Imagine if inflation was more noticeable for normies. Like if some dude took 4 hours of daylight away from you everyday.

Humans have good hands and good brains. Other animals are far superior in everything else yet we are now starting to use our brains to watch screens and use our thumbs to type on a phone instead of building things.

Genius act. Now when we use JP Morgan coin with KYC and have it frozen cause any speech that goes against the government is officially classified as terrorism, we all get to be called geniuses and patriots as we enjoy our privacy since we have so much bank secrecy.

It's almost like I've heard something about currency resets in the middle of a war at the end of long term debt cycles before. Hmmm

E tu ai

The shitcoins are now buying bitcoin. 😂 . Full capitulation. I think death and gravity are the only things that win as thoroughly as bitcoin wins

Would you have held your gold in 1933?

How much better is society if it has a reliable tool to measure value? How much better is an electrical grid if you have a tool to measure electricity ? Saying a lot better doesn’t properly communicate it. What if it’s a thing you have to do regardless. We could measure value as small tribes through first person observation of human action. It’s the global layered economy that lacks a reliable unit of measure. But we did it anyway. This is not like simply never building an electric grid until we had a tool / unit to measure it. This is like building and using and living with an electric grid that’s never been measured. Possibly worse.

There is this ongoing conversation about if bitcoin is decoupling from the Nasdaq or not. Which is about the idea that bitcoin is trading as a risk on or risk off asset. It's obviously still considered a risk on asset by the traders at the margin. These periods where it trades inverse to risk assets is not because that has changed but rather because the focus of the market is on neutrality not risk at the moment.

Ai says the average American tax payer spends 17kbon taxes and gets 4k in “value” if you count things like forever war a value.

Why don’t most folks price net worth in oil or gold instead of USD?

If productive resources are utilized by effective capital allocators we can recover from hyperinflation very quickly.

Does bitcoin as money provide stronger incentives for better capital allocation or better capital formation?