Is there a way to embed multiple pictures inline on Damus or do you have to just make a thread?

Another case of history repeating itself… Bush pushed DHS forward which was further expanded/abused by Obama, whichever you prefer. However, historical context sheds 💡on the truth. Decades, centuries, and people are different, though mankind generally behaves the same.

The biggest takeaway from the 2023 Bitcoin Conf / #[6]​ was the energy, interest, and capital looking to back infrastructure that will power financial liquidity for future generations. A quick history of how liquidity crises led us to #Bitcoin. Money has moved over networks for centuries. Originally, gold moved by land and water through a network of ports and shipping lanes, until lack of speed and liquidity issues forced change. Paper notes & treasuries replaced gold for faster value transfer until liquidity & foreign exchange problems arose again in the 1960s & 70s. So, Central Banks created a digital network, SWIFT, to increase money velocity & solve liquidity distress. With central and commercial banks online and individuals having access to PCs, email, and web browsers the barrier to information finally broke. This launching of the internet sparked a wave of innovation and liquidity that led to the globalization of businesses and people. #Bitcoin's creation resolves the liquidity issues that resurfaced in 2008 and are ongoing today. This monetary protocol ties together our past networks, while adding security, and allowing information and value to flow freely throughout the 🌎. Money is not wealth. It isn't for hoarding. It's for multiplying. Money guided by principles and diversified talent is what builds wealth that lasts for generations. Whether routed through ports, servers, or nodes connectivity & access are what have made money valuable. Liquidity crises are a sign that our money and the way we use it need complete reformation. We need to ask the right questions for understanding how to get back on rails that lead to real wealth vs. values that inflate our bank accounts.

Education and family are the only way out of oppression. #Bitcoin  #[2]​ #[3]​ #[4]

HT to Jeff Snider for mentioning Knut Wicksell's 1906, The Influence of the Rate of Interest on Prices. We face this problem today. Bc central bankers have no idea where "normal rates" should be, our core prices never fall (energy/food).

Econlib

"The Influence of the Rate of Interest on Prices" - Econlib

The thesis which I humbly submit to criticism is this. If, other things remaining the same, the leading banks of the world were to lower their rate...

Feels like Thomas Tooke may have been Satoshi. “No remedy can be applied until all the defects in the system of our currency be exposed.” - Thomas Tooke A #Bitcoin  ‘ers take in 1822

The fallacy behind the central banker’s game of rate manipulation. A world driven by technology has proven what Milton Friedman knew and tried to warn of.

Why Milton Friedman Was Right and the Fed Is Wrong

High rates, not low rates are a sign of a healthy and functioning economy

The forced US regional bank consolidation looks a lot more Chinese than original or accident.

The fundamentals often get lost between FOMO and fear. Enjoyed chatting with #[0]​ and look forward to monthly conversations. EP 42:

Apple Podcasts

EP42 Bitcoin Fundamentals with Trey Sellers from Unchained

Podcast Episode · Navigating Bitcoin

If you ever question why things like 2020’s COVID “pandemic”, 2008, The Great Depression, or WWI & II happen. There’s plenty of evidence that proves this is more than likely the real truth. 👇👇💪 Most of these events are not accidents but the motives of greedy men. That’s why we #bitcoin and #nostr.

A quick note I jotted while on a call in 2020 or 2021. What seemed obvious & misunderstood in the moment (a VC bubble), became reality in 2022/2023. We are seeing the unintended consequences of a 🌎 driven by reckless VC deals/valuations. The relentless gobbling up of businesses forced price increases + exponential hollow “growth” at the expense of pricing out the middle and lower class. All to create a bunch of empty unicorns, for a few dudes to pound their chest, and to satisfy 3-5yr Excel exit models. Spreadsheet math and astronomical multiples got us to the point where we are… bank failures.

The FED calling SVB and $FRC “outliers” is the same as JPM, UBS, Credit Suisse and other banks blaming “rogue traders” as the cause of 2008. Winners don’t place blame. They solve problems.

The fundamentals of #Bitcoin continue to look strong and are strengthening as traditional banks catch 🔥🏦🔥.

Update: Bitcoin Shines Amidst US Banking Crisis

Bitcoin Fundaments are positive and the 4 year halving cycle remains on schedule

Enjoyed this pod with #[0] where we discussed #nostr & #Bitcoin . EP41 Part1:

Apple Podcasts

EP41_P1_GuySwann: Nostr, Bitcoin and Taking 2 Steps Forward, 1 Step Back

Podcast Episode · Navigating Bitcoin

🔌 Re-architecting the internet around people 💸 Fiat obscures reality 📲 Adjusting to Nostr ✅ A shift from the old way of doing things Part 2:

Apple Podcasts

EP41_P2_GuySwann: Nostr, Bitcoin and Taking 2 Steps Forward, 1 Step Back

Podcast Episode · Navigating Bitcoin