What comes after the petrodollar?

The sad part about gold mining View quoted note →

We are at the point in which there is no other way but to actually USE bitcoin instead of simply NGU and sell for fiat in the bull markets. Centralized exchanges always were a bit f*cked, but they are now f*cked beyond the point of usability and frankly unsafe with all them data leaks going on. Even the tax institution of France was hacked, causing a surge in wrench attacks... Besides, look at Coinbase: without USDC and altcoins, the exchange will be dead. This is why they seem to be throwing bitcoin under the bus atm. And to be honest: it's not Coinbase it's fault, it's their way of trying to survive as a company. The phase of peak greed is over, as it ended with the memecoin boom. Now it's all about stablecoins, and they aren't even private. Using stablecoins = literally benefitting the US government, as they invest in US treasuries. At the same time Bitcoin is being treated as stock you need to pay capital gains on (check what is now happening with the 'De Minimis Tax Rule'). This way it's impossible to use it as money, as every payment is a tax event. I hope everybody understands that this is NOT okay. Bitcoin can't survive whilst being controlled by the very system it was designed to hedge against. The whole value proposition is finished in that scenario. Looking at the way Monero is treated, it's clear that the biggest threat to governments is the actual usage of bitcoin for payments and the decentralization of bitcoin mining. This way all the chokepoints which are currently installed are being bypassed. Regulatory clarity = NEGATIVE for bitcoin, not the other way around. The Trump admin baited a large part of the bitcoin community with a carrot, only to be f*cked from behind afterwards. So priorities for me atm are usage as 'money' and decentralized mining. Looking at myself, I see that I am way too much shouting from the sidelines and should actually do more in my own living area to try and boost bitcoin adoption. Giving Bitaxe miners (50 dollars atm) on birthdays and starting a side hussle which is bitcoin only are my first steps in the coming weeks. Time to push!

Buckle up View quoted note →

Imagine having to drive a lot of miles to work with these gas prices without compensation.

One of the explanations of the PM drop lately (its forced selling) View quoted note →

Study Jung

Unsanction Russian oil with these oil prices is a gift to the Kremlin View quoted note →

Good night fellow space monkeys

I miss the '90s...

Random thought: market makers are soooo short Ethereum and XRP, that they don't want bitcoin to go up😁

China buying gold. US confiscating bitcoin.

gm, have a great week all!

Aight, this is bad. Very bad. So 1) we are locked in to online systems for everything (tax, healthcare, etc.) with digital ID and 2) now governments are starting to make our digital devices into a surveillance prison from the first boot? View quoted note →

I think the US has tried to take pressure of the dollar whilst trying to maintain just trust it, but it seems this game is now coming to an end. Now it looks like the dollar has bottomed against a lot other currencies (f.e. euro, pound, cny). I'm personally considering a US dollar wrecking ball scenario as likely, as it would make the burden on making interest payments on the US debt possibly too large.

OIL 66 BTC 67 SPY 68

Antibiotics has saved a lot of humans, but the damage it does to the microbiome of people using it cannot be overstated. Speaking from experience