WaldoStacker

Disrupt war. Liberate the bottom half. #Bitcoin (“plewbie” ~yellow). Editing @Stackchainmag

Public Key

npub1mvm0wzfrfxx559u36c8kkplav0p0lxnhhjh2nvza07snx65nkkjseesx77

NIP-05 Address

Profile Code

nprofile1qqsdkdhhpy35nr22z7gavrmtql7k8shlnfmmet4fkpwhlgfnd2fmtfgpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsjfp243

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relay.damus.io

nos.lol

Author Public Key

npub1mvm0wzfrfxx559u36c8kkplav0p0lxnhhjh2nvza07snx65nkkjseesx77

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Last Notes

2024-10-14 16:21:50 UTC

Charts for Pre-Coiners™️
Headline CPI ≠ workers' two highest expenses
September 2023-2024:
Shelter prices = +4.9%
Transportation prices = +8.5%
Are your wages keeping up with this? If not, you may want to start studying #bitcoin, especially if you're in the bottom income quintiles
https://m.primal.net/LVuM.jpg
https://m.primal.net/Kwoz.jpg

2024-09-03 15:51:40 UTC

Charts for Pre-Coiners™️
It’s no wonder two-thirds of Americans think the American Dream is dead
Owning a home, after all, may have been the most important sign of achieving it
While things may seem dark, there is hope to revitalize the American Dream for you and your family again: #bitcoin ₿
https://m.primal.net/KcUK.jpg
https://m.primal.net/KcUM.jpg
https://m.primal.net/KcUN.jpg

2024-08-13 23:01:14 UTC

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Sadly a very valid point 🤝

2024-08-13 20:26:59 UTC

Charts for Pre-Coiners™️
People aren't stupid: they know things are increasingly more expensive compared to what they earn
People expect this to get worse, not better
What many don't realize, yet, is that saving in #bitcoin can fix this https://image.nostr.build/1b51f2bddb34897117b84e39be69c8950098c486afb00e8677210a37bd07a960.jpg https://image.nostr.build/652f04eadcc820ea44bca6e5c33d98876ec7d7dd0a61d1f796bba4aff04ab437.jpg

2023-12-01 18:25:08 UTC

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😂✊🧡

2023-09-11 15:41:33 UTC

Charts for Pre-Coiners™️
When wages don't keep up with inflation (housing, food, transportation, electricity), workers have to turn to something to pay their bills
All-time-highs in credit card debt is not a long-term solution, however
Saving in #bitcoin over time can fix this https://image.nostr.build/54f049d73df110673ac8f3452b874c02f2509ee91745a67ce5e4276c97a33a98.jpg

2023-09-11 15:40:58 UTC

Charts for Pre-Coiners™️
If you're not a Baby Boomer, odds are you're not that confident about your upcoming bills
This is due to the fact that inflation in housing, electricity, transportation, and food far outpace your wages
Fortunately, over time you can fix this: #bitcoin https://image.nostr.build/292a12784106333e2cb4bfe6ca60b44fb9dcd961581f23ba3a3e2301acd915fe.jpg

2023-09-04 13:25:59 UTC

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An honor and pleasure to work alongside hue ser 🫡✊🧡

2023-08-31 18:28:41 UTC

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GM Ant ✊ love hues toos 🧡

2023-08-30 18:27:26 UTC

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✊🧡

2023-08-30 18:00:52 UTC

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GM if hue haven’t seen dis, the love is real ✊🧡https://x.com/psyducksc/status/1696929674562289909

2023-08-29 18:34:30 UTC

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Exactly. Since historically it’s such a slow bleed — for those who don’t understand inflation, they likely blame everything else for this phenomenon once they realize it over time.

2023-08-27 15:29:48 UTC

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Gn tata + Zappid this post bc I can thx to hue seven!! 🙏🧡

2023-08-21 18:24:24 UTC

Charts for Pre-Coiners™️
Be wary of metrics that involve averages on wages, as these are pulled up by the top 1%
The better metric to ascertain progress is median wages, which have flatlined since 1971
The situation is worse as CPI is lower than actual inflation
Got #bitcoin ? https://cdn.nostr.build/i/8824d4c8048edb402021aedafe11f3033c4c86ad7c77baa53e3a40d9711604bb.jpg

2023-08-21 18:23:37 UTC

Charts for Pre-Coiners™️
A snapshot of the income distribution at any point post-1971 reveals the same picture
Imagine if the top 1% didn't exist; arguably this would be a fairer version of inequality
But with the top 1%, inequality becomes extreme
For the 99%, got #bitcoin ? https://cdn.nostr.build/i/9c5907d961c6b73ad60cb7677068f3630fb47e80ca52bd83aec4255c911854ef.jpg

2023-08-21 18:22:58 UTC

Charts for Pre-Coiners™️
If you're not in the top 1% of income earners, your income has not increased in the last 40 years at a rate that beats the inflation you face every day.
Fortunately, you don't need to become part of the top 1% to combat this; you can just save: #bitcoin https://cdn.nostr.build/i/63da51b135d5a4650cb7139254b2afb33ec3651f734e0c521ef158dccc4a78f6.jpg

2023-08-16 00:23:51 UTC

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🫡
*amazing memes

2023-08-09 20:26:33 UTC

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Tenk hue @npub1mc2…4ptv + miss hue ✊🧡

2023-08-09 17:25:22 UTC

Charts for Pre-Coiners™️
For most of the 20th century, the share of income flowing to the top 1% in the US was falling.
In 1971, the pattern reversed and has been rising ever since.
If you're not in the top 1%, you've been experiencing the opposite trend.
Got #bitcoin ? https://cdn.nostr.build/i/347f65351d2a7ff71f94f1a5f2d4b4342b332af4a4cdf634532be8c4bcbec38d.jpg

2023-08-09 17:24:56 UTC

Charts for Pre-Coiners™️
The promise of the American Dream was the next generation could live better than the former
This dream died in 1971: your kids will be worse off than you were
However, you can combat this fiat fvckery by saving long-term to fix this: #bitcoin https://cdn.nostr.build/i/40ba651b99dd9a119e915a506c239d8539b0b5d3f02e7ca2be352aedf30c239c.jpg https://cdn.nostr.build/i/9bca7bb41c8df29e4c59a7c80ebe4259d77cef648c7b5f970e7469f57c1104c3.jpg

2023-07-28 20:51:36 UTC

Charts for Pre-Coiners™️
Odds are, your wealth has either only slightly increased or not increased at all over the last 30 years.
The further you are from the top, the more the game is rigged against you.
Fortunately for you, saving in #bitcoin long-term can fix this. https://cdn.nostr.build/i/fbe9c1413eeb19ddf34b85087b795f364004c459568f509d0df1810e915c2e58.jpg

2023-07-25 21:26:23 UTC

Charts for Pre-Coiners™️
Do you live in a country with negative real wages?
If so, what's your plan to combat it? Work more hours? Take on more debt? Find a "better" job (till that one goes negative, too)?
Fortunately for you, saving long-term in #bitcoin can fix this. https://cdn.nostr.build/i/763235d007927baf7a6ee6506c4ba6fb4b4473674b03f4a5eb56e9396ec4ccde.jpg

2023-07-25 00:15:00 UTC

Charts for Pre-Coiners™️
If the rate of income stayed on course from 1975, the "counterfactual" column would be how much workers would make.
However, the 2018 column shows how much they really made.
Go find your group: unless you're in the top, you're getting screwed. #bitcoin https://cdn.nostr.build/i/325f708c648498d8012b86a37a212034f285fdfcf0245443c63ebe8129c141bc.jpg

2023-07-20 16:39:02 UTC

Charts for Pre-Coiners™️
If you're in the bottom 50% or middle 50-90% of income earners, over time you earn less of the total pie.
Even within the top 1-10%, you earn less of the pie compared to the top 1%.
Saving in #bitcoin long-term can fix this for you. https://cdn.nostr.build/i/d330132d92a3c0ee88e233a0f8c1c0f9673a6b1fc1dccac94596c55f6c9a4eae.jpg https://cdn.nostr.build/i/eb8e410e22318513fc6efd01ad4201a99a1813bd5ebf7c5626c8d318370ff037.jpg

2023-07-19 20:51:02 UTC

Charts for Pre-Coiners™️
CPI is *only* 3% and wages went up 3.6% from June 2022-23; wooo they did it!
Just don't eat food (average 6.2%), use electricity (5.4%), have shelter (7.8%), or use transportation services (8.2%), and you'll be just fine!!
Got #bitcoin ? https://cdn.nostr.build/i/5540864acf0f393239f481233b56cfc6925297e351856b5173e748780a8b4ba9.jpg https://cdn.nostr.build/i/6a663bdb83bb7cb7194343c3959d94bcfdbded21a791ad02f766148c336e1383.jpg https://cdn.nostr.build/i/2e503a0c01d9524fc072a742ccc1c61f644a1021973c16ecd021ff89e201885e.jpg

2023-07-16 19:27:42 UTC

Charts for Pre-Coiners™️
Are you in the bottom 90% of wage earners? If so, your wages have been stagnant for quite a while
While you may be able to reach the top 10% (or even 1%), an arguably better way to combat this is to save in the hardest money in history: #bitcoin https://cdn.nostr.build/i/1dbaf705f80b4bd03157397f27ea7bf6230c1e9a0773e319f74a6a426d219436.jpg

2023-07-16 19:26:50 UTC

Charts for Pre-Coiners™️
In 2021, workers' real wages were -2.4%, whereas CEOs in S&P 500 companies saw a pay increase of +18.2% (AFL-CIO).
While some may scream 'corporate greed', others suggest this is the Cantillon Effect at play.
Whatever your ratio is, you can improve it for yourself: #bitcoin https://cdn.nostr.build/i/21fbd1163349d0bdd748623407f23a2ee5aed535bd2be2d77fe864143d078e35.jpg

2023-07-14 13:51:43 UTC

Charts for Pre-Coiners™️
If you're in the top 1%, congrats. You're probably fine, as your average income is ~20x that of the bottom 99%.
But if you're in the bottom 99% of income earners, you may want to investigate #bitcoin as a long-term savings tool sooner than later. https://cdn.nostr.build/i/8e8c2decce51317be5b83cec35d547f5d8a80a215853c5569269dd20970dbc4c.jpg

2023-07-06 20:15:45 UTC

Charts for Pre-Coiners™️
For the 53.4% of American workers who face negative real wage growth, the median average was -6.5%
In Q2 2022, the median rate for this group was -8.6% (26.7% of workers are below this rate)
Workers earning negative real wages can benefit from #bitcoin , esp. the bottom quartile https://nostr.build/i/9671d68202d05f59a0df08b4e25b3b21d9e585ab145d791607a62c5d38990c67.jpg

2023-07-06 20:14:52 UTC

Charts for Pre-Coiners™️
We know that actual inflation is much higher than CPI.
But even just looking at CPI, over half of workers are not keeping up on wages.
These workers do not need to become investment experts to fix this.
They just need a superior savings tool: #bitcoin https://nostr.build/i/16fa8ea34d42f08d097ee2d5d2add6042a6cc5f7b1572d3520adb1dcf989361c.jpg

2023-07-04 20:20:56 UTC

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😂🤣🧡

2023-07-04 16:50:24 UTC

Charts for Pre-Coiners™️
You know things are bad when real wages (inflation adjusted) show zero improvement based on CPI.
And CPI is lower than regular expenses the majority of workers face, so the situation is much worse (negative real wages).
Saving in #bitcoin can fix this https://nostr.build/i/907ce0db9310d8c34cff826b2b3cd64c8fb0ae29f3cbf91bf2fafcdcd1b04520.jpg

2023-07-03 21:08:45 UTC

Charts for Pre-Coiners™️
One reason inflation is so easy to hide is that workers' nominal pay is going up over time, which leads them to believe things are improving
However, no matter what period of time we look at post-1971, there is little to no progress
Saving in #bitcoin long-term can fix this https://nostr.build/i/32c855dcd05f6e4651ec417c5ba711c08645750b632841d860ce62597872a606.jpg

2023-07-02 12:29:12 UTC

Inflation does not have to be normal, contrary to popular belief.
From 1866-1889, for example, there was negative inflation, budget surpluses, and positive GDP.
Fiat fvckery is destroying our present and future; fortunately saving in #bitcoin long-term can save us https://nostr.build/i/3e4f354583b90e38c96a0dbfda440de81f4cdde80f638a0dd2ff0f35e69d6660.jpg

2023-07-02 12:28:30 UTC

From May 2022-2023, real average hourly earnings were 4.2% (CPI=4%), and after adjusting for fewer hours per week real earnings were actually 3.3%
In the same time period, shelter (8%) and transportation services (10+%) were more than 2x wages
Saving in #bitcoin can fix this https://nostr.build/i/8eb0916bdb398683a87fa5e6df4c6b3dd6f2ea384de8800ca179eaa3eb3c3e97.jpg

2023-07-02 12:27:55 UTC

Charts for Pre-Coiners™️
Of workers' three largest expenses, "transportation" is a tricky category in that there are many options.
However, for those using transportation services, trying to feed and house their families, wages aren't even close to inflation.
Got #bitcoin ? https://nostr.build/i/d0105998361ae01d4c78b30f564dba3eea54b7ee797e83eb6b9a55b8bb7eff21.jpg https://nostr.build/i/ef43e432f1b2b8ee08b10b137788c85225e519b50b4aaab8e6fc6a21b09b8af9.jpg

2023-07-01 17:37:33 UTC

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Zappid for maximum accuracy

2023-07-01 02:43:55 UTC

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This is an amusing observation and I agree.
Also, I’m one of them 😬

2023-06-28 19:17:45 UTC

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What the WH left out was the second part of the sentence from BLS:
'Decreases in the average workweek led to real wages of -0.3% monthly and -0.7% annually.'
Workers are still doing worse than CPI, and much worse on food and housing.
Saving in #bitcoin can fix this over time.

2023-06-21 12:38:22 UTC

In 2022 when inflation was 7.9%, wages increased 3.4% and when inflation was 6.4%, wages increased 4.2% (WTW)
There will be celebration in the media when wages stay above CPI (as if 2020-2022 never happened)
Saving in #bitcoin long-term can provide an exit from this losing game

2023-06-17 22:03:09 UTC

Charts for Pre-Coiners™️
"I'm making more money than I was before, so I must be winning."
Wrong. Between January 2021 and April 2023, real wages (inflation adjusted) are down -3.3%.
As your purchasing power decreases, it may be wise to start saving long term to combat this: #bitcoin https://nostr.build/i/45aa128687f9747bbc014f02b2b83cdd8005c9a8fdb71163e9cf7b5fe9dade06.jpg

2023-06-13 13:42:57 UTC

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Awesome. They got a great dad ✊🧡

2023-06-02 16:47:59 UTC

From Q4 2021 - Q4 2022, American households have experienced a sharp decline in disposable income compared to their peers.
Taking on more debt doesn't fix this long-term, but saving in #bitcoin can. https://nostr.build/i/4fb47903fe1b5f8913fefb841f33ca17412e2013d9d9e6cf116d3eff658b3da1.jpg

2023-06-02 16:44:18 UTC

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Great statistic and reply, much appreciated!!
You may be interested in this post as well where I used some math from John Haar and the US Census on housing over time 🤝🧡

2023-05-29 16:53:20 UTC

"GOBankingRates recently surveyed 1,000 Americans ages 18+ and found that 32.9% have no more than $100 in their savings account.
In a similar study conducted in 2022, 22% of Americans responded they had $100 or less in savings."
Prices go up, wages don't keep up, got #bitcoin ?

2023-05-25 22:06:49 UTC

Charts for Pre-Coiners™️
Don't be fooled by CPI categories such as "energy" or "less food and energy".
Food is higher than CPI, and "energy" is getting pulled down by subcategories that not everyone uses.
However, everyone does use electricity, which is also higher than CPI.
Got #bitcoin ? https://nostr.build/i/4aab475805934cbf69509d1a615ded5cb36dd3b6526a46533e7e62404fb1afcb.jpg https://nostr.build/i/2db8da7545d7664621e53335132cba45218d3a0637871c57da6271f130086ca4.jpg https://nostr.build/i/3f16e3ae4bc37762a53f7cbfe7c5bc039eaa0a29fe36d3e7c7965b6439daaafa.jpg

2023-05-14 16:38:03 UTC

Charts for Pre-Coiners:
We hear a lot about "the 1%", but within this group, the top 0.01% have pulled away from the pack, skewing the data
More important, the bottom 50% has been left behind on both income and wealth
#Bitcoin provides an opportunity for all groups to build and store wealth equally https://nostr.build/i/2648dcaa4102824e8efaf35c84d1ac9e790a7e653342691b1045916c9ac2741a.jpg https://nostr.build/i/b7b6d400c5197919b1c5d6390280ad5c0ac47cb70ea855a74b716a1af5ed50a6.jpg

2023-05-11 14:49:14 UTC

Aside from the fact that inflation compounds, average hourly wages are still not keeping up with workers' daily expenses on items such as food, shelter, electricity (nor even CPI)
Saving in #bitcoin doesn't fix this right away but it can long-term, especially if starting now
(Source: BLS data) https://nostr.build/i/8dd8ecfe911bc73117b0c23429722432bf90ba91a6d79d002620a5851bb63176.jpg

2023-05-02 14:52:58 UTC

Dividing earners into groups can be useful for comparison, but it's important to note the top group is always skewed by the very top sub-group
The differences among groups are not as stark when excluding the very top
Easy money flows to the top 1%; for the 99% there is #bitcoin https://nostr.build/i/1057d8821e77f2508286e8595885fc7bc2399a0536e219ee2bba2bd8eb3f7d27.jpg

2023-05-01 17:33:13 UTC

When income levels are different but the *rate* of change is similar, everyone wins
When income is different and the rate favors the top more than the bottom, fewer people win, thereby widening inequality
A Bitcoin Standard can fix this. You can also start fixing it by saving: #bitcoin https://nostr.build/i/0bcc6e18dbd5d4298045784de2dde11998473b9d10dbfb08d9b1955c7e8f23fe.jpg

2023-04-28 18:38:10 UTC

In the 45-year period from 1967-2012, real household income (inflation adjusted) for the bottom 50% of working Americans was nearly flat
While all income groups can benefit from saving in #bitcoin , the bottom half especially could benefit from this savings technology to combat inflation over time https://nostr.build/i/fc57d6dd8d07f4418bc5e16388f1d475adf53258efe643d545c0fe989fa8d2ab.jpg

2023-04-27 12:49:50 UTC

According to John Haar, “The median price of a US home in 1940 was a little under $3k. Today it's around $450k.
That's an average increase of ~6.25% per year.
If that rate continues, in 30 years the median price of a US home will be over $2.6 million.”
*******************
Taking John’s math and combining it with income, we see the *rate* of housing increasing twice as fast as wages, forcing many people to go deeper and deeper into debt should they want to own a home:
The estimation of median wages in 1940 = $774 (US Census, average men/women)
In 2023, estimated median wages = $57,200 (BLS)
In 1940, rate of housing-to-wages = 3.9x
In 2023, rate of housing-to-wage = 7.9x
1940-2023, wages = 74x
1940-2023, housing = 150x
Got #bitcoin ?

2023-04-25 21:46:09 UTC

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Followid 🤝

2023-04-25 15:59:07 UTC

Payscale Inc.’s 2023 Compensation Best Practices report stated 80% of companies surveyed said they plan to give raises this year, compared to 92% in 2022
Just 11% of companies (compared to 18% of companies last year) said they’ll increase base pay by more than 5%
Got #bitcoin ?

2023-03-15 13:22:28 UTC

Fractional reserve banking. Quantitative easing/tightening. Bailouts. Raising the debt ceiling. The debt spiral.
Lobbying. Insider trading. Corporate financing. Corporate board seats after office. Bribery. Favoritism.
Effects of the control and manipulation of money.
Opt out: #bitcoin

2023-03-06 23:06:25 UTC

If you didn't receive a 10%+ raise in 2022, you likely took on more debt to pay for life's necessities: food and energy.
You can try to battle inflation with wages and debt, or you can start saving long-term in the hardest money in human history: #bitcoin
https://i.postimg.cc/t4K8ytbH/640-D6061-25-E9-4988-B383-A134232408-C9.png

2023-03-04 02:42:03 UTC

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Sounds delicious, sign me up

2023-03-02 20:33:04 UTC

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https://i.postimg.cc/28y60Rvg/4551-FFC4-4-E0-B-4078-9-D32-1467-F673-A2-B1.webp

2023-01-23 15:05:57 UTC

A significant share of the global population lacks basic financial knowledge. In India, 26% of respondents provided no correct answers to 4 questions on basic financial principles in a recent survey (Cole et al.)
This is by design. Learning about #bitcoin fixes this

2022-12-25 16:12:29 UTC

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Merry Christmas guys, GFY 🧡🎄

2022-12-24 14:05:57 UTC

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block #11 nostr #stackchain
https://i.postimg.cc/RZcf4Pc3/nostr-SC11.jpg