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bitcarnicoin
bitcarnicoin@iris.to
npub1jalx...9g9c
Beef & Bitcoin
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bitcarnicoin 5 months ago
That big short guy is fucking retarded. He keeps shorting stocks in a rapidly debasing currency. Dog shit on the street will go up in usd terms. Just proves the point that people cannot change their point of reference and still somehow see fiat money has fixed.
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bitcarnicoin 5 months ago
Before bitcoin if I was choosing a place to live I'd look at the weather. Now I'm researching childhood vaccine schedules and debt/gdp. It's fucking tiring being based.
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bitcarnicoin 5 months ago
Saved 10 bucks fixing instead of replacing a door handle today so at least there's that.
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bitcarnicoin 5 months ago
The world has had a solution to fiat money for 17 years and it is valued no higher than a mediocre tech stock.
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bitcarnicoin 5 months ago
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.
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bitcarnicoin 5 months ago
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.
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bitcarnicoin 5 months ago
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.
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bitcarnicoin 5 months ago
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.
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bitcarnicoin 5 months ago
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.
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bitcarnicoin 5 months ago
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.
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bitcarnicoin 5 months ago
If you're a nostr lurker get out there and post some shit today, your anons need you.
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bitcarnicoin 5 months ago
You know when every true bitcoiner says don't take leverage or borrow against your bitcoin? This is why.
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bitcarnicoin 5 months ago
I hope everyone bought bitcoin today because a tech stock sold more AI chips than expected. It's all so retarded.
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bitcarnicoin 5 months ago
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.
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bitcarnicoin 5 months ago
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.