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joeleao073
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Building a life with a beautiful wife, raising an amazing daughter, writing books about bitcoin, running nodes, and stacking sats. Don't trust, verify. Read The Phoenix Protocol here 👇 https://drive.google.com/file/d/1LXiTgunO9oIkVgt6UIl7KcHpNfIs3yDI/view?usp=drivesdk
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joeleao073 2 weeks ago
If AI + robotics automate most of the economy, production, logistics, services, even decision-making through autonomous agent frameworks, human labor becomes structurally irrelevant. Once labor no longer determines income, the wage → purchasing power → access loop collapses. To prevent mass unemployment and demand breakdown, governments and central powers would step in. UBI. Direct resource distribution. State-managed provisioning. But distribution wouldn’t remain neutral. Through programmable digital money aka CBDCs. Spending could be restricted, capped, expired, or conditioned. Add carbon credit systems, mobility quotas, consumption thresholds. Energy usage limited. Travel capped. Purchases filtered. Access tied to compliance or social scoring. Allocation shifts from price signals to administrative rules. It would be automation-driven post-scarcity collectivism, where production is abundant, but access is programmable. The real risk isn’t poverty. It’s an economy where "freedom" depends on permissions. image
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joeleao073 1 month ago
Money is time. Money is breath. You print it from nothing, you finance death.
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joeleao073 1 month ago
People will think, “Sure, but my (insert any fiat currency) is safe.” To which I say: maybe, for now. But any fiat currency may be, and historically has been, subject to similar mechanisms of monetary debasement as the Iranian rial. Something to think about. View quoted note →
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joeleao073 1 month ago
All rich people do this, its called buy, borro & die. Borrow agaisnt your assets and let your heirs inherit the assets. Thats also just one part why "tax the rich" just doesnt not work 🤷‍♂️ View quoted note →
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joeleao073 1 month ago
Isn’t it curious how timing works? In 2019, the repo market seized up almost overnight, threatening to pull the entire financial system down with it. Then, just months later, an exceptionally rare event, its origins conveniently opaque, emerged. Along with it came a financial intervention of unprecedented scale, suddenly not only justified, but portrayed as prudent… even virtuous, given the extraordinary circumstances.
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joeleao073 2 months ago
So it’s that time of the year again, what are your New Year’s resolutions?
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joeleao073 2 months ago
Parenthood is living exhausted but showing up anyway. I’d choose it over anything else, every time.