Global M2
It's time for some gale force tail-winds (y-axis is log).
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Hello, if I have several different UTXOs (mixed) in one wallet and I make a transaction, could the receiver see all of my UTXOs in the wallet or just the one they received?
Thank you!
Just be cool the suit's know what they are doing just have faith and keep paying your taxes 🤡
Stop, I can only get so bullish
Election year, reading credit, black swan event, this checks out.
Almost chocked when I read it was log scale x)
That transaction will only show one utxo but if they all used the same address the reciever can look it up
most bullish chart in the history of mankind
It's really tough to focus on any other life goals that require money, when the FOMO to stack more sats is so strong 😂
The higher the price the less we can stack. Itll inevitably get up there but as far as im concerned the longer it takes the better.
Trend remains intact for now. Until it doesn’t
Watched from that perspective the last years' bear market in all asset classes has been nothing special. Fiat show must go on. Turn on the pumps.
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As Ed Dowd says, "the spice must flow"
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They will see only the UTXOs they received. If, however, the change from the transaction should go to an old change address then you will effectively relate this transaction to any prior transaction using that change address. In general new change addresses should be used but depending on the size of the change you may not want that if it will create dust UTXO (a UTXO whose cost of spending at current txn fees exceeds the value of the UTXO).
That's about 6% CAGR, naturally the vertical axis has to be logarithmic. Is there anything surprising about this?
Would you mind posting your full formula for global m2? It's cut off in the picture.
How does the graph look extended back to the beginning of of QE? Genuine question!
I never thought by putting the y axis on log scale would make it look so linier. Serious money printing incoming!
Feels like those bands are going to get a lot wider in the coming years - 3 sigma is the new 1 sigma
IMO it's unlikely that the expansion will be driven by credit creation this time around. No source of productivity anymore to issue credit for. Most likely direct full banking via central banks and govs. Will be nasty.
https://image.nostr.build/cabd0a5c37cce9d903246c5f44a85d24bb23edd04fc81d4d1d4e0fefea34e951.jpg#m=image%2Fjpeg&dim=852x418&blurhash=ZERp2pkC%25NoftRayxuj%5DxuM%7Bofxua%7DWBj%5DayWBf6_NayaeofM%7Bt7WBj%5Bf6xuWBWBt7ayRjfkofof&x=4f9e97947749e53d37186b4013b764915092a90167a087ded3cc550e6cd21862
Incidentally, I was watching Saylor's conversation with Fridman the other day, and he derives a similar number over a 92 year period.