StackSats ⚡️
stacksats@nostrplebs.com
npub1hycy...v4y3
#Bitcoin-only #Memes #AustrianEconomics #noderunner 🕳️🐇
GM 
GM
US debt surpassed $35 Trillion. Nothing stops this train. 
Access to hard money is a way to mitigate uncertainty of the future and therefore reduces time-preference.
Lower time-preference leads to more capital accumulation which causes civilization to flourish and living standards to rise.
GM 
GM
Hash ribbon buy signal fired and global M2 money supply making new ATH. Two of the most reliable bullish indicators for #Bitcoin.
VS
Uptick in exchange reserves due to Mt. Gox bitcoin being sent to exchanges. Temporary selling pressure.
Don't be a fool and panic sell due to temporary FUD. This has always been a bad strategy. 
GM 
GM 
In a fiat world, the urgency is on every government to manage the money so their zombie companies don't die and cause the economy to go into the toilet.
In a #Bitcoin world, the urgency is on companies to prove their worth to the marketplace.
Bitcoin doesn't socialize risk.
GM 
The world keeps crashing, while #Bitcoin keeps hashing.
The weighted average by currency size for the increase of the market supply of all fiat currency is 14% for the period from 1960 to 2020.
The destruction of wealth in savings through inflation does not magically create more productive opportunities in society, as Keynesian fantasists want to believe; it reallocates that wealth into destructive and failed business opportunities, which yield a positive nominal but a negative real return, resulting in capital destruction.
#Bitcoin fixes this.