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f0xr
f0xr@primal.net
npub1h3kv...wlmn
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford
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f0xr 1 year ago
I wonder if the "diversity" types ever think about what winning would look like. If the whole globe is completely "diverse", doesn't that make the whole globe completely homogeneous? I think the people seeding the idea know that, and they really don't want diversity the way the word is commonly understood. They want everything to be uniform, homogeneous urban monoculture. For one thing, it makes totalitarian collectivism easier to implement. Just herds of brain-dead NPCs, parroting the same talking points from the same propaganda outlets, unquestioningly obeying for "the common good", always ready to agitate for the cause du jour, totally dependent on the social structure and unable to survive any disruption of the status quo. They're also moral relativists, so they're desperate to eliminate the possibility of different cultures in different places. Easy observation of the fact that some cultural patterns have good results and some have bad results undermines their belief system. Can't have the peasants seeing greener grass next door, like how simple it is to dramatically reduce crime in El Salvador, and demanding those policies in their neighborhood.
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f0xr 1 year ago
The monetary premium of commodity monies is an abstract concept attached to a physical object. That means a purely monetary technology has by definition no physical form, it's fully abstract. Goldbugs can't comprehend this.
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f0xr 1 year ago
Mass immigration from dysfunctional places on the globe to (semi) functional Western countries will brutally expose the cost of living in a low-trust society versus a high-trust society. The tip of the iceberg gets all the attention, but the base is where all the difference between low- and high-trust societies rests. Ignoring that fact will sink Western civilization like the Titanic. image
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f0xr 1 year ago
With all the buzz around the Bitcoin ETFs recently, I've been thinking a lot about money flows and what the term really means. Just finished my latest article on money flows, price, and how it all works. Check it out here if you're interested. Bottom line, stay humble and stack sats is still great advice, and as long as everyone stays humble enough not to sell, we don't need any "inflows" at all to take the Bitcoin price to $100k and beyond.
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f0xr 1 year ago
Democracy? Nah, we live in a bureaucracy. image
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