what's amazing right now is that the cost of money is increasing at the same time that the cost of violence is decreasing at a point in the not too distant future those decreasing and increasing events will cross, and at that point the cost of violence will be so cheap that everyone will be forced to get along and cooperate, and that cooperation will be facilitated by the free money . small countries will not be exploited by large countries because the small countries can fight back with as much fire power as the large country.

when money is free good ideas are scarce 

in the world of hyper bitcoinization there will be no government subsidies  

gold is a giant circle jerk. the gold miners don't keep any gold, the gold dealers don't keep any gold, the people who own gold sell it for dollars. the people who buy large quantities use it to offset their dollar liabilities. View quoted note →

in the past, 1800-1950s, every printed word carried a cost to print and then produce in large quantities. the writings then were of high quality because every word counted.

i asked my gold dealer what happens with the gold he buys. he immediately sends it off to a large multi state buyer where it is melted and sent overseas. he only keeps very rare rolexes and coins.

i went back to my local gold dealer. there were a lot of people in the store. zero buyers. everyone was selling old jewelry and random coins. View quoted note →

@nevent1qqsxcp3zvskz4v6708e3afrhjtpwgjc2tywyf2qysyurhyhntrd2vuszypw3mq778mj7mhs4wpca2zg6d5p74kxvu82xh3v949jz40wsmdd2qqcyqqqqqqgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyg8wumn8ghj7mn0wd68ytnhd9hx25gcfnh the price action for gold silver and bitcoin is taking place on asia time View quoted note →

if you were the CCP and you were in the process of developing an international gold exchange and encouraging trade partners to settle in gold, one of your priorities would be to make gold look amazing and make competitors like bitcoin look terrible. right now the price action is taking place outside of wall street hours. we were in a wall street run market with the etfs for the last few months. it seems like gold and bitcoin are in an asia run market again.

$8.50 per watt cited in the Morgan Stanley report means most on grid publically traded miners should simply sell themselves to big-AI since they have never been good stewards of shareholders' value. let's return bitcoin mining to the energy cockroaches

don't eat soy  View quoted note →

seems strange but perhaps immigrants were driving demand for houses in the US

energy generating assets are greatly outperforming bitcoin this cycle if those assets can be used to power reliable data centers. it is only time before people begin to sweep their profits from building those energy assets into energy backed money we are on track to Kardashev type 1 civilization

the same group lending to $bitf is coordinating data center buyouts. i predict $bitf will be selling or acquired by this consortium from nvidia and blackrock

BlackRock, Nvidia, xAI, Microsoft Form Investment Consortium In $40 Billion Data Center Takeover  | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

just wait until botnets adapt using agenetic LLMs

it is possible that elon is starting to get it

One day I hope to be able to buy a phone as user friendly as iOS or Android and just sign in with my nsec and pull down all my apps with @Zapstore and log into my messengers as well seamlessly

modern tech and manufacturing

when it comes to trade, china holds all the cards when it comes to financial rails, the US holds the cards. The problem is that you can only use the financial rails card once but the trade cards can be used over and over again. View quoted note →