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véritas
npub1pl9s...v2el
Truth
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véritas 1 year ago
My gratitude level for finding #bitcoin is usually highest in the morning. Then again, it may be the coffee…. GM #nostr! image
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véritas 1 year ago
Imagine a world where all the gains created by ever expanding human productivity and technology flow through to all 8 billion human beings on this planet. What a way to bring the gift and blessings of life to all. Bitcoin is the transformational protocol that makes it possible. Thank you, @Jeff Booth for your heart, vision, and inspiring commitment! #bitcoin
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véritas 1 year ago
“Things could get hairy in financial markets this week. Quick explanation of what's going on and why we may be about to see a little chaos: George Washington is wreaking havoc. The dollar index (DXY) has risen from 100 in September to 110 as of this morning. That's just shy of the peak of 113 that it set in 2022. Markets have rallied since late 2022 partially because everyone believed we saw the peak of dollar strength AND the peak in bond yields. But now global yields are surging towards new highs despite the Fed cutting rates. This is perhaps the most alarming bit for global markets. Most investors figured long-term bond yields would FALL once the Fed started cutting. But we've seen the exact opposite. Is this a sign that investors have lost confidence in US bonds due to extreme fiscal deficits and 125% debt to GDP? Are they worried that sudden cuts from Elon's DOGE efforts will merely send the US into a deep recession, lower tax receipts, and actually worsen the deficit? Quite possibly. When bond yields fall, it gets cheaper to take on new debt and the party can go on. But when the dollar is rising, existing dollar debt gets HARDER to pay back, especially if you're a foreigner who needs to pay back dollar debts with a weaker currency. So what do you do if your debt is suddenly getting more expensive? You have to start selling whatever you can to get dollars to pay back your debt. That means selling whatever liquid assets you have: Stocks, bonds, Bitcoin, gold, etc. That's why rapidly rising yields can lead to downward price action in all other assets. The higher the dollar goes, the more people need to sell to service their debts. Things are particularly acute in the UK. Not only have UK bond yields risen to new highs, but the pound is falling steeply at the same time. This is typically seen in emerging markets when investors realize that rising yields don't signal a value buy - but rather that a currency crisis may be imminent. So how does it end? If it's allowed to continue without any intervention, this trend of dollar up, yields up, dollar up more, most other assets down... will likely accelerate. The important thing to remember as an investor is this: Debt is still used as the underlying collateral for the banking system. If yields are allowed to rise uncontrollably, bond portfolios plummet in value, the entire banking system is insolvent, and everything comes crashing down. That will almost certainly not be allowed. So what's the solution? The same as always: Currency devaluation. Central bankers can start buying bonds again to keep yields from exploding higher. The outcome remains binary: Either they let everything collapse, or the devalue currencies and keep the music going. In both cases, you want hard assets without counter-party risk. Bitcoin and gold. It's clear that many more investors have come to this same conclusion. The last time the dollar was at these levels, Bitcoin was below $20,000 and gold was around $1,650 Today Bitcoin is above $90,000 and Gold is up 63% from 2022 lows. Remember what you own, stay solvent, and if you have a good amount of cash, you may have some solid buying opportunities if this is allowed to continue. Don't forget that we've had multiple moments like this over the past 4 years. And more liquidity has always been the end result. Those who held their nerve and kept the big picture in mind the past have been handsomely rewarded. This time will likely not be different.” - @StackHodler
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véritas 1 year ago
There is no God beside Thee. #God #Father #Son #Holy Spirit image
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véritas 1 year ago
Bitcoin is the best piggy bank technology ever created. #bitcoin is my piggy bank. image
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véritas 1 year ago
“Bitcoin rocketed from $26K to $73K in 5 months from Oct 23 to March 2024 If you weren't in the market, you were completely left behind and missed out on 180% gains. We then spent 8 months grinding sideways with lower highs and lower lows. Many feared that we had already peaked at $73K. But that was merely the shakeout before another quick 100% took us over $100K in the blink of an eye Today we are once again consolidating sideways. And people fear we have peaked. No one knows for sure where we're going short term. But here's what we do know: Bitcoin adoption is only going one direction. And so is the amount of fiat that needs to be created to keep the sovereign debt house of cards from collapsing. Finite Bitcoin vs. Infinite Fiat. It isn't rocket science. It's common sense. Remember what you own and enjoy your weekend 🥂” - @StackHodler #bitcoin
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véritas 1 year ago
We have been raised, educated, and still live in an FIAT economic system that leaks value to the benefit of central banks and their cronies. We can move to a #BITCOIN system that does not leak value at all and cannot choose winners and losers. I have chosen #bitcoin. Choose wisely, friends and family. ❤️
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véritas 1 year ago
“The entire fiat economy, with all its finance titans, is based on a currency designed to rob its users, and so cannot outperform a neutral internet protocol which only does one thing: not get debased. Upgrade to #bitcoin if you don't like getting robbed. “
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véritas 1 year ago
God is the first cause of all things. Today is the feast of the great “knowing”, the Feast of Epiphany. May we all seek so that we may find. #Sunday #truth #revelation #knowledge #questions #answers #Christ #Epiphany image
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véritas 1 year ago
I want to be truly free from the prison of the fiat system and on a #bitcoin standard. @Jeff Booth continues to lead the way. We live in exciting times! We can choose to be a part of and contribute our time to a true and honest system that is immediately available to us all. View quoted note →
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véritas 1 year ago
The LORD bless you and keep you! The LORD let his face shine upon you, and be gracious to you! The LORD look upon you kindly and give you peace!
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véritas 1 year ago
“I stacked as much bitcoin as I possibly could in 2024 and I'll stack as much bitcoin as I possibly can in 2025. Happy New Year! 🎉” - @Wicked
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véritas 1 year ago
“Always leave them wanting more.” - #Bitcoin, New Year’s Eve 2024
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véritas 1 year ago
It is amazing to learn how much God loves me and you. Thank you, Lord, for the gift of The Bible in a Year podcast as well as the Catechism in a Year podcast. What a gift! Onward into 2025 and a closer relationship to Jesus Christ! #happynewyear #bible #biblestr #Jesus #Christ #Lord View quoted note →
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véritas 1 year ago
Bitcoin is the best productivity, technology, and AI investment. It will capture it ALL! 🤯 #bitcoin
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véritas 1 year ago
You’re not created to be a slave. You are created to be free. #bitcoin #nostr
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véritas 1 year ago
“I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.” - Thomas Sowell #bitcoin