Emergency Press Conference: Ripple is undermining American prosperity, freedom, and Bitcoin.
Ripple is actively lobbying to stop a Bitcoin Strategic Reserve in the U.S. while pushing their centralized, corporate-controlled token.
We will not stand for it.
Hey @Disney@DisneyWorld, We’ve noticed staff often say “Please do X for me” for nearly every request, which can feel a bit bossy. Could you consider a friendlier alternative, like “Please do X”? Thanks for listening! #Disney#GuestService
Money is our time and energy in an abstracted form. When it's devalued, so are we.
What changed in 1971? Declines in family, housing and overall quality of life.
Is it because life demands more from those using fiat currency?
Printing money is affront to human dignity #Bitcoin
the FBI calls crypto money so they can arrest you for money laundering
the IRS calls it property so they can tax you on capital gains
the SEC calls it a security so they can sue every exchange
the CFTC calls it a commodity so you can’t use it as a currency
If you listened to this episode of @titcoinpodcast with @Excellion then you are mentally prepared right now…
If you did *not* listen then what #Bitcoin does next may shock you…
I’m going to suggest something that I’ve been thinking about for a couple of weeks, but I haven’t spoken about publicly yet.
I think it’s possible that the #bitcoin ETF approval could kickstart a speculative attack and lead to hyperbitcoinization.
The beginning of ETFs holding spot bitcoin, alongside Interactive Brokers' low borrowing rates, currently at 5.83%, presents an unprecedented opportunity for leveraging bitcoin at the lowest interest rates available in global financial markets. This significantly enhances bitcoin as collateral.
ETFs opened the potential for a massive positive feedback loop. Borrow (create) dollars and buy bitcoin. This very act devalues the dollar and increases the value of bitcoin, and it can be repeated, over and over again.
As @BitcoinPierre stated in 2014, “The feedback loop between fiat inflation and bitcoin deflation will throw the world into full hyperbitcoinization.”
The future of money is bitcoin, and the transition is already underway. This is hyperbitcoinization.