Joe Smit

#Bitcoin

[Poetic Outlaws @OutlawsPoetic]

Ernest Hemingway, born on this day in 1899.

"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists."

[Sam Callahan @samcallah]

Friendly reminder that #Bitcoin is the only thing in the world with a fully auditable fixed supply.

That’s kind of a big deal.

[Lyn Alden @LynAldenContact]

The numbers are in. The Fed's balance sheet increased by nearly $300 billion last week.

[Richard Murphy @RichardJMurphy]

Money creation https://t.co/k79w3sZzQa Very few people seem to understand that all money is just debt and is created either by government debt or commercial bank lending. So, this is an explanation from the Tax Research glossary of economics.

[Michael Saylor @saylor]

#Bitcoin is the ₿est Store of Value.
https://t.co/NTlct46VpO

[Jeremy Corbyn @jeremycorbyn]

A statement on my future as the MP for Islington North.

[Frank Owen's Legendary Paintbrush🥀🇵🇸🇾🇪🇸🇩 @OwenPaintbrush]

Centrica announces record profits.

Centrica is a client of Peter Mandelson's lobbying company.

Corbyn would have re-nationalised British Gas.

Mandelson spent "every single day" undermining Corbyn.

Starmer is "advised" by Mandelson.

Starmer wears Centrica jacket.

#corruption

[Jameson Lopp @lopp]

There is no guarantee that the value of bitcoin will continue going up.

However, you can be sure that the value of fiat will continue going down.

[Prem Sikka @premnsikka]

In last 2 years privatized train companies received public subsidy of £13.3bn and £17.6bn.

Dividends and exec pay galore, often to foreign govts and investors.

We get high fares, lousy service and heavy cost.

Nationalisation is better value for money
https://t.co/a0USbDw5tq

[Documenting ₿itcoin 📄 @DocumentingBTC]

The size of #bitcoin compared to fiat and gold

[Bitcoin Archive @BitcoinArchive]

BREAKING: Bank of England says QE will be on 'whatever scale is necessary' 😳

👉Buy Bitcoin

[Richard Murphy @RichardJMurphy]

Those close to the government appear to be realising that UK households have no chance of surviving the coming winter with fuel bills forecast to rise to £4,000 or more a year. But the plan they're looking at is dire. A thread....

[Jaime Schmidt @jaimeschmidt]

How to take a nice nap 🧵

[Richard Murphy @RichardJMurphy]

New research showed the Suffolk coast can’t be defended from flooding yesterday. So the government wants to build Sizewell C on one of the most vulnerable parts of it. You can’t make up incompetence of this magnitude.

[Sahil Bloom @SahilBloom]

1/ Money Printing 101

By now, we have all seen the “money printer go brrrr” meme and have heard about the money printing exploits of central banks.

But what is money printing and how does it work? Hint: it rarely involves a physical money printer.

Here’s Money Printing 101!

[Richard Murphy @RichardJMurphy]

There is a story doing the news rounds this morning that Sunak has cost the government £11 billion by failing to manage government interest rates properly. But the real story is much worse than that. This is about banks winning at cost to us all, yet again...a thread to explain.

[Sahil Bloom @SahilBloom]

20 ideas I can’t stop thinking about:

[Joe Smit @coldjoesmith]

@mrtfs1981 Wordle 281 3/6

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