POW Joe

PoW

[vittorio @IterIntellectus]

this didn't "happen", we caused it

first, children disappeared from daily life
most women turn 30 without ever holding a baby (they don't have siblings or cousins, and young babies have been removed from shared spaces), never changed a diaper or watched one up close.
you cant want what you've never seen

second, we killed the single income.
the average family needs both parents working just to get to the end of the month, so raising a family well went from hard to something practically impossible (2-3 months of maternity leave should be considered a crime against humanity).

then schools and media, the whole cathedral, all pushed towards the same direction in a systematic brainwashing effort: pushing every girl at the career, motherhood turned into that despicable thing you settle for when the better options run out, "a smaller life". nothing worth desiring, and if you do you must be ostracised

social media just finished the job.
presented childfree as freedom and ideal life, filmed the worst four seconds of a mothers day and called it a warning or "here's motherhood"

and underneath all of it, we removed people from history

no ancestors you owe anything, no descendants you're building for, just one atomic self detached from any sense of continuity. one life with no purpose other than its own selfish goals
especially for western people who have been taught that their ancestors are the most evil humans who ever existed
someone with no past and no future has no reason to see themselves as part of history, and everything they do revolves around their own pleasure
why would you carry something you were raised to be ashamed of?

so a quarter of women raised in captivity selecting for civilizational suicide becomes inevitable
the idea that this was a conscious choice is delusional.
we are the first species in history to get everything it ever wanted: safety, medicine, abundance, ninety good years, and the result is suicide.
everything else alive still manages to reproduce through famine and plagues. we got paradise and stopped

anyone shutting off their own survival drive with no threat in sight is definitionally suicidal and that's where we are now

[Elon Musk @elonmusk]

Well said

[Jeff Swanson @theswansjr]

"Bitcoin isn't backed by anything."
Let me stop you right there.

Bitcoin is backed by energy. Real energy. Kilowatts. Heat. Physics.
The kind of backing you can't print, fake, or vote into existence at an emergency Fed meeting.

Every block mined is a thermodynamic proof of work. Not a promise. Not a policy. Proof.

The issuance schedule has never been amended by a committee. Not once. Not ever. Because there is no committee.
There's just math. Cold, indifferent, and immune to political theater.

The network is secured by more raw computing power than anything humanity has ever built. Hundreds of exahashes per second standing guard. Every single day.

Now let's talk about what is backed by nothing.
The dollar.

It's is backed by confidence. Specifically, confidence in the institution that printed $6 trillion in two years while telling you 3% inflation was healthy and you should be grateful for the soft landing.

In the same people who can't pass an audit.
Who fund wars with a credit card.
Who promise solvency while sitting on $39 trillion in debt and accelerating.

"Backed by nothing" isn't an attack on Bitcoin.
It's a confession about the dollar.

Follow if you're serious about building wealth they can't print away.

[Jonathan Pageau @PageauJonathan]

An Exploration of Modern Dysfunction: What Pluribus is Actually About (link below)

In this video, I look at the symbolism of the recent TV show, Pluribus. There's a lot of speculation about whether it's an allegory for AI, the internet, totalitarianism, or resisting tyranny. But I would argue that it's not allegorical at all, rather it's an exploration of a deeper ontological problem: the relationship of the one and the many, the inside and the outside, sameness and difference.

[POW Joe @breakbreak88]

@PageauJonathan Belle analyse, merci. Je vais tenter (encore une fois..) d’avoir une discussion stimulante avec mes jeunes adultes. Pas facile 💪

[Stack Hodler @stackhodler]

Global finance changed in October 2023 and few people noticed.

And if you're an investor, you better know exactly what I'm talking about or you might make a huge mistake.

Gold was completely flat between August 2020 and October 2023.

But since then? It's up 95%.

Bitcoin paints a similar picture.

By October 2023, BTC was showing signs of life after the 2021 meltdown.

But since the exact same date that gold took off, BTC has gained 313% in a controlled, methodical manner.

You need to be asking yourself one question: WHY?

As gold is breaking out towards new highs, lots of Bitcoiners are waiting for one last pump to sell before riding off into the sunset for the bear market.

But before you make any decisions... You need to understand what happened in October 2023.

That was when Janet Yellen and the United States Treasury tacitly admitted that they could no longer fund budget deficits with regular long-term debt issuance.

And so, since October 2023, the US has been funding an increasing amount of its deficit spending with short-term treasuries because that's the only thing investors were willing to buy.

Everyone wanted t-bills, but no one wanted to get stuck holding long term bonds.

And why would you? As rates go up, the value of those bonds collapse.

Silicon Valley Bank learned that lesson the hard way.

But with T-Bills, you aren't exposed to the same risks because you aren't locking capital up long-term.

So the reason Gold and Bitcoin have been up tremendously since October 2023 isn't just because of "cycles."

They're up because the market realizes that the sovereign debt bubble is reaching it's natural conclusion.

Shifting debt issuance to short term T-Bills was an admission that there's not enough demand for long term treasuries.

If they continued to sell the standard amount of 10, 20, and 30 year bonds, government bond yields would increase to unsustainable levels.

And the US would be functionally insolvent.

Historically, that means a sudden currency devaluation.

In which case, hard assets win the most.

That's exactly where we're at today.

So if you're wondering what the next catalyst for Bitcoin is going to be...

It's not microcaps adopting BTC, or even the Trump family buying more BTC.

It's the same catalyst that has added $9 Trillion to gold's market cap in less than 2 years.

It's trillions in capital fleeing the sinking sovereign debt ship by hopping into the gold and orange life boats.

We are no where close to the end of this trend.

In fact, we are closer to the beginning than the end.

However, when the crisis point comes, history tells us that currency devaluations happen suddenly.

Nobody knows when it will come.

But when it does, you'll do well if you have the majority of your wealth in assets that cannot be seized or debased.

[POW Joe @breakbreak88]

Restoration of the Satoshi Statue Artwork in Lugano- Ripristino Statua di Satoshi a Lugano - Sign the Petition! https://t.co/99W09qYzRX via @Change

[Stack Hodler @stackhodler]

Bitcoin will hit $10 million within the next 20 years.

That's 100x from here.

If you're skeptical, try to earnestly understand why very smart people believe this.

It's probably the highest ROI activity you can take right now.

And it's likely to make you financially free far earlier than expected.

But then what?

Many of you reading this already have enough Bitcoin to "make it" many times over.

Which means you're going to face a common trap.

You're going to be tempted to find "the next Bitcoin."

I've seen it a thousand times.

Alts, ICOs, Crypto Kitties, meme stocks, NFTs, etc...

You see, multiplying your wealth is addictive.

And after you do it with Bitcoin, you'll seek other investments that can give you the same thrill as Bitcoin.

You'll give in to FOMO. You'll crave more volatility.

You'll overlook the dead simple 100x opportunity you already know for one that can multiply your number faster.

And you know what? You might even succeed.

There are endless opportunities out there, and there will always be smaller market cap investments that grow faster than Bitcoin in percentage terms.

But amidst the FOMO (and it'll be back soon) keep one thing in mind:

Bitcoin is likely enough for your financial needs.

If you stack diligently and exercise patience, it is probably the most certain path to freedom.

And beyond Bitcoin, your time will likely be best spent on non-monetary investments.

In 20 years you want to be:

- Healthy
- Wealthy
- Loved
- Wise

Which means you need to be investing in your physical and mental fitness each day.

You need to be building a family that will pay priceless dividends 20 years from now.

You need to be challenging yourself, gaining hard fought wisdom, and growing spiritually from the process.

So when the FOMO returns, and you see dozens of investments rocketing...

Instead of spending your finite time and energy worrying about them, recognize that the point of Bitcoin is to free you from having to do so.

And that your time can be spent on all the other things that make a beautiful life.

The real difference between someone with $20 million and $200 million doesn't come down to how much money they have.

It comes down to how well they live.

And very often that has nothing to do with money at all.

[Max Keiser @maxkeiser]

- Money existed before the state
- Bitcoin separates money from state
- Bitcoin kills the state

What is money?

It’s how humans fulfill their insatiable need to travel through time & space.

Gold used to be the champ. You could travel any distance and use it to trade & interact with other humans: space.

You can put in a safe and pull it in the future and use it to trade & interact with other humans: time.

The reason Bitcoin is demonetizing Gold (and everything else) is that it allows humans to fulfill their insatiable need to travel through time & space more easily, efficiently & safely.

It does such an excellent job doing this it has rightfully earned the moniker of Perfect Money.

Fortunately, for Bitcoin to continue along its path of becoming the global monetary standard, universal buy-in is not required. Nobody can stop math.

Anyone can ignore Bitcoin.

Anyone can ban themselves from Bitcoin.

But since Bitcoin is permissionless, it doesn’t matter what anybody thinks of it. The changes coming to the course of monetary history we all find ourselves riding cannot be stopped.

Nothing stops this train.

[TONY™ @TONYxTWO]

This isn’t a third world country. This is New York City.

What tf happened to New York .. ??

[//Bitcoin 𝕵ack 🐐 @bitcoinjack]

Should be very interesting

I don't see why they wouldn't list Strategy, considering Coinbase has also been listed

The environment is prime for Strategy to list on the index

[Aleksandra Huk @HukAleksandra]

Who remembers this and how much shit I got for posting it back in 2022? Some even said I should go to jail for sharing this move.

Today, that car would be worth $30K, while 2.4 BTC is worth $257,000

[Rep. Warren Davidson @Rep_Davidson]

A Central Bank Digital Currency is the real-life Death Star.

The government should never be allowed to design, build, or issue a CBDC.

[Daniel Batten @DSBatten]

Two years ago, @JeffBooth challenged me to say why the ultimate environmental benefit of Bitcoin is how it replaces the fiat economy's incentive to consume and waste, with a Bitcoin incentive to think about tomorrow and save

Took me two years Jeff, but here it is!

[Elon Musk @elonmusk]

Wow, a prime number with 420 digits!

[Balaji @balajis]

RECLAIMING DEMOCRACY

I disagree with the idea that democracy must limit economic growth. Moreover, I think we actually need to reclaim democracy just as we reclaimed free speech, because above all democracy means the consent of the governed. But let me first defend democracy's economic track record.

(1) First: democratic India posted the highest economic growth rate in the world over the last ten years, proving that democracy need not hold back an economy:

(2) Second: India is now arguably better at democracy than many Western jurisdictions, as half a billion votes were counted in one day. That shows democracy is feasible even at billion-person scale in the modern age:

(3) Third, perhaps obviously, democratic America was the richest and most successful country in the world. It was able to build for 200+ years, in part because it combined democracy with capitalism and the frontier spirit.

(4) Fourth, as another example of how democracy can actually catalyze economic growth, the democratic vote in the late USSR publicly repudiated the Soviet far left, and led to the economic growth of Eastern Europe and the Baltics.

(5) Fifth, what can happen economically when we lack democracy? Well, in California, once the blues succeeded in destroying democracy and turning it into a one party state where the Party always won, the looting of the public trough truly began in earnest. The abolition of competitive multiparty elections after 2010 is why Californians got $100B nonexistent trains:

(6) Sixth, even in those contexts where the voting is more with feet than ballot, the essential principle of consent is preserved. For example, tech companies do have CEOs, and so there is top-down leadership. But they also have bottom-up consent, as every single person who's there has consented to be there and can leave at any time. This consent is what drives the performance of tech.

(7) Seventh, the recent 97%+ vote in Starbase shows that we can manifest this type of consent in the physical world as an official vote, by combining voting with your feet (moving to Starbase), voting with your wallet (building Starbase), and then voting with your ballot (incorporating Starbase).

(8) Eighth, just like crony capitalism isn’t a good reason to implement communism, so too democratic corruption isn’t a good reason to implement dictatorship.

(9) Basically: I do understand the right’s critique of democracy, just as I understand the left’s critique of capitalism, but at the end of the day one must earn legitimacy through consensual votes just as one builds wealth through mutually beneficial transactions.

Otherwise the right-wing anti-democrat is just the inverse of the left-wing anti-capitalist. The anti-capitalist wants wealth without earning it, while the anti-democrat wants legitimacy without building it.

But in reality there are no shortcuts. You need the consent of free people, freely given, to build something truly great. And that’s what democracy really represents: the consent of the governed.

Anyway, I'll write more on this, but we should reclaim democracy as we reclaimed free speech, by strengthening it for the Internet age. Because the alternative to democratic capitalism is communist dictatorship, and that just isn’t an acceptable alternative.

[Vivek Sen @Vivek4real_]

$7,500,000,000 worth of #Bitcoin shorts to be liquidated at $115,000 👀

SEND IT 🚀

[SpaceX @SpaceX]

Dragon has separated from Falcon 9’s second stage

[Timothy Snyder @TimothyDSnyder]

Five things to remember about war:

1. Many things reported with confidence in the first hours and days will turn out not to be true

2. Whatever they say, the people who start wars are often thinking chiefly about domestic politics

3. The rationale given for a war will change over time, such that actual success or failure in achieving a named objective is less relevant than one might think

4. Wars are unpredictable

5. Wars are easy to start and hard to stop