The Great Taking
The Great Taking
The Great Taking
"I am illustrating the horror and simplicity of the lie. You are led to believe that you own something, but someone else secretly controls it as collateral, and they have now established legal certainty that they have absolute power to take it immediately in the event of insolvency, and not your insolvency, but insolvency of the people who secretly gave them your property as collateral. It does not seem possible, but this is exactly what has been done with all tradable financial instruments globally. [...] Essentially, all securities, quote, owned by the public in custodial accounts, pension plans, and investment funds are now encumbered as collateral, underpinning the derivatives complex." ~ David Rogers Webb
A must-read.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
You cannot change the world by forcing ideals; master your own mind, and true justice follows.
Simplicity is a typed, combinator-based, functional language without loops or recursion. It is formally verified, and can be statically analyzed with upper bounds on computation resources prior to execution.
Simplicity has the desirable property of being Turing incomplete, but can express any finitary function. Simplicity is the next generation in smart contract scripting.
There are now three Liquid functionary operators signaling for Simplicity. Activation requires unanimous support from all functionaries over a window of 10,080 blocks.
Simplicity
Simplicity: Next-Generation Smart Contracts for Bitcoin
Build secure, transparent Bitcoin smart contracts with Simplicity. Learn, write, and deploy powerful contracts using Simplicity and SimplicityHL.
Take a moment today…
As you think back on your weekend, consider how others spent theirs. While you enjoyed your time, let’s honor the reason many have today off. Peace!
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
On this Monday, let my mind be a fortress, unwavering in focus, embracing each task with calm purpose.
May the world, upon seeing us pass by, be astonished and exclaim with profound awe, "I didn’t know there still existed such a solid Community in the world," and may we feel proud of the Supreme Community, the paradigm, and raise our glasses of champagne for God, for man, and for Bitcoin.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"You have power over your mind—not outside events. Realize this, and you will find strength." – Marcus Aurelius
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
This Friday, I will meet the day's challenges with a calm mind and a steady heart, focusing only on what is within my control.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
Happy Bitcoin Pizza Day🎂🥳🥳
Fifteen years ago, Laszlo Hanyecz spent 10,000 Bitcoin on two Papa John's pizzas.
Now, 10,000 BTC is valued at over $1.1 billion.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"You lament the wealth of others while sitting in comfort—master your own desires before judging another's excess
Michael Saylor says "Bitcoin represents the greatest digital transformation of the 21st century.", I have been saying the same thing since 2011, comparing it to the printing press and gunpowder.
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"As I nourish my body with this breakfast, I cultivate strength and clarity to meet the day’s challenges with calm resolve."
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"Embrace the volatility of Bitcoin as you would the changing seasons—steadfast, patient, and unmoved by fleeting storms."
GM #plebchain, stay humble, stack bits/sats, focus on these virtues
Courage, Justice, Temperance, Wisdom, and think for yourself.
"This Saturday, I embrace the day with calm resolve, focusing only on what is within my control and letting go of all else."
A 5-year price chart of Bitcoin (XBT) against gold (XAU), with 1 XBT equating to 32.429100 XAU on May 16, 2025, reflecting a staggering 501,081% increase, highlighting Bitcoin's dramatic outperformance over gold as a store of value in that period.
XBT, as defined by the ISO 4217 standard, is Bitcoin's official currency code for borderless assets, often used in traditional finance, while XAU represents gold; this comparison underscores Bitcoin's growing acceptance in financial systems, especially in regions like Curaçao where BTC Curaçao
promotes its legal use as a payment alternative.
Bitcoin's price surge aligns with recent market trends, such as its climb past $91,000 in November 2024 following the U.S. Federal Reserve's rate cut and Trump's re-election. Suggesting that macroeconomic factors and political events continue to drive Bitcoin's value against traditional assets like gold.
Let this sink in!
