@LynAldenContact In the stablecoin conversation, it surprised me how he seemed to get caught up on *conservation* of dollars / Egyptian pounds in a local scope - it's about the exchange rate and how that exchange rate permits marginal supply growth at a macro level.
@PeterSchiff Value is nonlinear w.r.t. adoption - you're comparing emerging and mature stores of value. That said, congrats to gold bugs last 12 months
I uploaded Chapter 13 of Broken Money, called "Heavy is the Head That Wears the Crown," to my website for free reading.
It focuses on the US trade deficit and where a lot of it arises from, structurally:
https://t.co/Q7rAHD3U0y
@AssaultCS2 The success of MSTR is path dependent, the success of BTC arguably less so. MSTR carries additional risks including management risk and leverage risk.
@LynAldenContact The first derivative of M2 has grown permanently post-Covid. I bet you would find an increased correlation among all risk assets pairwise (except LT Treasuries). And I bet this continues into the future and even accelerates as the debt/liquidity situation progresses.
. @realDonaldTrump You could have brought @RobertKennedyJr into the fold to win over the independent votes and then thrown him to the wolves in the senate hearings. Instead you and @JDVance kept your word and leaned in to get this through. Thank you on behalf of myself. My kids. And my kids kids.
Just google “ordo amoris.” Aside from that, the idea that there isn’t a hierarchy of obligations violates basic common sense. Does Rory really think his moral duties to his own children are the same as his duties to a stranger who lives thousands of miles away? Does anyone?
@LauraRbnsn@DanielCowper Maybe undone in instance, but not in principle. Therefore the gentiles are grafted in due to their actions. But still it is not justified to throw the children’s food to the dogs.
Pretty funny to see people who blamed the problems of the last four years on things that happened five or six years ago suddenly pivot to criticizing Trump for not successfully lowering the price of fresh produce that went onto shelves during the Biden presidency.
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.
They can take your X account.
They can take your TikTok account.
They can take your YouTube account.
They can take your Facebook account.
They can take your Instagram account.
They can't take your nostr account.
@SullyMichaelvan Using options to get in or out makes great sense. In either case you are selling the volatility which is why you need less bitcoin than a simple sale. The flip side is you have a bit more drawdown risk when selling CC