•B•R•E•A•M•⚡️

Resist.

[•B•R•E•A•M•⚡️ @tboronha]

@stats_feed

[Bitcoin for Freedom @BTC_for_Freedom]

If you understand Bitcoin now you’re basically Neo. You can see the code in the matrix before everyone else. Other poeple don’t even know they’re slaves.

[NICO⚡️ @BITVOLT]

Why are we being forced to use a money that is designed to steal from us?

[NICO⚡️ @BITVOLT]

In case anyone is confused with what’s going on:

Western elites fell in love with the China model. They are in the process of implementing it in the west.

[Ian Smith, Sr. @iansmithfitness]

Hot take: The most patriotic thing you can do is not to fight for your government but to fight against your government.

[AriZonan HODL @AriZonanHODL]

The amount of brokenness the bitcoin rabbit hole has forced me to unpack is wild.

It really is a truth machine.

[Bitcoin for Freedom @BTC_for_Freedom]

#bitcoin will go to minimum $10M in today’s money by the next 4 years. The suddenly moment is lining up. OTC desks are getting empty. Exchanges are getting empty. Vanguard is coming. Countries will need to print. The end game will happen this cycle. Get ready.

[Kim Dotcom @KimDotcom]

It’s very expensive to control the Western mainstream media and maintain it as a propaganda tool. The Deep State and their media stenographers are outraged that Elon Musk and Tucker Carlson are going to destroy years of anti-Russia brainwashing with a single uncensored interview.

[•B•R•E•A•M•⚡️ @tboronha]

@EuSouZarolho Exercício do direito de liberdade de expressão.

[•B•R•E•A•M•⚡️ @tboronha]

@adamscochran Let us have a bit of free speech and take our own conclusions.
The real masters of propaganda are on this side of the board not across.

[•B•R•E•A•M•⚡️ @tboronha]

@adamscochran @jromi17 NATO is not a defensive organization, shame that you can’t see the actions behind the words of an offensive “pro-empire” alliance.
NATO bombed Libya.
NATO bombed Yugoslavia.

[Bitcoin for Freedom @BTC_for_Freedom]

If your life didn’t change drastically after you understood #bitcoin, you didn’t understand #bitcoin.

[Caitlin Johnstone @caitoz]

The “rules-based international order” has allowed the incineration of Gaza, and the bombing of Yemeni forces who are trying to stop it.

The “rules-based international order” allowed hundreds of thousands of people to be killed by western-backed Saudi atrocities in Yemen.

The “rules-based international order” allowed NATO powers to knowingly provoke a world-threatening proxy war in Ukraine.

The “rules-based international order” allowed western powers and their regional partners to plunge Syria into a horrific civil war by flooding the nation with heavily armed fascistic extremist factions.

The “rules-based international order” has allowed the US to invade and occupy a vast stretch of Syrian territory in order to control the nation’s natural resources and prevent reconstruction.

The “rules-based international order” allowed Libya to be turned into a chaotic hellscape after western-backed forces killed Gaddafi following a long-desired western regime change operation disguised as “humanitarian intervention”.

The “rules-based international order” allowed the invasion of Iraq to destabilize an entire region resulting in millions of deaths following a campaign of deliberate lies and propaganda.

The “rules-based international order” allowed the invasion of Afghanistan and a decades-long occupation sustained by lies and corruption.

The “rules-based international order” allowed the imprisonment of Julian Assange for journalistic activities exposing US war crimes.

The “rules-based international order” has allowed the planet to be circled by hundreds of US military bases, including in places where the people who live there vehemently oppose their presence like Okinawa, Iraq and Syria.

The “rules-based international order” has allowed the US and its allies to kill huge numbers of civilians with siege warfare tactics in nations like Yemen, Iraq and Venezuela.

The “rules-based international order” has allowed the US to interfere in scores of elections around the world at will and forcibly topple inconvenient governments whenever it wants to.

The “rules-based international order” has allowed China to be surrounded by a rapidly increasing amount of US military bases and war machinery in preparation for a future conflict of unimaginable horror.

The “rules-based international order” has allowed the US to plunge the world into a new cold war with rapidly-escalating brinkmanship against nuclear-armed Russia and China.

The “rules-based international order” has allowed our civilization to be controlled by the most powerful propaganda system ever devised, creating a mind-controlled dystopia of brainwashed gear-turners who are deceived into believing they are free.

The “rules-based international order” has allowed unfathomable amounts of government malfeasance to be hidden behind an increasingly opaque wall of government secrecy.

The “rules-based international order” has allowed the interests of ordinary human beings to be subordinated and subjected to the interests of billionaire corporations and sociopathic government agencies.

The “rules-based international order” has allowed the destruction of our ecosystem for the enrichment of powerful plutocrats.

The “rules-based international order” has allowed our planet to be dominated by an empire of extreme murderousness and depravity at the cost of nonstop bloodshed and ever-increasing tyranny.

If the “rules-based international order” has allowed all these things to happen, what kind of “rules” are we talking about exactly? And what kind of “order” do they sustain?

If this is what the “rules-based international order” looks like, would we not, perhaps, be better off without it?

[halfin @halfin]

Running bitcoin

[Eric Weiss @Eric_BIGfund]

They’ll say, “you got lucky.”
Knowledge + Courage ≠ Luck
#Bitcoin

[Sam Callahan @samcallah]

Ross Steven's Bitcoin section in his annual Stone Ridge investor letter is too good not to share in full.👇

A BLACK BELT IS SOMEONE WHO GETS HIT AND DOESN’T CARE

“If I was the government, I’d close it down.” — F̶D̶R̶ Jamie Dimon on g̶o̶l̶d̶ Bitcoin, A̶p̶r̶i̶l̶ ̶1̶9̶3̶3̶ December 2023

In April 1933, FDR gave Americans less than thirty days to “turn in” their gold or face up to 10 years in prison. The price of gold is ~100x higher today. And legal. Governments are persistently incompetent capital allocators and always impotent, eventually, against the will of their people.

In 1933, what caused the leader of the greatest country in the world to fear a yellow, inanimate object? Perhaps the same thing that 90 years later causes the greatest banker of his generation to fear digital, inanimate “blocks” created every 10 minutes.

The power to create money – via printing (central banks) or credit creation (commercial banks) – is simply too intoxicating to relinquish for anyone not named Milei. To bitcoiners, the hysterical wails “ban it!” or “close it down” are as boringly predictable as they are, Conute-like, irrelevant. It’s hard to point a gun at an idea, or at a passphrase in my mind, especially one I may have forgotten.

The “close it down”-crowd should know better. We do not get our rights from the government. The Constitution limits what government can do, not what the People can do. We fought a Revolution and founded a new country based on decentralization, free markets, property rights, and individual liberty. Quasi-anarchistic, the Revolution was, most of all, against strong central government, the exact kind that would seek to ban something worth far less than 1% of the national wealth and chosen freely by the People.

In contrast to bitcoin, fiat represents government-sanctioned counterfeiting. Printing little pieces of unbacked paper and trying to pass them off as money? Fiat is an economic paradigm premised on the plunder of time from the unfavored many not directly downstream of the State’s monetary spigot. No wonder those in charge love it.

Counterfeiting should be illegal regardless of whether the Xerox machine is government or privately owned. The only monetary difference is the size of the confiscatory audacity. The US Treasury estimates $70 million in counterfeit bills are in circulation. Since 2020, the Federal Reserve has Xeroxed a fresh, crisp $6 trillion.

“If I buy bitcoin…are you buying air? No underlying asset backs it up, it’s simply a matter of belief.” — Elizabeth Warren, 2023

Bitcoin’s security is enforced by far more power than most entire countries produce. That’s not a matter of belief. Buying bitcoin is buying what bitcoin is backed by: an almost incomprehensibly vast amount of stored energy in its blockchain, more than a decade of 24/7, decentralized, Proof of B̵e̵l̵i̵e̵f̵ Work. Not air.

The free market only buys power for what it finds valuable. Right now, that’s about $811B of bitcoin. Like an innocently naïve six-year-old on Christmas morning, our nation’s first federal crypto law – from FinCEN in 2013 – called bitcoin virtual and S̵a̵n̵t̵a̵ fiat real. Reality doesn’t care if you believe in it. Fiat is credit. Bitcoin is money. When FinCEN gets older, they’ll figure it out.

In a battle between the claws of the State and the invisible hand of the market, we can forgive the confused who believe they’re in power. The State excels at being certain. Certainty is different than truth. Once, the State said the sun revolved around the earth. Today, bitcoin is air. I wonder if wet streets cause rain?

“E̵v̵e̵r̵y̵t̵h̵i̵n̵g̵ ̵t̵h̵a̵t̵ ̵c̵a̵n̵ ̵b̵e̵ ̵i̵n̵v̵e̵n̵t̵e̵d̵ ̵h̵a̵s̵ ̵b̵e̵e̵n̵ ̵i̵n̵v̵e̵n̵t̵e̵d̵.̵ We don’t need more digital currency.” — C̵h̵a̵r̵l̵e̵s̵ ̵D̵u̵e̵l̵l̵ Gary Gensler, Chairman of the U̵S̵ ̵P̵a̵t̵e̵n̵t̵ ̵O̵f̵f̵i̵c̵e̵ SEC, 1̵8̵9̵9̵
2023, questioning why the US needs a̵ ̵p̵a̵t̵e̵n̵t̵ ̵o̵f̵f̵i̵c̵e̵ bitcoin

Government officials wield tremendous power. They should be respectful and restrained. The ethics of the job demand personal “we don’t need”-like opinions be kept to themselves, and never infl uence their official actions.

The propulsive tentacles of the SEC Chairman’s extralegal agenda – yes bitcoin, but also share buybacks, corporate disclosure, private markets, securitization, security lending, predictive data analytics, much more – have ceaselessly sought expansion beyond legitimate boundaries. Taken together, in the public words of a heroic fellow Commissioner, his agenda reflects a “loss of faith that investors can think for themselves.” We can.

Fortunately, we live in a Constitutional democracy with an ingenious system of checks and balances on government power. They are working beautifully. In the past year, Courts have repeatedly defeated the Chairman’s agenda:

“Unlike regulatory treatment of like products is unlawful.” “Treating similarly situated parties differently is at the core of unfair discrimination.” “You cannot have it both ways…it is illogical for the rule simultaneously to accept and to reject the reasoning underlying the… benefi t.” “Your actions are contrary to Constitutional right, arbitrary and capricious, and without observance of procedure required by law.” (Note: “arbitrary and capricious”, legally, means “without consideration or in disregard of facts or law” (Black’s Law Dictionary).)

The Chairman’s personal opinions regarding what the entire country needs, or does not need – including bitcoin – do not matter. More SEC defeats are likely. All will be ok. In the meantime, black belts, and bitcoin, don’t care.

Bitcoin is not risky. Fiat is risky.

Over the last one, three, five, and ten years, long-term fiat savings (20Y+ US Treasuries Index) has cumulatively returned 2%, -33%, -8 %, and 24%, respectively. Over the same time-periods, long-term non-fiat savings, bitcoin, has cumulatively returned 156%, 46%, 1,052%, and 5569%, respectively. Which one is risky? Which one is “backed by air”? Which one should we “close it down”? Which is the one “we don’t need”?

Since 2017, bitcoin has been Stone Ridge’s treasury reserve asset because of my extreme aversion to risk. We run net short USD – which is fancy way of saying we net borrow fiat – to pay bills and make investments. We save in bitcoin.

It would be impossible to overstate the corporate advantages of being on the Bitcoin Standard. Since 2017, we’ve doubled our franchises to ten, more than 10x’d our trading profi ts, and delivered 25% annualized ROE for our shareholders. Our firm compensation, rent, and total expenses are up 89%, 119%, and 69%, respectively, in fiat, and down 36%, 26%, and 43%, respectively, in bitcoin.

The more fiat we make, the more bitcoin I buy. You cannot print bitcoin.

“The first rule of Fight Club bitcoin is you do not talk about Fight Club price.” — Tyler Durden, Fight Club, instructing new bitcoiners that we do not talk about bitcoin price

In a world of State money increasingly debased, censored, and surveilled, bitcoin represents optimism, fairness, justice, truth, and beauty. As the People’s money, bitcoin is unstoppable by borders, devaluation, censorship, or mass surveillance. “Privacy is necessary for an open society in the electronic age,” once wrote a very wise man. Please re-read that sentence a few times. Better yet, read the whole essay, increase your resolution on why Church Money and State must be separate, and the reason for the first rule of bitcoin then becomes obvious. I don’t mind if you come to bitcoin for the price. I just hope you stay for the principles.

[Dylan LeClair @DylanLeClair]

#Bitcoin

[TIP_NZ @tip_nz]

Enlightenment occurs when you are unshackled from the indoctrination of the system you once believed in

[Anil Patel @anilpatel]

If you're given the ability to print money, your first priority will be to reduce economic literacy.

[Femi Longe @femilonge]

Western leaders hate #Bitcoin & RIGHTFULLY SO

Beyond speculation, it's a chance to RESET the global monetary system & that scares them

They are at the pinnacle of the current system & would like to keep it that way

The World Bank & IMF detest how it erodes their influence