great interview
https://g2ul0.app.link/andrewisback
MDB
mdbitcoin@primal.net
npub1ddxx...frmf
Notes about Money (₿), Medicine and AI.
🤔


#BTC patience


Bitcoin is fundamentally about shifting power back to the people, acting as a revolutionary force that challenges nations with poor property rights protections. It disrupts the traditional centralized state model by offering a form of money that cannot be seized and a monetary policy that remains unmanipulable. Viewed as the ultimate savings technology, Bitcoin aims to decentralize several centuries of centralized power within mere decades. This transformation shifts sovereignty from individual nation-states to a global, decentralized network, where a collective of Bitcoin holders—highly autonomous individuals—exerts influence. The most resistant countries, often large and bureaucratic, will face significant hurdles in adopting this technology. As Bitcoin's utility becomes undeniable, these countries may perceive it as too potent to be controlled by ordinary citizens, leading to potential attempts at confiscation. This scenario could kickstart a pivotal period from 2024 to 2028, suggesting a time of intense activity and challenges. Individuals should prepare intellectually, physically, and strategically, recognizing Bitcoin's deep-seated purpose in this dynamic.


softwar incoming. #bitcoin


bitcoin is good for your brain
proven by studies, trust


strategic stockpile of bitcoin


Trump TL;DR:
- US aims to become the Bitcoin capital of the world
- Creation of a strategic Bitcoin reserve for the US
- Fire Gary Gensler on day one
- Free Ross Ulbricht on day one
- Views stablecoins as pro-dollar
- End Operation Chokepoint 2.0
- Promote Bitcoin mining in the US
- Government to commit to "never sell your Bitcoin"
also,
"Have fun playing with your Bitcoin's "


Everyone is not bullish enough.
We are in the #Bitcoin Year.
Many individuals will miss out on the most significant wealth transfer in history due to their lack of understanding of monetary principles.
Bitcoiners will have access to every tool at their disposal to help shift the entire world from dystopia towards a closer approximation of utopia.
Bitcoin will be recognized by the masses as a risk-off asset.
BTC x USA
nobody can stop an idea whose time has come.


Our silent pandemic.
The metabolic dysfunction associated with obesity also drives hypertension, diabetes, heart attack, stroke, Alzheimer's, and cancer.
solution: fasting, exercise, elimination diet + carnivore, high protein, no processed food.


Adversaries will use every cultural issue to divide and undermine the West.
We are witnessing the impact of this relentless strategy.
bitcoin is needed

Yuri Brezhnev (1984), a former KGB agent and propagandist who defected, tried to warn us about ideological subversion. This is how you brainwash an entire nation.
Coming off the speech of @Edward Snowden,
we often view our enemies as naive or somewhat foolish,
underestimating their capabilities,
our typical portrayal of them is that of older, stubborn individuals who are out of touch with the evolving landscape.
while this characterization holds true for some,
it is not the full picture.
there are others who not only understand the transformative potential but also recognize it as a threat to their positions of power.
these adversaries are not merely resistant to change;
they are actively engaged in efforts to thwart the progress
they see it as a destabilizing force to the hegemony that has been meticulously constructed on the exploitation of oppressed individuals,
whom they regard as little more than modern-day slaves.
we find ourselves in a critical phase of conflict,
a "war" phase, if you will.
we must ensure the unwavering privacy, predictability and security of Bitcoin at all costs.
entrenched power structures rarely yield without a fierce fight.
they have substantial collective power and are prepared to use it to maintain their dominance.
we truly don't know who is a friend or a foe,
we must be diligent.


“You ask, what is our aim?
I can answer in one word: It is victory, victory at all costs, victory in spite of all terror, victory,
however long and hard the road may be; for without victory, there is no survival.”
– Winston Churchill


Bitcoin will always be a pension that works.
Three state pension funds are already buying it, with 47 more to go.
Humans have never built a stronger, more secure computing network.
If you are here now and saving in Bitcoin, you are set. Continue on this path.
Sometimes it will be difficult, but it will pay off.
The army of plebs will have more purchasing power than some billionaires of 2024. This will take a couple of decades.
There are 5.3 billion people on Earth with access to the internet.
Let's say 1 million coins are lost. For each person, there are 0.0038 Bitcoins. It's truly incredible.
BTC is the first money that doesn't need a military army to protect itself.


getting on that fasting grind again



The United States, with its massive economy, operates on a financial scale that involves trillions of dollars. Understanding how the country manages and settles this enormous amount of money requires delving into various systems, processes, and institutions that ensure the smooth functioning of its financial landscape. This essay aims to provide a comprehensive yet straightforward explanation of how the U.S. handles its financial obligations and transactions.
The Federal Reserve System, commonly referred to as the Fed, is the central bank of the United States and plays a crucial role in the country's financial stability. The Fed manages the nation's monetary policy, regulates banks, and provides financial services to the government and financial institutions. It oversees the money supply and interest rates, using tools such as open market operations, which involve the buying and selling of government securities to influence economic conditions. By adjusting interest rates and controlling the money supply, the Fed aims to maintain economic stability and growth.
The U.S. Department of the Treasury is responsible for managing federal finances, including collecting taxes, paying bills, and managing government accounts and public debt. It issues Treasury bonds, notes, and bills to finance government operations and repay maturing debt. These instruments are sold to investors, both domestic and international, providing the government with the funds needed to meet its obligations. The Treasury also manages the nation's cash flow, ensuring that there are sufficient funds available to cover daily expenditures.
Daily financial transactions in the United States are vast and varied, ranging from individual and business payments to government receipts and disbursements. Most transactions are settled electronically through systems like the Automated Clearing House (ACH) network and Fedwire. The ACH network processes large volumes of low-value payments, such as direct deposits, bill payments, and tax refunds. It operates in batch mode, meaning transactions are accumulated and processed at specific times throughout the day. Fedwire, on the other hand, is a real-time gross settlement system that processes high-value transfers. Transactions through Fedwire are settled individually and immediately, providing finality and reducing settlement risk.
Interbank settlements are a critical component of the financial system, ensuring that money can be transferred efficiently between banks. The Federal Reserve Banks facilitate these settlements through the Fedwire Funds Service. When a bank needs to transfer funds to another bank, it initiates a Fedwire transfer. The sending bank debits the account of the payer and credits its reserve account at the Fed. Simultaneously, the receiving bank credits the payee's account and debits its reserve account at the Fed. This process ensures that the funds are moved securely and immediately between banks.
The Treasury's centralized accounting system manages all government transactions, ensuring that payments are made accurately and on time. Payments to individuals and businesses are primarily issued electronically, reducing the need for paper checks and speeding up the payment process. Social Security benefits, tax refunds, and vendor payments are common types of disbursements managed by the Treasury. The centralized system also tracks all government receipts, including tax revenues and other income, ensuring accurate accounting and financial reporting.
Debt management is a significant aspect of the Treasury's responsibilities. To finance government operations and manage existing debt, the Treasury issues various forms of debt, including Treasury bonds, notes, and bills. These instruments are sold through auctions to investors, providing the government with the necessary funds. The Treasury also manages the servicing of this debt, ensuring that interest payments and principal repayments are made on time. This requires careful planning and forecasting to ensure that sufficient funds are available when payments are due.
Commercial banks play a vital role in the U.S. financial system as depository institutions that hold deposits and provide loans. They facilitate the flow of money through the economy by offering payment and clearing services. Banks use clearinghouses and the Federal Reserve's services to clear checks and electronic payments. When a check is deposited, the bank sends it to a clearinghouse, which processes it and settles the transaction by transferring funds between banks. Electronic payments, such as those made through the ACH network, are also cleared and settled through similar mechanisms.
The Federal Reserve regulates and supervises banks to ensure they operate safely and soundly, maintaining the stability of the financial system. The Federal Deposit Insurance Corporation (FDIC) insures deposits, providing confidence to depositors that their money is safe. These regulatory measures are essential for maintaining trust in the banking system and preventing financial crises.
Monetary policy is a key tool used by the Fed to influence economic conditions. By adjusting interest rates, the Fed can influence borrowing and spending, helping to control inflation and support economic growth. During times of economic stress, the Fed may also engage in quantitative easing, purchasing large amounts of securities to inject liquidity into the economy and lower long-term interest rates.
Fiscal policy, managed by Congress and the President, involves government spending and taxation decisions that influence overall economic activity. The federal budget dictates how much the government will spend and collect in taxes, impacting everything from infrastructure projects to social programs. Fiscal policy can stimulate economic growth during downturns or cool down an overheating economy.
The U.S. faces challenges in managing its growing national debt. Ensuring the sustainability of debt levels is crucial, as rising debt leads to higher interest payments, which can constrain future government spending. Innovations in financial technology, such as blockchain and digital currencies, offer potential improvements in transaction speed and transparency. Financial technology companies are also innovating in areas like payments and lending, offering new solutions for managing money.
the United States' financial system is a complex network of institutions, processes, and technologies that work together to handle trillions of dollars in transactions and obligations. From the Federal Reserve's monetary policy to the Treasury's debt management and the daily operations of commercial banks, each component plays a vital role in ensuring the stability and efficiency of the nation's economy. Despite challenges such as managing the national debt, the system continually adapts and innovates to meet the demands of a dynamic financial landscape. Understanding these mechanisms provides insight into how the U.S. maintains its position as a leading global economy.
Bitcoin offers a superior method for settling trillions of dollars daily compared to traditional systems. Its blockchain technology provides a transparent, immutable ledger that ensures every transaction is recorded and cannot be altered, eliminating the risk of double-spending. Bitcoin transactions are peer-to-peer, meaning they bypass intermediaries like banks and clearinghouses, resulting in near-instant settlements and significantly lower fees. This efficiency reduces delays from days to mere minutes, providing real-time settlement capabilities. Moreover, Bitcoin's cryptographic security guarantees the integrity and confidentiality of transactions, preventing fraud and leakage. Unlike traditional systems subject to monetary policy changes and inflation, Bitcoin's fixed supply ensures a stable and predictable settlement medium, making it an ideal solution for handling large-scale financial transactions with greater security, efficiency, and reliability.


might fuck around and change the world