Snecktoshi

Working class pleb. Dad-joke specialist. Fun runner. World class Sunday league footballer. Handcash: $Snecktoshi

[Snecktoshi @snecktoshi]

Choose your destiny.

Few...

@Orctep @metathomist @mungojelly @Blazoman1 @stiffonacci @NeoRevere @bitcoinkaiser

[Carnivore Aurelius ©🥩 ☀️🦙 @AlpacaAurelius]

why is nobody talking about how this study showed exercise is 1.5 times more effective at healing depression than medication or therapy?

go for a walk and throw some rocks

[Lord Bebo @MyLordBebo]

🇨🇳 All of China has less foreigners than the city Berlin 🇩🇪

Crazy

[Snecktoshi @snecktoshi]

@georgegalloway We have literally Trillions of tons of coal under the North sea. We should be an energy superpower.

[Snecktoshi @snecktoshi]

@TakeThiamine “PHD = piled high in bullshit.” Arthur Jones

[J͎Λ͎Y͎ @TakeThiamine]

This guy is proof you can brute-force your way to the top using only Appeal to Authority and people will eat it up

[Roman Helmet Guy @romanhelmetguy]

Culture used to mean literature, but now people can’t read, so culture means food.

[Snecktoshi @snecktoshi]

@CsTominaga If Politics has taught us anything it’s that the best ideas don’t win. The less subject Bitcoin is to Political machinations the better.

[Snecktoshi @snecktoshi]

@orikron This looks like a scene from the wandering earth.

[Orikron 🇵🇹 骆培思 @orikron]

🇨🇳 China's Artificial Sun is closing in on becoming the first Fusion Energy project using magnetic confinement to reach NET POSITIVE energy output.

🏗️ A whole new facility that is expected to carry out commercially viable energy production before 2030 is now nearing completion.

[Snecktoshi @snecktoshi]

@Object_Zero_ Instead of investing in companies - which produce R&D, products, jobs, i.e. real World economic growth- British boomers ‘invested’ in houses, to the ruination of younger generations.

[Object Zero @Object_Zero_]

London IPO status in ruin

The reason for this is that equities listed on the LSE are undervalued and illiquid, because Brits don’t buy equities.

Instead they keep all their savings in cash! Cash!
Their wealth (overwhelmingly cash savings accounts) is continually eroded by inflation, for which Brits blame supermarkets and energy distributors (businesses with 2% margins) rather than the appalling profligacy of His Majesty’s Treasury.

Brits are not just risk averse they proactively dislike growth, they are educated on a zero sum curriculum dreamt up 30 years ago and based on Sir David Attenborough’s opinions of African ecology.

Brits can’t afford anything because they don’t invest. British politicians complain that the wealthiest 1% of people doubled their wealth between 2010 and 2025, voters are angry that some people did this, even though it works out at a 5.1% compound growth rate. Pathetic growth.

Meanwhile any average Joe in USA makes 11.8% on S&P500 meaning they earn more income from the stock market than their salary by age 50.

The British Prime Minister talks of “managed decline”.

It’s a crab bucket.

A lot of people actually want to be poor and want their neighbours to be poor too.

On top of this, British Government employees have a giant unfunded ponzi pension scheme that is due to collapse in 2037. Their solution is to import 10’s millions of new people to pass the Ponzi to. This is the main project that government employees work on. Detractors be damned.

People who want to save the UK can only talk about nostalgia and a past that can never be returned to, because the demographics and the debt position are already borked.

The heart still beats, but a machine does the breathing and the brain is dead.

The flatlining IPO market is just another signal of what many of us already know.

[Snecktoshi @snecktoshi]

@mmeo5723 @nntaleb Thanks for sharing, this concept encapsulates almost every meeting I’ve ever attended.

[Snecktoshi @snecktoshi]

@hodlonaut @foolrushingin The Bitcoin Core github repository is controlled by just 4 people.

A politburo of central planners.

[James Graham @jamesnigraham]

The London Stock Exchange is dying.

We have dropped out of the top 20 IPO markets, falling behind Mexico.

In 2006 London raised $51bn, this year it was $248m.

A 99% decrease.

Some thoughts on why this matters and how we change course

🧵

[Collingwood 🇬🇧 @admcollingwood]

For many years I have wished that the UK economy would rebalance away from the City and finance sector. Obviously I had hoped this would be through the reindustrialisation and reinvigoration of the North; however, the geniuses in Whitehall and Westminster look to be achieving it through decimation of the City of London as a global finance centre. This is concerning given how the City essentially allows Britain to have far higher living standards than our trade account would otherwise allow. But, for the British establishment, ensuring that all boards of directors have a prescribed number of women and ethnic minorities on them is more important than attracting IPOs. So hey-ho.

[Snecktoshi @snecktoshi]

@StefanMolyneux https://t.co/KLRIpEgS89

The urge to perform meaningful work is an intrinsic part of a healthy male psyche.

[Bernie @Artemisfornow]

This is Switzerland, where social housing is being made available only to those who give up their cars!

Coercion of citizens, who would never vote for this policy, in order to force the Agenda 2030 narrative.

Probs a new Labour policy by next week.

[P.D. Mangan Health and Freedom Maximalist 🇺🇸 @Mangan150]

Cholesterol and dementia:

High total cholesterol levels are associated with up to 80% lower risk of dementia.

[Peter Schiff @PeterSchiff]

At its peak in 1929, the Dow Jones was 381.17. Today it's 46,250. To put that in perspective, in 1929 gold was $20 an ounce. Today it's $3,830. In 1929, the Dow was worth 19 ounces of gold. Today it's worth just 12. That's a 37% decline in 96 years. Don't be fooled by inflation.

[Klonopin Centaur @facetedcarapace]

I haven't felt right since I learned brown is just dark orange and orange is just light brown. It was hiding in plain sight the whole time.