Owning #Bitcoin for the idea that it will moon or go to $1,000,000 per coin is a fiat maxi mindset.
Fiat-🧠 is hard to get rid of.
Kane McGukin
kane@NostrVerified.com
npub13j76...s940
#Bitcoin + Monetary Innovation. My opinions are my own and not financial advice. Navigating Bitcoin’s Noise 🎙️http://apple.co/3wFbiiq
The two charts on the right from JPM's 3Q guide to the markets say everything you need to know.
Weight and Earnings contribution can't be going in opposite directions... 

The $GME saga was a ⚠️.
As excessive liquidity has spread, chicanery is being used across many derivatives markets…
With little understanding of the calamity it can cause.
Peruvian Bull nailed it w/ his video
& @npub1qw6e...2v52 / @The Bitcoin Layer w/ his comments on the Tsy mkt from the BIS…


Margin leverage and vulnerabilities in US Treasury futures
Box extracted from Overview chapter "Resilient risk-taking in financial markets", BIS Quarterly Review September 2023.
Enjoyed a recent 🎙️ with Eric Yakes. He has interesting views and a good🧠 when it comes to monetary evolution.
EP49 -
🛠️ Building the #BTC ecosystem
🏦 Centralization & tradeoffs w/ custody models
🛜 Bitcoin rails + Free banking + FinTech 
Apple Podcasts
EP49 Bitcoin Unveiled: The intersection of Money, Politics, and Banking with Eric Yakes
Podcast Episode · Navigating Bitcoin

This all. 

How We Got Here:
1980s: Do your job / Finish the task
1990s: Do my job / Find someone to Finish the task
2000s: It’s not my job / I’ll hand off the task
2020s: I don’t need a job / AI + machines will finish the task.
Work is the central component to our human CPU.
This is how you go from a productive economy
> to service economy
> to unproductive economy
Probably one of the most important #Bitcoin pods in the last 3yrs if not more.
Fundamentally, each have a great read on how a micro asset fits into the macro picture.
They paint the future view well and I share many of the same views.

Apple Podcasts
The Peter McCormack Show
Politics Podcast · Updated Semiweekly · The Peter McCormack Show is a podcast covering politics, economics, free speech, and Bitcoin.

X (formerly Twitter)
Jeffrey P. Snider (@JeffSnider_EDU) on X
Thinking further, if done right #bitcoin might not just replace the eurodollar but also the need for banks. What are banks nowadays anyway? They ar...

Bitcoin Magazine
Bitcoin Is Global Money For An Interconnected World
Globalization has occurred to people, products and corporations — but what about our money?

Very applicable to the state of #money, #Bitcoin and the entire cryptocurrency ecosystem, now and into the next decade. 

It’s how we get to where we’re going…
The old and new look much the same but this time with #Bitcoin optionality. 

Banking’s BlackBerry Moment
Thanks for the repost npub1elwpzsul8d9k4tgxqdjuzxp0wa94ysr4zu9xeudrcxe2h3sazqkq5mehan
https://x.com/stuntpope/status/1702342580074107381?s=46&t=BCZ86Q6VE35kiDHSK1Vf6w

Banking Faces its BlackBerry Moment
One of the surest things in life is that change is imminent
Focusing on money is the wrong take.
Satisfying the needs for the most while balancing credit, leverage and liquidity in a way that reduces folly is the answer.
Much focus is placed on money.
However wealth is created and destroyed by our financial habits which have nothing to do with protocols, tokens, or yield. 

