Brix Jørgensen

Tick-tock next block npub140xd2h8nwfu258yd73ag0eysxrfkaurl3aynncluca7z9uyudg3qgnf0m3

[Brix Jørgensen @brixjorgn]

@Matt_Hougan It’s too bad Ethereum gave up on decentralization and ties to the physical world, by adopting the same architecture as fiat: proof of stake. The rich are now in control, and regulatory capture is all but guaranteed.

[Stack Hodler @stackhodler]

We're witnessing the birth of #Bitcoin as the new flight to safety.

The global sovereign debt bubble is popping.

And US Treasuries are no longer the go-to flight to safety.

The market is beginning to value the fact that BTC protects you from debasement and counter-party risk.

We saw it in the banking crisis earlier this year as investors fled failing banks and turned their uninsured fiat deposits into bearer Bitcoin.

Now, global bonds are nuking and Bitcoin is once again pumping as most other assets sell off.

Performance in the past month:

#Bitcoin +10%
📜 US Treasuries -7.8%
🪙 Gold -5.7%
📉 SPY -5%

The fiat ponzi is a game of musical chairs.
There are only 21 million chairs.
And the music appears to be slowing.

[Brix Jørgensen @brixjorgn]

@Owll_D @GhostofWhitman Again, irrelevant to the ongoing propaganda that Russia pushes on its population, and increasingly, it’s political adversaries. The contrarian mind seems to eat it up, satisfying some desire for alternative narrative, despite its obvious falsity.

[Brix Jørgensen @brixjorgn]

@Owll_D @GhostofWhitman “Wall Street” is place, not an institution. All manner of people engage with global markets, and NYC hosts the largest ones. In any case, that is complicated irrelevant to Russia’s tired propaganda

[Brix Jørgensen @brixjorgn]

@Zen_Trades1 @blknoiz06 VCs looking forward to dumping on retail again

[Documenting ₿itcoin 📄 @DocumentingBTC]

Larry Fink is the CEO of BlackRock.

BlackRock is the largest money manager in the world with $9,000,000,000,000.

He says #bitcoin is “digital gold”

[Pierre Rochard @BitcoinPierre]

AI is already consuming more electricity than #bitcoin mining.

This is an absolute disaster for Bitcoin’s critics, they failed on their primary angle of concern trolling and now it’s too late.

[Peter St Onge, Ph.D. @profstonge]

The Self-Licking Ice-Cream cone in living color: $4b electric vehicle battery plant in Kansas uses so much energy it requires its own coal plant 🤡

https://t.co/e5slpOpoWr

[Brix Jørgensen @brixjorgn]

@tillnms @rajatsoni Trading bitcoin for depreciating fiat makes no sense. Please reread the OP.

[Brix Jørgensen @brixjorgn]

@rustyrockets @BTC4MYKIDS By “NATO’s expansion” you mean countries asking to join an alliance to protect themselves from Russia’s violent dictatorship. “Triggering” is rhetoric to hide the fact that Russia is responsible for Russian action.

[Joe Consorti @JoeConsorti]

As rates climb higher, the hole in banks' balance sheets gets bigger.

Losses on US Treasuries have reached $1.429 trillion.

With the Treasury set to raise issuance as USTs sell off, yields will push higher & this hole will get bigger.

Pour one out for the regional banks 🫗

[Brix Jørgensen @brixjorgn]

@DocumentingBTC Imagine when robots want

[Documenting ₿itcoin 📄 @DocumentingBTC]

#Bitcoin mining is helping 1,600 families in the mountains of Malawi, Africa produce cheaper and more reliable energy.

How it works:

Extra sustainable electricity 🌊
+
Starlink internet connectivity 📡
+
Bitcoin mining profitability ⚡️
=
Infrastructure for the community 💡

[Bitcoin Archive @BitcoinArchive]

BREAKING: 🇺🇸 The Senator who said “Bitcoin can open the doors of corruption in El Salvador," was just indicted for corruption by Federal Prosecutors who seized $100,000 in gold bars and $480,000 in hidden cash from his home.

Quelle dommage… 😅

[Adam Back @adam3us]

gold is literally Neolithic stone age tech, which is impressive and shows simple robust technology can be the best store of value for millennia.
#bitcoin is digital gold for the next millennia.

[🇦🇺Luke Mikic- The 9-5 Escape Artist🇵🇪 @LukeMikic21]

🇺🇸While everyone was focused on whether the Fed is going to raise interest rates by a measly 0.25% or not, 2 rubicons were just crossed!

❌US debt has hit $33,000,000,000,000 for the 1st time.

❌Cumulative inflation in the US has just reached 3000% since the beginning of the Federal Reserve in 1913.

Do you see it yet?

They have NO solution.

The printer is coming and you better have some Bitcoin.❌

[Elon Musk @elonmusk]

The first human patient will soon receive a Neuralink device. This ultimately has the potential to restore full body movement.

In the long term, Neuralink hopes to play a role in AI risk civilizational risk reduction by improving human to AI (and human to human) bandwidth by several orders of magnitude.

Imagine if Stephen Hawking had had this.

[Brix Jørgensen @brixjorgn]

Change is hard to accept

[Ben Justman🍷 @BenJustman]

"The biggest problem with #Bitcoin is that everyone has to agree to use it."

This is what you look like, Guy