₿Ꮶ

[₿Ꮶ @Barank23]

I believe crypto represents a modern day renaissance. It's an interesting mix of finance technology and art that's reshaping our world. I find it genuinely exciting to be a part of this transformation where blockchain serves as our gateway to a new era. #CryptoRenaissance

[Jamie Coutts CMT @Jamie1Coutts]

Young Australians should be enraged by the new super tax.

The statist talking heads will tell you "it's only on balances above $3M. The rich." Most Aussies will fall for it.

Run the numbers. 35yo today. $200k in super. Contributes $15k a year. Earns 8% returns (long run super average).

In 30 years their balance is $3.7 million. Caught by the tax.

But here's the trick. Australia's money supply has grown about 8% a year for the past two decades. RBA's own data. So that $3.7M buys what $369k buys today. Same groceries. Same house. Same petrol.

You didn't get rich. You ran on the spot.

And the $3M line? Frozen. In 30 years it only buys what $300k buys today. It's lost 90% of its real value. The govt doesn't have to move the line. Inflation does the work for them.

No different from the obscene overreach on anti-money laundering rules. The $10k cash transaction threshold was set in 1988 and never moved. $10k then is $26k in today's money. Adjusted for money supply growth, it's $170k. Same threshold. Almost 3x more transactions caught by CPI, 17x by money supply. That's why you get interrogated at the bank for withdrawing what only covers half a year of school fees.

Same trick with income tax. Wages rise with inflation. Brackets don't. Suddenly the average worker is in a "high earner" bracket they were never meant to be in. You don't earn more. The line moved.

This one policy tells you everything you need to know about the government and its intentions. It's all about grift and theft.

Meanwhile, the kids who get hit hardest are kept busy by an education system arguing about hate speech, social media, and the climate apocalypse promised in 2012. Nobody teaches them how money actually works. The govt likes it that way.

So they vote for more taxes. Bigger govt. More "fairness." Pouring petrol on the fire burning their house down.

The fix isn't communism. It's the opposite.

Smaller govt. Lower taxes. Index every threshold to the actual money supply, not the CPI lie. Decentralise the banks.

Despite everything, Australians are entrepreneurial and predominantly hardworking. Imagine what this country could become without the government's boot on its neck.

[Stephen Cole @sthenc]

“Bitcoin won't be adopted like the iphone because it's cool. It will be adopted like gunpowder: if you don't own it, you'll be its victim.”

@saifedean, The Bitcoin Standard

[₿Ꮶ @Barank23]

@RaoulGMI @grok summarise this article

[beeple @beeple]

HOW THE GRINCH STOLE CRYPTO

[Openτensor Foundaτion @opentensor]

The first TAO halving has occurred.

- Current block reward: 0.5 TAO.
- Current daily emission: ~3,600 TAO.
- TAO halving reduces emission rate by 50%
- Halves: TAO emissions & subnet Alpha pool injections
- Unchanged: Alpha participant rewards (miners, validators + earned stake.)

[₿Ꮶ @Barank23]

@TechDev_52 Someone correct me if I'm wrong but wasnt @TechDev_52 calling for a supercycle in the last cycle into 21/22?

[₿Ꮶ @Barank23]

@cryptomanran You are just salty because you did not get into the funding round. I remember that being one of the main reasons you were against it when you first brought it up. You might be right, but I do not think you would be saying this if you had been allocated monad early on.

[₿Ꮶ @Barank23]

@TheBlock__ @SimonDixonTwitt thoughts?

[₿Ꮶ @Barank23]

@SimonDixonTwitt @O_Melki

[₿Ꮶ @Barank23]

@SimonDixonTwitt @SimonDixonTwitt what would your top 5 book recommendations be?

[₿Ꮶ @Barank23]

Many think crypto topped on Oct 6th but true peaks come with euphoria and we have not seen that. Fear is high, technicals suggest bear market, fundamentals still point up. I lean toward higher prices in the next 6–12 months but Bitcoin should be viewed with a decades long horizon

[₿Ꮶ @Barank23]

@SimonDixonTwitt @SimonDixonTwitt completely agree with you! God bless 🙌

[Simon Dixon @SimonDixonTwitt]

When you reach a stage in life where you have no bank interest to pay, no VC demanding returns, no public company expecting strong quarterly reports, no income that requires your labour and nothing left to buy, your focus naturally shifts from wealth creation to lower risk wealth preservation.

But for me, wealth preservation is only one bucket.

I live in service: all wealth must carry spiritual energy, because not all wealth is equal.

If our Creator blesses us with abundance, then our money should also boycott systems that violate our creators guidance.

For me, Bitcoin in self-custody is the ultimate boycott.

Bitcoiners like me dislike the phase where Bitcoin becomes a Wall Street tool through their custody, shares and collateralised lending services.

We fight back with self-custody.

I choose to stay, fight, educate others from my lessons and avoid the financial weapons of mass destruction that come from the Proof-of-Weapons Network.

Rotation is healthy—a higher cost basis means more people committed to holding through the storm.

Once you reach the billions, more billions have diminishing returns if you are truly free.

Many billionaires are not free—their wealth is tied to Wall Street, and once you enter that mafia, they never let you go.

Some of the wealthiest people in the world are slaves to Wall Street.

It’s a personal choice.

I choose to continue to boycott the Proof-of-Weapons Network with Proof of Work.

I understand why others choose to exit.

In my opinion. wealth can be taken by our creator if we don’t do good with the wealth our creator gives us.

Good is often not easy.

[₿Ꮶ @Barank23]

Feels like another page from the same playbook. Stretch the loan terms, juice the demand, push prices even higher until the whole thing buckles. Stuff like this is usually what you see near a property peak, not the start of a healthy cycle.

[Eric Daugherty @EricLDaugh]

🚨 BREAKING: President Trump appears to announce his intention to normalize 50 YEAR MORTGAGES, to make it easier for young people to buy a home via lower monthly payments

He cites FDR as when the 30-year mortgage started to spread nationwide

👀

[₿Ꮶ @Barank23]

@LeadingReport @jasonpizzino @Phil_J_Anderson another signal that we're approaching the peak of the real estate cycle

[₿Ꮶ @Barank23]

@puckrin Honestly, I don’t think retail even knows what just happened. One of the biggest liquidations we’ve seen, yet it barely rippled outside the crypto space..feels like it all stayed inside the echo chamber.

[Coin Bureau @coinbureau]

🚨BREAKING: Crypto liquidations soar to $9.4 BILLION in 24 hours – the LARGEST single-day event ever.

Bigger than LUNA. Bigger than COVID. Bigger than FTX.

We just witnessed history.

[Aylo @alpha_pls]

$7B liquidated.

Absolute insanity.

[₿Ꮶ @Barank23]

@Robin_T100 Show us your purchase in 2013. Need receipts always

[₿Ꮶ @Barank23]

@puckrin $tao