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McCoy
McCoy@primal.net
npub18y33...x5t7
Bitcoin NOSTR block 768722
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McCoy 5 months ago
Somedays I check the bitcoin price too often, 3-4 times.....waiting for the omega candle. I stare at the price chart and feel anger... Most days I'm cool with steady humble stacking, but sometimes I just want the whole fiat system to collapse in a violent rush: a sudden wealth transfer to a better, more moral system for humans. Let it blow up. Let the over-financialized BS economy suffer and let it payback all that it took from the truly productive humans is a sudden, *no-one-could-have-predicted-it* economic collapse. Sometimes I feel that the pain/suffering would be worth it. Just rip the bandaid off already... I imagine bitcoin and bitcoiners rising from the ashes to lead the world to a better path. History will likely look back at 2010-2030s (?) as a *sudden* shift to sound money, but living through it sometimes feels painfully slow.
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McCoy 5 months ago
How do I get some of those German + UK UTXOs?
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McCoy 5 months ago
US Bond Auction Rules/Regs. My mid-wit understanding: ✅ the aution system essentially allows the demand (bids) to influence the rates (way more so than J Powell) ✅ the open market for old (=previously issued) bonds will call BS by repricing the debt; JPowell/Trump/Bessent cant do anything about this ✅ next and final move will be to step in and just buy debt (we issue, we buy = yield curve control) at bid levels that keep rates within ranges that dont blow shit up
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McCoy 6 months ago
They are goin to print to support *AI industry* IMHO in the short to medium term (2-5 yrs) AI will not increase productivity nearly as much as promised It will be pitched as an *existential arms race* "....we have no choice"
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McCoy 6 months ago
Day one of much needed vacation @ beach shack: ✅ deck work ✅ set-up of zap.stream on TV ✅ run, swim ✅ ready for @RABBIT HOLE RECAP on big screen at 1900 UTC LFG
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McCoy 6 months ago
Companies and citizens need cash to guard against future uncertanities, but not sure governments do. When the *crises* arrive they should have to *agrue their case* to the people for a loan and set an interest rate. If they get a NO, then improve the arguement or raise the rate