ϟ

[Florentino 2026 @Florentino2026_]

MOUcha historia por hacer.

[Gordon Johnson @GordonJohnson19]

1/15 @elonmusk just promised FSD V15 will "far exceed human levels of safety, even in completely unsupervised and complex situations."

He said the exact same thing about V12 in 2023.
And V11 in 2022.
And V10 in 2021.
And V9 in 2021.

Here's the full receipts. 🧵

[ϟ @systemeschakale]

@patrickbetdavid Ledo

[ϟ @systemeschakale]

@ivoent1 Koji

[Stack Hodler @stackhodler]

You just articulated one of the best parts about Bitcoin.

It will make everything more affordable. Here's how:

Without Bitcoin, you're forced to invest in a bunch of random stuff to grow your purchasing power.

Hotels, homes, speculative startups, etc.

Sure you know a bunch of it will fail, but you have so much cash that you just spray and pray that something hits and makes up for the losses.

That's capital misallocation. And it's happening at scale.

It inflates the price of everything for everyone.

Including homes that people need.

So what happens when people start stacking Bitcoin instead of dumping money into real estate investments?

The price of homes that people actually need to live in will fall.

Prices are truth.

They are the market's way of telling you the relative value of things.

So if your buddy can't get anyone to dump $16 million into a hotel, that means he's holding the bag.

He (or the bank that owns the hotel) needs to revalue the hotel much lower to whatever the clearing price is.

That's what happens when you play around with 20th century stores of value at the dawn of Bitcoin.

Asset holders need to adapt or die.

The price of real estate will continue to fall relative to Bitcoin because it's a terrible store of value compared to BTC.

Insurance costs, property tax, maintenance costs, tenant headaches, natural disaster risk, pandemic risks, etc...

Capitalism won't stop though.

At a certain point, Bitcoin returns slow down when it's properly priced closer to ~$10 million a coin in today's terms.

And then it may make sense to buy equity in businesses that can offer cash-flow or rapid growth opportunities.

But it's important to remember: People won't stop consuming just because they have Bitcoin.

When someone has surplus wealth, they eventually value time/experiences/material comfort more than incremental wealth.

Or they may want to fund entrepreneurs for excitement / challenge / impact.

And so Bitcoin will incentivize people to save and carefully allocate capital, but once they have "enough" - they will still trade some of their Bitcoin for goods and services.

One last thing:

You said deflation is a bad thing.

Deflation is coming no matter what.

When AI and robots are doing 90% of our work, that's massively deflationary because they can do things way faster and cheaper than humans.

Which should make the price of everything fall.

But you're right that deflation is bad for a debt-based economy because you can't pay back debt if the currency the debt is denominated in gets more valuable.

That's why central banks debase currencies to make sure the debt based economy doesn't implode.

So right now, instead of letting technology gains make things cheaper for everyone, central banks actually make sure we all face 2% growth in prices every year.

And they'll debase the currency as much as they need to to make sure prices grow instead of fall.

Which is why things get worse every year if you're stuck in the fiat system.

Luckily anyone can opt out of the inflationary system right now by adopting finite Bitcoin.

Bitcoiners are already living in a deflationary world.

We're getting the full benefit of humanity's increasing productivity.

Everything around us is getting vastly cheaper every four years.

Anyone can opt into this deflationary system at anytime and get the full benefit of the AI / robotic revolution that is just beginning.

[Nayib Bukele @nayibbukele]

I told you so.

[Senator Cynthia Lummis @SenLummis]

WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE 🇺🇸 🇺🇸 🇺🇸

[Vini Jr. @vinijr]

Eu farei 10x se for preciso. Eles não estão preparados.

[ϟ @systemeschakale]

@ccParabellum @bluewalletio I also have this problem

[ϟ @systemeschakale]

@ivoent1 Ive jel me pratis na tviteru

[Nayib Bukele @nayibbukele]

Almost every government in the world is 10x to 1000x stronger than all of its criminals combined.

The reason they don’t end crime is because they are colluded with it, or because they benefit from it.

You pick the reason.

[Vini Jr. @vinijr]

I'm sorry for everything you’ve been through, Benjamin Mendy.

You lost two years of your career, but that's the least of this whole situation… What about the psychological damage? Surely your life will never be the same. The culture of destroying reputations has made yet another victim.

Until when will we be accused and condemned without having the right to basic defense? Fake news are created and spread without checking any facts (which is something I personally felt a lot on this holidays) and then the situation only gets worse.

Being responsible would be the minimum for any professional, but nowadays serious work has become an exception. There’s no limits to get more clicks and engagement.

My question is what will be done to repair the damage?

[ϟ @systemeschakale]

@karbonbased Only one is legit #btc

[Elon Musk @elonmusk]

@DeptofDefense @DoD_ODEI Your strategic imperative is defending the United States

[War Monitor @WarMonitors]

Would you rather:

[ϟ @systemeschakale]

@DarwinAwards_ Ni