We are already living in a financial dystopia, it's just not evenly distributed yet.

It's time to check all the assumptions.

With AI allegedly changing everything, I'm asking myself: What won't change?

Most people are selling something. What happens if you stop selling and start just being?

If there is a world ending WW3 it doesn't matter what you are invested in. Probably a good idea to have some cans and bullets. If there is no WW3 there will be a tsunami of liquidity and there are only two investable assets for that scenario.

1 billion Euro is not that much. Soon we'll all be Euro millionaires. Few.

Some thoughts on the Strategic Bitcoin Reserve (SBR): - Trump doesn't seem to give a fuck, but promises have been kept. - Separating the SBR from the shitcoin pile solidifies Bitcoin as an asset class of its own, which now seems fully recognized by the U.S. and is not going away anytime soon. - Market expectations for a SBR seem to have been even higher in the short term, which caused the sell off right after the announcement. - The U.S. seems to be trying to get their debt problem under control (e.g., with DOGE), while the EU seems to be keen to finance increased defense spending with more debt (with Germany leading the way). - In such an inflationary environment there are two assets that offer protection: Bitcoin and gold. - The U.S. seems to be playing both angles as a contingency: Massive import of gold from London and the creation of the SBR. - The EU is doing neither and is politically separating from the U.S., in a bad economic and debt situation. Unfortunately war is a common "solution" to such a situation. Mid- to long-term outlook: - Very bullish for Bitcoin. - Bullish for gold. - WW3 risk higher.

Sadly it feels to me like the train towards WW3 has left the station. While some are trying to step off (the U.S.), others are speeding up the train (most of the EU). War is never without an alternative. We don't have to do this. Pull the brakes.

"Ultimately, the enemy is not a Russian or an American or any other person. The enemy lies in an ideology, a way of thinking, in a certain metaphysical force or spirit. The real problem, the actual enemy, is situated in a worldview that reduces the entire world and existence to a material phenomenon, in which human beings are no more than biological machines, biochemical processes devoid of Spirit or Soul. In such a context, biological survival and the pursuit of absolute dominance without any ethical or moral limits easily become the ultimate goal." From this interesting read:

The historical background of the war in Ukraine.

Dear friends, it's 8 AM and I’m sitting in my car, parked in a small lot on a beautiful castle estate in Zutphen, a Dutch village near the German...

"Totalitarianism has not disappeared, but it will not reemerge from Russia, the United States, or any other nation. Instead, it is returning via globalist institutions. These institutions exhibit the foundational traits of totalitarianism: a fanatical utopian-ideological drive to create a new technocratic and rationalist society." From this interesting read:

The courage for Truth in Putin's Russia.

A few weeks ago, I published an article about NATO's role in the war in Ukraine.

Life hack: If somebody insults you on social media, just imagine you are talking to a bot. Which is not unlikely.

"I used to say, the one thing that could ruin my monetary debasement thesis was a responsible federal government." - Lawrence Lepard 🤣

If you cannot call a dick a dick, you don't have free speech.

"Legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on. All these plans as a whole—with their common aim of legal plunder—constitute socialism." - Frédéric Bastiat, The Law, 1850

Every bull market is getting more and more ridiculous with less and less technical substance. From ICOs to NFTs to meme coins. What will be the hype of the next bull market?

Never underestimate the ability of the U.S. to do a comeback. Also never underestimate the ability of Germany to fuck it all up.

Defund the government.

I smell a tipping point in the air.

Just when you thought you have seen it all you come to the Interspar at Vienna Main Station on a Sunday and you'll find a supermarket divided into two separate supermarkets, with separate entries and cashiers, for no apparent reason. I ended up having to buy peanuts in one shop and water in the other one. Looks like the reason is that shops in train stations are only allowed to open on a Sunday if they are not larger than 80 m^2. It feels great to be back in the EU 🤡

No board member ever got fired for putting Bitcoin on the balance sheet.