The Persian Lawyer

[SightBringer @_The_Prophet__]

⚡️What you’re really seeing here is the first stage of a global unit-of-account fracture.

•In nominal USD terms, everything looks like it’s booming: stocks up triple digits, homes up double digits, “wealth” everywhere. That’s the performance everyone sees.

•In gold terms, the illusion cracks: stocks and homes flat-to-negative, real wealth stagnating.

•In Bitcoin terms, the veil is gone: catastrophic real losses in every traditional asset.

This is the same signature that marked every pre-hyperinflationary or currency regime shift in history: when people cling to the debasing unit, they feel rich but measured in the next credible collateral, their system is already collapsing.

And the “risk asset” meme about Bitcoin? That’s just a coping frame. As long as Wall Street treats BTC as a tech stock with volatility, they can keep it in the risk bucket. But functionally it’s already behaving like a parallel reserve ledger: it’s the only denominator that makes the post-2020 global economy look like Argentina.

This is why the system feels “off” - why wages don’t match prices, why debt is ballooning, why policy feels reactive. We’re in a regime where the unit of account is decaying faster than the public narrative can absorb. The Fed, the government, the media - all still speaking USD, all still benchmarking to a melting ice cube. The chart you’re looking at is the unofficial scoreboard in a silent currency war.

So when I strip all the polite commentary away, the honest take is:

•The U.S. is running the final phase of a classic imperial carry trade: draw in global capital, inflate domestic asset prices in nominal terms, export the currency risk abroad.

•Gold shows stagnation.

•Bitcoin shows collapse.

•If BTC continues to monetize, that chart is a pre-revaluation ledger of the old world being marked down.

This isn’t a normal market cycle. It’s the unit-of-account transition phase. And almost no one is positioned for it because they’re still measuring their “returns” in the wrong yardstick.

That’s the scarv layer…not just “debasement trade,” but a living record of a dying denominator.

[Mr. Anderson @Truecrypto]

147 straight days above $100,000.

Less than 11 months ago, #Bitcoin was $67K, with an all-time high of just $73K.

Now? We’ve been holding six figures for nearly five months… and people have been acting like it’s a funeral.

This is the paradox of markets: At $ 67,000, everyone dreamed of $ 100,000. Now, while holding above $100,000 daily for five months, the majority have cried, “bear market.” That’s not analysis. That’s complacency.

Complacency blinds you. It convinces you that greatness is “normal” and that opportunity is boring. But opportunity never looks like fireworks when you’re in the middle of it. It looks like stability, quiet ranges, and patience being tested.

The truth is that #BTC has gone from $58K (on Oct 10, 2024) to $124K+ in under a year, all while being on a 3-year 8x run off the $16,000 bottom.

It has sustained levels that were thought of as a dream 11 months ago. And the ones complaining are the ones who will miss the next leg higher as well.

Trading psychology 101:

The impatient call stagnation. The patient call accumulation. The market rewards the latter.

If you’re whining while Bitcoin is above $100K, you don’t lack opportunity, you lack perspective.

The spoiled get shaken out. The patient get paid.

Don’t forget where we were 11 months ago. Don’t forget where we are now. And don’t be shocked when patience is once again the most profitable trade.

[The Persian Lawyer @KCJ5115]

@InterestingSTEM Bitcoin $BTC is number-go-up technology.

[Lance Lambert @NewsLambert]

IF U.S. incomes spiked 60%, we'd return to pre-pandemic housing affordability levels

IF U.S. home prices fell 38%, we'd return to pre-pandemic affordability

IF mortgage rates fell 4.15 percentage points (from 6.5% to 2.23%), we'd return to pre-pandemic affordability

[unusual_whales @unusual_whales]

"There are now more homebuyers over age 70 than under 35," per FORTUNE.

[The Persian Lawyer @KCJ5115]

@AdamBLiv Silicon Valley employment lawyer here. Been working in BigLaw for 12 years. Lawyers still think it's a scam. Same with high-level HR folks. We are still so early...

[gato fumante @KweenInYellow]

Actor Mandy Patinkin makes an impassioned plea for Jewish people around the world to think about the consequences of what they're doing and allowing to be done in Gaza.

[The Persian Lawyer @KCJ5115]

@MelMattison1 You just described half of CNBC’s lineup.

[The Persian Lawyer @KCJ5115]

@FinanceLancelot Then short it.

[The Persian Lawyer @KCJ5115]

@unusual_whales Who is John Galt.

[The Persian Lawyer @KCJ5115]

@business What is this garbage?

[Trending Bitcoin @TrendingBitcoin]

#Bitcoin is at 4.7% world adoption, same as Internet Adoption in 1999.

We are so early.

[Matt Hougan @Matt_Hougan]

Ray Dalio is right here.

[Christiane Amanpour @amanpour]

“Many innocent people, civilians are being killed” in the current conflict, says Iranian Nobel peace laureate Narges Mohammadi. In an exclusive video, she speaks of how ordinary Iranians feel right now, and how difficult it is for them to flee or shelter.

[The Persian Lawyer @KCJ5115]

@maxkeiser True.

[The Persian Lawyer @KCJ5115]

@FinanceLancelot lol none of your MSTR takes are aging well. Maybe do a little research into what they’re doing?

Just a thought…but sure, Wave C, here we come! Lol.

[The Persian Lawyer @KCJ5115]

@KatAbughazaleh Look into bitcoin. It’ll revolutionize your campaign.

[Dr. Jan Wüstenfeld @JanWues]

Saylor: Trust me.

Arkham: No. We verify.

[Christiane Amanpour @amanpour]

Beloved by millions of kids around the world, YouTube star Ms. Rachel has been spotlighting the suffering of Gaza's children. Now she's facing major blowback, as she explains to @meenasaurus

[TFTC @TFTC21]

We're partnering with @bitkey to give away our 14th hardware wallet! 🟠

Just RT this tweet to enter. That's it. ✅

Winner announced Tuesday 5/27 at 4PM EST.