Replies (83)

Drea's avatar
Drea 5 months ago
Innumeracy and lack of proportional reasoning causing a complacent society. 🫠
If you are looking at purchasing power and the real effects of debasement, it’s horribly worse and easily a depression. Despite whatever nominal fiat metrics say
Yes I try to explain this to everyone. Dow, s&p, Nasdaq are all down 60/70% from 2000 ATHs. Everything is going to zero against bitcoin. Every time bitcoin does a 10x everything else loses 90% against Bitcoin. From 2020 to 2025 the, fiat, the stock market, RE, gold etc lost around 80/90% against Bitcoin. And this is going to keep happening .
This is why the “everything bubble” is so retarded. There’s no everything bubble, the bubble is in the denominator!!! Is the dollar being inflated. That why Bitcoin has to be our measure of account.
Essentially, a depression is a stock market crash that doesn't really lead to any positive results. Depressions are essentially long-term recessions that last for a long time (think the Great Depression). Recessions are essentially market corrections that have a positive result after a small amount of time.
I think Depression 2.0 will be of the ‘gradually then suddenly’ type and the deep state lizards will squeeze Nocoiners until it their mental conditioning is overcome.
HoneyBadger's avatar
HoneyBadger 5 months ago
Incredible🍯🦡 the world will change drastically when Bitcoin becomes the standard🚀
Wasssaaaa's avatar
Wasssaaaa 5 months ago
Wow this is an amazing video and observation. Great job man
When @jack mallers said “you’re going to miss this in broad daylight” immediately 2 Samuel 12:12 came to mind: “You did it in secret, but I with do this thing in broad daylight before all Israel.” I’m not saying “thus says the Lord” or anything -just sharing what immediately popped in my head when I heard that. I thought it was interesting. View quoted note →
Caleb Gregory's avatar
Caleb Gregory 5 months ago
Jack if I could just get normies to understand this… gradually then suddenly though!
No chart can capture the truth better than everyday reality. . Sometimes, the worst kind of crisis isn’t the one we fear — it’s the one we don’t even realize we’re living through. . #Bitcoin #Nostr #Siamstr #Economics View quoted note →
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Mind blown 🤯! I knew there was something about bitcoin that attracted me. Couldn’t quite put my finger on it. Now I can. It’s the reference point of money/value.
This is exactly it, great post. There's only one economy truly "working" for the average pleb since 2001. The economy of hard assets. Real estate, gold, Bitcoin, etc. All the rest only works for elites, State connected individuals or lucky individuals. The economy has to work for the masses, otherwise it's not a free market, it's just feudalism. Which as we all know could be a great way to define what's going on in the world. State feudalism, where State connected individuals unproportionally benefit from large amounts of fiat money printing.
1- amazing as usual Jack 👏🏻👏🏻 gotta constantly remind to stop using dollar price as reference, cannot use a mesauring stick that changes all the time! 2- question: since gold is also measured in fiat, and gold price has been highly suppresed in last decades through derivative, isn’t the depressione actually even worse?
Patoshi's avatar
Patoshi 5 months ago
Thanks Jack. Strike on point, Much respect and well articulated as usual. 🙏🤙🇦🇺🦘
=============================== #7 ⚡ Most Zapped Last Week =============================== Nostr’s Value4Value (V4V) model is all about plebs directly rewarding creators for the value they receive, no middlemen fees, no ads, just pure community-driven support using sats via the Bitcoin Lightning Network. Thanks to by @PABLOF7z for providing this data. Here are the Top Zapped/Top Zappers from last week, showcasing creators who received/sent the most engagement: 🔥 Top 3: Most Zapped 1. Name: @FLASH Zaps Received: 721 Sats Earned: 178k 2. Name: @corndalorian Zaps Received: 452 Sats Earned: 36k 3. Name: @War Monitor Zaps Received: 445 Sats Earned: 80k 🔥 Top 3: Most Zappers 1. Name: @Azzamo Zaps Sent: 1813 Sats Spent: 16k 2. Name: @atyh Zaps Sent: 307 Sats Spent: 3k 3. Name: @leon_21 Zaps Sent: 278 Sats Spent: 6k 💰 Top 3: Most Sats Received 1. Name: @Leathermint Sats Earned: 1M Zaps Received: 133 2. Name: dev Sats Earned: 1M Zaps Received: 1 3. Name: @Fountain Boost Bot Sats Earned: 728k Zaps Received: 385 💰 Top 3: Most Sats Sent 1. Name: “No name mentioned” Sats Spent: 1M Zaps Sent: 2 2. Name: @Orange🍊Man👤 Sats Spent: 504k Zaps Sent: 19 3. Name: @Five Sats Spent: 497k Zaps Sent: 17 Here are the Top Zapped from last week, showcasing notes that received the most engagement: 🔥 Top 3: Most Zapped 1. View quoted note → Zaps Received: 98 Sats Earned: 21k 2. View quoted note → Zaps Received: 97 Sats Earned: 45k 3. View quoted note → Zaps Received: 96 Sats Earned: 136k 🔥 Top 3: Most Sats 1. View quoted note → Sats Earned: 878 Zaps Received: 37 2. View quoted note → Sats Earned: 500k Zaps Received: 4 3. View quoted note → Sats Earned: 136k Zaps Received: 96 #most-zapped_nostr_recap
Seeing the stock market in Gold terms reminds me of my own deeper look at global GDP trends since 1960. Freezing the dollar supply at 1960 levels, and simple observing how GDP has changed over time relative to the dollar supply as a whole, reveals we've been living in a depression since the dot-com bubble burst. GDP per capita has fallen over 60% since then, while it's 65% down since it's peak in 1980. image
====================================== #7 ⚡ Most Zapped Last Week ====================================== Nostr’s Value4Value (V4V) model is all about plebs directly rewarding creators for the value they receive, no middlemen fees, no ads, just pure community-driven support using sats via the Bitcoin Lightning Network. Thanks to by @PABLOF7z for providing this data. Here are the Top Zapped/Top Zappers from last week, showcasing creators who received/sent the most engagement: 🔥 Top 3: Most Zapped 1. Name: @FLASH Zaps Received: 755 Sats Earned: 73k 2. Name: @HODL Zaps Received: 624 Sats Earned: 173k 3. Name: @ODELL Zaps Received: 397 Sats Earned: 76k 🔥 Top 3: Most Zappers 1. Name: @Azzamo Zaps Sent: 951 Sats Spent: 9k 2. Name: @Rigly Zaps Sent: 575 Sats Spent: 626k 3. Name: Simply Nostr Zaps Sent: 418 Sats Spent: 18k 💰 Top 3: Most Sats Received 1. Name: @rodant Sats Earned: 840k Zaps Received: 17 2. Name: @Fountain Boost Bot Sats Earned: 518k Zaps Received: 318 3. Name: @RABBIT HOLE RECAP Sats Earned: 222k Zaps Received: 43 💰 Top 3: Most Sats Sent 1. Name: @Five Sats Spent: 940k Zaps Sent: 3 2. Name: @Rigly Sats Spent: 626k Zaps Sent: 577 3. Name: @The Daniel 🖖 Sats Spent: 188k Zaps Sent: 30 Here are the Top Zapped from last week, showcasing notes that received the most engagement: 🔥 Top 3: Most Zapped 1. View quoted note → Zaps Received: 188 Sats Earned: 129k 2. View quoted note → Zaps Received: 124 Sats Earned: 67k 3. View quoted note → Zaps Received: 103 Sats Earned: 28k 🔥 Top 3: Most Sats 1. View quoted note → Sats Earned: 186k Zaps Received: 2 2. View quoted note → Sats Earned: 129k Zaps Received: 188 3. View quoted note → Sats Earned: 103k Zaps Received: 50 #most-zapped_nostr_recap