Why does everything feel like the world is falling apart, yet the stock market has looked like this since 2009?
Well, here's a thread w/ some interesting charts that will help you understand: what you see is NOT what you get.
1/
Normie friend told me he bought $XRP because he didn’t like to own only a fraction of BTC but instead now owns thousands of something else
Told him 0.05BTC is 5 million sats and he asked me where he could get those instead
That’s where we are in the cycle
Wealth concentration has increased a lot in recent decades, contributing to higher levels of political polarization and debates about why.
The top 1% now firmly have more wealth than the bottom 90% of the population combined.
@wapodavenport US national debt is ~$28,900 billion or ~$229k per taxpayer.
Even taxing all “billionaires” at 100% would only make a small dent in that number, so obviously the rest must come from the general public. This is basic math.
Spending is the real problem.
https://t.co/1EwWyqdVsT
By creating many trillions of new dollars out-of-thin-air, The Fed set in motion an economic disaster.
The warnings are over. Inflation is now here.
Every excuse will be offered up as "the reason" for economic pain.
Don't be deceived. The unconstitutional Fed is the reason.
One of the most important arguments for why the United States should embrace Bitcoin appeared in the National Affairs' fall edition.
Here is a breakdown of the argument 👇🏼
We suffer, in this country, from a real - and it seems to me, growing - inability to imagine the lives of others, to see them in any way sympathetically, as opposed to objects of blame. And this goes both up and down the class structure.
I made my debut as a #Bitcoin commentator for my old network this morning. Talking BTC on ABC! Thank you for having me on your morning show @MazenHafezBTC and @abc7rachel!
"You can only “ban” something once; afterwards you’re just admitting you couldn’t." -@GonzoCatalyst
that "china ban bitcoin" buy signal, again.
https://t.co/vgwVmcd6jF
just your friendly reminder that the US government spent $4 trillion of taxpayer dollars bailing out the banks and gave them trillions more w PPP
but the $2 trillion dollar crypto industry which has never received a dollar of government funding is the one being scrutinized rn
FYI...
There are only 2 ways to grow a business.
1. increase the number of customers
2. increase the frequency in which they buy
seems the Vx manufacturers figured this out 😉
IMO it increasingly looks like the public’s understanding of how the money system works may have crossed the Rubicon as a result of the US government’s response to COVID.
Henry Ford once warned what would happen if the public ever understood it...
Sammis Reyes has an incredible story:
• Came to the US at 14 without parents
• Learned English himself
• Lived on $50/month
• Played basketball at Tulane
• Decided to try football
• Attended Florida pro day
• Signed with Washington
Now he's the 1st NFL player from Chile.
Next time you hear The Fed, IMF, BIS or any other Government tell you #Bitcoin is only used for terrorism
You can remember the US Gov literally left pallets of brand new US Dollar Cash, for actual Terrorists