if you thought it was hard to find raw milk wait till you try to find colostrum not sure that you can figure out lactoferrin content of whey protein. View quoted note →

the bitcoin price knows a recession is coming. it is the ultimate prediction market. low price = bad economy with no ability to save high price = lots of money left over to save

bitcoin makes the shanghai gold exchange as irrelevant as the US dollar.

new show recommendation: "the chair company" part humor part mystery thriller

gold is the ultimate appeal to authority. gold is anti-american

what ever happened to getting your seed word from a hat full of BIP39 words?

if you buy gold, you are helping central banks that work for the largest authoritarian government in the history of the word and the most militaristic government in the history of the world.

🤔🤔 View quoted note →

⁤⁣ movie "the long walk" is an allegory of fiat modernity

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.