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what happened to Marty?
#bitcoin
#bitcoin
Most people are so captured by the guarantee for safety and security through the state (which does not exist in any meaningful way) vis monetary and economic means, that the idea of any form of life outside of that seems like nonsense. It is nothing more than trying to explain the freedom beyond the cave to the slaves enamored with the shadows on the wall. They will insist their chains protect them, and the darkness is security.
Why group conservatives with libertarian sir, they are not remotely the same
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{"content":"As we sprint toward the 2024 US Presidential election the case for using bitcoin as an asset to store value for the long term has never been stronger. The insanity of the incumbent power structure is being laid bare and it is becoming impossible to ignore the headwinds that the Borg faces moving forward. \n\nYesterday morning and earlier today it became clear that inflation is rearing its head again. Not ideal for the soft landing Jerome Powell and Yellen are signaling to the markets after the first Fed Funds rate cut in years. \n\nIt seems like the yield curve predicted this earlier this week when it inverted after a temporary normalizing period after the Fed's rate cut. Futhermore, it is becoming glaringly obvious that running historically high fiscal deficits while interest rates were at multi-decade highs was a pretty bad idea. As James Lavish points out, the data from the CBO earlier this week shows that the US federal government is running a deficit that is 13% higher than it was last year. This is at a time when real wages are still depressed, inflation is still suffocating American consumers and the private sector job market for American citizens is cratering. \n\nSpeaking of the job market, the numbers that came in yesterday were worse than expected:\nThe effect of Hurricane Helene should certainly be taken into consideration when looking at this jobs miss. However, even with the miss we know that these numbers have been under reported for years to make the economy seem healthier than it actually is. Even with Helene's effect taken into consideration this print will likely be revised higher 3-6 months from now.\n\nAll of this points to a breaking point. A breaking point for the economy and, more importantly, a breaking point for overall confidence in the US government and its ability to operate with any semblance of fiscal responsibility. The chart that Pierre Rochard shares in the tweet at the top of this letter is the only chart that matters for anyone attempting to gauge where we find ourselves on the path to bitcoin realizing its full potential.\n\nThere is $133 TRILLION worth of value sitting in global bond markets. Bitcoin is a far superior asset to store one's wealth in. Bond markets are beholden to the whims of the actors who issue those bonds. In the case of the US Treasury market, the largest bond market in the world, the US government. And as we have pointed out above, the US government is recklessly irresponsible when it comes to issuing debt with a complete inability to pay it back on the long-term. Inflation is up, the jobs market is cratering for the native born Americans who actually pay taxes, and the push toward a multi-polar geopolitical landscape is becoming more pronounced by the day. All of this points to a long-term weakening in demand for US treasuries.\n\nThe only way out of this mess is to overtly default on this debt or inflate it away. The latter will most certainly be the route that is taken, which positions bitcoin extremely well as people seek the confines of an asset that cannot be debased because it cannot be controlled by a central authority. \nThe levels of sovereign debt in the world are staggering. Do not let the bitcoin price consolidation of the last six months lull you into a state of complacency. Even the results of the Presidential election won't have a material effect on these dynamics. Though, a Donald Trump presidency would certainly be preferable if you prefer to see relatively sane policy enacted that would provide you with time to find safety in bitcoin. But, in regards to this sovereign debt crisis, that is the only benefit you can hope for; more time to prepare. \nI'll leave you with some thoughts from Porter Stansberry:\n\n\"We are about to see the final destruction of the American experiment. Every economist knows this (see below) is correct; but nobody is going to tell you about it. I’ll summarize in plan English: We are fucked. \n\n1. Debt is growing much faster than GD and interest expense is growing much faster than debt; and the real growth in entitlement spending hasn’t even begun yet. \n\n2. Progressive taxation means nobody will ever vote for less spending + the combined size of government employees and dependents, there’s no way for America’s actual taxpayers (about 20m people) to ever win an election, so the spending won’t stop growing and, ironically, inflation will make demands for more spending to grow.\n\n3. Inflation undermines both economic growth and social cohesion. The purple hair man-women weirdos are only the beginning; what comes next is scapegoating jews, blacks, immigrants and a huge increase in violence\/domestic terror. \n\nGet ready America. This election has nothing to do with what’s coming. And neither Trump nor Kamala can stop it. \n\nOur experiment in freedom and self-government died in 1971 (when all restraint on government spending was abandoned with the gold standard.) You can only live at the expense of your neighbor until he runs out of money.\n\nAnd that day is here.\"\n\n---\n\n\nFinal thought...\nI hope my tux still fits for this wedding.\nEnjoy your weekend, freaks.Use the code \"TFTC\" for 15% off\n\n\n","pubkey":"472f440f29ef996e92a186b8d320ff180c855903882e59d50de1b8bd5669301e","created_at":1728656454,"kind":30023,"sig":"ccf66f87a039e904de58b817ae4ecbd845b7c8e068a877f0384495952a2a225f9023f3e9df07dc9c8020f639883868143e048ee595bf1030a1070690021ee24c","tags":[["d","1728656278102"],["title","Bitcoin, The Bond Market And Resurgent Inflation"],["summary","Nothing stops this train."],["t","Marty's Bent"],["t","bitcoin"],["t","sovereign debt"],["t","inflation"],["t","bonds"],["t","economics"],["image","https:\/\/www.tftc.io\/content\/images\/size\/w1980h1080\/2024\/10\/martybent_a_tsunami_of_us_dollars_headed_toward_new_york_city_i_78298746-e16e-4eba-946f-04a04d49257a.webp"],["published_at","1728656452"],["alt","This is a long form article, you can read it in https:\/\/habla.news\/a\/naddr1qvzqqqr4gupzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qqxnzdej8qmr2d3jxuurzvpjtpdkly"]],"id":"1566b89fd42ac2664275260396337cb865ee5dc1bf0f57d6a8f97bcbd218cab8"}
{"sig":"ec67cab329469a8f4ad08462a9232cd7ed55ac350b7e85b8bd7dd719e10a5945025ef5e5dcd0423c4223cc4b6d1f33117164b2859765640767c5e8a350c42f79","content":"RHR 326: PETER TODD IS NOT SATOSHI WITH nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx AND nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy\n\nhttps:\/\/cdn.satellite.earth\/c5b6484c0aeae32584d392264bf27ca6a4b8262f766a4f7e86bdc556325f0dc7.mp4","kind":1,"tags":[["p","04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9","","mention"],["p","472f440f29ef996e92a186b8d320ff180c855903882e59d50de1b8bd5669301e","","mention"]],"pubkey":"7f177706ad6e0aea75a9e3345d9ffdae67676faff249be657b596375e1ced391","created_at":1728656660,"id":"5e86fa064b3bf51085d8c925a4884a8a1a7a6b127b773833704d54f257941bb8"}
I don't know about you, but when I get a bad cut, I always slather the wound with French dressing.
Pov: You're an app developer #meme #memes #memestr #inventory #nostr #grownostr #btc #pleb #plebchain #bitcoin #funny
Pov: You're an app developer #meme #memes #memestr #inventory #nostr #grownostr #btc #pleb #plebchain #bitcoin #funny
Pov: You're an app developer #meme #memes #memestr #inventory #nostr #grownostr #btc #pleb #plebchain #bitcoin #funny
ALLES entspringt dem Geist... Geist über Materie... #Bitcoin bringt UNSer Tauschmittel wieder auf die geistige Ebene 🙏🏻🤍
ALLES entspringt dem Geist... Geist über Materie... #Bitcoin bringt UNSer Tauschmittel wieder auf die geistige Ebene 🙏🏻🤍
ALLES entspringt dem Geist... Geist über Materie... #Bitcoin bringt UNSer Tauschmittel wieder auf die geistige Ebene 🙏🏻🤍
I don’t think the comedic element that would accompany the rise of the machines is given enough thought. #grownostr #plebchain #skynet
Sir, I am American.
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