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Wealth Theory
wealththeory@nostrplebs.com
npub1xqzd...ej64
Optimistic
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wealththeory 2 years ago
Get rid of the 🤙 ⚡️ only will make this experience revolutionary. 1 sat at a time.
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wealththeory 2 years ago
The Fed balance sheet increased by $93B during the week for a total of almost $400B in 2 weeks. About 65% of the balance sheet reduction in the last year has been undone in two weeks. This is fine. 🔥🟠🟣
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wealththeory 2 years ago
Dutch central bank (DNB) suffered a loss of almost half a billion euros last year - the first loss since 1931. Substantial losses are also expected for the coming years. The losses could increase to such an extent that the built-up buffers are no longer sufficient, Business Insider reports.
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wealththeory 2 years ago
“Without a ruler to do it against, you can't make crooked straight." Seneca
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wealththeory 2 years ago
Retail nocoiners are starting to get interested again. Number go up is magic.
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wealththeory 2 years ago
The Fed needs to run a propaganda campaign because I’m not sure who’s loving them right now.
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wealththeory 2 years ago
The Fed’s credibility is declining. Every misstep makes it harder to impose CBDCs. Soon it will wreak of capitulation.
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wealththeory 2 years ago
Regional bank runs are happening as depositors pull funds to mega banks that are guaranteed by the Fed as too big to fail. What happens when mega bank runs go to self custodied Bitcoin? The money printer gets stuck on to keep remaining depositors whole. Fiat death spiral.
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wealththeory 2 years ago
Does anyone know if there is a Bitcoin price that could pull $Corzq out bankruptcy? I believe they are still the largest public miner by hashrate? Would be wild.
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wealththeory 2 years ago
I think if Elon started pounding the table on Bitcoin right now we’d have bankruns and shit would hit the fan. If you’re reading this elon…
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wealththeory 2 years ago
There is no such thing as fiat capitalism. Communism is when all property is owned by the state. Central banks have infinite capital and the ability to dilute infinitely. Therefore they essentially have all of the property and distribute it as they see fit. Communist.
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wealththeory 2 years ago
I am once again suggesting you take some time to learn about Bitcoin. Stop writing this off as a scam. It is absolutely not a scam. It is a solution, in fact it is THE solution to a fundamentally criminal money system that you have purposely never been taught about. Don’t wait. This is why I still have Twitter I guess.
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wealththeory 2 years ago
Who had the most incentive to stoke bank runs on regional banks? The largest banks, not depositors. They seen massive deposit inflows. Central bank interference in the market will inevitably lead to more centralization. The “debate” between Bitcoin and the USD is not complex. It is binary. Centralized, or decentralized.
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wealththeory 2 years ago
Bitcoiners know that individuals are easily corruptible, and yet they have faith in humanity as a whole.
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wealththeory 2 years ago
Verified identities on social media platforms will be a fundamental requirement as AI progresses into deep fakes and mimicry. Private keys give you control over your digital identity and how much of yourself you’d like to share. I suspect government will try to impose something similar. But, not your keys, not your identity.
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wealththeory 2 years ago
I like the idea of replacing 🤙’s with zaps, starting at 1 sat would even be fine. A content economy would be very cool.
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wealththeory 2 years ago
Family Bitcoin Land Your grandkids will thank you.