I’m sure there is a nuanced historic reason for these names, but I’d definitely pay a premium to be able to invite a “new friend” back to my house on “minge lane”!!!!
Dug
Dug@primal.net
npub1zrmu...e9wx
Being the man my dog thought I was (also GFY) he liked knots
Gm nostriches, happy Sunday freaks. #coffeechain polished off, #catstr keeping me company while watching about how the financial world will burn………
Heading out with the youngest for a day of rehearsals for her upcoming dance performance, maybe read through the politically correct version of “why so serious”, and will then play around on the garden attacking the ivy, fucking hate the ivy, strangling the life out of everything with a backbone of their own…….. metaphors everywhere.
You got this freaks, don’t take on leverage, prepare for a crash, but don’t rely on it, because that itself is a form of leverage…….. I think.
Burnham crowing about potentially rejoining the EU, students rioting across Frances, nation wide renters protests in Spain, both their yields screaming higher, no wonder Germany will do what ever it can to get the UK back it.
They need the assets and maybe some of the UK’s sanity to stop the whole sorry lot collapsing in on themselves. While my misinformed past self didn’t vote for Brexit, the reduced risk of being separate from them at the moment has to work in the UK’s favour. All we have to do it now get our house in order.
Super interesting show on how f’ed the uk is with @Peter McCormack , but find it fascinating when an economist will say “and they can just print the money, and then we’ll get hyperinflation” as if all money and transactions are done with physical notes……….
Hyperinflation is a complex process, even when Rudy Havenstein was perfecting his ability to maximise the output of his money printers, it took a lot of time and people changed their behaviours and worked around it.
The Peter McCormack Show • #216 - Ross Clark - Britain is Bust & The Coming Sovereign Debt Crisis • Listen on Fountain
The UK has accumulated £3.4 trillion in debt, and the interest payments alone now dwarf the national defence budget. Author and journalist Ross Cl...
Went to fill the car and it appears at least where I am, dieselmaggedon hasn’t hit, even if it is mighty steep!!!!
Gm nostriches, head clearing monthly 5k, found a sensible rhythm for the final mile and hoping to crack the 6 minute mile one day soon, hmmm, it feels possible at least. Back home, #coffeechain sorted, hug the youngest who had just woken up and taking a quiet moment.
The lucky newly retired work still mentioning the op-ed for “why so serious”, and suggested maybe I could publish it under the pen name of Dug (I think he met the beast in real life), hmmm funny you should mention that. The revised version has then begun to take shape, take the idea of what I wrote and turn both the seriousness of the writing and the message up to 11.
Massive thanks to @nat brunell with Paula, you may have just helped me connect the topic back to my academic side project and the first bitcoin piece I published. I reached out to marathon and their request for me not to include their name now makes sense!
Now? Coffeechain no.2
Natalie Brunell's Coin Stories • Paula Pendley: Major Victory for Bitcoin • Listen on Fountain
My guest this week is Paula Pendley, a partner at Nelson Mullins who defends data centers and Bitcoin miners in court, and she joins us as the figh...
Pizz dough, locked and loaded for dinner tonight.
Just saw a student with a bitcoin medallion, turned around and said “nice necklace” wondering whether I should have gone and given him a hug. But maybe not appropriate for a lecturer to be doing such things.
Gm nostriches, happy Friday to all those able to keep a level head, and even those who can’t but at least express themselves through memes!!!!
In a corner of the work I do, I’m fascinated about what inflation but also hyperinflation is, money printing is the cause we can see but sometimes it doesn’t cause the effect (are there sinks for that extra money to go?). News headlines like this point to another angle, before the money printing is needed. International supply issues, if the UK can’t get diesel, we’re cooked, for the diesel remaining 🚀, panic buying, further price rises, break down of supply of other goods, and hyperinflation or somewhere close is at our doors (serious cooking takes place for all measures of inflation), hmmm, what did the fed just do?!?!? This is wild.
Also interesting that this story on a British wrench attack is now surfacing, after taking place on the 13th of December….. preparing us for more? Custodying crypto for our safety? I wouldn’t put anything past them.
Anyway, teaching this morning, maybe grab a newly retired colleague who I shared “why so serious” with (
Thinks I should make it into an op ed….. now to learn what an “op-ed” actually is but also how I share it under a name other than Dug.
Primal
Live Free
If out of nowhere, the dollar hyperinflated against Bitcoin terms, we’d move from $84k to $126k. 😳
It hadn’t happened for a while, but putting such a move into the context of where we are, kinda worth a moment’s consideration.
Then let’s be a bulltard, a 50% month at this point in the cycle is super unlikely, but a 20% monthly more would take us right back to $100k. Interesting times ahead.
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Heading out, riding my bike, no motor this week, just a bit of hero dirt under the tyres, and a sneaky pastry from Lidl to fuel me at the mid way point!!!!
Cheers Andy, thanks for yesterday’s news. Did you also hear that Bitcoin will make central banking and central bankers obsolete? Yeah, any plans for a career move, because I’m not sure you legacy from this role will look kindly on you!
Need to find some better photos of the latest useless British PM, at least some of the stuff he says is super funny.
So, did I hear Spain and France would be happy to welcome the UK back? Unsurprising when their finances, even with a community wide currency fueled with Germany’s exports, even if they are falling, are having their bond markets well and truly tested. 1.32% increase, ytd, holy crap. If you think the uk is a clown show, they would fit right in to the Euro Circus. 🎪 so Uk, how would you describe your current financial position?
Gm nostriches, happy Thursday. After meeting up with a friend who will be enjoying his first day of retirement today, and some fiat mine requests that had to be pushed back on ( the idea of moving on from the educational clown show is very appealing.
I’m not sure I’m ready for a break from routine, but love the idea of just looking around for new work based experiences to get involved with (even being the white, English speaking deliveroo rider). Yeah, I may not be seeding the Bitcoin revolution, would need to work on the fam to up sticks and travel the world (damn you @Daniel Prince ) but it is all so appealing.
Saying that, some of the writing/reading/research I was doing yesterday was pretty interesting (likely to be the next job), but putting all that shit aside, it’s just exploded in my head, “did you get a retirement present?” “Yes, I bought myself a dog.” Sounds fucking awesome. 🐶
Happy Thursday freaks, #coffeechain after a pretty good sleep, #bikestr to be ridden, porridge ready for the eldest and youngest still stoked to be riding her new bike to school.
Primal
Live Free
Just casually hanging out at 5.415% on the 10y gilt at which point I think about my union member colleague, who spoke about my father and brother as “the other” Brexit voting type, doing his mortgage in, and how this particular colleague didn’t mind paying taxes, as he’s just upsized to a bigger house and while I can’t be sure, I’m confident he voted Labour.
I take a moment and wonder how long his fixed rate mortgage has to run, because when it’s time to renew, holy crap, as @Simon Dixon might say, “that ain’t no asset buddy, that loan is a liability around your neck and that big old house ain’t getting any younger so is it really ever going to go up in value. In the game of money, you are getting played like a fiddle”. Simon never said that, but like I was able to put in a #gameofmoney hat tip!!!!
Gm nostriches,
Hmmm, so I can now move to Portugal without having to save €500k to get myself a high net worth visa?
Ngl, the world will be burning by this point, but least the winters will be mild and the wine and fish fairly priced!!!!
