirates.

You discounted that

[Timechain Only @advocateBTC]

@Pledditor @saylor He actually never called Bitcoin twitter cyber hornets, it was a reference to the sound of miners. The cyber hornets like you thought he was referring to twitter anons. Love yah Pleddy

[Timechain Only @advocateBTC]

@BitcoinGambit @SatoshiStackUSA @Croesus_BTC Your name is Bitcoin Gambit but you should rename to Bitcoin Paperhands brother 😂

[Timechain Only @advocateBTC]

@BTCBreadMan Dude he has always been a bit autistic and he doesn’t focus on tweets that make him cool like other accounts.

[Timechain Only @advocateBTC]

@cryptomanran @NEEDcreations You’re one of the biggest scammers in the space

[Timechain Only @advocateBTC]

@RayDalio 4) due to physical transaction constraints, gold has become paper receipts and therefore must be centrally stored. This results in unbridled rehypothecation and fiat.

Audit of BTC means eventually the asset is pegged to its base quantity I.e reality.

This is good for society

[Timechain Only @advocateBTC]

@RayDalio 3) yes it’s a relatively small asset that is growing into a mature asset over time. This doesn’t magically happen

[Timechain Only @advocateBTC]

@matt_horncastle @Galloleous Sorry mate, this is the inevitable fall of the state. Voters will vote in leaders who promise short term solutions and they will print money to fund it.

The only solution is to separate money from state.

[Timechain Only @advocateBTC]

@PrestonPysh @MountainYoda Thank you for your contributions 🫡

[Timechain Only @advocateBTC]

@PiusSprenger All that matters is that he has positioned to win

[Timechain Only @advocateBTC]

@chrisluxonmp Ah yes. Arbitrary distribution of printed dollars by a centralised group. Sounds like communism

[Timechain Only @advocateBTC]

@SGBarbour Isn’t it getting more distributed. It’s not Saylor it MSTR buying its millions of investors

[Timechain Only @advocateBTC]

@chrisluxonmp @NicolaWillisMP Brother, just cut the crap and let us know when the RBNZ are going to turn on the monetary bazookas

[Timechain Only @advocateBTC]

@frusinate1888 @chrisluxonmp @365MickeyBlue @NicolaWillisMP No you don’t 😂

[Timechain Only @advocateBTC]

@AdamBLiv You are a sensational communicator and comedian

[Timechain Only @advocateBTC]

@BorrachinhaMMA Sell it for Bitcoin brah. Buy the mf dip

[Timechain Only @advocateBTC]

@_warrenhogan The absurdity and stamping out of the middle class by printing money to fund wars, then cutting the money printers so that everyday people feel max pain and can’t afford to service their debt. Here comes the next financial crisis nd it’s going to hit everyday people

[Timechain Only @advocateBTC]

@joekent16jan19 Respect to you sir