BottleTeams

The first thing people do when they are *really* broke is walk away from their car note https://www.zerohedge.com/markets/subprime-auto-loan-delinquencies-top-1994-levels

The MSTR sheep have been slaughtered. As was foretold. nostr:note1qy48wdufuacv3gfxcqq4km5vyrakvluqpgqrcwwhch7c7hjg90ysrj5xx3

The biggest edge that #Bitcoin has over Tradfi is that Banks cannot do tech, Bulge bracket tech stacks are some of the worst technology that exists. Prop firms have taken all their trading revenue because they are so bad at tech.

Inflation will be the cattle prod used to force you into the slaughter house. 🐮

Why does Vegas give you poker chips instead of just letting you use government money? Why does a Bank give you a digital token instead of just letting you use government money?

Europe is obsessed with confiscating public funds in bank accounts in order to bail out their debt. This is what US stable coins are doing in disguise. Same thing just more steps.

Stable coins are digital poker chips. You get a chip that only works in their casino while they take your "real" money. Vegas figured this out forever ago. Stable coins are fiat ^2

Future BankCoin (JPM coin) is a public bailout but instead of the govt having to print money and give it to the banks it's just directly coming from the public. It's a bailout for the bank, the same way you bailed them out in 2008. The bank will gladly take your money and give you a "digital security" money representation. The bank will use your money to then bailout all the shitty debt they wrote.

USDC Tether Stable coins in general are a bailout for the US Treasury. You're buying government bonds in disguise. Don't be surprised when your bank forces you to own their own BankCoin. They will market as instant transferability "new thing" but in reality it allows them to sell you a digital "security" take the money and bail out govt paper and shitty debt they hold. You're the product.

Wall St exists because they facilitate inefficient capital allocation. It takes a lot of people to do that in a big economy. Clown show.

The crux of Bitcoin succeeding is if people begin accepting stable coins or USD tokens. Spot on-chain bitcoin will become impossible to purchase and the value of bitcoin will be controlled by ETFs Exactly the same thing that occurred with GC_F, SI_F contracts and GLD, SLV paper. To understand the bitcoin market you need to understand the metals market.

If the #bitcoin market was anything like the metals market BTC would be trading at $115k while the on screen prices would be at $100k The numbers on your screen do not reflect reality.

They are inflating faster to stop bitcoin. You don't understand this is a race to the bottom. If you're too poor to buy sats none of us make it out.

Can the plebs accumulate enough bitcoin to force hyper-bitcoinization before the oligarchs lock us all in the permanent matrix for eternity? You're not staking hard enough and you're not holding hard enough. The race is on, tick-tock.

All the goons don't get together just for fun. Something big is going on. https://www.zerohedge.com/markets/trump-strengthen-wall-street-ties-private-dinner-white-house-tonight

We're getting close to a complete loss of public confidence in the Tradfi system. In private Tradfi top brass and government finance are already running scared. It's getting serious.

$2000 stimmy contingent on you creating a digital identity. Seems like a strong possibility. Maybe they give you some JPM coin or something.