There is zero liquidity in the system and the Treasury is shut down. We wouldn’t need #bitcoin in an environment like this. We hodl it to protect us against debasement. The currency is currently not being debased. Be prepared for lots of stuff to sell off until the profligate spending returns. Zoom out and don’t lose the first principles picture here.

I think @Pierre Rochard said something along these lines but the degens are going to eventually realize that being a degen is actually creating market dynamics that hurt their position and they will figure out by scaling down the leverage, they can actually make more money. I think we are living through that realization right now.

HOT TAKE: Dick Cheney was about to whistleblow on 9/11.

Is it possible that the people that stole the Old World from us learned how to steal the “Older World” from studying previous cataclysmic events? The mind races with the possibilities, but one thing is certain; the historical narrative is totally false. We’ve had our glorious past stolen from us to make us feel worthless and helpless.

What if I told you, we are already going parabolic. Stick around. Might be fun.

Little pre-dinner sampling. @Ben Justman🍷

Got a great birthday gift. Can’t wait to dive in. @Daniel Prince

The Oregon Trail existed 700 years after the Notre Dame Carhedral was said to have been built. Does this make sense to you?

Yes, The Romans with some slaves and donkeys built this. They had spears and sandals but were able to make this. Does this make sense to you? View quoted note →

Hard to understand how people can look at these old world buildings and think that the history they have been told is real. Completely incongruous with reality. None of it makes sense.

Main course. #foodstr

When you get invited over for dinner but then asked to make the steaks. Round 1. #foodstr

Judges ordering decisions on welfare. How did we ever get to this point?

The next 30-45 days will go down on par with this time period in 2022 as one of the best risk adjusted times to buy ever. #bitcoin