TEB2048
Pleb34

#Nostr only
#Bitcoin only

Public Key

npub13j8z3jsnyj70xewlw3r9dp4kv5dl0ccftv2x7fyl3v7v3zy76apqdzppfu

NIP-57 Address

mustardcrab4@primal.net

Profile Code

nprofile1qqsger3gegfjf08nvh0hg3jks6mx2xlhuvy4k9r0yj0ck0xg3z0dwsspz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsvlvjpr

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub13j8z3jsnyj70xewlw3r9dp4kv5dl0ccftv2x7fyl3v7v3zy76apqdzppfu

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Last Notes

2024-08-25 15:07:35

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I recommend the book “The Devils Chessboard” by David Talbot, about ex CIA Director Allen Dulles’ life. When JFK fired Dulles because of the Bay of Pigs, Dulles, who at the time was probably the 2nd most powerful man in the world, next to perhaps Hoover, set up his own parallel CIA in Washington. The cast of characters he was visiting with in the days leading up to the assassination, and mountains of other evidence against him, left me with no doubt Dulles was one of if not the top conspirator. They got away with it. And today, our CIA is still out of control-they are capable of anything.

2024-08-23 20:59:12

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So tired of YouTube. I don’t use it much but just deleted it. Will follow on Rumble.

2024-08-23 20:50:48

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Years !

2024-08-23 20:28:19

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To save democracy! Lol

2024-08-23 01:42:12

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https://www.wakingup.com

2024-08-23 01:36:15

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Every day. Sam Harris, hands down the best IMO.
https://m.primal.net/KIjw.jpg

2024-08-21 19:26:50

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That interview was great-thank you!

2024-08-21 00:57:40

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They know their billionaire donors would head for the hills if they were serious.

2024-08-20 13:22:30

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Love these updates!

2024-08-19 19:42:34

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The majority of money supply increase since 1925 is not through “printing”. It is through the process of loan creation by banks.

2024-08-19 17:15:09

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Beautiful

2024-08-18 20:19:46

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Deleted Twitter a long time ago so yes please!!

2024-08-14 01:36:25

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@npub1cj8…rz4u @npub1a2c…w83a Let’s say the economy (GDP) is represented this year by the harvesting of 10 apples, and that is the whole economy. Let’s say that there are $10 total in circulation. In this case, each Apple would be worth about $1.
Let’s say there was some technological advancement and the economy was able to harvest 40 Apples in the next year. Let’s also say there are $20 in circulation in the next year. Now, each Apple is only worth about $0.50 each.
Money in circulation is generally correlated with GDP of course (money created through bank loans and central bank money “printing”, generally goes up with GDP growth) but in theory they are independent of each other.
So we had monetary inflation of 100%, but the general price level DROPPED by 50%. The actual economy is infinitely more complex of course but I think this explains the general idea.

2024-08-13 04:38:17

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Welcome to social media with no risk of cancellation.

2024-08-13 04:36:27

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I think so.

2024-08-13 04:27:23

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They are coming gradually……

2024-08-13 02:17:54

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In other words there can be positive monetary inflation and a general price decline IF the GDP increase is higher than the monetary inflation.

2024-08-13 02:15:33

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It doesn’t happen often but when GDP growth is greater than “monetary inflation” there is usually a general price DECREASE , right?

2024-08-13 01:58:32

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Exactly. The LAG allows Trump to blame Biden, but most of the of inflation under Biden was caused by Fed monetization while Trump was President.
However, monetary inflation does NOT cause general price increases IF growth in GDP is equal to or more than the monetary inflation.

2024-08-10 15:27:22

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Beautiful

2024-08-10 01:40:05

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Sending false communication is a crime? I guess Nazir should be prosecuted for his false tweet then.

2024-08-09 13:55:54

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#Bitcoin only
#Nostr only

2024-08-08 22:10:19

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Here here

2024-08-03 19:53:35

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It’s been 6 months. Clown show optimism.
https://m.primal.net/JnCo.jpg

2024-08-03 02:36:30

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I don’t think I’ve thought so perfectly 180 degrees on every issue as much as this fucker.

2024-08-02 20:51:50

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Hahaha

2024-08-02 19:01:37

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He is clueless, but at least will likely get out of the way if elected.

2024-07-31 14:48:53

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Great interview!

2024-07-29 17:50:39

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First business day they dump it as an FU to Trump. Sad.

2024-07-28 19:57:37

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Trump is a useful idiot when it comes to bitcoin.

2024-07-28 14:54:41

The only way for the USG to manage this debt is by debasing the currency.
Buy #bitcoin
https://m.primal.net/JhHv.jpg

2024-07-27 21:59:03

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If Trump becomes President, he will be forced to respect it, eventually. Trump will for sure propose multi trillion$
budget deficits to finance his spending and tax cuts to try to keep the economy strong.. He is going to find out very quickly that he won’t be able to be financially irresponsible for long, as investors will sell dollars for bitcoin and tank the dollar, causing the inflation he said he was going to solve.

2024-07-27 21:03:23

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Major disappointment. Did he not hear about RFKJrs speech yesterday? When it comes to bitcoin, I’m glad Trump is no longer attacking it, but he doesn’t know shit about fuck.

2024-07-27 20:59:15

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He doesn’t understand it all, unlike RKFJr who does, but he sees it as a voting block and at least is no longer attacking bitcoin.

2024-07-27 16:52:25

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Is the “then they fight you stage” over already? I don’t believe it.

2024-07-26 22:57:20

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Impossible!

2024-07-25 13:34:45

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No algorithms and censorship free.

2024-07-25 13:34:06

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Thank you!

2024-07-24 13:16:45

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I’m in

2024-07-14 17:32:04

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Yes

2024-07-04 21:29:16

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The Bundesbank will be FOMOing in the 2030s when bitcoin is 7 figures a coin.

2024-07-03 13:56:23

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Great pic and Happy Birthday to Julian!

2024-07-03 03:51:30

Hash price has rarely been this low. Within 10% of an ATL. Generally a good indication that the bitcoin price is near a bottom.
#Bitcoin
#HODL
#Patience
https://m.primal.net/JGQB.jpg

2024-06-25 00:36:51

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Haven’t seen the Fear Greed Index this low since 9/11/23 when bitcoin was in the mid $20ks.
Likely near a bottom.
https://m.primal.net/IwrE.jpg

2024-06-25 00:33:22

Have not seen this Fear Greed index this low since 9/11/23, when bitcoin was in the mid $20ks.
#HODL
#Bitcoin
https://m.primal.net/IwrE.jpg

2024-06-23 04:45:01

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Stay away from Dick Van Dyke though, an American legend.

2024-06-23 04:38:29

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#NostrOnly

2024-06-18 18:24:58

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$1.9T with full employment in peacetime.
NGMI

2024-06-04 03:27:45

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The thing is, in the worst part of the bear market, although they won’t want to admit it, even the best of Hodlers has doubts as to whether bitcoin will recover.

2024-06-04 02:58:14

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Every bitcoin bear market builds discipline, conviction, and character.

2024-06-04 02:08:47

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Ctrl + P
Problem solved.

2024-06-02 18:47:46

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They invade Taiwan once Treasury holdings go to zero.

2024-05-20 05:45:39

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Sorry, but inflation is commonly defined as a general increase in prices. See here and many other sources:
https://www.economicshelp.org/macroeconomics/inflation/definition/
What you are talking about is a monetary base increase-that is not inflation.
You can have monetary base increases that can result in lower prices (deflation) stable prices, or higher prices (inflation) depending on the growth in goods and services being higher, the same as, or lower than the monetary base increase.
If there is $1 in circulation and one oranges are produced, and the next year there are $2 in circulation, but 4 oranges are produced, clearly the purchasing power of the $ went up, not down, even with a monetary base increase.

2024-05-20 02:40:13

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Inflation is increasing prices. You could increase the supply of money, by creating money out of thin air, and still have prices go down (deflation), if productivity gains increased production more than the increase in money supply. Unfortunately that is rarely the case.

2024-05-19 21:01:36

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It has come to my attention that this forecast missed by a mile. https://primal.net/e/note1m2j4dkv33e2jax8wpys2r99h3zfqgavfysu8xl3w35xkn59eqadqn2pewd

2024-05-18 04:04:24

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The Hangover

2024-05-15 14:25:08

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Hello Sweden, this is the CIA Director……

2024-05-13 13:18:27

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2024-05-12 18:05:24

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I think a strong judiciary, that adheres to a Constitution that protects individual rights, is necessary at the federal level. It helps to prevent smaller jurisdictions from passing laws by the majority that would violate individual rights of some within that jurisdiction.

2024-05-04 17:18:49

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All 3 of these Presidents were elected and then re-elected (FDR 3 times) by the American public. As much as you may not like them for things you prioritize in 2024, the contemporaneous majorities disagree with you, and these 3 were responding to their constituents at the time.

2024-05-04 16:05:50

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https://m.primal.net/IDHL.jpg

2024-05-02 21:55:59

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My bad, 10% of all bitcoin related gross profit, not total gross profit. Still awesome though!

2024-05-02 21:46:02

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Back of the envelope numbers: Based on current Gross Profit and Bitcoin price, Block will be soaking up 10% of all new bitcoin produced by miners.
@jack = LEGEND

2024-05-02 21:32:20

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Beautiful, Lyn.

2024-05-02 21:27:18

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This is the way.

2024-05-02 20:12:02

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GOAT

2024-05-02 14:50:14

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Satoshi said in an email: “The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more. At the same time, the increased production would increase the difficulty, pushing the cost of generating towards the price.”
The bitcoin price today is far below production costs. Probably a good time to stack.

2024-05-01 21:43:12

When one sees #Hashprice collapse to all time low levels, it is probably a good time to buy #Bitcoin.
I did. #HODL
https://m.primal.net/ICFz.jpg

2024-04-30 21:13:36

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Hashprice Armageddon
https://m.primal.net/IBnS.jpg

2024-04-30 04:43:45

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The government is controlled by forces whose wealth is threatened by a leveling.

2024-04-30 04:35:07

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Energy companies will have to adapt or die.

2024-04-26 02:34:04

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J. Edgar Hoover would be proud

2024-04-24 21:51:15

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The Rich men North of Richmond are at it again.

2024-04-22 18:04:23

Hello #Nostr