Replies (16)
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Also, GDP is completely fake and gay.
The trajectory of the debt has not changed since 2008. The damage from the GFC continues to compound and extend .... 👀
There’s no way this could go wrong.
Debt to GDP has been over 100% since 2012.
Late stage of Fiat
So amazing how it just keeps on growing exponentially
It really just doubles every 6-8 years as if there was some universal law it has to follow..
Buy Bitcoin
It'll be grand sure
The line is green and goes up and right. Must be good 👍
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Yeah, saw that.
Not a problem if you don't have an outside the system measurement. If it's all relative to each other the system works as intended no matter the debt.
Gold used to be the outside measurement but paper markets dominance means they are not able to call out misbehaviour anymore even if gold bucks wished for it. Third party exchanges enable the scam.
Bitcoin used to be an outside measurement for at least 8 years, but paper markets CNE, CBOE started in 2017 (shortly after pivot to digital gold/investment narrative) meaning it's just as much a correlated fiat asset as gold, stocks and real estate today.
An outside measurement means little to no exposure to financial third parties that can issue unbacked IOUs. It means an uncensorable medium of exchange that can be used without taking on risks.
If something better than Monero comes along I am all ears. Meanwhile it's my exit just as BTC was 16 years ago.
CEX spot delistings are a good thing. You want more of it not less. Unfortunately almost all CEX kept settled paper/future markets.
Divest USD and dependent crypto (e.g. USDT, USDC,, XRP). Invest in: metals (gold, silver) and crypto (BTC, XMR, etc.)