Higher rates slows lending which slows new debt. Any reduction in borrowing slows the economy because the entire US economy is based on borrowing. The entire house of cards is just leveraged debt and paper claims.
sitting at an airport bar
npub1v536...wt45
Maxi
Artist
Former slave
I zap every reply I make so you can be assured I’m not a bot. No bot would pay to spam you.
These quotes are complete bullshit. They are making up new fake metrics to kick the can on the old fake metrics they pretend is anything other than a ponzi. Kevin Warsh is the new boss same as the old.
Is so easy to drag the United States into stupid wars because republicans.
My hot take…..
If you trust the code then everything else is just noise. Including the price.
@nat brunell all you need to know right here.
If you want the price to go up you’re a fiater not a bitcoiner.
No real bitcoiner wants the price to go up.
Go down more. Way fucking more! $2k gang baby let’s goooooooooooo!
And there it is, the treasury secretary of the United States saying that the US dollar is magic money.
If you follow me and I don’t follow you let me know.
Did I read it right Bitmain is doing a preferred to buy ETH and not BTC?
Who’s nerd enough to figure out how I can power a lottery miner to an exercise bike so I can power it while I’m riding?
Stop going back up. WTF. Go down. Way the fuck down. Like $12k down.
Go down more!
For the poor!
Hell yes!
If you need the government to protect it you don’t actually own it. Your house, your stocks, your money. You own none of it.
Your house is only your house because, for now, the government says it’s yours.
Imagine having the mindset that “this his how it’s always been so this is how it will always be”.
You go to work everyday and bust your ass to “make a dollar” and without doing any work at all the banks just print dollars and pass them out amongst themselves without doing ANY WORK. A dollar should only ever be PROOF OF WORK.
Let’s goooooooooo $58k!!!
Trump - We need interest rates to go down!!!!!
Jerome Powell - We need rates to go up.
Trump - You’re FIRED!
(Trump appoints Kevin Warsh)
Kevin Warsh - We need interest rates to go up…..
The only thing the US needs to be building out for its sovereignty is hashrate. Oh and staying humble and stacking sats.