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Dug
Dug@primal.net
npub1zrmu...e9wx
Being the man my dog thought I was (also GFY) he liked knots
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DugandRupe 5 months ago
Uk government right now; Home Secretary: doesn’t realise immigrants coming from France aren’t coming from war torn regions. 🤦‍♂️ Minister for housing and deputy prime minister: took the advice that said to pay less tax (take one chronograph or three) 🤦‍♂️ Prime minister: let’s ban kids from having energy drinks. 🤷‍♂️ Chancellor: oh bless (she’s a bit of her depth), let’s just give her a break until the budget in October. 🫣 Pretty much everyone else: Oxford PPE degree (or variant), no experience, and unable to make the right choice because it will mean they lose their seats and they have insufficient abilities to ever be able to earn that type of salary themselves. 🤦‍♂️ Remove your efforts out of the system, the number of 0.1-1 btc wallet balances is not increasing. Everyone in middle England can afford at least 10k to save their future. This is your mission should you choose to accept it, the country that we called home needs us. image
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DugandRupe 5 months ago
Ga nostriches, quality, no holds barred, vitriolic rant from nearly two good knee @npub1w4ds...3vhw @joey on immigration. Reminded me of a note….. that I thought better of posting ……. Ah, good job this isn’t Twitter. Got back into the questionable book picked up from a charity shop (Rev Malthus 😬), discussing emigration, and gave such a powerful historic view point of what it was like (100’s of years ago) and the amount of failed ventures before they were truly successful, overseas settlements, particularly the US, things were rough. People with skills didn’t always need to leave their homelands, people who were looking for opportunities were ill prepared, too many people moved and then there were insufficient farms to sustain them (they died or came home). Looking at all the dude on e-bikes delivering food, littering the city centre, wondering “what skills have they brought with them and how will they add to a sustainable (economically and socially) city/country/society?” Were they simply escaping their homelands hoping for hand outs and not being able to make it in their home land (maybe leaving family behind?). Or indeed, were they persecuted because, oh I don’t know, because they were a little weird in the head (let your imagination go with that one???? Of course they wouldn’t want to be returned once they get caught, then the Echr says “that would be mean to send them back”, sorry boys when when you break the human rights of someone else, you should be on your own. Imagine if that was the mentality of the prospectors heading to the new worlds, one winter and they would be wiped out (no one is handing them anything). If they are economic migrants, they need to bring cash, bring skills and add something positive, asylum seekers should be such a tiny fraction, these are maybe politically persecuted, but can demonstrate they are ultimately better suited to Uk life.
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DugandRupe 5 months ago
Ditched strike because they kept asking where my money came from and now CoinCorner are asking for hand written declarations that I know what I’m doing along with multiple degrading requests for information, bank statements, sources of funds…….. want to include “I’m a prisoner, help” at the end of the note. I know it’s not the exchange’s fault, so I shouldn’t be annoyed by them, but this morning, one transfer worked fine, the next blocked!!!! If this level of friction is anything like what businesses have to deal with (and I think it’s worse), ballooning debt, stagnant growth, social unrest, these are the result of bad decisions, hampered by regulation. @npub18l8w...nrk6 is right, those politicians are gangsters in suits, creaming off the profits while they sit there with their PPE degrees, voting for everything that keeps them in place. Great show @Peter McCormack In other news, donation #94!!!
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DugandRupe 5 months ago
Gm nostriches, sky news giving a bleak picture, gilts yields screaming higher, but the UK is not along, just starting from a higher spot, gbp nose diving, national debt looking like it’s going to the moon, with a little sprinkling (but no actual insight from the news monkey) of reference to the impact of productivity………. Without that, there will be so much inflation and debt, and the pound will tumble to zero. Health costs massive, so simple thought, rather than wait for the pay rise from government, why don’t the doctors look for jobs in the private sector, better pay, less of a state burden……. Moscow time looking good, #catstr appears unbothered.
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DugandRupe 5 months ago
I almost feel “gilty” about laughing at this chart, closing in on a full 5 percentage points higher than the 2022 gilt crisis. If I was a bond trader, I’d say this was a strong short. Borrowing out of control, growth stagnant, more taxing incoming, and social unrest, can you take me higher? You thought kamikaze was bad, this will be next level. Dump your bonds, dump your GBP, gold is ripping, 1 btc = 1 btc, and the printer is going to go while sending this graph out of control. image
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DugandRupe 5 months ago
If in doubt….. Saying that, isn’t next year going to be a red? #blockclock
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DugandRupe 5 months ago
Gm nostriches, fiat Tuesday, up early back to the morning #coffeechain favourite cup (damn, already finished). YouTube feed feeling like when I head to the bird app, educational, but grim, “what will civil war look like?” 😳. Back to my wallet posts, for every normie you speak to and is worried about such stuff (yeah, the Normies that get call “right wing” 🤣). If the previous arguments didn’t work, maybe time to try something new, Saif went from an economics perspective, this is from a GTFO perspective. “Nah mate, when shit really gets real, you don’t give a fuck about NGU, all you care about is your loved ones and being able to take the value of your time with you. Banks are gonna close, you share portfolio will be stuck, bitcoin is always open”.
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DugandRupe 5 months ago
Mini upgrade on the beast, not as orange as I’d have liked, but moving in the right direction!!!! image
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DugandRupe 5 months ago
“1997 is as catastrophic a year as 1066 for the English” Douglas Carswell on David Starkey. That was the last time the Labour Party came into power in the uk was all the internationals out there and 1066 is when England got invaded by the Normans.
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DugandRupe 5 months ago
Gm Nostriches, final morning of the kid’s summer holiday and to be honest, I’m ready to get back to the grind, hoping to finish off a paper, get into another and then, ah well, let’s be honest, tell work I’m pretty much done, and when I say grind, I really mean more biking!!!! #coffeechain and David Starkey on the state on the UK it always a way to cut through the full shit. Went over to the bird app, and holy crap, shit is real over there, if words were ever going to turn into action, it’s time to take control of your assets and be ready to up sticks, feels like Elon is pushing for the destruction of British civility!!!!! image
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DugandRupe 5 months ago
Massive fan of the promotion, support and development of craft skills, loved the @Bugle.News #40HPW🎧 reference to craftsmen not starting bitcoin podcasts and then @M A D E X with the placement of craft and excellence on the pedestal it deserves. My citadel needs bitcoin trades people. Why do people look up to the guy from college who went “into the city”? he’s doing shit work that an algorithm could likely outperform. The thought of the guy who loved and was good at woodwork going to train in accountancy because it paid better makes me weep inside. In other news, I’ve never received a parcel with better packaging than what I received from Madex!!!! He does have good taste, even if this type of packaging may be a thing of the past. image
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DugandRupe 5 months ago
Came across a screenshot from bitinfocharts.com from two years ago, which was pretty interesting, when the price was sitting around $30k and things had been moving nicely from the lows of November 2022. Now effectively two and a half years into the bull market, or what wall street is allowing us to have and there have been some interesting changes in balances, fully acknowledge that people can have multiple wallets, and some are likely exchanges, but as a data point I still think valid. While retail may not be here, yet, the amount of "dust wallets" has nearly doubled with all wallet balances up to a full coin increasing (but larger balances only marginally). This suggests that retail is already here, they've done their first allocations (or bought some just to keep YOU quiet), but are yet to go all in, or change how they view bitcoin in their "portfolios", "please buddy, it's savings, treat it as such". Probably most interesting is the 1-100 balances that have fallen the most, are these people realising gainz? buying something fun (i love my bike, but that was put on a credit card), buying a house, spending their coins, if so, GREAT to see. Then 100-10000 balances are both up, which I can then put down to the bitcoin treasury plays that could easily absorb these 3346 additional wallets and then finally, the number of non megawhales is down 22 (10000-100000). This could be OG's (like the 80k sale into Galaxy) taking profits into strength, with plenty left over, either than or evil geniuses need to renovate their lairs! Any more in depth insight, please drop me a comment (whoa, I feel like a proper influencer). Peace freaks. Putting that current 919 sat/$ into perspective, two years ago we were over 3.3k!!!
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DugandRupe 5 months ago
Taking a photo of the Bank of England and something came up as I searched for info on the door. So many questions, secretively, Gordon Brown had a plan that he’d been working on for years to “Grant” the bank independence from the treasury. This was posed to the governor of the BoE 6 DAYs after the 1996 election win. This is emergency act kind of speed and strangely conducted on a bank holiday (echos hitting of 1914). But what was the reason? Give the government credibility? Or devoid the government of responsibility for inflation, when their increasing debt load was the critical driver, but “look, inflation isn’t too high so nothing to do with me” (ah yes, tech and world trade really helped them out), as rates fell, debt increased, how did the first decade of independence end, oh yeah, global financial crisis!!!! So what was Gordon’s goal in this, give himself the keys to the treasury money printer, without taking responsibility for the outcome? Pad his own nest, buy up votes (by introducing and then increasing the minimum wage), while all the time crushing the entire nation in public debt and service improvements built upon free money. Time to do some exploration, maybe the book revision will have a new little topic to explore, either way, maybe look for a YouTube video on this. image
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DugandRupe 5 months ago
Gm nostriches, back after a visit to remind myself, I’m very happy I didn’t take the banker’s route to wealth and glory, but saying that, relatively early morning, blue sky London is quite a sight. Couldn’t help getting a picture from within the city of London, of a bank looking exactly like Gringotts (just missing a dragon)!! Before a crazy door on a side street and then the centre of it all, The Bank of England. Couldn’t help thinking about the bonds they’re currently dumping QE era gilts onto the market. The question is why? Yes they’re independent, but selling bonds now will push yields high, when they are already at a 27 year high, add in not the small matter of by selling them now, they are realising a MASSIVE lost, hundreds of billions. This is the black hole people need to be worried about, yes it’s within policy, but why do it, unless they want to clear their balance sheet before the next emergency………. It is not the people with flags or the individuals with views that make you feel uncomfortable you need to worry about. It is those in suits, controlling the ledger, with incentives that we don’t know and consequences we’ll be paying for, with the government that will put their hands up saying “they’re independent”, “we can’t do anything” Either that or they’re bitcoiners and realise this is the quickest way to get to being on a bitcoin standard. We’re still over $100k, but I can see it dipping like fuck, but again, it could also be the bankers, hedge funds and puppet masters behind the scenes, bringing the train back into the station. Don’t over leverage, defund the banks, get some sun.
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DugandRupe 5 months ago
Give a monkey with a type writer enough time and he will type something that makes sense, appears John Maynard Keynes could be put into the same bucket. image