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Fred Frederickson
npub15r5s...fmta
Prediction: All of the scammers will flee from Big Crypto/NFTs/Ordinals/etc to hop on the AI train. BTC lives on stronger than ever.
Our ability to do any sort of planning has been completely destroyed and with it, some good part of our productivity. My wife and I are both professionals with multiple degrees. We worked hard throughout our careers to create a strong foundation for our family. What has happened in the last 3 years has left us unable to create 5 much less 10 year plans. Rather, I spend my days thinking about how we might get out of the country if/when things start going sideways. Putting your most productive citizens in this kind of position leads to a collapse in confidence and, ultimately, a collapse of a civilization.
Anyone do an analysis of the BTC held by the US that they could dump into the market and the net impact of that dump on price if done all at the same time vs piecemeal?
So last week there was the Ordinals attack and now today the USG is dumping their corn. What's next guys?
I love nostr and the performance has gotten so much better but it feels like this place is empty. No interesting non-Zap conversations, no engagement. It's like a ghost town.
Confession, I went to high school with an executive at one of the banks that just failed. We had to take an economics class in high school and were talking about the national debt. My classmate said, "why don't we just print enough money to pay back the whole debt?"
Listening to Cason on #[0]. Makes a critical point about the panopticon that is very hard for most people to wrap their heads around. Once the cage door is shut, it will be very very hard to ever open again.
Killing Signature to try to cut the legs out from crypto is worse than what Trudeau did in Canada. They literally just took down a bank for no reason other than because it banked crypto companies. Most won't see it, but a critical few now know what we are facing.
Theory: This is all an op to sweep in a CBDC. Convince me I am wrong.
Frank admits they killed Signature because it was a crypt-affiliated bank. “I think part of what happened was that regulators wanted to send a very strong anti-crypto message,” said board member and former congressman Barney Frank. How's everybody enjoying a country without laws?
BTC is on fire and GBTC manages to lose more ground from last week. Nice job Barry.
As Shellenberger points out, there is a massive effort underway to detect any utterance out of step with the new Disinformation Board and label it domestic terrorism. The end goal is to get dissidents under lock and key. "This entire government agency, CISA, part of DHS, should be abolished. Its leaders & programs have flagrantly & repeatedly violated the First Amendment. The Supreme Court rejects gov't censorship save those rare cases when speech immediately incites *physical* violence."
Mike Benz @MikeBenzCyber Rep. Massie: DHS efforts are already underway to add censorship of "financial misinformation" to CISA's portfolio of "critical infrastructure" domains it can classify tweets as a cyber attack on, & thus censor. See, e.g., link below: https://cisa.gov/sites/default/
Called it "Thomas Massie @RepThomasMassie Just got off of a zoom meeting with Fed, Treasury, FDIC, House, and Senate. A Democrat Senator essentially asked whether there was a program in place to censor information on social media that could lead to a run on the banks."