The internet is rife with opinions on the future. In an uncertain world we're desperate for clarity but they mislead more than inform. Commentary on the present and the past develop your general understanding and can at least prepare you better for what the future may bring.

Texas, Abu Dhabi, funds and endowments all announcing buys. Government deficits, taxes and overreach rising. Apps and infrastructure improving. Aaaaand we're at 87K. You might say, everything is bullish except for price.

The higher rate 40% tax threshold is £50K only twice that of the minimum wage at £25K. Compressing the population into the same pod life.

Quick check in on the UK. All your bills and taxes are going up adjusted for inflation but your income tax bands are frozen for decade. If you tweet to complain about it you'll be arrested and sent to prison by a judge because they're scrapping the right to trial by jury which has been in place for 850 years.

Weekend pumps. notlikethis.gif

If UK wages had kept up with house prices since the 1950s, the average salary would be £350,000 / year. If they had kept up with gold, £130,000. Some of us are trying to claw back this theft with magic internet money so yes price does matter.

As someone evidently autistic who spends all day in their own head, God sent me a highly volatile and unpredictable asset as the tool to save myself.

If you're a nostr lurker get out there and post some shit today, your anons need you.

You know when every true bitcoiner says don't take leverage or borrow against your bitcoin? This is why.

Car gets sold if we reach 60K

I hope everyone bought bitcoin today because a tech stock sold more AI chips than expected. It's all so retarded.

The fiat world is tiring. If you manage to generate income, the government takes half of it in tax then the rest in inflation. You have to try and pay all your rising bills and housing costs with the rest. If there's anything left, you have to invest it and cope with the volatility in the best case and lose it all in the worst case. All the while avoiding toxic food, water, mandatory vaccines, immigration and technology putting you out of work and roads with holes in. Personal relationships are always under strain for one fiat reason or another. If you're lucky enough to get married and have children amplifiy everything x10. I'm not good at being kind to myself but this shit is hard and sometimes a nap is justified gfy.

Until CBs actually lose control and bring the big print we'll keep getting these "sell it all" deflationary crunches. The number of committed idealists is much lower than we'd hope and people keep buying treasuries and paying taxes. Fiat grinds on until it doesn't.

We're going to bounce now the gap is filled? Right? View quoted note →

Promised my nephew a gaming pc at 250K. Then 200K. Then for Christmas back in summer expecting at least 150K. Bought it today at 95K. Rip sats.

If you sold recently you probably sold to Harvard, Blackrock, JP Morgan, Abu Dhabi & Luxembourg sovereign wealth funds. Good job kids.

X (formerly Twitter)

MacroScope (@MacroScope17) on X

Topics: institutional trading, asset management and monetary policy. Tweets are opinions only and are not intended as advice.

At least gold is dumping too. I'm fine with dumping so long as the boomers are.

$91970. Magnet like retarded trading flies to shit. Is what it is. View quoted note →

I've just earned a few hundred fiat fuckery tokens for pain in the ass website work and had to pay the same amount in local business taxes for a home office. This will be my last business tax, I've already closed it and moved it to Dubai. Personal taxes are minimised and going to zero. View quoted note →