BitOrdi

🌍 Analyzing geopolitics, macro trends & Bitcoin’s disruption of money. ₿ Bitcoin Maxi | 🎨 Ordinals | Author — The 10-Minute Guide to Bitcoin

[BitOrdi @bitordi]

🚀 My book The 10-Minute Guide to Bitcoin is live!

A short and simple guide explaining what Bitcoin is and how it connects to money, inflation, and trust.

https://t.co/nVZDYMRv65

📗 Paperback $7.99 💻 eBook $0.99 (Launch offer)

Thanks to @TO, @const_quary, and irasheed.

[Mario Nawfal @MarioNawfal]

🇺🇸🇮🇷 "I begged you not to imitate the Ayatollah!"

Curb Your Enthusiasm is unmatched 🤣

Writer: Michael

[BitOrdi @bitordi]

Market feels like it's preparing.

• Liquidity seems to be moving across assets ahead of the next wave of big IPOs.
• The recent Zcash supply bug reminded everyone that risks still exist in crypto.
• Saylor sold 32 BTC out of 800k+... basically lunch money 😄
• Strong jobs data means fewer expectations for rate cuts.

US M1 has increased by roughly $1T over the past year.

M1 growth + rising productivity = healthy.
M1 growth + rising debt and sticky inflation = more concerning.

To me, today's economy resembles the second scenario more than the first.

Keeping some dry powder for the dips.

Let's see what unfolds.

Not financial advice.

[BitOrdi @bitordi]

First WMDs, killing dictators all over, abducting the president, and now regime change. The USA was better off without this. Sunsets come for every superpower, but this last leg seems self-driven. Who should I present the receipt below to?
Now we have a much stiffer regime in Iran, and we want this over yesterday. We should vet our congressmen and senators for their preferences.

[Stephen Semler @stephensemler]

The US has spent an estimated $71.8 billion on the Iran War, or $1.2 billion per day on average.

[BitOrdi @bitordi]

@ordzaar @rodarmor @ZK_shark bc1pel95ahy7kj76cfyykdxja4wyaylt4rvmdz9q3563pv6gpd4nad8srtpr2y

[BitOrdi @bitordi]

@Baerevo I have heard of rugged projects—people have different intentions. The $ME guys rugged the whole community. $ME is a classic example of a rugged schemer.

[BitOrdi @bitordi]

@Parasite_wtf Awesome

[BitOrdi @bitordi]

In one cent lives a nation’s journey, worn by time but rich in meaning.

[BitOrdi @bitordi]

@LynAldenContact Do they have the gold equivalent of the dollar? No. The dollar is de-pegged, but where could Fort Knox gold possibly go?

[BitOrdi @bitordi]

How would that work if all work is taken over by robots and AI? Sure, we’d have free time, but we would become useless. How would we incentivize each other? Robots can incentivize each other for the services they exchange. What would humans do? Real money is still needed to grow food. We will be extinct in no time.

[BitOrdi @bitordi]

I kept getting asked the same Bitcoin questions from friends and family, so I wrote a short beginner's guide to explain it clearly.

Sharing it here in case it helps someone new. If the community feels it would help, I'll make it free for a day to educate the families left out.

https://t.co/x6cxU6ZPMJ

[BitOrdi @bitordi]

@VersanAljarrah It's easy to control the money supply this way. Pegging to a scarce asset means what you can do is limited. 99% of people think the dollar as reserve currency is a free ride to print. WRONG. I am converting productivity to paper, which creates inflation.

[BitOrdi @bitordi]

In the last few weeks, markets crashed, gold went down, silver went down, #BTC went down. I just didn’t seem to care. It’s not ignorance, when you understand an asset, the rest doesn’t matter. Remember: keep buying the dip.

[BitOrdi @bitordi]

Iran would suffer significant destruction, oil prices would rise, China would take a small economic hit as one of the biggest buyers, but regime change would not happen from aerial strikes alone.
The US goal could never be met. The question is which country would step forward? If even one country stands with Iran, things will become unstoppable.

[BitOrdi @bitordi]

Gold has passed the test of time, but time also tells it has been confiscated once. Gold has seen many market crashes, but for BTC it’s the first one to witness.

History is worth remembering. The U.S. government confiscated gold once, in 1933, under President Franklin D. Roosevelt’s Executive Order 6102. Americans were required to turn in most gold to support monetary expansion during the Great Depression. Private gold ownership was fully restored in 1974, and no confiscation has occurred since.

[BitOrdi @bitordi]

I personally think he is doing a good job of not succumbing to pressure. During Biden's term, they went overboard with money printing. The government must cut spending and generate real value to reduce debt.

One could argue: set interest rates to 0%, then the government pays $0/year in interest instead of a trillion now. But what about free credit flooding the market? It’s a balancing act. In these times $1.6T in defense spending? That’s almost double.

[BitOrdi @bitordi]

@PeterSchiff Powell is pretty bookish; he is not incorrect, as this doesn’t drive Fed monetary policy. Gold buying means people don’t trust the overall monetary system as a whole, since the dollar outlook is weak.

[BitOrdi @bitordi]

@JacobKinge LOL, money starts with trust, and trust starts with educating people. Education requires effort; most people don’t seek alternatives until they hit a wall. One makes a change, and others follow. BTC is a change people need to know.

[BitOrdi @bitordi]

@PeterSchiff Lower interest rates mean cheap credit. But it will cause high inflation, which will decrease over the years if productivity grows faster than the inflation created. It sounds good, but usually I've seen this fail.

[BitOrdi @bitordi]

@ChadSteingraber This was discussed in my circles too. Why can't gold and silver be created artificially like diamonds? Yes, it will make a big dent. Verifiability will become a big issue. Believe me, it will be a big event.

[BitOrdi @bitordi]

@LambMetaX @GrantCardone Making free and fair rules is one thing, but how much they can charge is another. Gov can always have a credit union with market par rates to keep competition healthy.