With sound money, productivity gains are shared by everyone in the form of higher purchasing power. This increase in purchasing power drives "animal spirits" -- ie, hope, increased confidence, investment, spending. Governmental intervention does the exact opposite. Keynes was wrong.

Tim May passed on this day, back in 2018. Rest in peace. 🙏🙏🙏

Bitcoiners are truth seekers.

Andreas Antonopoulos, Bitcoin OG / author of '"Mastering Bitcoin" dropping pure 🔥 -- as always, with so much logic and truth.

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TFTC (@TFTC21) on X

Andreas M. Antonopoulos shares his take on the #Bitcoin spam discussion and the Knots fork from @LukeDashjr.

@TFTC

I think we are going to look back and realize "private credit" investors are the suckers at the table, sitting on huge risk, having done really stupid deals, utilizing way too much leverage, and will lose everything. "If the music were to stop, as you put it, then this model wouldn't even be close to that scenario. It would be considerably worse". - Peter Sullivan, "Margin Call"

China is trying to fortify the Yuan as a global currency, buying a lot of gold. The US is trying to extend USD dominance, and create demand for US Treasuries by wrapping them up as stablecoins. Assuming sound money beats fiat in a world which is increasingly indebted where trust fails, a gold strategy wins. The US counters with a bitcoin, digital gold, strategic reserve. The fact the US achieves this reserve will reflect the success of China' gold strategy.

Satoshi is the embodiment of unconditional love, like that from God or a parent. He gifted the world freedom, asking for and taking nothing in return. It is no understatement to say that he is nothing short of a messiah, a savior delivering peace and prosperity. Words cannot describe the gratitude. All we can do is try our best to pay it forward.