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Dark⚡J
jimmygt@nostrplebs.com
npub1nlxt...523q
Where my Dark Tetrad thoughts live.
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Dark⚡J 2 years ago
A simplified way to look at the complex concept of stores of value (i.e. money): Gold - every star in the universe can print units. Real estate - every active volcano can print units. Bonds - every government treasury can print units. Stocks - every company can print units. Fiat currencies - every central bank and regulated banks can print units. Cryptocurrencies - every person on earth can print units. Bitcoin - nobody and nothing can print units The key takeaways: - Bitcoin is unlike anything that has ever existed in recorded history. It is a discovery, not an invention. - Assets that are not Bitcoin will always continue to print new units, and even moreso if it becomes valuable to those in control to do so, which devalues all existing units. This means that everything else will trend to zero when valued against Bitcoin, forever. It is a black hole. - "Crypto" is not Bitcoin, and is potentially something even more insidious than fiat currencies. Beware.
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Dark⚡J 2 years ago
We've been psyop'ed into believing that capitalism is some sort of ideology or "economic system". It is, in fact, just what happens naturally when individual actors interact voluntarily for their own self interests in the absence of a centralized authority. Anything that deviates from this natural state is, in fact, an ideology or an economic system. We currently live in a highly controlled, regulated, and planned economy. The most fundamental property, which exists at the the very base layer of the economy, the cost of money, is centrally planned. This is known as the interest rate, and it's currently being determined by just a few people for the entire world. The money supply itself is also constantly being manipulated by the world's central banks. These manipulations are the reasons for the increasingly severe boom and bust cycles that we experience, and continuing global monetary crises. The primary function of these manipulations is to funnel wealth and enrich a select few, which is exactly how socialist economies end up. The difference is, they've managed to control us while we've thought we've been free. And all the while, the central planners would have us believe that it is capitalism that has failed, whatever that even means.
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Dark⚡J 2 years ago
Don't count on Social Security when you retire. And even if you do get it by some miracle, don't count on it being worth anything. image
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Dark⚡J 2 years ago
They lie right to your face about how much more expensive everything is getting, and why it's happening. They lied about Covid being a dangerous enough disease that we needed to shut down the entire world, in some cases for years. They lied about the jabs being the only way we were able to "get back to normal", and forced them on us based on this lie. Why would you continue to believe a single thing that comes from this crumbling, corrupt system?
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Dark⚡J 2 years ago
As a decentralized network, Bitcoin has no CEO or marketing department. All it has is a robust incentive system built into its protocol for its users to keep it alive and evangelize it, by paying them to do so with a fixed-supply appreciating bearer asset. What it's never had in its history is financial institutional interest, and this is where a large portion of humanity's wealth is currently parked. This is all about to change now with dozens of institutions filing for Bitcoin spot ETFs at the same time. This is game theory in action. Once these start getting approved, the floodgates of institutional money are going to open. This will allow people and organizations to transfer their wealth from other asset classes into Bitcoin with the push of a button. This is also happening at the same time that stocks and bonds are all tanking. While I personally do not believe that spot ETFs are a good way for individuals to get exposure to Bitcoin (because you will not personally hold your own Bitcoin and keys, which introduces counter-party risk), it's undeniable that this means that these institutions will now have a vested financial interest in making sure that their Bitcoin products are successful. These institutions have massive marketing departments, whose directions are all about to be pointed towards marketing Bitcoin to the masses.
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Dark⚡J 2 years ago
All major conflicts, or at least their escalations, are the result of monetary incentives. Another way to say this is "all wars are banker wars". They serve as distractions so that you don't see what they're doing with the money. This slight of hand and redirection of attention is exactly how magic works. The only way to permanently remove ourselves from this doom loop of death and destruction is to separate money from state.
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Dark⚡J 2 years ago
The same system that released covid is in charge of many of the centralized power centers in the world, including the underlying technological infrastructure (excluding Bitcoin). A massive global cyber attack would be super easy for them to deploy. They are probably holding this card now, and waiting for the perfect moment to unleash the "black swan".
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Dark⚡J 2 years ago
One of the main questions people have about Bitcoin is how its fixed 21 million unit supply is enforced. The answer is simple and elegant. It's enforced by the consensus of those in the network running the software. In order to participate, you must play by the rules, much like in chess. You can change the rules of chess easily any time you want, but you will have trouble finding people to play with you. When you change the agreed upon rules, you are creating a fork of the game that may be similar, but that most people will not want to play. The network effect created by all the people playing by a single set of rules is extremely powerful. What makes this even more powerful in the case of Bitcoin is that anyone wanting to increase the supply would dilute the value of everyone else's existing holdings. There is no way that most current holders would want that to happen, so they would never agree to it. Even if a majority did by some miracle or through coercion, it would create a forked version of Bitcoin that would be less valuable than the existing one. Everyone would be incentivized to switch back to the more valuable version. This, in fact, has already happened in Bitcoin's history. The combination of the already existing network effect, plus the incentives built into the protocol itself from the very beginning, effectively make it impossible to increase the supply. This is the first time in human history that absolute scarcity has ever been achieved. This is why Bitcoin is a once-in- a-species revolutionary technology.
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Dark⚡J 2 years ago
You are being forced to use a political currency that steals from you and the future of your family at an ever increasing rate. If you care about this, ask why this is being forced upon you. Then ask yourself what you can do about it.
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Dark⚡J 2 years ago
Everything wrong with the world can be summarized in a three word phrase: power begets corruption. And we've let the power centers amass waaaaaaay too much power.
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Dark⚡J 2 years ago
The concept of equity is a Trojan Horse which ushers in totalitarianism. It sounds good on paper, like equality, but it means something entirely different. Under equity, we must steal from, or authoritatively disenfranchise, one group of people to give the appearance of equality to another. But appearances aren't real, and equality of unequal things can never actually be achieved. None of this matters, though, because that's not equity's purpose anyways. Its actual purpose is to set up a permanent bureaucracy which unilaterally decides where equity needs to be applied, and the manner in which it is to be applied. This kind of power inevitably leads to massive curruption, which ends up having the opposite effect of its originally intended purpose.
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Dark⚡J 2 years ago
The Roaring 20s were a time of seemingly abundant wealth, propped up by ever increasing money printing. Then, all of a sudden, something happened and everyone was left with nothing. Their perceived wealth, which was driven by increased liquidity flows, but not by an actual increase in productive output, was not actually wealth. It was merely an illusion. Once all of the resources were spent, and the payments came due, reality set in. This all might sound familiar.
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Dark⚡J 2 years ago
Wall Street, New York, circa 2011 image
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Dark⚡J 2 years ago
What governments would have us believe image
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Dark⚡J 2 years ago
Inflation is the invoice for all that free shit ya'll asked for and all those wars you supported. I hope you enjoyed them.
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Dark⚡J 2 years ago
Novak Djokovic won Moderna's sponsored "Shot of the Day" in the US Open yesterday 🤣🤣🤣