Did you ever reflect over this? 👇 The reason why monetary monopoly is such an enormously centralizing political tool is that the Cantillonaires (those who benefit from spending money created out of nothing) get positive compound interest from inflation, while the rest of us get negative compound interest. It blows up the gap between the two groups in no time at all.

Question: What happens to interest rates when every investing individual and company try to copy Michael Saylor and Microstrategy?

Do you want to make it easier to see through the fog of complexity? Do you want things to make more sense? And do you want a better life? Well, lean on me for a moment, my friend, and we can walk the first few steps together. . Here are some basic ideas that can help us on our way: 1. The belief system (our ideas) that dominate society is layer zero, and dictates which monetary system (layer one) we get. 2. The most basic belief systems are: a) "People are in general kind, I am a free man, and we can play and cooperate" (free man mentality) and b) "People are in general evil, I am a slave and an NPC, we need a master to play us so that we don't rip the throats out of each other" (slave mentality.) 3. We only have two types of monetary systems to choose between: a) monetary freedom, which means that everyone must work to get money and compete for scarce resources on equal terms. b) monetary monopoly, which means that a monopolist can create money out of nothing and outcompete everyone else in a hunt for scarce resources. 4. If type 2 a) ideas (free man mentality) dominate society, we get type 3 a) monetary system (monetary freedom.) 5. If type 2 b) ideas (slave mentality) dominate society, we get type 3 b) monetary system (monetary monopoly.) 6. The monetary system, dictates how everything else in society (layer two) develops. 7. People produce children and build capital. 8. The state produces bureaucracy and destroys capital. 9. Introduction of type 3 a) monetary system (monetary freedom) quickly makes it possible for the people to dominate the state, enabling us to produce ever more children and ever more capital. 10. Introduction of type 3b) monetary system (monetary monopoly) quickly makes it possible for the state to dominate the people, enabling it to produce ever more bureaucracy and destroy ever more capital. *** The rest is mostly noise. However, two ideas are even bigger than the ones I have mentioned above: *** 11. You have the ability to control your own ideas and your own belief system, and you can be creative. 12. Ideas spread fast, because man is the most efficient and advanced Xerox machine ever made. *** Choose wisely, and have a nice day ❤️

Scandal The Norwegian Government Pension Fund Global is the largest sovereign wealth fund in the world. It has more than 500 employees and invests in real estate and securities outside Norway. Since its inception in 1998, the oil fund has lost 4 x the 2024 Norwegian state budget when we compare with the gold price as bench mark, which should be a bear case scenario. The fund isn't allowed to invest in gold or Bitcoin. I and a friend will release an article about this in Norwegian newspapers this week. We might translate it into English and see if we can have it printed somewhere else.

Blob-minions creep back to X to reclaim lost territory these days.

100% Diddy gets out of this

I spent 3 years as a national expert in the European Commission. Please forgive me 😁

People who believe those on the far left represent the very opposite of those on the far right can aptly be called "political flat earthers."

I'm struggling with understanding Michael Saylor's base case of 14 million USD per bitcoin in 2045. He says that Bitcoin's market cap represents 0.1% of total global wealth today (relative market cap), while his base case scenario assumes that this goes to 7%, which is a 70-fold increase. If we look at the historical annual average increase of the money supply USD, we know that it's about 7%. If the money supply continues to increase at this rate, it means that in 21 years the amount of money has more than quadruppeled (≈ 4.3). Today the price of one bitcoin is 63,000 USD. 4.3 x 63,000 USD ≈ 270.000, which represents the M2 adjusted (monetary inflation adjusted) price over a 21 year period. Saylor's base case of 14 mill USD represents 52 x today's price, adjusted for the increase of the monetary supply. I don't understand how a base case of 70-fold increase of Bitcoin's relative market cap translates into just a 52-fold increase in the real, M2-adjusted price. Wouldn't it be logical that the real, M2-adjusted bitcoin price increased more than Bitcoin's relative market cap? After all, we're talking about an asset with absolute scarcity, while global wealth, on the other hand, normally would grow. What am I missing here?

The most important thing the government represents for the people is that it it plays the role of a half god who tells them he can make something good out of nothing. The longer people believe in this idea, and the more money they fork over to the government in the form of taxes, the more difficult it is for them to admit that the idea is false. For many, the feelings they have for the government is probably different from the emotional attachment to an imaginative nanny who protects them and cares for their welfare. Instead, I think it's more akin to the emotional attachment they have to their own offspring. They have cared for the government, paid for it, believed in it, fought for it and nurtured it over so many years, that doubting its motives and abilities is akin to believing their own son or daughter is evil or incompetent. Which probably is one of the most painful emotions imaginable - something that must be resisted at all cost.

Any thoughts on the fact that the Tates haven't yet commented on the Diddy arrest? (Per Grok)

I asked Grok about research on the link betweeen the learning hormone dopamine, lack of learning in schools and drug abuse. Have a look, this is interesting:

X (formerly Twitter)

Learning can release dopamine, and so can drugs. if kids learn too little in the school, they might resort to drugs to get the dopamine. Is there any researc that discusses the role of dopamine in the interplay between lack of learning and drug abuse?

Research on the direct interplay between a lack of learning in educational settings and drug abuse, particularly focusing on dopamine, isn't extens...

If I was an all-powerful psychopath, I would keep most of the world's people, group A, as illiterate and poor as possible, and extract their natural resources using their cheap labor. To the extent other people, group B, would benefit from this or from technologies they created, I would gradually tax them to death and steal their savings with inflation, while I in parallel would use their schools to dumb them down as much as possible. Keeping everyone dumb and docile would be necessary to avoid any counterplay against me. And if my income from group B started falling because of a collapse in productivity or some destructive event, I would bankrupt them, flood their country with people from group A, and extract group B's natural resources using everyone's cheap labor. While this went on, I would allow some of the people in group A to develop skills and increase their productivity, while I gradually taxed them to death and stole their savings with inflation. I would rinse and repeat until the NPCs realized that I was playing with them, and developed strategies to fight back against me. I would worry about this, because I would know that almost every strategy to fight against me would be a winning strategy for them. In fact, it would probably be more than enough enough that a small group of NPCs turned into active players. By f***ing around and trying they would soon find out what worked and not. And that would be the end of it for me.

Did you know that dopamine also is known as a learning hormone? When you learn something new, especially if it's challenging or you've been anticipating it, your brain can release dopamine. This acts as a reward signal, reinforcing the behavior that led to the learning. I heard this just recently, but it makes sense, in many ways. Some of the greatest joy I have felt, was when I understood new ideas. An even better I experience I've had a few times, was when I met someone who had a different idea than mine, and our two ideas melted into a new, third idea. This felt almost like magic. I'm pretty sure my brain was showered in dopamine when it happened. The reinforcement that dopamine creates can motivate you to continue learning or to repeat the behaviors that led to the learning experience. It's probably addictive. I suspect that one of the reasons why so many kids turn to drugs these days, is that they learn too little at school. They need dopamine to be happy, and when they can't get it naturally, they take drugs to get it. If you are aware of any research that investigates the relationship between lack of dopamine release naturally as a result of too little learning and drug abuse, let me know.

I miss the good old days, when my people crowned a dog name Saur as their new king.

Politics is the noise of destruction.