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John Balkam
jbalks@getalby.com
npub1vej4...s5lc
CMO at Sovreign | Bartender at PubKey DC
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John Balkam 9 months ago
The Uncle Jack (Dr. Jack Kruse) rabbit hole is pretty incredible. What I am essentially getting out of it is that there's been a multi-decade effort by the military industrial complex to turn all of society into a blue lit casino. That way, everyone's dumb and docile, and they can control everyone's minds. They can plug whatever narrative they want into the screens, and everyone will lap it up. (Cough COVID cough) Hand up, I was fooled just like almost everyone else. The only way to fight back is to get off your goddamn phone, laptop, or TV screens and get your eyes and your skin into the sun. It seems ludicrous, but I'm not gonna lie, I can see periods in my life where I was isolating myself inside, glued to screens, and I felt absolutely awful. Absolutely diabolical. This is gonna be a tough one for most of the world to accept. We are SO damn addicted to our screens. 🤯🤯🤯
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John Balkam 9 months ago
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John Balkam 9 months ago
Where does one find the conviction to keep holding #Bitcoin through the volatility? May I suggest mathematics and the law of supply and demand? As Parker Lewis likes to say, "there is too much debt and too few dollars." That is still the case today. Is there a possibility that the masters of the fiat monetary system let the debt unwind? Sure, there is a possibility. But the implications of that are so awful (Great Depression 2.0) that I don't see it happening. Most likely we will see some short term pain, possibility even a recession in '25. And then at a certain point, the Fed prints, floods the system with liquidity, lowers interest rates, and BTC goes bananas to the upside. I am willing to risk the crippling downside of a severe deflationary event because I believe the probability of inflation to be much higher. Plus, if we have another Great Depression, the banks will lose an entire generation's trust. It will be all over for them. I don't see them being willing to go completely belly up. So we HODL on. Printer is (likely) coming.
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John Balkam 9 months ago
The 2025 4-S Protocol for Health and Prosperity - Stay humble - Stacks sats - See the sunrise and the sunset - Sleep #Bitcoin
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John Balkam 10 months ago
You can just rebuild your country on magic internet money. #Bitcoin
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John Balkam 10 months ago
"Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one." "Society in every state is a blessing, but Government, even in its best state, is but a necessary evil." "We have it in our power to begin the world over again." "The cause of America is in a great measure the cause of all mankind." - Thomas Paine Onward 🫡🇺🇸 https://image.nostr.build/0c15da968e2515a93f64b2b9e9e7b5b8bbe309115b8c3aa348228660cb701e13.jpg#m=image%2Fjpeg&dim=748x1140&blurhash=%5E5C%7DqWxZ01Ef%24is.%7EBoLNHS2M%7CjZ1OWX%5Djs.I%3AWWE2R%2B-V%24%25WCNa4oWV-%3Aofs%3AWVM%7BsoR%2BNaxas.9Gjtxtays%3AWVWBWWM%7Caft7oeIpa%7DjGWBoLoL&x=5e2b7f98b7a8818a09c02366573c1e573aa639058f9f9299776b5c357d802fa8
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John Balkam 10 months ago
Once the majority of Americans understand #Bitcoin they are going to FUCKING LOVE Bitcoin. Life. Liberty. Bitcoin. 🇺🇸
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John Balkam 10 months ago
Take the $5000 DOGE Dividend and pay it out to every American in #Bitcoin Boom. A whole nation orange pilled.
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John Balkam 10 months ago
Vance is a Bitcoiner Trump's kids are Bitcoiners (ish) Lutnick is a mega Bitcoiner Sacks is a Bitcoiner (ish) Ramaswamy is a Bitcoiner We are going much higher anon. #Bitcoin
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John Balkam 10 months ago
GM, hard money helps you make "the game slow down for you." You hear this phrase uttered during sports broadcasts all the time to describe athletes who are poised, calm, cool under fire, and performing at a high level. In a similar manner, #Bitcoin holders with a low time preference have slowed the game down. Never in a hurry, always going at the pace they want, knowing that everything will come to them in time. Fiat makes you rush, desperate to accumulate more melting USD tokens to cover your fiat debts. Bitcoin helps you slowly but surely grow your wealth.
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John Balkam 10 months ago
AI is smart, but it's not wise. Wisdom is a unique human characteristic, and it is what makes us special. Wisdom is what allows us to take actions that help us to flourish as individuals and to help our fellow man flourish. The thing that concerns me about integrating AI into all parts of human society is that we risk losing touch with our divine wisdom. AI cannot feel emotions, it cannot have a direct connection to the Divine. In my estimation, that completely disqualifies it as a technology that can determine human affairs. Fair warning to the AI maximalists: be careful what you wish for.
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John Balkam 10 months ago
Happiness comes and goes. It's fleeting. Life, liberty, and private property. These are the essential principles that make the United States the greatest country in human history. When we abide by these principles, nothing can stop us. 🇺🇸
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John Balkam 10 months ago
Governments and banking cartels will likely take one of two paths in the coming years: The Big Print: a desperate attempt to inflate away their debts. The Great Taking: a desperate attempt to seize ordinary people's assets to save themselves from insolvency. In either scenario, #Bitcoin is the safest place to store wealth. In The Big Print scenario, Bitcoin takes us to Valhalla. Many millions per coin. In The Great Taking scenario, Bitcoin is the hardest asset to confiscate. Fiat deposits and third party custiodied securities get confiscated first. Given how fucked the global fiat monetary system is, Bitcoin will no longer become optional. It will become necessary for survival.
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John Balkam 10 months ago
Here's the thing: #Bitcoin is a bearer asset. Meaning if you self-custody it properly, it is difficult if not impossible for anyone to confiscate it. Price action draws my attention just like everyone else, but I often remind myself that the alternative is holding the majority of my wealth in assets that are held by a custodian (a bank or a broker). That means I would have to put my life in someone else's hands. I would have to trust my custodians with my hard earned money. Now that we have a hard money that can be self-custodied, we can take our own lives into our own hands. I don't know about you, but that kind of asset is extremely valuable to me. So the Bitcoin price is interesting, but it's true value is immeasurable. Don't confuse price for value. Remember what the promise of Bitcoin truly means. Liberty.