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The Modern Sovereign
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The South Sea Company and Today’s Stock Market: A Timeless Bubble In the early 18th century, the South Sea Company became a symbol of speculative frenzy, drawing in investors with promises of immense wealth. As the bubble inflated, excitement turned into panic once it burst, leading people to seek refuge in tangible assets like metal coins. Fast forward to today, and we’re witnessing a similar pattern. The modern stock market, marked by soaring valuations and speculative investment, has many recognizing the bubble. As uncertainty looms, investors are once again turning to gold and silver, perceived as safe havens during turbulent times. This cyclical pattern of human behavior—where fear and uncertainty drive us back to tangible assets—reminds us that history often repeats itself. It’s a powerful testament to the enduring nature of economic cycles and human psychology. #Bitcoin
The Illusion of Freedom and Historical Parallels in Orwell’s “1984” In George Orwell’s “1984,” the stark divide between Party members and proles unveils the true nature of oppression. Party members, despite enjoying certain privileges, are under constant surveillance by the Thought Police. Every thought is monitored, and even a hint of dissent can lead to vaporization. This relentless control strips away true freedom, leaving Party members in a state of fear and conformity. In contrast, the proles, while living in poverty and ignorance, possess a level of personal freedom and autonomy that Party members lack. This freedom of thought, even amidst harsh conditions, stands in stark contrast to the controlled and monitored life of the Party elite. This dynamic also echoes the historical patterns seen in the French Revolution, where the oppressed proletariat ultimately rose to power, only to become oppressors themselves during the Reign of Terror. Orwell subtly reflects this cyclical nature of revolutions, reminding us that power can easily become corrupt and that true freedom is often an illusion. image
The Sirens of Homer’s sea sang not one song, but a thousand—each voice sculpted to the secret hunger of the man who drifted near. No sailor heard the same melody. Each heard his own undoing. So too does the Algorithm sing. It studies the contours of your longing, the fractures of your discipline, and it weaves a hymn only you can hear. Not a chorus, but a mirror. Not temptation in general, but temptation made personal. Odysseus chose the mast. His crew chose the wax. Each found sovereignty in restraint—by chains, or by silence. You, modern wanderer, face the same sea. The song will not cease. It will always call your name. The question is not whether it sings. The question is whether you rule yourself—or whether you are ruled by the song. #TheAlgo
One of the reasons I thrive on MetCons is the incredible mental challenge they bring. When the workout gets tough, your mind can start to tell you to quit, but that’s where the real growth happens. Overriding that mental weakness and pushing through is where the magic lies. Adding a weighted vest amps up that mental toughness even more, as it presses down on your chest and challenges your breathing, especially during high-intensity cardio. It’s not just about physical strength; it’s about mastering your mind and pushing beyond limits. LFG! #MindOverMatter image
Athens once stole the war chest of Greece. The Parthenon rose not from Athenian sacrifice, but from the tribute of allies who had entrusted their silver for defense. What was meant to shield the many became a monument to the one. In the shadow of its marble, trust dissolved, and the empire’s foundations cracked. Today, Washington echoes Athens. Russian reserves were seized under the banner of justice, yet the deeper signal cannot be ignored: money held in their system is not safe. What begins as punishment for one becomes a warning to all. Russia learned it by force. China reads it with caution. Quietly, it sheds U.S. Treasuries, not in revolt, but in preparation. Empires are not toppled in open battle; they are bled out by the silent erosion of trust. The Austrian truths remain unshaken. Property rights are the cornerstone of cooperation. When they are violated, exit becomes inevitable. High time preference eats away at every empire that spends tomorrow for today. Political money is brittle; sound money is neutral. Athens fell, leaving only marble as a tombstone to its hubris. The dollar still reigns, yet the vault leaks as those who once trusted it begin to turn away. Treasuries are being offloaded not as protest, but as insurance against the next seizure. Bitcoin is the vault that cannot be raided, the war chest that answers to no empire. The Modern Sovereign understands that marble cracks, fiat erodes, and paper promises decay. Blocks remain. #Bitcoin image
“The path to success is to take massive, determined action.” - Tony Robbins Basically, it means that to succeed, you want to take bold, consistent action. So today, focus on being proactive, putting in effort without hesitation, and just keep moving forward with determination.
“Discipline equals freedom” - Jocko Willink This is a powerful reminder that by focusing on what we can control and staying disciplined, we actually gain more freedom in the long run.
Eudaimonia: The Ancient Path to Flourishing vs. Modern Pursuit of Instant Gratification In the heart of ancient Greek philosophy, the concept of eudaimonia represented the pinnacle of human existence. Often translated as “flourishing” or “living well,” eudaimonia goes beyond mere happiness. It’s about living in accordance with virtue, realizing our potential, and cultivating a life of moral and intellectual excellence. However, in today’s fast-paced world, it often feels like the focus has shifted. Many of us chase immediate pleasures, quick comforts, and instant gratification. This high time-preference approach often prioritizes short-term enjoyment over long-term fulfillment. While the pursuit of pleasure isn’t inherently bad, it can sometimes lead us away from the deeper, more enduring satisfaction that comes from eudaimonia. By embracing a life of virtue, purpose, and growth, we can cultivate a more meaningful and fulfilling existence—one that transcends fleeting moments and leads to true flourishing.
Always be exiting dollars. Don’t be a Cantillionaire’s exit liquidity. Have a great day!
Using Leverage to Orange-Pill Effectively Introducing someone to Bitcoin can be a game-changer, and using the right kind of leverage can make all the difference. These are the three types of leverage as described by Chris Voss in his book “Never Split the Difference” and how they can be used when speaking to a normie about Bitcoin. Positive Leverage: Highlight the incredible benefits of Bitcoin, like financial sovereignty, protection against inflation, and the potential for long-term growth. Make them feel that they’re gaining a powerful opportunity. Negative Leverage: Gently point out the risks of not embracing Bitcoin, such as the erosion of purchasing power with fiat currencies and the uncertainty of traditional financial systems. Normative Leverage: Appeal to their core values, whether it’s financial independence, privacy, or resisting centralized control. And then, Black Swans are the game-changers! Unexpected events that highlight Bitcoin’s value in a dramatic way can really drive the point home. #Bitcoin image
“Fiat’s proof of work relies on violence and the use of physical power to subjugate opponents in the case of disagreement.” - Saifedean Ammous #Bitcoin image
Title: The Costs and Benefits of Fiat Money Introduction: Fiat money, the currency we use daily, has transformed economies but comes with its own set of trade-offs. Benefits: 1. Efficiency in Transactions: Unlike physical commodities like gold, fiat money can be transferred quickly and at a low cost. 2. Stability and Flexibility: Central banks can manage monetary policy to control inflation and stimulate growth. 3. Reduced Transaction Costs: No need to physically move assets, saving on the cost and risk of transportation. Costs: 1. Inflation: Over time, fiat money can lose value, diminishing holders’ wealth. 2. Distorted Economic Calculations: Without a stable store of value, it’s harder to make long-term economic plans. 3. Increased Government Power: Centralized control over money allows governments to influence the economy in ways that can sometimes lead to inefficiencies. 4. Potential for Conflict: Economic instability and government intervention can increase the likelihood of social and political conflict. Conclusion: Fiat money offers undeniable conveniences but comes with significant trade-offs. Understanding these can help us navigate the complexities of modern economies. Bitcoin fixes this. #Bitcoin image
Don’t Be the Last One Holding the Fiat Bag! In a world where central banks continuously print money, the value of fiat currency undergoes a slow-motion rug pull that often goes unnoticed. This debasement reveals itself gradually through rising prices, making it harder to notice in the short term. Over time, however, your money’s purchasing power diminishes. Don’t be the one left holding the bag when the effects finally become undeniable. Instead, consider diversifying into assets like Bitcoin, precious metals, or other stores of value that can hedge against this hidden inflation. #Bitcoin #BTC image