1. Trump institutes tariffs.
2. Foreigners cash out of their US securities and stop buying treasuries.
3. Stock markets fall, 10-year rates climb.
4. Pension funds and retirement accounts are threatened, interest expense grows.
5. Fed prints boatloads of money to pick up the slack.
6. New liquidity flows into scarce assets.
7. Bitcoin moons.
What am I missing?
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npub1f30l...aexf
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At what stack size would you recommend multi-sig vs single-sig+passphrase?
#asknostr
The first time I read The Fiat Standard, I skipped the chapter on Fiat Architecture. Just didn’t seem interesting/relevant. Now I get it…
Taleb has become one of my favorite writers. How did he not see through the COVID madness? How does he not get bitcoin?